A commercial bank is a financial institution that accepts deposits from the public and provides loans to its clients in order to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks.
A commercial bank is a financial institution that accepts deposits from the public and provides loans to its clients in order to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks.
Source: Wikipedia "Commercial bank" · CC BY-SA 4.0
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