start: 06/07/2024 02:33:05.977
end: 06/07/2024 02:33:05.983
6ms
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: 06/07/2024 02:33:05.992
end: 06/07/2024 02:33:06.120
128ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 06/07/2024 02:33:06.120
end: 06/07/2024 02:33:06.149
29ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 06/07/2024 02:33:06.149
end: 06/07/2024 02:33:06.166
17ms