Preview

Commercial Bank

Better Essays
Open Document
Open Document
2077 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Commercial Bank
Commercial banking activity
BLF is an old established leading bank in Corporate Banking and an active professional provider of quality services to the Lebanese and regional markets. Our specialized team covers all segments of the business and is fully dedicated and committed to present our clients with needed advisory and adapted solutions to their requirements.

Commercial banking activities are carried out through two main commercial divisions: the small and middle market banking division and the corporate banking division: * the small and middle market banking division covers small or medium-sized businesses, with a credit exposure of up to USD 1.5 million and / or an annual turnover of less than USD 10 million. * the corporate banking division covers largest clients in terms of sales turnover or facilities extended. Corporate clients are currently defined as those with a sales turnover exceeding USD 10 million and / or whose banking facilities at the bank exceed USD 1.5 million.

Corporate division is divided into five units focusing on different economic sectors: the general trading and food retail unit, the general contracting and real estate unit, the international trading, services and insurance unit, the industries unit; and the syndicated, subsidized and special loans unit. In addition to the primary products and services, the small and middle market banking division and the corporate banking division provide advisory services. Such advisory services include, among others, the promotion of a wide array of financing programs such as Kafalat subsidized loans, Central Bank of Lebanon subsidized loans, Arab Trade Financing Program borrowings and European Investment Bank credit products. Through these services we aim to reduce the financing costs to our customers and afford them with easier access to export markets, thereby developing sustained customer relationships.

Some of the major activities/services provided by banks are:
a.

You May Also Find These Documents Helpful

  • Better Essays

    The Banking Group assisted in clients in raising capital through the issuance of debt and equity securities in the public and private markets. It was believed to have a competitive advantage focusing on 17 sectors in the industry. The Merchant Banking group…

    • 2354 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Capital One Case

    • 553 Words
    • 2 Pages

    The Company operates in Credit Card, Commercial Banking and Consumer Banking segments. It issues credit cards, loans, banking and savings products, while determining rates to charge, and which customers are risky.…

    • 553 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Commerce Bank

    • 2077 Words
    • 9 Pages

    I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.…

    • 2077 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Bank of America Paper

    • 168 Words
    • 1 Page

    Bank of America is one of the biosphere's major monetary establishments, attending single customers, minor businesses, middle-market businesses and enormous businesses with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 49 million consumer and small business relationships with approximately 5,000 retail banking offices and approximately 16,000 ATMs and award-winning online banking with 30 million active users and more than 15 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.…

    • 168 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    To be the best bank in the world, BofA is serving patrons in 150 countries with operations based in 40 countries. In the United Stated alone BofA has 57 million clients and small business partners. To remain on top of the company’s game the…

    • 909 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Econ1102

    • 470 Words
    • 2 Pages

    Investment banks and merchant banks – focus on provision of advisory service to corporate and government clients.…

    • 470 Words
    • 2 Pages
    Good Essays
  • Good Essays

    As for corporate clients, although they are large portion of banking, they face very high switching cost in certain aspects especially mega project funding by large bank. It is extremely difficult for them to find another bank to approve the same huge amount of money.…

    • 872 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Commerce Bank

    • 2771 Words
    • 12 Pages

    Commerce Bank was founded in 1973 by Vernon Hill II who took his experience in operating fast-food restaurants and applied it to banking. He decided to call his branches "stores" and developed a business model focused on maximizing customer convenience and delivering consistently great customer experiences.…

    • 2771 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Societe Generale Scandal

    • 343 Words
    • 2 Pages

    Societe Generale is a French bank founded in 1864 by a group of manufacturers and financiers. This bank was designed to encourage the growth of trade and industry in France. Its headquarters are in Paris and Nanterre, France. Currently Societe Generale has three main divisions that they focus on- these include:…

    • 343 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Porters Five Forces

    • 469 Words
    • 2 Pages

    2. Secondary banking services: unsecured and secured loans to personal and SME customers, including credit cards and mortgages.…

    • 469 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Bank

    • 1033 Words
    • 5 Pages

    Kentucky Derby. On the first Saturday in May, the granddaddy of horse race – the Kentucky Derby is run at Churchill Downs in Louisville, Kentucky Derby. The amount of money bet, in millions of dollars, on this race for the file named DERBY5 on the CD.…

    • 1033 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Commercial Banks offers the same types of products and services. It raises funds by collecting deposits from businesses and consumers via checkable deposits, savings deposits, and time (or term) deposits. It makes loans to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits and primary assets are loans and bonds. They should have a competitive advantage and be distinguish to one bank from another. That is through their employee. The employee makes company grow. “In a global marketplace driven by ideas where information freely flows, brainpower remains the source of competitive advantage” (Kaye, Jordan-Evans & Career Systems International, 2002, p. 4).[1]…

    • 7323 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Bank customers can be ultimately divided into two large groups; individuals and business customers. Each group can be subdivided into smaller segments; individuals can be subcategorised geographically (local and foreign customers), and most commonly demographically; whereas potential business customers can be segmented based on origination type, size, and location.…

    • 455 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Motivation in Kazkom Bank

    • 7210 Words
    • 29 Pages

    To get working experience in a big multinational company or financial institution in order to have good career opportunities.…

    • 7210 Words
    • 29 Pages
    Powerful Essays
  • Better Essays

    Banks are very old form of financial institution that channel excess funds from surplus unit to deficit unit in consideration of a price called Interest. Banking business definitely established on a relationship of Debtor-Creditor between the surplus unit called depositors and the bank and between the deficit unit called borrowers and the bank. Here, opportunity cost of money works as interest is considered the price of the credit. For the development of an economy, bank furnishes a huge contribution and modern economy cannot be imagined without the services of bank. Economic development of a country requires a well organized, smooth, easy to reach and efficient saving-investment process. The function of a single bank is not limited to its geographical region only rather it has reached beyond the border of the country. So, banking business has been shaped as global business and the rest other business greatly depends on the strength of banking business performance.…

    • 2096 Words
    • 9 Pages
    Better Essays

Related Topics