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Q: How are payments banks different from commercial banks?
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What are the different type of banking institutions?

The different types of banking institutions are: Commercial banks, Credit Unions, and Online banks.


What are different types of bank institutions?

The different types of banking institutions are: Commercial banks, Credit Unions, and Online banks.


How many banks in Cambodia in 2013?

There are a variety of banks in Cambodia but there are different types of banks. In total there are 8 Specialized banks, 32 Commercial banks and 29 Financial Institution banks.


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Total number of private commercial banks is 36 including 8 Islamic commercial banks. And there are 9 foreign commercial banks in Bangladesh.


Commercial banks and their relationship with the reserve bank?

we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank


What are some services offered by the commercial banks?

Some of the different services available from commercial banks to its customers are:Checking/Current accountSavings accountsInternet/Mobile BankingATM CardsCheck BooksDeposit AccountsLoansCredit Cards etc.


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What were commercial banks' assets in 1992?

Commercial banks controlled about $2.4 trillion in assets in 1992


What are the contributions of commercial banks to the development of Nigeria?

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What are the types of commercial banks?

Commercial banks can be classified based on who owns them. they are:Public commercial banks - The banks that are owned by the governmentPrivate commercial banks - The banks that are owned by private individuals or companiesForeign commercial banks - The banks that are owned by individuals or companies that are incorporated outside the country where the bank operates


Definition of commercial banks?

A commercial bank is a regular bank that provides the day to day banking services to its customers.Some of the different services available from commercial banks to its customers are:Checking/Current accountSavings accountsInternet/Mobile BankingATM CardsCheck BooksDeposit AccountsLoansCredit Cards etc