Solutions for developing e banking services at agribank tay do branch
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: Solutions for developing e banking services at agribank tay do branch
Solutions for developing e banking services at agribank tay do branch
CHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch of commercial banks are proposed depend on the development history of the banking system and researching aspects.Based on types of services that commercial banks provide. Prof Peter s. Rose defines: "Commercial banks is a type of financial institution that provides the most diverse list of financia Solutions for developing e banking services at agribank tay do branch l services, especially credit, savings, payment services and performs larger range of financial functions than any other business organizations in theSolutions for developing e banking services at agribank tay do branch
economy.” (Peter s Rose (2004). Commercial Bank Management (Translation), Financial Publishing House, Hanoi).In terms of main activities of commerciaCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch w. trading in monetary field with the regular operation is receiving deposits in many different forms, and using this amount of money for credit, provide payment sen ices to economic entities ammg at profit.” (Associate Prof. PhD Tram Thi Xuan Huong. M.Sc Hoang Thi Minh Ngoc. (2013). Commercial bank Solutions for developing e banking services at agribank tay do branch ing textbook. Ho Chi Minh University of Economics, Economic Publishing House).Within the scope of this thesis, the author uses the definition which isSolutions for developing e banking services at agribank tay do branch
extracted from Commercial banking textbook of Ho Chi Minh University of Economics, and this definition is used throughout the thesis because of its hCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch rowing for lending. This proves that one of the important function of a commercial bank is acting as a credit intermediary, that is. on the one hand, the bank will mobilize idle money on all subjects in society from businesses, organizations, households, individuals,...on theother hand, the bank wil Solutions for developing e banking services at agribank tay do branch l use this borrowed capital to relend to entities that need additional capital. By this way. commercial banks will be the bridge between the temporarySolutions for developing e banking services at agribank tay do branch
capital-deficient entities who need to borrow, thereby creating benefits for all three parties: depositors, banks and borrowers. Commercial banks wilCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch he existence and development of the bank.Figure 1.1. C apital flows in commercial banks(Source: Summarized by author)Through the credit intermediaries, commercial banks contribute to the utility of all participants and the general benefits of the economy.-For depositors: they gain the benefit from t Solutions for developing e banking services at agribank tay do branch he temporarily idle capital in the form of deposit interest that the bank pays them. Moreover, the bank guarantees them the safety of deposits and proSolutions for developing e banking services at agribank tay do branch
vides convenient payment services.-For borrowers: they will be satisfied the capital needs for business, spending, payment without incurring a lot of CHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch onomy: this function plays an important role in promoting economic growth.b.Payment intermediariesA commercial bank is acting as a payment intermediary when it performs the payment required by customers such as deuctrng money from their deposit account to pay for goods and services or entering cuslo Solutions for developing e banking services at agribank tay do branch niers'aceount to collect sales andother revenues according to their commands. In here, commercial banks play the role of "treasurer” for businesses anSolutions for developing e banking services at agribank tay do branch
d individuals because they hold their accounts.Commercial banks perform payment intermediaries on the basis of performing credit intermediaries. BecauCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch ustomers make payment via the bank, place the bank in the intermediary of payment. Besides, the direct cash payment among economic entities has many limitations like risks in money transportation, large payment costs, especially for remote customers, and this created demand for customers to make pay Solutions for developing e banking services at agribank tay do branch ment transactions via banks.c.Representative money creationRepresentative money is a non-matcrial currency, essentially just numbers on a bank accountSolutions for developing e banking services at agribank tay do branch
which arc created through the credit activities of the commercial banking system. This currency type can be easily converted to cash, has the same fuCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch ducted through the credit and payment activities within the banking system, in close relationship with each country’s Central Banking system It is the ability to turn the initial deposit level at the first bank received deposit into a large amount of money when performing multiple credit payment tra Solutions for developing e banking services at agribank tay do branch nsactions through many banks. Commercial banks make the representative money from the Central Bank. If there arc no constraints, the ability to make rSolutions for developing e banking services at agribank tay do branch
epresentative money is unlimited. However, under the control of the Central Bank, commercial banks only create representative money within certain limCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch entral Bank in all aspects. In particular, commercial banks must always obey the regulations of the Central Bank on the implementation of monetary policy to stabilize the value of money, make the amount of money supply in the economy must match the needs of society. To do this, the attraction of dom Solutions for developing e banking services at agribank tay do branch estic and foreign capital through commercial banks must be used for the rightpurposes and requirements of the economy. Credit generated from commerciaSolutions for developing e banking services at agribank tay do branch
l banks must be effective on the basis of lending to expend production, develop trading, create jobs for workers and contribute to the implementation CHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch l sources for commercial banks, playing an important role and affecting the quality of bank operations. This is the first basic operation of a commercial bank. Commercial banks mobilize capital in many different forms. specifically:- Mobilizing capital from deposits of residences, including demand d Solutions for developing e banking services at agribank tay do branch eposits, term deposits and saving deposits.+ Demand deposits is a type of money deposited by a customer in a bank without prior agreement on the withdSolutions for developing e banking services at agribank tay do branch
rawal time. The bank has to pay only a low interest rate or may not have to pay interest on this deposit, because demand deposits of customers arc verCHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch sure payments when customers demand it intermediately. The bank needs to take advantage of this deposit type as its business capital because of the difference of input and output deposits between customers' accounts in the process of capital Hows, therefore, the bank can earn from these differences. Solutions for developing e banking services at agribank tay do branch + Term deposits is a type of deposits that customers deposited into banks and there is a prior agreement on the withdrawal time. This type of depositsSolutions for developing e banking services at agribank tay do branch
is relatively stable as the bank can determine the w ithdrawal time for paying to customers on time, hence, the bank can use fully that deposits for CHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many concepts Solutions for developing e banking services at agribank tay do branch iate term of deposits with the amount of idle money that they have. Commercial banks have the right to use term deposits in a certain time period, so this type of deposits are paid with higher interest rates than demand deposits. Solutions for developing e banking services at agribank tay do branch CHAPTER 1: LITERATURE REVIEW OF ELECTRONIC BANKING SERVICES1.1. Overview of commercial hanks7.7.7. Definition of commercial hanksToday, many conceptsGọi ngay
Chat zalo
Facebook