We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Bank Essay Examples

Capitec Strategy to success

...Fixed-term savings gives one the ability to choose from two deposit options. The first is a “single deposit” which can run from a period of 6 to 60 months with a minimum balance of R10 000 and a maximum investment of R5 million (Capitec Bank, 2014). The second option is “multiple deposits” which can run from a period of 6 to 24 months with a maximum investment amount of R1 million. The interest rate is fixed for the full term and interest gained from this option can either be reinvested ...

Josef Ackermann

...It is unusual to find all four styles in one leader. However, it is important for leaders to be aware of their weaknesses. The Director can become dominating and insensitive while weaknesses of the Analyser are perfectionism and inflexibility. Leadership style has a major impact on the success of an organisation. Without Josef Ackermann´s determination, focus and vision as a Director and Analyser, Deutsche Bank, may not have become one of the world´s leading financial services with global focu...

Disaster Recovery Planning in Banking Sector

...With the expansion of financial industry, banks become more sophisticated technology users; the disaster recovery plan will play a more important role in the banking sector. The bank’s disaster recovery plan can help the bank to mining the lost due to an unexpected disaster and recover the bank back to use as soon as possible, but it acquired the bank to plan a disaster recovery plan system and effectively before the disaster happens. An effective disaster plan is made under the strict require...

The marketing plan of Barclays Bank

...Barclays Bank is one of the leading operations in the UK financial sector with exposure to Europe, North America, the Middle East, Latin America, Australia, Asia and Africa. Duringthe ongoing economic crisis Barclays Bank is one of the few UK operations to turn downstate funding from the UK government which has ultimately given directors more controlover the future direction of the company.The history of Barclays Bank can be traced back to 1690 when John Feame and ThomasGould began trading in Lo...

Merchant Banking

...The recent developments in merchant banking are due to certain contributory factors in India are : The merchant banking was at its best during 1985-1992 when there were many new issues . It was expected that 2010 going to be good time for merchant banks , as many new issues are coming up . The foreign investors- both in the form of portfolio investment and through foreign direct investments are venturing in Indian Economy. It is increasing the scope of merchant bankers in many ways. Disinvestmen...

Internship Report on Customer Satisfaction on the Services of Al-Arafah Islami Bank Limited

...& interest rates that are offered by MBL?| 0| 18| 25| 7| 0| 14.| Do you think the numbers of branches are satisfactory compare to other Banks?| 0| 20| 23| 7| 0| 15.| Are you satisfied with the different promotional campaign of MBL?| 0| 3| 26| 12| 9| 16.| Do you think the employees are highly efficient?| 5| 15| 26| 4| 0| 17.| Do you think the process of taking loan is very easy?| 0| 14| 12| 24| 0| 18.| Are you satisfied with the total working process of the MBL?| 0| 11| 30| 9| 0| 19.| Do you ...

Impact of mobile and internet banking

...However the adoption of internet banking has enhanced performance of the banking industry due to increased efficiency, effectiveness and productivity. The study found that mobile banking faces various challenges among them being, system delays by the mobile money transfer service providers, slow processing of transactions especially during the weekends, high transactions costs, limit on the amount of money that can be withdrawn in a day and fraud. These challenges can be solved through regular m...

Corporate Salary Package

...State bank of India should comprehensively advertise about the product at strategic locations keeping in mind the image of the bank. With more and more people becoming computer literate Internet as a preferential method of placing request for a loan is becoming popular. ICICI has already provided a link at its website through which a customer can submit his request for a PL for online approval. It is of a quite strategic importance to introduce this method of sourcing of the personal loan applic...

Customer Satisfaction with E Banking in Bangladesh

...At present all types’ business organization performs primarily for customer satisfaction. E-banking is service oriented industry. The first choice of E-banking is to customer satisfaction. Customers are habituated with organization culture. Culture is built up in the practice of years. So customer attitude toward organization is born observing and experiencing an organization’s practice and performance. Through innovative, structural and scientific training the employees of E-banking can pro...

Digital Bangladesh

...If this system can be introduced in all banking institutions in our country, Bangladesh will be able to step into a digital one. Setting up online information center: the information services of different public and private sector can be made reach to the door-step of the people by setting up online information centers. Then people will be able to collect different data or information from this information center. Not only that they will be able to know about the final institutional conditions a...

