Which type of bank primarily focuses on providing financial services to individu

Which type of bank primarily focuses on providing financial services to individuals and small businesses?

Which type of bank primarily focuses on providing financial services to individuals and small businesses?

Step 1: Understand the types of banks. There are different types of banks, such as commercial banks, investment banks, and credit unions.
Step 2: Identify the main purpose of commercial banks. Commercial banks are designed to provide financial services to the general public.
Step 3: Recognize the target customers of commercial banks. They primarily serve individuals and small businesses.
Step 4: Conclude that the type of bank that focuses on individuals and small businesses is the commercial bank.

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