foreign aids to Bangladesh have been reduced a lot. Therefore the government is trying to deal the economic crisis by generating revenue internally. In this aspect the importance of the financial sector‚ particularly banking sector is emphasized. But the banking sector of our country is already overburdened with huge amount of classified loans. Government tries to improve the situation. Mercantile Bank Limited was incorporated in Bangladesh as a Public Limited Company with limited liability under
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An Internship Report On Letter Of Credit Opening‚ Lodgment And Retirement Procedures And Performance LimitedOf Prime Bank Limited- An Analysis A Report Submitted In Partial Fulfillment Of The Requirements For The Degree Of Bachelor Of Business Administration Supervised By Md. Mehadi Masud Lecturer Faculty of Business Studies Department of Accounting & Information Systems University of Dhaka Prepared By Mohsina Akter Roll-11124 Section-B‚ Batch-11 Faculty of Business Studies Department of Accounting&
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How People Fall Into Debt Unfortunately in today’s demanding society‚ many find themselves racking up thousands of dollars of debt. There are many different reasons as to why people wind up in this mentally and finically stressful position. While some people are just fiscally irresponsible and lack personal discipline; others that are much more responsible aren’t immune to debt‚ they can be hit with an unexpected medical bill or job loss. Living outside of ones pay check and unexpected medical incidents
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Prospect of Shipbuilding in Bangladesh: A Case Study of Abdul Monem Limited Why there is no strong industry of shipbuilding despite having huge opportunities for development? By Marium Marufa Islam Former Student of East West University‚ Bangladesh Intern of Abdul Monem Ltd. 1 Table of Contents Executive summary………………………………………………………………………...........iv 1.0 ORIENTATION OF THE REPORT…………………………...………………………….1 1.1 Objectives of the Study………………………………………………………………1 1.2 Methodology…………………………………………………………………………
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in order to manage risk factors are loss control‚ loss financing‚ and internal risk reduction. By using these three methods and knowing how they work a business can take to protect the company‚ the possible risks are easier to be contained and managed. Loss Control Loss Financing Loss financing is one of these techniques and is a “method used to obtain funds to pay for or offset losses that occur” (Risk Management Methods). Loss financing covers four different areas that help to achieve its end
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United States debt has reached infamous levels of expansion ; reaching an ascent of over $19 Trillion in Debt with an enormous fiscal gap of over $210 Trillion ( REPORTS ) ( The Federal Debt ). In this event and with our levels of debt‚ if the United States were to experience a macro economic and geopolitical event‚ such as the Great Depression of the 20th century‚ the U.S. Economy could reach its deadline (Foreign Holdings). Although some people may be convinced that this national debt is what keeps
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Defination Deficit Financing Deficit budget means that Govt. expenditure is more than its income from taxes and fee etc. Resources for deficit budget are met by borrowing‚ which is called Deficit Financing. In Pakistan deficit financing is needed because development programs require huge finance whereas domestic savings and income from taxes are not sufficient enough for this purpose. Increasing savings habits‚ population control‚ elimination of corruption‚ decrease in non-productive expenditure
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After the September 11 attack the Federal Government took several steps to combat terrorist financing‚ resulting with "More than $140 million in terrorist’s assets have been frozen across the some 1‚400 bank accounts worldwide." (Kaplan‚ 2006‚ Council on Foreign Relations) The United States government along with several other countries worked together and passed several laws to combat terrorist financing. After September 11‚ 2001‚ the thought of another attack weighed heavy on the minds of the federal
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This means of financing has developed rapidly in the decades of sixties and seventies. At present this means of financing gained considerable importance due to its wide variety of applications and has gained a substantial increase in the sheer volume of transactions. Although this type of financing can be for long term‚ most lease financing is for periods of less than ten years. Under the subject of finance our concern is with financial leases rather than with operating leases. Hence we will study
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while going for auto finance………………………. 07 Financing Glossary ………………………………………………………………………. 09 Best deal ………………………………………………………………………………………. 12 Prudential rules and regulations of SBP ………………………………………. 14 How does auto financing work ……………………………………………………… 16 Types of Auto Finance ………………………………………………………………. 19 Drawbacks of Auto finance ………………………………………………………… 20 Ijarah car financing ………………………………………………………………………. 22 Auto finance by commercial banks in Pakistan …………………………….. 25 Difference between
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