Regular used words in banking world

Regular used words in banking world

Regular used words in banking world Promissory Note Promissory Note is an instrument in writing (not being a banknote or a currency note), containing an unconditional undertaking, signed by the maker, to pay on demand or at a fixed or determinable future time a certain sum of money only to, […]

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What is the definition of a Bank

What is the definition of a Bank?

What is the definition of a Bank? Definition of Bank Bank is a financial institution or corporation which deals with money and its substitutes; it also provides other financial services. Banks accept deposits and make loans and obtain a profit from the difference in the interest paid to lenders (depositors) […]

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The-Role-of-Central-Banks-in-Islamic-Banking

The Role of Central Banks in Islamic Banking

The Role of Central Banks in Islamic Banking Dr. Iraj Toutounchian Prof. C. G. Harcourt: “…ideologies…affect the topics discussed, the manner of discussion, the factors included or left out or inadequately stressed in arguments, comments, and models and attitudes shown, sympathetic or hostile,…to past and contemporary economists’ works and views. […]

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Islamic-Investment-Products-Available-In-The-United-Kingdom

Islamic Investment Products Available In The United Kingdom

Islamic Investment Products Available In The United Kingdom By Professor Rodney Wilson, University of Durham, United Kingdom Introduction London has become the largest international centre for Islamic finance outside the Muslim World, largely as a result of the City’s role as a centre for Middle Eastern and Asian banking. Treasury […]

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SWIFT

SWIFT History

SWIFT History SWIFT is the acronym of Society for Worldwide Interbank Financial Telecommunication (SWIFT)  SWIFT History * Increase in International trade and commerce after World War-II * Efficient Banking System for payment mechanism with Security, Reliability and Confidentiality was needed. * Computer and Telecommunication technology came to rescue. * SWIFT […]

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Professionalism in Banking Sector

Professionalism in Banking Sector

Professionalism in Banking Sector Professionalism is being aware of the language of time. People need to be professional for the betterment of the institution by recognizing the do and don’t of the job. Professionalism tends to abide by the commands of the authority that synchronizes with the professional knowledge, that […]

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Registration And Regulation Of Stock Exchanges

Registration And Regulation Of Stock Exchanges As the securities and exchange ordinance, 1969 ,Bangladesh Sec.-3: No Stock Exchange to Operate Without Registration.- No Stock Exchange shall operate or carry on its functions and no person shall use or utilize, for the purpose of any transaction or dealing in any security, the […]

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Indian bank’s Query and Reply Arising from global People

Indian bank’s Query and Reply Arising from global People Collected By : Mobin RBI GK Questions-General Knowledge Questions and Answers updated on Mar 2018 Important General knowledge questions about Reserve Bank of India (RBI) When did Reserve Bank of India (RBI) formed? Answer: 1935 april 1 When did Reserve Bank of […]

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