Banks that emphasize lending to commercial customers are labeled:
A)wholesale banks.
B)retail banks.
C)personal banks.
D)non-bank banks.
E)regional banks.

Question

Quizplus · Accepted Answer

Wholesale banks focus on providing financial services to businesses, corporations, and other institutions rather than individual consumers. Lending to commercial customers is a key aspect of their operations.

Banks That Emphasize Lending to Commercial Customers Are Labeled