A commercial bank is a normal bank that provides the basic banking services to its customers. Some of the different services available from commercial banks to its customers are:
1. Checking/Current account
2. Savings accounts
3. internet/Mobile Banking
4. ATM Cards
5. Check Books
6. Deposit Accounts
7. Loans
8. Credit Cards etc.
what are the roles and functions of commercial bank
They work with d central banks in distribution of monetary issues
Bank financial services in Nigeria, are those products, tangible and intangible offered by banks to their customers, in return for profit.
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India, Ethiopia, Africa, Nigeria, South Africa.
pays the Federal funds interest rate on the loan.
A commercial bank is a normal bank that provides the basic banking services to its customers. Some of the different services available from commercial banks to its customers are: 1. Checking/Current account 2. Savings accounts 3. Internet/Mobile Banking 4. ATM Cards 5. Check Books 6. Deposit Accounts 7. Loans 8. Credit Cards etc.
There ar 24 commercial bank in nigeria
Access Bank is a commercial bank in Nigeria that is licensed by the national banking regulator "Central Bank of Nigeria". The bank headquarters is located in Victoria Island, Lagos, Nigeria.
The bank regulation in Nigeria from 1990 till date has helped the Central Bank of Nigeria to regulate banking policies. Commercial banks are monitored by the Central bank so as to ensure that they adhere to the defined regulations.Ê
central bank control other bank by giving them loan and it debited their account.
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First Bank of Nigeria Union Bank of Nigeria Chellarams
Bad and doubtful debts decrease the amounts of profits that a commercial bank in Nigeria can make. Because the banks cannot collect these debts, they make significant losses.
Fidelity Bank Nigeria was created in 1988.
evolution of commercial banking in Nigeria
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