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Role of commercial banks in a developing economy?

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Role of commercial banks in a developing economy?

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  1. Commercial banks play an important role  in  the economic development of any country  as they play the role of  financial intermediaries. In this position, commercial banks assist in driving  the flow of investment capital throughout the marketplace. The chief mechanism of this capital allocation in the economy is through the lending process which helps commercial banks gauge financial risk.


     

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