relationships. It is important at this juncture to trace the genesis of mobile banking in Kenya. In 2005‚ a development agency requested for proposals from interested parties on cost effective ways of deepening Kenya’s financial sector through enhanced access to financial services and products. Safaricom‚ a mobile service provider in collaboration with Vodafone UK‚ one regulated commercial bank and two microfinance institutions submitted a proposal based on the use of mobile phones to
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discrimination between the banks no longer exist‚ the services of almost equivalent. The bank do more advanced technology will certainly capture the advantage. Most of the banks are using computers to automate the processing stage to optimize performance and limit manually. Banking industry is becoming more competitive. Customers today have more opportunities to reach more information. They have more options in choosing the bank for the transaction. This will cause more difficult for banks to attract and
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Chapter-01 Organization Part 1.1 Introduction of Organization : The BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) established as a banking company under the Companies Act 1913 launched its operation in 1989. It is governed by the Banking Companies Act 1991. At the outset‚ the Bank started as a joint venture enterprise of the BCC Foundation with 70 percent shares and Government of Bangladesh with the remaining 30 percent
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Company Profile Name: Eastern Bank Limited Year of establishment: With a vision to become the bank of choice and to be the most valuable financial brand in Bangladesh‚ Eastern Bank Ltd. (EBL) was formed on August 08‚ 1992 and commenced its journey as a scheduled bank with effect from August 16‚ 1992. Company briefing: Over the years EBL has established itself as a leading private commercial bank in the country with acknowledged leadership in Corporate Banking and a strong Consumer and SME growth
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Chapter One 1.1 Introduction : Global banking scenario has been changed; Cheques are now passing away and e-banking are widely welcomed as well as the statutory reforms has also been implemented in this regard for check and balance in this regard. E-Banking redeemed us a new metamorphose banking system and the advent of such banking propelling the status of business in a wide range. Globalization creates an environment where Bangladesh’s banks are to stay within the competition‚ they will have
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Report on General Banking Activities of Sonali Bank Ltd. Mirpur-1 Branch‚ Dhaka. Prepared For: Md. Ashikur Rahman Lecturer‚ Dept. of Business Administration World University of Bangladesh Prepared By: Md. Shahidul Islam ID No: WUB 01/07/12/347 BBA 12th Batch Dept. of Business Administration World University of Bangladesh Date of Submission: May 2012 GENERAL BANKING ACTIVITIES OF
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concurrent with the economic development created a demand for banking products and services to support the new initiatives as well as to channelize consumer investments in a profitable manner. A group of highly acclaimed businessmen of the country grouped together to responded to this need and established Dhaka Bank Limited in the year 1995. The Bank was incorporated as a public limited company under the Companies Act. 1994. The Bank started its commercial operation on July 05‚ 1995 with an authorized
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1.1. Introduction This study is about Investment Management System of Al-Arafah Islami Bank Limited (AIBL)‚ Investments are operating by this bank with Islami sharia formula as no interest payment system but give profit from client deposit amount. Investment practice consists of some stage like Selection of the client‚ Application stage‚ Processing and appraisal‚ Sanctioning stage‚ Documentation stage‚ Disbursement stage‚ Monitoring & Recovery stage. It has been found that the investment process
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Chapter 5: Performance Evaluation To evaluate the performance of BRAC bank Limited the following parameters are considered in the next part of the paper. 1. Asset 2. Deposit 3. Investment 4. Operating Profit 5. Capital Adequacy 6. Loans & Advance 7. Non-funded Income 8. Revenue per Employee 9. Operating Cost per Employee 10. Cost to Income Ratio 11. Operating Cost as a Percentage of Loans and Advances 12. Fund Management 13. Earning Per Share (EPS)
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EXECUTIVE SUMMARY Today‚ necessity of a Bank as a financial institution is undeniable. A country is financially rice when it has modern financial institutions of its own. These institutions play a vital role in the field of financial stability of a country. Banking sector is on of the stable financial institution of a country. Due to globalization and technological changes‚ the give effective real time service to their customers. For giving friendly service to the customers they need experienced
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