Wholesale banking refers to dealing with large corporate customers often-multinational companies, governments, or government enterprises. On the other hand, retail banking refers to the mobilization of deposits mainly from individuals […]
Wholesale banking refers to dealing with large corporate customers often-multinational companies, governments, or government enterprises. On the other hand, retail banking refers to the mobilization of deposits mainly from individuals and lending to small business and in retail loan markets.
Wholesale banks usually deal with small numbers of customers with large valued transaction. They mobilise the funds from and lend funds to the business undertakings. It includes the transactions, which the banks conduct with each other via inter-bank markets separate from customers.
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Wholesale Banking vs. Retail Banking, LDM Risk Management
LD Mahat is a Chartered Accountant, Financial Adviser and Risk Management Specialist possessing over 29 years of diverse experience across several sectors covering a wide spectrum of assurance, business advisory and taxation disciplines. LD is a committed, highly motivated and result-oriented professional, consistently developing and nurturing client relationship and building long-lasting relationships with diverse clients. He has the ability to define issues, propose customized solutions that significantly add value and contribute to client’s success.
LD has got master’s in risk management form New York University, Stern Business School. He has undergone executive education at Harvard Business School and Insead Business School. He was risk management specialist in several Asian Development Bank Funded projects. He has provided risk management advisory services in various Nepalese corporate sectors.
LD has worked on large projects jointly with big 4 international accounting firms ~ PwC, Deloittee, Ernst & Young and KPMG in the field of Assurance, Diagnostic Review, Capacity Building, e-Government Procurement, e-Governance, Special Review, Investment Climate, and IFRS Implementation.