Review on Silicon Valley Bank by Amos joseph
SVB
Silicon Valley Bank has been recognized by Forbes as one of the best banks in America which boasts of over $75billon in assets with a wide range of investors deposits and investments.
SVB has focused on helping and supporting new start-up business ventures with a support use case for multiple countries and different states around the world SVB have been active for over 35+ years and have been delivering and supporting users from different part of the world.
One of the aims of SVB is to help new startup businesses get good solid financial support in their business there are also expert support services where coaching and training are given to these new startup companies to thrive and succeed in a financial competitive environment.
There are also available interesting service which SVB offers to it customers such as low payment service for making transaction of up to 1% interest rates for a startup business, free deposit using mobile and wire transfer with no monthly transaction fee, there is also a provision of the card used for making a transaction with an extra point for using the card.
In general, SVB has been a solid supporting banking system that is backed by various multi companies which have invested capital to support build and develop new startup ventures to be financially stable in the world it has a wide range of users support for multiple countries in the world for making financial transaction will low fee.
Pros
- Provide support for new startup companies
- It offers global banking services
- It offers low-interest rate up to 1%
- High financial support from multiple industries
Cons
- Limited numbers of branch only 15 US cities
