5 C,s of selecting Good Borrower Selection of Good Investment Client: Investment is a very important function in a commercial bank but the riskiest task. Generally, it is difficult to recover the principal amount with profit from investment client if there is no proper selection & evaluation. If a bank […]
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List of required papers for proposal appraisal Required papers/documents for appraising investments Proposal List of common papers required for appraisal of Investment proposal 1) Application of the client for investment facility 2) Photography of the client i.e. owner/partners/directors duly attested by the Branch incumbent 3) Photocopy of both sides of […]
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Common Irregularities in General Banking Common Irregularities in General Banking department of a Bank Common Irregularities in GB Cash department • Vault Limit exceeded. • Time of movement of cash to and from the vault is not being mentioned /recorded in the vault register. • Entry for inward and outward […]
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Step by step Export Procedure How to Export Steps to Export from Exporter side: 1) To open an account with a Bank. 2) To be collect ERC (Export Registration Certificate) from CCI & E. 3) To collect TIN from Bangladesh Revenue Board. 4) To collect Export L/C / Transferable Export […]
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How to open a Partnership Account? 1. Account opening form of a bank to be filled in and signed by the account holder 2. Introduction by an account holder with signature and account number or any person which is acceptable to the bank 3. Two copies of recent passport size […]
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ISBP-International Standard Banking Practice The ISBP is a checklist of best practices worldwide for checking documents under the UCP, ICC’s universally used rules on letters of credit. Because the UCP rules are general in nature, it was necessary to define in greater detail the term “international standard banking practice”, first […]
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Law of Limitation- Period of Limitation for Suit The law of limitation prescribes the period within which existing rights can be enforced in a court of law. The object of the limitation act is to prescribe the period within which the existing right can be enforced in the court of […]
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Issues and Relevance of Islamic finance in Britain Introduction Philosophical Foundation and Core Concepts Islamic finance is an ethical, indigenous and equitable mode of finance, which derives its principles from the Quran (The revealed book of Muslims) and tradition of the Prophet Muhammad (pbuh). Shariah law (Islamic law), which is […]
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Adequacy of Disclosure in Islamic Financial Institutions By Muhammad Shabbir, Bank Analyst, Capital Intelligence, Cyprus Introduction: Public disclosure through the publication of financial statements has long been the source of information on the business performance of financial institutions. In recent years, however, financial institutions, under pressure from market forces, have […]
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Islamic Banking: True Modes of Financing By Dr. Shahid Hasan Siddiqui, Eminent Pakistani Banker & Economist. Introduction Prohibition of interest is ordained in Islam in all forms and intent. This Prohibition is strict, absolute and unambiguous. The Holy Qur’an in verse 278 of Surah Al-Baqarah states: “O ye who believe! […]
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How to get Bank Jobs in USA? While a job in banking is widely considered to be a high-paying career, it’s a lot more than just money. Although it’s true that you’ll be reasonably compensated for the stress involved, banking roles can be pretty exciting and present incredible learning prospects […]
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International Islamic Financial Market(IIFM) International Islamic Financial Market (IIFM): Established in 2001 in Manama, Bahrain to develop and regulate an International Financial market bašed on Shari’ah Rules and Principles. IIFM which is based in Manama and hosted by the Central Bank of Bahrain (CBB), was established in 2002 under the […]
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The assessment methodology of CDCS Examination 2022 The CDCS is assessed in a single examination lasting three (03) hours. The examination paper is split into two sections. The assessment methodology of CDCS Examination Section A: Section A is assessed by 60 multiple-choice questions, with one mark available for each correct […]
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The World Bank The World Bank was set up in 1944 with a agreement to create post-World War II reconstruction. The World Banks headquarter is in Washington, D.C. It has more than 9,000 employees in more than 100 offices worldwide. The World Bank is a vital source of financial and […]
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Who is a notify Party of Bill of Lading? Notify is the name and address details of the person who should be notified of the arrival of the cargo… Depending on the bill of lading that is issued this could be the actual buyer or receiver of the goods, clearing […]
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