Banking in the Bahamas Banking is an important part of the Bahamian economy because it generates a source of income for The Bahamas. In fact‚ banking which is a TERTIARY industry is the second largest industry in The Bahamas. The first bank in The Bahamas was the Government Savings Bank established in 1836. It was also known as the Public Bank of The Bahamas but closed in 1886. In the same year of its collapse‚ a Government Savings Bank was established under the control of the Post Office Department
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the path in which the project was planned and is being completed. Background As a student of Fourth Semester MBA with specialization in Finance and Marketing‚ I was searching for a project area which should go along with my career in Finance division of banking industry and utilizes most of my Finance skills and knowledge. So it was narrowed down to the study of Internet Banking. Objectives The main objectives of the study are: • To understand the concept of Internet banking and importance
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The Importance of Philosophy in Education Philosophy is a study that seeks to understand the mysteries of existence and reality. It tries to discover the nature of truth and knowledge and to find what is of basic value and importance in life‚ by studying philosophy‚ people can clarify what they believe‚ and they can be motivated to think about ultimate questions. Philosophy is a system of principles that are used for guiding us in what we do in life. The reason philosophy is important is because
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Core Banking System Meaning:- Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. Core Banking system or CBS is one of the recent developments in the field of banking‚ and has proved to be very useful. It is a facility provided by banks in which a person‚ having an account in one branch‚ can operate his account‚ in another
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like to thank the almighty for giving us courage. Index Introduction Universal Banking is a multi-purpose and multi-functional financial supermarket (a company offering a wide range of financial services e.g. stock‚ insurance and real-estate brokerage) providing both banking and financial services through a single window. Definition of Universal Banking: As per the World Bank‚ "In Universal Banking‚ large banks operate extensive network of branches‚ provide many different services‚ hold
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other. One of the inseparable parts of technology that we use is E-banking. It’s one of the most important parts of effect of technology on our life. Day by day it become bigger and more complicate‚ we must study on it and know the advantages and disadvantages of this new technology if we want to get more benefit of it. In this research we are going to explain what exactly Electronic banking means and explain the definition of E-banking and talk about it problem and benefit for us. We are going to explain
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INDIAN BANKING SYSTEM A Transition from Traditional Banking to Mobile Banking BY: Abhilasha Sharma Indian Banking system: An Overview Banking in India originated in the last decades of the 18th century. The oldest bank in existence in India is the State Bank of India‚ a government-owned bank that traces its origins back to June 1806 and that is the largest commercial bank in the country. Central banking is the responsibility of the Reserve Bank of India‚ which in 1935 formally took over these
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Kant’s Moral Philosophy Faafetai Ieremia Jr Kant’s Moral Philosophy Introduction Kant’s moral philosophy is also known as Kantian ethics. It is a type of a deontological theory‚ which is based on ethics. Immanuel Kant founded this deontological theory. Kant’s theory developed as a culmination to the enlightenment rationalism. The basic central idea of this theory is that the good will is the intrinsic quality of nature. Hence‚ if the action is morally good‚ maxim‚ it acts as the theory
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DISTRIBUTION IN BANKING BUSINESS Distribution in financial services marketing is concerned with how the service is delivered to the customer‚ making sure that it is available in a place‚ at a time and in a format that is appropriate and convenient for the customer. In a growing number of countries‚ the expansion of the financial services sector has been accompanied by a significant blurring of lines between different institutional types with‚ for instance‚ retail banks offering insurance products
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also generally issue currency‚ function as the bank of the government‚ regulate the credit system‚ oversee commercial banks‚ manage exchange reserves and act as a lender of last resort. The central banking system in the U.S. is known as the Federal Reserve System (commonly known as "the Fed")‚ which is composed of 12 regional Federal Reserve Banks located in major cities throughout the country. The main tasks of the Federal Reserve are to supervise and regulate banks‚ implement monetary policy by
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