Cryptocurrency Q&A What is the difference between a bank and a CRE?

What is the difference between a bank and a CRE?

TopazRider Mon Sep 16 2024 | 7 answers 1481

Can you clarify the acronym "CRE" for me? Assuming it refers to a certain financial entity, how does it differ from a traditional bank? Does it offer similar services like savings accounts, loans, and investment options? Or does it specialize in a different area of finance, perhaps catering to a niche market or providing innovative financial products? Additionally, how are its regulations, operational models, and risk management strategies distinct from those of a conventional bank? What is the difference between a bank and a CRE?

What is the difference between a bank and a CRE?

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