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.
the role of commercial banking in the development of nigerian economy
the role of commercial banking in the development of nigerian economy
The effects of nationalization of the Commercial Bank in India is that it has had a positive effect on the economy. The natives of the country have directly benefited from nationalization of the bank because they own it.
essay the role of bank
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 is banking role in afghanistan economic development
Alexander Hamilton made a National Bank, also known as the Bank of the United States. This bank played an important role in making the U.S. economy more stable. ^ Answered by http://www.DumaFire.deviantart.com/
Commercial banks play a crucial role in the implementation and transmission of monetary policy by acting as intermediaries between the central bank and the economy. They facilitate the flow of money by adjusting interest rates on loans and deposits in response to central bank policy changes, influencing borrowing and spending behavior. Additionally, banks manage the reserves they hold, which can affect the overall money supply and credit availability in the economy. Through these mechanisms, commercial banks help to transmit monetary policy objectives, such as controlling inflation and promoting economic growth.
Alexander Hamilton made a National Bank, also known as the Bank of the United States. This bank played an important role in making the U.S. economy more stable. ^ Answered by http://www.DumaFire.deviantart.com/
Alexander Hamilton made a National Bank, also known as the Bank of the United States. This bank played an important role in making the U.S. economy more stable. ^ Answered by http://www.DumaFire.deviantart.com/
ordinary commercial bank
A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc