Commercial bank

From ACT Wiki
Revision as of 22:10, 9 August 2021 by imported>Doug Williamson (Add link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

The core business of commercial banks was traditionally the taking of deposits and making of loans, although most commercial banks now offer a broader spread of customer services including for example foreign exchange and asset finance.

In simple terms, commercial banking would include deposit taking and lending, contrasted with investment banking, which includes securities trading, proprietary trading and advisory services.

See also