BANKING BUSINESS A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank links customers that have capital deficits and customers with capital surpluses. Due to their importance in the financial system and influence on national economies‚ banks are highly regulated in most countries Banks act as payment agents by conducting checking or current accounts for customers‚ paying
Premium Marketing
Asia Pacific │ Singapore CapitaMall Trust (CMLT.SI) Alert: NDR Takeaways We hosted CMT management on a non-deal roadshow to Hong Kong — Key Company Update Event takeaways are presented below. Investors were interested in management’s view on current trends in the retail sector (especially in light of the labour crunch) as well as acquisition and asset enhancement opportunities. 6.2% rental reversion in 1Q was a positive surprise — CMT registered 6.2% rental reversions in 1Q13
Premium Financial services
INTRODUCTION AND OVERVIEW OF ELECTRONIC BANKING In the era of globalization and modernization‚ the global economic growth has an enormous impacts in terms of technology subsequently it leads to the development of the digital economy. Typically‚ customers are increasingly demanding more value at least cost and as quickly as quickly as possible. Therefore‚ in 1981‚ electronic banking (e-banking) in Malaysia was began which the existence of ATM then followed by phone banking in 1990. After that‚ the revolution
Premium Bank Mobile phone Online banking
A STUDY ON WORKPLACE STRESS AMONG WOMEN WORKING IN BANKING INDUSTRY By ASSISTANT PROFESSOR: CHARU MODI ABSTRACT Women in India have served a lot after independence. From just a experienced homemaker‚ women today have gained skills and potential of not just being a homemaker but being at parity with their male counterpart. Moreover‚ varying roles of working women‚ they have preserved the conventional work culture of household. Now a day the companies are thriving towards high rate that the women
Premium Stress Occupational health psychology
PAGE: COMPARATIVE ANALYSIS OF PERFORMANCE OF BANKS IN MALAYSIA:ISLAMIC AND CONVENTIONAL BANKS FROM 2006 to 2010 By: SATHESH A/L GOPINATHAN B0702069 Graduation Project Submitted to the Department of Business Studies‚ HELP University College‚ in Partial Fulfillment of the Requirements for the Degree of Bachelor of Business (Finance) Hons OCTOBER 2011 DECLARATION OF ORIGINALITY & WORD COUNT I hereby declare that the following graduation project is actually based on my original work except for
Premium Islamic banking Bank Fractional-reserve banking
BANKING TERMS PAGE-1 The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. Account Agreement: The contract governing your open-end credit account‚ it provides information on changes that may occur to the account. Account History: The payment history of an account over a specific period
Premium Bank Cheque
Core banking and its importance in today’s banking environment 1.1. Definition and functionality Before elucidating what drives banks to modernize their core banking systems and how to start a major project like this it is important to understand what the term core banking refers to and how a core banking system is defined. The answer to the question “what is a core banking system?” varies by whom you ask. However‚ the answer is significant for the scope of a core banking modernization initiative
Premium Bank
The foundation of Islamic bank is based on the Islamic faith and must stay within the limits of Islamic Law or the Shariah in all of its actions and deeds. The original meaning of the Arabic word Shariah is ’the way to the source of life’ and is now used to refer to legal system in keeping with the code of behaviour called for by the Holly Qur’an (Koran). Amongst the governing principles of an Islamic bank are : * The absence of interest-based (riba) transactions; * The avoidance of economic
Free Islam Sharia Muhammad
Chapter 1 Introduction 1.1 Background Islamic legal principles regulate the conduct and content of commercial transactions in Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest
Premium Corporate finance Finance Fractional-reserve banking
are the different types of banks? Banks’ activities can be divided into: * Retail banking - Dealing directly with individuals and small businesses; * Business banking - Providing services to mid-market business; * Corporate banking - Directed at large business entities; * Private banking - Providing wealth management services to high net worth individuals and families; * Investment banking - relating to activities on the financial markets. Most banks are profit-making‚ private
Premium Bank Banking