Top 10 Bank of Pakistan Top 10 Bank of Pakistan Top banks in Pakistan are: National Bank of Pakistan Bank Alfalah Standard Chartered Habib Bank United Bank Limited Meezan Bank Allied Bank Askari Bank MCB Bank Faysal Bank National Bank of Pakistan Established in 1957, the National Bank of Pakistan […]
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Opening Account with National Bank of Pakistan National Bank of Pakistan is a commercial bank established in 1949 with its headquarters in Karachi. The bank serves both commercial and public sector banking to its customers and has a total 1,450 branches as of March 2017. National Bank of Pakistan also […]
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Short note: Foreign exchange related terms Short note: Foreign exchange related terms Quasi Negotiable Instruments are those Instruments that can be transferred by endorsement and delivery but the transferee does not get a better title that of the transferor. Therefore they cannot be classified as negotiable Instruments and hence the Negotiable Instruments act is not applicable to […]
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The Ultimate Guide To The Swap Market Exchange rate instability and the collapse of the Bretton Woods System and particularly the control over the movement of the capital internationally paved the way for the origin of the financial swaps market. Today swaps are at the center of the global financial […]
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How To Use The Interest Rate Swap The basic structure of an interest rate swap consists of the exchange between two counterparties of fixed-rate interest for floating-rate interest in the same currency calculated by reference to a mutually agreed notional principal amount. This principle amount, which would normally equate to […]
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Cash Incentive of Export: Procedure in Bangladesh EXPORT An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. Exports are a crucial component of a country’s economy, as the sale of such goods adds to the […]
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How to approach lenders in Bangladesh You have explored all the means available to you to improve your liquidity (see chapter l, Assessing your financial needs). You believe you now need a short-term credit from a bank or other institution to finance your trading or manufacturing activities. Your next step […]
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Internal Control and Compliance (ICC) Internal Control and Compliance (ICC) 01. Definition: As per Guidelines on Internal Control & Compliance issued by Bangladesh Bank in 2016: Internal control is a process, effected by a bank’s board of directors, management, and other personnel, designed to provide reasonable assurance regarding the achievement […]
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Difference between Current account and Savings account Difference between Current account and Savings account The main sources of funds for banks are deposits from the customers. Banks lend the money accepted from the public to the people who need it by charging interest. Before knowing about the deposit accounts offered […]
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Bank of America internet banking Sign In to Online Banking Give your online ID Give your Password and Sign in and follow the instructions step by step. Popular services 1. Transfer money 2. Schedule an Appointment 3. Bill Pay 4. Order Checks 6. Go paperless 7. Activate a card Send […]
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ABN Amro internet banking How do I download my bank statement from ABN Amro? Ans: Download account statements Log in to Internet Banking. Select the contracting party. Select the account type. Select the account number. Select a period. Click Ok. Open or download the PDF. Question: How do I transfer […]
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CDCS Exam MCQ and Answer CDCS Exam MCQ and Answer Chapter 1:The history and use of documentary credits One of the first forms of letter of credit introduced was known as which one of the following? A. A businessman’s letter of credit B. An exporter’s letter of credit C. A […]
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Banking News Headlines on 26.06.2019 Banking News Headlines at a Glance News Headlines at a Glance একাধিক ব্যাংক একীভূত করার বিষয় ভাবছে কেন্দ্রীয় ব্যাংক ঋণখেলাপিদের ধরেনি কেউ, পুরস্কার দিয়েছে সবাই সাড়ে ৫ হাজার কোটি টাকার ঋণের ফাঁদে নায়ক ফারুক ড. আতিউর রহমান বললেন, বিশ্বাসের ঋণ বন্ধ করতে হবে অর্থনীতিতে বিপদের […]
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Banking News Headlines on 20.06.2019 Banking News Headlines on 20.06.2019 Banking News Headlines at a Glance উচ্চ খেলাপি ঋণ নিয়ে আইএমএফের উদ্বেগ কর ফাঁদে তালিকাভুক্ত ৩০ ব্যাংক আবারও গতি ফিরেছে শেয়ারবাজারে চাকরিতে যোগদানের কয়েক ঘণ্টা আগে জানলেন নিয়োগ স্থগিত চাহিদামতো আমানত পাচ্ছে না ব্যাংক, আগ্রহ সঞ্চয়পত্রে China’s Belt and Road […]
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Letter of Guarantee and Indemnity Bid Bond and Performance Advance Payment Guarantee, Foreign Guarantee etc. Letter of Guarantee and Indemnity Bid Bond Definition: The guarantee has been defined very clearly in various statutes of law in various parts of the world; however, the substance of all these definitions is the […]
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