...Luxury Housing in India The total value of luxury homes, launched in 182 luxury residential apartments, offering a total of 25,570 units across the top seven cities of NCR-Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata in 2008-2012 was around USD 30 billion. The annual sales of luxury houses currently stood at around US$ 4.3 Billion in 2010, and are expected to grow at a CAGR of over 30% during the forecast period (2009-2013). 1) Bangalore is at the top of the chart as more than 50% of total luxury units launched in 2012. 2) Pune has a contribution of nearly 8%," 3) Hyderabad has also seen an upward trend Cities like Mumbai, Kolkata, and the NCR have witnessed a decrease in the total luxury units launched in 2012 in comparison to 2011. % of luxury housing amongst total housing Bangalore 7% Mumbai 5% Hyderabad 5% Expansion rate in prominent areas Goregaon East in Mumbai 44% Gurgaon in the NCR 42% Western Hyderabad 13% Hebbal in Bangalore 21% Online Real Estate market: Real estate video tours offer the prospective customer the benefit of viewing the entire showcased property from the comfort of his/her home. A video footage of the agent, complete with narration and graphics, is indispensable from the perspective of establishing brand identity. Magicbricks.com claims to be India’s leading property portal in terms of traffic, and provided propertyportalwatch.com with comScore figures to support this claim. These figures, covering December...
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...The main issue of this case is whether Josie Esquivel should stay at Lehman Brothers or accept Morgan Stanley’s job offer. There are three possible alternatives to solve this problem, which are (1) stay at Lehman Brothers; (2) accept Morgan Stanley’s offer; (3) Leave Lehman Brothers and find and another job but not to accept the offer of Morgan Stanley. Following are feasibility analysis of each alternative. Stay at Lehman Brothers Strengths: • Esquivel can continue to build her franchise • Lehman’s research department was ranked number one on the Institutional Investor’s All-America Research Team • Fred Fraenkel was in charge of Lehman’s research department, which means Esquivel can work comfortably with her colleague. Also, she was personally very loyal to him. • The Lehman’s performance evaluation system was fair Weaknesses: • Esquivel was not financially rewarded for her performance • Lehman was not investing considerable resources in Esquivel’s sector • Esquivel’s trust relationships were gone with Lehman’s cost cutting • In order to keep successful in her industry, Esquivel needed to conduct a larger workload with lesser resources and little appreciation. • Lack of competition; characterized life at Lehman had dissipated during the late eighties The feasibility of this alternative is very low. According to the strengths and weaknesses analysis above, the challenge of Esquivel is very small if she stays at Lehman Brothers. However, Esquivel concluded that she...
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...Categories or From Our Search Bar (http://hwguiders.com/ ) Two lenders Sears and Roebuck use are HSBC Bank USA, National Association, and CitiCard. HSBC Bank USA, National Association is a bank that operates out of New York City with it s head office in Mclean Virginia (“RENAISSANCERE HOLDINGS LTD 2007). The bank is chartered in the National Bank Act and the Office of the controller of the currency, which is a part of the US Department of the treasury, regulates this bank (“8-K: HSBC USA INC /MD 2007). Sears credit card business is operated by CitiCard the world’s largest provider of credit cards. The investment back that Sears and Roebuck use to issue stock is Citi Bank. An investment back its job is to raise capital for Sears. Citi Bank sells securities to public investors in order to do this. The securities can come in the form of bonds or stocks. An investment bank performs two functions; mergers and acquisitions advisory and underwriting. The mergers and acquisitions side of the corporate finance, bankers perform the negotiating and mergers between two companies. Underwriting involves the process of raising capital for the company. Citi Bank as the investment banker of Sears acts as a conciliator matching sellers stock and bonds with buyers of stocks and bonds. As an investment bank, Citi spends sufficient amount of time finding investors in order to obtain capital for its clients. FIN 324 Week 5 Learning Team Assignment Investor Profile Paper Get Tutorial by Clicking...
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...State Banks and the National Banking Acts: A Tale of Creative Destruction By Matthew Jaremski† Vanderbilt University Job Market Paper November 2010 Abstract: The National Banking Acts and their supporting legislation led to 303 state bank closures and 879 charter conversions between 1863 and 1869. This paper analyzes the sudden reorganization using the period’s first complete bank-level census. The data suggest that the national capital requirements prevented many existing banks from converting to a national charter, whereas a tax on state bank notes was responsible for the large number of closures. Moreover, the requirements prevented new national banks from replacing closed state banks. The legislation thus redistributed capital to developed cities along the “Manufacturing Belt”, potentially fueling the growth of factories and the populist movement after the Civil War. JEL: (E22, G21, N21) Keywords: Free Banking, National Banking, U.S. Economic History, Bank Regulation. † Dept. of Economics, Vanderbilt University, VU Station B #351819, 2301 Vanderbilt Place, Nashville, TN 37235-1819. Tel.: 214-284-9558 E-mail: matthew.s.jaremski@vanderbilt.edu 1. Introduction Bank regulators walk a delicate tightrope. On one hand, they must stabilize the financial system to prevent future crises. On the other, they must allow bank expansion to facilitate future economic growth. Attempting to reform the free banking system, the National Banking Acts of 1863 and 1864 has been criticized...
