Deposit accounts, commercial banks (per 1,000 adults)
Deposit accounts are accounts at commercial banks that allow money to be deposited and withdrawn by the account holder. The major types of deposits are checking accounts, savings accounts, and time deposits. Commercial banks are banks with a full banking license. In some countries, the term "universal banks" or other terms may be used. Majority government- and state-owned banks are included in this category to the extent that they perform a broad set of retail banking functions and are regulated and supervised in the same manner as privately owned banks.
Deposit accounts are accounts at commercial banks that allow money to be deposited and withdrawn by the account holder. The major types of deposits are checking accounts, savings accounts, and time deposits.