commercial bank Synonyms
No Synonyms and anytonyms found
commercial bank Meaning
commercial bank (n)
a financial institution that accepts demand deposits and makes loans and provides other services for the public
commercial bank Sentence Examples
- A commercial bank is a financial institution that offers a wide range of services to individuals, businesses, and government entities.
- Commercial banks accept deposits from customers and provide loans for various purposes, such as buying a home or starting a business.
- One of the primary functions of a commercial bank is to facilitate the flow of funds within the economy.
- Commercial banks also offer services like checking accounts, savings accounts, and certificates of deposit.
- Customers often choose a commercial bank based on factors such as interest rates, fees, and convenience.
- Commercial banks play a crucial role in providing financial services to communities, helping to spur economic growth and development.
- Many commercial banks have branches located in different regions or countries, allowing them to serve a diverse customer base.
- Commercial banks make money through the interest they charge on loans and the fees they collect for various services.
- The safety and stability of deposits are important considerations for customers when choosing a commercial bank.
- Regulation and supervision by government authorities help ensure the soundness and integrity of commercial banks.
FAQs About the word commercial bank
a financial institution that accepts demand deposits and makes loans and provides other services for the public
No synonyms found.
No antonyms found.
A commercial bank is a financial institution that offers a wide range of services to individuals, businesses, and government entities.
Commercial banks accept deposits from customers and provide loans for various purposes, such as buying a home or starting a business.
One of the primary functions of a commercial bank is to facilitate the flow of funds within the economy.
Commercial banks also offer services like checking accounts, savings accounts, and certificates of deposit.
