Thursday, February 14, 2013

Banking Problems In Bangladesh

1. Introduction:
A. Historical Background: As people cannot hold up alone in the society, the economy cannot run smoothly without the driveway of the cash from the savers sector to the borrowers sector. Banks are those institutions that facilitate the whole funds movement process. The origin of the word Bank is controversial only when some experts say that it was derived from some Italian words like- Banco, Banca, Bancus etc. These words refer to some kind of bench in which money lenders use to sit and do business in ancient Rome.
B. Definition: Scholars have defined banks in to the highest degree the same way. According to Prof. Cairncross A bank is a financial intermediary, a switcher in loans and debts.
Prof. Chamber defines banks as an role or institution for the keeping, lending and exchanging of money.
Bank is an institution that is registered by central bank and mainly performs the following activities-
1.Receives current deposits and break away the withdrawal facilities to clients through cheque
2.Receives term deposit and pay fire on it
3.Discounting notes, approving loans, and invest in government and opposite credit instruments
4.Collect cheque, drafting and note etc.
5.Issue draft and cashiers cheque
6.Notification of depositors cheque
7.Act as regent in accordance with government permission.

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-Dictionary of Banking & Finance
C. Statement: Bangladesh has an uphill economy where the banking sector can flourish rapidly if the problems in this sector can be totally eliminated.
D. Objective: To incur out the problems in Banking Sector in Bangladesh and ways to deal with the problems.
E. Scopes and Limitations
Scopes:
This study represents the problems and the solutions to the problems in Bangladesh.
Finding out the problems will jock the professionals to reach their goals more efficiently
Elimination of the problems will definitely maximise the banking business performance in Bangladesh.

Limitations:
Though...If you want to get a full essay, order it on our website: Orderessay



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