BANKING AFFAIRS

Detailed explanation-1: -A merchant bank is a financial institution conducting money market activities and which of the following? Notes: A merchant bank is a financial institution conducting money market activities, lending, underwriting and financial advice and investment service.

Detailed explanation-2: -Merchant banks are banks that conduct fundraising, financial advising and loan services to large corporations. These banks are experts in international trade, which makes them experts in dealing with large corporations and industries.

Detailed explanation-3: -Merchant banks help in processing loan applications for short and long-term credit from financial institutions. They provide these services by estimating total costs involved, developing a financial plan for the entire project, as well as adopting a loan application for commercial lenders.

Detailed explanation-4: -1. A merchant bank is a financial institution conducting money market activities and: a. Lending.