Executive Summary This report is about bank‚ history and functions contains what I have learned in my six week internship at MCB (Ltd). It starts with its success story and brief introduction of management. This report contains detail about business practices in MCB‚ its current financial statement‚ position‚ working of its different departments in MCB Gojra Branch and about of how a letter of credit is used in bank. The purpose of exercise was to learn while working in practical field‚ especially
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SUMMER INTERNSHIP PROJECT- 2013 SHRI RAMSWAROOP MEMORIAL COLLEGE OF ENGG. & MANAGEMENT Project report of the Summer Internship Project At Topic- “Non Performing Assets” Submitted by: Ritika Srivastava Under the Guidance of Mr. Saleem Khan (AGM-NPA) DECLARATION I hereby declare
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INTRODUCTION Oriental Bank of Commerce (OBC) was started in Lahore‚ Pakistan in 19th February of the year 1943. It made a modest beginning under its Founding Father‚ Late Rai Bahadur Lala Sohan Lal. OBC is a public sector bank engaging in monetary intermediation of commercial banks‚ saving banks and discount houses. In 1947‚ the Bank had to face the holocaust of partition. The bank was nationalized on 15 April 1980. It has its headquarters in Gurgaon‚ Haryana‚ India. Its revenue stands to be Rs
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of Customer Relationship Management (CRM) in banking has gained importance with the aggressive strategies for customer acquisition and retention being employed by banks in today’s competitive milieu. This has resulted in the adoption of various CRM initiatives by these banks to enable them achieve their objectives. The steps that banks follow in implementing Customer Relationship Management (CRM) are: Identifying CRM initiatives with reference to the objectives to be attained (such as increased
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Case 7-1: Case Study Paper On: Great Western Bank I. PROBLEM STATEMENT: The Great Western Bank of San Diego placed an order of 12 special purpose accounting machines with the Data Max Corporation of Cincinnati‚ OH. Great Western Bank and Data Max‚ both agreed to a firm-fixed price of $9‚500 per unit and FOB the shipping point. The purchasing manager of the bank designated a particular carrier (yellow freight) and Data Max returned the signed acknowledgement without making
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Group 2 Rural Bank of Suares Case Synthesis: In a stockholders’ meeting of the Rural Bank of Suares (RBS)‚ Peter Arguelles‚ the bank general manager‚ proposed that the bank should open another branch in the capital city. However‚ the stockholders are reluctant with this motion‚ given that there are branches of the big banks of Manila and already two rural banks in the city. For more than 20 years‚ the Rural Bank of Suares struggled financially because of the government’s lending program. Point-of-View:
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and objectives it requires a good and strong leader to lead the company into the future‚ consequently an effective leader plays a significant role towards the future direction of any organisation (Lewis‚ 2013). The CIBC FirstCaribbean International Bank (CIBCFCIB) organisation strategies were discussed in AC 2.1‚ this paper will develop a leadership strategy that underpins the direction of the organisation. CIBCFCIB strategies aim to address the market trends. The primary business
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Prof. John Adams | Central Bank Independence and Inflation | Monetary and Fiscal Theory and Policy | | `Prepared by: Noha Gamal | ID: 110326 | Central Bank independence either Political or Functional being essential in the control of inflation is an issue of argument and there are different views on it supported by Evidence. This Paper will focus on considering these different point of views starting by describing Central bank independence‚ what central banks do‚ and who controls them
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Centre for Central Banking Studies Bank of England Causes and Management of Banking Crises Tony Latter Handbooks in Central Banking no.12 Handbooks in Central Banking No.12 THE CAUSES AND MANAGEMENT OF BANKING CRISES Tony Latter Series editor: Tony Latter Issued by the Centre for Central Banking Studies‚ Bank of England‚ London EC2R 8AH telephone 0171 601 5857‚ fax 0171 601 5860 July 1997 © Bank of England 1997 ISBN 1 85730 155 2 Also available in Russian as ISBN
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....... 11 Chapter 3: Organizational and Operational Structure of Banks .................................................................... 22 Chapter 4: Internal Control Through Inspection and Internal Audit ............................................................. 28 Chapter 5: Legal Framework and KYC Policies.......................... 35 Part II: Domain of Concurrent Audit Chapter 1: Evolution of Concurrent Audits in Banks................... 59 Chapter 2: General Guidelines on Concurrent
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