The main purpose of merchant banking is to contribute to the development of

The main purpose of merchant banking is to contribute to the development of ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

industry and commerce

trade and investment

capital market

competitive market

0 1

Best Answer Explained in Below-:

Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant".

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The main purpose of merchant banking is to contribute to the development of ?

The first government of Bangladesh was formed in

Which bank is authorized to operate as representative of Bangladesh Bank for many purposes?

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