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 What is the function of a commercial bank?

Answer A commercial bank is authorized to accept deposits, make loans and offer other products and services such as credit cards, payment transactions and the issuance of letters of credit.Time DepositsCo... Read More »
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Top Q&A For: What is the function of a commercial bank

What is the difference between a commercial bank and a savings&loan bank?

Both a commercial bank and a savings and loan accept deposits. But they differ in terms of the loans they primarily make and in what institutions regulate their operation.GovernanceA savings and lo... Read More »
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What is the difference between an investment bank&a commercial bank?

Commercial banks accept deposits from individuals and businesses then loan the deposited funds out. Investment banks raise money by issuing securities such as stocks and bonds. Investment banks als... Read More »
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What Is the Difference Between an Investment Bank & a Commercial Bank?

A commercial bank takes deposits and issues loans to customers. An investment bank sells securities, investment instruments and provides advice on buyouts and mergers to corporations and large busi... Read More »
http://www.ehow.com/about_6537995_difference-investment-bank-commercial-bank_.html

What is a commercial bank?

A commercial bank is a type of financial institution sometimes called a retail bank, which offers a variety of accounts directly to the public. Commercial banks also participate in lending and serv... Read More »
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