Consumer Credit

The Bank and the Banking sector is since a long time a significant point in the economy and in the private sector. Banking law is very important to regulate the relation between customer and bank. On the one hand it protects the interest of the bank and on the other hand also the rights of the customers that are in an inferior position. In both of them the customer- bank relation plays a very important role.

With the help of conclusions described in the last chapter, recommendations are developed and designed to present personal and independent point of view for the betterment and development of the organization. Recommendations are integral part of report and become imperative for internship report. Findings and Recommendations for MCB are as follows which will help the reader to understand all the aspects of the bank.

This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems

Consumer credit laws are a number of laws passed by the government to protect consumers from unfair credit practices. Consumer credit laws support consumers by placing a standard for how consumers are to be treated in their daily credit dealings. They support consumers by protecting them against credit discrimination on the basis of race, color, religion, national origin, sex, marital status, or age. It also protects the consumer against billing errors, abusive collection practices, and misuse of their credit information. The Equal Credit Opportunity Act is one of the consumer credit law. This law was designed to protect consumer from discrimination when evaluating creditworthiness. This act specifies that creditors may not “discourage you

During this case study, we can see that the current state the following: there are an increasing number of competitors in the credit industry. More and more companies enter this industry, making even more difficult for the bank to compete and gain more customers shares. So, we’ve perform a means-end analysis of the situation in order to get the maximum information for them improve their services and be more efficient. The goal of this means-end analysis was to find a way to differentiate from the others by any means. But the first step of it was to find out what’s important for the customers when we’re talking a

Retail banking is quite broad in nature - it refers to the dealing of commercial banks with individual customers, both on liabilities and assets sides of the balance sheet. Fixed, current / savings accounts on the liabilities side; and mortgages, loans (e.g., personal, housing, auto, and educational) on the assets side, are the more important of the products offered by banks. Related ancillary services include credit cards, or depository services. Today’s retail banking sector is characterized by three basic characteristics:

Table 4 summarises descriptive statistics of RATE, the un-weighted (weighted) risk disclosure index (RDI) as well as SSB for all bank fiscal years, as well as for each of the eight firm years investigated, separately from 2006 to 2013. Table 4 shows a number of remarkable outcomes. First, it reports that there is a high amount of variation in ratings between banks. For instance, RATE ranges from a minimum of 1 (Default) to a maximum of 19 (AA- which mean very high credit quality) with the median RATE 14.12 (Good credit quality) that indicate most banks in MENA have good rating, but there has been a continuous decreases in ratings during 2008 and years after which reflects the impact of continues crises beginning with GFC in 2007 and credit crunch in 2010. For instance, the average banks ratings is 14.4, 14.29, 14.09, 13.77, 13.69 and 13.84 in 2008, 2009, 2010, 2011 and 2012, but RATE begin to increases in 2013 which indicates recovery in MENA banks from GFC crisis effects. Finally, there is evidence that the level of listed bank RATE before GFC is higher than during and after GFC.

The primary source of data for research is interviews with bank executives. To confirm information collected by primary data, some documents published by banks were used as secondary data. The interviews were recorded and important points were collected. The whole research can be divided into three steps. First is general description of

This reflection report defines the study of industry which reflects the present impression in the market. By looking forward to this report I also chosen this industry and a sector in which I would like to take a kick start for my better career for the future. The discussion in the depth of the sector of financial industry, for this I am presenting a concise report of the three particular banking business areas which will be my future career target also.

Money has time value in the financial investment market. The time value of money affects to a greater extent to many investors. So investor has to take account of time value for money. When investment is made in securities, it is found that volatility is more. Every person wants to save money and the money saved by those persons they do not keep it as idle and invest that money to make appreciation money. They are number of investment alternatives. The choice is up to investor who wants to invest according to their interest and it depends upon the rate of return or the amount of return and risk expect from the individual. Some individual want high return and ready to take high risk. Investors who want to take high risk will go for equity they earn more returns. If the individual does not want to take more risk they will prefer for depositing in banks. Investment in mutual fund, debentures, bonds, preference share, Govt. Securities, treasury bills etc. Where the individual get a fixed amount and who do not take risk are called as a risk averse. Thus this study is mainly concentrated to find out the risk and return analysis that has been associated with the banking sector of the BSE Bankex and also to know the relationship between banks return and market returns. The chosen topic is the banking sector from the emerging sector now. The training has expose me to many facts of an organization and also helps me to gain practical knowledge and known Risk &

The urgency of proper credit risk management for wellbeing of the banks has inspired me to check whether the risk management practices of the banks have created the situation

For this paper, selected financial data for East West Bank (“EWB” or the “Bank”) and its Peer Group (“peers”) was obtained from the December 31, 2013 Uniform Bank Performance Report (“UBPR”) and various EWB documents ; as well as from interviews conducted with EWB management .

> Bank is giving lively credit organizations to each one of the customers at all branches. Since recognizing chief directions for the borrower while affecting a progress to petition to the bank.

While in all these Banks Government held nominal 5 percent shares, an exception was made in the case of this Bank. It retained 40 percent shares of the Bank.

The preparation of this report is a requirement of the course on “Management of Financial Institutions”, M. Jahangir Alam Chowdhury, Professor of Finance Department at Faculty of Business Studies, University of Dhaka, who is also the course instructor has assigned us a topics regarding “Merchants Banks in Bangladesh” where industry performance and activities are analyzed by the listed merchants banker in our country.