Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Commercial banks and investment banks offer the same services and are very competitive in landing new customers?

true
or
false

Sagot :

abiolataiwo2015

The statement "Commercial banks and investment banks offer the same services and are very competitive in landing new customers" is: False.

What is commercial bank and investment bank?

A commercial bank is a financial institution that enables account holders to carryout transaction such as applying for loans, deposit, withdrawal etc.

While investment bank on the other hand rendered service to investors  corporate and as well deals in buying and selling of bonds.

Commercial bank and investment banks does not provide or rendered the same service.

Inconclusion the statement is false.

Learn more about commercial bank and investment bank here:https://brainly.com/question/15390021

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.