Banking

Bahrain based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury and financial institutions and other banking services. Ithmaar bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions.  In 2003, Shamil Bank purchased all the assets and liabilities of FIBEC. Shamil Bank then sold the entire share capital of FIBEC to DMI and…

their banks and though that banking hours were irrelevant. Almost half of these people did not know who their branch manager was. Lastly, 30% hoped that they could do banking transactions over the phone. Because of this group of people who lost interest in banking transaction, Midland group sought to fix their problems. They created a new business called First Direct, a first 24/7 telephone-based bank. During the early 80’s, the Bank of England introduced the 1979 Banking Act in order to get rid…

In Paulo Freire’s “The Banking Concept of Education,” Freire leads a discussion about the many problems he finds with “banking” education, which is the term he gives to the traditional educational system. In banking education, the students are merely just buckets for educators to dump their knowledge into with no real thought or teaching actually going on, just mindless memorization that will soon be forgotten. The points made by Freire are valid, however he also has problems with has writings.…

There are many disadvantages of being a brick and mortar agency in today’s technology driven marketplace. One of the main disadvantages is how much more money it costs a brick and mortar store to operate versus an online company. Operating costs such as rent, utilities, employee wages, and startup costs are substantially higher for the brick and mortar store. Rent can range anywhere from twelve to forty plus dollars a square foot according to smallbusiness.com. Depending on the location, whether…

Travancore Bank Ltd. has come a long way from being a bank started by the Diwan of Travancore, C.P. Ramaswami Iyer in 1945. Headquartered at Thiruvananthapuram, it was a premier bank of Kerala and undertook general banking business in addition to the government treasury work and foreign exchanges business. It achieved the name ‘State Bank of Travancore’ after it became a subsidiary of the State Bank of India (SBI) in 1960 under the SBI Subsidiary Banks Act, 1959. On 31st March 2017, it merged…

The natural way for any economics major is the path of banking, finance, and investment. The options for economic majors in banking and finance come as wide and wealthy as the area itself. Many jobs are used to uphold the banking community, and for each division, there are duties and responsibilities, no matter whether it varies or not. But every single one allows economics majors the opportunity to utilize their college-honed analytical skills (Camenson). Bank officers are given jobs in cities…

The education system today is very similar to Paulo Freire’s “Banking Concept of Education”. Throughout the years as changes were made the education system began to differ from Freire’s. Unfortunately, standardized testing is still a common trait of the education system today just like Freire. But, one that has been a problem for the past couple of years that is effecting our education, bullying, which has not been part of the “Banking Concept…

security. It is important to identify the company’s dynamics, strengths, opportunities, and workplace salaries and benefits in order to make an educated decision for employment. Within the banking industry in the United States, there are several factors that determine the achievement and future durability of a banking company. According to a study conducted by Atkins et al., the researchers examined a link between bank competition and financial stability, concluding that “greater competition…

Ghosh, Saibal & Saggar, Mridul (1998), in the paper “Narrow Banking: Theory, Evidence and Prospect in India” examined the narrow banking in India and asserted that an increased presence of NPA forced banks to select tactics to reduce risk by investing in safe and liquid assets. It is observed based on the analysis that the narrow banking may expose weak banks to immense market and interest rate risk and thus makes it vulnerable to idiosyncratic and systematic risks arising from macroeconomic…

through the education that provided to them. In this modern era, there are too many distractions from globalization. Moreover, from both of the articles “The Banking Concept of Education” and “Against School”, I see that both…