commercial bank (Meaning)

Wordnet

commercial bank (n)

a financial institution that accepts demand deposits and makes loans and provides other services for the public

No Synonyms and anytonyms 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.
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.

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.