start: 14/07/2024 12:08:04.014
end: 14/07/2024 12:08:04.028
14ms
mof_content/internet/The Government/Government/zzzzTop Left Nav
Top Left Nav
start: 14/07/2024 12:08:04.029
end: 14/07/2024 12:08:04.030
1ms
PT Not found or content rendering problem
mof_content/internet/The Government/Government/Gov Home Left Nav
Gov Home Left Nav
start: 14/07/2024 12:08:04.030
end: 14/07/2024 12:08:04.040
10ms
Commercial Banking
A commercial bank is a bank whose main functions are to accept demand deposits and to make short-term loans, chiefly to business firms, thereby facilitating the transfer of funds in the economy. In addition, commercial banks make many other kinds of loans to private individuals, firms, government agencies or to the Government itself. They also issue time and savings deposits and operate trust departments.
Though commercial banks do not issue currency, they do issue money in the form of demand deposits, hence they have the power of creating and destroying money.
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 12:08:04.040
end: 14/07/2024 12:08:04.079
39ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 12:08:04.079
end: 14/07/2024 12:08:04.088
9ms
mof_content/internet/The Government/Government/Business and Finance/Banking/Commercial Banking/Commercial Banking
Commercial Banking
start: 14/07/2024 12:08:04.088
end: 14/07/2024 12:08:04.089
1ms