FOR BANKS With the increase in population and trust of people in the banks, the banks started to perform many other functions to facilitate the different sectors of economy in addition to their basic functions of accepting deposit and lending money. Because of expansion in banking business, it became very difficult for banks to perform the entire functions just under one roof. So the banking experts decided to divide the banks according to their importance and functions. 1.2 TYPES OF BANK 1)
Words: 7114 - Pages: 29
internship program that I had experienced in the Head Office of BRAC Bank Ltd. From May 18, 2008 to August 17, 2008 as a requirement of my BBA program under Department of School of Business, North South University. This report is divided into two broad parts: one is the organization part and another is the project part. In the organization part, I introduced the Latest and one of the largest banks of our country— the BRAC Bank Ltd. On the other hand, in the project part, I focused on the findings
Words: 22347 - Pages: 90
An in depth managerial analysis of An in depth managerial analysis of Dhaka Bank Limited Prepared for Ms. Nusrat Nabi Course Instructor MGT 210.25 Prepared by Foresight Members: Ishan Debnath ID:1120608030 Mofizur Rahman Hridoy ID:1120391030 Mohammed Raisul Islam ID:1120263030 Rezwan Arifin Khan ID:1130027030 Saidi Hossain ID:1130010030 School of Business North South University August 7, 2012 Ms. Nusrat Nabi Lecturer School
Words: 4942 - Pages: 20
We choose BRAC Bank as our company because BRAC Bank has one of the strongest Human Resource Departments in the banking industry. And all the credit of their current performance in the banking sector goes to the “People” of the organization which are selected and retained by the HR department. In this report we will be discussing mainly about the Human Resource activities such as recruitment, selection, orientation, training and compensation procedures of BRAC Bank. Since the bank deals with different
Words: 6661 - Pages: 27
consists of banking, global business, insurance and re-insurance and other non-banking financial intermediaries. This is better explained below: The Mauritian Financial Services Sector Banking (regulated by Bank of Mauritius) Non-banking -Banks of Mauritius (regulated by FSC) -Foreign Exchange Dealers
Words: 6505 - Pages: 27
By Alan Zibel Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--A U.S. bank regulator on Thursday cited Citigroup Inc. (C) for failing to comply with a federal law that requires banks to establish protections against money-laundering but didn't impose a fine. The Office of the Comptroller of the Currency said that Citi's U.S. banking unit showed deficiencies in its compliance with the bank-secrecy act, which requires banks to report on suspicious activities and maintain other protections against
Words: 6341 - Pages: 26
knowledge on the Retail Banking services provided by the Private Conventional Banks and the Islamic banks in Bangladesh. Today, banks realize the importance of Retail Banking and its potential to help them acquire new customers, retain existing ones and maximize their lifetime value. this report provides an overall view of Retail Banking services in Bangladesh. the services provided by Private Conventional Banks and the Islamic banks are mentioned. Followed by are the products that are being used to provide
Words: 14653 - Pages: 59
Reckless lending by banks and financial institutions and slack regulatory system were at the root of the crisis, which is perhaps the gravest since the Great Depression of the 1930s. Amid a severe credit crunch, the rich economies have entered into a deep recession. IMF economists predict the global economic growth to fall from 5.6% in 2007 to 3.9% in 2008, and to 3.0% next year. Billions of dollars pumped by the rich and the emerging economies to bail out the distressed banks or to boost their economies
Words: 6686 - Pages: 27
Part 1 (Chapters 1, 5 and 6) Overview: Commercial Bank Management Chapter 1 How large is the financial services industry (commercial banks, investment banking, insurance) as a proportion of the US Economy’s corporate assets? 10%? 20%? 50%? More? ~70% Why study commercial banks separate from other types of firms (Retail / Manufacturing)? Because commercial banks have some fundamental differences from non-financial firms: 1) Commercial banks have primarily financial assets; non-financial
Words: 6397 - Pages: 26
Industry in Bangladesh---------------------------------------------------------- 3.1 What is a Bank? ----------------------------------------------------------------------5 3.2 Definitions of Bank form different view -------------------------------------5 3.3 Where does the word BANK come from? ------------------------------------6 3.4 Why Banks? Why don’t go to another financial institution? -------------7 3.5 Banking System in Bang
Words: 5756 - Pages: 24