The main business of the central bank includes currency issuance, centralized deposit reserve, loans, rediscount, securities, gold and foreign exchange, and fund transfer and liquidation for commercial banks and other financial institutions. The main businesses operated by commercial banks are generally divided into liability business, asset business and off-balance-sheet business. With the development of internationalization of banks, these domestic businesses can also be extended to international businesses.

2. Different functions.

The functions of the central bank are mainly to formulate and implement monetary policies and to lead, manage and supervise the activities of financial institutions. It is a "bank that manages financial activities" and has other functions. The functions of commercial banks are mainly economic adjustment, credit creation, credit intermediary and payment intermediary.

3. The purpose is different.

The central bank is not for profit; Commercial banks aim at making profits. The People's Bank of China is a bank, and commercial banks are enterprises that deposit and apply for loans from the People's Bank of China. The main source of funds for commercial banks is deposits, and they can also apply for loans from the People's Bank of China, that is, the People's Bank of China provides funds to commercial banks through loans.

The content of this article comes from: China Law Publishing House "General Knowledge Series of Legal Life"