Difference between revisions of "Commercial bank"
Jump to navigation
Jump to search
(New page: A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking f...) |
(Added category and references) |
||
| Line 1: | Line 1: | ||
A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking firms such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities. | A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking firms such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities. | ||
| + | |||
| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
| + | |||
| + | [[Category:Economics]] | ||
Revision as of 01:49, June 22, 2007
A bank that offers a broad range of deposit accounts, including checking, savings, and time deposits, and extends loans to individuals and businesses -- in contrast to investment banking firms such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.