supplying of credit their main purpose. A bank not only accepts money or deposits, but also lends money and creates its own credit; Crowther (2009, Bank Foundation, 5th edition) has defined a bank as “a dealer in debts- his own and of other people”. Sawyers (2006, Fundamentals of Banking, 2nd edition) states, “we can define a bank as an institution whose debts (bank deposits) are widely accepted in settlement of other peoples debts to each other”. Banks are financial institutions or financial intermediary
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Company: Dena Bank | | | | | COMPANY PROFILE Dena Bank was founded on 26th May, 1938 by the family of DevkaranNanjee under the name DevkaranNanjee Banking Company Ltd. It became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd.In July 1969 Dena Bank Ltd. along with 13 other major banks was nationalized and is now a Public Sector Bank constituted
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the pace of the economy and reflects an increasing share of the GDP. Last year, banks and financial services contributed £70 billion to the country’s national output, equivalent to nearly 7 percent of the country’s GDP – 100 % percent increase from 2003. UK leads as a major international center for investment and private banking, cross border banking and accounts for a fifth of global international lending; with banks in London handling a third of the global foreign exchange business. Deregulation
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village than a big wide area we have seen banks especially retail banks adapt more and more strategies to either attract customers or retain customers. Banks have reinvented their marketing strategies to not only spur their rapid growth but also to ensure that they remain profitable in a business sector that has the greatest level of competition. This paper, therefore, seeks to evaluate and analyze the current marketing strategies of the 1st century bank as well as try to offer recommendations of
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Risk Based Capital (Basel II) for Banks in Bangladesh: A straightforward Journey Abu Hena Mohd. Razee Hassan K. M Abdul Wadood Abstract Banks operating in Bangladesh are much enthusiastic for maintaining risk based capital in line with Basel II. Self audit report 2008 on compliance with Basel Core Principles (BCPs) shows, Operational independence of Bangladesh Bank, supervisory tools, existing prudential regulations for core risk management as introduced in banking industry by BB has developed
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INTERNSHIP REPORT ON Measuring customer satisfaction by using SERVQUAL Dimensions in Dutch-Bangla Bank Limited INTERNSHIP REPORT ON Measuring customer satisfaction by using SERVQUAL Dimensions in Dutch-Bangla Bank Limited Submitted To: Madam Usmita Afrose Associate Professor Department of Marketing University Of Dhaka Submitted By: Kaniz Fatema Roll: 82 Batch: 15th Department
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conclusions and it also served as a guideline to the research. The two stocks that were chosen for the research falls within the financial sector, these two are FNB (First Rand Bank) and Nedbank. A brief analysis of the state of the economy and the financial industry was done. Furthermore a thorough investigation and analysis was done in respect of both firms. The Discounted cash flow and relative valuation techniques are used, both of these uses quantitative information. Cumulative information will
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Discussion Case 1: Inland National Bank Amy Miller, manager of strategic planning for retail banking operations at Inland National Bank (INB), faced a problem. Inland recently acquired another local bank, Home Savings Bank. INB’s senior management reorganized the company’s retail banking operations, and some of the branches were sure to be closed. Located in a medium-sized city in the Midwestern United States, INB earned a good reputation for community involvement and solid financial performance
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commercial banks are in operation. They are Nationalized Commercial Banks, Local Private Commercial Banks and Foreign Private Commercial Banks. All Bank has discovered a new horizon in the field of banking area, which offers different General Banking, Investments and Foreign Exchange banking system. Globalization of the world economy for goods and services makes foreign exchange necessary for almost every citizen across the country. So I have decided to study on the topic Comparative Analysis of Foreign
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innovations. Financial institutions go through distinctive stages in innovation Depending on the maturity of the market; banks go first through product innovation, then progress to sales innovation and market share innovation and eventually focus on customer service innovation. Banking in india has become more innovative in the last two years 90% of the responding bankers said that their bank today is more innovative than two years ago at the time of the Lehman collapse. The crisis increased the level of
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