Features of Branch Banking

The characteristics or features of a branch bank are given as follows:

1. Central Office: In branch banking system there is a central office which controls the branches.
2. Branch office: There may be branches in countrywide or in abroad. The number of branches is depending on the ability and principles of the bank.
3. Ownership: Generally such types of banks are owned by govt. or non govt. companies.
4. Capital: Generally its capital is too high. Now the scheduled bank has to maintain 100 crore taka as paid up capital.