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Economy

What are the four main activities of commercial banks?

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What are the four main activities of commercial banks?

What are the four main activities of commercial banks?

 The four main activities of commercial banks are as follows

  1. Give credit.
  2. Issue a promissory note.
  3. Collect funds from the public in the form of demand deposits, time deposits, certificates of deposit, savings, and other forms.
  4. Buying, selling, or guaranteeing at its own risk or for the customer’s benefit and at the customer’s behest.

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