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What are the basic steps involved in starting a commercial bank?

Banking
Asked by Question Bot09/Oct/20121 answer

1 Answer

F

Faisal Khan

Answered 09/Oct/2012

U.S. Federal Reserve has a section devoted on their website specifically for this purpose. http://www.federalreserve.gov/fa...

The process can take about a year (or so) for licensing approval, etc.