...GROUP MEMBERS M.FURQAN YOUNAS M10MBA007 MUHAMMAD AHMAD M10MBA022 JUNAID ALI SULERI M10MBA006 NABEEL TAJ GHORI M10MBA027 TABLE OF CONTENTS Introduction………………………………………………………………….. ………. 03 Definition …………………………………………………………………………………… 07 Factors to be in mind while going for auto finance………………………. 07 Financing Glossary ………………………………………………………………………. 09 Best deal ………………………………………………………………………………………. 12 Prudential rules and regulations of SBP ………………………………………. 14 How does auto financing work ……………………………………………………… 16 Types of Auto Finance ………………………………………………………………. 19 Drawbacks of Auto finance ………………………………………………………… 20 Ijarah car financing ………………………………………………………………………. 22 Auto finance by commercial banks in Pakistan …………………………….. 25 Difference between ijara and conventional Auto Finance …………….. 33 Issuue of takaful…………………………………………………………………………… 37 Conclusion …………………………………………………………………………………… 39 INTRODUCTION: The subject of car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. The provision of car finance by a third party supplier allows the acquirer to provide for and raise the funds to compensate the initial owner, either a dealer or manufacturer. For Business sector finance: Car finance is required by both private individuals and businesses. All types of finance products are available to either sector, however the market share by finance type for each sector...
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...Summer Internship Project Report On Evaluation of Small & Medium Enterprises (SME) Business Presented to Mr.Deepak Pothan (Vice President – Institutional Banking Group, Development Bank of Singapore (DBS), Bangalore) Presented by Aditya Shetty Roll No. 258 MBA-Core Div C NMIMS 03-June-2011 Preface This project report has been prepared as part of the Summer Internship Program of the MBA-Core course curriculum at Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. This is in partial fulfilment of the requirements of the MBA programme. The report focuses on the Small and Medium Enterprises (SME) segment of borrowers. SME market is the growing and upcoming sector in the banking industry. This encourages entrepreneurs to develop their company from small sized to the future big corporate. The basic aim of the project is an understanding of the SME market in Bangalore and designing a strategy for Development Bank of Singapore (DBS) to enter this segment. This subject was chosen since the subject is a new& developing field for the foreign banks and private banks. SME products help in understanding the various funding & non funding based lending mechanisms. This project will help me understand various means of understanding the various lending mechanisms used by banks. This understanding of SME business will help in the future to know more about the banking industry. Bangalore Aditya Shetty 03-June-2011 Acknowledgement ...
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...CREDIT RISK MANAGEMENT AND BAD DEBT CONTROLLING Case: ANZ Vietnam LAHTI UNIVERSITY OF APPLIED SCIENCES Degree program in International Business Thesis Spring 2013 Minh Thong To Lahti University of Applied Sciences Degree Programme in International Business MINH THONG, TO Credit risk management and bad debt controlling Case: ANZ Vietnam Bachelor’s Thesis in International Business, 53 pages, 3 pages of appendices Spring 2013 ABSTRACT It can be seen that the Vietnamese economy in the first decade of the 21st century has a significant development in the banking sector. Commercial banks represent a big role in this development. The banks’ capital rose rapidly and became an important factor in Vietnamese economic growth. However, a negative side always follows the result of any growth. Expanding operation leads to debt rate increase in most commercial banks. Especially bad debts rate rose rapidly. Bad debts became a serious problem for the Vietnamese economy. When the amount of bad debts increases to a particular point, it will hinder the development as well as the operations of the banks. Due to this issue, controlling the bad debt rate is hard work for all commercial banks. There is no model of solution for all banks. According to specific characteristic of each bank, specific solutions to control bad debt rate are provided. However, those solutions seem to be not as effective as expected due to many reasons. When Vietnam became an official member of the World Trade...
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...Branch Ltd.)”. I understand that the report submission is a requirement for the completion of BBA program from University of Liberal Arts Bangladesh. This report covers the loan disbursement system of IFIC Bank Dhaka Stock Exchange Branch Ltd. But unfortunately not all loans are given to the clients. So my report does not cover the loans which are not given. I tried my best to make this report complete and error free. I would be grateful if you accept my report. Sincerely Yours Saif Ur Rashid ID: 081011050 Contents 1.0 Background 1 2.0 Background of IFIC Bank 2 2.1 OBJECTIVE of My Report 2 2.2 Methodology 2 2.3 Limitations of the study 3 2.4 CREDIT RATING ON IFIC BANK LIMITED 4 2.5 SWOT Analysis of IFIC Bank 4 2.6 Comparison of IFIC Bank and City Bank 5 2.7 Financial Highlights of IFIC Bank Ltd 6 2.8 A Summary on Stock Exchange Branch of IFIC Bank Ltd. 8 2.9 Organizational Hierarchy of Stock...
