...CAN E-BANKING SERVICES BE PROFITABLE? Olga Luštšik[1] Abstract For the last few years European banks have spent billions of euros into new electronic channels. But after some years of excitement banks long-waited sky-rocketing profits from this area didn’t occur. Estonian banks have also invested in expanding and improving the IT systems and a number of new e-banking services have been developed. Until recent time, most of the pricing decisions for e-bank services were made based on a gut feeling as current financial management information systems didn’t support such analysis. In the article author explores the implementation techniques of Activity Based Costing (ABC) in banking sector on example of an Estonian bank in order to analyze the cost structure for traditional and electronic channel transactions. The article shows how it is possible to implement ABC in banking sector and proofs empirically that electronic channels provide cost saving for banks and for bank clients. JEL classification numbers: G21, L11, L86, M40, O31 Keywords: e-banking, profitability, activity based costing 1. INTRODUCTION A few years ago no self-respecting financial consultant would travel without it: the bar chart showing that the marginal cost of Internet banking transactions was a tiny fraction of the cost of branch banking. It was the chart that launched dozens of stand-alone Internet banks. As a result, European banks have poured billions of euros into building...
Words: 7435 - Pages: 30
...BANGLADESH ASSIGNMENT ON Information Technology Risk In The Banking Sector IN Bangladesh Course Title: Working Capital Management Course Code: BBA-4122 Submitted To: Md. Munsur Ahamed Lecturer, Department of Finance,AUB Submitted By Group-E Name | ID NO: | BATCH | SECTION | Nargis Akter | 200820324 | 33rd | Finance(A) | Shamima Ferdaus | 200820558 | 33rd | “ | Syeada Kohenur Begum | 200820786 | 33rd | “ | Umma kulsum | 200820367 | 33rd | “ | Umme kulsum Binte Nazrul | 200820554 | 33rd | “ | Submission Date: 25-March-2012 DEDICATION PAGE I want to dedicate this Assignment to my honorable teacher Munsur Ahamed (Lecturer , Department of Finance, AUB ), who encourage and help me utmost to complete such a typical assignment. ACKONOLEDGEMENT PAGE I attempt to make a typical assignment, to complete these assignment many person help me. Thanks my honorable teacher Munsur Ahamed ( lecturer , Department Finance AUB. ) To collect some information I got help from many books and Internet so thanks Asian University Library and computer lab thanks my all friends who help me to complete a good assignment. At last thanks to Almighty Allah. Information Technology Risk In The Banking Sector In Bangladesh Abstract Continuous technological development, particularly, information technology revolution of the last two decades of the 20th century has forced the banks to introduce the e-banking operation for their sustainable growth...
Words: 5900 - Pages: 24
...LEG 210 WK 4 ASSIGNMENT 1 BUSINESS E COMMERCE To purchase this visit here: http://www.activitymode.com/product/leg-210-wk-4-assignment-1-business-e-commerce/ Contact us at: SUPPORT@ACTIVITYMODE.COM LEG 210 WK 4 ASSIGNMENT 1 BUSINESS E COMMERCE LEG 210 WK 4 Assignment 1 - Business-Business e-Commerce The Internet is a virtual shopping mall that allows the consumer to transact business including banking, shopping, and a host of day-to-day chores. As much as the consumer has come to rely on this new forum of exchange, it is also an instrument of many civil wrongs (cybertorts). This harm includes financial injuries, reputational damage, theft of trade secrets, and invasions of privacy. Identify and provide the particulars (e.g., company name, parties to the action, etc.) of a company that has been involved in a cybertort action. Write a five to six (5-6) page paper in which you: 1. Determine whether you would advocate for corporate social responsibility to be as stringently enforced against this corporation when it transacts a significant portion of its business via the Internet. 2. Analyze the impact of the Commerce Clause, Article 1, Section 8, Clause 3, of the U.S. Constitution against your chosen company and discuss whether the government can legally enforce regulations that would prevent your chosen company from engaging in cybertorts. 3. Compare and contrast torts vs. cybertorts. More Details hidden... Activity mode aims to provide quality study...
