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What are the five functions of commercial banking?

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Winston Stehr

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Q: What are the five functions of commercial banking?
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What is expanded commercial banks or universal banks?

An expanded commercial bank is a type of financial institution that goes beyond the traditional functions of a regular commercial bank. While commercial banks primarily handle transactions such as deposits, checking account services, and loans for individuals and businesses, expanded commercial banks have additional capabilities. These extended functions allow them to offer a broader range of services to their customers.


Is universal banking is also know as commercial banking?

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