A financial institution established for the purpose of providing specialzed services like acceptance of bills of exchange and equipment leasing is known as

Myschool Amos

10 years ago

Thanks for your contributions, the question has been modified

dosmay

10 years ago

It's merchant bank

hardeife

10 years ago

Merchant bank

hencos plus

10 years ago

Is merchant bank please, development bank only give long-term loan for development, while merchant gives short, medium & long term loan, accepts deposits, Bill and deals on stock.

Drake6god

10 years ago

Wrong answer. It is merchant bank and not development bank.