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What does commercial bank mean?

Updated: 9/19/2023
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Q: What does commercial bank mean?
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What do you mean by commercial bank?

It can be defined as followed. Bank engaged in commerce.


What do you mean by Commercial?

It can be defined as followed. Bank engaged in commerce.


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National Commercial Bank was created in 1953.


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# 2 Repo rate is the discounting rate at which central bank borrows security from commercial bank.Repo means repurchase agreement b/w RBI &commercial bank. Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.


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The licensed commercial banks in Sri Lanka are: Commercial Bank of Ceylon Hatton National Bank DFCC Vardhana Bank Seylan Bank Sampath Bank Amana Bank NDB Bank Union Commercial Bank Nations Trust Bank Pan Asia Banking Corporation PLC


When was Commercial Bank of Ethiopia created?

Commercial Bank of Ethiopia was created in 1963.


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