Commercial Banks

A commercial bank is a financial

institution that grants loans, accepts
A financial institution is an deposits, and offers basic financial An Investment definition is an asset
organization that deals in a variety of products such as savings accounts acquired or invested in to build
monetary transactions, such as cash and certificates of deposit to wealth and save money from the hard
deposits, loans businesses, as opposed to a retail earned income or appreciation.
bank that provides similar financial
products to individuals.

Loan agency is a term used in capital

In Britain, a building society is a
markets to describe certain types of
business which will lend you money
loan financing, commonly referred to
when you want to buy a house. You
as syndicated or bilateral loans. In
can also invest money in a building
both instances, a company, also
society, where it will earn interest.
referred to as a “borrower”, needs to
Compare savings and loan association
secure financing.
Investment Banks

Loan Agencies
Building Society
 Investment Bank
Commercial Bank
An investment bank is a financial services company
The term commercial bank refers to a financial
that acts as an intermediary in large and complex
institution that accepts deposits, offers checking
financial transactions. An investment bank is usually
account services, makes various loans, and offers basic
involved when a startup company prepares for its
financial products like certificates of deposit (CDs) and
launch of an initial public offering (IPO) and when a
savings accounts to individuals and small businesses.
corporation merges with a competitor.
The two (2) characteristics are :
The two (2) characteristics are :
Lending
High attention to detail
Borrowing
Ability to take direction well

Building Society Loan Agencies

A building society is a financial institution owned by its
members as a mutual organization. Building societies
offer banking and related financial services, especially
savings and mortgage lending.
The two (2) characteristics are :
Provide Banking
Provide Other Financial Services to their members
Loan agency is a term used in capital markets to
describe certain types of loan financing, commonly
referred to as syndicated or bilateral loans. In both
instances, a company, also referred to as a “borrower”,
needs to secure financing.
The two (2) characteristics are :
Security
Interest

Building Societies receive and

Banks are companies usually listed
on the stock market, and hence are
owned by, and run to the benefit of,
their shareholders. Building
societies on the other hand have no
external shareholders. Mortgage
borrowers, savers and current
account holders are 'members'
who vote on decisions that affect
society.
process deposits and withdrawals.
They safeguard your money for
you. Banks also give out loans, but
they are different from loan
companies. Loan companies give
out loans only (they do not
safeguard your money) and will
require you to make repayments
for your loan. Loan companies
usually charge higher interest
rates than banks.

Building societies, like

Loan agencies. Lend you
banks, are deposit-taking Banks and loan agencies
money at A high interest
institutions. The both lend money to
rate. While banks put your
relationship between people.
money in a savings account.
building society and its
You can have it to spend
customer is that of a debtor
When it is needed.
and a creditor.
They both lend
you money to
build.