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...Credit Management Activities Proposal on The City Bank Limited. Prepared for American International University-Bangladesh Submitted to TASEEN, M CHOWDHURY Faculty of AIUB (Finance Department) Prepared by Name: Akter Rume ID: 07-09524-3 Introduction Generally by the word “Bank” we can easily understand that the financial institution deal with money. But there are different types of banks such as; Central Bank, Commercial Bank, Saving Bank, Investment Bank Co-operative Bank etc. But where we use the term “Bank” without any prefix or qualification, it refers to the ‘Commercial Bank’. Commercial Bank is the primary contribution to the economy of a country. So we can say Commercial bank are a profit-making institution that hold the Deposit of individual & business in checking & saving account and then use these fund to make loans. As, Bank profit earning concern, they collect deposit at the lowest possible cost and provide loans and advance at higher cost. The difference between two are the bank profit. The City Bank Limited The City Bank Limited started its business in 1983 (march 27) with an authorized capital of Taka 20 crore and paid up capital 3.8 crore. The bank has now authorized capital of Taka 175 crore and paid up capital 72 crore with Taka 132 crore as reserves totaling Taka 204 crore as paid Up capital and reserves.The City Bank Limited is manned by 1829 personnel with 83 branches, Including...
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...Bringham (2003), the value of a business based on the going concern expectation is the present value of all the expected future cash flows to be generated by the assets, discounted at the company’s weighted average cost of capital (WACC). From this it can be seen that the WACC has a direct impact on the value of a business. (Johannes and Dhanraj, 2007). The choice between debt and equity aims to find the right capital structure that will maximize stockholder wealth. Debt policy and equity ownership structure “matter” and the way in which they matter differs between firms with many and firms with few positive net present value project (McConnel and Servaes, 1995). Leland and Pyle (1977) propose that managers will take debt equity ratio as a signal, by the fact that high leverage implies higher bankruptcy risk (and costs) for low quality firms. Since managers always have information advantage over the outsiders, the debt structure may be considered as a signal to the market. Ross’s (1977) model suggests that the values of firms will rise with leverage, since increasing the market’s perception of value. Under some conditions capital structure does not affect the value of the firm. Splitting a fund into some mix of shares relating to debt, dividend and capital directly adds value to the company (Gemmille, 2001).Firms has increased their level of debt relative to their profit. As a result, firm debt in general has risen substantially. They found that those firms having lower debt...
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...Mongolian air pollution In Mongolia’s capital, air pollution is 6-7 times higher than the most lenient World Health Organization standards. STORY HIGHLIGHTS * Mongolia’s capital Ulaanbaatar is one the world’s most polluted cities – its “harmful dust” is 6-7 times higher than the most lenient World Health Organization standards. * Luckily, the issue is drawing more attention – International organizations including the World Bank are working with the Mongolian government to find solutions. * A newly-launched project will help local residents install more energy-efficient stoves and boilers & make the urban district heating system more eco-friendly. RELATED WORLD BANK * Download Report: Air Quality Analysis of Ulaanbaatar-Improving Air Quality to Reduce Health Impacts * Project: Ulaanbaatar Clean Air Project * Blog: Mongolia's growing shantytowns - the cold and toxic ger districts MULTIMEDIA VIDEO Mongolia: Curbing Air Pollution in the Capital City Gerelchimeg lives in one of the “ger areas” of Ulaanbaatar, Mongolia’s capital. Ger means nomadic tent in Mongolian – former herders who lost their domestic animals to harsh winters or who are looking for better job opportunities brought their gers to the city and settled on the close-in city outskirts, without piped water, sanitation or basic city infrastructure. Even worse, dwellers of ger areas like Gerelchimeg have to breathe the thick, toxic smog of the city – when breathing, their lungs act...
