AB Bank Limited

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AB Bank Limited, the first private sector bank under Joint Venture with Dubai Bank Limited, UAE incorporated in Bangladesh on 31st December 1981 and started its operation with effect from April 12, 1982. VISION STATEMENT To be the trendsetter for innovative banking with excellence & perfection MISSION STATEMENT To be the best performing bank in the country Internal sources Owner’s savings: The owner of a business normally has to use their own particular funds to start a business. This is for the reason that banks may not be enthusiastic to take a risk and finance in them. Thus, they use their personal savings to start a new business. Capital from profits: Once an organization has started operating it may be able to invest the money that it makes as profit back in the business. This means that even better profits may be made in the forthcoming. Working capital: This is a method of source the day to day money needed to pay the bills for the company to continue trading. Working capital is the current assets of the business minus its current liabilities. Sales of fixed assets: Fixed resourcesenable theirpossessorto carry on its procedures by selling their assets which is not needed in the company anymore to start a new venture. External sources Banks: An institution approved by a government to accept deposits, pay interest, make loans, clear checks, act as an intercessor in financial transactions, and deliver other financial services to its consumers. Building societies: A supportive whose participants their capitals in order to offer commercial and loaning services, such as mortgages. It is similar to a bank or credit union. Hire purchase: A method of obtaining something by giving an amount regularly at the end of each month. Leasing: A legal deed outlining the standings under which one party agrees to lease possessions from another party. Both the lessee and the lessor must maintain the terms of the contract for the lease to stay effective. Venture capitalists: An investor who makes money obtainable for inventive plans. Factoring: A supporting way in which an industry owner trades accounts receivable at a discount to a third-party funding source to increase money. Share Issues: The total of a business’s shares that are held by stockholders. A company can, at any period,

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