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 […]
Read more
Locker facility and procedures thereof With a view to expanding services to the clients, for safe keeping of jewellery, valuables, documents etc. Lockers may be installed to the Branches: The operation of lockers may be made as per following guidelines: Following size of lockers may be available to the […]
Read more
Banking supervision directives of Israel (A) The Governor of the Bank of Israel, according to his authority under section 28 of the Banking Law (Licensing) 1981, allows banks to allow their customers to perform transactions in their accounts Certain banking through communication banking systems. However retrieval Information provided by customers, […]
Read more
Definition of Retail Investment Definition of Retail Investment: Retail Investment encompasses the range of products and services offered by a bank to individuals to meet individual banking and ancillary needs. In fact Retail Investment in SIBL delivers diversified financial products and services including savings accounts, salary accounts, deposit schemes, as […]
Read more
Shortfall In Documentation And Others Lapses Shortfall In Documentation And Others Lapses. Lapses : Lapses arise out of any kind of irregularities, misstatements, non-compliances of existing policy & procedures of the Bank, law of the land by which the Bank may incur financial losses. Moreover, sometimes non-compliance of existing policies […]
Read more
What is Trade Based Money Laundering? Definition of Money Laundering What is money laundering? “Money laundering is the process by which criminals attempt to hide and disguise the true origin and ownership of the proceeds of their criminal activities, thereby avoiding prosecution, conviction and confiscation of the criminal funds.” UK-Joint […]
Read more
Time And Stress Management Techniques Allah’s swearing by time: Swearing by time in several Qur’anic Ayah is taken as an indication of its significance. For instance: By time. Verily Man is in loss. ( Sura Al-Asr 1-2) By the night, when it covers (the sun and the day). By the […]
Read more
Banking explained-Money and credits The bank is an organization where the people of a country deposit money who have excess amounts of money and to give the loans to the businessmen who need credit. Banking is a process of depositing money and investing in clients in a systematic way. Dr. […]
Read more
Intangible Assets -Meaning-Advantage and Disadvantages What is Intangible Assets: Intangible Assets: In accounting and law, intangible assets are nonphysical assets or things of value, such as trademarks, patent rights, copyrights (known collectively as intellectual property), franchise rights, leasehold interests, and noncompete agreements, as well as unquantifiable assets often referred to […]
Read more
Balance of payments accounting system Definition of Balance of payments accounting system: Each year, countries purchase trillions of dollars goods, services and assets from each other. The balance of payment accounting system is a double-entry bookkeeping system designed to measure and record all economic transactions between residents of one country and […]
Read more
Money Market and Capital Market The money market is the market where short term financial instruments are transacted. The money market is where financial instruments with high liquidity and very short maturities are traded. It is used by participants as a means for borrowing and lending in the short term, […]
Read more
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 […]
Read more
Security features of Taka Security Features Of 1000 Taka Denomination Note Front Side of the Note Back Side of the Note 1. The size of this note is 160×70mm duly signed by the Dr. Atiur Rahman, Governor, Bangladesh Bank. 2. This note is printed on highly durable paper containing synthetic […]
Read more
How to assessing financial needs? This chapter deals with the need to examine one’s business carefully before deciding to apply for short-term credit. It looks at the basic financial structure of an enterprise and provides guidelines on equity and loan capital and their role in financing assets. It explains the notion of working […]
Read more
Security-Concept & Types-Characteristics of good Security One of the most important functions of a bank is to employ its fund by way of Investments/loans and advances to its customers and a bank’s strength depends considerably on the quality of its Investments/loans and advances. Though the banks are now expected to […]
Read more