Noun
a financial institution that accepts demand deposits and makes loans and provides other services for the public
Source: WordNet"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. Source: Internet
Barclays ushered in the age of formalised commerce by opening the first commercial bank. Source: Internet
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. Source: Internet
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. Source: Internet
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. Source: Internet
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. Source: Internet