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...RURAL BANK OF SUARES Description: Since 1974, Rural Bank of Suares remained the only banking institution operating in Suares, Southern Mindanao. Within a few years however, the bank came into serious financial difficulties. Whether because of the lack of foresight, pressure from government agencies during Marcos’ regime and Masagana 99, government’s disastrous countryside lending program, which resulted millions of unsecured and uncollectible loans. For 2 decades, Rural Bank of Suares, burdened by these uncollectible loans, used only the income from any lending activities to write these off. In 1990, stockholders were forced to infuse ₱2,000,000 to reinforce its depleted resources. And in 1993, Rural Bank of Suares reported modest profits for the first time after years of breakeven operations. The stockholders were pleased with the report since it showed growth in both profitability and resources. In 1990’s, during the presidency of Fidel V. Ramos, the Philippine Stock Exchange was one of the best in the world. Philippines 2000 is a socio-economic program introduced by Fidel V. Ramos. The plan envisions the Philippines achieving newly industrialized country status by the year 2000. The stockholders were however surprised by Arguelles’ proposal that the bank should embark on the opening of a branch in the capital city, as its expansion move for 1997, given its small size and its lack of good credit background. Central Problem: The main problem in this case is whether or...
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...INFORMATION SYSTEM OF THE CITY BANK LIMITED Submitted To:- Submitted By:-Mahmudul Hasan,3-13-25-081 Submission Date:-19/10/2014 BACKGROUND The City Bank Limited City Bank is one of the oldest private Commercial Banks operating in Bangladesh. It is a top bank among the oldest five Commercial Banks in the country which started their operations in 1983. The Bank started its journey on 27th March 1983 through opening its first branch at B. B. Avenue Branch in the capital, Dhaka city. It was the visionary entrepreneurship of around 13 local businessmen who braved the immense uncertainties and risks with courage and zeal that made the establishment and forward march of the bank possible. Those sponsor directors commenced the journey with only Taka 3.4 core worth of Capital, which now is a respectable Taka 330.77 core as capital & reserve. City Bank is among the very few local banks which do not follow the traditional, decentralized, geographically managed, branch based business or profit model. Instead the bank manages its business and operation vertically from the head office through 4 distinct business divisions namely a. Corporate & Investment Banking; b. Retail Banking (including Cards); c. SME Banking; & d. Treasury & Market Risks. EMPLOYEES Being one of the oldest private Commercial Banks operating in Bangladesh since 1983, The City Bank Limited (CBL) has come a long way; both in terms its business process...
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...limitations of the report. Origin of The Report: The BBA Program under the department of finance offers a course named “Law & Practice of Banking” which requires submitting a report on a specific topic determined by the course instructor. The report under the headline “A comprehensive Analysis of City Bank Limited” has been prepared towards the purpose. Objective of The Report: There are several objectives to conduct the study which are: * To provide an overall information on City Bank Limited. * To analyze the financial statement of City Bank Limited. * To analyze the ratio of City Bank & compare it to Bank Asia. Methodology: To prepare this report we mainly depend on secondary data. We collected our necessary data from annual report of the City Bank For last five years. Then we calculate its different types of ratio and compare it to Bank Asia. . Scope of The Report: 1.4. Scope of the report: Everything has some advantage which helps that work to be completed thoroughly. We get some scope which helps us to make a standard report. Major of them are- Easy access of information: We have collected information from the annual report of the City bank. It helps us to prepare this report easily. Easy access to internet: We have a very smooth access to internet in our computer lab so that we didn’t face any kind of trouble in this sector. Limitation of The Report: Every study has some limitations. We faced some usual constraints during the...
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...Non-Residents to write Passport No.] [for Company & Registered AOP only] ` 5 6 7 Gender Birth/ Inc. Date ` Male Female Name of Registered Person (Company, Individual or AOP Name) 8 Address Registered Office Address for Company and Mailing/Business Address for Individual & AOP, for all correspondence Office/Shop/House /Flat /Plot No Street/ Lane/ Plaza/ Floor/ Village Block/ Mohala/ Sector/ Road/ Post Office/ etc Province District City/Tehsil Area/Town Activity Code Registry 9 10 Principal Activity Register for Income Tax Sales Tax Federal Excise Withholding agent for I/Tax Withholding Agent for S/Tax Revision N° ` 11 Representative/ Authorized Rep. Rep. Type CNIC/ NTN Address Representative u/s 172 Authorized Rep. u/s 223 Name In Capacity as Office/Shop/House /Flat /Plot No Street/ Lane/ Plaza/ Floor/ Village Block/ Mohala/ Sector/ Road/ Post Office/ etc ` 12 Province District City/Tehsil Area/Town Phone Area Code Number Mobile Area Code Number Fax Area Code Number 13 E-Mail Total Director/Shareholder/Partner (e-Mail address for...
