Cash Management Perfomance
CHAPTER ONE
INTRODUCTION
1. Background of the Study
For having sufficient amount of capital, cash is the most important source of every aspect of investment. To improve the performance of the business as well as to introduce new business opportunity in the organization cash is very important. Since cash is the most powerful working capital component, the collection and payment of cash must be studied carefully.
Therefore, this project tries to show how cash is controlled and managed by taking United Bank S.Co. as a representative from the real world practice. United Bank S.Co. is a service giving organization. Its main activities are Commercial banking activities, encourage mobilization of savings, and encourage international banking activities-which is import & export, and provides loans & advances to the economic sectors.
United Bank S.Co. operates and mange’s it cash in many ways. United Bank S.Co. collects cash form it's customers in many ways and documents used for collections and also sources for cash are discussed. Cash management is very important factor in United Bank S.Co. because it mobilize so much amount of cash. Therefore, so as to achieve their organizational goal cash management is very much essential.
2. Statement of the Problem.
Mobilization of financial resource arises from the fact that the amount of financial resources for the purpose of productive investment is very low. In order to relieve financial constraints an investment; financial intermediaries are expected to play a decisive role in bringing about efficient ways of raising the required level of funds through the application of proper financial management system.
Now a days, in every developing countries the issue of economic development is the problem of managing scarce resources especially managing cash in an effective and efficient way for bringing a better economic growth of a country.
As it is known cash is the most important factor in banking
INTRODUCTION
1. Background of the Study
For having sufficient amount of capital, cash is the most important source of every aspect of investment. To improve the performance of the business as well as to introduce new business opportunity in the organization cash is very important. Since cash is the most powerful working capital component, the collection and payment of cash must be studied carefully.
Therefore, this project tries to show how cash is controlled and managed by taking United Bank S.Co. as a representative from the real world practice. United Bank S.Co. is a service giving organization. Its main activities are Commercial banking activities, encourage mobilization of savings, and encourage international banking activities-which is import & export, and provides loans & advances to the economic sectors.
United Bank S.Co. operates and mange’s it cash in many ways. United Bank S.Co. collects cash form it's customers in many ways and documents used for collections and also sources for cash are discussed. Cash management is very important factor in United Bank S.Co. because it mobilize so much amount of cash. Therefore, so as to achieve their organizational goal cash management is very much essential.
2. Statement of the Problem.
Mobilization of financial resource arises from the fact that the amount of financial resources for the purpose of productive investment is very low. In order to relieve financial constraints an investment; financial intermediaries are expected to play a decisive role in bringing about efficient ways of raising the required level of funds through the application of proper financial management system.
Now a days, in every developing countries the issue of economic development is the problem of managing scarce resources especially managing cash in an effective and efficient way for bringing a better economic growth of a country.
As it is known cash is the most important factor in banking