Words: 533 - Pages: 3
...Acknowledgment This assignment based on “General Banking Practices- A Case Study Of Dutch-Bangla Bank Limited” has been prepared for the requirement of the Bachelor of Business Administration, under the supervision and coordination of Mr. Mohammed Abu Rayhan, Department of Finance, Faculty of Business, ASA University Bangladesh. I would like to start my acknowledgment by thanking Mr. Mohammed Abu Rayhan for assigning me the topic and for his cooperation and guidance to conduct this case study. Special recognition goes to “ASA University Bangladesh” for allowing me to conduct this study and accomplish this assignment. Finally, I would like to give thanks to the Almighty Allah. Table of Contents An Introduction to Bank Dutch-Bangla Bank Limited (DBBL) started their journey by M Sahabuddin Ahmed (Founder & chairman) and the Dutch company FMO in 1995. It is the largest bank in Bangladesh by under the Bank Companies Act 1991 and incorporated as a public limited company under the Companies Act 1994 in Bangladesh with the primary objective to carry on all kinds of banking business in Bangladesh. Dutch Bangla Bank is noted to be the first and only local bank in Bangladesh to have an automated banking system. The bank has spent over Tk. 1 Billion in automation upgrades (first bank in Bangladesh to do so). This automation took place in 2003 whereby services of the bank were available uniformly though any branch, ATM and internet. Banking was a paper based until...
Words: 1648 - Pages: 7
...E-Commerce Assignment #1 Ecommerce Assignment # 1 Part A Short Answer Questions 1) Pure Play e-commerce is when all the product/service sold, the process of obtaining product/service, and the delivery method of obtaining product or service is all digital. An example of pure play e-commerce is when purchasing an e-book online through Amazon, the product, payment and delivery are all obtained through digital. Whereas “bricks and clicks” companies, do some of their business activity online, but not all. An example of this is ordering a computer online, from Dell, the order and payment is completed online, but the complete business transaction is not complete until the computer has been shipped to the consumer’s homes. The benefits of pure play e-commerce, is the fact that the consumer can instantly own the product or service, there is not wait period. The limitations to pure play is that not all products and services can be accessed through digital ways, the internet has restrictions, for example online shopping for shoes can only be done so much though the internet, the physical product still has to be sent through the mail. Another restriction is the consumer sometimes will want to see the physical product or service before purchasing, and pure play cannot accommodate this need. Bricks and clicks method allows the consumer the power of purchasing the product from the convenience of their homes, while having the product shipped to their household. The problem with...
Words: 1871 - Pages: 8
...Title: E-Commerce Course Code: 435 An assignment prepared as a part of BBA program by the students of 4th year 2nd Semester, under direct supervision of Mohammad Mizenur Rahman, Assistant Professor, Department of Business Administration, Shahjalal University of Science and Technology, Sylhet-3114. Assignment on: A Comparative Study on E-banking: A Study on Web information of Agrani Bank Ltd. & Mercantile Bank Ltd. Submitted to: Mohammad Mizenur Rahman Assistant Professor Department of Business Administration Shahjalal University of Science and Technology Sylhet-3114 Submitted By: Name Registration No. Subrata Ray 2007731005 Shams Md. Safwan Radi 2007731041 4th year 2nd Semester Department of Business Administration Shahjalal University of Science and Technology, Sylhet. Date of Submission: 1st January, 2012. A Comparative Study on E-banking: A Study on Web information of Agrani Bank Ltd. & Mercantile Bank Ltd. Electronic banking is an umbrella term for the process by which a customer may perform banking transactions electronically without visiting a brick-and-mortar institution. In other words electronic banking does not mean only 24-hours access to cash through an Automated Teller Machine (ATM) or through internet or Direct Deposit of pay checks into checking or savings accounts as many consumers may think. Electronic banking (e-banking) involves many different types of transactions; it is a form of banking where...
Words: 3884 - Pages: 16
...forms of employee involvement. Module Content: • History of the HR function, theories and models of HRM; • The roles and responsibilities of stakeholders in HRM; • The changing nature of work, managing diversity, technology and flexibility; • Human resourcing: recruitment and selection, human resource planning; • Reward and performance management; • Employee relations, employment legislation, the legal framework for unionism; • Human resource development; managing learning, knowledge and change; • The integration of HR and corporate strategy. Teaching Format: One 2-hour lecture per week; Three 1-hour tutorials. Assessment: • Group coursework assignment (40%); • Individual written coursework assignment (60%). Text(s): Beardwell, J. and...
