Functions of Central Bank
And the other is Mixed Control Cooperative Bank where the cooperative societies as well as individuals can become members. Many might take central and state as the same institution.
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Central banks can provide loans to affiliated primary societies with a tenure of 1 to 3 years.
. State cooperative banks on the. However they are not the same. The Central Bank of The Bahamas was established on 1st June 1974 to carry out the independent monetary policy and financial sector supervisory functions entrusted upon The Bahamas after political independence from Great Britain in 1973.
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