A bank that deals mostly in (but is not limited to) international finance, long-term loans for companies and underwriting.
Let me quickly outline the positive aspects of a merchant bank.
The merchant bank plans to charge 3.42 as its introductory rate of interest.
There is a merchant bank near you and it provides excellent service.
The interest rate on a business loan at the merchant bank is 8.5%.
The merchant bank closed their business without warning.
The company wasn't as established as a merchant bank.
By no means is a merchant bank responsible for informing vendors about its holdings.