Author: | William A. Scott | ISBN: | 1230001581652 |
Publisher: | GBooks | Publication: | March 7, 2017 |
Imprint: | Language: | English |
Author: | William A. Scott |
ISBN: | 1230001581652 |
Publisher: | GBooks |
Publication: | March 7, 2017 |
Imprint: | |
Language: | English |
Commercial banks rarely confine themselves exclusively to the conduct of exchanges. Most of them also conduct savings departments and invest the funds intrusted to them through such departments in agricultural, industrial, or commercial enterprises or loan them to public corporations. Commercial banking, however, is their main concern, their other departments being side issues of greater or less importance according to circumstances.
Commercial banks rarely confine themselves exclusively to the conduct of exchanges. Most of them also conduct savings departments and invest the funds intrusted to them through such departments in agricultural, industrial, or commercial enterprises or loan them to public corporations. Commercial banking, however, is their main concern, their other departments being side issues of greater or less importance according to circumstances.