Words: 9120 - Pages: 37
...Nirmal Kaur E-Mail: nimmi.kaur86@gmail.com Contact: 0415081804 Seeking challenging assignments in Business Process Analysis & Consulting / Process Transitions with a growth oriented organization in Finance EXECUTIVE SYNOPSIS A dynamic professional with 4.5 years of rich experience in multiple project operations for providing innovative and business effective solutions services while ensuring optimal utilization of resources optimum use of qualitative and quantitative analysis frameworks and tools. Comprehensive experience at managing clients & delivering knowledge solutions for client’s business problems processes. Expertise in mapping requirements of multiple clients as well as the different business partners; developing, implementing and transitioning, customizing processes in line with the guidelines specified by the clients. Insightful knowledge of business process analysis, application based process reengineering, process optimization, and cost control and revenue maximization from various business solutions. Developed competency in establishing performance-driven culture that ensures accountability and personal ownership, lead, train and motivated teams, to achieve goals profitably. PROFICIENCY FORTE Transition of processes Service Delivery Management Knowledge Management Business Continuity planning Training Expertise. Active Operations Management ORGANIZATIONAL PURVIEW Since Sep’09 to Feb'14 ANZ Bank, Bangalore Growth Path Senior...
Words: 676 - Pages: 3
...(DPRP) requirements, you have certain obligations that you must satisfy so that we may provide coverage for medically necessary treatment, diagnostic testing and use of durable medical equipment arising from an automobile accident in which you are injured. See EXHIBIT I for a copy of the DPRP section of your PIP coverage provisions. Failure to comply with the policy requirements as summarized below may affect the reimbursement for medical treatment, diagnostic tests and durable medical equipment. No decision point requirements shall apply within 10 days of the insured event or to treatment administered in emergency care. YOUR OBLIGATIONS 1. Treatment of "Identified Injuries” 'Pursuant to N.J.A.C. 11:3-4, the New Jersey Department of Banking and Insurance has published standard courses of treatment, called care paths, for injuries of the neck and back, collectively referred to as the identified injuries. A more specific list of identified injuries is provided in EXHIBIT II attached. The care paths provide that treatment of identified injuries must be evaluated at certain intervals called decision points. At decision points, you or your medical provider must provide...
Words: 4336 - Pages: 18
...Finance and Actuarial Studies Faculty of Business and Economics Unit Guide D2 Day; Offered in Session 2, North Ryde 2012 Table of Content Table of Content General Information Convenor and teaching staff Credit Points Prerequisites Corequisites Co-badged status Unit Description 2 3 3 3 3 3 3 3 Learning Outcomes Graduate Capabilities Problem Solving and Research Capability Creative and Innovative Effective Communication Commitment to Continuous Learning Discipline Specific Knowledge and Skills Critical, Analytical and Integrative Thinking Engaged and Ethical Local and Global citizens Capable of Professional and Personal Judgement and Initiative 4 5 5 5 6 6 7 7 8 8 Assessment Tasks Class Test 1 Class Test 2 Group assignment Final Examination 10 10 10 10 11 Unit Schedule Delivery and Resources Policies and Procedures Academic Honesty Grades Grading Appeals and Final Examination Script Viewing Special Consideration Policy Student Support Student Enquiry Service Equity Support IT Help 12 13 14 14 14 14 14 15 15 15 15 Research and Practice 16 Page 2 of 16 General Information Convenor and teaching staff Unit Convenor: Alan Rai Email: alan.rai@mq.edu.au Phone: 9850 1169 Office: E4A 228 Consultation Hours: 1-3pm Monday Lecturer: James McCulloch Email: james.mcculloch@mq.edu.au Consultation Hours: Consultation during tutorials or via email Credit Points 3 Prerequisites ACCG252 or AFIN252 Corequisites N/A Co-badged status ...
Words: 3151 - Pages: 13
...short of becoming a compulsion. Businesses and institutions are growing in complexity and size. They are cutting across space and time by embracing technology, globalization and information. Mere operational efficiency is no more sufficient. Managerial capabilities have become necessary for firms to act on a global platform. Although there are a large number of institutions offering MBA programs, many of them just churn out non employable MBAs. A good institute must incorporate what the industry requires with changing times. The SMU way to Management degree or diploma is to mould the learning towards this objective. With this perspective it has introduced several programs which are geared to meet the industry requirement. These areas are Banking, Information System, Retail Operations and Healthcare. It is planning to offer more programs in the field of environment, disaster management, and media. The master of business administration (MBA) is an integrated program designed to provide an advanced program in management for those seeking managerial positions in industry, commerce and services. The core subjects are aimed at developing knowledge and skills in fundamental management disciplines. The program also involves participation in group work with students from diverse backgrounds and is aimed at improving the decision making abilities of the participants in management related areas. 2. Objectives of the Program The program aims at realizing the following objectives: To provide...
