definition of Asymmetric Information involves two parties‚ and which one party has more superior information and normally will not disclose the truth or harmful situation of a transaction to another party. The asymmetric information provided by the banks on the Collateral Debts Obligations is one of the causes that led to the sub-prime crisis in 2008 & 2009. Collateral Debts Obligations are financial instruments that are pooled by many sub-prime mortgages and sold to investors with attractive higher
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Uganda is a pluralistic society with a complex social order characterized by a multitude of ethnic‚ linguistic‚ and religious divisions. Roman Catholics are the majority and comprise about 46% of the population with the Protestants at 42% (Anglican 35.9%‚ Pentecostal 4.6%‚ Seventh-Day Adventist 1.5%)‚ Muslim 8%‚ other 3.1%‚ and none 0.9% . They stand not evenly distributed across regions in the country. Most of the rural areas across the country are dominated by Roman Catholics while they share
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Impact of Globalization on Agriculture in Uganda Definition: Globalization: is a process by which regional economies‚ societies‚ and cultures have become integrated through a global network of communication‚ transportation‚ and trade. Globalization according to Webster’s Dictionary‚ means: “to make worldwide in scope or application”. Globalization can be viewed as the integration of inputs and outputs into global markets‚ sharing of information and knowledge‚ and promulgation of rules governing
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Central bank transparency Transparency has emerged as another key feature of the central banking. The traditional view has been that it is better to achieve at least some of central banks’ objectives outside the center of attention. In more recent times central banks have discovered transparency as a precondition for accountability and more openness. Together with central bank independence‚ transparency forms the second pillar of central bank governance. With the fact that central banks have become
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e-Business Unit 6 Mid Term Assignment (An Examination of Citibank ’s E-Business Strategy for Global Corporate Banking) A Paper Presented in Partial Fulfillment Of the Requirements of [Class #637 - MBA 57613 - e-Business] February‚ 2012 | | | | | | | | | | | | DECLARATION OF ORIGINALITY OF WORK: I affirm that the attached work is entirely my own‚ except where the words or ideas of other writers are specifically acknowledged according to accepted citation conventions. This assignment
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Centre for Management Technology Knowledge Park I Gr. Noida Acknowledgements If words are considered to be signs of gratitude then let these words Convey the very same My sincere gratitude to ICICI BANK for providing me with an opportunity to work with BANK and giving necessary directions on doing this project to the best of my abilities. I am highly indebted to Mr.Remay Verma‚ Branch Manager and Mr. Ravi Parmar (RM) company project guide‚ who has provided me with
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understand International banking‚ students should first understand the overall history and development of banking. Although many of the examples of either a banking or country financial collapse may appear to the student to be outdated‚ the lessons learned (or not learned) are still relevant in today’s more globalized world of banking. For example‚ in applying the elements of the current sub-prime lending crisis‚ students will find that the three main causes for a banking crisis that is covered in
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2008 Mr. Dr. KAZI AHMED NABI Professor‚ Department of Finance & Banking University of Chittagong. And Mr.MOHAMMAD SHADDAD HOSSAIN Lecturer‚ Department of Finance & Banking University of Chittagong. Subject: Submission of Internship Report Dear Sir‚ It is my pleasure to submit my Internship Report on ‘An overall Banking Performance with special reference to EXIM Bank Limited’ as a part of my MBA final examination. Though it’s a new experience for
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aspect the importance of the financial sector‚ particularly banking sector is emphasized. But the banking sector of our country is already overburdened with huge amount of classified loans. Government tries to improve the situation. Mercantile Bank Limited was incorporated in Bangladesh as a Public Limited Company with limited liability under the Bank Companies Act 1991on 20 May 1999 and commercial operation on June 1999. The Bank went for public issue of shares on in 2003 and its shares are
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UNIVERSITY OF KARACHI ASSIGNMENT OF BAKING OPERATION AND MARKETING PREPARED FOR: SIR Khalid Jamil Ansari DEPARTMENT: Karachi University Business School SEMESTER: 2nd semester SUBJECT: Banking Operations CONTENT 1. How many types of customers and elaborate it ________________01 2. How many type of account also explain them?__________ 03 3. What are the basic requirements for opening of an account?__________________________________________04 1 | Page Q1.How
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