Advantages of Universal Banking The benefits or advantages of universal banking are:- Investors’ Trust : Universal banks hold stakes (equity shares) of many companies. These companies can easily get other investors to invest in their business. This is because other investors have full confidence and faith in the Universal banks. They know that the Universal banks will closely watch all the activities of the companies in which they hold a stake. Economics of Scale : Universal banking
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services. State Bank of Pakistan was established as the central bank on July 1‚ 1948 to control the financial sector. Subsequent amendments were made to extend the control and functions of SBP through State Bank of Pakistan Act 1956. SBP encouraged the private sector to establish banks and financial institutions in the country. It resulted into unhealthy competition and unlawful practices due to bribe and corruption during the decades of 1950s and 1960s. In 1974‚ all the existing banks were nationalized
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The phrase “turning point” has a lot of meanings but personally‚ for me‚ it is a moment that caused me to realize what has always been in front of me. Turning point may also mean a time at which a decisive change in a situation occurs‚ especially one with beneficial results. Recently‚ one event became the turning point of my life and my beliefs. Last Tuesday‚ our class‚ II-St. Therese watched the film “The Encounter”. That movie marked a pivotal moment in my life. It helped me realize that Jesus
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Commercial Bank Recent changes have reformed the banking sector worldwide. The economic‚ political and social transformations have obliged several banks all over the world to emphasize on retail banking. Commercial Bank answers to those challenges by implementing a change program called PEGASUS. Pegasus has under its umbrella five main programs: 1) CRM implementation‚ 2) Business Process Reengineering‚ 3) Development of alternative distribution channels such as e-banking‚ 4) New roles‚ new work
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BRAC Bank Share Price BDT 792 Ordinary Shares (mill) 15.8 Free Float 50% 12 wk High/Low (BDT.) 746.25/1690 Average Daily Volume (Shares) 97‚838 Market Capital BDT (mill) 12‚656.16 Reserve & Surplus (mill) 902.03 BRAC Bank Limited‚ with institutional shareholdings by BRAC‚ International Finance Corporation (IFC) and Shorecap International‚ has been the fastest growing Bank in 2004 and 2005. BRAC Bank has been rated as one of the four most successful and sustainable SME Banks in the
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The Overall Financial Activities Of Al-Arafah Islami Bank Ltd (AIBL)‚ Bangladesh Based on the study on 2010 Financial statement and business police IUBAT The Overall Financial activities of Al-Arafah Iislami Bank Ltd (AIBL)‚Bangladesh SUBMITTED TO: MD. MUSTAFIZUR RAHMAN Faculty of (CBA) BUS 201 SUBMITTAD BY: GROPE NAME: ONIKER PRANTOR NAME ID PROGRAM EMAIL CLASS ROLL ASADUZZAMAN RIDOY 10202081 BBA ADIBAZAMAN 10202085 BBA MOSIUR RAHMAN 10202068 BBA
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Khairul Hasan Arif MBA‚ CMA ( Cont.) Editor Bank Reconciliation What Is Bank Reconciliation? The word “reconciliation” means to make two sets of amounts correspond with each other (i.e. make them equal to each other) by explaining why the two sets of amounts differ. Bank reconciliation is the process of matching and comparing figures from accounting records against those presented on a bank statement. Less any items which have no relation to the bank statement‚ the balance of the accounting
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Barings Bank & the “Rogue Trader” Founded in 1762‚ Barings Bank (previously known as Baring Brothers & Co.) was the oldest merchant banking company in England. Barings collapsed on February 26‚ 1995 as the result of the activities of one of its traders‚ Nick Leeson‚ who lost $1.4 billion by investing in the Singapore International Monetary Exchange (SIMEX) with primarily derivative securities. This was actually the second time the bank had been faced with bankruptcy. Following the collapse‚ Barings
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What are ‘zombie banks’ The term ‘zombie bank’ was first introduced by Edward Kane in 1987 to describe a bank that has a negative net worth but still continues to operate. A negative net worth means that the fair value of assets is lower than the total value of liabilities. Zombie banks usually have large amounts of non-performing assets on their balance sheets making them unprofitable. A loan is considered to be a non-performing asset if no principal payments or interest have been paid for 90 days
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Merchant banks play an important role in mobilizing small savings and channeling them to productive investment. Since our capital market is not as efficient as others‚ yet it tries at best to create a strong‚ fair‚ efficient and effective market. Apart from they facilitate merchant bank so that they can help as possible as to organize such a valuable capital market mechanism. 1.2 Rationale of the study The rationality of our study on capital market as well as its right hand merchant bank is to
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