Words: 7200 - Pages: 29
...Final report on EC A Report On “Status of e-Marketing in Bangladesh” Course Name: E-commerce Course code: 425 Submitted To: Md. Moktar Ali Associate Professor Department of Marketing University of Dhaka Submitted By: Shaikh Md. Rasel Roll-82, 16th Batch, Sec-B Department of Marketing University of Dhaka Date of Submission: November --, 2013. Letter of Transmission Md. Moktar Ali Associate Professor Department of Marketing University of Dhaka Subject: Submission of a report. Dear Sir, With due respect, I beg to state that I am very thankful to you as you have assigned me the report on “Status of e-Marketing in Bangladesh”. It is a great opportunity for me to acquire theoretical and practical knowledge about E-marketing, E-commerce and different terms of E-business. I have tried our best to gather what I believe to be the most complete information available. Your kind acceptance and any type of appreciation would surely inspire me. I would always be available and ready to explain further any of the contexts whenever asked. Sincerely yours, Shaikh Md. Rasel Roll-82, Sec-B, Batch-16th Acknowledgements Comprehensive works like report making or assignment preparation owe credit to multitude of people. Certainly, I should acknowledge the contributions of the pioneers in the field of E-commerce and E-marketing itself, especially those whose teachings have become a part of our thinking and become...
Words: 3003 - Pages: 13
...E-Business Assignment # 2 Project 4-1 Find the URL for your bank in your community and visit the site. Why do you think the bank has an Internet presence? Does it offer online services? Make a list of them. How does a current customer access these services? If the bank doesn’t offer online services, why do you suppose it has a web site? The community bank I used was Suntrust. The bank has a internet presence to provide information on all its several banking options. Many questions that could be asked and answered at a banking center could be answered online. The bank internet presence is used a marketing tool to entice and enhance customers. Banks have to compete for business so Suntrust website meets its competitors. The website provides customers to do the majority of there banking from the comforts of there home. Online service is offered at Suntrust web site with many options to choose. • Online Banking • Apply for Bank Credit Card • Transfer Funds • Open a bank account without going into the banking center • Apply for business, personal, mortgage, education and car loans • Chat live with a real time banking consultant to know your options and eligibility • Pay bills online via online bill pay • Mangage overdraft protection • Print monthly bank statements Current customers access these banking options by loging into a secure web web link. The log –in is a personalize and unique user name and password created...
Words: 382 - Pages: 2
...Sultana |B-101875 | |Rabeya Bashry |B-101876 | Batch : 30th Semester : 8 Course Teacher : Md. Ataur Rahman Course Teacher Course Code : 4804 Course Title : Strategic Human Resource Management [pic] DBA, IIUC, DC Date of Submission: 5th January, 2014. LETTER OF TRANSMITTAL January 05, 2014 To Ataur Rahman Course Teacher Department of Business Administration International Islamic University Chittagong Dhaka Campus. Subject: Submission of Assignment. Dear Sir, This is a great pleasure to submit the assignment on Islami Bank Bangladesh Ltd. as the...
Words: 8427 - Pages: 34
...inputs are designed to accomplish the following objectives. * To help students to understand the role and functions of Commercial Banks, main strategic issues in retail and corporate banking and the risks faced by the Banking Industry in India. * To familiarise the students with the new Banking Practices and Processes including new banking technologies. * To familiarise the students with the legal and regulatory framework for banks in India. * To equip the students with the tools and techniques used in interpreting and evaluating the performance, profitability, productivity, and efficiency of the Commercial Banks. * To equip the students with the in-depth knowledge of Bank Financial Management Process including Treasury, Investment, Asset Liability Management & Risk Management. * To equip the students with the in-depth knowledge and skills in Credit Analysis & Appraisal Processes relating to the banks’ lending decisions like Working Capital Financing, Term Loan & Project Financing, Domestic & International Trade Finance including Export-Import Finance, BG (LG) & LC, Retail Asset Financing like Home Loans, Car Loans, Educational Loans, Gold Loans, Loans ag. Securities, Personal and Credit Card Loans. * To understand and appreciate customer-focused banking, integrated risk management like interest-rate risk, liquidity risk, market risk,...
Words: 2603 - Pages: 11
