Commercial banks accept deposits, offer checking and savings accounts, and provide loans to individuals and small businesses. There are many commercial banks in a country that can be either public or private. Central banks manage a country's currency supply and oversee monetary policy, with only one central bank per country that is always public. Central banks are the source of money in the financial system through controlling currency levels and commercial bank reserves.
Commercial banks accept deposits, offer checking and savings accounts, and provide loans to individuals and small businesses. There are many commercial banks in a country that can be either public or private. Central banks manage a country's currency supply and oversee monetary policy, with only one central bank per country that is always public. Central banks are the source of money in the financial system through controlling currency levels and commercial bank reserves.
Commercial banks accept deposits, offer checking and savings accounts, and provide loans to individuals and small businesses. There are many commercial banks in a country that can be either public or private. Central banks manage a country's currency supply and oversee monetary policy, with only one central bank per country that is always public. Central banks are the source of money in the financial system through controlling currency levels and commercial bank reserves.
They are banks that manage the deposits, offers checks, offers currency of a country/countries and loans and saving accounts for the supply of the currency individuals and small businesses
Commercial banks can be Central banks are
either public or private completely public
There are a variety There is only one Central
of commercial banks bank per country
Commercial banks get their supply by
providing and earning interest from The Central bank is the loans such as mortgages, auto loans, business loans, and personal loans source of the money supply