Reaction Paper in Opening Bank Account

...Opening bank account today would seem so easy. We can easily avail of a wide range of deposit products that answer our needs for greater accessibility to our funds, value-added features, competitive rates and convenience. Upon opening an account to the bank (RCBC), the bank gave me a registration form that includes details and some basic information about my identity. Honestly, I find it uneasy to fill up those forms because of lots of information it requires. However, I just used to think that ...

Attachment Report: Kenya Seed Company Limited

...I must acknowledge that going for an attachment was one the most interesting and captivating things in my life. One of the most valuable lessons learnt from the internship is that it is of the essence that one enjoys their job. It is unimaginable that a person should go through so many years of schooling just to end up sulking each and every day of their work – such people were met during the attachment; it is not a desirable state to be in. In most of the cases,the internship served to teach ...

First Security Islami Bank

...Nationalized CommercialBanks (NCBs), Private Banks, Foreign Banks, Specialised Banks and Development Banks. However, 28 outof 50 banks in Bangladesh are private, of which only 7, namely Islami Bank Bangladesh Limited, ICB Islamic Bank, Al-Arafah Islami Bank Limited, Social Investment Bank Limited,Exim Bank,Shahjalal Bank and First security Bank Ltd have been operating as Islamic banks. Besides these full-fledged Islamic banks, 10 conventional banks in the private sector have opened 25 full-fledg...

Four basic models of the BGS relationship

...While the Dutch-Bangla Bank Limited is a business enterprise, its Foundation, established in June 2001, is dedicated to working in social arenas with the greatest need, as part of their corporate social responsibility (CSR). The Dutch-Bangla Bank Foundation carries out diverse social and philanthropic activities in the field of education, health, conservation of nature, social awareness, human rehabilitation, and other programs to reduce human suffering. The social commitment of the Dutch-Bangl...

Malaysia’s financial service

...Maybank target is to have one third of their domestic financing backed by Islamic financial assets by 2015. To achieve this, Maybank Islamic banking operations will take full advantage of Maybank’s huge domestic branch network as well as its electronic banking platforms and the various distribution outlets of Maybank strategic partners. Maybank also aim to grow their Islamic business in markets like Indonesia and Singapore. Our Islamic banking operations, meanwhile, will focus on delivering in...

Impact of Electronic Banking System

...Banking? International Finance Vol. 3, No. pp. 211 – 27 Friedman B. (1999). The future of Monetary Policy: The Central Bank as an Army with Only a Signal Corps? International Financial, Vol. 2. No. 3 pp. 321 – 38. Goodhart Charles A.E (2000) can Central Bank Survive the IT Revolution? International Finance Vol. 3, No. 2 pp. 189 – 209 Hackathorn. R (2003) Factor for Implementing Active Data warehousing datawarehouse. Com. Halleiner. E (1998) Electronic Money: A Challenge to the Sovereign st...

Effect of cashless police in nigeria

...Table 1 shows the view of respondents on benefits of cashless economy in Nigeria. The lowest percentage, 11.1% of the respondents, believed that cashless policy will increase employment. A higher percentage, 22.2% of the respondents, believed that cashless policy in Nigeria will reduce cash related robbery thereby reducing risk of carrying cash. The highest percentage of the respondents believed that cashless policy will reduce cash related corruption (33.3%) and cashless policy will attract mo...

A Case Study of Joint Venture Banks in Nepal

...It is obvious from the theoretical prescription that the health of commercial banks largely depends on the quality of assets held by them, and quality of the assets relies on the financial health of their borrowers. As stated earlier, many indicators can be used to measure the quality of assets held by commercial banks. But, here, only two simple indicators— non-performing asset ratio and loan loss reserve ratio—are used to measure the quality of assets being held by banks. The increasing tr...

Reserve bank of India

...Some of this problems are results of the dominant part of the public sector. Related functions-The RBI is also a banker to the government and performs merchant banking function for the central and the state governments. It also acts as their banker. The National Housing Bank (NHB) was established in 1988 to promote private real estate acquisition. The institution maintains banking accounts of all scheduled banks, too. RBI on 7 August 2012 said that Indian banking system is resilient enough to fa...

Bullet in the Brain” by Tobias Woolf

...His own happiness and joy in finding imperfectness in everything led to his downfall. It would be very reasonable to say the Anders triggered his own downfall but the robbers style of communicating also ignited the situation. Anders criticizes everything and the style of talking that the robbers conversate with was clearly distinctive enough for Anders to have a comment about it. Their dialogue provoked Anders. Who knows if there would have been a different approach of conversating from the robb...

