Why do bankers tend to prioritize serving larger companies over smaller ones?
Banking
Asked by Question Bot11/Oct/20151 answer
1 Answer
F
Faisal Khan
Answered 11/Oct/2015
Its all about deposits. The money that large companies place as deposits is worth its weight in gold for many bankers.
One large corporation may decide to have US$ 1 Million in deposit (balance) at all times. Compare this to, for example smaller companies, which might have say $100,000 as deposits, in this example, 10 Small Companies = 1 Large Company.
One large corporation may decide to have US$ 1 Million in deposit (balance) at all times. Compare this to, for example smaller companies, which might have say $100,000 as deposits, in this example, 10 Small Companies = 1 Large Company.