OverviewRecent ChangesYour WatchlistSearch Widget
Definition of commercial bank
This is a financial institution providing services for businesses, organisations and individuals. Services include offering current, deposit and saving accounts as well as giving out loans to businesses. [1]
A commercial banks is defined as a bank whose main business is deposit-taking and making loans. This contrasts with an investment bank whose main business is securities underwriting, M&A advisory, asset management and securities trading.
Commercial banks make their profits by taking small, short-term, relatively liquid deposits and transforming these into larger, longer maturity loans. This process of asset transformation generates net income for the commercial bank. Note that many commercial banks do investment banking business although the latter is not considered the main business area.
Example
Examples of commercial banks include HSBC and Bank of America Merill Lynch. [2]
OverviewRecent ChangesYour WatchlistSearch Widget
Definition of commercial bank
This is a financial institution providing services for businesses, organisations and individuals. Services include offering current, deposit and saving accounts as well as giving out loans to businesses. [1]
A commercial banks is defined as a bank whose main business is deposit-taking and making loans. This contrasts with an investment bank whose main business is securities underwriting, M&A advisory, asset management and securities trading.
Commercial banks make their profits by taking small, short-term, relatively liquid deposits and transforming these into larger, longer maturity loans. This process of asset transformation generates net income for the commercial bank. Note that many commercial banks do investment banking business although the latter is not considered the main business area.
Example
Examples of commercial banks include HSBC and Bank of America Merill Lynch. [2]
การแปล กรุณารอสักครู่..