...University Ho Chi Minh City | Duration | April 2nd – July 1st, 2014 | Advisor | Hoang Van Chien | Supervisor | Nguyen Huynh Phuoc An, Manager of Credit Assessment Nguyen Xuan Phuong, Assistant Manager of Credit Assessment | Type of Internship | Credit - Finance and Banking | Institution name | Australia and New Zealand Banking Group Limited (ANZ) | TABLE OF CONTENTS Acknowledgement 4 Executive Summary 5 Chapter I: Company Profile A. ANZ Global 1. Overview 6 2. Achievements 6 B. ANZ Vietnam 1. Location in Ho Chi Minh City 8 2. Local Network 9 3. Website 9 4. History Background 9 5. Key Milestones 10 6. Shareholders 11 7. Achievements 11 8. Strategy: Blueprint for Success 13 9. Products and Services 9.1. Institutional – Commercial Banking 14 a. Institutional Banking 14 b. Commercial Banking 15 9.2. Retail Banking 15 10. Customers 17 11. Organizational Chart 17 12. ANZ Share Priorities 2014 18 Chapter II: Working Diaries 1. Internship Activities 19 2. Activities and the Role of Credit Assessment to ANZ 20 3. Performance of Credit Assessment – Personal Loan 21 Chapter III: Conclusion 1. Assessment of the Internship 22 2. References 23 Acknowledgement Firstly I would like to thank Mr. Nguyen Huynh Phuoc An for giving me the opportunity to take the internship at ANZ. For me it was a unique and bettering experience to be a part of the...
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...3.0 Challenges: Previously faced and presently being faced 3.1 Challenges faced by Women Entrepreneur 1. The chief deterrent to women entrepreneurs is being women. A kind of patriarchal, that is, a male dominated social order is and will be a building block to women in their way towards business success. 2. Male dominated society and members think it is a risky financing the projects, businesses or enterprises run by women. 3. Financial institutions are unconvinced and cynical about women entrepreneurial abilities. The bankers consider women as more riskier than men. 4. Women entrepreneurs suffer from insufficient financial resources and/or working capital, as they lack access to obtain external funds due to their inability in providing tangible or collateral security. Few of the women have this kind of tangible...
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...Business leaders saw the need for workers to have a voice in making economic decisions. Americans realized they did not have a voice and were manipulated by large political machines that were basically corrupt. The citizens needed freedom to live a secure life and be supported by economic security and opportunity. Citizens did not have the freedom they needed and deserved. There was too much power in the Wall Street bankers and among executives of large corporations. The management in workplaces left no freedom for the employees. Economic security and opportunity to earn an adequate income and have access to other social provisions was...
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...Bryan Krayko Economic Geography GEOG 22100 Annie Spencer Foreclosures and Gentrification in New York City The uneven development of New York City’s outer boroughs has taken a dive into massive foreclosure in the recent years due to high unemployment, unyielding bankers, and gentrification. The issue is on an urban and regional scale and needs to be closely observed and studied to better prevent the spread of this plague. The recent victims in this failure are the middle class, with whom the troubles of foreclosure are starting to catch up. Gentrification is also starting to push the poor out of their homes to make way for the rich. This unevenness came from the inevitable shift of balance that comes with industrial capitalism. A fresh wave of foreclosures is impacting middle-class homeowners in Queens. Queens neighborhoods have been sinking since 2008 when the crisis first started. Come 2011, the foreclosure rate spiked and began to trouble middle-class homeowners. Many homeowners rely on tenants to help them with paying their mortgage. With the recent departure of tenants from the area, Queens homeowners are left with less money and more problems. According to the New York Post, “Foreclosures jumped 19 percent in New York City and 164 percent in Queens in 2012 versus 2011, as The Post reported last week. Four of the hardest-hit sections of Queens — St. Albans, Rosedale, Cambria Heights and Queens Village —...
