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Explain five ways in which commercial banks help in facilitating business activities in a country.

      

Explain five ways in which commercial banks help in facilitating business activities in a country.

  

Answers


Judy
1. Providing all types of accounts such as current, saving and fixed deposit account.

2. Provide short term and mid term finance.

3. Providing finance that is not restricted to any sector.

4. Providing foreign exchange facilities.

5. Offering overdraft facilities.
Judiesiz answered the question on December 10, 2017 at 19:39


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