Write about commercial banks
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commercial bank is a type of 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 and small businesses. A commercial bank is where most people do their banking, as opposed to an investment bank.
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Commercial bank. Part of a series on financial services. Banking. A commercial bank is an institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.The main function of commercial bank is to accept deposit from the public for the purpose of lending money to the borrowers.
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