This presentation summarizes the treasury operations, financial institution services, and SME banking services units of a bank. It outlines the current staffing and activities of each unit. It also identifies risks such as lack of experience, need for documentation improvements, and issues with timely delivery of funds. Metrics on loan processing, collections, and trading volumes and profits are provided. The presentation concludes with the units' budget plans for 2010-2011, including hiring needs and technology initiatives to automate processes.
A general presentation about working capital. It gives an overview of the structure, management role, cash management. Solutions to manage working capital aspects.
A general presentation about working capital. It gives an overview of the structure, management role, cash management. Solutions to manage working capital aspects.
Financial Management for Presidents and Vice Presidents - AIESEC MongoliaGabriela Vasquez Herrero
Financial Management for Presidents and Vice Presidents
Third Session on National Educational Cycle
AIESEC Mongolia
March 2014
*Prepared with Marco Wong based on FLB info
Factoring
what, how, why, who is in factoring
how factoring work in the real world
Parties involved in factoring
working model
Typed of factoring
advantages and disadvantages
functions of factoring and process of factoring
conclusion
In forfaiting, exporters sell their trade receivables from the importers to a third party. This means that the exporters exchange their trade receivables with a third party for cash.
To know more about it, click on the link given below:
https://efinancemanagement.com/financial-accounting/forfaiting
Financial Management for Presidents and Vice Presidents - AIESEC MongoliaGabriela Vasquez Herrero
Financial Management for Presidents and Vice Presidents
Third Session on National Educational Cycle
AIESEC Mongolia
March 2014
*Prepared with Marco Wong based on FLB info
Factoring
what, how, why, who is in factoring
how factoring work in the real world
Parties involved in factoring
working model
Typed of factoring
advantages and disadvantages
functions of factoring and process of factoring
conclusion
In forfaiting, exporters sell their trade receivables from the importers to a third party. This means that the exporters exchange their trade receivables with a third party for cash.
To know more about it, click on the link given below:
https://efinancemanagement.com/financial-accounting/forfaiting
What is Accounting?
Accounting is a systematic process of recording, analyzing and summarizing transactions of an entity.
* The transactions are recorded in the books of original entry
* The transactions are then analyzed and posted in the Ledgers
Finally, the transactions are summarized in the Financial Statements
The Objective of Financial Statements
The Objective of Financial Statements is to provide information about the reporting entity’s financial position and financial performance that is useful to a wide range of users in making economic decisions.
Users of Financial Statements
Present and potential investors
Employees
Lenders
Suppliers and other trade creditors
Customers
Governments and their agencies
The Public
Accounting Concept:
Accounting concepts is basically the accounting rules that should be followed while preparing the financial statements. Some Accounting concepts on which financial statements are prepared.
The elements of Financial Statements
In the Balance Sheet
Assets
Liabilities
Equity
In the Income Statements
Income
Expenses
Definitions of Elements
Asset: A resource controlled by an entity as a result of past events and from which future economic benefits are expected to flow to the entity.
Liability: A present obligation of the entity arising from the past events, the settlement of which is expected to led to the outflow from the entity of resources embodying economic benefits.
Equity: The residual amount found by deducting all of the entity’s liabilities from all of the entity’s assets.
Income: Increase in economic benefits in the form of asset increases/liability decreases not resulting from contributions from equity participants.
Expenses: Decreases in economic benefits in the form of asset decreases/liability increases not resulting from distributions to equity participants.
Accounting Information System (AIS)
An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
AIS is a structure that a business uses to collect, store, manage, process, retrieve and report its financial data so that it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators and tax agencies.
1. Presentation on
SME Banking Services
Treasury Operations & FIS
Presented by, Fahim Ahmed
In-charge: Treasury Operations & FIS and
SME Banking Services
2. Current Holding…
Human Resources
TREASURY OPERATIONS
Capital Market Operations -2
Money Market Operations -3
FX Operations -3
Treasury Back Office Suuport-3
FINANCIAL INSTITUTION SERVICES
Funding Services-2
Collections Services-3
SME BANKING SERVICES
Repayment-13
Closing-15
Clearance-5
Risk…
Resources are may have short of experience for
running Treasury Operations.
KASTEL activity of Treasury functions are still
need further improvements.
Documentation for Tenor Enhancement related
activities under SME Banking Services are
running with deferral.
Duly and timely delivery of Money receipts from
Unit offices to SBS.
Manual Loan closing balance preparations.
Loan Clearance before loan closing and security
replacement .
3. •Highest ever SME Loan Clearance issued 2199 in
May-2010
•Total 14344 Security Clearance certificate, security
replacement, redemption activity done.
• Highest no. of SME Loan Closing done 6396 in the
month of August.
• Tenor Enhancement done 3472 and PAR reduced
BDT 64.20 crore, Write off entries passed 3971 and
realized BDT 11.63 crore.
• ESF collection BDT 2.20 crore, Legal fees related
entries passed 474 and collected fees BDT 27.05 lac,
Upfront adjustment done BDT 23.25 crore.
SME Banking Services -Closing
• Ensure collection of SME Repayments no. of
3,47,209/-and BDT 909 crore in Finacle.
• No. of 23048 Loan Closing balance have been
provided
• Processed no. of 3,36,491-Money receipt & Deposit
slips, ensured BDT 39. 79 crore for SME Medium
Repayments and ensure reconciliation items 18807.
SME Banking Services Repayment
• BGTB securities trading: Volume: 288.03
Crore and gain BDT 24.94 Crore.
• Capital Market Operations: Volume was:
218.92 Crore, gain BDT 32.79 Crore
• Total FX Deal done 1183, FX Fund Transfer
done 604 and Trading profit USD 22,607.00
and Forward contact trading profit BDT
4,21,157.00
Treasury Operations
• Amount recovered from Correspondent
bank through reconciliation, BDT 10.84 Crore
• Fund collection through SME related
Correspondent Bank Accounts: BDT 1558
Crore
Financial Institutions Services
SME Banking Services -Clearance
4. Mission Statement
Budget utilizations for 2010
Manager, Capital Market Operations and
Manager ,Closing-SME are in process to be
recruited.
PCs will be taken as per requirement of the units
and a Photocopier CAPEX has been raised for
support.
PDC Management requirement has been raised
and head count will be taken as per
requirement.
Budget for 2011
Internal resources will be updated as FTs and no.
3 to 5 FTs are required to ensure skip level
support in SBS.
Ensure support to meet ROCs requirement as
per growth of SME Business/SAM/Collections
team.
Depending on Treasury & FI Business trend upto
Sep_10, we will review a Budget requirement.
Retaining critical resources in the main frame
with proper benefits.
Road Map
Building Share portal of Treasury Operations
for day to day share trading and
transactions.
BB Exchange position automations plan.
Closing of unutilized Correspondent Bank
A/c and ensure recon items of Correspondent
Bank laying upto 6 months long.
Implementation of Money Receipts
automation -RADAR, Phase-II.
Tenor Enhancement and Reschedule related
Finacle report generation from data
warehouse.