Finance companies and investment banks play important roles in Malaysia's financial system. Finance companies are defined as institutions that provide lending and leasing services. They are the second largest deposit-taking institutions and are regulated by guidelines on reserves and lending. Investment banks help companies raise funds through public offerings, provide advisory services for mergers and acquisitions, and facilitate trading of securities. Both finance companies and investment banks expand access to credit and investment opportunities.
Based on Islamic Finance principles, Conventional Credit Cards are considered as Unpermissible as it doesn’t comply with the Shariah requirement and Interest element is involved. Hence, Islamic Credit Cards were introduced and can be considered as one of the innovative financing products offered by Islamic Financial Institution to meet the demand for interest free credit cards. The slides will provide functions, features and contracts used in Islamic Credit Card.
Based on Islamic Finance principles, Conventional Credit Cards are considered as Unpermissible as it doesn’t comply with the Shariah requirement and Interest element is involved. Hence, Islamic Credit Cards were introduced and can be considered as one of the innovative financing products offered by Islamic Financial Institution to meet the demand for interest free credit cards. The slides will provide functions, features and contracts used in Islamic Credit Card.
Mortgage Banking Seminar is part of the continuing series of training presentations for the Financial Services Industry. Check out our other presentations in this series and contact Saunders Learning Group if you have training needs. We can help, we have been doing training in the financial services industry for 30 years.
This project decribes about the islamic financing techniques that are used by Bank Islami Pakistan. general islamic financing techniques include morabaha, musharaka, ijara and various techniques provided by this bank. i hope you will like this presentation.
Definition and history of merchant and investment banking, Who is a merchant banker, difference between investment and commercial banking and roles and functions of merchant and investment banking.
BANKING - INTRODUCTION - ORIGIN AND DEVELOPMENT OF BANKS - Meaning of Bank - FEATURES OF BANKING - LICENSING OF BANKS - IMPORTANCE OF BANKING - FUNCTIONS OF BANKS - COMMERCIAL BANKS - TYPE OF BANKING ON THE BASIS OF THEIR FUNCTION - CLASSIFICATION OF BANKS OR BANKING SYSTEMS AND STRUCTURE - FUNCTIONS OF COMMERCIAL BANKS - CENTRAL BANKING - DIFFERENT BETWEEN CENTRAL BANKING AND COMMERCIAL BANKING - RESERVE BANK OF INDIA - ORIGIN - MONETARY POLICY -MEANING - ONLINE BANKING
A merchant bank is a company that deals mostly in international finance, business loans for companies and underwriting. These banks are experts in international trade, which makes them specialists in dealing with multinational corporations
Non banking financial company- P. SAI PRATHYUSHA (PONDICHERRY UNIVERSITY)SaiLakshmi115
definition # NBFC and its regulation # kinds or types of NBFC and their activities # benefits of NBFC # services provided by NBFC # functions or role of NBFC # NBFC V/s commercial banks
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
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
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
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
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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.
3. DEFINITION
snurazani/dis2012
Under the BAFIA 1989, a “finance company” is defined as “a
person who carries on finance company business”. “Finance
company business” in turn is defined as:
A. “the business of receiving deposits on deposit account,
saving accounts or other similar account;
B. i) the lending of money
ii) leasing business; or
iii) the business of hire-purchase, including that of which is
subject to the Hire-Purchase act 1967; or
C. the lending of money
such other business as the Central Bank with the approval
of the Minister of Finance, may prescribe”.
4. FACTS
1.
2.
snurazani/dis2012
Finance companies form the second largest group
of deposit-taking institutions in Malaysia
Finance companies are allowed to carry out
transactions in the short and medium-term credit
markets, but not allowed to accept current
account deposits, to deal in gold and foreign
exchange, to grant overdraft and to grant loans
without collateral.
5. REGULATION
1.
snurazani/dis2012
Finance companies were initially governed by
BNM through the Finance Companies Act 1969.
(former known as Borrowing Companies Act 1960)
2.
This enactment safeguard the interest of the
depositors and also strengthened the financial
institutions.