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.../ˈbuːdəpɛst/[1] (Hungarian: [ˈbudɒpɛʃt] ( listen); names in other languages) is the capital and the largest city of Hungary,[2] and one of the largest cities in the European Union. It is the country's principal political, cultural, commercial, industrial, and transportation centre,[3] sometimes described as the primate city of Hungary.[4] In 2011, according to the census, Budapest had 1.74 million inhabitants,[5] down from its 1989 peak of 2.1 million[6] due to suburbanization.[7] The Budapest Commuter Area is home to 3.3 million people.[8][9] The city covers an area of 525 square kilometres (202.7 sq mi)[10] within the city limits. Budapest became a single city occupying both banks of the river Danube with a unification on 17 November 1873 of west-bank Buda and Óbuda with east-bank Pest.[10][11] The history of Budapest began with Aquincum, originally a Celtic settlement[12][13] that became the Roman capital of Lower Pannonia.[12] Hungarians arrived in the territory[14] in the 9th century. Their first settlement was pillaged by the Mongols in 1241–42.[15] The re-established town became one of the centres of Renaissance humanist culture[16] in the 15th century.[17] Following the Battle of Mohács and nearly 150 years of Ottoman rule,[18] the region entered a new age of prosperity in the 18th and 19th centuries, and Budapest became a global city after the 1873 unification.[19] It also became the second capital of the Austro-Hungarian Empire, a great power that dissolved in 1918, following...
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...the advantages and disadvantages of rural bank expanding in cities. The numerical facts they presented gave the credibility to their conclusions. They also offered great alternatives that the bank can use if ever they want to expand in cities. Each steps of doing each alternative is also presented in a logical manner. The report can be more useful if they included additional information about the cost that they could incurred in doing those alternatives. In their presentation, the group answered the question “what is the best expansion strategy that the Rural Bank of Suarez implement in the Capital City?” Their report discussed five different alternatives for a rural bank to implement in the capital city. Moreover, they used a decision criterion to determine which alternative is the most effective and efficient way to expand. Such result is significant since it provides an idea on how rural banks can enter the market with greater penetration and reduced costs. They also used facts and figures to support their analysis of the strengths, weakness, threats, and opportunities. Such analysis is significant because they point out the importance of having a structured planning method to evaluate the case. Furthermore, the SWOT analysis also indicated the distinction of the Rural Bank of Suarez against other rural banks. An example of which is that the rural bank is already well-founded in terms of popularity compared to other rural banks. Overall, the group has made great use...
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...Municipal Bond Market Development Edited and with an introduction by: Priscilla Phelps, Senior Finance Advisor, Research Triangle Institute November 1997 Environmental and Urban Programs Support Project Project No. 940-1008 Contract No. PCE-1008-I-00-6005-00 Contract Task Order No. 06 Conducted by Research Triangle Institute Sponsored by the United States Agency for International Development Office of Environment and Urban Programs (G/ENV/UP) COTR Sarah Wines Finance Working Papers Table of Contents Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Figures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Part I: Municipal Bond Market Development in Developing Countries: The Experience of the U.S. Agency for International Development . . . . . . . . . . 1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 The Changing Situation of Local Governments and Their Financing Options . . . . . 4 Defining Municipal Financial Market Development . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Strategic Context for Municipal Bond Market Development at USAID . . . . . . . . . . . 8 Technical Summary of Municipal Bond Projects . . . . . . . . . . . . . . . . . . . . . . . . . . 10 USAID Experience...
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...FACTORS THAT INFLUENCE THE CREDIT AVAILMENT OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN TANAUAN CITY A Thesis Presented to the Faculty of College of Accountancy Business, Economics and International and Hospitality Management Batangas State University-JPLPC,Malvar Campus Malvar, Batangas In Partial Fulfillment Of the Requirement for the Degree Bachelor of Science in Business Administration Major in Financial Management By: Chona E. Maquiñana Lorie May R. Catimbang Jonie E. Mendoza October 2013 APPROVAL SHEET This research paper entitled “Factors that influence the credit availment of Small and Medium Enterprise (SME’s) in Tanauan City” as prepared and submitted by ChonaE. Maquiñana, Jonie E. Mendoza and Lorie May R. Catimbang, in partial fulfillment of the requirement for the degree of Bachelor of Science in Business Administration has been examined and is recommended for Oral Examination. ________________________________ KRISTINE ABIGAIL S. DE LUNA, MBA Thesis Adviser Approved by the Committee on Oral Examination with the grade of __________. PANEL OF EXAMINERS _________________________________ ELISA S. DIAZ, MBA, (DBA Candidate) Chairman ____________________ ___________________ JESSIE S. LEONG, Ph. D. LUCINA S. LAT, MBE Member Member Date of oral Examination________________ Accepted...
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