play an important role in the economic development of a country. Commercial banks are the primary contributors to the economy of a country. Commercial banks are profit making institutions that holds the deposits of individuals and business. As banks are profit earning concerns‚ they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit for the bank. The banks also role plays the human resources development. Banking is
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➢ Sources of Data Chapter Three: Rajshahi branch of Prime Bank Limited ➢ Organizational Profile ➢ Objective of the Bank ➢ Vision of PBL ➢ Mission of PBL ➢ Capital Structure of PBL ➢ Asset and liability ➢ Deposit performance ➢ List of board director ➢ Background of PBL Rajshahi Branch ➢ Personal position of PBL Rajshahi ➢ Department of Rajshahi Branch Chapter Four: General Banking Department ➢ Activity of General Banking ➢
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1. Introduction Commercial Bank implies that banks devote most of their resources to meeting the financial needs of business firms. This institution offers the public both deposit and credit services as well as a growing list of newer and more innovating services‚ such as investment advice‚ security underwriting‚ and financial planning. In recent years financial institutions have diversified themselves to satisfy consumers and units of government around the world. The result is the emergence of
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Ar-Rahn‚ Al-Qardhul Hassan‚ Al-Hiwalah‚ and Al-Dayn. Al-Wadiah (Trusteeship) Definition of Al-Wadiah. Just like conventional banking savings account‚ wadiah enable depositor deposit fund into banking institution considered as keeper and fund trustee. Banking institution party will guarantee repayment all deposit on or part of outstanding amount when depositor ask. Depositor might be given ’gift’ (prize) above banking institution discretion ‚ as a form banking institution parties appreciation
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happens to output and price level in graph B. 2. Use the figures in the table below to answer the following questions. ( 3 Marks) $ Billions Small time deposits 1‚250 Large time deposits 1‚300 Saving deposits‚ including money-market deposit accounts 1‚620 Money-market mutual funds 905 Checkable deposits 836 Currency 325 (a) What is the value of M1? (b) What is the value of M2? (c) What is the value of M3? 3. The total demand for money is equal to
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INTERNSHIP REPORT ON “HABIB BANK LIMITED” SUBMITTED BY Sadia Siddiqui Reg#14365 Enrollment# 02-211082-11 SUBMISSION DATE MAY 15‚ 2012 Acknowledgements: All the praises are for the almighty‚ Allah who bestowed me with the ability and potential to complete this Internship. I also pay my gratitude to the Almighty for enabling me to complete this Internship Report within due course of time. Words are very few to express enormous humble obligations to my affectionate Parents for their prayers and strong
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As a new auditor for the CPA firm of Croix‚ Marais‚ and Kale‚ you have been assigned to review the internal controls over mail cash receipts of Manhattan Company. Your review reviews the following: checks are promptly endorsed “For Deposits Only”‚ but no list of the checks is prepared by the person opening the mail. The mail is opened either by the cashier or by the employee who maintains the accounts receivable records. Mail receipts are deposited in the bank weekly by the cashier. Instructions:
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ignoring the use of two different color inks by the same person on the same day. He pursued further through a closer examination of the bills‚ carefully noticing the deposit slip predated the bills print date by a year. Another example was when Will did not see the cash deposit on the bank statement; he discovered a pattern of missing cash deposits. 3. One condition that could have limited Will’s skepticism was auditing the workplace of his best friend’s wife‚ Jess. Will was at times hesitant to heavily
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1.1 Background of the Study Now a day‚ education is not just limited to books and classrooms. In today’s world‚ education is the tool to understand the real world and apply knowledge for the betterment of the society as well as business. From education the theoretical knowledge is obtained from courses of study‚ which is only the half way of the subject matter. Practical knowledge has no alternative. The perfect coordination between theory and practice is of paramount importance in the context of
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in home for his transactions. Internet Banking Coves up the following facilities:- • Saving Transaction • Recurring Transaction • Fixed deposit Transaction • Current Account Transaction • Account Transfer • Money Transfer • Loan transactions &
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