Last Updated on: 16th February 2021, 02:07 pm
A commercial bank is a financial institution that serves as an intermediary party between the depositor and borrower for the sake of earning the profit. Besides this, the commercial banks follow the guidelines of the central bank and implement the monetary policy.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.