What is Commercial Banking

What is Commercial Banking

EU banks hold the largest share of 56% of the total global banking system, survey report of 2008/2009. The UK banking system has witnessed a substantial growth and change in recent years and its total assets have expanded rapidly since 1990. By accepting deposits and then loaning out money, banks are an integral part of the financial system because they essentially create money. UK banks make significant contributions to the economy of UK. It has