Traditiona banking vs modern banking

...The management of the Bank is under the Managing Director who is supported by Eight (8) functional Directorates namely Finance, Banking Operations, Credit, Information Technology, Internal Audit, Legal Services, MD’s Office and Human Resources & Administration, each headed by a functional Director. The functional directors are assisted by managers. The branches are managed by Branch Managers reporting to Director of Banking Operations. Current staff compliment stands at 250 employees where...

Royal Bank of Canada in Thailand

...Courtesy of the IMF’s $16.7 billion bailout of Thailand, the bank of Thailand’s governor declared that the country’s economy was headed for recovery in three years. Leaving the county now is not a good idea because should the economy recover and continue to grow, it would be a difficult and long process to reacquire even BIBF status in the country. In order to reenter Thailand in the future the country would have to invite RBC to apply, and then RBC would need to pass the application proce...

The procedure of discounting and collecting Hindies

...Such projects are undertaken on a large scale and are often extended to new parties also. The Group, therefore, recommends that the services rendered/delivered by firms/companies engaged in services sector may be considered on the same footing as of sale of goods. Banks may be permitted to entertain purchase/discount of bills drawn by service providers on their debtors, subject to the satisfaction of the banker that the service has been rendered. The definition of a bill eligible for discounting...

Importance of EPF

...The applicant are eligible to apply if buy or build a residential house (type: bungalow / terrace / semi-detached / apartment / condominium / studio apartment / service apartment / townhouse / SOHO) or a shop lot with residential unit. The purchase is financed through: Housing loan from any of the institutions as follows: Financial Institutions licensed under the Banking and Financial Institutions Act 1989 (BAFIA) Central / State government or any other government financial agencies Member’s e...

Report on NMB

...3. The internee known about the role of NRB in clearing of cheques through manually and ECC. 4. The internee was able to handle problems and queries related to walk-in and existing customers. 5. The internee learnt how to deal with customers, senior staff members and co-internees. 6. The internee known about the corporate culture of the organization. 7. Wearing formal dress, greeting, being polite, having patient and being sincere in the bank. 8. The internee develop the skill about how to opera...

Bank of America Case Study

...The name of the company clearly states who the costumers should be. My recommendations would be to focus on the sponsorships within the America. NASCAR, NFL and Baseball are great opportunities to create relationships with their costumers. They might even try to become the Official bank of NFL one day. With that said I think the bank should try and sponsor less of the global sporting events such as the Olympic committee. The PGA tour, while it is played in the US it is televised in the whole wor...

Case Study Jyske Bank

...I think Jyske Bank can continue its growth and success and I am willing to invest in Jyske Bank. Because the bank already has its own competitive positioning that they made a lot of changes on service delivery in both tangible and intangible sides. Secondly, the leadership that Jyske Bank established is also an important reason, Jyske was the largest and most richly- priced bank in Demark in 2003, and they achieved the leadership in customer and employee satisfaction, which enable Jyske to step...

Marketing strategies of state bank of India

...4 Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India. In 2008, the government of India acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of interest because the RBI is the country's banking regulatory authority. In 1959, the government passed the State Bank of...

Role of Technology in Banking Sector

...This service is entirely web based, where sender can use his credit card / debit card for remitting the amount though their website. After remitting you are asked to provide the details of recipient. Electronic Clearing System (ECS) : It stands for Electronic Clearing Service ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution of dividend, interest, salary, ...

Functions of Reserve Bank of India

...RBI Implements the Deposit Insurance Scheme for the benefit of bank depositors. This supervisory function has improved the standard of banking in India due to this confidence building exercise. Under this system, deposits up to Rs.1.00 lakh with the bank branch are guaranteed for payment. Deposits with the banking system alone are covered under the scheme. For this purpose banking system include accounts maintained with commercial banks, co- operative banks and RRBs. Fixed Deposits with other fi...

Commonwealth Bank Business Report

...Smith (2012) stated that CBA appears to be ahead of competitors in its IT development strategy and this has induced CBA to attain not only cost and operational efficiency but also improve customer satisfaction. As a result, due to its new modernization in core banking system with best in class online banking platforms, CBA has attained the biggest improvement in its customer satisfaction score out of big fours and achieved Money magazine’s best innovative awards in 2014(News 2014). Moreover, C...

