INTRODUCTION: International Finance Investment and Commerce Bank Limited (IFIC Bank) is 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 aboard. In 1983 when the Government allowed
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the fruits of the banking not reached to the common man which is evident from the below: Ø Half of the residents are out of the banking system and unable to prove their identity on account of poor financial back ground and belong to Below Poverty Line (BPL) segment. Ø 60% of farmers do not have access to credit from Banks. Ø Poor pay usurious interest at 40% to 50% to Money Lenders. Even Micro Finance Institutions charge 20-30% interest. Ø More than 40%
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introduction The major objectives of planned development have been increased national income, rural development, self-sufficiency in food, and increased industrial production. However, progress in achieving development goals has been slow. Political turmoil and untamed natural hazards of cyclone and flooding have combined with external economic shocks to persistently derail economic plans. In 1991, with the reinstitution of elected government, a new economic program was initiated that included
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the daily transactions of concerned to thecustomers for drawing or depository money , selling of the instrument to them for remittance purpose, collection of their instruments providing other services to them and keep customer section busy.Usually the following sections/departments are involved to perform the general bankingoperations: ˃ Cash Section ˃ Bills & Remittance Section ˃ Clearing and Collection Section ˃ Accounts Section Mudaraba The word 'Mudaraba' has been derived from Arabic
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patterned after the conditional cash transfer (CCT) schemes in Latin American and African countries, which have lifted millions of people around the world from poverty. The Department of Social Welfare and Development (DSWD) is the lead government agency of the 4Ps. OBJECTIVES The 4Ps has dual objectives as the flagship poverty alleviation program of the Aquino administration: 1. social
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A PAPER On “CONVERTIBILITY OF INDIAN RUPEE” By, Sr. No | Name | PRN | 1 | Mr. Sachin Jadhav | 15020448102 | 2 | Mr. Santosh Ghongade | 15020448103 | 3 | Mr. Rajan Batra | 15020448104 | 4 | Mr. Narayan P.S | 15020448105 | 5 | Mr. Sameep Gadkari | 15020448106 | 6 | Mr. Nandkumar | 15020448015 | 7 | Mr. Bhushan Patil | 15020448027 | 8 | Mr.Vikrant Birje | 15020448056 | Guided By, Prof.S.K.Vaze International Financing
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the entire population without discrimination is the prime objective of public policy. The term "financial inclusion" has gained importance since the early 2000s, and is a result of findings about financial inclusion sand its direct correlation to poverty. Financial inclusion is now a common objective for many central banks among the developing nations. Joint Liability Groups (JLGs) of the poor such as landless, share croppers and tenant farmers is another innovative mechanism towards ensuring greater
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Student Name : Victor Belinschi Student Number: 10022233 Course Title: MBA in Business Management Lecturer Name: Dr. PJ Paul Module/Subject Title: International Management Assignment Title: PESTEL Analysis Nr. of Words: 3231 (Excluding References) I have chosen to write a PESTEL analysis for LIDL (the food retailer from Europe) in the context of a potential expansion to Moldova, my home country. This particular industry was chosen because there are no major food retailers in our
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Unemployment Problem in Bangladesh Unemployment means the state of being without any work both for the educated and uneducated for earning one's livelihood. Unemployment problem has become a great concern all over the world. But nowhere in the world is this problem as acute as in Bangladesh. Thousands of people in our country are without any job. In 2010, Bangladesh’s unemployment rate was 5.1% (Source: Bangladesh Burrow of Statistics). Source: UN data, Country Profile: Bangladesh Cause of
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Global Financial Crisis The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out
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