Economy, asked by banerjeemonami823, 9 months ago

What is commercial bank?​

Answers

Answered by MsRisingStar
15

Hey mate .....☺️

here's your answer_______

The \:  term  \: commercial \:  bank

 refers \:  to \:  a  \: financial \:  institution

 that \:  accepts \:  deposits, \:  offers  \:

 checking  \: account  \: services,

 makes  \: various \:  loans,  \: and \:

offers \:  basic  \: financial \:  products \:

 like  \: certificates \:  of \:  deposit  \:

 (CDs) and  \: savings  \: accounts \:  to \:

individuals  \: n \: small \:  businesses.

Answered by Anonymous
2

A commercial bank is a type of bank that provides services such as accepting deposits , making business loans , and offering basic investment products .

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