Spec 9708
Revise CIE Intl A Level Economics 9.4.4 functions of commercial banks with the lessons, revision guides, and flashcards.
functions of commercial banks: • providing deposit accounts (demand deposit account, savings account) • lending money (overdrafts, loans) • holding or providing cash, securities, loans, deposits, equity • reserve ratio and capital ratio • objectives of commercial banks: liquidity, security, profitability