Trust Bank Limited Principal Branch Dhaka TBL/PR/CR/2010/ August 22‚ 2010 The Executive Vice President Retail & Consumer Banking Division Trust Bank Limited Head Office Dhaka-1000 Subject : Proposal for sanction a Car Loan facility for Tk.8.00 Lac (Taka Eight Lac) only for purchasing 1 (one) unit reconditioned Toyota F-Premio 2006 under our car loan scheme favoring Mr. Md. Sohel Khan -a customer of our branch. branch
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money in circulation causes the money to lose value”-this is the true meaning of inflation. What is Inflation. The rate at which the general level of prices for goods and services is rising‚ and‚ subsequently‚ purchasing power is falling. Central banks attempt to stop severe inflation‚ along with severe deflation‚ in an attempt to keep the excessive growth of prices to a minimum. (Investopedia) a. Kinds of Inflation Inflation means a sustained increase in the general price level. However‚ this increase
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ASA Bangladesh Research Brief History of ASA ASA stands for Association for Social Advancement‚ which is a non-governmental organization aiming at helping poor people to get out of poverty. Bangladesh earned its independence in 1971‚ but because of the war‚ the whole country needed to be reconstructed. The unstable and bureaucratic political system slowed down the speed of economic development. In the meantime‚ some small non-governmental organizations stepped into Bangladesh to help the local
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Corporate Failure of Bank of Credit and Commerce International (BCCI) Introduction and background: Bank of Credit and Commerce International known as BCCI was founded by Pakistani financer Mr. Agha Hasan Abedi in 1972. It’s headquarter was located in London and was incorporated in Luxembourg. BCCI was ranked 7th largest private bank with total assets which amounts to $20.6 billion. By the end of 1988‚ BCCI’s network included 417 offices in 73 countries. The annual report noted that the bank now served 1
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A Macro Economic Analysis Of Bangladesh. Submitted By: Zia Uddin Bablu. Section: A‚ Roll: 93‚ Batch: 16th Department of Management Studies‚ University of Dhaka. Submitted To: Mr. Md. Kazi Raihan Uddin. Lecturer‚ Department of Management Studies‚ University of Dhaka. Date of Submission: 03-04-2013. contents | Page no. | Introduction | 3 | Fiscal channel | 3-4 | Implication of increased government borrowing | 4 | Monetary channel | 4 | Inflation | 4-6 | Food and non-food
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supposed to prepare a Report and submit that at the end of the semester‚ you are authorized to choose an interesting issue and construct a formal report on that. The issue should be the “Analysis of Basel Agreement and It’s influence on Bank’s of Bangladesh”. The report should include some key steps such as Executive summary‚ introduction‚ conclusion‚ sources of information and the analysis. The title should be a statement which will describe the report precisely. I will appreciate if you prepare
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Running head: Credit Agricole and BP Credit Agricole PARIS (AFP) – French bank Credit Agricole‚ one of the biggest European banks by capitalisation‚ reported a doubling of net profit to 1.0 billion euros ($1.42 billion) in the first quarter‚ on Friday. The price of shares in the bank showed a gain of 1.40 percent to 11.23 euros in a market up 0.57 percent overall. The outcome‚ marking an increase of 112 percent from the result 12 months ago‚ was in line with average estimates of analysts as
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bd/content/2010/05/31/news0435.htm 1.Bangladesh Finance Minister http://www.mof.gov.bd/en/index.php?option=com_content&view=article&id=107&Itemid=1 2. Bangladesh Bureau of statistics http://www.bbs.gov.bd/ 3.Bangladesh Bank 4.Income Tax Ordinance 1984 http://bdlaws.gov.bd/pdf_part.php?id=672 Bangladesh-Taxes VAT act 1991: http://www.sai.uni-heidelberg.de/workgroups/bdlaw/1991-a22.htm TAX SYSTEM OF BANGLADESH Major heads of tax-revenues of Bangladesh are as follows: A. Taxes on Income
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I. DEFINITION A LETTER OF CREDIT (Documentary Credit) is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase‚ the bank will be required to cover the full or remaining amount of the purchase. • A letter of credit is often abbreviated as LOC or LC‚ and is also referred to as a documentary credit. The parties to this document are usually an applicant who
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SUBJECT: CENTRAL BANKING CREDIT CREATION AND MONEY SUPPLY PROJECT SUBMITTED TO PROF.RASHMI CREDIT CREATION Credit creation is one of the important functions of a commercial bank. It constitutes the major component of money supply in the economy commercial banks differs from other financial institutions in this aspect. Other financial institutions transfer money from the lenders to the borrowers. Commercial banks while performing the same function‚ they create credit or bank money also. Professor
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