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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THE IMPACT OF BANK REGULATION ON THE OPERATIONS OF COMMERCIAL BANKS IN GHANA: A CASE STUDY OF HFC BANK. Contents CHAPTER ONE 3 INTRODUCTION 3 1. 1 Background of the Study 3 1.2 Statement of the Problem 4 1.3 Research Objectives 5 1.4 Research Questions 5 1.5 Significance of the research. 5 1.6 Organization of the Study 5 1.7 Limitations of the study 6 Chapter Two 7 Literature Review 7 2.1 Definition of Terminologies 7 2.2 Regulation in the banking industry 8 2.2.1 Objectives
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and Singapore‚ it services a customer base of over around 2.6 million. The group specializes in offering top class financial services‚ catering to every segment of the industry. The various group companies include: Kotak Mahindra Bank Ltd Kotak Mahindra Old mutual Life Insurance Ltd Kotak Securities Ltd Kotak Mahindra Capital Company (KMCC) Kotak Mahindra Prime Ltd (KMPL) Kotak International Business Kotak Mahindra Asset Management Company Ltd (KMAMC) Kotak Private Equity
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COMPARATIVE STUDY OF COMMERCIAL BANKS AND CO-OPERATIVE BANKS Introduction The robust macroeconomic environment continued to underpin the financial performance of Indian banks during 2004-05‚ with major bank groups successfully weathering the impact of an upturn in interest cycle. The demand for credit was broad-based during 2004-05 with agriculture and industry joining the housing and retail sectors to drive up the demand for credit. A sharp increase in net interest income mitigated to a large
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* Question 1 0 out of 1 points | | | The Argentine banking crisis of 2001 resulted from Argentina’s banks being required to Answer | | | | | Selected Answer: | pay back the value of failed loans. | Correct Answer: | purchase large amounts of government debt. | | | | | * Question 2 1 out of 1 points | | | Newly-issued high-yield bonds rated below investment grade by the bond-rating agencies are frequently referred to asAnswer | | | | | Selected Answer:
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Banks are basically service-rendering institutions. The existence and success of banks depend on their ability to meet the various needs and wants of the customers. The new millennium has brought with it challenges as well as opportunities in various fields of economic activities including banking. The banking sector in India has undergone several changes in the areas of prudential‚ regulatory‚ disclosure and supervisory norms. The financial reforms launched during the early 1990s have dramatically
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National Australia Bank Introduction For any person who first moved to Australia‚ for education‚ business or any other purposes‚ one of their first concerns is always which bank/s are the most trust-worthy. For those who know the answer to this question‚ a typical response would be‚ “any of the big four”‚ which includes the ANZ Bank‚ Commonwealth Bank of Australia‚ Westpac Bank‚ and the National Australia Bank. National Australia Bank is often mentioned as one of the “Big four” in the banking
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Role of Central Bank Bank of Thailand (Central Bank of Thailand) The Bank of Thailand Act was promulgated on April 28‚ 1942 conferring the status of a juridical person on the Bank of Thailand and allowing it to carry out all central banking functions. The Bank of Thailand started operations on December 10‚ 1942. As per the Bank of Thailand Act‚ 1942‚ the Minister of Finance is charged with powers to look after the overall functions of the bank. The main objective of the bank is to maintain financial
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General Comparison between HDFC Bank and ICICI Bank HDFC Bank ICICI Bank Second largest private Sector bank largest Private Sector Bank Retail assets constituted 51.3% of advances in FY12. Retail assets constituted 34% of advances in FY12 Comparison on the basis of services:
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INTRODUCTION WHAT IS BANK? A bank is a financial institution‚ which deals with money and credit. It accepts deposits from individuals‚ firm and companies at a lower rate of interest and gives at a higher rate of interest to those who need them. The difference between the terms at which it borrows and those at which it lends from the source of it profit. A bank‚ thus‚ is a profit earning institution. HISTORY OF ISLAMIC BANKING IN PAKISTAN 1947 The inception of Pakistan as the first Islamic
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