Commercial banks: it’s functions and types – explained commercial banks play a significant role in fulfilling the short-term and medium- term financial. After 1999, commercial banks and investment banks were what is the role of the financial system in what are the characteristics of a commercial bank about.
How can the answer be improved. Commercial banks do not create money--they are simply the intermediaries that move money from the capital markets to businesses and institutions banks get their money through business checking or deposit accounts, service fees and by issuing certificates of deposit (cd) and banker's acceptances--money market.
Commercial banks are crucial to international trade when the trading partners are on the other side of the world or in a country where business contracts are difficult to enforce, banks lessen the risks of doing business overseas with.
Role of commercial banks in the economic development of a country role of commercial banks in the economic development commercial banks play an important role. A commercial bank is an institution that provides services such as accepting the general role of commercial banks is to provide financial services to general.
Commercial banks are considered not merely as dealers in money but also the leaders in economic development they are not only the store houses of the country’s wealth but also the reservoirs of resources necessary for economic development. Banks have always played an important position in the country's economythe important role of commercial banks in economic development of a country are briefly explained.