By Maryanne Goff
The functions of banks are divided into two that is primary also known as banking and secondary functions. The primary functions carried out by the bank are also the main functions. The primary functions are accepting deposits and issuing out of loans and advances. These roles are looked at in detail below. In Washington dc banks carry out these and many more functions depending on the type of bank one opens an account with.
The first type is retail banking which offer basic services and products to their clients. These are...
