What Commercial Banks Do
What Commercial Banks Do
A commercial bank accepts deposits from households and firms, makes loans, and provides payment services such as transfers, debit cards and standing orders. It aims to earn profit, mainly by charging borrowers a higher interest rate than it pays to depositors.
Step-by-step lessons on AQA A Level Economics 2.4.2 Commercial banks and investment banks. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.