What are the types of Commercial Banks?
The types of Commercial Banks are: Retail or Consuming Bank: - It is small to the midsize branch that directly deals with consumer’s transaction rather than corporate or other banks. Corporate or business banking: - Corporate banking deals with cash management, underwriting, financing and issuing of stocks and bonds. Non- traditional Options: - There are many non-banks entities that offer financial services like that of the bank. The entities include credit card companies, credit card report agencies and credit card issuers. Securities and Investment Banking: - Investment banking manages portfolios of financial assets, commodity and currency, corporate finance, fixed income, debt and equity writing etc.
