Economics A Level (DONEEEEEEE): What are the Roles of Commercial Banks? (NatWest, TSB..)

Question

What are the Roles of Commercial Banks? (NatWest, TSB..)

eric_galvao · Accepted Answer

-Accept Savings
-Lend to Individuals and Firms
-Be a Financial Intermediaries (Move Funds from Lenders to Borrowers)
-Allow Payments from one Person to another
-Offer Financial Advice and Insurance.

Economics A Level (DONEEEEEEE)

What are the Roles of Commercial Banks? (NatWest, TSB..)

-Accept Savings -Lend to Individuals and Firms -Be a Financial Intermediaries (Move Funds from Lenders to Borrowers) -Allow Payments from one Person to another -Offer Financial Advice and Insurance.

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