BANKING
1. Commercial Banking
- Caters primarily to businesses, from small enterprises to large corporations.
- Offers services such as business loans, credit lines, cash management, and commercial real estate financing.
- Often provides specialized services like asset management and securities underwriting for corporate clients.
2. Investment Banking
- Deals with capital markets and corporate finance.
- Services include underwriting new debt and equity securities, facilitating mergers and acquisitions, and providing advisory services.
- Helps companies raise capital and manage financial risks.
3. Development Banking
- Focuses on providing long-term capital for economic development projects.
- Examples include banks that finance small industries with modern technology or support export-import businesses.
- Plays a role in promoting industrial growth and infrastructure development.