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...CONSUMER LENDING IN INDIA Euromonitor International November 2014 CONSUMER LENDING IN INDIA Passport I LIST OF CONTENTS AND TABLES Executive Summary ..................................................................................................................... 1 Consumer Lending Sees Positive Growth Following Change in Government .......................... 1 Stable Monetary Policies Supports Consumer Lending Growth ............................................... 1 Mortgages/housing Loans Increases in 2014; Continued Growth Expected in the Forecast Period ....................................................................................................................................... 1 Bad Loans Sees Marginal Decline ............................................................................................ 1 Consumer Lending Is Expected To Grow ................................................................................. 1 Key Trends and Developments .................................................................................................... 2 Customers Are More Willing To Take Out Loans...................................................................... 2 Mortgages/housing Lending Continues To Grow in 2014 ......................................................... 2 New Guidelines for Non-banking Financial Companies ............................................................ 2 Market Data .................................................
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...Module 8 – Managing multinational operations Module 98 MANAGING MULTINATIONAL OPERATIONS8 MODULE 8 OVERVIEW Managing multinational operations Objectives At the completion of this module, you should be able to: • Ooutline the objectives of maintaining documentation for foreign trade transactions • Eexplain the key documents for a foreign trade transaction • Ddiscuss the various payment methods for international trade • Ddiscuss the characteristics of export finance and risk insurance • Ddiscuss the objectives and major tasks of current asset management • Eexplain the features of international cash management, accounts receivable management and inventory management • Ddiscuss the important differences between domestic taxation and multinational taxation. Learning resources Textbook Eiteman, Stonehill & Moffett 2013, edition 13th01, chapters 175, 17 19 and 20 and 18. Introduction This final module of the course encompasses a number of areas that are essential to any multinational finance course but have yet to be covered in this course. In particular, the module focuses on specific areas regarding the management of multinational operations. The module is essentially broken into three sections, all of which have a relevance to each other and to the other topics covered in this course. The first section focuses on the importance of foreign trade, in particular with regards to the growth potential it offers firms. More importantly, this section centres...
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...Business Analysis II To be a successful business, strategic planning must occur. Businesses do not survive long without the ability to successfully manage finances. Companies must monitor processes against the plans and make adjustments as necessary. It is necessary to review and balance financial statements often. Financial management is a comprehensive tool that monitors and can improve a company’s success. These conditions may adversely affect consumers, mortgages, investments, investment banking, etc. The following financial analysis is based on comparisons for 2010 balance statements (entire year) for Bank of America, and Wells Fargo, and JPMorgan and Chase Co. Bank of America is one of the world's largest financial institutions, serving individual consumers, small-and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,800 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions, and individuals around...
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...The 2008 Collapse of Chrysler Melinda A. Dobson MGT 435 Organizational Change Robert Hamamoto November 18, 2011 The 2008 Collapse of Chrysler Beginning in the late half of 2008, a global recession hit the economy of the United States. With a combination of several years of declining automobile sales and the limited availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009. Soon after the dramatic decline in sales, the U.S automaker, Chrysler, requested emergency loans from the government in order to stay afloat. In 2009, Chrysler’s situation had gotten worse and was faced with imminent bankruptcy and liquidation. With that being said, I would like to discuss the changes that have been implemented to Chrysler, identify new changes that still need to be implemented and assess the effectiveness of the change and the potential benefits of the new changes. Chrysler is an American automobile manufacturer that has built automobiles since 1925 and was the second largest automaker between 1936 and 1949. After a merger with Daimler-Benz Corporation in 1998, Chrysler was part of the German based DaimlerChrysler now known as Daimler AG. Chrysler suffered from poor management and lack of investment until 2007 when the company was sold to Cerberus Capital Management. Under DaimlerChrysler, the company went by the name of “DaimlerChrysler Motors Company LLC,” with its U.S operations referred to as the “Chrysler Group.”...
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...MARKETING PLAN -2012 UK’s Auto Market – Cadillac Escalade Hybrid Version KAYODE OMOSEBI: A4032655 MBA – 8A 18-08-2011 Contents EXECUTIVE SUMMARY 2 CADILLAC: A BRIEF INSIGHT 2 MARKET SUMMARY 3 MARKET TREND IN THE PREMIUM AUTOMOBILE MARKET 4 CONSUMER MARKET 4 MARKETING RESEARCH 6 BUSINESS ENVIRONMENT 6 PESTEL Analysis 6 SWOT ANALYSIS 9 MISSION, DIRECTION AND OBJECTIVES 11 TARGETING AND POSITIONING DECISION 12 MARKETING MIX 12 PROMOTION / MARKETING COMMUNICATION 14 CUSTOMER SERVICE AND INTERNAL MARKETING 16 FORECASTS AND FINANCIAL DETAILS 16 IMPLEMENTATION AND CONTROL 17 REFERENCES…………………………………………………………………………………………………………………………………….18 APPENDICES…………………………………………………………………………………………………………………………………….19 EXECUTIVE SUMMARY Cadillac Escalade Hybrid SUV is the new product of the Cadillac Company which is a sub-division of the General Motors group. General Motors group plans to market this premium and luxury product to UK auto market and, later, to other European auto market. However, luxury and premium auto-makers with well-respected brands can potentially earn higher profit margin by targeting a specific market segment. Our targets are four consumer segments at the high end of the affordable personal/family auto market, enhancing our positioning with luxury brand, hybrid version and advanced technologies. Our financial objective relates to first-year turnover in the UK market, a minimum level of sales per unit, achieving a break-even within three...
