the financial requirements. Main functions of banking department are the followings: Account opening system‚ Account section‚ Collection and clearing‚ Saving Bank Account‚ Current Account‚ Short Term Deposit Account. Local remittance Section: Pay order‚ Demand Draft‚ Telegraphic Transfer‚ Call Deposit Account. Janata Bank Ltd. also provides different types of DPS like monthly savings Scheme (MSS)‚ Monthly Benefit Scheme (MBS). Janata Bank Ltd. provides the entire general banking facilities like LC
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Chapter 5: Performance Evaluation To evaluate the performance of BRAC bank Limited the following parameters are considered in the next part of the paper. 1. Asset 2. Deposit 3. Investment 4. Operating Profit 5. Capital Adequacy 6. Loans & Advance 7. Non-funded Income 8. Revenue per Employee 9. Operating Cost per Employee 10. Cost to Income Ratio 11. Operating Cost as a Percentage of Loans and Advances 12. Fund Management 13. Earning Per Share (EPS)
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Internship Report on Credit Risk Management of Agrani Bank Limited Introduction Agrani Bank Ltd is a state owned scheduled bank in Bangladesh. It has a vital contribution towards lending and investment in economy because Agrani Bank Ltd. has been participating at all sectors (from industrial sector to microfinance). Here main purpose of preparing this report to make clear idea about credit risk management of Agrani Bank Ltd and gather enough knowledge to deal with these functions. We know that
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Why is it important to make your bank deposits as soon as possible? It is important to make bank deposits as soon as possible because as your office has bills to pay there needs to be sufficient funds to cover all expenses. Also your office does not want to wait depositing any checks because they person who wrote the check might not be good with their money. If the check is not deposited in a couple of day the person who wrote it might spend the money thinking they had more than they really did
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A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. Due to their influence within a financial system and an economy‚ banks are generally highly regulated in most countries. Most banks operate under a system known as fractional reserve banking where
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per year. This amount is greater than 12 times the monthly payment because when Kate deposits funds at the end of each month‚ those funds are earning interest throughout the year‚ while funds deposited only at year’s end are not accumulating interest. For example‚ (12)($200.38) = $2‚404.50. $2‚521.85 - $2‚404.50 = $117.35. This additional amount represents the interest that the eleven $200.38 deposits would accrue throughout the year. 4-5. A table will better represent the sensitivity
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Subject: - “Macro Economics” Assignment Topic: - Past 5 years concept of Dutch Bangla Bank Limited Dutch Bangla Bank Limited Dutch-Bangla Bank is the first bank in Bangladesh to be fully automated and introduce Electronic Banking. The automation was completed in 2003‚ but further additions and features are continuously being added and upgraded. DBBL has adopted the same exact automation solution used my many international banking giants. Although this was significantly more expensive
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1.0 Background of the Study Bangladesh Commerce Bank Ltd (BCBL) was formed following the National Parliament Act no. 12‚ 1997. An eleven member Board of Directors was constituted by the Government to steer the new banking organization of the country. The capital market of Bangladesh has yet to find a solid ground and the investor confidence in the market is not significantly high‚ especially after the stock market crash in 1996.The bank started its commercial activities on 16 Sep‚ 1999 with the
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borrowers can find short- term liquidity by turning assets into cash. They can also deal with irregular cash flows- in-comings and out-goings of money- more cheaply than borrowing from a commercial bank. Similarly‚ investors can make short- term deposits with investment companies at competitive interest rates: higher ones than they would get from a bank. Borrowers and lenders in the money markets use banks and investments such as stocks‚ bonds‚ short- term loans and debts‚ rather than lending money
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Sample Problems—Time Value of Money 1. Gomez Electronics needs to arrange financing for its expansion program. Bank A offers to lend Gomez the required funds on a loan where interest must be paid monthly‚ and the quoted annual rate is 8 percent. Bank B will charge 9 percent‚ with interest due at the end of the year. What is the difference in the effective annual rates charges by the two banks? 2. In 1889‚ Vincent Van Gogh’s painting‚ “Sunflowers”‚ sold for $125. In 1987 it sold for $36 million
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