start: 14/07/2024 05:05:42.142
end: 14/07/2024 05:05:42.156
14ms
mof_content/internet/The Government/Government/zzzzTop Left Nav
Top Left Nav
start: 14/07/2024 05:05:42.156
end: 14/07/2024 05:05:42.157
1ms
PT Not found or content rendering problem
mof_content/internet/The Government/Government/Gov Home Left Nav
Gov Home Left Nav
start: 14/07/2024 05:05:42.157
end: 14/07/2024 05:05:42.170
13ms
Commercial Banking
A commercial bank is a bank whose main functions are to accept demand deposits and to make short-term loans, chiefly to business firms, thereby facilitating the transfer of funds in the economy. In addition, commercial banks make many other kinds of loans to private individuals, firms, government agencies or to the Government itself. They also issue time and savings deposits and operate trust departments.
Though commercial banks do not issue currency, they do issue money in the form of demand deposits, hence they have the power of creating and destroying money.
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 05:05:42.171
end: 14/07/2024 05:05:42.295
124ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 05:05:42.295
end: 14/07/2024 05:05:42.306
11ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 05:05:42.306
end: 14/07/2024 05:05:42.308
2ms