Merchant banking is a type of financial institution that offers various services to businesses, such as underwriting, mergers and acquisitions advice, and asset management. It is separate from commercial or retail banks and provides specialized financial services to clients. These services may include investment banking, corporate finance, asset management, credit facilities, and risk management.
Merchant banks offer a variety of financial services such as portfolio management, fundraising assistance, promotional activities, loan syndication, and leasing services. They provide investment advice to investors, help businesses raise funds, assist in promotional activities, facilitate credit raising, and offer leasing services to their clients. Overall, merchant banking plays a significant role in supporting new businesses and contributing to the growth of the economy.