| Banks worldwide are offering more and more new | | | | is low credit card rates and the opportunity to |
| services that help the customer understand and plan | | | | consolidate your other credit card debts. Some rates |
| for their future. The bank or financial institution is nothing | | | | are as low as .99% for the first few months.The new |
| without the customer and finally the customer is | | | | customer service policies that the Banks are |
| reaping some of the rewards. Visitors to can find out | | | | introducing are also much more user friendly, with all |
| about the best financial institutions, choices, options and | | | | information and terms and conditions in multiple |
| the best competitive rates - interest both on loans and | | | | languages and also in basic English. Banking customers |
| term deposits.With healthy scepticism ... surely this is | | | | are finally having a say and a greater understanding as |
| not for the benefit of the customer but really illustrates | | | | to what happens to their well earned money.There are |
| the need for banks to get competitive. The 10 most | | | | several different types of banks - not just your local |
| successful (profitable) banks in the world listed below | | | | one at the end of the high street.Central banks usually |
| show their clear profits for 2003:Citigroup 20 billionBank | | | | control monetary policy and may be the lender of last |
| of America 15 billionHSBC 10 billionRBS 8 billionWells | | | | resort in the event of a crisisInvestment banks |
| Fargo 7 billionJP Morgan Chase 7 billionUnited Bank of | | | | underwrite stock and bond issues and advise on |
| Switzerland (UBS) 6 billionWachovia Bank 5 | | | | mergersMerchant banks engage in trade |
| billionMorgan Stanley 5 billionMerrill Lynch 4 billionSo with | | | | financingPrivate banks manage the assets of "high net |
| money and big business like this Banks are becoming | | | | worth" (rich) individualsSavings banks write mortgages |
| more and more competitive and more and more client | | | | exclusivelyOffshore banks are banks located in |
| focused.New Services include:Flexible and Adaptable | | | | jurisdictions with low taxation and regulationCommercial |
| Home Loans offer competitive interest rates and more | | | | banks are otherwise undistinguishedBanks are now |
| options for first time buyers. Banks rely heavily on the | | | | merging and offering a greater service to the small |
| interest that is made on loans as well as investing our | | | | customer. There are huge advantages to banking now |
| 'banked' money. So it's great to see that the customer | | | | ... but keep abreast with what's going on - what's on |
| is being treated with the financial respect that they | | | | offer and you could save literally thousands of dollars! |
| deserve.Another great service that banks are offering | | | | |