Essays On Banking

Company Background History of Maybank Maybank have first established its business incorporation at 1960 and after 52 years of operations it is undoubtly that the group has proven its commitment to excellence and innovation to becoming Malaysia’s regional finance leader. It first incorporates on May 31 1960 at Mayson House and are the first that […]

Introduction The aim of this internship report is to connect practical knowledge with theoretical knowledge since everyone must be expert in both theoretical and practical knowledge for the competitive world. The report will mainly focus on how National Bank Limited is providing satisfaction to target customers and how its services are making transaction methods more […]

The banking sector in India has experienced rapid growth due to the country’s fast-growing economy, which boasts an annual GDP growth rate of over 8%. With globalization leading to heightened competition among banks, Indian banks have been presented with ample opportunities to expand their market share. This expansion has been especially advantageous for them as […]

Amazon.com, headquartered in Seattle, Washington, is a Fortune 500 company. Established by Jeff Bezos in 1995, it has experienced remarkable growth and now dominates the e-commerce sector. It caters to customers across the globe via its international websites and an extensive network of fulfillment and customer service centers.

International financial institutions (IFIs) are financial institutions that have been established (or chartered) by more than one country, and hence are subjects of international law. Their owners or shareholders are generally national governments, although other international institutions and other organisations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some […]

Islamic finance and banking systems are based on the concepts, ideology and principles of Islamic code of law which is referred to as Shari’ah. Islamic economics is an autonomous and complete system of economics which relies on Shari’ah and disregards the use of interest in financial transactions. Interest is referred to as Riba in Islamic […]

1. Islamic Banking & Finance 1.1 Introduction to Islamic Banking Islam is not just a great monotheistic religion that signifies submission to Allah’s (God’s) will, it also is a system that affects all aspects life. Islamic teachings prescribe a code of conduct that governs the every day life of human beings in all its manifestations […]

“Green Banking”, an effort by the banks to make the industries grow green and in the process restores the natural environment. This concept of “Green Banking” will be mutually beneficial to the banks, industries and the economy by enhancing financial inclusion in the country so that more people can be included in the middle income […]

The case discuses about the evaluation of performance of James McGaran, Branch Manager of Citibank in Los Angeles by his Area Manager, Lisa Johnson, and the discrepancies that crept in during the evaluation process. In the case, it can be seen how Lisa Johnson had failed to reflect some of the performances properly leading to […]

State bank of India is one of the leading public sector banks in India. My first savings bank account was in SBI and I can say by experience that it offers best services among the public sector banks I had visited so far. If you are looking for getting a savings account opened in State […]

Inflation confers no benefit on society, but it imposes several real costs. Economists have identified six costs of inflation: •Shoe leather costs associated with reduced money holdings. •Menu costs associated with more frequent adjustment of prices. •Increased variability of relative prices. •Unintended changes in tax liabilities due to non-indexation of the tax code Confusion and […]

Mobile banking apps have changed the way society banks these days. The days of having to go to the bank to make a withdrawal or deposit are long gone. With features of being able to check your balance, deposit a check, transfer funds, and even pay bills, mobile banking has become increasing popular over the […]

Singapore is a small country in South East Asia with no natural resources and limited population. However, the banking industry of Singapore is one of the leading players globally. This report aims to find out what are the factors that can make the banking industry thrive. A PESTLE analysis would be provided from the viewpoint […]

The rise in high net worth individuals globally has made HNI banking essential for financial institutions. It is important for professionals in this field to stay informed about the latest knowledge and relevant information. Typically, organizations have a group of vital customers and visitors who greatly contribute to the company’s growth through their business contributions […]

Maybank management had improved a lot since after the introduction of online banking. This online web portal banking systems allow consumer to access their account anytime for any transaction purpose. Maybank also provide more online services via the Maybank2u portal services such as transfer between accounts, transfer to third party account, payee to selected payee […]

Organizational Structure is the formal arrangement of jobs within an organization. To develop an organization structure, managers go through a process called organizational design that involves decisions on about six key elements i. e. work specialization, departmentalization, and formalization etc. I’ve analyzed Citibank’s organizational structure according to these factors. Work Specialization is used to describe […]

Problems: Macro: Lack of loyalty to the bank could affect the effectiveness of the bank. The processes for setting pay rates are poor and needs to be reviewed. Micro: The computer services department, although all employees work well together and have a strong team, are not loyal to the bank. The computer services department feels […]

The following text provides an introduction. This paper argues for the use of online banking as a safe alternative to physically going to a branch. It explores the history of online banking and the challenges associated with it. This examination of online banking considers the pros and cons, specifically focusing on two companies’ experiences. The […]

At a meeting of the National Credit Council held in July 1968, it was emphasised that commercial banks should increase their involvement in the financing of priority sectors, viz. , agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the […]

This report provides an in-depth evaluation of the Commonwealth Bank, including a review of its organisational structure and strategies. All businesses need to implement steps that enhance their market position. However, before applying any step, thorough research is essential to identify problems and formulate solutions. The valuable insights and critical information gained from this evaluation […]

Ethics is an important issue, be it a company or an organisation or an official body, like a government. Without ethics the core morals and values that any institution follows will be shaken. The biggest example of this would be the financial crisis that struck and shook the strongest and most ideal economy in this […]

India’s current economic scenario is characterized not just by a volatile stock market that swung around 10,000 points in 2009 but also by an increasing pattern of corporate mergers and acquisitions. This can be substantiated from the fact that there was a record number of over 867 merger events in 2007, with total capital surpassing […]