1. Central banks: A central bank functions as a top controlling bank for all other banks of the country. It functions as controller of credit, bankers’ bank and enjoys the monopoly of issuing currency notes on behalf of the government. In our country Bangladesh bank enjoys these privileges.
2. Commercial banks: A commercial bank is essentially meant for providing short-term credit to trade and industry. In our country the role of commercial banks has undergone a revolutionary change. They are now providing credit in an increasing measure to agriculture, small scale industries and other weaker sections of the economy like small business, retail trade etc. There are about fifty commercial banks at the moment in Bangladesh.
2. Commercial banks: A commercial bank is essentially meant for providing short-term credit to trade and industry. In our country the role of commercial banks has undergone a revolutionary change. They are now providing credit in an increasing measure to agriculture, small scale industries and other weaker sections of the economy like small business, retail trade etc. There are about fifty commercial banks at the moment in Bangladesh.