There are 4 types of of Commercial Banks, which We have shared below:
Retail or Consuming Bank: – It is a small to 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.
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