TOP MANAGEMENT OFFICIALS THE GOVERNOR * Chief executive of the Central Bank. Powers and duties are: * To prepare the agenda for the meeting of the Monetary Board and to submit for the consideration of the Board the policies and measures which he believes are necessary in carrying out the purposes and provisions of the Central Bank Act; * To execute and administer the policies and measures approved by the Monetary Board. * To direct and supervise the operations and internal
Premium Governor Bangko Sentral ng Pilipinas Central bank
UNIVERSITY COLLEGE LONDON EXAMINATION FOR INTERNAL STUDENTS : ECON7003 : ECON7003A MODULE NAME : Money and Banking DATE : 30-Apr-12 TIME : 14:30 TIME ALLOWED : 2 Hours 0 Minutes MODULE CODE ASSESSMENT PATTERN 2011/12-ECON7003A-001-EXAM-310 ©2011 University College London TURN OVER ECON7003. MONEY AND BANKING. Exam‚ Summer 2012. TIME ALLOWANCE: 2 HOURS The exam is in two parts. Part A accounts for 30 marks. Part B accounts for
Premium Central bank Monetary policy Fractional-reserve banking
Recently most of the countries confront an unprecedented economic crisis‚ though the intensity of the same has‚ of late‚ palliate itself. There occurred a serious devolution of the value of money. It is delinquent to the sky kissing prices of crude oil and food: the devil pivots of earthly economy. Paddy prices have escalated to 1000 a tons qualification the poor countries to spend 60 percent of income on food. likewise OPEC who is determined to prosper at the cost of global fraternity This ruinous
Premium Petroleum Unemployment Iran
BANGKO SENTRAL NG PILIPINAS The Bangko Sentral ng Pilipinas (BSP) is the independent central monetary authority of the Republic of the Philippines. Established under the New Central Bank Act of 1993‚ the BSP is primarily mandated by law to ensure the maintenance of price stability conducive to a balanced and sustainable growth of the economy. Policy-Making Body The Monetary Board is the highest policy-making body in the BSP. It consists of five full-time private sector representatives and
Free Monetary policy Inflation Central bank
Introduction In 1911‚ Commonwealth Bank of Australia (CBA) is the major financial establishment among the country founded by government and it started operating in 1912 both as saving and general bank (www.banks.com.au). The Commonwealth Bank of Australia is one of Australia’s driving monetary organizations. So customer feel consoled that their funds will be in safer hands. It is leading provider of integrated financial service like retail banking‚ superannuation‚ insurance‚ investment etc. Their
Premium Bank Finance Australia
The Future of Leasing Based on the analysis of Vinod Kothari (1998)‚ leasing was a potential boon for small and medium-sized businesses in Thailand. In his web site‚ an article published on Bangkok Post in 1998 and the Research Department of Bangkok Bank provided bright‚ positive future for local leasing business due to curtailment of credit by commercial banks and other financial institutions as a result of financial crisis. Kothari (1998) further stated that the percentage share of credit extended
Premium Bank Bangkok Commercial bank
The Bangko Sentral ng Pilipinas (The New Central Bank) Change in the system of the Monetary Board: (2) from the Government‚ (5) from the private sector. Objectives: Adoption of price stability Conductive to a balance sustained growth Maintenance of monetary stability Convertibility of the peso Bangko Sentral strengthens the regulations and supervision framework for banks and quasi-bank. Chronology of Events: Central Banking in the Philippines 1900 Act No. 52 was passed by the First Philippine
Premium Central bank Bank Interest rate
The new BSP logo is a perfect round shape in blue that features three gold stars and a stylized Philippine eagle rendered in white strokes. These main elements are framed on the left side with the text inscription “Bangko Sentral ng Pilipinas” underscored by a gold line drawn in half circle. The right side remains open‚ signifying freedom‚ openness‚ and readiness of the BSP‚ as represented by the Philippine eagle‚ to soar and fly toward its goal. Putting all these elements together is a solid blue
Premium Inflation Central bank Philippines
Internal Rate of Return In investment decision analysis you may need to calculate internal rate of return. “Internal rate of return (IRR) is the discount rate that gives the project a zero NPV” (McLaney‚ 2006). It is a good choice to use for investment projects. There is a formula for the internal rate of return: (A is the lower discount rate and B is the higher rate‚ a is the NPV at the lower rate and b is the NPV at the higher rate.) For example the Net Present Value (NPV) is 88 when the
Premium Net present value Investment Time value of money
Accounting rate of return Accounting rate of return (also known as simple rate of return) is the ratio of estimated accounting profit of a project to the average investment made in the project. ARR is used in investment appraisal. Formula Accounting Rate of Return is calculated using the following formula: ARR = Average Accounting Profit Average Investment Average accounting profit is the arithmetic mean of accounting income expected to be earned during each year of the project’s life time
Premium Net present value Depreciation Rate of return