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...help improve the program. Talk to Bill about the information they find. --Mr. Myhre Explained to Dean Godwin the differences between this and the School Of Business accreditation. Not an audit, just looking to improve. --Dean Godwin Explains his background in corporate America and that he understands the standards. His goal is to support and embrace the center and wants to be active in the business community. He talked about where the OSBDC will be put in the new building and the traffic around the new offices. There are 5000 students at ECU, 1000 School of Business students. ECU values the relationship with this program and her travel. --Mr Myhre: What else is located in the new school of business building? Dean talks about the blueprints. Dean talks about the entrepreneurial program and the high profile business people who come here to present to our students and the community. The School of business is trying to share information with best practices with the students and the people from the community who come in. 1. Main Question: Tell us a little about the center and yourself? Speaker Name: Mr Petrilli Ann has been here 12 years this summer, grad from ECU, human resources masters. The center is run by one person, and is really supported by the SO. The state office is an hour away. Focused on aligning activities to get better outcomes by increasing counseling hours and developing a larger...
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...The Future Beyond Utopia With the advent of future developments in science and technology, we will assign more and more decision making to machines. At present this is evident in military systems in which electronic sensors maintain the ideal flight characteristics in advanced aircraft. The capacities of computers today exceed five hundred trillion bits of information per second. The complexity of today's civilization is far too complex for human systems to manage without the assistance of electronic computers. Computers of today are relatively primitive compared to those that will evolve in the future. Eventually the management of social systems will call for require electronic sensors interconnected with all phases of the social sequences thus eliminating the need for politics. Today modern industrial plants have built in automatic inventory systems, which order materials such as bearings and other mechanical replacements well in advance. We believe it is now possible to achieve a society where people would be able to live longer, healthier, and more meaningful productive lives. In such a society, the measure of success would be based upon the fulfillment of one's individual pursuits rather than the acquisition of wealth, property, and power. Although many of the concepts presented here may appear as unattainable goals, all of the ideas are based upon known scientific principles. It is not my purpose to write an article that would be acceptable to people this is...
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...Literature Review: Do Markets Work Or Do They Just Work Until They Don’t? “One of the most constant aspects of American life is change – and nowhere is it more evident than in our financial markets.” – Henry Paulson, in his remarks on Blueprint for Regulatory Reform (3/31/2008) It is hard to believe that we have had so many market crashes throughout history and yet there exist so many people that claim they can guarantee certain returns. This fallacy is one of the main components of economics as a study. So called experts have been known to praise certain theories while they unknowingly march into a market crash. In order to understand how market crashes happen, it is critical to understand the beliefs that were held leading up to past crises. In Olivier J. Blanchard’s paper published in 2008 by the National Bureau of Economic Research, he declares that “the state of macro is good” (Blanchard 2008, 2). Blanchard, of MIT, was expressing his contempt with the way in which the macroeconomy appeared to be operating and the ability of economists to explain the operations. He was not alone. Alan Greenspan, former Federal Reserve Chairman, admitted in October of 2008 to the House Committee on Oversight and Government Reform that he was “shocked because [he had] been going for 40 years or more with very considerable evidence that [the economy] was working exceptionally well.” What had led these renowned experts to believe all was well while the markets were wildly deviating from their...
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...In 1865, Hong Kong and Shanghai Banking Corporation (HSBC) was founded to meet the demand for local banking facilities in Hong Kong and on the China coast. The increasing and frequent trade was undertaken between Europe, India, and China, which contributes to the extension of the bank. HSBC now is one of the world’s largest banks with extensive international operations. Although the bank rapidly expanded across the globe, HSBC retained a clear focus on China market. In view of these changes of HSBC’s China strategy, it may be instructive to examine how banking environment and police of China changed over the years. Upon China’s accession to the WTO, foreign bank were allowed to enter China’s bank sector. HSBC seized the tremendous opportunity to strengthen its presence in China. This essay will begin by examining the evolution of HSBC’s Strategy in pre-WTO and post-WTO China. Next, It turned to analyse the impetus to these changes of HSBC’ China strategy. In the following part, this essay will introduced the background of HSBC expanding in China’s rural areas and evaluated this strategy from advantages and disadvantages aspects. Having presented the HSBC’s presence and strategy in China, the paper then analyses HSBC’s operating in other emerging markets with the evidence from India and Argentina. Moreover, the data and facts will be provided to evaluate the operation of HSBC during the recent world economic crisis. The further research about the reasons that Asian was identified...
