THE BANKING INDUSTRY AND THE NIGERIAN ECONOMY POST-CONSOLIDATION By B. B. EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry
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MARKETING OF BANKING SERVICES. 1. Introduction. Bank Marketing. Why Bank Marketing. Features of Bank Marketing. Services. Characteristics of Services. Difference between Product and Services. 2. Marketing. Features. Marketing of Tools and Techniques. Marketing Mix in Banking. Growth of Service Market. Marketing Approach in Banks. 3. Justification for Marketing the Banking Services. Satisfaction of Customer Needs. Bank Marketing in the Indian Perspective. 4. Articles
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taxable goods and services (unless specifically exempted from tax) whether it is by a taxable person or not. A taxable person is someone who is registered for VAT; as such tax is charged on all goods sold to his customers (output tax) as well as claimed from him by his suppliers (input tax). VAT is also payable on the importation of goods into Mauritius‚ irrespective of whether the importer is a taxable person or not
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A STUDY ON INVESTMENTS IN FINANCIAL MARKETS AT IIFL LTD ABSTRACT A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. The project “Investment in Financial Markets” gives a brief idea regarding the
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Business Report – Faysal Bank Ltd. Uzma Ghaznavi MGT 120 Instructor: Ms. Sobia Shujaat May 19‚ 2011 Acknowledgement We have been helped immeasurably by a number of people who have shared with us their expertise in their respective fields. We would first like to thank our instructor‚ Ms. Sobia Shujaat‚ for guiding us through the report. We would also like to thank the management of IPP for helping us get the permission to conduct the research. We would like to
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population earns its livelihood from this area. Banking sector is considered as a booming sector in Indian economy recently. Banking is a vital system for developing economy for the nation. However‚ Indian banking system and economy has been facing various challenges and problems which have discussed in other parts of project. INDIAN BANKING SYSTEM Without a sound and effective banking system in India it cannot have a healthy economy. The banking system of India should not only be hassle free
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NTERNET BANKING IN INDIA: A GLIMPSE OF ITS ADOPTION AND IMPLEMENTATION IN INDIA REFERENCE: Author: Sonal Chawla Lecturer‚ Dept. of computer science and Applications Punjab University‚ Chandigarh india INTRODUCTION The banking sector in India has undergone a rapid transformation. Almost a decade ago this area was limited to nationalized banks and cooperative. Then came the multinational banks‚ but were these limited to serve small elite. One could consider the past as the "Middle Ages"
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ATMs Credit card such as Mastercard and Visa Money: anything that Is generally accepted in payment for goods and/or services or in the repayment of debts Money and wealth are not the same Business cycle: the up and down movement of aggregate output in the economy Before a recession‚ there is a downturn in the money growth rate but there is no measure that ties the business cycle to the money growth rate Price level: the average price of goods and services in tan economy CPI PCE Inflation:
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Give examples for the supply chain types. Then mention the type is being used in your company. Integrated Make to Stock The integrated make-to-stock supply chain model focuses on tracking customer demand in real time‚ so that the production process can restock the finished-goods inventory efficiently. This integration often is achieved through use of an information system that is fully integrated. Examples: 1- Starbucks Coffee (starbucks.com) 2- It is a usually associated with the industrial
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In the world of banking and finance nothing stands still. The biggest change of all is in the‚ scope of the business of banking. Banking in its traditional from is concerned with the acceptance of deposits from the customers‚ the lending of surplus of deposited money to suitable customers who wish to borrow and transmission of funds. Apart from traditional business‚ banks now a days provide a wide range of services to satisfy the financial and non financial needs of all types of customers from the
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