most innovative trends in our Islamic world is our Islamic banking system. This industry is growing in manner that lead most of the large conventional banks like J.P.Morgan and MorganStanly to open divisions concerned with Islamic finance products. According to Middle East newspaper, Middle-East Newspaper (30/05/2008) there are around 300 Islamic banks around the world ,130 of them are in GCC countries. Global Trader (19/07/2011) This industry has grown from $ 150 million in 1990, to around $ 1 trillion
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recommended that the informal source of financing is a potentially important source of micro financing. Savings in them should be further encouraged through regulation, government intervention by way of active participation of community and development banks in local business associations. SMEs should consider all financing options that maximize the value of the business enterprise. 1.1 INTRODUCTION The significant role Small and Medium Scale Enterprises (SMEs) play in economic development process has
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3.0 Strategy map The classic Balanced Scorecard consisting of four perspectives – financial, customer, internal process, and learning and growth – represents the primary strategic dimensions of any organization. The strategy map provides a visual framework that integrates the organization's strategic objectives across these four perspectives. The strategy map is the most powerful way of communicating the strategy; it shows how intangible assets are transformed into tangible ones, often financial
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In January 2010, Jen McDonald, head of Bank of America Corporation’s (BoA) Digital Marketing group, and Douglas Brown, senior vice president, Mobile Product Development, were discussing the bank’s mobile strategy. BoA launched mobile banking in 2007, and within three years, it had 4 million active customers. This success prompted line-of-business (LOB) managers to ask McDonald and Brown to include more functions in the bank’s mobile app that were specific to their businesses, such as credit cards
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Internship Report on [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” [pic] “Overall Branch Banking and A Comprehensive Review on Investment of Al-Arafah Islami Bank Limited” Submitted to Professor Ashraf Hossain Dean School
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Q to accept the card product? What Organizational mechanisms does he have under his control? If you choose not to introduce the card, what do you do to achieve the $100 mio. earnings target by 1990? What kind of Branch banking products should the bank offer? Economic Analysis How many card customers does Citibank need to break even on its investment ? Economic Analysis First step is to ascertain the credit card revenue per customer of $163 (table B page 6) Options available: -
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Trust Bank announced its mission to make banking easy for its clients. That is why it started one-stop service for the clients. As a part of the mission it supports the community it works in, to develop entrepreneurship and thus to help national economic growth. Major activities The major activities of TBL may be classified under the following heads: • Personal Banking • Business Banking • Merchant Banking • International Banking • Automated Banking Personal Banking Trust Bank provides all
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feature of bank is to conduct banking business with deposits and loan. The systems, vision and strategies differ in various types of banks. On the basis of these measures the overall banking system is classified in different sectors throughout the world. In our country, there are basically two types of banking system-commercial banking system and specialized banking system. Commercial sectors can be classified under four categorized -Nationalized Commercial Banks, Local Commercial Banks, and Foreign
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COMMERCIAL BANKS IN KENYA A CASE STUDY OF CO-OPERATIVE BANK OF KENYA 1.0 INRODUCTION 2.1 Background of the Study Commercial banks are institutions which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as checking, savings, and time deposit. These institutions are run to make a profit and owned by a group of individuals, yet some may be members of the Federal Reserve System. While commercial banks offer
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gtnews.com) This article examines the cash management and payments developments in India, in terms of bank offerings and new corporate best practice. Traditionally having a paper-based clearing system involving not only high processing cost but security risk, cash management in India has certainly undergone a paradigm change. From a product-centric approach, the focus for almost all banks today has shifted emphatically to the customer. And success is all about bringing the maximum possible delivery
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