Development banks provide capital to companies and organizations when raising money for ventures is difficult, particularly in countries where investment capital tends to be scarce. National development banks provide an important alternative to companies and projects that find it difficult to raise money to finance an endeavor.Know More
These financial institutions in a particular country, thus, solve capital market imperfections that would otherwise undermine the development of a new entity or innovation. Development banks serve a particularly important role in developing and third-world countries where lending is more scarce and finding capital to underwrite financial activity is harder. Development banks lend money for the construction of new buildings and public projects as well as to companies that are seeking outside sources to fund a new venture or business initiative.
The injection of capital from these institutions may well help a firm develop a new digital technology or help it expand into a new market opportunity. Development banks have received some criticism from outside observers for helping some companies that have been poorly managed as well as at times being more focused on political patronage efforts rather than seeking opportunities that benefit the larger societies that they serve.Learn more about Banks
In electrical engineering industries, a capacitor bank is a group of several capacitors connected with one another. These capacitors must be identical and connected in either a parallel or series formation. Capacitor banks are used for different purposes, but usually to correct a fault within the system, such as lag or phase shifts. These banks can also be used simply to increase the energy storage of a system.Full Answer >
As of April 2015, the Bank of the Ozarks is located throughout the states of Arkansas, Texas, Georgia, North Carolina, South Carolina, Florida and Alabama with more than 150 locations. The company's headquarters is in Little Rock, Arkansas.Full Answer >
The Chase Bank Mobile App is free to download. There is no charge to use the app or to receive notifications from the company, but message and data rates from wireless service providers still apply.Full Answer >
Comenity Bank is a bank that provides financing for a number of different credit cards. These cards are generally issued by retail stores, including Victoria's Secret, New York and Company, Virgin America and Woman Within. The company has over 34 million customers via 125 cards, as of April 2015.Full Answer >