6. snurazani/dis2012
SOURCES AND USES OF FUNDS/
STRUCTURE OF ASSETS AND LIABILITIES
Sources of funds/
Structure of liabilities
Uses of funds /
Structure of assets
Deposits
- Fixed deposits
- Saving deposits
Interbank money market
To grant loan for
- hire purchase and
leasing of motor vehicles
- agricultural equipments
- industrial and
construction equipments
- other consumer
durables
7. snurazani/dis2012
STATUTORY REQUIREMENTS
The operations of the finance companies
also have an important bearing on the
monetary and credit situation of the
country. Therefore, finance companies are
also required to observe statutory reserve
and liquidity requirements
8. snurazani/dis2012
SERVICES
Finance companies specializing in consumption
credit comprise mainly hire purchase finance,
leasing finance, housing loans and personal
loans. Other services include:1.
2.
3.
4.
5.
6.
Saving and fixed deposits
Hire-purchase and Leasing
Housing and real estate financing
Floor Stocking
Factoring Corporate Financing
Local money market activities.
9. snurazani/dis2012
EXAMPLE OF FINANCE COMPANY
1.
2.
3.
4.
5.
Maybank Finance Berhad
Eon Finance Berhad
Hong Leong Finance Bhd
Public Finance Berhad
Arab-Malaysian Finance
Berhad
11. snurazani/dis2012
INVESTMENT BANK IN MALAYSIA
Investment
bank is introduced by BNM on March
2005- to strengthen Malaysian Fin. Sector
All discount houses were absorbed by the merchant
banks by the end of 2006.
The new framework required the merchant banks,
stock-broking companies and universal brokers to be
transformed into investment banks latest by first
quarter of 2007
Investment banks is licensed to perform investment
banking functions by Securities Commission and
BNM.
13. snurazani/dis2012
INVESTMENT BANKS??
Investment
banking means the business of providing credit
facilities, providing consultancy and advisory services relating
to corporate and investment matters of making investments on
behalf of customers
The
main function – to provide services to corporate sectors
such advisory and management services, stock broking
services, loan syndication, portfolio management and others.
It
plays important role – to complement banking system by
providing avenue for individuals and corporations to source
funding for their business activities as well as diversifying their
portfolio investment.
14. snurazani/dis2012
INVESTMENT BANK?
Investment banks help companies and governments and their agencies to
raise money by issuing and selling securities in the primary market.
They assist public and private corporations in raising funds in the capital
markets (both equity and debt) as well as in providing strategic advisory
services for mergers, acquisitions and other types of financial transactions.
The investment banking industry plays an important intermediation function
in all market economies.
17. snurazani/dis2012
SOURCES AND USES OF FUNDS
SOURCES OF FUNDS
USES OF FUNDS
1. Deposits from customers
2. Deposits and placement of
banks and other financial
institutions
3. Balance due to clients and
brokers
4. Borrowing
1. Loan, Advances And Finance
2. Deposit Placement With Financial
Institutions
3. Security Held For Trading
4. Security Held For Maturity
5. Security Available For Sale
6. Statutory Deposit With BNM
7. Investment Into Subsidiary
Companies
8. Property, Plant And Equipment.
19. snurazani/dis2012
CORPORATE FINANCIAL & ADVISORY
The management and underwriting of public and
private securities.
Identification of investors for new ventures or for the
expansion of established business.
Handling of public and private companies‟ mergers,
acquisitions and restructuring.
Undertaking of industry research or project feasibility
studies.
Undertaking of share valuations for various purposes.
Private placements of debt and equity.
21. snurazani/dis2012
PORTFOLIO AND INVESTMENT SERVICES
Nominee and registration services including
custodianship of all types of securities.
Trading of stocks, shares, Government bonds and
money market securities.
Management of corporate and private portfolio, trusts
and pension funds.
Share register and share registration services.
Management of investment portfolios.
Management of investment and unit trusts and
property trust funds.
Fund management funds.
22. snurazani/dis2012
CORPORATE BANKING
Management of syndicated and consortium facilities
in local and foreign currencies.
Provision of trade financing facilities.
Syndication and provision of guarantee facilities.
Management and underwriting of commercial papers.
Provision and arrangement of short, medium and
long-term loans in Malaysia and overseas.
Provision of bridging finance and project finance.
Provision of factoring and leasing facilities.
Capital market issues.
Block discounting of hire-purchase agreements.
23. snurazani/dis2012
INFO: SYNDICATED LOAN
When the value of loan required by a company is too
large, it is possible that the company may be unable to
obtain it from one single financial institutions.
Investment bank will help to arrange the loan from
several financial institutions. Such loans are called
syndicated loan.
The aim of the syndicated loan is to reduce risks and
exposure of each of the syndicate participants.