...The Bank for International Settlements is the oldest international financial institution, established in 1930. It survived the conclusion of its major initial objective, a global economic depression, a world war and an ever changing international financial landscape. The BIS fosters international monetary and financial cooperation and serves as a bank for central banks. The BIS was established in the context of the reparation payments imposed on Germany by the Treaty of Versailles after the First World War. The new bank was to take over the functions previously performed by the Agent General for Reparations in Berlin: collection, administration and distribution of the annuities payable as reparations. The Bank's name is derived from this original role. The BIS was also created to act as a trustee for the Dawes and Young Loans, international loans issued to finance reparations and to promote central bank cooperation in general. The reparations issue quickly faded, focusing the Bank's activities entirely on cooperation among central banks and, increasingly, other agencies in pursuit of monetary and financial stability. As a result of allegations that the BIS had helped the Germans loot assets from occupied countries during World War II, the United Nations Monetary and Financial Conference recommended the "liquidation of the Bank for International Settlements at the earliest possible moment." This task was never undertaken. In July 1944, Atchison interrupted Keynes in a meeting...
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...The Bank for International Settlements (BIS) was established on May 17th 1930. The BIS is a result of an intergovernmental agreement by Germany, Belgium, France, the UK, Italy, Japan, the United States and Switzerland. The BIS is composed of 60 central banks, which represents nations from around the globe that together make up around 95% of the world’s GDP. When the BIS was established it was responsible for the collection, administration and distribution of reparations from Germany, like it was agreed in the Treaty of Versailles. Between the 1970s and 80s, the BIS was also responsible for monitoring cross border capital flows as a result of the oil and debt crisis. One of the BIS’s purposes was to be some sort of emergency funder to nations that couldn’t provide for themselves anymore or were in some sort of financial trouble. Its mission is to help central banks become more stable, to act as banks for those 60 central banks, and to also foster international cooperation in monetary and financial stability. The BIS has also served as a trustee and agent for the European monetary System back when Europe was trying to have a single currency. The BIS has had many purposes throughout its existence, but its main focus has always been to maintain global financial stability. The BIS has had some major accomplishments. One of which is when it came to rescue Mexico in 1982 and Brazil in 1998 in their debt crisis. The BIS has helped many countries in time of need. They also helped...
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...A REPORT ON INTERNATIONAL TRADE FINANCE (PROCEDURE, DOCUMENTATION, FOREX AND RISK) - With Reference to KOTAK MAHINDRA BANK The project report is submitted to the Department of International Business in partial fulfillment of course curriculum for the degree of MASTER OF BUSINESS ADMINISTRATION (INTERNATIONAL BUSINESS) Submitted by DURGA ANAND SANIPILLI REG NO: 1105616 Under the guidance of DR.MOHAN K PILLAI, & MR. M RAVI CHANDRA HOD, Department of international business, Associate vice president and BM Pondicherry University. Kotak Mahindra bank Hyderabad. DEPARTMENT OF INTERNATIONAL BUSINESS SCHOOL OF MANAGEMENT PONDICHERRY UNIVERSITY...
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...第Ⅲ部 主要 金融이슈 129 第 3 章 國內銀行의 海外進出 戰略 : 중국을 중심으로 徐 丙 昊 1. 국내은행의 해외진출 필요성 최근 국내의 은행산업은 저성장과 부동산시장에 대한 건전성 규제 강화로 자금운용 상 제약이 커지고 있으며, 경쟁 심화로 순이자마진이 하락하는 등 유기적 성장(organic growth)의 한계에 도달하고 있다. 게다가 금융구조조정 이후 중소기업 및 가계에 대한 새로운 대출수요가 대부분 충족되면서 여신시장은 포화상태에 도달하고 있다. 물론 중소기업대출의 확대와 유가증권관련 평가이익의 증가 등으로 최근 높은 당기순이익을 유지하고는 있으나, 은행간 및 타 금융권과의 경쟁심화로 ROE와 총이 익률 등 수익성지표들이 하락하는 모습도 함께 나타나고 있다. 또한, 향후 자본시장 국내은행 순이자마진 추이 (단위 : %) 2.81 2.80 2.66 2.59 2.50 2.50 2.40 2.62 04Q4 05Q1 05Q2 05Q3 05Q4 06Q1 06Q2 06Q3 자료 : 금융감독원,『은행경영통계』 각 호 및 정례브리핑자료 130 金融動向 / 2007년 여름 국내은행의 총이익률 추이 (단위 : %) 2. 98 2. 99 2. 98 2. 98 2. 92 2. 86 2. 82 2005. Q2 2005. Q3 2005. Q4 2006. Q1 2006. Q2 2006. Q3 2006. Q4 주 : 총이익률=총이익(이자+비이자이익)/실질총자산 자료 : 금융감독원 요구불예금과 CMA증가율 추이 (단위 : %) 41.4 22.2 20.9 11.3 6.7 5.5 -0.7 -9.3 10.3 3.0 2002 2003 2004 요구불예금 증가율 2005 CMA증가율 2006 주 : 1) CMA는 각 회계 연도(3월말) 기준이며, 2006년은 12월말기준임. 2) CMA는 종합금융회사, 증권사의 CMA 수탁금 기준임. 자료 : 금융감독원 第Ⅲ部 主要 金融이슈 131 통합법에 기초하여 자본시장 발전이 예상됨에 따라 은행들의 미래 수익성은 더욱 불투명해질 것으로 보인다. 따라서 국내은행의 해외진출은 미래의 안정적 수익기반 마련을 위해 요구되는 현안이다. 국제화의 성패는 중장기적 비전의 타당성과 단기적 전략의 효율성에 의해 좌우 된다. 해외진출의 역사만 100년이 넘는 Citigroup과 HSBC의 사례에서 보듯이 해외 진출을 통한 국제화는 하루아침에 이루어지지 않으므로 중장기적 비전을 가지고 국제화 달성을 위한 구체적 모델을 세워야 한다. 본고는 국제화의 다양한 패턴을 설명하고, 각 패턴의 장단점을 고려하여 우리나라 은행들에 가장 적합한 국제화 모델을 찾아봄과 동시에 최우선 해외진출 대상 중 하나로 꼽히는 중국시장의 진출 전략에 대해 살펴보고자 한다. 선진은행의 국제화 패턴 132 金融動向...
