Commercial banks are financial institutions that conduct credit intermediary through deposits, loans, remittances, savings and other businesses. ?

The main business scope is to absorb public deposits, issue loans and discount bills. ?

General commercial banks do not have the right to issue money, and the traditional business of commercial banks is mainly deposits and loans.

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According to the Law of People's Republic of China (PRC) Commercial Bank, China Commercial Bank can engage in the following businesses: absorbing public deposits and issuing loans; Handling domestic and overseas settlement, bill discount and issuance of financial bonds; Acting as an agent to issue, honor and underwrite government bonds and buy and sell government bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Providing letter of credit services and guarantees; Agency payment and insurance agency business, etc. According to the regulations, commercial banks are not allowed to engage in securities business and non-bank financial business other than government bonds. ?

Although the organizational form, name, business content and focus of commercial banks in different countries are different, their main businesses are generally divided into debt business, asset business and off-balance sheet business. With the development of internationalization of banks, these domestic businesses can also be extended to international businesses.

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