The Bank Companies Act 1991 The Bank Companies Act 1991: This is the act which is meant for Commercial Banks and the Central Bank of the country as well. It is mandatory for all banks to abide by the provisions of this Act. This Act has given necessary power to the […]
Read moreAuthor: Banker Makhluk
SIBL Credit Card
SIBL Credit Card SIBL Credit Card:In today’s modern world credit card is very extensively used mode of financial transaction and it is widely known as “ Plastic Money”. It has created an immense impact in the life of the people all over the world.The same trend is being followed […]
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Bank of America Auto loan
Bank of America Auto loan Bank of America Auto loan: Auto loan benefits Whether you’re buying a new or used car or refinancing, our comprehensive auto loan services and benefits can help steer you in the right direction. Customer benefit 0.15% APR discount Bank of America customer? Shop with […]
Read moreAib Internet Banking
Aib Internet Banking At AIB , we know running a business means being fast,flexible and available at all times , Therefore , AIB designed Internet Banking to put you in the driver seat and manage your banking business anytime and anywhere . The Internet Banking provides you a fast , […]
Read moreBai Murabaha
Bai Murabaha The term ‘Bai-Murabaha’ has been derived from Arabic words ﻊﻴﺒ and ﺢﺑﺭ (Bai’un and Ribhun). The word ﻊﻴﺒ means purchase and sale and the word ﺢﺑﺭ means an agreed upon profit. ﺍﻠﻤﺮﺍﺒﺢ ﻊﻴﺒ ‘Bai-Murabaha’ means sale on agreed upon profit. Bai-Murabaha may be defined as a contract between […]
Read moreIslamic Banking- Bai Mechanism
Islamic Banking- Bai Mechanism Bai Mechanism Bai means purchase and sale of goods in cash or on credit or in advance at an agreed upon profit, which may or may not be disclosed to the client. Majority of investments of Islamic banks are extended through this mechanism. A good number […]
Read moreHow to define central bank
How to define central bank Meaning of central bank Central banking in the main monetary institution which is at the apex of the monetary and banking structure of a country.It is the leader of a money market and such as controls, regulates and supervises the activities of all commercial banks. […]
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ABSA Flexi Account
ABSA Flexi Account 1. Flexi Account A flexible transactional account Flexi Account offers value-added services to customers services including 24-hour health and medical advice, funeral cover and legal assistance. Not to give extra charge required for these services To pay for your goods and services 24-hour debit card enables you […]
Read moreSteps to open a Bank Account
Steps to open a Bank Account At present Banks have emerged as essential financial institutions. Banks make available a safe environment and help us manage our financial transactions. To gain professional banking service it is compulsory for every individual to open a bank account. Opening a bank account is not […]
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What is Bank
What is 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) and charged to borrowers, respectively. It is […]
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Objectives of Bank
Objectives of Bank Objectives and importance of Bank Bank has various objectives as per other financial organizations. But banking organization view point is exceptional than others. The objectives of bank can be viewed from three different perspectives: 1) Objective from the view point of Bank owners, 2) Objective from the […]
Read moreCustomer service
Customer service Customer service :The interpersonal actions of customer service It is clear that just looking good will not produce the desired level of customer satisfaction. The interpersonal actions in this list mean a great deal in the area of customer relations. They can change customer perceptions and ultimately affect […]
Read moreMT 700 LC Format Specifications
MT 700 LC Format Specifications M 27 Sequence of Total 1/1 M 40A Form of Documentary Credit Field 40A: Form of Documentary Credit This field specifies the type of credit. Codes : One of the following codes must be used IRREVOCABLE The documentary credit is irrevocable. REVOCABLE The documentary credit […]
Read moreAll BD Bank Swift Code
All BD Bank Swift Code A AB Bank Limited Swift Code: ABBLBDDH Website: www.abbank.com.bd Agrani Bank Limited Swift Code: AGBKBDDH Website : www.agranibank.org Al-Arafah Islami Bank Limited Swift Code: ALARBDDH Website : www.al-arafahbank.com B Bangladesh Commerce Bank Limited Swift Code: BCBLBDDH Website : www.bcblbd.com Bangladesh Development […]
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FNB Online Banking
FNB Online Banking FNB Online Banking for Business Have your own FNB branch wherever you have access to the internet and manage your business’s money 24/7. What you can do with Online Banking for Business As a personal banker 1. No subscription fees 2. View your accounts and balances and […]
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