The Equitable Banking Corporation is the first commercial bank licensed by Central Bank of the Philippines and in 1955 the bank opened its first metro manila branch located at divisoria. On 1973 the bank established its first foreign branch in hongkong and also the first filipino bank in the crown colony‚ after a year Equitable Bank Foundation engaging in non-profit‚ social‚ cultural and charitable activities. During 1977 Central Bank of the Philippines granted EBC its foreign currency deposit
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stable in an increasingly global business environment. The Indian bankingsystem has witnessed a series of reforms in the past‚ like deregulation of interest rates‚ dilution of government stake in PSBs‚ and increased participationof private sector banks. It has also undergone rapid changes‚ reflecting a number of underlying developments. This trend has created new competitive threats as well as new opportunities. This paper aims to foresee major future banking trends‚ based on these past and current
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going to the bank to make a deposit. I never would ask them what deposits were. A few years had passed and I finally asked my parents what deposits were? My father told me a deposit is something you take to the bank. And I said is it money? And why do you take your money there can’t you just keep it in your pocket? And he told me son if I were to keep the money in my pocket I would probably end up losing it or spend it. Ever since then I knew that I wanted to take my money to the bank. That was the
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Investment banks do not engage in retail banking DIFFERENCES WITH COMMERCIAL BANKING DIFFERENCES WITH COMMERCIAL BANKING DEPOSITS LOANS DIFFERENCES WITH COMMERCIAL BANKING 1933 Glass-Steagall Act In the US‚ Investment and Commercial banking activities were separated - I.B.’s were no longer allowed to receive customer deposits and offer retail banking services. - Comm. Banks no longer allowed to underwrite securities. Glass-Steagall Act repealed in 1999. Today Today‚ large US banks (e.g.‚ Bank of
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Resources and capabilities of capitec bank: 1. What resources and capabilities made Capitec successful? Capabilities- The individuals who came together to start Capitec came from a strong financial and micro-lending background; they had a very good understanding of the banking systems. They started this business well equipped. Resources- Capitec was originally capitalized with R350 million was worth R2.2 billion and the results which were released in September 2006 showed a 23% return on
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Grameen Bank | | |[pic] | |Type |Body Corporate (Bank Ordinance) | |Industry |Finance | |Founded |1983 | |Headquarters |Dhaka‚ Bangladesh
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dealing of illegal drugs‚ drunk driving‚ and bank robbery. Crime is an act that has been timeless and committed practically since the start of time. "Daddy‚ when are you going to buy a new car?" I asked my father‚ looking at my old car. "Very soon"‚ my dad said. It was a Monday morning‚ and I was having summer vacation. My dad took out his cheque book and wrote something on it. I asked him what was he writing. He told me that he was going to the bank for cash to buy a new car. I asked him if I
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ID : 1613946 CLASS: TUTORIAL 13 (12339) Banks play a central role in the economy‚ they create and maintain the flow of money between surplus and deficit unit and by this facilitate the process of production‚ distribution‚ exchange and consumption of wealth. If there were no bank activities‚ a large of amount of capital of the economy would be idle. Hence‚ banking activities are vital for the development of an economy. Another function of the bank is risk spreading. They transform risky asset
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This is damn serious! Really Russell? According to an undisclosed news source‚ rapper Azealia Banks claimed something that is unexpected. It’s not good news‚ but it’s really bad. She claimed that legendary and well-respected actor Russell Crowe just assaulted and choked her in his hotel room. Not only that‚ he even called her a "N****R"‚ choked and threw her out. She even said that the men in his room allowed it and felt terrible on that day. She can’t believe that none of those men are going to
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Hardness Tests and Charpy Impact Test Objectives: 1) To compare the hardness between mild steel‚ carbon steel through Vickers Hardness Test. 2) To compare the hardness between High Quality Carbon Steel and ASSAB steel through Rockwell Hardness Test. 3) To compare the hardness between carbon steel and mild steel through Brinell Hardness Test. 4) To study the differences between mild steel and carbon steel upon Charpy Impact Test. Introduction: Hardness is a measure of the resistance
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