Economics A-Level
Universal bank
What Universal bank means in Economics A-Level, as defined for AQA.
Definition of Universal bank
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Reference: AQA
An institution conducting both commercial banking activities, such as taking retail deposits and lending to households, and investment banking activities.
Topics that use Universal bank
- Commercial banks and investment banks (AQA A-Level)
Related terms
- Commercial banks
- Credit creation
- Financial intermediation
- Financial markets
- Investment banks
- Liquidity
- Liquidity vs Profitability
- Market participants
Using Universal bank in the exam
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