refreshing piece of banking. As people who are being pursued just for political reasons can get a breather with a place to bank in total secrecy without being subjected to persecutions [as was in the case of the Nazi regime against bank accounts of Jews and other “enemies of the German state” held in Switzerland (McCreery‚ 2007)]. Because of greater privacy with offshore banking‚ people with special needs that are outside the general retail banking’s scope are catered for through private banking (Casu et al
Premium Bank
Cross Country Comparison of Efficiency in Investment Banking . Nemanja Radić University of Rome ’’Tor Vergata’’‚ Doctorate of Research in Banking and Finance‚ Via Columbia 2‚ Rome‚ Italy‚ e-mail:radic_n@yahoo.com Franco Fiordelisi University of Rome ’’Federico Caffè’’‚ Department of Management and Law‚ Rome‚ Italy‚ e-mail:fiordeli@uniroma3.it Abstract This paper aims to identify the framework for comparing investment banks efficiencies across nations. In order to overcome traditional
Premium Bank
The use of a bank located outside the legal jurisdiction of the country of one’s residence for all banking and financial services can be called offshore banking. Offshore banks normally are situated in tax havens and provide secrecy and safety for the depositors. It was the English who coined the word offshore to specify tax havens located in the British Channel Islands‚ which were actually off the shores of Great Britain. The banks located in these islands offering tax savings were the pioneers
Premium Bank
of SWOT on Internet Banking 1 Yan-Qin Su‚ 2Ying-Jun Sun 1 2 Yan-Qin Su‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Ying-Jun Sun‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Email: suyanqin88@126.com Abstract –With the development of Internet‚ online banking has become a development trend of Bank. It also provides more opportunity for the profits. The advantages of the online banking draw attentions from
Premium Bank
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
Premium Bank Central bank Monetary policy
The American University of Sharjah Fall 11 08 Fall Ghada AL Ghazali ID: 37506‚ Professor: George Naufal The Main concept of Islamic banking vs. conventional banking systems Introduction Islamic finance is one of the fastest growing sectors of the global financial industry. It has become essential in some countries and very relevant in others. Many factors have influenced to the rapid growth of Islamic finance‚ including: (i) high demand in many Islamic countries; (ii) growing
Premium Bank Islamic banking Sharia
What is Investment Banking “A specific division of banking related to the creation of capital for other companies. Investment banks underwrite new debt and equity securities for all types of corporations. Investment banks also provide guidance to issuers regarding the issue and placement of stock.” An investment bank is a financial institution that helps companies take new bond or stock issues to market‚ usually acting as the intermediary between the issuer and investors. In addition to the services
Premium Financial services Bank Bond
1. INTRODUCTION As a specific case of E-Commerce‚ E-Banking is a typical service combining a communication and a distribution channel. E-Banking applications have had a continuous evolution over the time‚ from their apparition in the context of innovation in the banking sector to the relative standardisation and convergence of current state. E-Banking developed and evolved rapidly during the last ten years. IT innovations like web-commerce and secure information exchanges have been a trigging factor
Premium Bank Debit card Credit card
CHAPTER V PROGRESS OF THE BANKING SECTOR IN INDIA AND THE UNION TERRITORY OF PONDICHERRY. 5‚l Introduction Banks constitute an important segment in financial arena of all countries whether developed or developing or underdeveloped. Economic development of every country depends upon financial sector particularly commercial banks. In fact economic development and financial infrastructure go hand in hand. From time immemorial‚ the conventional banker‚ an indispensable pillar of Indian society
Premium Bank
MARKETING OF BANKING SERVICES IN RURAL AREAS Banks today are operating in a highly competitive and rapidly changing environment. In the changing economic scenario‚ a professional approach to business development is essential and the survival of a banking institution depends on its ability to take up challenges coming up in the environment. Developing business through marketing of bank’s services is one of the crucial areas which need attention of the bankers to ensure profitable survival. MARKETING
Premium Marketing