33.3 Functions of Commercial Banks The functions of a commercial banks are divided into two categories: i) Primary functions‚ and ii) Secondary functions including agency functions. i) Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to
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INVESTMENT POLICY OF COMMERCIAL BANKS (With reference to NABIL Bank Ltd and Nepal Investment Bank Ltd) SUBMITTED BY: Niru Maya Rana Prithvi Narayan Campus Roll No: T.U. Regd. No: A THESIS SUBMITTED TO: Office of the dean Faculty of Management Tribhuwan University In partial fulfillment of the requirement for the degree of Master of Business Studies (M.B.S) Kathmandu‚ Nepal June‚ 2009 RECOMMENDATION This is to certify that the thesis Submitted by: Niru
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Chain of Command Principle The chain of command‚ sometimes called the scaler chain‚ is the formal line of authority‚ communication‚ and responsibility within an organization. The chain of command is usually depicted on an organizational chart‚ which identifies the superior and subordinate relationships in the organizational structure. According to classical organization theory the organizational chart allows one to visualize the lines of authority and communication within an organizational structure
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Bangladesh Commercial Banking Report Q3 2009 Description: Bangladesh Commercial Banking Report provides industry professionals and strategists‚ corporate analysts‚ banking associations‚ government departments and regulatory bodies with independent forecasts and competitive intelligence on Bangladesh’s commercial banking industry. This report follows a rigorous approach to analysing commercial banking sectors around the world. We have collated data relevant to national commercial banking sectors
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1. United Commercial Bank is amongst the largest banks that serve the Asian-American community in the San Francisco region. The main focus is on Chinese community and thus it has 46 branches in California and offices and branch in Hong Kong‚ China and Taiwan. The vision and mission of the bank since its establishment has been time deposits and is spread all over San Francisco and Los Angeles as the largest bank to Asian community. The main focus is on loans of which majority loans are for real estate
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Commercial Bank of Ceylon Limited Introduction: Commercial Bank of Ceylon (CBC) entered the banking business in Bangladesh in the year 2003. In the mean time it has proven to be a rising foreign bank here. Since inception its economic growth both in corporate and retail departments are quite big. Till now Commercial Bank of Ceylon has developed a network of nine branches‚ two offshore units‚ six SME centers and four offsite ATMs. One card center takes care of all card related activities of the
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Executive Summary This report is about bank‚ history and functions contains what I have learned in my six week internship at MCB (Ltd). It starts with its success story and brief introduction of management. This report contains detail about business practices in MCB‚ its current financial statement‚ position‚ working of its different departments in MCB Gojra Branch and about of how a letter of credit is used in bank. The purpose of exercise was to learn while working in practical field‚ especially
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Why is it important to respect your Chain of Command? This is a common question asked by a lot of new soldiers and experienced ones but the answer is simple and for many reasons. There is an old saying among army leaders‚ “Take care of your people‚ and they’ll take care of you.” The reasons are to start‚ because of the Army Values‚ the NCO creed‚ and basic morals. The Army Values: loyalty‚ duty‚ RESPECT‚ selfless service‚ honor‚ integrity‚ and personal courage. These are things every Soldier
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In order to explain chain of command one must understand exactly what the chain of command can be used for. It is the rank of an individual in which relates to their position. It is also a vertical hierarchy within the organization. It is used in order for a person to receive orders from another person who is above them who in turn issues orders. Chain of command is important within corrections because when working in a field which requires details an issue is bound to occur. Therefore‚ it is important
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Chain of Command CJS/200 Version November 30‚ 2013 Sharon Dollar Carolyn M Riley The chain of command in a Police Department consists of many different titles. The titles within a department are needed to make up a department and agencies. From the top of the command to the bottom all are needed to make up of a functional organization. First and most important is the Chief-Superintendent this set off the chain of command. The Chief represent the police department He/she also
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