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A financial institution that provides services related to foreign trade financing, corporate advisory, and underwriting of securities is called a:
  • a)
    Central bank
  • b)
    Merchant bank
  • c)
    Building society
  • d)
    Insurance company
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A financial institution that provides services related to foreign trad...
Merchant banks specialize in services related to foreign trade financing, corporate advisory, and underwriting of securities.
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A financial institution that provides services related to foreign trade financing, corporate advisory, and underwriting of securities is called a:a)Central bankb)Merchant bankc)Building societyd)Insurance companyCorrect answer is option 'B'. Can you explain this answer?
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