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...Activities:- A study on International Finance Investment and Commerce Bank LTD Thesis for the partial fulfillment of BBA program of BBA (I) in Management Studies PROJECT PAPER ON Information Technology (IT) for improving Banking Activities:- A study on International Finance Investment and Commerce Bank LTD Under supervision ------------------------- Prof. Md. Mosharraf Hossain Ph.D. Professor Department of Management Studies Jagannath University Prepared by: Md. Momin Uddin BBA 8th semester Roll-06671546, sec-B Department of Management studies Jagannath University Letter of submission Date- August 10, 2012 Prof. Md. Mosharraf Hossain Ph.D. Professor Department of Management Studies Jagannath University Subject: Submission of the assignment paper titled “Information Technology (IT) for improving Banking Activities-A study on IFIC Bank ltd” Dear Sir, It’s my pleasure to submit you my project paper on “Information Technology for improving Banking Activities-A study on IFIC Bank ltd.” I have completed my project paper on IFIC Bank ltd as a part of my study. Here is my overview on ‘Information Technology for improving Banking Activities-A study on IFIC Bank ltd. I have tried to explain my learning and experience which gathered knowledge from my thesis program briefly in this report. I appreciate that this approach really contributes in giving my course learning a lasting shape in me. The entire report is based on my research and survey from bank. I have put my best effort...
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...Functions of the International Monetary Fund The function of the Monetary Fund (IMF) is to provide loans to its members. It hereby uses different programs to supply a short, medium and long term solution. For entering, each member is charged a fee or quota. IMF main role is to intercede when there is an invitation, but also when a country can’t realize their international debts. The own currency of the IMF is the special drawing right (SDR). In order to provide fundamental changes in governmental relationships it though needs a borrower. That’s why its resources for dealing with crises are limited. Functions of the World Bank After World War II the original purpose of the World Bank was to assist helping the implementation of the Marshall plan - providing financing aid and programs to support the rebuilding of Europe. Soon its financials were insufficient. For these reasons it shifted towards backing up the development of nonindustrial countries and their economics. Functions of the General Agreement on Tariffs and Trade In the beginning there was the International Trade Organization (ITO) with its purpose to reduce tariffs. When it died in 1948, the General Agreement on Tariffs and Trade (GATT) has risen instead, focusing on bringing down trade barriers progressively. Therefore, countries will meet periodically and negotiate. It has been very successful thus far, but ignored the sectors of agriculture, textiles and apparel. One indicator given is “that international trade has...
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...commissioning research and prepare, promulgate, interpret and review, the accounting and auditing standards for Islamic financial institutions. Its notable efforts are to inform and encourage banking supervisors around the world to adopt its standard as the benchmark for Islamic financial institutions in their countries. These attempts to improve the transparency and comparability of the financial reporting of Islamic financial institutions are bearing fruit. The AAOIFI’s standard has been applied in various countries such as Bahrain and Sudan which require Islamic Banks in their countries to follow AAOIFI’s standards. In Qatar and Saudi Arabia AAOIFI’s standards are specified as guidelines.To achieve international recognition for its standard, AAOIFI has also been working with conventional international bodies which involve in the development of standards and regulation of banks such as the International Monetary, international Accounting Standards Board, and the Basel Committee.55 The organization plays a crucial role in...
