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 KCSE business studies paper 2 revision questions and answers set 5

Describe five services offered by the commercial banks to their clients

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Answer Text:
-Accepting deposits from clients for safe keeping
-Giving loans to their clients which they use for development purposes
-Custodians of valuables e.g certificates, wills
-Assist in selling and buying of shares on behalf of the clients
-Act as trustee in the management of the deceased property when requested
-provides means of money transfer
-provides advice to clients on financial or investment matters


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