Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3,249,580.53 | | Direct Expenses | | | | Salaries & Wages | $487,437.08 | | | Vehicle Maintenance | $64,991.61 | | | Fuel | $20,449.80 | | |…
The 51% of equity value is ITL 59.455 billion, over the investment EUR 25.9 million (ITL 50.235 billion). So, this investment is…
Establishment of Reserve bank of India in April 1935 and its nationalization in January 1, 1949.…
India's largest international bank with 99 branches in 42 cities, and have been operating here since 1858(155yrs).…
Miele is a German Home Appliance Company with its headquarters in Guetersloh, Nordrhein Westfahlen. The world’s leading manufacturer of premium domestic appliances achieved sales of nearly 3 billion € in 2011 (912 million € in Germany)[1], this means a growth of 4% compared to the year before. With a workforce totalling more than 16,600, the number of employees within the Miele Group remained constant. It is a typically family owned business. Being founded in 1899 by Carl Miele and Reinhard Zinkann, from the very beginning their portfolio consisted of domestic appliance products, such at the first types of washing machines and mostly electronic devices which can be used in kitchens. Today the founders’ grand-children still are in active business within the company as managing partners. Their products are distributed to 45 different countries, their biggest market share is in Germany with a relative market share of 28%. Until today they produce in 12 factory settlings which are located in Germany and some neighbour countries, one settlement is in China.…
A commercial Bank is a financial institution which runs purely for the benefit of the people. It is a business venture working for providing services to boost up the economy of a nation. Bank plays a vital role by playing the role of an intermediary between the saver group and the investing group of the economy. The saver group deposits their earnings and savings in commercial banks for the purpose of getting back their savings with interest as and when they require. The bank accepts deposits from the public for the purpose of lending or investment in the industry or trade and thereby boosting up the nation’s economy.…
Among the banking institutions in the country, seventeen (17) are universal banks while twenty-one (22) are banks with sole commercial banking functions. There are also eighty-four (84) thrift banks and seven hundred thirty-eight (738) rural banks in the country. (as of April 1, 2008, www.bsp.gov.ph)…
The New Nation. (2008). “Rupali Bank dropped from privatisation list”. The New Nation Article on March 11, 2008. Available…
Bank of the Philippine Islands (BPI) is that country's second-largest bank, trailing only Metropolitan Bank & Trust. It is also the Philippines' oldest bank and one of the oldest of all Asian banks. BPI offers a full range of commercial and retail financial services, including corporate finance services, asset management, and brokerage and other financial consulting services. BPI's retail network includes more than 700 branches throughout the Philippines, as well as branches in New York, Hong Kong, and Tokyo. The bank also operates a network of more than 1,200 automated teller machines and more than 8,500 retailer-based point-of-sale machines. In 1999, BPI pioneered online banking in the Philippines with the launch of online bank BPI Direct in 1999. In addition to its banking products and services, BPI has also developed a strong non-life insurance operation, chiefly under subsidiary BPI/MS Insurance Corporation. Listed on the Philippines Stock Exchange, BPI has long been majority controlled by Philippines conglomerate Ayala Corporation.…
The banks carry on its business through a wide network of branches locally and internationally. These branches…
Today, the Public Bank Group's overseas operations comprise 122 branches, with 83 branches in Hong Kong, 3 branches in China, 24 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, a branch in Sri Lanka and 3 representative offices in Shanghai, Shenyang and Taipei.…
Title of the Project: Rural Banking in India Project Guide ----Fill--- manipalassignment@gmail.com Introduction about the Banking: India lives in its villages, and the founding fathers deemed it imperative to enable financial inclusion for the rural population. The Regional Rural Bank (RRB) emerged from India¶s early aspirations for a stronger institutional arrangement to develop a savings culture in the rural eco-system, provide rural credit and agriculture finance, while enabling poverty elevation.…
Allahabad Bank is one of the premier nationalized banks in India. It is also the oldest joint stock bank of India. It was incorporated by a group of Europeans at Allahabad on April 24, 1865. It was the time Indian economy had started shifting towards organized trade and business affairs. After some years in 1920, the P&O Bank brought Allahabad Bank and its headquarters at Kolkata. The Allahabad bank got an entirely new identity when it was nationalized in 1969 along with 13 other banks in India. Since then the Allahabad Bank had a smooth journey towards progress. Today it is one of the leading banks in India with a whooping business of over Rs.1, 00,000 crores.…
The Bank has over 3,400 staff; 66 branches, 22 banking centres, and seven offices in 17 regional markets, serving 550,000 active accounts.…
State Bank of India is the largest state-owned banking and financial services company in India. The Bank provides banking services to the customer. In addition to the banking services, the Bank through their subsidiaries, provides a range of financial services, which include life insurance, merchant banking, mutual funds, credit card, factoring, security trading, pension fund management and primary dealership in the money market. The Bank operates in four business segments, namely Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Business. The Treasury segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/ Wholesale Banking segment comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group. The Retail Banking segment consists of branches in National Banking Group, which primarily includes personal banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group. SBI provides a range of banking products through their vast network of branches in India and overseas, including products aimed at NRIs. The State Bank Group, with over 16,000 branches, has the largest banking branch network in India. The State bank of India is the 10th most reputed company in the world according to Forbes. The bank has 156 overseas offices spread over 32 countries. They have branches of the parent in Colombo, Dhaka, Frankfurt, Hong Kong, Johannesburg, London and environs, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo. They have offshore banking units in the Bahamas, Bahrain, and Singapore, and representative offices in Bhutan and Cape Town. State Bank of India was incorporated in the year 1955. The Bank traces their ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of…