answersLogoWhite

0

Specialized banks are foreign exchange banks, industrial banks, development banks, export-import banks catering to specific needs of these unique activities. These banks provide financial aid to indutries, heavy turnkey projects and foreign trade.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Is home banking and internet banking and modem banking gives same meaning?

First of all, home banking is under modem banking (It can be also corporate banking). Answering your question - No, it doesn't give same meaning. Modem banking provides access to bank account by using a modem, a computer and specialized software on the client side. Internet banking gives an access through secure website - anywhere you are, you don't have to have any software, as it is is modem B.


How does international banking differ from domestic banking?

There is a difference between international banking and domestic banking. International banking is banking among different countries. Domestic banking is banking among one country.


What is Veracity RBI software and how does it help in the banking industry?

Veracity RBI software is a specialized tool for banks, helping them manage risk and comply with regulations. It analyzes data, generates risk reports, and streamlines compliance processes, enhancing decision-making and overall risk management in the banking industry.


Where do I find banking jobs in Singapore?

There are several reliable venues to enable a search for banking jobs in Singapore. Typical employment search engines are always an excellent source of information. The most detailed and helpful route would be to locate a specialized recruiter who is devoted to that particular field. You can find banking jobs in Singapore at EFinacial Careers site. Finance jobs in the Singapore, financial recruitment & banking careers, financial job vacancies & finance recruitment in the Singapore are found here.


What type of company is Lloyd TSB?

Lloyd TSB is a company specialized in personal banking, finances and bank accounts. One can find information regarding this company on Lloyd TSB's website.


Difference between chain banking group banking?

Difference between chain banking group banking?


Is investment banking part of the Core banking systems?

No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).


What is postal banking?

postal banking is the sysem of banking faster system to develop to the banking process.


What is the meaning of Banking and non banking institutions?

A banking institution is required to have a full banking license and is supervised by a banking regulatory agency. Non-banking is a financial institution that does not have these requirements.


Where is Banco Provincial located?

Banco Provincial became the first universal bank in Venezuela by expanding its business objectives to include activities specialized in banking. Banco Provincial is located in Caracas, Venezuela.


What is the FIG sector in investment banking?

It is termed as Financial Institution Group(FIG).This group basically offers specialized mergers and acquisition advisory services and extension of other financial services to companies


What is net banking and core banking?

Core banking refers to banking services provided by a network of branches. Internet banking is the ability to complete banking transactions from your home using your computer.