Commercial Bank

Includes firms which regularly receive money from the public in the form of call, notice or time deposits, or invest loan instruments or deposit certificates to use them partially or fully in the granting of loans and advances for their account and on their own responsibility. This also includes firms which issue and receive cheques, introduce public and private loans, trade in foreign currencies or precious metals, open documentary credits, exchange travel cheques , and carry out other banking operations provided for by the Commercial Law or have been established as operations pertaining to commercial banks.

NOC from the central bank, Security Industry Regulatory Corporation