General Banking of Jbl
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Introduction
|1.1 Introduction |
|1.2 Objectives of the Report |
|1.3 Importance of the topic |
|1.4 Methodology |
|1.5 Source of Data |
|1.6 Scope of The Report |
|1.7 Limitation |
1.1 Introduction
Generally by the word “Bank” we can easily understand that the financial institution deals with money. But there are different types of banks like; Central Banks, Commercial Banks, Savings Banks, Investment Banks, Industrial Banks, Co-operative Banks etc. But when we use the term “Bank” without any prefix, or qualification, it refers to the ‘Commercial banks’. Commercial banks are the primary contributors to the economy of a country. So it can be said that Commercial bank is a profit-making institution that holds the deposits of individuals and business in checking and savings accounts and then uses these funds to make loans. For these people and the government is very much dependent on these banks as the financial intermediary. As, banks are profit-earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit for the bank.
Banking sector is expanding its hand in different financial events every day. At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. As the demand for better service increases day by day, they are coming with different innovative ideas & products. In order to survive in the competitive field of the banking sector, all banking organizations are
Introduction
|1.1 Introduction |
|1.2 Objectives of the Report |
|1.3 Importance of the topic |
|1.4 Methodology |
|1.5 Source of Data |
|1.6 Scope of The Report |
|1.7 Limitation |
1.1 Introduction
Generally by the word “Bank” we can easily understand that the financial institution deals with money. But there are different types of banks like; Central Banks, Commercial Banks, Savings Banks, Investment Banks, Industrial Banks, Co-operative Banks etc. But when we use the term “Bank” without any prefix, or qualification, it refers to the ‘Commercial banks’. Commercial banks are the primary contributors to the economy of a country. So it can be said that Commercial bank is a profit-making institution that holds the deposits of individuals and business in checking and savings accounts and then uses these funds to make loans. For these people and the government is very much dependent on these banks as the financial intermediary. As, banks are profit-earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit for the bank.
Banking sector is expanding its hand in different financial events every day. At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. As the demand for better service increases day by day, they are coming with different innovative ideas & products. In order to survive in the competitive field of the banking sector, all banking organizations are
Bibliography: ← Annual Report of Jamuna Bank Ltd.( 2008) ← Several Booklets from Jamuna Bank Ltd.