commercial bank
Noun
Meaning
a financial institution that accepts demand deposits and makes loans and provides other services for the public
Source: WordNetSynonyms
Antonyms
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Examples
"At any given auction, a commercial bank and an individual, have the same chance of getting an allocation, provided their bids are priced competitively," reiterated the central bank.
Barclays ushered in the age of formalised commerce by opening the first commercial bank.
IFC, a member of the World Bank Group, is providing a loan of up to $30 million to City Bank, a leading private commercial bank in Bangladesh, to financing small and medium enterprises and corporate companies affected by the Covid-19 pandemic.
In 2004, the largest commercial bank in Albania—then the Savings Bank of Albania—was privatised and sold to Raiffeisen Bank of Austria for US$124 million.
The regulatory ratios, which set a kind of buffer assets kept by a commercial bank in proportion to the size of their balance sheets, are intended to cushion the lenders in times of economic shocks.
On Thursday, S&P Global Inc. downgraded Germany's second-largest commercial bank, Commerzbank AG, to BBB+ from A-, and revised Deutsche Bank's outlook to negative from stable.