33.3 Functions of Commercial Banks The functions of a commercial banks are divided into two categories: i) Primary functions‚ and ii) Secondary functions including agency functions. i) Primary functions: The primary functions of a commercial bank include: a) accepting deposits; and b) granting loans and advances; a) Accepting deposits The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find it convenient to
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Bangladesh Commercial Banking Report Q3 2009 Description: Bangladesh Commercial Banking Report provides industry professionals and strategists‚ corporate analysts‚ banking associations‚ government departments and regulatory bodies with independent forecasts and competitive intelligence on Bangladesh’s commercial banking industry. This report follows a rigorous approach to analysing commercial banking sectors around the world. We have collated data relevant to national commercial banking sectors
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Executive Summary This report is about bank‚ history and functions contains what I have learned in my six week internship at MCB (Ltd). It starts with its success story and brief introduction of management. This report contains detail about business practices in MCB‚ its current financial statement‚ position‚ working of its different departments in MCB Gojra Branch and about of how a letter of credit is used in bank. The purpose of exercise was to learn while working in practical field‚ especially
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1. United Commercial Bank is amongst the largest banks that serve the Asian-American community in the San Francisco region. The main focus is on Chinese community and thus it has 46 branches in California and offices and branch in Hong Kong‚ China and Taiwan. The vision and mission of the bank since its establishment has been time deposits and is spread all over San Francisco and Los Angeles as the largest bank to Asian community. The main focus is on loans of which majority loans are for real estate
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Commercial Bank of Ceylon Limited Introduction: Commercial Bank of Ceylon (CBC) entered the banking business in Bangladesh in the year 2003. In the mean time it has proven to be a rising foreign bank here. Since inception its economic growth both in corporate and retail departments are quite big. Till now Commercial Bank of Ceylon has developed a network of nine branches‚ two offshore units‚ six SME centers and four offsite ATMs. One card center takes care of all card related activities of the
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Title : Critically evaluate the Recruitment and Selection process at HDFC Bank(India). Aim: At this point we are nor concerned with desirability of recruitment process since it can not be avoided. Instead our concern is focussed of those questions like recruitment for what purpose. On what basis should it be written down and saved or not? If saved for ever or for a year or two? These are issue to be argued and these are the elements that make manpower planning ground or bad‚ effective or ineffective
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Pp.118-136 New HRM Practices in the Public and Private Sector Industrial Enterprises of Bangladesh: A Comparative Assessment Mir Mohammed Nurul Absar1 and Monowar Mahmood2 This study explored adoption of new HRM practices in the public and private sector organizations of Bangladesh. We collected data from sixty industrial enterprises located in the main industrial city of country‚ i.e. Chittagong. The study revealed significant difference on adoption of new HRM practices between public and
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maintaining and motivating a labor force. Figure 1: Functions of HRM. Human resource management study includes human resource planning‚ job analysis‚ Managing Careers‚ Human Resource Information System‚ Recruitment‚ Selection‚ Performance Appraisal‚ Socialization‚ training and development on different organization. It helps to maintain the department’s contribution at a level appropriate with the organization’s needs. HRM practices in Bangladesh: HR managers had an inferior position in company
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Good Practice in Human Resource Management HRM - Transcript 1. Good Practice in Human Resource Management (HRM) Based on an interview with Graham Walton‚ Library Service Development Manager at Loughborough University ExFiles FOLIO Course – January 2007 2. Graham’s Current Role Graham is the Library Service Development Manager at Loughborough University. He is responsible for overseeing the quality /evaluation of library services‚ marketing and publicity‚ developing new services‚ training staff
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has suggested that merge of commercial and investment banks is a better approach to achieving stability. After the global financial crisis‚ the American economy went into recession. The policy priority of American government was then to intervene into its banking system so as to mitigate the impact of the crisis. One advantage of the merger of banks is that it can improve the overall condition of the economy (Khan‚ 2012). The merger of banks unites small and weak unit banks which will then be able to
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