In 2019, net worth represented about 51% of the liabilities and net worth of commercial banks.
A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption.
To distinguish it from a retail bank and an investment bank, it can also refer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm. Public and private sector banks are both considered commercial banks.
Commercial banks' primary responsibility is to offer financial services to individuals and businesses in order to promote social and economic stability and long-term economic growth.
The primary role of commercial banks in this regard is the production of credit.
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