Role Of Commercial Banks In Economic Development. What Is Commercial Bank? A commercial bank is something with which every one of us is well known. However different bankers and economists have defined it in a different way: Role Of Commercial Banks In Economic Development According to Kent, “An organization whose principal operations are concerned with the accumulation of the … [Read more...] about Role Of Commercial Banks In Economic Development
Banking
Meaning and Types of Investment Companies
Meaning and Types of Investment Companies. Investment companies are financial institutions obtaining money from individual investors and use it to purchase financial assets like stocks, bonds, etc. from the financial markets. In turn, investors receive certain rights regarding the financial assets that the investment company has bought and the earnings that the company may … [Read more...] about Meaning and Types of Investment Companies
Functions of Investment Banker
Functions of Investment Banker: An investment banker is defined as a firm or a financial intermediary specializing in the sale of new securities to public investors. For doing so an investment banker performs a wide variety of functions. Functions of Investment Banker Photo Credit The typical functions done by an investment banker are, however, summarized … [Read more...] about Functions of Investment Banker