What explains the difference between retail and commercial banking?

- Commercial banks loan money to small businesses, while retail banks loan money to large corporations.

- Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

- Commercial banks help small businesses make capital purchases, while retail banks help big businesses invest.

- Retail banks help big businesses make capital purchases, while commercial banks help consumers invest.

Question

15-06-2022
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What explains the difference between retail and commercial banking?

- Commercial banks loan money to small businesses, while retail banks loan money to large corporations.

- Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

- Commercial banks help small businesses make capital purchases, while retail banks help big businesses invest.

- Retail banks help big businesses make capital purchases, while commercial banks help consumers invest.

Respuesta :

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vtalishathapar vtalishathapar · Answer 1 · 2022-06-18T11:03:30+02:00

Retail banks provide bank loans to small businesses, while commercial banks provide loans to large corporations under guidelines provided by the central bank.

What are Commercial Banks and Retail Banks?

Commercial banks make money by providing and earning interest on loans such as mortgages, business loans, etc.

Retail banking is also known as consumer banking and it involves the provision of services by the bank to the general public.

The basic difference between retail and commercial banking is that retail banks provide loan amounts to small businesses, whereas commercial banks provide loans to large corporations.

Thus, retail banks provide bank loans to small businesses, while commercial banks provide loans to large corporations

Learn more about Retail and Commercial Banking here:

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ssamantha1818 ssamantha1818 · Answer 2 · 2022-06-30T23:36:06+02:00

ssamantha1818 ssamantha1818

30-06-2022

Answer: B - Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

Explanation: Edge

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