Register
What is commercial bank? in your own words. ​
72.8k views
3 votes
What is commercial bank? in your own words. ​

User Shiwanka Chathuranga
by
8.6k points

1 Answer

5 votes
A commercial bank is a financial institution that is authorized by law to receive money from businesses and individuals and lend money to them. Commercial banks are also open to the public and serve individuals, institutions, and businesses.
User Yann Coleu
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government’s involvement in economy serves what two purposes?
Link Copied!