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...submit our Plan to the Senate Banking Committee, and appreciates the time and attention Congress is devoting to the critical issues that confront the domestic automotive industry in the current economic environment. In this submission, we first provide an overview of the current business environment, then discuss our Plan for viability, and conclude by answering the specific questions posed in the correspondence received from Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid. We all have a shared interest in protecting American jobs, a vital American industry and American innovation. As the Committee knows so well, the ongoing economic and credit crisis has affected many Americans – from losing their jobs to losing their homes. The recession also has had very negative ramifications for the U.S. auto industry, which supports five million jobs in all 50 states and spends $12 billion annually on research and development in the U.S. – more than any other industry. We fully appreciate that the industry needs to transform itself to better compete by developing safer, greener and even better quality vehicles. We recognize Congress’ important role as guardian of the American taxpayers, and we hope in our submission that we address your valid concerns about our potential for future viability and restore your confidence in our commitment to bring change and accountability. As a company and as an industry, we readily admit that we have made our share of mistakes and...
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...Strategic Report for Ford Motor Company Rhett Dornbach-Bender Bill Slade Joe Thorpe April 20, 2009 Ford Motor Company (NYSE: F) Table of Contents Executive Summary .......................................................................................................................... 3 Company Overview........................................................................................................................... 4 History ............................................................................................................................................... 4 Business Model and Market Overview......................................................................................... 5 Competitive Analysis ........................................................................................................................ 7 Internal Rivalry................................................................................................................................. 7 Supplier Power ................................................................................................................................. 9 Buyer Power ..................................................................................................................................... 9 Entry and Exit................................................................................................................................ 10 Substitutes ....................................
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...won't have an economy on Monday." When I heard this, it sent chills down my spine. How did we get so close to our economy collapsing? Toxic assets are one of the main reasons for our economy failing. These were loans given out to un-creditworthy individuals and unlikely to be repaid. To add to the problem, banks were issuing many of these high risk loans and the market became flooded with them. In addition, these toxic loans were resold which created systematic risk. Massive companies began to fail and a domino effect was created when one company after another got into trouble as people began to default on these toxic loans. During this time, investors had lost confidence in the markets which caused the US stock market to plummet and caused credit freeze, banks were...
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...A Summer Training Report On CREDIT APPRAISAL & CREDIT RISK RATING At Punjab National Bank Submitted in partial fulfillment of the requirements of Master of Business Administration (MBA) Amity University, Gurgaon (Manesar) Under the Guidance of: Submitted By: Name: Mr. A.K. Rastogi Mohit Batra Senior Manager MBA: 3rd Semester A50050213025 Amity Business School Amity University Gurgaon SESSION 2014 – 2015 Preface While searching for a suitable topic for the MBA Dissertation, I Had gone through the various projects & books, ultimately settling On the topic credit appraisal and credit risk rating –A Study With Reference To Punjab national bank The topic inspired me, to go through the various books, articles, Reports etc. to know the process and also understand the real Issues plaguing the industry. All these aspects then resulted in the development of the project Report titled ‘credit appraisal and credit risk rating –A Study with Reference To Punjab national bank.’ It is strongly hoped that this project covers not only the various Requirements of the Project Study but also of the Industry . Acknowledgement I would like to express my profound gratitude to all those who have been instrumental in the preparation of my project report. To start with, I would like to thank the organization Punjab...
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...submit our Plan to the Senate Banking Committee, and appreciates the time and attention Congress is devoting to the critical issues that confront the domestic automotive industry in the current economic environment. In this submission, we first provide an overview of the current business environment, then discuss our Plan for viability, and conclude by answering the specific questions posed in the correspondence received from Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid. We all have a shared interest in protecting American jobs, a vital American industry and American innovation. As the Committee knows so well, the ongoing economic and credit crisis has affected many Americans – from losing their jobs to losing their homes. The recession also has had very negative ramifications for the U.S. auto industry, which supports five million jobs in all 50 states and spends $12 billion annually on research and development in the U.S. – more than any other industry. We fully appreciate that the industry needs to transform itself to better compete by developing safer, greener and even better quality vehicles. We recognize Congress’ important role as guardian of the American taxpayers, and we hope in our submission that we address your valid concerns about our potential for future viability and restore your confidence in our commitment to bring change and accountability. As a company and as an industry, we readily admit that we have made our share of mistakes and...
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...analyzed; The Budget Message of the President, Restoring Responsibility, Rescuing the Economy and Reviving Job Creation and Laying A New Foundation For Economic Growth. When analyzing this articles, we will look at what progress has the country made during this past year, what issues are we facing as we move forward, what is the economic situation and what significant issues and initiatives are discussed in these articles. One other piece of document that will be analyzed is the Department of Education. When we look at the Department of Education, we need to know what departments mission is, major funding items and what the budget in regards to outlays and receipts for the years of 2009, 2010 and 2011. When looking at these figures, a Budget Summary will be included so one gain a better understanding of where exactly the Department of Education is heading where they expect to be at in the next couple of years. The Budget Message of the President Upon being elected...
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