Specialized banks - SS2 Commerce Past Questions and Answers - page 1
What is the primary focus of developed banks?
Providing investment banking services
Facilitating financial transactions
Offering specialized financial advice
Which of the following is NOT a function of developed banks?
Accepting deposits
Extending loans
Managing mergers and acquisitions
What do merchant banks primarily specialize in?
Accepting deposits and providing loans
Offering specialized services related to capital raising and corporate restructuring
Providing investment options like mutual funds
Which of the following is a function of merchant banks?
Providing financial advice to individuals
Helping corporations raise capital for expansion
Extending loans to small businesses
What type of clients do developed banks primarily serve?
Individuals and businesses
Individuals and businesses
Individuals and businesses
State one function of developed banks.
State one specialized service provided by merchant banks.