Banks - Merchant & Investment
Merchant banks carry out international financing activities that include corporate funding, foreign real estate investment, trade finance and facilities for international transactions. Merchant banks also issue letters of credit (LCs) that help facilitate business financing. Merchant banks also carry out trade financing and provide investments for trading projects.Investment banks generate funds for raise funds for investment in businesses and in government projects by issuing debt or equity and selling it in the market. Investment banks also help and carry out major mergers and acquisitions of companies through the sale of their shares and provide financial consultancy advice to companies.