National Bank

...The NBL carries out all traditional functions, which a commercial bank performs such as mobilization of the deposit, investment of funds, financing export and import business, trade and commerce and industry. The banking sector in the country faced different problems thought the year. Even through the board and management never stopped its effort to maximize wealth, which is reflected by 143.97percent profit growth in 2007, highest ever in the last 15 years. The bank earned the 676.45 core reven...

Short Paper: Too Big to Fail

...Lu Zhang and Yue Yang (2012, December 17). The monopoly of China National Petrolem Corporation and China Petrolem Chemical Corporation. Finance Magazine. Retrieved from http://business.sohu.com/20121217/n360638179.shtml David Wessel (2009, October 28). Three Theories on Solving the 'Too Big to Fail' Problem. The Wall Street Journal. Retrieved from http://online.wsj.com/articles/SB125668497563411667 Xianfeng Yu (2007, Augest 27). The privatization of China National Petrolem Corporation and China ...

Capital One Case Study

...K. Maguire, 2005, Capital One rolls with the punches, http://news.yahoo.com, March 21 http://wwwcapitalone.com. M. McCarthy, 2005, Capital One's 'What's in your wallet?' ads filling airwaves, http://wwwusatoday.com. March 13. S. Maranjian, 2005, How to owe $40,000 by doing nothing, http://wwwfoolcom, February 11. R. Barker, 2003, Who's minding the store at Capital One? http://wwwbusinessweek.com. March 24. 2005, Fitch places Capital One on rating watch positive; Hibernia on watch negative, http:...

Standard Chatered Bank (Scb)

...Employees are evaluated by how well they accomplish a specific set of objectives that have been determined to be critical in the successful completion of their job. This approach is frequently referred to as. Management by objectives. Management by objectives is a process that converts organization objectives into individual objectives. It can be thought of as consisting of four steps: goal setting, action planning, self- control, and periodic reviews. In goal setting, the organization's overall...

Commerce Bank Case

...edition. Irwin/McGraw-Hill, New York, NY. Frei, F. 2006. Commerce Bank. Harvard Business Review. Harvard Business School Publishing, Boston, MA. McBride, G. 2005. “Banks need to sell customer service”. http://www.bankrate.com/brm/news/bank/20051024a1.asp Accessed 21 August, 2012. Sherman, H.D. and G. Ladino. 1995. Managing Bank Productivity Using Data Envelopment Analysis (DEA). Interfaces 25:2 p. 60-73. Wood, J. and P. Berg. 2011. Rebuilding Trust in Banks. Gallup Business Journal. http://b...

External environment for banking industry

...Similarly, commercial banks' competitive strategies are shaped by both new technologies, and the limitations of technology. Retail banking had traditionally been built around the paper-based payments, but IT has created new strategic possibilities for it. Electronic delivery of banking services can reduce a bank's overhead costs to a great extent. However abandoning bank branches can also give rise to disastrous strategic costs. New technologies have a led to a great transformation in the risk m...

"My Financial Career" by Stephen Leacock

...In conclusion the man failed because the lack of care from the people in the bank and his shyness, pride. He would not have failed if he was more insistent on getting his job done ignoring his pride or if the people in the bank helped him warmly. This is a humorous story but the writer wrote the story based on real situations. He tells us that people in big banks only cares about money, normal people with little money are not very important to them. The writer thinks both rich and poor people sh...

The Farmers' Grievances

...Finally, the farmers believed that their chief grievance was against the system of money and banking. The value of the dollar was greater than it once had been. It would buy two bushels of grain where formerly it would but only one. The overproduction theory, low prices of goods and high interest rates added together with the commissions, debts and mortgages made the rising value of the dollar a serious matter for the farmers. By 1879, the greenback currency reached a full value with gold. This ...

Capital City Bank Case Analysis

...Shortly thereafter, the Branch Marketing group decided to solicit the same account for the Common Trust Fund of the Trust Division. To attract Oriental to participate in the fund, they offered Oriental a 19% return for a P10 million 60-day placement with the Trust Division. The Finance Manager of Oriental was surprised at the disparity between the bank's lending and deposit rates but decided to take advantage of the Branch Marketing Group's offer by making the P10 million placement with the Trus...

Are You on a Short Deadline? Let a Professional Writer Help You

Get Help
image

Your Answer is very helpful for Us
Thank you a lot!