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...The ASEAN influential adopted the ASEAN economic blueprint at the 13 th ASEAN summit on 20 November 2007 in Singapore to serve as a coherent master plan guiding the establishment of the ASEAN economic community would it affect the locally operating entities? Basically, they can cope up simply because Philippines is one of the most significant exporters of modern services in sectors such as professional and information services they can cope up due to their contacts and the clients. The companies or entities can cope up to the competition by means of doing trades and investments. ASEAN economy began to rise again after they fall from 4.9-5.6 percent in 2010. The ASEAN faces an economic crisis in 1997/1998. The challenge is to sustain the economic recovery. They implement the proper monetary and fiscal policies. (ASEAN Economic Community Handbook, 2012) In a speech delivered at the Nikkei Asian review forum Friday, Purisima underscored the need for the association of Southeast Asian Nations (ASEAN) to invest heavily on infrastructure to maintain its current economic growth trajectory. “From roads and power sources to social infrastructure like health and education, the right investments will enable our young and populous region to take the driver’s seat towards robust global economic growth,” Purisima said.(PhilippineStar) Budget Secretary Florencio Abad noted in this year’s national budget, the Department of Public Works and Highways (DPWH) received the second largest allocation...
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...Hitler’s Rise to Fame Erin McDermott English 10 Mrs. Swain February 5, 2010 Hitler’s Rise to Fame I.) Hitler Enters Politics a. German Workers Party b. Promotion c. Succeeding d. Speeches e. Recruits II.) Rallies a. Blame b. Growth III.) Beer Hall a. Planning b. Take Over c. Kidnap d. Speech IV.) Trial a. Jailed b. Special Prisoner c. Trial Time d. Verdict e. Time In Prison V.) Bringing The Group Back a. Name Change b. Start to gather new troops c. Campaign d. Votes and Seats VI.) Presidency a. Run for Office b. Campaign c. Slogan d. Final Results VII.) Reichstag On Fire a. Plan b. Fire Set c. Set up and Arrested VIII.) Dictatorship a. Hitler takes over in Chaos b. Decree giving Dictatorship signed c. Hindenburg signs power over to Nazi’s as Police IX.) 1933 Elections a. Nazi Party Grew b. Hindenburg Dies c. Hitler Takes Over Officially d. Hitler’s powers approve e. Destruction Beings McDermott 1 Adolf Hitler is one of the most brilliant evil genius’s the world has ever seen. He slowly took power of Germany in a silent rise to power that spanned 14 years. Despite getting thrown in jail and on trial he still managed to keep the outside world oblivious to the happenings in Germany. By the time the world found out it was to late and millions already lay dead. Hitler’s...
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...KUALA LUMPUR: Lee Soon Seng Plastic Industries Sdn Bhd, which manufactures thermo-formed plastic packaging and extrusion sheets, has seen its new product introduced this year gaining popularity in the Australian, New Zealand and European markets. The product, AIR-TIGHT disposable food containers - ensure that biscuits or cookies remain crunchy for days. It can also store liquids without any spillage. So far, the company has developed over 10 designs of the products which are made of polyenthylene terephthalate, an environmentally-friendly material. Lee Soon Seng's managing director, Datuk Seri Lee Hock Seng, said the company had perfected the thermo press-form technology after a one-year trial and error before going for mass production. "In this technology, the accuracy of moulding is very important to ensure absolute air-tightness. Basically, the containers are tailor-made to suit our clients' needs. "The air-tight property has added value to the products. Although air ventilation is still needed for certain food items such as vegetables and fruits, air-tight containers still have vast uses in the food industry and we foresee a sharp rise in the demand for this new range of products," he told Business Times recently. Lee Soon Seng is wholly owned by SCGM Bhd, a public-listed investment holding firm. For the financial year ended April 30 2013, SCGM posted RM96.9 millions revenue compared with RM82.1 million in 2012. Net profit saw a jump from RM5.9 million to RM7.8 million...
