Commercial Bank Limited (UCBL) is a Bangladesh based private commercial bank that provides banking services. The services include corporate and retail banking, loans, credit cards, online banking and money transfer services. The bank operates in Bangladesh having its headquarter in Gulshan, Dhaka. UCBL has its firm commitment towards the society for the economic development of the country. Their position is 6th among the 52 banks which include 10 specialized banks, 9 foreign banks and 30 private
Words: 7110 - Pages: 29
strategy for the organisation. An e-commerce strategy, in its most simplistic form, consists of three steps which are: determining where the organisation is which is the situation review where it wants to go which is goal setting or the banks ecommerce vision The best way of moving from the one to the other this is referred to as the strategy formulation. For an ecommerce strategy to be successful the first major aspect is to have senior management comprehensively understanding what
Words: 3315 - Pages: 14
Company Overview The Origin of Standard Bank Ltd. Banks are important financial institutions, which play a vital role in the economy of a country. It deals with credit i.e., accepts deposit from the public and advances various loans. The system of banking is very ancient. It was prevalent in India, Greece and Rome. It arose out of the logical fact that people who possessed surplus money deposited them for safe keeping to whom they have confidence, payable after a period of time when the need
Words: 3369 - Pages: 14
Commercial Banks and Specialized Banking Institutions. During the quarter-1 of financial year 2004 as per SBP Quarterly report there has been robust growth in deposit mobilization and credit off take with a rise of PKR 23.1 billion in net credit to the private sector[1]. The banking/financial sector in Pakistan comprises of Commercial Banks, Development Finance Institutions (DFIs), Microfinance Banks (MFBs), Non-banking Finance Companies (NBFCs) (leasing companies, Investment Banks, Discount Houses
Words: 16050 - Pages: 65
problems facing the finance industry. Those problems include cybersecurity, compliance with regulation, and risk management. Three solutions will also be addressed later in this paper. 1 When one thinks about the finance industry, banks, credit agencies, insurance companies, and equity firms may come to mind. Over the years financial institutions have not been up to par. With the financial crisis that happened in 2008, the world is still recovering and paying high taxes for the amount
Words: 2377 - Pages: 10
Ruth Krusen was ahead of big challenge. She had to decide whether Republic National Bank of Dallas (RNB) had to adopt new types of account system which was an innovation in 1977. Her main task was to find out impacts of NOW accounts on RNB’s revenue. NOW accounts were hard to adopt and was associated with several problems. NOW accounts became popular in 1972, it was better system then regular checking and savings account, it saved transaction fees and people realized that it was really a good thing
Words: 631 - Pages: 3
Offshore financial market of RMB Thanks to globalization, people can do business all around the world and the business dealing with foreign currencies has gradually emerged. Those business activities are known as offshore finance. Offshore financial centers (OFCs) are where these activities accumulates. According to Ahmed Zoromé, IMF Working Paper/07/87, an OFC is a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing
Words: 1572 - Pages: 7
an internship program of 3 months duration. As practical orientation is an integral part of BBA degree requirement, I was sent to IFIC bank, Lalmatia Brunch to take real life exposure of the activities of financial institution from 01, June 2014. 1.2 Background of the Study: Modern banks play an important part in promoting economic development of a country. Banks provide necessary funds for executing various programs underway in the process of economic development. Economy of Bangladesh is in the
Words: 5565 - Pages: 23
A Project Report On A project study on “BANKING AT HDFC BANK LTD.” Submitted by: XXXXXX XXXXXXX XXXXX University, Mumbai MBA in Banking (Finance) DECLARATION I undersigned XXXXX XXXXX student of MBA 3rd semester declare that I have done the project on “ BASIC BANKING AT HDFC BANK LTD.” has been personally done by me under the guidance of Prof. XXXXX XXXXXXX rajkot in partial fulfillment of MBA Program- during academic year-2008-10. All the data represented
Words: 12219 - Pages: 49
Differences between Banks’ Current and Credit Accounts Student’s Name School Affiliation Differences between Banks’ current And Credit Accounts Through the use of technology, there has been a revolution on how money is used on a day to day basis. Banks have capitalized on this developing trend by offering various products and services that cater to individual needs and wants (Herman, 2005). In addition to this, they have developed enticing incentive offers
Words: 1606 - Pages: 7
