The Role of Entrepreneurship in Economic Development The entrepreneurs with their ability to scan‚ analyze and identify opportunities in the environment transform them into business proposition through creation of economic entities. Entrepreneurship and economic development are intimately related. So‚ that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country‚ entrepreneurship
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Functions and the roles of the central bank Central Bank of Malaysia also known as Bank Negara Malaysia (BNM) was established on 26 January 1959 under the Central Bank Ordinance 1958. The main functions and roles of central bank are: Supply currency‚ act as custodian of banks’ reserves and control value of Malaysian currency; Act as government’s banker and financial adviser; Ensure financial stability and strong financial structure; Act as commercial banks’ banker; Control and influence the
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Adverse Effects of NPA on the Working of Commercial Banks NPA has affected the profitability‚ liquidity and competitive functioning of PSBs and finally the psychology of the bankers in respect of their disposition towards credit delivery and credit expansion. Impact on Profitability Between 01.04.93 to 31.03.2001Commercial banks incurred a total amount of Rs.31251 Crores towards provisioning NPA. This has brought Net NPA to Rs.32632 Crores or 6.2% of net advances. To this extent the problem
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TRADE FINANCE ROLES OF BANKS Prepared by Goodluck Nkini Manager Trade Finance CRDB Bank Limited. March 2005 Definition: Trade financing is the provision of any form of financing that enables a trading activity to take place and which may be made directly to the supplier‚ to facilitate procurement of items for immediate sale and/or for storage for future activities‚or it could be provided to the buyer‚ to enable him meet contract obligations. Importance of Trade Finance The availability
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4 Bangladesh* – Dr. Atiur Rahman and Mohammed Abu Eusuf1 B angladesh 2 is one of the most densely populated countries in the world. The poor Bangladeshi economy‚ with a low per capita income and a large population‚ reveals some clue to the abject humanitarian situation in the country. PROFILE Population: GDP (Current US$): 51.9 billion*** Per Capita Income: (Current US$) Recently‚ Bangladesh has introduced a freely floating exchange rate system. Since the abandonment of the
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Administration Curriculum‚ Mohammad Maruf Islam‚ author of this report was placed in Export Import Bank of Bangladesh Limited‚ Shimrail Branch‚ Shiddirgonj‚ Narayangonj by the Human Resources Division of EXIM Bank Ltd. as part of the internship program requirement. This report is prepared for the internship program consisting of a major in depth study of the “General Banking Activities of EXIM Bank Limited”. The internship program exercises a significant importance as it enables a student to familiar
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workers‚ while those‚ being small ones‚ are worth Taka 5.0 million to 100 million and/or employ 25 to 99 workers at the individual enterprise level and medium enterprises are worth Taka 100 and 300 million and/or employ 100 to 250 workers each. Bangladesh Bank and Ministry of Industry defined SMEs in line with the Industrial policy 2010 as follows: Table Value(replacement cost) of fixed assets excluding land and building No. of employees Small Industry Enterprise Manufacturing BDT 50 lac to
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them under an organization. Therefore‚ as an internee I have completed my practice session and prepared this required report based on investigations carried out by me in National Bank Limited (NBL). As an internee student I have tried my level best to cover the contemporary credit risk management system of National Bank Limited in this report. 1.2 Objectives: Broad Objective: To analyze the Credit Risk Management policy. Specific Objective: To attain the broad objective the following specific
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the country are met from ground water. In such a backdrop ground water table goes below the suction level of STW and HTW‚ especially in the dry season due to misuse. This hampers supply of water for irrigation as well as drinking in many places of Bangladesh. Of late the quality of water has been traced to deteriorate with excessive arsenic contamination and iron concentration resulting in health hazard. Rural Development Academy (RDA)‚ Bogra has successfully carried out experiments in the field of
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financial intermediaries. Most financial institutions are highly regulated by government. Broadly speaking‚ there are three major types of financial institutions: 1. Deposit-taking institutions that accept and manage deposits and make loans‚ including banks‚ building societies‚ credit unions‚ trust companies‚ and mortgage loan companies 2. Insurance companies and pension funds; and 3. Brokers‚ underwriters and investment funds. Function Financial institutions provide service as intermediaries of
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