Traditional Culture Encyclopedia - Traditional culture - The main characteristics of commercial bank loans before the 1960s were
The main characteristics of commercial bank loans before the 1960s were
The main characteristics of commercial bank loans before the 1960s were short-term, self-repaying and productive.
The name of commercial bank comes from the business carried out in the early days. Short-term self-paying loans generated on the basis of commercial activities were the main business of early commercial banks. People regarded this kind of business as deposit and loan business for industrial and commercial enterprises and the issuance of short-term loans.
As a bank with its main business, it is called a commercial bank. Its main characteristics are short-term, self-paying and productive.
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