Lecture 11: Handout The Regulation of Banks Date: 28 April 2004 Module: International Banking Why Regulate Banks? Banks are intermediaries between money suppliers and those who need money. Commercial banks are most heavily regulated financial institutions. Five main reasons for regulation: I. The first is to ensure the safety and soundness of banks. The purpose is to maintain I) domestic and II) international confidence‚ III) protect depositors and ultimately taxpayers
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“ CONTRIBUTION OF FOREIGN EXCHANGE DEPARTMENT IN THE NET PROFIT OF EXIM BANK ” Prepared for Alamgir Hossain Lecturer M. H. School of Business‚ Presidency University. Prepared By Harun-or-Rashid Howlader ID.082 116 025 Course Code: INT-495 M. H. School of Business Presidency University date of submission APRIL 23‚ 2012 Letter of Transmittal
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CENTRAL BANKS‚ STOCK EXCHANGE AND COMMERCIAL BANKS CENTRAL BANKS A central bank is the main national bank that provides a government and its commercial banking system with financial and banking services controlling the government’s monetary policy and issuing currency. Functions of a central bank include: • It has the sole right to issue currency – it maintains uniformity in the currency and manages it accordingly using knowledge about the economy • It is a banker‚ advisor and agent to the government
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INTRODUCTION The National Bank of Pakistan is a Commercial Bank and transacts all types of Banking Business. The National Bank of Pakistan was established on November 29‚ 1949 as a semi public commercial bank. The Bank has the distinction of acting agent of the State Bank of Pakistan and operates treasuries where the State Bank of Pakistan does not have any office. The Head Office of the Bank is at Karachi. Ever since its establishment in 1949 it has been leading Commercial Bank of the nation‚ sole
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Bangladesh Bank is the Central bank of Bangladesh. It is the monetary authority of the country. It came into existence under the Bangladesh Bank Order 1972 (Presidential Order No. 127 of 1972) which took effect on 16 December 1971. Through this order‚ the entire operation of the former State Bank of Pakistan in the eastern wing was transferred to Bangladesh Bank. Bangladesh Bank has 9 branch offices‚ two in Dhaka city (Sadarghat and Motijheel)‚ and one each in Chittagong‚ Khulna‚ Rajshahi‚ Sylhet
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------------------------------------------------- List of banks in the Philippines From Wikipedia‚ the free encyclopedia The Philippines has a comprehensive banking system encompassing various types of banks‚ from large universal banks to small rural banks and even non-banks. As at 31 March 2011‚ there are 19 universal banks‚ 19 commercial banks‚ 73 thrift banks‚ 595 rural banks‚ 40 credit unions and 15 non-banks with quasi-banking functions‚ all licensed with the Bangko Sentral ng Pilipinas(Central Bank of the Philippines) under Republic
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INTRODUCTION: Generally by the word “Bank” we can easily understand that the financial institution deals with money. But there are different types of banks such as; Central Banks‚ Commercial Banks‚ Savings Banks‚ Investment Banks‚ Industrial Banks‚ Co-operative Banks etc. But when we use the term “Bank” without any prefix‚ or qualification‚ it refers to the ‘Commercial banks’. Commercial banks are the primary contributors to the economy of a country. So we can say Commercial banks are a profit-making institution
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Foreign Remittance Activities and Financial Performance of The City Bank Limited Report on Foreign Remittance Activities and Financial Performance of The City Bank Limited Introduction: In today’s world‚ a bank performs several general banking activities in line with its different internal departments. All the departments which are providing Foreign Remittance services are very much important while dealing with customers. Bank earns its operating profit through functional activities of Foreign
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INTERNSHIP REPORT CITI BANK LIMITED [pic] SUBMITTED TO: Head of internship committee. Department Of Business Administration Bahauddin Zakariya University Multan Sub Campus Sahiwal SUBMITTED BY: Muhammad Umair Waqas BBA(Hons.) 6th semester Roll no: BBS-06 Department Of Business Administration
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Bank of England The Bank of England‚ is the central bank of the United Kingdom . Established in 1694‚ it is the second oldest central bank in the world‚ and the world’s 8th oldest bank if you include commercial banks. It was established to act as the English Government’s banker‚ and to this day it still acts as the banker for the U.K Government‚ the Bank was privately owned and operated from its foundation in 1694 but it was nationalised in 1946. The bank of England has about £156 billion pounds
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