Merchant Banking � Meaning, Functions, and Services

Alanmoul0906 Jun, 2023Finance

Merchant banks are private, non-bank financial firms that specialize in providing foreign financing to large enterprises. The banks in question are different from other sorts of financial companies. The vast majority of their products are therefore not intended for the general public. Merchant banks focus primarily on business customers, while they may provide certain banking services to high-net-worth individuals.