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...i Internship Report On NCC BANK LTD. Foreign Exchange Branch, Dhaka. Title: Overall Banking system of National Credit & Commerce Bank Ltd:An Evaluation. Prepared By Wahida Shirin Zhimly ID No : 103-11-1657 Department of Business Administration Daffodil International University, Dhaka. “ ©Daffodil International University “ ii Dated: 27.05.2014 Professor Dr. Zakir Hossain Dean. Daffodil International University Dhanmondi, Dhaka. Sub: Submission of Internship Report Dear Sir, I have the pleasure to inform you that I accomplished my internship program at the National Credit and Commerce Bank limited, Dhaka. I tried my best to know about the company by observing its activities. This report, which I would like to submit to you for your evaluation, is a discussion of my observation. I sincerely believe and hope that you will find this study very interesting, informative and enlightening (gan dan kora) and will help future researchers for extended research in this field. I beg your kind excuse for the unintentional error that may take place in the report in spite of my best efforts. I hope that you would be kind enough to receive this report and bless me hearty. Thanking you Yours truly, Wahida Shirin Zhimly ID No : 103-11-1657 Department of Business Administration Daffodil International University, Dhaka. “ ©Daffodil International University “ iii CERTIFICATE OF SUPERVISOR This is to certify that the report entitled “Overall Banking System of National...
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... －——Banco Santander bank Prepared by: Yang Zhan (Alice) Prepared on: 10th September 2015 Summary Background Spain has the largest financial group in Latin America, one of the world's third-largest bank and fourth largest bank profits, as well as international development of the world's most successful bank, which is Spain's Banco Santander. Santander founded in 1857. By the end of 2013, total assets reached 1.1156 trillion euros, net profit of 4.37 billion euros the year. Santander's network around the world, mainly in continental Europe, Latin America and the United Kingdom three major markets. Its business scope relatively broad international business, retail business, the company's business, SME business, asset management, private banking, university finance business, consumer credit. Santander international development started late, but come from behind. In the 1990s, through the implementation of its expansion strategy of large-scale overseas acquisitions, fast emerging as a major international bank. Santander international development a lot of success factors, including the use of special geographical advantages, with European countries and Latin America as a starting point and focus, seize the favorable opportunity to carry out mergers and acquisitions and cooperation, and to enter the local market is a critical step. Manage and operate Santander bank the most importance step is...
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...businesses to assist them in handling their finances. The term cash management can be used to describe a wide range of services offered by banks from payroll to investments to a standard bank account. This paper will analyze the cash management services offered by Metro Bank, Susquehanna Bank, and PNC Bank. PNC Bank offers several international banking tools. These include international bank account numbers, also known as IBAN’s. This allows companies to transfer money internationally without hassle. They also offer something similar for Mexico alone, called Clave Bancaria Estandarizada, or CLABE and a service specifically for Canada called the Canada Express. Also included in international services are: Web-based foreign exchange, multi-currency accounts, cross-border electronic data interchange (EDI), international balance reporting, and SWIFT. PNC offers investment management, online banking, funds transfers, invoice automation, and special reports to name a few specifics. Generally, they offer payment and disbursement services, collection and deposit services, services regarding liquidity and investments, and information reporting. The most impressive feature of PNC Bank’s cash management services is the wide range of international services. Those were not noted in such a variety at any other bank (PNC, 2011). Susquehanna Bank offers collection services, concentration services, disbursement services, information reporting services, investment and loan services, and...
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...International Journal of Marketing, Financial Services & Management Research Vol.1 Issue 11, November 2012, ISSN 2277 3622 Online available at www.indianresearchjournals.com A STUDY OF FINANCIAL PERFORMANCE: A COMPARATIVE ANALYSIS OF SBI AND ICICI BANK DR. ANURAG. B. SINGH*; MS. PRIYANKA TANDON** * Associate Professor LDC Institute of Technical Studies Soraon, Allahabad (Uttar Pradesh) India ** Assistant Professor LDC Institute of Technical Studies Soraon, Allahabad India _____________________________________________________________________________________ ABSTRACT Banking Sector plays an important role in economic development of a country. The banking system of India is featured by a large network of bank branches, serving many kinds of financial services of the people. The State Bank of India, popularly known as SBI is one of the leading bank of public sector in India. SBI has 14 Local Head Offices and 57 Zonal Offices located at important cities throughout the country. ICICI Bank is second largest and leading bank of private sector in India. The Bank has 2,533 branches and 6,800 ATMs in India. The purpose of the study is to examine the financial performance of SBI and ICICI Bank, public sector and private sector respectively. The research is descriptive and analytical in nature. The data used for the study was entirely secondary in nature. The present study is conducted to compare the financial performance of SBI and ICICI Bank on the basis of ratios such as credit...
