Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Explain five ways in which commercial banks help in facilitating business activities in a country.

Explain five ways in which commercial banks help in facilitating business activities in a country.

Answers


Judy
1. Providing all types of accounts such as current, saving and fixed deposit account.

2. Provide short term and mid term finance.

3. Providing finance that is not restricted to any sector.

4. Providing foreign exchange facilities.

5. Offering overdraft facilities.
Judiesiz answered the question on December 10, 2017 at 19:39

Answer Attachments

Exams With Marking Schemes

Related Questions