(Overview of the Organization) 2.1 Background of the Organization Mutual Trust Bank Limited (MTBL) was incorporated on September 29‚ 1999 under the companies Act 1994 as a public company limited. They introduced themselves as a pioneer in banking sector. At the time of beginning their authorized capital was Tk 38‚ 00‚000‚000 divided into 38‚000‚000 ordinary shares of Tk each. The head office of the bank is in MTB center‚ 26 Gulshan Avenue. The bank has 67 branches allover the country‚ the bank carries
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those who need it. Definition of a Bank Section 5(b) of the Banking Companies Act‚ 1949 defines banking as “accepting for the purpose of lending or investment of deposits of money received from the public‚ repayable on demand and withdrawable by cheque‚ draft‚ order or otherwise”. Features of a Bank 1. Dealing in Money 2. Individual / Firm / Company 3. Acceptance of Deposit 4. Giving Advances 5. Payment and Withdrawal 6. Agency and Utility Services 7. Profit and Service Orientation
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Guaranty Trust Bank Plc over more than two decades has distinguished itself as a leading institution and a major contributor to the economic advancement in Nigeria. Guaranty Trust Bank Plc with its headquarter at Victoria Island‚ Lagos as at December 2011 had an operating income of N141.729 billion‚ net income of N52.654 billion‚ total asset of N1‚525.010 billion and a total equity of N235.911 billion and it had more than two thousand‚five hundred employees in Nigeria. Its subsidiaries include Guaranty
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NATIONAL AIDS CONTROL ORGANIZATION Guidelines On Financial & Procurement Systems for NGOs/CBOs PART - II MINISTRY OF HEALTH & FAMILY WELFARE th 9 floor‚ Chandralok Building‚ 36‚ Janpath‚ New Delhi - 110 001 10th APRIL 2007 92 GUIDELINES ON FINANCIAL & PROCUREMENT SYSTEMS FOR NGOs/CBOs BACK GROUND Constitution & Structure Financial Year STANDARDS TO BE MAINTAINED General Activity Based Accounting Organisational Issues PROCEDURES ACCOUNTING PROCEDURES Maintaining
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discussed the dimensions in which automation in the banking industry manifest in Nigeria. They include: (i) Bankers Automated Clearing Services: This involves the use of Magnetic Ink Character Reader (MICR) for cheque processing. It is capable of encoding‚ reading and sorting cheques. (ii) Automated Payment Systems: Devices used here include Automatic Teller Machine (ATM)‚ Plastic Cards and Electronic Funds Transfer. (iii) Automated Delivery Channels: These include interactive television
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SALES CONTROL SYSTEM Purpose of a sales control system 1. There must be efficient control of all food and beverage items issued from the various departments. 2. The system should reduce any pilfering and wastage to a minimum. 3. Management should be provided with any information they require for the costing purposes. 4. The cashier should be able to make out the customer’s bill correctly. 5. The system should show a breakdown of sales and income received in order that adjustment and improvement
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Internship Report on Performance Analysis of Online Banking System of Shahjalal Islami Bank Limited (SJIBL) at Shatmasjid Road Branch. Md. Mahmudur Rahman ID No: BBA050201274 Major in Marketing Department of Business Administration Northern University Bangladesh Date of Submission: 13th July‚ 2009 [pic] Internship Report on Performance Analysis of Online Banking System of Shahjalal Islami Bank Limited (SJIBL) at Shatmasjid Road Branch.
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is usually a stipulation that in the event of any instalment‚ remaining unpaid‚ the entire amount of the loan will become due. Interest is charged on the debit balance‚ usually with monthly rests unless there is an arrangement to the contrary. No cheque book is issued. The security may be personal or in the form of shares‚ Govt. paper‚ fixed deposit receipt‚ life insurance policies‚ goods‚ etc. 2. Term Loan:-When a loan is granted for a fixed period exceeding three years and is repayable according
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Banking. In NRI Banking. I find out that Kotak Mahindra Bank offers many products and services to the customers‚ who help customers to transfer money from abroad through various transfers’ modes like direct transfer‚ wire transfer‚ bank transfer‚ cheque transfer. Kotak Mahindra Bank has its own portal website through which customer can transfer money easily and quickly the name of that portal website is www.click2remit.com. There are different charges on transfer
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[pic] BRAC BANK LIMITED [pic] JUNE 05‚2007 To The Head Department of Business Administration‚ International Islamic University Chittagong Sub: Submission of internship Report. Dear Sir‚ I am writing in connection with the internship report naming “Product Management Of Retail Banking - A Study on BRAC Bank Limited ‚ Regional Operating Center‚Momin Road ‚ Chittagong ”. Under
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