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Functions of Development banks

Answer Text:
Functions of Development banks.
Definition:
-are formed by the government or joint countries to finance and promote commercial and industrial development activities.
Functions:
-help to mobilize long term savings for investment.
-provide investment opportunities.(finance business)
-provide education on investments to the investors in industry and business.
-they guarantee loans from external sources.
-they finance the setting up of industrial and commercial businesses.
-provide funds to public limited companies by investing in their shares.