Banking System & Bank Management
  • Home
  • Agricultural Banking
  • Commercial Banking
  • Glossary
  • Sitemap
  • Contact

Monday, March 23, 2015

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 institutions.
3. Legal entity.
4. Solvency.
5. Receiving deposits.
6. Issuing loan.
7. Safety & security.
8. Keeping secrecy.
9. Servicing.
10. Representation.


At last it is said that, bank is keeping vigorous roles to develop the economy, trade and commerce for obtaining its own radical development as a financial intermediary.



Qualities / Considering factor of efficient judgement of modern or ideal bank are/ Considering factors for opening account.
*********************************************************************************
Bank is a dealer of money and loan. The bank which ensures the best service & best behavior as well as captivates to clients through security and representation is called ideal or modern bank. The qualities of ideal back are given underneath with three categories :

A. Organizational qualities.
B. Business qualities.
C. Other qualities.


A. Organizational qualities :
    -------------------------------
* Origin of bank may be established through company law or state which belongs to permanent existence.
* Location  of bank will be easy, developed, secured and according to clients choosing.
* Experienced.
* Nationality.
* Efficient management.
* Solvency.
* Economy.
* Huge numbers of client.
* Relation with central bank.


B. Business qualities :
    ------------------------
* Good behave.
* Safety.
* Higher standard of services.
* Secrecy.
* Punctuality.
* Application of standard, modern & 
   exclusive technologies.
* Goodwill.
* Liquidity.
* Higher amount of loan &
   investment.
* Lower rate of interest on loan & 
  higher rate of  profit on deposit.
* Advising.
* Representation.
* Engaged in foreign exchange.


C. Other qualities :
   ---------------------
* Existence of foreign branches.
* Assistance to the government. 
* Participation to social 
   development.
* creation of sensibility.
  • Share This:  
  •  Facebook
  •  Twitter
  •  Google+
  •  Stumble
  •  Digg
Email ThisBlogThis!Share to TwitterShare to Facebook
Newer Post Older Post Home

4 comments:

  1. anonymousSeptember 12, 2018 at 11:39 PM

    Excellent post! when I look through this blog, I am exceptionally glad to discover all destinations of satisfaction. Whatever we discover a web of music, diversions and such a wide range of webpage but our custom essay writers always share good info. It's dependably to great and incredible site for excitement. I am certainly looking this site via web-based networking media.

    ReplyDelete
    Replies
      Reply
  2. kgrnauditNovember 13, 2019 at 10:17 PM

    Your good knowledge and kindness in playing with all the pieces were very useful. I don’t know what I would have done if I had not encountered such a step like this.accounting firms in dubai

    ReplyDelete
    Replies
      Reply
  3. kompanyservicesNovember 13, 2019 at 11:08 PM

    I wish to indicate because of you only to bail me out of this specific trouble. As a consequence of checking through the net and meeting systems that were not beneficial, I thought my life was finished.company formation services in dubai

    ReplyDelete
    Replies
      Reply
  4. WlliamsApril 16, 2021 at 10:49 PM


    Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $7,000 USD weekly and how to get back all your lost funds feel free to Email: tdameritrade077@gmail.com

    ReplyDelete
    Replies
      Reply
Add comment
Load more...

Categories

  • Agricultural Bank
  • Financial Institutions
  • Foreign Exchange
  • Commercial Bank
  • Management For Banking
  • Information Technology for Banking
  • Introduction
  • Leading Operation and Risk Management
  • Uses of Banks Fund
  • Central Bank
  • Negotiable Instrument
  • Insurance
  • Bank Account
  • BATCH
  • Core capital
  • Money laundering

Popular Posts

  • Important of micro credit
    Importance of Micro-Credit in Agricultural Lending and Development The farmers in Pakistan have always been in need of micro-credit ...
  • Asset Liability Management
    Definition of ALM (Asset Liability management ) and ALCO (Asset Liability Committee). ALM : Asset Liability Management (ALM) can be defi...
  • Organizational behavior & Its levels, Contingency approach to organizational behavior.
    ** Organizational behavior. The way's investigation individuals communicate inside of gatherings. Regularly this study is connected...
  • Data Center
    Data Center Definition A data center is a computer system's most important and vulnerable component. At its most basic, the data c...
  • Credit Planning and Term Loan.
    Credit Planning and  Term Loan's Substance Credit planning  is to set out procedures for defining and measuring the credit-risk...
  • Money Laundering.
    BACH, Step in Money Laundering, Core Capital/Tier 1 capital, Bond, Call option, A financial intermediary, Investment companies, Stress testi...
  • Cloud Computing highly accepted by world wide banking.
    Cloud computing  Cloud computing is relied upon to be one of the quickest developing advancements in the coming years. Business applicat...
  • When the advertisement is not the only advertisement !
    Advertisement  Experts, through means, for example, regular postal mail, phone, print, radio, TV, and web. A vital piece of marketing, a...
  • Features & Characteristics of Central Bank.
    A government established organization in charge of controlling the country's cash supply & credit conditions & supervising the...
  • Procedures / Steps of Opening Bank Account.
    Bank account Bank account is a agreement between a bank and its customers allowing the customers to use bank services for a fee or an ...

Blog Archive

  • ►  2020 (1)
    • ►  June (1)
  • ►  2018 (3)
    • ►  July (2)
    • ►  February (1)
  • ►  2017 (31)
    • ►  September (1)
    • ►  August (1)
    • ►  July (1)
    • ►  June (1)
    • ►  May (2)
    • ►  March (1)
    • ►  February (5)
    • ►  January (19)
  • ►  2016 (16)
    • ►  December (2)
    • ►  October (3)
    • ►  August (3)
    • ►  July (8)
  • ▼  2015 (65)
    • ►  September (9)
    • ►  August (1)
    • ►  July (1)
    • ►  May (1)
    • ►  April (35)
    • ▼  March (17)
      • 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...
      • Strategics of Bank Marketing
      • Importance/ Necessity/ Role/ Significance of Bank.
      • The meaning & origin of bank
      • Historical Background Of Bank
    • ►  January (1)

BANKTHEORIES.COM

About

  • About
  • To The Disclaimer
  • Privacy policy
Powered by Blogger.

Copyright © Banking System & Bank Management | Powered by Blogger