| The success of large corporations depends on a | | | | loans, and standby letters of credit and forex |
| variety of factors. Generally proper planning, | | | | facilities. This sector also deals in arranging working |
| foresight, human resources and research are | | | | capital lines, long term debt, acquisition finance, bridge |
| amongst the top most factors contributing to the | | | | financing and some other syndicated services. |
| sustained growth of a company. But in the current | | | | Trade financing: this sector of banking provides very |
| scenario with cut throat competition, changing or | | | | powerful trade services for the efficient movement |
| evolving technology, changes in requirements and | | | | of goods. This includes automated letter of credit |
| needs of people or changes in business practices | | | | system and documentary collection services. |
| means for corporations to survive and maintain their | | | | Commodity financing: this banking sector is |
| position, they need much more than just planning and | | | | considered "the boss" of the industry when it comes |
| execution. | | | | to financing trade flows for some agricultural |
| Corporate banking is one such factor which goes a | | | | products such as grain, cotton, coffee, sugar, cocoa |
| long way in helping the growth of a large corporation. | | | | and a variety of other commodities. Short term and |
| It provides the comprehensive and sophisticated | | | | mid term credit facility is also available on going |
| services that a large company requires in today's | | | | exchange related requirements. |
| business world. | | | | From the corporate banks point of view, it is very |
| Given the huge demand for a proper accountable | | | | essential to form teams to handle requirement of |
| banking service by these large corporations, most | | | | individual companies as personalized services are the |
| top banks of the world have a separate dedicated | | | | pre requisite for handling such operations. Also it goes |
| operation which caters to the needs of companies | | | | well beyond simply providing banking products and |
| that are quite different in requirements and scale as | | | | services to corporations. It involves lot of consulting |
| compared to an average small to medium enterprise. | | | | and one on one interaction as well. Consulting |
| Corporate banking requires a huge knowledge base | | | | services could be required on a range of issues like |
| and experience to service all requirements of | | | | mergers and acquisitions, foreign trade, company |
| commerce and industry. It includes a huge selection | | | | liquidity etc. |
| of commercial and transactional products and | | | | The services requires a team of highly skilled and |
| services. Some of the typical products and services | | | | highly pro active personnel who would be able to |
| include corporate funding or financing, bank | | | | cater to all of the requirements of a corporate client, |
| guarantees, syndication services, foreign exchange | | | | no matter how unique or difficult the requirement |
| services, investments, stocks, derivatives, | | | | may be. Banking personnel should be able to pro |
| comprehensive internet banking facilities etc. | | | | actively find ways in which to complete the request |
| Corporate lending, trade financing and commodity | | | | of the client as it could make a lot of difference to |
| financing are also some important aspect of | | | | the functioning and growth of the client's business |
| corporate banking: | | | | which is anyways the main reason they need |
| Corporate lending: Big varieties of credit products are | | | | specialized corporate banking services. |
| offered which includes revolving credit lines, term | | | | |