Banks
Bank is a financial institution that provides banking services; mainly accepting deposits and offering loans. Other bank services include money transfer, check cashiers, issuance of debit and credit cards, project financing, providing safe deposit box for valuables. Essentially, banks are established to earn profits from the fees collected on the financial services they offer and the interest rates from loans.
The Seoul Citi Bank
There are numerous types of banks that cater individual needs. Savings banks are for savings deposits and mortgages. Then, commercial banks are tailored for businesses and corporations. Investment banks deal with corporations for bonds and stocks. Other types of banks are merchant banks, central banks, universal banks, and offshore banks.
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