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Commercial Bank |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.04 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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has appointed Greg Foster as assistant vice president in the Southern California commercial banking division. will open a commercial banking center downtown, helping the San Marino-based bank expand its financial services to Asian business and commercial clients. The move is part of Ping An Group's strategy to unify branding identities of its commercial banking operations. |
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Commercial banking
