Essays on Banking

The relationship between households and financialisation. Financialisation is a term used to refer to the process of making and accumulating profit through financial channels in financial institutions rather than the conventional way of trade and production of commodities. The behaviour of household consumers keeps changing depending on payment stagnation, increase...

Monetary Base and Money Supply Monetary base can be referred to as the total currency circulating in public or bank deposits in the central bank. It relates mostly to coinage, notes and current commercial banks deposit hence its component of a state money supply. As a result of the creation of...

Organizations including banks exist with an underlining goal of making profit. Banks engage in various income generating activities including taking deposits, advancing of loans, and financing of foreign trade. They also put chargers on the services they offer and levy interest on loans. Capital, asset and liability management is central...

Banks are financial service institutions which accept deposits from the public and private organizations and create credits to individuals and organizations who are in need of finance. The banking industry is a vital sector of the service industry across the globe. Gradually, competition in this industry has been stiff with...

In America, banks operate in an open market where they are allowed to set their interest rates. In deciding what rates to charge a borrower, the bank considers the credit-worthiness of the customer. Interest rate risks (IRR) occur when banks give long-term loans that are funded by short-term deposits. The...

The emergence of online banking brought change to the banking industry and made banking experience better for the customers since they can get access to the details of their bank accounts any time wherever they are through the website of the bank.  Continuous advancement in the technology has even made...

Business process analysis report is a document describing the day to day operations of the business. It encompasses workflow diagrams corresponding to the historical processes of the organization (Donnel, 2013). The complete report serves the different purpose of analyzing activities of an organization to improve its efficiency, validating an agreement...

The emergence of online banking The emergence of online banking brought change to the banking industry and made banking experience better for the customers since they can get access to the details of their bank accounts any time wherever they are through the website of the bank. Continuous advancement in the...

Westpac is an Australian banking company The company started in 1817, and its headquarters are in Sydney. Today, Westpac is considered among the big four leading banks in Australia where the banking industry is ruled by companies like commonwealth bank, New Zealand and Australia banking group and the National Bank of...

A fact is something that has been shown to be true or to exist; it is a quality that heavily depends on the reality, veracity, actuality, and certainty of the topic under consideration. An opinion, in contrast to a truth, is a viewpoint that cannot be proven. An assertion that asserts a...

The banking industry demands the highest level of expertise and ethical behavior. One financial organization, Wells Fargo, defied these regulations by issuing credit cards and accounts to face clients. Through this practice, bank workers were able to increase profits at the expense of unwitting and innocent customers. Customers and investors...

Paulo Freire's Critique of Banking Education Paulo Freire contrasts his preferred problem-solving education strategy with the banking education method in chapter 2, highlighting the drawbacks of the latter. Banking education is harshly criticized by Freire, who claims that it encourages necrophilia because it discourages the development of knowledge through critical thinking,...