Bancos

Bancos is the plural form of banco in Spanish and Portuguese. In everyday usage, bancos most commonly refer to financial institutions known as banks, but the word can also mean benches, or seating units, in public spaces. Both meanings share a common origin in the Latin and Italian word banco, meaning a long bench used by traders.

When referring to financial institutions, bancos operate as financial intermediaries that accept deposits, make loans, and provide payment and wealth-management services. They facilitate cash flows, manage risk, and support economic activity by connecting savers with borrowers. Banks are typically subject to regulation and supervision by central banks or financial authorities to ensure capital adequacy, consumer protection, and financial stability. Common activities include retail banking for individuals, corporate banking for businesses, payment processing, and, in many cases, investment and asset-management services.

When banco means bench, bancos are seating furniture found in streets, parks, stations, and public buildings. They vary by material (wood, metal, stone), design, and ergonomics, and are used for rest, social interaction, or waiting. Public seating is often influenced by urban design, climate considerations, and accessibility standards.

Etymology: from Italian banco meaning bench, ultimately related to the idea of a long counter or place to sit, later extended to monetary institutions known for their encounter with moneylenders who sat at benches in medieval markets and towns.