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commercial bank

   Also found in: Financial, Encyclopedia, Wikipedia 0.03 sec.
commercial bank
n.
A bank whose principal functions are to receive demand deposits and to make short-term loans.

commercial bank
n
(Economics, Accounting & Finance / Banking & Finance) a bank primarily engaged in making short-term loans from funds deposited in current accounts
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.commercial bank - a financial institution that accepts demand deposits and makes loans and provides other services for the publiccommercial bank - a financial institution that accepts demand deposits and makes loans and provides other services for the public
national bank - a commercial bank chartered by the federal government
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
Translations
commercial bank nbanca commerciale


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20 Kyodo Malaysia's central bank announced Friday it has awarded a commercial bank license to Industrial and Commercial Bank of China, the largest commercial bank in China.
The licence for the Industrial and Commercial Bank of China Limited (ICBC) follows the signing of an arrangement between the China Banking regulatory Commission and Bank Negara agreed to in the early part of the year, it said in a statement.
Mark Kaheru, the uganda telecom publicist, explained in a statement over the weekend that the $300m fund was secured from the Industrial and Commercial Bank of China (ICBC).
 
 
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