INTRODUCTION: Financial institution that specializes in services such as acceptance of bills of exchange, hire purchase or installment buying, international trade financing, long-term loans, and management of INVESTMENT portfolios. Merchant banks also advise on (and INVEST own funds in) acquisitions, mergers, and takeovers. In the US, a merchant account provider is sometimes called a merchant bank. The Notification of the Ministry of Finance defines merchant banker as ³Any person who is engaged
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Banking Industry in Bangladesh: Bangladesh is a third world country with an under developed banking system, particularly in terms of the services and customer care provided by the government run banks. Recently the private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or politically motivated government policies executed by the central bank of Bangladesh, Bangladesh Bank. The outcome is a banking system fostering corruption
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government investment expenditures such as infrastructure investment or research expenditure; and transfer payments like unemployment or retire Highlights of present budget 2012-13(summary): Analysis of Budget 2012-13: The present Budget of Bangladesh for the year FY2012-13 has been presented at a time when the Bangladeshi economy is heading towards a high growth trajectory, albeit certain challenges such as elevated inflation, high Current Account Deficit (CAD), and moderating growth of industrial
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------------------------------------------------- Report On Business Strategy Of Shinepukur Ceramics Limited Introduction This Report has been prepared as a requirement for the completion of the BBA program of the Premier University Bangladesh. The primary goal of report is to provide an on the job exposure to the student and an opportunity for translation of theoretical conceptions in real life situation. Students are placed in enterprises, organizations, financial institutions, research institutions
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For my internship, I was sent to the Investment Corporation of Bangladesh(ICB) under the supervision of Sohel Rana, Assistant professor, Department of Accounting & Information System, Jagannath University. My topic was “An Analytical Report on Overall Activities of ICB – A Case Study of Rajshahi Branch" I have done a forty working days Internship Program from May 30, 2006 to June 19, 2006 in the Investment Corporation of Bangladesh (ICB), Rajshahi Branch. 1.2 Objectives of Internship The
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strategies in Bangladesh for attaining better economic performance and realizing the objectives of the Millennium Development Goals. The specific objectives are to: i. Review the source of finance of public expenditure and private sector investment. ii. Analyze government expenditure and private investment at sectoral level. iii. Review the fiscal and monetary policy in quest of developing a conducive framework for financing economic growth and poverty reduction. iv. Review the financing policies of
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effective management of credit risk is a critical component of a comprehensive approach to risk management and essential to the long-term success of any banking organization. Prime Bank primarily lends for trade finance although some amount of project financing is also undertaken. The bank has generally maintained a conservative approach towards lending and management claims that their credit appraisal process is more stringent than that of its local peers. The Prime bank follows a two-tier credit screening
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lan Empowering Bangladesh Summit’s Commitment Annual Report 2010 para Power Pla Ulla nt, Maon aP ow er ur azip t, G an Pl Sir aj nj go vision To provide quality & uninterrupted electricity to the vast majority of rural Bangladesh for their personal, social & economic development. “Empowering Bangladesh” mission To expand the company into a power generation capacity to the tune of 1000 MW which is 20% of the electricity requirement of Bangladesh and maintain that
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Many of these early capitalist concepts were adopted and further advanced in medieval Europe from the 13th century onwards. Bangladesh is one of the largest Muslim countries in the world. The people of the Muslim community wishes to design their economic activities in accordance with the percepts of Islam so the establishment of some numbers of Islami Bank in Bangladesh is the true reflection of long day’s deep cry in their heart. The Objective of Social Islami Banking is not only to earn profit
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Part: FOUR Credit Management of The premier bank ltd. Part: Four Credit Management Credit Management: Credit management is a term used to identify accounting functions usually conducted under the umbrella of Accounts Receivables. Essentially, this collection of processes involves qualifying the extension of credit to a customer, monitors the reception and logging of payments on outstanding invoices, the initiation of collection procedures, and the resolution of disputes or queries regarding
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