COMMERCIAL BANK

financial institution which holds its customers money and provides loans and other bank services

A commercial bank is a type of financial intermediary and a type of bank. Commercial bank has two possible meanings:Commercial bank is the term used for a normal bank to distinguish it from an investment bank. This is what people normally call a "bank". The term "commercial" was used to distinguish it from an investment bank. Since the two types of banks no longer have to be separate companies, some have used the term "commercial bank" to refer to banks which focus mainly on companies. In some English-speaking countries outside North America, the term "trading bank" was and is used to denote a commercial bank. After the great depression and the stock market crash of 1929, the U.S. Congress passed the Glass-Steagal Act 1930 (Khambata 1996) requiring that commercial banks only engage in banking activities (accepting deposits and making loans, as well as other fee based services), whereas investment banks were limited to capital markets activities. This separation is no longer mandatory.It raises funds by collecting deposits from businesses and consumers via checkable deposits, savings deposits, and time (or term) deposits. It makes loans to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits and primary assets are loans and bonds.
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Noun
1. a financial institution that accepts demand deposits and makes loans and provides other services for the public
(synonym) full service bank
(hypernym) depository financial institution, bank, banking concern, banking company
(hyponym) national bank

BANCA COMMERCIALE. AZIENDA DI CREDITO

Eng: commercial bank
Urdu: تجارتی بنک ۔ کَمَرشَل بینک ۔ تِجارتی بینک ۔