Commercial Bank

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Last updated 5:10 PM on 11/3/25
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13 Terms

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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

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pakistan

Habib Bank Limited (HBL), United Bank Limited (UBL)

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international

HSBC

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kinds

Scheduled
Non-Scheduled

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Functions

Receives Deposits
Provides loans
Transfer of money
Credit Creation
Underwriting of Shares
Locker Services
Credit and Debit Card
Agency Services

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receives deposits

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provides loans

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transfer of money

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credit creation

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underwriting of shares

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locker servies

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debit and credit cards

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agency services