to the economy of a country. So it can be said that Commercial bank is a profit-making institution that holds the deposits of individuals and business in checking and savings accounts and then uses these funds to make loans. For these people and the government is very much dependent on these banks as the financial intermediary. As‚ banks are profit-earning concern; they collect deposit at the lowest possible cost and provide loans and advances at higher cost. The differences between two are the profit
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Commercial banking activity BLF is an old established leading bank in Corporate Banking and an active professional provider of quality services to the Lebanese and regional markets. Our specialized team covers all segments of the business and is fully dedicated and committed to present our clients with needed advisory and adapted solutions to their requirements. Commercial banking activities are carried out through two main commercial divisions: the small and middle market banking division and
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Westward expansion was an important part of not only American history but the history of Native Americans as well. In a sense this journey seemed like a good idea and even an opportunity to further colonize the land but there was one problem‚ a group had already claimed the land as their home. This minor set back did not discourage Americans from working towards manifest destiny. The ways of the Native Americans were very different from those of the new settlers which caused much conflict and misconceptions
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Expansion and Merger ECO 550 Explain why government regulation is needed‚ citing the major reasons for government Involvement in a market economy. It is vitally important for all companies and organizations to be sure the required government and legal regulatory authorities are involved anytime a merger or expansion is in the works. There is a wide-range of requirements that authorizes the government to intervene in any action that could lead towards a merger and/or acquisition
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and its customer. A bank account can be a deposit account‚ current account‚ loan account or any other type of account offered by a bank. Traditionally banks in India have four types of deposit accounts‚ namely Current Accounts‚ Saving Banking Accounts‚ Recurring Deposits and‚ Fixed Deposits. However‚ in recent years‚ due to ever increasing competition‚ some banks have introduced new products‚ which combine the features of above two or more types of deposit accounts‚ of which‚ some of them are as
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The Organization Profile: 1.1 Historical Perspective Dhaka Bank Limited is the leading Private Sector Bank in Bangladesh offering full range of Personal‚ Corporate‚ International Trade‚ Foreign Exchange‚ Lease Finance and Capital Market Services. Dhaka Bank Limited is the preferred choice in Banking for Friendly and Personalized Services‚ cutting edge Technology‚ tailored solutions for Business needs‚ Global reach in Trade and Commerce and high yield on Investments‚ assuring Excellence in Banking
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provide banking services based on Islamic principles. The bank‚ which started its operation with only 3 branches in the first year of its inception‚ has now 207 branches in 26 years of operation. As a bank‚ Islami Bank Bangladesh Limited receives deposits from its customers from all over the country as well as from abroad on profit and loss sharing basis and deploys that fund to different investment clients to gain profit. The bank distributes an agreed portion of the profit earned to the customers
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The Marketing Mix is a business tool used in marketing and by marketing professionals. The marketing mix is often crucial when determining a product or brand’s offering‚ and is often synonymous with the four P’s: price‚ product‚ promotion‚ and place; in service marketing‚ however‚ the four Ps have been expanded to the Seven P’s (Product‚ Price‚Place ‚Promotion ‚People ‚Process ‚Physical Evidence) to address the different nature of services. The Marketing Mix is a business tool used in marketing
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Branch issued 280 certificates of time deposit (CTDs) in favor of one Angel dela Cruz who deposited with herein defendant the aggregate amount of P1‚120‚000.00. Angel dela Cruz delivered the said certificates of time deposit (CTDs) to herein plaintiff in connection with his purchase of fuel products from Caltex (inc). Sometime in March 1982‚ Angel dela Cruz informed Mr. Timoteo Tiangco‚ the Sucat Branch Manager‚ that he lost all the certificates of time deposit in dispute. Mr. Tiangco advised said
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12-year “accumulation period‚” Sunrise wishes to the fund the annuity by making equal‚ annual‚ end-of-year deposits into an account earning 9% interest. Once the 20-year “distribution period” begins‚ Sunrise plans to move the accumulated monies into an account earning a guaranteed 12% per year. At the end of the distribution period‚ the account balance will equal zero. Not thate the first deposit will be made at the end of year 1 and that the first distribution payment will be received at the end of
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