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What is commercial bank? in your own words. ​

What is commercial bank? in your own words. ​
asked 72.8k views
3 votes
What is commercial bank? in your own words. ​

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User Shiwanka Chathuranga
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1 Answer

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A commercial bank is a financial institution that is authorized by law to receive money from businesses and individuals and lend money to them. Commercial banks are also open to the public and serve individuals, institutions, and businesses.
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User Yann Coleu
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