The impact of IT in efficiency and effectiveness of banking sector in Sri Lanka THE INFORMATION TECHNOLOGY AND ITS IMPACT IN EFFICIENCY AND EFFECTIVENESS OF THE BANKING SECTOR IN SRI LANKA (WITH REFERNCE TO PEOPLE’S BANK AND PLC COMMERCIAL BANK PLC IN SRI LANKA) AUTHOR: M.R.M. FAZMEER 2005/2006 FMC SOUTH EASTERN UNIVERSITY OF SRI LANKA What is information technology? The study or use of computers and telecommunications for storing and sending Information (Oxford dictionary‚ 2003) “The information
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A customer profitability analysis is an evaluation process that focuses on assigning costs and revenues to segments of the customer base‚ instead of assigning revenues and costs to the actual products‚ or the units or departments that compose the corporate structure of the producer. Approaching profitability from this angle can sometimes provide valuable insights into how each step of the process of designing‚ manufacturing‚ and ultimately selling a good or service incurs cost and generates revenue
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Definition of bankers Commercial definition vs legal definition. Bills of Exchange Ordinance (Cap. 19) (BEO) S.2: • “banker" includes a body of persons‚ whether incorporated or not‚ who carry on the business of banking. BO s.2: • "banking business" means the business of either or both of the following- (a) receiving from the general public money on current‚ deposit‚ savings or other similar account repayable on demand or within less than the period specified in item 1 of the 1st Schedule
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bargaining power of both parties‚ whether the consumer understood the terms in the contract‚ and whether undue influence or pressure was applied. In Commercial Bank of Australia v Amadio
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The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
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Accounts Payable: This is the amount of money that is owed for the purchase of either goods or services from any organization or any entity at a particular date. This is a kind of current liabilities. This term is showed in the Balance Sheet as part of the Total Liability of the organization. Importance of Account Payable: Accounts Payable is one of the major liabilities for an organization. An organization must clearly and precisely identify the amount of Accounts Payable to compare the liability
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Key Success factors for a Commercial Bank in Dar es Salaam. 2.1 Branch network One of the most important factors that commercial bank must possess to be successful in Dar es Salaam is branch network. Branches are the distribution channels for the bank services and a well spread network of branches provide the bank with ability to reach the mass population of the Dar es Salaam city. As important as the number of branches is the location of these branches. Those banks that have managed to identify
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of the Report This internship report entitled “Banking Practice & Guiding Laws thereof: NCC Bank Perspective.” has been started at the November 2011 under the instruction of our honorable intern supervisor & instructor Syed Shamsir Hossain. Asst. Vice President & Manager for the partial fulfillment of the requirement. 1.2. Objectives of the report Main objective of the report is to analyze the “Banking Practice & Guiding Laws of NCC Bank Ltd.” Moreover‚ the study also embodied the following
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Attitudes toward Unsolicited Commercial E-mail and Postal Direct Mail Marketing Methods: Intrusiveness‚ Perceived Loss of Control‚ and Irritation by Ricky R. Roulston Data Analysis Methods BSBA #4 PURPOSE Utilizing Psychological Reactance as the framework‚ the study presented in this article sought to comprehend the nature and significance of consumer perceptions in relation to two primary direct marketing methods: unsolicited commercial e-mail (spam) and postal direct
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BIRTHDAY CAKE INGREDIENTS 1 recipe White-on-White Buttermilk Cake Recipe‚ below 1 recipe Swiss Meringue Buttercream 1/4 cup each green and pink Marshmallow Fondant (MMF) or Rolled Fondant 2 small sticks or branches from non-toxic tree(I used lemon branches) Small faux bird from craft store Thick white thread or white dental floss Small glue dots INSTRUCTIONS STEP I: MAKE THE WHITE-ON-WHITE BUTTERMILK CAKE WHITE-ON-WHITE BUTTERMILK CAKE by Sarah Phillips Makes three‚ 9 x
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