A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institutions:
- Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
- Contractual institutions – insurance companies and pension funds
- Investment institutions – investment banks, underwriters, and other different types of financial entities managing investments.
Japan Post was a Japanese statutory corporation that existed from 2003 to 2007, offering postal and package delivery services, banking services, and life insurance. It's the nation's largest employer, with over 400,000 employees, and runs 24,700 post offices throughout Japan. One third of all Japanese government employees work for Japan Post. As of 2005, the President of the company was Masaharu Ikuta, formerly Chairman of Mitsui O.S.K. Lines Ltd.
Post Office Limited is a retail post office company in the United Kingdom that provides a wide range of products including postage stamps and banking to the public through its nationwide network of post office branches. It directly manages almost 200 of the more than 10,000 post office branches.
Banco do Brasil S.A. is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on Wednesday, 12 October 1808. It is the second largest banking institution in Brazil, as well as the second largest in Latin America, and the seventieth largest bank in the world. Banco do Brasil is controlled by the Brazilian government and is listed at the B3 stock exchange in São Paulo.
President's Choice Financial, commonly shortened to PC Financial, is the financial service brand of the Canadian supermarket chain Loblaw Companies.
Postal savings systems provide depositors who do not have access to banks a safe and convenient method to save money. Many nations have operated banking systems involving post offices to promote saving money among the poor.
India Post is a government-operated postal system in India, part of the Department of Post under the Ministry of Communications. Generally known as the Post Office, it is the most widely distributed postal system in the world. Warren Hastings had taken initiative under East India Company to start the Postal Service in the country in 1766. It was initially established under the name "Company Mail". It was later modified into a service under the Crown in 1854 by Lord Dalhousie. Dalhousie introduced uniform postage rates and helped to pass the India Post Office Act 1854 which significantly improved upon 1837 Post Office act which had introduced regular post offices in India. It created the position Director General of Post for the whole country.
Poste Italiane is the Italian postal service provider. Besides providing postal services, Italian Post Group offers communications, postal savings products, logistics, and financial and insurance services throughout Italy.
Postbank N.V. was a large Dutch bank, which went on to become part of ING Group. It had 7.5 million private account holders and was one of the largest providers of financial services in the country. It provided current and savings accounts, loans, mortgages, insurance, investments and pensions. As opposed to other banks, it had no branches but operated completely through land mail, telephone and online banking, although some operations have traditionally been available through post offices.
La Poste is a postal service company in France, operating in Metropolitan France, the five French overseas departments and regions and the overseas collectivity of Saint Pierre and Miquelon. Under bilateral agreements, La Poste also has responsibility for mail services in Monaco through La Poste Monaco and in Andorra alongside the Spanish company Correos.
Japan Post Bank Co., Ltd., is a Japanese bank headquartered in Tokyo. It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake.
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
PosteMobile is an Italian telecommunications company owned by Italian Post, which operates in the mobile telephony sector as Mobile Virtual Network Operator on the Wind network and, since 2017, it also offers fixed-line telephony and Internet services.
Corrado Passera is an Italian manager and banker who has held numerous executive-level positions in various industrial and financial sectors and served as minister of economic development and infrastructure and transport in the Mario Monti Cabinet. He is a member of Spencer Stuart's Industrial Chain practices.
A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners. It is an enterprise under government control. Prominent among current public banking models are the Bank of North Dakota, the Sparkassen-Finanzgruppe in Germany, and many nations’ postal bank systems.
LienVietPostBank is a Vietnamese retail bank based in Hanoi.
India Post Payments Bank, abbreviated as IPPB, is a division of India Post which is under the ownership of the Department of Post, a department under Ministry of Communications of the Government of India. Opened in 2018, as of January 2022, the bank has more than 6 crore customers.
Post Office Money is a financial services brand operated by Post Office Ltd which provides credit cards, current accounts, insurance products, mortgages and personal loans to customers in the United Kingdom through Post Office branches, the internet and telephone.
Banca del Mezzogiorno – MedioCredito Centrale S.p.A. (BdM-MCC) is an Italian bank based in Rome, Lazio region. The bank is entirely controlled by Invitalia S.p.A., which in turn is owned by the Ministry of Economy. The bank was specialized in medium-term loan to companies, which developed into corporate and investment banking, and currently specialized in public sector, such as one of the manager of Fondo di Garanzia per le Piccole e Medie Imprese of the Ministry of Economic Development, and European Union's Joint European Resources for Micro to Medium Enterprises Calabria Fund. The bank lend medium-term loan from the fund to SMEs for Italian government and the European Union.
