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Tuesday, March 31, 2015

Functions of Central Bank.

 Nazmul     10:34:00 PM     Central Bank, Financial Institutions     5 comments   

The essential function of a central bank is the maintenance of the stability of the monetary standard. Mainly central bank was introduced to establish economic discipline in a county through formatting, directing & maintaining banking systems and financial market. Thus, all the necessary activities to create well disciplined economic environment are performed by the central bank. The functions of central bank are expressed with two ways : A. General functions. B. Special functions.  A. General functions : The...
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Monday, March 30, 2015

Importance / Necessity / Significance / Role of Central Bank.

 Nazmul     11:14:00 PM     Central Bank     10 comments   

One of the objective of central bank is socio-economic development through formatting a balance economic environment. This bank directly helps to the government of a country by issuing note,  formatting and controlling  money market and banking system. The main objective of central bank is to develop the economy through economic discipline establishment in a country. Central Banks have generally played an important role in the establishment and working of development banks. The necessity and role of central bank are given...
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Purpose / Objectives of Central Bank.

 Nazmul     9:00:00 AM     Central Bank     3 comments   

A central bank that gives money related and managing an account administrations to its nation's administration and business keeping money framework, and also actualizing the legislature's financial arrangement and issuing currency. It performs to make financial and monetary approach and to control the money supply and interest rate. The objectives and purposes are given bellows with detail- 1. Directing and conducting  the country's financial policy by impacting cash and credit conditions in the economy in quest for full...
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Features & Characteristics of Central Bank.

 Nazmul     7:13:00 AM     Central Bank     32 comments   

A government established organization in charge of controlling the country's cash supply & credit conditions & supervising the money related framework particularly in business banks & another storehouse organizations. The primary  characteristics of a central  bank are given as underneath - Note Issue:- The fundamental highlight of a central  bank is the issue of money notes in the nation. The Central bank controls the volume of cash in the nation as per prerequisites of business and the overall...
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Definition of Central Bank.

 Nazmul     1:57:00 AM     Central Bank     5 comments   

A central bank that gives money related and managing an account administrations to its nation's administration and business keeping money framework, and also actualizing the legislature's financial arrangement and issuing currency. It performs to make financial and monetary approach and to control the money supply and interest rate. The  various writer's definition of central bank are as follows: "Central bank is a bank which holds the main body of bank reserves and which is the ultimate reservoir of credit". ( C J Woelfel ) "A central...
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Sunday, March 29, 2015

Origin / Background / Evolution of Central Bank.

 Nazmul     9:36:00 AM     Central Bank     8 comments   

Preceding 17 century most cash was product money, normally gold or silver. In any case, certifications to pay were for the most part coursed and recognized as worth no under five hundred years earlier in both Europe and Asia. The Song Organization was the first to issue all around circumnavigating paper coin, while the Yuan Convention was the first to use notes as the extraordinary streaming medium. In 1455, with a final objective to control extension, the succeeding Ming Organization completed the usage of paper money and close a great deal...
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Some Important Ancient Banks In The World.

 Nazmul     8:24:00 AM     Introduction     2 comments   

1. 600 BC - Shansi Bank -  First bank in the world established in China. 2. 1157 AD - Bank of Vance - In Italy - First government bank in the world. 3. 1401 AD - Bank of Barcelona - In Italy - The massive bank established by the government                   entrepreneurship. 4. 1656 AD - Risks Bank of Sweden - In Sweden - First note issuer and chattered bank in the world. 5. 1694 AD - Bank of England - In UK - First Central Bank in the world. 6. 1700 AD - The Hindustan Bank - Calcutta...
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Swift Code of All Banks of Bangladesh (With Website ).

 Nazmul     2:23:00 AM     Financial Institutions     5 comments   

Renowned Banks of Bangladesh (With Website& Swift Code). In the beginning in Bangladesh there were six nationalized commercial banks, 2 state owned banks and three foreign banks. The private banks were evolved in 1980's . Now there are mainly two types of banks in Bangladesh:- 1. Scheduled banks : Scheduled banks are licensed to operate under the Bank Company act, 1991 (Amend up to 2013). Bank NameWebsiteSwift Code AB Bank Limitedhttp://www.abbl.comABBLBDDH Agrani Bank Limitedhttp://www.agranibank.orgAGBKBDDH Al-Arafah Islami...
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Saturday, March 28, 2015

Different Types / Categories of bank.

 Nazmul     10:20:00 AM     Foreign Exchange, Introduction     9 comments   

The navel of banking is different, the needs manifold and methods multiplex. Thus, we need specific kinds of banks to cater to the above mentioned complexities. Deposit receiving institutions take the form of commercial banks, which accept deposits and provides commercial, real estate, and other loans. There are also mutual savings banks, which accept deposits and make mortgage and other types of loans. Another type is credit unions, which are cooperative organizations that issue share certificates and create member (clients) and other...
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Thursday, March 26, 2015

Principles / Ideologies of Modern Bank.

 Nazmul     4:16:00 AM     Introduction     5 comments   

Principle means established & settled indications or rules those are obeyed and followed by all for achieving organizational goals and objectives. So, bank like other organizations or institutions has few principles are given below : 1. Principles of solvency :  Solvency is the ability of an economic unit to pay its debts or liabilities as they become due. A bank is to be financially solvent. Financial solvency of bank is expressed if its own fund (own capital + loaned capital) is high that means minimum 10 millions...
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Monday, March 23, 2015

Objectives/ Functions of bank.

 Nazmul     7:32:00 AM     Introduction     30 comments   

Objectives of bank ************************ Bank is such person, organization or place that concerns to the trade of money & loan. It gains profit by disbursing loan at higher interest rate than the rate of interest given to mass on  their deposit. But profit earning is not its only objective . It  is to gain various objectives out of earning profit. The objectives of modern bank are discussed below with two areas : a) Business objectives. b) Social  objectives. a) Business objectives : ---------------------------- 1....
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Features & Qualities of Bank

 Nazmul     7:31:00 AM     Introduction     4 comments   

Feature or Characteristics of Bank ********************************** Bank is a financial institution & intermediary. It keeps money saved by general peoples as deposit. Keeping a part of deposit to its hand for meeting  the daily necessity of client, it provides and invests the remaining part of that deposits among various types of people as loan. So, its criterion are special than any other business or financial institutions. The features and Characteristics of bank are shown below: 1. Intermediary. 2. Financial...
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      • Functions of Central Bank.
      • Importance / Necessity / Significance / Role of Ce...
      • Purpose / Objectives of Central Bank.
      • Features & Characteristics of Central Bank.
      • Definition of Central Bank.
      • Origin / Background / Evolution of Central Bank.
      • Some Important Ancient Banks In The World.
      • Swift Code of All Banks of Bangladesh (With Websit...
      • Different Types / Categories of bank.
      • Principles / Ideologies of Modern Bank.
      • Objectives/ Functions of bank.
      • Features & Qualities of Bank
      • Role / features / Importance / Contribution of ban...
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