objective of merchant banking
A career objective for the banking sector includes helping individuals manage their finances. Another objective could be to gain experience in the banking industry.
Yes, Universal banking is commercial banking itself. However, Universal bank does more than a commercial bank. Universal Bank are what we call the "expanded commercial bank" (EK). Commercial banks are limited to allied banking only whereas a universal bank does allied and non-allied banking transactions.
Acitivity of a bank, besides conducting core banking activities, also undertakes marketing other financial instruments issued by other entities, then such banking activity is known as universal banking.
One of the disadvantages of universal banking is the offering of a large number of products that follow different sets rules and regulations. Since this is done by large banks, it may affect the banking system when it fails. Universal banking may also lead to monopoly and harm the economy of a country.
objective of merchant banking
how is universal banking system operted/
A career objective for the banking sector includes helping individuals manage their finances. Another objective could be to gain experience in the banking industry.
What is the impact of universal banking on nigeria economy
Yes, Universal banking is commercial banking itself. However, Universal bank does more than a commercial bank. Universal Bank are what we call the "expanded commercial bank" (EK). Commercial banks are limited to allied banking only whereas a universal bank does allied and non-allied banking transactions.
There are many things that are objective in questions and answers in banking. One objective answer is that the bank handles a lot of money.
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Acitivity of a bank, besides conducting core banking activities, also undertakes marketing other financial instruments issued by other entities, then such banking activity is known as universal banking.
One of the disadvantages of universal banking is the offering of a large number of products that follow different sets rules and regulations. Since this is done by large banks, it may affect the banking system when it fails. Universal banking may also lead to monopoly and harm the economy of a country.
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The function of universal banking include provision of a wide variety of financial services. It also includes both commercial and investment services.