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What is Understanding Commercial Banks and Their Functions about?
Commercial banks are the dominant financial institutions in most economies, accounting for the largest share of total financial institution assets. However, their dominance has fluctuated over time due to changes in the regulatory environment. Prior to deregulation in the 1980s, high levels of bank regulation led to the growth of competing financial institutions and diminished the dominance of commercial banks. Today, following deregulation, commercial banks have significantly expanded their off-balance she
- Author
- Heri Lim
- Language
- EN