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Definition
A commercial bank is a financial institution that accepts deposits from the public and provides a wide range of banking services
ie; loans
to individuals
pakistan
Habib Bank Limited (HBL), United Bank Limited (UBL)
international
HSBC
kinds
Scheduled
Non-Scheduled
Functions
Receives Deposits
Provides loans
Transfer of money
Credit Creation
Underwriting of Shares
Locker Services
Credit and Debit Card
Agency Services
receives deposits
provides loans
transfer of money
credit creation
underwriting of shares
locker servies
debit and credit cards
agency services