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Rating:A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products. "Commercial bank" can also refer to a bank, or a division of a large bank, which more specifically deals with deposit and loan services provided to corporations or large/middle-sized business - as opposed to individual members of the public/small business - Retail banking, or Merchant banks. The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth.
read morePICIC Commercial Bank Limited was a bank based in Pakistan. Pakistan Industrial Credit and Investment Corporation acquired it as Gulf Commercial Bank Limited in early 2001. The bank was renamed as PICIC Commercial Bank Limited. In 2007, the bank and its operations were merged into NIB Bank. PICIC Commercial Bank Limited was incorporated in 1993 as Schön Bank Limited and commenced its business on 4 April 1994, with a paid-up capital of PKR 500 Million.
read moreCommercial Bank of Ceylon PLC is one of the leading commercial banks in Sri Lanka with 250 branches and 625 ATMs. The bank has operations in Bangladesh. It has been rated as the Best Bank in Sri Lanka by "Global Finance" for the 14th consecutive year and also as the Bank of the Year by "The Banker" Magazine on seven occasions.
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