Basic Principles of Bank

Basic Principles of Bank

Basic Principles of Bank: Bank runs their business by taking the money of others so it is a risky business organization. Avoiding all risk to establish strong, dependable and skilled banking business otherwise the economic developments will be hampered of the country. To setup a strong and dependable banking business it should have to follow some basic principles. These are given below:

  1. Principles of adequacy or solvency:
  2. Principles of profitability:
  3. Principles of safety:
  4. Principles of liquidity:
  5. Principles of honesty and reliability:
  6. Principles of efficiency:
  7. Principles of economy:
  8. Principles of services:
  9. Principles of publicity:
  10. Principles of secrecy:
  11. Principles of localization:
  12. Principles of be awareness:
  13.  Principles of specialization:
  14. Principles of management:
  15.  Principles of goodwill:
  16. Principles of investment:
  17.  Principles of objectives:
  18. Principles of development:

Financial information of Bangladesh

Financial information of Bangladesh Financial Statistics year (June, 2016) Total Number of Commercial Banks: 56 State Owned Bank: 6 (Agrani Bank Limited,Janata Bank Limited,Sonali Bank Limited,Rupali Bank Limited,Bangladesh Krishi Bank,Rajshahi …

FOREIGN CURRENCY ACCOUNTS

FOREIGN CURRENCY ACCOUNTS   PRIVATE FOREIGN CURRENCY ACCOUNTS Opening of FC accounts with ADs in Bangladesh 1. (i) The ADs may without prior approval of the Bangladesh Bank open foreign …

BANKING

Central bank governors list

Central bank governors list List of Central bank governors of the world The list of the governors of important banks. Governor is generally the head/ chairman of the central bank …

About Branch Banking

About Branch Banking   About Branch Banking: Wikipedia says A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (and …