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...International Research Journal of Finance and Economics ISSN 1450-2887 Issue 68 (2011) © EuroJournals Publishing, Inc. 2011 http://www.eurojournals.com/finance.htm Financial Performance Evaluation of Some Selected Jordanian Commercial Banks Ahmed Arif Almazari Department of Administrative Sciences- Finance Section, King Saud University E-mail: aalmazari@ksu.edu.sa; ahmadarif26@hotmail.com Abstract This study attempted basically to measure the financial performance of some selected Jordanian commercial banks for the period 2005-2009. It is evaluatory in nature, drawing sources of information from secondary data. The financial performance of banks is studied on the basis of financial variables and ratios. In this paper an attempt was made to analyze the financial performance of seven selected Jordanian commercial banks using simple regression in order to estimate the impact of independent variable represented by; the bank size, asset management, and operational efficiency on dependent variablefinancial performance represented by; return on assets and interest income size. It was found that banks with higher total deposits, credits, assets, and shareholders’ equity does not always mean that has better profitability performance. It was also found that there exists a positive correlation between financial performance and asset size, asset utilization and operational efficiency, which was also confirmed with regression analysis that financial performance is greatly influenced by these...
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...ACCORDS BY JOE LARSON APRIL 2011 I. Introduction Banks are a vital part of a nation’s economy. In their traditional role as financial intermediaries, banks serve to meet the demand of those who need funding. As such, banks make it possible for people to buy homes and for businesses to expand. Banks therefore facilitate spending and investment, which fuel growth in the economy. However, despite their important role in the economy, banks are nevertheless susceptible to failure. Banks, like any other business, can go bankrupt. However, unlike most other businesses, the failure of banks, especially very large ones, can have far-reaching implications. As we saw during the Great Depression and, most recently, during the global financial crisis and the ensuing recession, the health of the bank system (or lack thereof) can trigger economic calamities affecting millions of people. Consequently, it is imperative that banks operate in a safe and sound manner to avoid failure. One way to ensure this is for governments to provide diligent regulation of banks. Yet, with the advent of globalization, banking activities are no longer confined to the borders of any individual country. With cross-border banking activities rapidly increasing, the need for international cooperation in bank regulation has likewise increased. Ready to meet this need is the Basel Committee on Bank Supervision (BCBS). In its role as the international advisory authority on bank regulation, the BCBS has promulgated guidance...
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...Lecture 10: International banking The sessions so far have focused on banking in a domestic context. In this lecture we are going to look at the issues which arise from the internationalisation of banking, which has been a growing trend since the 1960s. After looking at the nature of international banking and reasons for its growth, we shall focus on risks. The most important risks are the problem of sovereign risk and the behaviour of the international interbank market (IIBM), although exchange rate risk can also pose difficulties. Definition of international banking Banking transactions crossing national boundaries International lending: • all claims of domestic banks offices on foreign residents • claims of foreign bank offices on local residents • claims of domestic bank offices on domestic residents in foreign currency Deposits similarly classified (by residence of bank or depositor, or currency) Eurocurrency deposits – placed with banks outside the country whose currency the deposits are denominated in (not necessarily in euros!) Features of international banking Key aspects: currency risk and complexity of credit risk besides typical banking risks Competition for market share among banks (typically spreads very narrow) Cyclical nature, with periodic crises Competition for bank loans from the international bond market (close substitutes for loans) Importance of international interbank market (IIBM) as source of liquidity and funding for banks, and risks arising Role...
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...from 2008 to 2010 Home Credit Bank. Home Credit Bank has been established on the basis of the acquisition of International Bank Alma-Ata which existed since 1993. In September 2008, the Dutch company Home Credit BV acquired a minority stake in a small Kazakhstani International Bank Alma-Ata (IBA). The main holding of shares belongs to Czech investor Richard Benishek (90.1%). In November 2008, International Bank Alma-Ata was renamed to Home Credit Bank. This deal for Home Credit BV was an opportunity to expand to Kazakhstan market and increase the number of clients. Temirbank. Temirbank was founded in 1992 as a specialized railway bank. By early 1995, the state share in charter capital of Temirbank was 18%. In March 1995, a resolution on the sale of the state-owned shares was adopted by the government. As a result, the bank became completely privately-owned. At the beginning of 2009 Temirbank was in a quandary due to the global financial crisis of 2007-2008. In accordance with the law on financial obligations, the FSA made an offer to the government to buy back a controlling stake in the bank. In the deal, the government was represented by JSC National Welfare Fund SamrukKazyna which acquired 75.10% stake in Temirbank. Alliance Bank. Alliance Bank dates back to 1993, when one of the first regional banks in Kazakhstan – Irtyshbusinessbank was founded in the city of Pavlodar. On July 13, 1999 Irtyshbusinessbank merged with Semipalatinsk City Bank. On March 13, 2002 Irtyshbusinessbank...
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