Background OF Bangkok Bank Bangkok Bank has been Thailand’s leading bank for more than half a century.In the 1940s‚ local Thai businessmen found that it difficult to get credit facilities from foreign banks. So‚ this gives an opportunity for them to start up a truly Thai bank. After the Bangkok Bank was set up and begins trading in 1944‚ it gets strong support from many local businesses and grew rapidly. Bangkok Bank became a dominant player in Thailand which it is the bank that used by all leading
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The Bank of Korea (BOK) is the central bank of South Korea and issuer of South Korean won. It was established on June 12‚ 1950 atSeoul‚ South Korea. The Bank’s primary purpose is price stability. For that‚ the Bank targets inflation. The 2010–12 target is consumer price inflation of 3.0 ± 1%. ------------------------------------------------- History The Bank of Korea was established on June 12‚ 1950 under the Bank of Korea Act. Following liberation on August 15‚ 1945‚ the Korean economy was
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BANK OF MAURITIUS website: http://www.bom.mu COMMUNIQUÉ CAMEL Rating for Banks The Bank of Mauritius‚ in consultation with banks‚ has today disclosed the composite CAMEL rating for individual banks for the quarter ended December 2011.1 The ratings constitute an expression of opinion of the Bank of Mauritius‚ as regulator‚ on the financial condition of a bank at a particular point in time and should not be construed as an assessment that will not change in future. The CAMEL ratings are published
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Table of Content Introduction 1 1. The Beginning of Deutsche Bank 1 2. Reconstruction Due to First And Second World War 4 3. Internationalization 4 4. Becoming a Global Player 5 5. Conclusion .6 Introduction Deutsche Bank‚ an international universal bank‚ was internationally active a short time after its foundation. The bank’s early decades were a period of rapid expansion. With its growth Deutsche Bank seemed to be unstoppable. But with the beginning of the First and Second World
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Functions of Reserve Bank of India The Reserve Bank of India Act of 1934 entrust all the important functions of a central bank the Reserve Bank of India. Bank of Issue Under Section 22 of the Reserve Bank of India Act‚ the Bank has the sole right to issue bank notes of all denominations. The distribution of one rupee notes and coins and small coins all over the country is undertaken by the Reserve Bank as agent of the Government. The Reserve Bank has a separate Issue Department which is
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roles played by bank capital in the banking business. This report briefly outlines the main functions of bank capital and takes a brief look at the benefits of bank capital to the bank and the banking industry. It is hoped that from reading this paper a general understanding of the roles of bank capital in the banking business can be gained. Bank Capital A bank ’s capital also known as equity is the margin by which creditors are covered if the bank ’s assets were liquidated. A bank must hold enough
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33 Functions of Commercial Banks 33.1 Introduction You have studied in the earlier lesson about different types of banks and their nature. It may be of interest to you now to know about the various services/functions performed by commercial banks. In this lesson‚ you will study about the various services provided by commercial banks to the business community in particular and the public in general. 33.2 Objectives After studying this lesson‚ you will be able to describe the various functions
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EVOLUTION OF BANKS IN PAKISTAN There are different opinions that how the word ‘Bank’ originated. Some of the author’s opinion that this word is derived from the word ‘Bancus’ or Banque’‚ which means a bench. The explanation of this origin is attributed to the fact that the Jews in Lombard transacted the business of money exchange on benches in the market place; and when the business failed‚ the people destroyed the ‘bench’. Incidentally the word ‘Bankrupt’s said to have evolved from this practice
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STATE STATE BANK OF INDIA interview questions : A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. State Bank of India (SBI) is the largest banking and financial services company in India by revenue‚ assets and market capitalisation. It
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Anglo Irish Bank Corporation Limited Anglo Irish Bank Corporation Limited: Overview Introduction Anglo Irish Bank Corporation Limited (UK Branch) provides business banking‚ treasury‚ and private banking services. The company is based in London‚ United Kingdom with operations in Ireland‚ the United Kingdom‚ Germany‚ Austria‚ the Isle of Man‚ Jersey‚ and the United States. Anglo Irish Bank Corporation Limited (UK Branch) operates as a subsidiary of Anglo Irish Bank Corporation Limited. 1964 – Anglo
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