German NOUN A1 Rank 639

die Bank

bank / bench

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Bank vs Kreditinstitut

credit institution

Here, Bank and Kreditinstitut refer to a company that conducts banking business. Bank is the usual everyday term. Kreditinstitut is a more formal collective term that includes, for example, banks and savings banks, and is especially suitable for official texts.

Visual example for Kreditinstitut
Bank

Ich frage meine Bank nach einem günstigeren Kredit.

I’m asking my bank about a cheaper loan.

Kreditinstitut

Im Vertrag wird das Kreditinstitut genannt, das den Kredit vergibt.

The contract names the credit institution that is granting the loan.

Open full word page: Kreditinstitut

In real life

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