Global banking emerged after World War II as companies restructured to operate internationally. Transnational banks conduct business across multiple countries, with the largest based in France, Germany, the UK, US, and Japan. They expanded in the late 20th century alongside the growth of multinational corporations and eurodollar markets. In the Philippines, transnational banks have a major presence through branches, representative offices, and offshore banking units, and they dominate the financial system by providing credit to both the government and large corporations.
a Presentation by Philippine Deposit Insurance Corporation (PDIC) at the BSP Regional Financial Literacy Campaign for OFWs in Bacolod City, Philippines on June 28, 2007
a Presentation by Philippine Deposit Insurance Corporation (PDIC) at the BSP Regional Financial Literacy Campaign for OFWs in Bacolod City, Philippines on June 28, 2007
Defying Logic - Business Logic Testing with AutomationRafal Los
Straight from Black Hat Europe - this talk lays the foundation for going-forward research and development into whether 'business logic' can be tested using automation and seeks to define boundaries, key assertions, and a roadmap for further work.
Prehistoric period Philippine Economy :Philippine History
This is before the coming of the Spaniards
The economic living of the early Filipinos before the colonization of the Spanish
Bank Business Loans vs Business Cash AdvanceMike Wallace
The following presentation is a very concise comparison between traditional business loans and a business or merchant cash advance. Small business owners can analyze the pros and cons of both financial products when trying to determine which one is right for their business.
For more information about traditional financing small business owners can check with any local or regional bank and for information on a business cash advance you can visit https://shieldfunding.com/business-loans/business-financing-options/business-cash-advance/
The Philippine Economy: Progress, Challenges, Strategies by Secretary Arsenio...nedaphils
Socioeconomic Planning Secretary and NEDA Director General Arsenio M. Balisacan's statement during the press briefing in Malacañang on February 17, 2014 on the Philippine economy and poverty reduction roadmap.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
2. • What is a Global bank?
– A bank with active operations in
multiple countries.
– a bank that is active in the international
markets and has a presence in several
continents
3. • History of Global Banking
– Shortly after World War II, the management of
international companies was restructured to meet the
needs of international operations. During the 1960s, a
global company evolved.
– Its foreign operations were integrated into a single
organizational structure. This is now the transitional
corporation (TNC) or multinational corporation (MNC).
It is a corporation which maintains its headquarters in
one country but performs production, marketing,
finance, and personal functions within many other
countries.
5. • Transnational Banks
– Transnational banks are international
finance institutions which do their business in
many countries of the world. These are
special types of transnational corporations
whose field of specialization is global banking
or international finance.
– Their customer are primarily the transnational
corporations, governments (mostly developing
countries and rich individuals.
•
6. – Since England is the cradle of the Industrial
Revolution, it started the factory system of
production. This made England the leader in
International Trade.
– Other countries followed the footsteps of
England. French Financial institutions began
overseas operations in the 1870s. German
banks likewise participated in international
banking in 1886 with the establishment of an
overseas bank in South America.
7. • Top 10 Biggest Banks of 2011
– 1. BNP Paribas (France)
– 2. Deutsche Bank (Germany)
– 3. HSBC Holdings (United Kingdom)
– 4. Barclays (United Kingdom)
– 5. The Royal Bank of Scotland Group (United Kingdom)
– 6. Bank of America (United States)
– 7. Crédit Agricole (France)
– 8. JPMorgan Chase(United States)
– 9. Industrial & Commercial Bank of China (China)
– 10. Citigroup (United States)
8. • Expansion of Global Banking
– One major factor in the rapid expansion of
transnational banks is the growth of
transnational corporation. These transnational
banks support global manufacturing and trade
of the transnational corporations. Hence,
there is a symbiotic relationship among
international industries, trade, and finance.
Each depends on one another for their own
development and growth.
•
9. - Another Factor is the supply or growth of the
Eurodollar market. Such particular type of
currency market was organized in the 1950s
when British banks started accepting US
dollar deposits and lend them. A few years
later, other banks including US banks joined
in such business. This practice of accepting
US dollars for deposits and lending them to
borrowers outside the United States is called
Eurodollar market.
•
10. The Eurodollar market has greatly expanded.
The growth of such Eurocurrency market has
been mainly due to:
– Increasing profits of the transnational
corporation
– Expansion of US bank activity in Europe
– Rise of petrodollars of the oil-producing
countries in the Middle East
– Outflow of dollars from the United States
•
11. • Global Banking in the Philippines
– The Philippines is a part of the global banking
system. The transnational banks constitute a major
part of the Philippine financial system. These global
financial institutions consider out country a good
market for lending and even participate actively in the
affairs of the Philippines financial system. They have
their branches, offshore banking units and shares in
domestic financial institutions. Because of their huge
credit facilities, they can dominate the Philippines
financial system, and even the whole economy under
the leadership of IMF, WB, and ADB.
•
13. • Penetrations of TNBs into the Philippine Financial
System
– In compliance with the recommendations of a joint IMFCB
survey in 1971,major monetary reforms were undertaken. Banks
were required to increase their capital to a minimum of 100
million pesos. To comply with such provision, some banks had to
merge with each other. Other banks had to accept foreign bank
capital or enter into partnership with foreign banks.
– In 1979, a joint WB-IMF mission in the Philippines introduced
monetary reforms that took effect in 1980. these reforms include
the formation of universal banking or expanded commercial
banking which requires a minimum capital of 500 million pesos.
This new concept of banking aims to increase the mobilizations
of savings, and channel the financial resources into long term
lending which the economy urgently needs.
14. • Participation of TNBs
– Branches
– The four branches for transnational banks in
the Philippines were established to support
and facilitate British and American business
interests. The Bank of America put up its
Manila branch in 1947 primarily to finance
trade between the United States and the
Philippines.
15. – It extended loans for development of
agricultural exports like sugar mills and
plantations, tobacco, coconut, and abaca mills
and plantations, logging and saw mill
companies. most of them are owned by
Americans.
– It has been observed that foreign banks are
operating in the Philippines with very little of
their own capital. Transnational banks do not
operate on their capital alone but on the
wealth and savings of their depositors.
16. Representative Offices
– A representative office is composed of one
foreign executive who represents his
transnational bank in the Philippines. He is
assisted by his secretary and perhaps by one
or two Filipino employees who are very
knowledgeable about the Philippine national
system, and have good contacts.
17. – A representative office is not allowed to
accept any deposits nor to lend dollars. Its
main function is to generate business for its
head office by identifying prospective loan
applicants in the country.
– It serves as a bridge between a potential
borrower and the transnational bank.
18. Offshore banking
• This means doing business with non-residents that is,
the clients are not based in the Philippines. However, our
Government allows the offshore banking units (OBUs) to
do business with Philippine-based clients. Known as
onshore banking, the government aims to make Manila
the regional finance center in Asia.
• It hopes to compete with the highly developed finance
centers of Hong Kong and Singapore. To attract the
offshore banking units, the government has extended tax
incentives on their earnings.
19. The basic operations of the OBUs are to accept dollar and to lend
these to their transnational banks for which they earn a fee.
Offshore banking units are not supposed to extend peso loans
but they do it through an arrangement with the Central Bank and
with foreign currency deposits units (FCDUs) of local banks.
Moreover, OBUs are allowed to confirm letters of credit for
Philippine-based borrowing clients:
– Bangko Sentral
– Government corporations
– Domestic banks
– And private corporations
– Ex. Philippine Long Distance Telephone, San Miguel Corp. , etc.
•