has acquired commendable reputation by providing sincere personalized service to its customers in a technology based environment. The Bank has set up a new standard in financing in the Industrial‚ Trade and Foreign exchange business. Its various deposit & credit products have also attracted the clients-both corporate and individuals who feel comfort in doing business with the Bank. Mission: To mobilize financial resources from within and abroad to contribute to Agriculture’s‚ Industry & Socio-economic
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are the deposits and other borrowings of the bank which are very interest sensitive or where the bank is sure they will be withdrawn during the current period. 6. The customer relationship doctrine is the idea that management should make all good loans and count on its ability to borrow funds if it does not have the liquidity to meet its cash needs. 7. Legal reserves are the assets the bank must by law hold behind its deposits. In the U.S. only vault cash and deposits held with the
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other affiliated governments. Cypriot banks became unable to secure the deposits due to several reasons: the Greek crisis‚ crisis in real estate sector. It provided relatively high income on deposits‚ which is always associated with risky investments. The macroeconomic situation in the world only worsened the situation. To sum up‚ the some of the banks
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ATM transactions are ideal for money laundering because launderers can use an account in the U.S. to deposit funds within the U.S. and have another person withdraw (i.e. domestic terrorist) them outside the country. Risk with ATMs involves verifying the identity of an individual for customer that may be out of the financial institutions targeted area. Transactions are usually instantaneous and the destination of cash is difficult to trace‚ especially for individuals smuggling funds to offshore
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8 Table No.3 : Foreign Deposits 9 Table No.4 : Domestic Deposits 11 Table No.5: Investment 12 Table No.6 : Net Interest Income 14 Table No.7 : Net Profit after Tax 15 Table No.8 : Summary and Findings 17 List of Figures Figure 1 – Trend Line of Deposits in Foreign Currency 11 Figure 2 – Percent of Trend and R.C.R. of Deposits in Foreign Currency 11 Figure 3 – Trend line of Deposits in Domestic Currency
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through. 2. Explain performance budgeting exercise as a tool for deposit mobilization. 3. Explain the factors the branch manager has to take into account at the time of preparation of the budget. 4. Write an essay on Globalization in the Banking Industry. 5. Examine the economic functions of banks. 6. Explain Fractional-reserve banking. 25 x 4=100 marks Answers 2. Explain performance budgeting exercise as a tool for deposit mobilization. Performance budgeting can be defined as budgeting
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Marine and Lacustrine Deposits ORIGINS AND GEOTECHNICAL ISSUES Robert Bartus s2721227 | 4 104ENG Geotechnical Engineering Practice | August 19‚ 2012 1 The origins of soil deposits on the earth’s crust can reveal significant findings in the chemical and mechanical characteristics of the soils themselves. It is important to uncover such origins to find how and where such deposits may have formed over tens of thousands of years ago. Marine and Lacustrine deposits are two soil types that are commonly
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United States. ’Eurocurrency Market ’ Rates on deposits in the Eurocurrency market are typically higher than in the domestic market‚ because the depositor is not protected by domestic banking laws and does not have governmental deposit insurance. Rates on loans in the Eurocurrency market are typically lower than those in the domestic market‚ because banks are not subject to reserve requirements on Eurocurrency and do not have to pay deposit insurance premiums. A. Eurocurrency market Definition
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Large-denomination time deposits $ 304 billion Currency and coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-denomination time deposits 198 billion Traveler’s checks 18 billion Savings deposits 326 billion Money market mutual fund accounts 637 billion 2. (Reserve Accounts) Suppose that a bank’s customer deposits $4‚000 in her checking account. The required reserve ratio is 0.25. What are the required reserves on this new deposit? What is the largest
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| Short-Answer Questions 1. Suppose you deposit $1‚000 at your bank‚ and the required reserve ratio (r) is 10%. Furthermore‚ assume that banks do not hold any excess reserves‚ and that the public do not hold any cash. Explain the money creation process that follows due to your initial deposit of $1‚000‚ and calculate the maximum amount of money that can be created. 2. Suppose‚ as in Q.1‚ you deposit $1‚000 at your bank‚ and the required reserve ratio (r) is 10%. Assume
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