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functions of kenya commercial bank
to provide loan to customers and other commercial banks. to check the functioning of commercial banks.
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
To license & supervise banks & hold commercial banks reserves & lend money to them.
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.
Banks can be broadly classified into many categories based on the functions they perform and based on the services they offer. Some of the types of banks are: 1. Commercial/Retail Banks 2. Private Banks 3. Investment Banks 4. Rural Banks 5. Co-operative Banks 6. Industrial Banks 7. Etc.
Total number of private commercial banks is 36 including 8 Islamic commercial banks. And there are 9 foreign commercial banks in Bangladesh.
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
Universal banks are able to take on a large number of functions because they are both a commercial bank and investment bank. Additionally, universal banks provide other financial services such as accounting, insurance, fund investment, and issuing of credit cards.
Commercial banks - NO. National banks - YES.
types of commercial banks are: 1) public sector banks 2) private sector banks....
Commercial banks controlled about $2.4 trillion in assets in 1992