start: 14/07/2024 06:39:51.351
end: 14/07/2024 06:39:51.358
7ms
mof_content/internet/The Government/Government/zzzzTop Left Nav
Top Left Nav
start: 14/07/2024 06:39:51.358
end: 14/07/2024 06:39:51.359
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 06:39:51.359
end: 14/07/2024 06:39:51.369
10ms
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 06:39:51.369
end: 14/07/2024 06:39:51.402
33ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 06:39:51.402
end: 14/07/2024 06:39:51.410
8ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 06:39:51.410
end: 14/07/2024 06:39:51.411
1ms