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Commercial Bank

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About Commercial Bank


A commercial bank is a type of bank that provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.

How Ghana's central bank lost $5bn in one year

How Ghana's central bank lost $5bn in one year
Oct 5,2023 10:01 pm

... It is not a Commercial Bank that has to make a profit, so the loss should not affect its routine operations and as the lender of last resort it can always create its own money...

Sudan crisis: Mediators over a barrel in mission to end fighting

Sudan crisis: Mediators over a barrel in mission to end fighting
May 7,2023 8:50 pm

... With the central bank burned and local Commercial Bank branches closed, some people rely on mobile phone banking services...

SVB and Signature Bank: How bad is US banking crisis and what does it mean?

SVB and Signature Bank: How bad is US banking crisis and what does it mean?
Mar 14,2023 1:10 pm

... SVB and Signature had a different set of customers: SVB catered largely for start-up tech firms, while Signature Bank was a Commercial Bank focusing on corporate customers...

Rishi Sunak accused of wasting £11bn servicing government debt

Rishi Sunak accused of wasting £11bn servicing government debt
Jun 10,2022 2:50 am

... When those investors put the proceeds in Commercial Bank deposits at the Bank, it had to pay interest at its official interest rate...

Fight for payment of UK pensions lost in Yemen warzone

Fight for payment of UK pensions lost in Yemen warzone
Feb 17,2022 4:23 am

... The British Arab Commercial Bank, based in the UK, had been facilitating the payments but notified the National Bank it would be closing its account as the war developed...

RBS slumps to loss after £900m hit from PPI

RBS slumps to loss after £900m hit from PPI
Feb 16,2020 7:27 am

... The core retail and Commercial Bank continues to perform well and we are making good progress against our targets for the year, she said...

Why Starbucks? The brands attacked in Hong Kong

Why Starbucks? The brands attacked in Hong Kong
Feb 16,2020 7:03 am

... of The Shanghai Commercial Bank is not mainland-owned but - despite its name - with its headquarters in Hong Kong...

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