BRAC Bank started its journey on 4th July‚ 2001 as a private commercial bank focused on Small and Medium Enterprises (SME). In just a decade‚ the Bank has become a leading bank in Bangladesh‚ keeping its core focus in SME yet becoming one of country’s leading financial hypermarket. Today BRAC Bank holds a dynamic network of 157 branches‚ 400 SME unit offices‚ 500 Remittance Delivery Points‚ nearly 350 ATMs and 14 Financial Kiosks across the country. The stakeholders of the bank are BRAC‚ the largest
Premium Corporate social responsibility Bank
of the least developed countries in the world. To bring about desired change in the socio-economic field‚ the role of the banks cannot be over emphasized. Agriculture‚ commerce and industry provide the bulk of countries wealth‚ without adequate banking facilities none of these can flourish. In international trade of country‚ the role of a bank is simply indispensable. Banks also contribute toward the development of capital market of a country. The development of agriculture is also largely dependent
Premium Bank International trade Foreign exchange market
The Oldest Joint Stock Bank of the Country‚ Allahabad Bank was founded in April 24th of the year 1865 at the confluence city of Allahabad by a group of Europeans. At that occasion Organized Industry‚ Trade and Banking started taking shape in India. Thus‚ the History of the Bank spread over three Centuries - namely Nineteenth‚ Twentieth and Twenty-First. As a leading public sector commercial banks in India‚ Allahabad Bank offering banking products and services to corporate and commercial customers
Premium Bank
INTRODUCTION The National Bank of Pakistan is a Commercial Bank and transacts all types of Banking Business. The National Bank of Pakistan was established on November 29‚ 1949 as a semi public commercial bank. The Bank has the distinction of acting agent of the State Bank of Pakistan and operates treasuries where the State Bank of Pakistan does not have any office. The Head Office of the Bank is at Karachi. Ever since its establishment in 1949 it has been leading Commercial Bank of the nation‚ sole
Premium Bank Central bank Commercial bank
INDIAN OVERSEAS BANK Indian Overseas Bank (IOB) is a leading nationalized bank in India‚ established way back in 1937. This Chennai based bank is represented countrywide and offers a host of value added Online banking services to its customers. The Indian Overseas Bank Online banking facility makes banking easy and hassle free. Indian Overseas Bank Net Banking is user friendly and time saving. It provides customers with anytime‚ anyplace banking facilities. The customer is only
Premium Bank
dilution of the government stake in public sector banks (PSBs) and the increased participation of private sector banks. History of Banking System Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Venice and Genoa. Origin of the word The word bank was borrowed in Middle English from Middle French banque‚ from Old Italian banca‚ from Old High German banc‚ bank "bench‚ counter". Benches were used as desks or
Premium Bank Banking
Bank Financial Management product: 4267 | course code: c222 | c322 Bank Financial Management © Centre for Financial and Management Studies‚ SOAS‚ University of London Published 2004‚ 2006‚ 2007‚ revised 2009‚ 2010 All rights reserved. No part of this course material may be reprinted or reproduced or utilised in any form or by any electronic‚ mechanical‚ or other means‚ including photocopying and recording‚ or in information storage or retrieval systems‚ without written permission from
Premium Bank
(2011) stated that a bank is a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses. Banking is generally a highly regulated industry‚ and government restrictions on financial activities by banks have varied over time and location (Cotter‚ 2003). In addition‚ Fabozzi and Drake (2009) declared that a commercial bank is one of the types
Premium Bank
Banking (16.0 points) 1. Visit the website of a large national bank‚ regional bank‚ or credit union‚ and use the information you find there to answer the questions below. EXAMPLE: Some large banks you might consider include Bank of America®‚ JPMorgan Chase®‚ Wells Fargo®‚ Citibank®‚ and U.S. Bank®. a. What is the name of the bank or credit union? (0.5 points) Bank of America b. List three facts about savings account options at the bank or credit union you chose. (3 sentences. 1.0 points) There is
Premium Bank
PROFILE Public Bank was established in August 1966 by its Founder and Chairman‚ Tan Sri Dato’Sri Dr. The Hong Piow. Beginning from a single branch‚ it has grown to be a premier banking group in Malaysia. Since its inception‚ Public Bank has played a fundamental role in improving the quality life of citizens. Today‚ Public Bank is a leading provider of financial services in Malaysia with overseas banking operation in Hong Kong‚ China‚ Cambodia‚ Laos‚ Sri Lanka‚ and Vietnam. The Public Bank Group has a
Premium Bank Financial services