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Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts

Classification of bank on the basis of non-banking financial institutions

There are various kinds of non-bank financial institutions operating in Bangladesh. The leading of those banks are as follows-
1. Merchant banking companies: Merchant banking companies help business house or the government corporation in raising capital from the open market through share capital, debenture, and long-term deposits. They act as middlemen between businessman and the investors. They underwrite issue of share and provide consultancy services to the clients. In Bangladesh, separate merchant banking companies are yet to seen. These jobs are partly done by some of the commercial banks. Some leasing companies also do merchant banking.