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...the process of researching and thinking about your business in a systematic way. The act of planning helps you to think things through thoroughly, study and research if you are not sure of the facts, and look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later. This business plan is a generic model suitable for all types of businesses. However, you should modify it to suit your particular circumstances. Before you begin, review the section titled Refining the Plan, found at the end. It suggests emphasizing certain areas depending upon your type of business (manufacturing, retail, service, etc.). It also has tips for fine-tuning your plan to make an effective presentation to investors or bankers. If this is why you’re creating your plan, pay particular attention to your writing style. You will be judged by the quality and appearance of your work as well as by your ideas. It typically takes several weeks to complete a good plan. Most of that time is spent in research and re-thinking your ideas and assumptions. But then, that’s the value of the process. So make time to do the job properly. Those who...
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...will make ruler over his household, to give them their portion of food in due season?” This passage of scripture continues in verses 43 and 44 to discuss how blessed that servant will be and how he will be made ruler over all that the possessions the master has. The individuals working in the field of finance who do their job well, will also be rewarded and/or compensated. When examining the goals and governance of the corporation, as well as, the financial markets and institutions, there are a number of individuals who act as stewards over the financial affairs of both organizations and individual investors. They include: chief financial officers, financial managers, financial advisors, financial analysts, commercial and investment bankers, and stockbrokers to name a few. These individuals have jobs in fields such as commercial banking, corporate finance, financial planning, insurance, investment...
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...Faith Integration : Final Project Managerial Finance July 1, 2012 ABSTRACT This essay will provide a scriptural key to understanding the topics of finance in a Christian worldview perspective. The illustrations will be reflected through the events found in God’s word, providing a greater understanding into the relevance of the Bible in today’s economic world. It will show the importance of the integration of faith, as God has provided his wisdom for today in the illustrations of the Holy Word. Refer to II Timothy 3: 16 – 17; “All scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the servant of God may be thoroughly equipped for every good work” (NIV, 2005), to understand that God’s word continues to apply today as it has maintained strength and reference to aspects of life and development. The topic of finance is addressed throughout the scriptures with suggestions for the proper practice. It is clear in the study of his word that finance is a part of the structural design that is to provide for the development of humankind and the world. INTRODUCTION TO FINANCE Stewardship How faith integration manifest itself within the practice of corporate finance can only be found when studying God's word within the Holy Bible and practicing its teachings. One important aspect of integrating ones faith within the context of finance...
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... his teacher didn’t like that very much. Poeschi would spent the rest of the class explaining why Tesla’s idea would not work. Tesla was humiliated by the criticism of his teacher, but he didn’t let it sway him.He believed in his heart that he could make a system for powering machines with alternating current. There is something about great thinkers and the way they use criticism and negative energy to fuel their own inventive power, and Tesla was no exception. One afternoon while walking through the park in Budapest with a good friend. The setting sun brought on a spark of inspiration inside Tesla's mind. Dropping to the ground, he grabbed a nearby twig and started to draw a diagram in the dirt. This diagram Tesla drew in the dirt would be the blueprints he would use as the building blocks for his Alternating Current motor. Ruiz 2 Without money and resources, Tesla would be facing an uphill battle to get his system out for general use. Then in 1882, the U.S. based Edison Electric Light Co. offered him a...
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