What is the commercial bank?

2 This type of bank does not have retail offices where the customer can open up or check an account. It is sometimes said that it is a wholesale bank , or in the business of wholesale banking, because these banks tend to deal with other banks of the same kind and also with large financial institutions.

The best known role of commercial bank is to subscribe shares. A large company that wishes to raise money from investors in the stock market can hire this type of bank to implement and subscribe to this process. The bank determines the number of shares to be issued, the price for which the shares will be issued and the timing of the issue. He then gives all the required paperwork with different market authorities and is also often responsible for marketing new shares, although this may be a joint effort of WSPYY and managed by a business bank. Several banks can cooperate for very large shares, one is the main subscriber.

by limiting theirSahu on the needs of large companies can focus on these banks and be a special use for these clients. Some specialize in one area such as subscription or international finance.

Many of the largest banks have retail and business divisions. Divisions are generally very independent entities, because there is little similarity between retail banking and what is happening in a commercial bank. Although the lives of most people are probably in some way influenced by decisions made in this type of bank, many people probably never visit or act directly with one. They usually work behind the scenes and far from the center of attention.