A commercial bank (or business bank) is a type of financial institution and intermediary. It is a bank that lends money and provides transactional, savings, and money market accounts and that accepts time deposit.
Read more about Commercial Bank: Origin of The Word, The Role of Commercial Banks, REFERENCES
Famous quotes containing the words commercial and/or bank:
“From a commercial point of view, if Christmas did not exist it would be necessary to invent it.”
—Katharine Whitehorn (b. 1926)
“What’s breaking into a bank compared with founding a bank?”
—Bertolt Brecht (1898–1956)