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Commercial Bank |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Commercial Bank A financial institution that provides services such as a accepting deposits and giving business loans. Notes: Commercial banking activites are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients.See also: Investment Bank, Underwriting Commercial bank Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities. |
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? Mentioned in | ? References in periodicals archive | |
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At a time of consolidation in the banking industry, Commercial Bank of New York, a Safdie bank, is bucking the trend and expanding by opening a new full-service branch at 404 Fifth Avenue at 37th Street in Manhattan. Premier Commercial Bank (PCB), a subsidiary of Premier Commercial Bancorp (OTCBB:PCBP), announces the opening of its Irvine deposit/loan production office located at 2201 Dupont Drive, Suite 140, in Irvine, Calif. Ascribes Full Interest in Ping An Bank Through Shenzhen Commercial Bank |
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