Investment banking and commercial banking can both be promising careers, with some key differences.
Commercial banking involves services designed primarily for businesses: business accounts, loans, and letters of credit, payment processing, and more.
ADVERTISEMENTS: Commercial Bank: Definition, Function, Credit Creation and Significances! Meaning of Commercial Banks: A commercial bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning...
A commercial bank is a financial institution that accepts deposits, offers checking and savings account services, and makes loans.