PROFILE Public Bank was established in August 1966 by its Founder and Chairman‚ Tan Sri Dato’Sri Dr. The Hong Piow. Beginning from a single branch‚ it has grown to be a premier banking group in Malaysia. Since its inception‚ Public Bank has played a fundamental role in improving the quality life of citizens. Today‚ Public Bank is a leading provider of financial services in Malaysia with overseas banking operation in Hong Kong‚ China‚ Cambodia‚ Laos‚ Sri Lanka‚ and Vietnam. The Public Bank Group has a
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information is available for reconciling the Bank Statement of Texaco Company on December 31‚ 2000. (1) Cash account in ledger on 31 December should a balance of tk 12‚761.96. The Bank Statement on the same day indicated a balance of tk 9‚734.70. (2) Cash receipts of 31 December worth tk5.846.220 has been mailed to the bank on that date but did not appear among the deposits in the bank statement. (3) The paid cheque returned with the December Bank Statement disclosed two errors in the company
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evaluate the effects of uncollectable accounts receivable (bad debts) on the financial statements. To record Doubtful Debts applying the Percentage of Sales and Aged Methods. To understand the nature‚ purpose and process of bank reconciliations. To complete bank reconciliations over consecutive months. 2 1 Cash & Receivables For many organizations‚ cash and receivables are a significant assets. Given their significance‚ it is crucial that cash and receivables are managed and
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ICICI BANK ABOUT ICICI BANK: ICICI Bank is India ’s second-largest bank with total assets of Rs. 4‚736.47 billion (US$ 93 billion) at March 31‚ 2012 and profit after tax Rs. 64.65 billion (US$ 1‚271 million) for the year ended March 31‚ 2012. The Bank has a network of 2‚766 branches and 9‚363 ATMs in India‚ and has a presence in 19 countries‚ including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery
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International Research Journal of Finance and Economics ISSN 1450-2887 Issue 94 (2012) © EuroJournals Publishing‚ Inc. 2012 http://www.internationalresearchjournaloffinanceandeconomics.com Consumer Criteria for the Selection of an Islamic Bank: Evidence from Pakistan Muhammad Imtiaz Subhani Iqra University Research Centre-IURC‚ Iqra University- IU Defence View‚ Shaheed-e-Millat Road (Ext.) Karachi-75500‚ Pakistan E-mail: drsubhani@yahoo.co.uk Tel: (92-21) 111-264-264 (Ext. 2010); Fax:
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The Central Bank of Ceylon was set up by the post independence Government in recognition of the importance of an active monetary policy regime and a dynamic financial sector to support and promote economic growth. Prior to the establishment of the Central Bank‚ functions relating to central banking were conducted by the Currency Board System that was set up under the Paper Currency Ordinance No.32 of 1884. After gaining political independence‚ the Currency Board System was considered inadequate
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Banks and Financial Intermediation Lecture Outline Background to Banking Central Banks Target 2 International Money and Banking: The FED and ECB. Banking Crises and their Consequences Banking Regulation Why start with banks? Banks play a key role in the financial system and in the economy. And‚ as we will see‚ monetary policy works largely through the influence that it has on the banking system. The banking sector played a key role in the financial market turmoil that
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Analyzing bank performance Main objective of main performance analysis 1 Due to the inherent rick-reward trade-off in banking and finance‚ there is a close link between risk taking and profitability. Similar to many other business. The objective profit-maximizing bank will be to add value to the bank equity by maximizing risk-adjusted return to SHs. Risk taking is a double-edged sword. However‚ for banks‚ profitability and SH value add will depend on the efficiencies of risk management processes
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CONCLUSION The BRICS Development Bank is expected to start operations in 2016‚ providing a crucial two-year window to state the policies and instruments that would define the scope of its operations. We think the BRICS countries should meet the call to develop an institution that is revolutionary in its vision and the manner in which it functions. The Bank is expected to not only address developmental challenges within the five countries that are leading it‚ but also generate greater resources for
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A proposal On Prime Bank Limited (PBL) Course Code: Fin 380 Course Name: Management of Commercial Bank Section: 01 prepared for Leo Vashkor Dewri Senior Lecturer Department of Business Administration prepared by Md. Nahidul Islam 2011-1-10-165 Department of Business Administration Date of Submission: Leo Vashkor Dewri Senior Lecturer East West University Subject: A proposal for prepare a term paper on Prime Bank Limited (PBL). Dear Sir‚ It is great immense pleasure
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