What explains the difference between retail and commercial banking

Asked by maham237 @ 29/12/2020 in Business viewed by 490 People

What explains the difference between retail and commercial banking?
A) Commercial banks loan money to small businesses, while retail banks loan money to large corporations.

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

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

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

Answered by maham237 @ 29/12/2020

Answer:

(B) Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

Explanation:

Retail banking is related to banking on individual level such as savings and checking accounts, mortgages, personal loans, debit/credit cards and certificates of deposit (CDs). On the other hand commercial banking is the banking on bigger level such as a company or a higher organization. They perform roles as various types of deposits from public especially from its clients. In other words we can say that retail banking is the sub category of commercial banking.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2735 persons

What explains the difference between retail and commercial banking

Answer:

Explanation:

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