17. If the spot rate of the Malaysian ringgit is $.30 and the six month forward rate of the ringgit is $.32, what is the forward premium or discount on an annual basis? A. premium; about 14.5% B. discount; about 14.5% * C. premium; about 13.3% D. discount; about 13.3% E. premium; about 16.7% Solution: use Equation (5-4) [(.32 - .30)/.30] x (360/180) = 13.3% 18. If the spot rate of the Israel shekel is $.32 and the six month forward rate is $.30, what is
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Supervised by: Niluthpaul Sarker Assistant Professor Department of Accounting and Information systems Jagannath University Prepared by: Akash Kumar Ghosh ID: 114599(BBA) 6th Batch Department of Accounting and Information systems Jagannath University Date of Submission: 5th November, 2015 Letter of Transmittal Date: November 05, 2015 Niluthpaul Sarker Assistant Professor Department of Accounting and Information Systems Jagannath University Subject: Submission of
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Bangladesh Ltd. (IBBL) was incorporated on March 13, 1983 under the companies Act, 1913 as the first interest free Shariah based commercial bank in South East Asia. IBBL started functioning on March 30, 1983 and formally inaugurated on August 12, 1983. The bank was promoted by 23 local sponsors including the Government of Bangladesh and 4 local institutions and 13 foreign sponsors including Islamic Development Bank (IDB). The foreign investors hold 57.37% of total shares while the local investors hold
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Bangladesh’s banking sector consists of Central Bank (named as Bangladesh Bank), Commercial Banks, Development Banks and Specialized Financial Institutions. The Commercial Banks comprise of Nationalized Commercial Banks (NCB), Local Private Banks, Foreign Private Banks, and Islamic Banks. In recent years, it is observed a mushroom growth in the banking sector in Bangladesh. The very active and lively presence of private sector has stirred competition among the traditional Commercial Banks. The shadow
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Report On TRANSACTION BANKING IN STANDARD CHARTERED BANK BANGLADESH A Descriptive Analysis [pic]Table of Contents CHAPTER-1 INTRODUCTION 1.1 ORIGIN OF THE REPORT 1.2 SCOPE 1.3 METHODOLOGY & SOURCE OF INFORMATION 1.4 LIMITATIONS 1.5 BANKING INDUSTRY –OVERVIEW Chapter-2 STANDARD CHARTERED BANK 2.1 ETHICS OF STANDARD CHARTERED BANK 2.2 Standard Chartered Bank in Bangladesh 2.3 Performance and Growth 2.4
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CHAPTER-1 INTRODUCTION 1.1 ORIGIN OF THE REPORT 1.2 SCOPE 1.3 METHODOLOGY & SOURCE OF INFORMATION 1.4 LIMITATIONS 1.5 BANKING INDUSTRY –OVERVIEW CHAPTER-2 SONALI BANK LTD. 2.1 ETHICS OF SONALI BANK LTD. 2.2 SONALI BANK LTD. IN BANGLADESH 2.3 PERFORMANCE AND GROWTH 2.4 ACTIVITIES OF SONALI BANK LTD.
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Business organization BASIC Bank Ltd. is a place where I have learned the business dealings. This organization has created a positive image to the customer's mind by providing better service specifically I am telling about the Shantinagar Branch. This branch has introduced an exclusive modern banking system that has got high market sharing and rating in the prominent business & banking avenue in Shantinagar Bank way. As an BBA Internee Officer I have tried to maintain the place with the competitive
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Overview of the IFIC Bank: International Finance Investment and Commerce Bank Limited (IFIC Bank) is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions abroad. The Government held 49 per
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Submission of Internship Report. Dear Sir, Assalamu Alaikum I have the pleasure to submit an elaborate Internship Report after a successful three month Internship attachment at the Export Import Bank of Bangladesh Limited, Ashulia Branch. The Internship Report concentrates on the “Overall Operation and customer service of EXIM Bank Ltd.”. I would like to convey special thanks and gratitude to give me the opportunity to have my internship at your distinguished bank. I would also like to express
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Submission of Internship Report. Dear Sir, Assalamu Alaikum I have the pleasure to submit an elaborate Internship Report after a successful three month Internship attachment at the Export Import Bank of Bangladesh Limited, Ashulia Branch. The Internship Report concentrates on the “Overall Operation and customer service of EXIM Bank Ltd.”. I would like to convey special thanks and gratitude to give me the opportunity to have my internship at your distinguished bank. I would also like to express
Words: 21700 - Pages: 87
