Banks have recognized that they have to solve the liquidity troubles of SMEs which can consequently lead to insolvency under normal circumstances. They have developed the idea of transactional banking, which is generally a banking office where clientele can obtain short-term credit facilities and upon acceptance of the ?umbrella? credit line, can select the product most suitable for them.
For banking, the recourse of products and services is really significant that it reaches levels close to 50% of their operating income. In addition, it has basic recurrence in the banking business.
PUBLICATION DATE: July 04, 2011 PRODUCT #: IES409-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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