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 current accounts, transfers and card payments. It aims to make a profit mainly by charging borrowers a higher interest rate than the rate paid to depositors.
Step-by-step lessons covering AQA A Level Economics 2.4.2 Commercial banks and investment banks for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.