The chairman of Bangladesh’s second generation (1992-1996) private banks The current chairman of Bangladeshi banks 1. Khairul Alam Choudhury-Chairman of AB Bank Limited Mr. Khairul Alam Choudhury, Barrister-at-Law is the Chairman of AB Bank Limited. He graduated from University of Wolver Hampton, UK in 2001. Thereafter, Mr. Choudhury obtained his […]
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Nikash-BEFTN software in Bangladesh
Nikash-BEFTN software in Bangladesh Commercial banks will be able to conduct instant money transactions under their own management. Therefore, on Sunday (November 12), Bangladesh Bank has officially started the electronic fund transfer program through Nikash-BEFTN, which was developed in its own capacity. In this regard, Bangladesh Bank Executive Director and […]
Read moreUnveiling the Power of Bancassurance Services in Bangladesh
Unveiling the Power of Bancassurance Services in Bangladesh Introduction: Understanding Bancassurance In recent years, Bancassurance has emerged as a game-changer in the financial services sector, seamlessly integrating banking and insurance services under one roof. This innovative approach offers unparalleled convenience to customers by providing a wide array of financial products […]
Read moreBanking system in Japan
Banking system in Japan Japan’s banking system is characterized by a mix of traditional and modern financial institutions, reflecting the country’s unique economic landscape. Here are some key features: Banking system in Japan Commercial Banks: Commercial banks play a central role in Japan’s banking sector. These include both major national […]
Read moreBanking system in United State (USA)
Banking system in United State (USA) Outline: Heading Subheading Introduction – Definition of the banking system in the USA – Importance of the banking system in the economy History of Banking in the USA – Establishment of the first bank – Evolution of banking regulations Types of Banks in the […]
Read moreReview of Blockchain in the Banking Sector
Review of Blockchain in the Banking Sector I. Introduction When interest in blockchain began to accelerate a few years ago, the expectations surrounding its uses were lofty. Blockchain was touted as technology that could fix our supply chains, our healthcare system and even our democracy. Yet, when the experiments conducted […]
Read moreEssential Qualities of a Successful Banker
Essential Qualities of a Successful Banker 1. A Banker includes a person or corporation or company acting as a Banker.” – Negotiable Instrument Act, 1881 2. Banker includes a body of persons where incorporate or not who carry on the business of Banking. – Bill of Exchange Act, 1882 3. […]
Read moreURR 725
URR 725 URR 725 is the acronym of Uniform Rules for Bank-to-Bank Reimbursements. UNIFORM RULES FOR BANK-TO-BANK REIMBURSEMENTS APPROVED ON 15-16.04.2008. IN FORCE SINCE 01/10/2008 Table of Contents of URR 725 URR 725 – Article 1 Application of URR URR 725 – Article 2 Definitions URR 725 – Article 3 […]
Read moreMacquarie Bank: Your Gateway to Financial Prosperity
Macquarie Bank: Your Gateway to Financial Prosperity Welcome to the financial realm where innovation, commitment, and prosperity converge – welcome to Macquarie Bank. In this article, we’ll delve into the history, services, and unique features that make Macquarie Bank your ultimate gateway to financial prosperity. 1. Introduction Macquarie Bank, established […]
Read moreBendigo Bank: A Trusted Name in Australian Banking
Bendigo Bank: A Trusted Name in Australian Banking Bendigo Bank is an Australian financial institution that operates as a retail bank. Here are some key points about Bendigo Bank: History: Bendigo Bank has a history dating back to 1858 when it was established as a building society. Over the years, […]
Read moreSCB Online Banking in Bangladesh: Revolutionizing Your Financial Experience
SCB Online Banking in Bangladesh: Revolutionizing Your Financial Experience I. Introduction In the ever-evolving landscape of digital finance, Standard Chartered Bank (SCB) has emerged as a pioneer, particularly with its online banking services in Bangladesh. Let’s delve into the dynamic world of SCB Online Banking, exploring its benefits, registration process, […]
Read moreBank of Melbourne: A Trusted Name in Banking Excellence
Bank of Melbourne: A Trusted Name in Banking Excellence The Bank of Melbourne is a financial institution operating in Victoria, Australia. A subsidiary of Westpac, it commenced operations on 25 July 2011. The Bank of Melbourne initially rebadged the Victorian business of St George Bank, another wholly owned subsidiary of […]
Read moreBank Australia in Victoria
Bank Australia in Victoria Bank Australia, headquartered in Kew, Victoria, stands as a shining example of ethical banking and community-driven financial services. Established in 1957 as the CSIRO Co-operative Credit Society Limited, the bank has undergone various transformations to become the institution it is today. With a commitment to sustainability, […]
Read morePolice Bank in Australia
Police Bank in Australia Police Bank in Australia is a financial institution that specifically caters to the financial needs of police officers and their families. It operates as a mutual bank, meaning it is owned by its members rather than by external shareholders. Police Bank provides a range of banking […]
Read moreHow many Parties are involved in Letter of Credit (LC)
How many Parties are involved in Letter of Credit (LC) There are mainly 6(six) parties involved in a letter of credit which may be summed up as under: a) Opener: The applicant of L/C or the Importer / Buyer / L/C applicant. b) Opening Bank: The Bank opening the L/C […]
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