Banking

Book Debts

Book Debts

Book Debts Book debts are the amounts outstanding at a given date and owing to a trader by his customers as shown by the books of account. It refers to balances due from customers to whom we have sold goods or rendered any service on credit. It is a book that contains a list of […]

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Blank Cheque

Blank Cheque

Blank Cheque It is a cheque on which -the amount of money payable in not mentioned by the drawer. It is a signed cheque with the amount left for the payee to fill in. It is kept blank to be filled in by the payee. It is a cheque that has been signed but does […]

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Bank Rate

Bank Rate

Bank Rate Bank rate is the rate charged by the central bank for lending funds to commercial banks. It is the rate of interest that is charged by the banks in a particular country. A bank rate is the official minimum rate at which the central Bank of country discounts approved bills of exchange or.....

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Bank Draft

Bank Draft

Bank Draft A bank draft is a form 01 cheque or a bill of exchange drawn by one bank upon another directing to pay a certain sum of money. It is a check that is drawn on a bank’s funds and guaranteed by the bank that issues it. It is a payment instrument whose funds […]

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Bank Overdraft

Bank Overdraft

Bank overdraft is the quickest means of the short-term financing provided by the bank. An overdraft allows you to access extra funds through your transaction account up to an approved overdraft limit, avoiding overdrawn, and dishonor fees. It is a facility in which the bank allows the current acc.....

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Define Commercial Bank with Types

Define Commercial Bank with Types

A commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products. The general role of commercial banks is to provide financial services to general public and business and companies, ensuring econo.....

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Risk Based Capital (Basel III) Report of AB Bank- 2016

Risk Based Capital (Basel III) Report of AB Bank- 2016

This is a report on Disclosures on Risk-Based Capital (Basel III) based on 31 December 2016. These disclosures have been made in accordance with the Bangladesh Bank BRPD Circular no. 18 of 21 December 2014 as to Guidelines on ‘Risk-Based Capital Adequacy for Banks’ in line with Basel .....

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Annual Financial Statements Report of AB Bank in 2016

Annual Financial Statements Report of AB Bank in 2016

Here Presented a broadly analysis of the financial statements of AB bank limited in  the year of 2016. The preparation of consolidated financial statements and financial statements of the Bank required management to make judgments, estimates and assumptions that affected the application of accou.....

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Annual Report of AB Bank in 2014

Annual Report of AB Bank in 2014

This is a broadly described annual report of AB Bank, in the year of 2014. Shareholders’ equity of the Bank stood of Taka 1,815.71 crore on 31 December 2014 being resultant cumulative of prudent dividend, tax, and capital expenditure planning. The share market value of AB stood at Taka 1,592 cr.....

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AB Bank Annual Report for the Year 2013

AB Bank Annual Report for the Year 2013

Here broadly present Annual Report of AB Bank for the Year 2013. Annual Report for the year 2013 contains statements which are based on assumptions, estimates, believes and future expectations. Such forward-looking statements may include but not limited to future plan, performance, a growth of t.....

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Concept of Bank

Concept of Bank

A bank is financial institution, which deals with money and credit. It is an institution that provides a great variety of financial services. It accepts deposits from the public and mobilizes the fund to productive sectors. It also provides remittance facility to transfer money from one place to .....

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Which Services is Commonly Offered by Modern Commercial Banks?

Which Services is Commonly Offered by Modern Commercial Banks?

Commercial banks are the most important components of the whole banking system. A commercial bank is a profit-based financial institution that grants loans, accepts deposits, and offers other financial services, such as overdraft facilities and electronic transfer of funds. Generally, modern comm.....

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