Banks Role

Role of Banks in the Economic Development of a Country

Economic development depends on business prosperity, and doing business, especially in the manufacturing and service sectors, requires capital for a kick-start and cash for daily activity. Banks as a source of that cash and money for initiation expansion and everyday activity businesses play a significant role. Economic Growth of Developing Countries and Banks Three major factors contribute to the development …

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Fixed Deposit Account

Fixed Deposit Account Explained with Features and Benefits

Commercial banks offer different kinds of financial products to their clients. Some are specialized for protecting the wealth of the customer, while others create investment opportunities. In this article, we will dive into a thorough discussion of an exceptional type of bank account, ‘fixed deposit account,’ its features, benefits, and tips & tricks. What is a Fixed Deposit? A fixed …

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BEFTN

Bangladesh Electronic Funds Transfer Network – BEFTN

A developed and an advanced payment system is very crucial for a country’s monetary and financial infrastructure and it plays a vital role in the country’s current and future economic development. Few years ago, Bangladesh Bank had a partnership with the U.K. Department for International Development (DFID) which was known as the Remittance and Payments Partnership (RPP). The RPP project …

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Areas of Finance

Brief Explanation of the Branches of Finance

The concept of time, money and risk management is known as finance management. Study of finance teaches people how these three parameters are inter-connected to each other. The study explores on a precise explanation of the branches of finance. Good knowledge on the branches of finance helps you proper management of your capital and secure it as well. Whether you …

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Share Market Basics for Beginners

Stock Market Basic for Beginners

I am extremely passionate about the stock market. I try my best to provide high-quality information and resources that help you understand, learn, and develop the stock market trading and investing skills in order to make your trading and investment easier. In this post, I will discuss the stock market fundamentals for the people who are at the beginning level.  …

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Risk Management Process

5 Steps of Risk Management Process

Every organization must deal with risks, some chosen consciously and others an inherent part of the business’s environment. Starting a business, putting products on the market, hiring people, collecting data, and developing systems are necessary to grow a successful business. They also include all risk factors. To mitigate business risks, managers follow a process commonly known as 5 steps of …

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Why Companies Acquire Other Companies

Why Companies Acquire Other Companies

Companies acquire other companies in order to build on strengths and weaknesses of the acquiring company. This method is also known as Business Acquisition or Business Takeover. Through this process, one company take control of interest & management of a targeted company. Before deciding to acquire other companies, the management team of a company needs to analyze the market. It …

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Top 10 Facilities of Stock Market

Top 10 Features of Stock Market

A stock market is a place where buyers and sellers of stocks gather, which represent ownership claims on businesses. These may include securities which are listed on a public stock exchange and those only traded privately. The stock market also refers to the collection of markets and exchanges where the issuing and trading of equities, bonds and another sort of …

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Unique Characteristics of Preferred Stocks

Preferred Stocks – Definition, Types, Hybrid Securities, Advantages, and Characteristics

What are preferred stocks? The definition says, preferred Stock (also known as preference shares) is a second type of stock which a company may like to issue. Preferred stock is enlisted separately from the common stock and it trades at a different price. It is an ownership in a corporation that has a higher priority on assets and earning than …

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