I. INTRODUCTION 1.1. Banking Industry In Romania Romania’s banking sector is the fourth largest in Central and Eastern Europe, with total assets of 84,3 billion EUR. There are 41 commercial banks operating under the Romanian banking system, all supervised by the National Bank of Romania, out of which: - 2 banks are state-owned (8,2% market share) - 5 banks are privately held with domestic shareholders (8,8% market share) - 26 are private banks with foreign capital - 8 are branches of foreign
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Shariah Audit Programmes Product : Saving Account-I based on Al-Wadiah Yad Dhamanah Product specification : 1) Savings Account-i is based on the "Wadiah Yad Dhamanah" principle, which refers to a contract between the owner of funds (account holder) and the Bank for safe keeping purposes. 2) The account holder as a depositor places his deposits on a trust basis. Maybank Islamic, as a trustee, guarantees the repayment of the whole amount of deposits or any part thereof upon request. Shariah
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Marketing Approach to Promoting Banking Services Biswa N Bhattacharyay In recent years, banks in India have not been able to mobilize surplus funds owing to the rapid emergence of competitive non-banking financial institutions. Non-fund based banking services have been underutilized by customers because of low awareness and this has affected banks' profitability. In this article, Bhattacharyay presents a marketing approach to promoting banking services and mobilizing deposits. Using primary data
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1 LIQUIDITY RISK MANAGEMENT: A COMPARATIVE STUDY BETWEEN CONVENTIONAL AND ISLAMIC BANKS OF BANGLADESH Banks conventionally fulfill the supreme responsibility of being a financial intermediary between the deficit and surplus unit of the economy. Liquidity risk refers to the excessive transaction cost, excessive loss of value and excessive exertion of time that banks have to face at the time of allocating liquidity to the third party when stipulated. Because of the unique constitutional features
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Banking have unique role in the economy. According to Corrigan (1982) they are special because: (1) they provide transaction services and regulate payments system; (2) banks offer backup liquidity to the economy; and (3) they are broadcaster of monetary policy. Due to importance of banking, there are number of theoretical approaches in evaluation of banking system. This could be difficult as operational scale of banks is distinctive. Banks serve role of medium exchange function of money, add value
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Case 4 - Exercise 4-2 (a) INTERNAL CONTROL - PRELIMINARY ANALYSIS CLIENT: Lakeside SYSTEM: DATE: 10/11/12 PREPARED BY: List each document found in this system, the number of copies, and whether it is prepared internally or externally.
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MONEY & BANKS …. THE HIDDEN TRUTH BEHIND GLOBAL DEBT . 1) What is money... how is it created and who creates it? 2) Why is almost everyone up to their eyeballs in debt... individuals, businesses and whole nations? 3) Why can’t we provide for our daily needs - homes, furnishings cars etc. without borrowing? 4) How much could prices fall and wages increase if businesses did not have to pay huge sums in interest payments which have to be added to the cost of goods and services they supply
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Unit 7 Assignment Question: In Westlandia, the public holds 50% of M1 in the form of currency, and the required reserve ratio is 20%. 1. Estimate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table. As shown below, loans can expand by $666.60. Although deposits increase by $833.25 and the currency held by the public fell by (Hint: The first row shows that the bank must hold $100 in minimum reserves — 20% of the $500
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J.KAU: Islamic Econ., Vol. 9, pp. 55-65 (1417 A.H / 1997 A.D) Hamid Zangeneh and Ahmad Salam Central Banking in an Interest Free Banking System J.KAU: Islamic Economics, Vol. 5 (1993), pp. 25-35 Comments: RODNEY WILSON Professor of Economics Department of Economics University of Durham U.K. The article by Hamid Zangeneh and Ahmad Salam is a welcome departure in the Islamic finance literature, as relatively little has been written about the role of central banks in an Islamic financial
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1.Introduction Students are usally couraged to work on economic, finance, monetary & other bank related topics keeping pace with their future career. Banks are dominent inatitutions of national & international financial system. It has become the heart of the economy. Banks cannot remain indifferent to developments in national as well as international financial system. Banks are highly leverage & exposed to exchange rate risk, international interest rate risks. Now a days we are living
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