Last one hour- global Banking news Last one hour- global Banking news 11.45 PM Margin compression is coming for Indian banks’ books, but not yet https://www.livemint.com/market/mark-to-market/margin-compression-is-coming-for-india-s-banks-but-not-yet-11614680879155.html Assessing goodwill impairment amid COVID-19 https://www.journalofaccountancy.com/news/2021/mar/assessing-goodwill-impairment-amid-coronavirus-pandemic.html Cevian calls on boards to end ‘ESG box checking’ and set pay targets European activist investor’s warning comes […]
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International Trade & Foreign Exchange-Banking Diploma Question THE INSTITUTE OF BANKERS, BANGLADESH (IBB) Banking Diploma Examination, July, 2019 DAIBB International Trade & Foreign Exchange (F E) Time—3 hours Full marks—100 Pass marks—5O [The figures in the right margin indicate full marks. Answer any four questions from group A and one […]
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History and development of banking History and development of banking Banking has come into existence to cater for the economic needs of society and is, therefore, an offshoot of civilization. Surely, there would be know need of a bank for a savage who live on wild roots and fruits. It […]
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Ask Me Anything: About Origin And Nature Of Banking The word “Bank” is said to have been derived from the Italian word ‘banco’, the original meaning of which is ‘shelf’, ‘bench’. It was extended to that of ‘counter’, money-lenders and money changers used to display their coins, whence ‘bank’. […]
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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, […]
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Banking Diploma-JAIBB-DAIBB Syllabus SYLLABUS of JAIBB PAPER 1 : PRINCIPLES OF ECONOMICS AND BANGLADESH ECONOMY Full Marks : 100 Module A: Concepts of Economics and Demand Supply Analysis Economics, Scarcity, Opportunity Cost, Micro and Macro Economics Law of Demand and Supply, Changes in Demand and Supply Demand Supply Interaction, Market Equilibrium, […]
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Social Islami Bank Agent Banking BACKGROUND: Agent Banking provides banking and financial services to the underserved population through engaged agents under a valid agency agreement, rather than a teller/ cashier. Agent banking is a new concept in Banking Industry of Bangladesh though Agent banking is very popular in many countries (viz. Mexico, […]
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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 […]
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Zakat- meaning, principles,basis, categories,inflation,advantages and influence (a) Its Meaning for Modern Man The word “Zakät” means “that which purifies” and “that which fosters”. All original sources of wealth—the sun, the moon, the stars, the earth, the clouds that bring rain, the winds that drive the clouds and carry the pollen, […]
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Types of Banks in India-Indian banking system Types of Banks in India: Banking is defined as the acceptable purpose of lending or deposit investment, money acceptable from the public, payable on demand or otherwise and withdrawn by cheque, draft, order, or any other means – this definition is given in […]
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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 […]
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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 […]
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Bank’s lending criteria for short term credit Bank’s lending criteria for short term credit: There are no standard criteria for short-term credit. Banks and other lenders tend to set their own internal rules. Nevertheless, all financial institutions are bound by general regulations and guidelines established by the central bank. There […]
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Top 10 Banks in Singapore List of the top 10 banks in Singapore. Developmental Bank of Singapore: The Development Bank of Singapore (DBS) was set up in 1968 by the government of Singapore. DBS currently operates over 100 branches across the country. DBS is the largest bank in Southeast Asia, […]
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Basel II background and Risks relate to Banking Activities Basel –II & its background: Basel II background and Risks relate to Banking Activities Basel –II framework was finalized in 2004 & it states that bank should maintain capital not only covering Credit Risk but also covering Market Risk & Operational […]
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