According to critics, what is the primary focus of banks?

The primary focus of banks, according to critics, is profit-making. This perspective is rooted in the fundamental nature of banking as a business that seeks to maximize financial returns for its shareholders. Critics argue that, in pursuing profitability, banks may prioritize financial performance over other considerations such as social responsibility, community development, or environmental sustainability.

While banks do engage in social and community initiatives and may participate in environmentally sustainable practices, these are often viewed as secondary to their main objective of generating profit. This critique highlights a tension between the role banks play in supporting broader societal goals and their responsibility to their investors to achieve financial gains. It emphasizes the need for a balance between profit-making and contributing positively to society, pointing out that a singular focus on profit can sometimes lead to negative outcomes for communities and the environment.