The Bank of Korea (BOK) is the central bank of South Korea and issuer of South Korean won. It was established on June 12‚ 1950 atSeoul‚ South Korea. The Bank’s primary purpose is price stability. For that‚ the Bank targets inflation. The 2010–12 target is consumer price inflation of 3.0 ± 1%. ------------------------------------------------- History The Bank of Korea was established on June 12‚ 1950 under the Bank of Korea Act. Following liberation on August 15‚ 1945‚ the Korean economy was
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Visakhapatnam - 530045 Summer Internship Project Report COMPARATIVE ANALYSIS OF SERVICE CHARGES OF DENA BANK WITH OTHER BANKS At DENA BANK (OVERSEAS BRANCH) MUMBAI. Submitted By AVINASH CHANDRA MISHRA MBA (IB) 2012-14 (Regd. No.1226112107) In Partial Fulfillment of Requirement for the Award of the Degree of Master of Business Administration (International Business) Under the Guidance
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INDIAN OVERSEAS BANK Indian Overseas Bank (IOB) is a leading nationalized bank in India‚ established way back in 1937. This Chennai based bank is represented countrywide and offers a host of value added Online banking services to its customers. The Indian Overseas Bank Online banking facility makes banking easy and hassle free. Indian Overseas Bank Net Banking is user friendly and time saving. It provides customers with anytime‚ anyplace banking facilities. The customer is only
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dilution of the government stake in public sector banks (PSBs) and the increased participation of private sector banks. History of Banking System Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Venice and Genoa. Origin of the word The word bank was borrowed in Middle English from Middle French banque‚ from Old Italian banca‚ from Old High German banc‚ bank "bench‚ counter". Benches were used as desks or
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Banking (16.0 points) 1. Visit the website of a large national bank‚ regional bank‚ or credit union‚ and use the information you find there to answer the questions below. EXAMPLE: Some large banks you might consider include Bank of America®‚ JPMorgan Chase®‚ Wells Fargo®‚ Citibank®‚ and U.S. Bank®. a. What is the name of the bank or credit union? (0.5 points) Bank of America b. List three facts about savings account options at the bank or credit union you chose. (3 sentences. 1.0 points) There is
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Table of Content Introduction 1 1. The Beginning of Deutsche Bank 1 2. Reconstruction Due to First And Second World War 4 3. Internationalization 4 4. Becoming a Global Player 5 5. Conclusion .6 Introduction Deutsche Bank‚ an international universal bank‚ was internationally active a short time after its foundation. The bank’s early decades were a period of rapid expansion. With its growth Deutsche Bank seemed to be unstoppable. But with the beginning of the First and Second World
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students require to write a report on a research project that may be given as a requirement by the organization or can be selected by the student in consultation with the institutional advisors. Accordingly‚ due to the affiliation with The Trust Bank Limited (The TBL) and previous exposure to employee related issues‚ ‘Employees’ Job Satisfaction in the TBL’ was chosen as the subject by the researcher. It is believed that this analysis including the recommendations will be of some importance both
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Functions of Reserve Bank of India The Reserve Bank of India Act of 1934 entrust all the important functions of a central bank the Reserve Bank of India. Bank of Issue Under Section 22 of the Reserve Bank of India Act‚ the Bank has the sole right to issue bank notes of all denominations. The distribution of one rupee notes and coins and small coins all over the country is undertaken by the Reserve Bank as agent of the Government. The Reserve Bank has a separate Issue Department which is
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3. DUTCH-BANGLA BANK LIMITED 4 3.1 Company overview 4 3.2 Calculation of Rate of Return 4 3.3 Calculation of present value of the stocks 5 4. BRAC Bank 9 4.1 Company Overview 9 4.2 Calculation of Rate of Return 10 4.3 Calculation of present value of the stocks 10 5. AB Bank Ltd. 12 5.1 Company Overview 12 5.2 Calculation of Rate of Return 12 5.3 Calculation of present value of the stocks 13 6. ANALYSIS 15 6.1 Dutch-Bangla Bank Ltd. 15 6.2 AB Bank Ltd. 17 6.3
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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