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Showing posts from August, 2013

Documentary credit

The definition of documentary credit That contract whereby the Bank undertakes to open adoption at the request of one of its clients (called open credit) for another person (beneficiary) to ensure documents represent movable goods or prepared for transport - The importance of documentary credits 1 - a way to reconcile and facilitate transactions between buyer and seller who are in two different countries 2 - guaranteed means of payment in international trade operations 3 - provide letters of credit for each of the credit facilities exporter and importer - The parties to the documentary credit It can be said that the letter of credit are among several parties (client, the World Bank, and the beneficiary) First: the client demanded opening credit (importer - buyer) Is the client requesting the opening credit of what has been imported (also called open thing of credit) and shall be binding to the Bank the value of accreditation if the conditions are met and shipping doc

Banking Deposit Insurance Corporation

 Banking Deposit Insurance Corporation Requires talking about the banking Deposit Insurance Corporation - What guarantee bank deposits The guarantee bank deposits at least from our point of view, one of the types of compulsory insurance imposed by the monetary policies in most countries of the world on the banks operating on its soil. The first state established a sophisticated system to protect deposits appointed Czechoslovakia in 1924 AD. Either for the United States of America was founded in 1934 At the Arab level considered to Lebanon, the first Arab country to establish Deposit Insurance Corporation in 1967 following the crisis Intra Bank in 1966 - Reason for the establishment of the Deposit Insurance Corporation Was created bank deposit guarantee institutions to provide some kind of protection for depositors to guarantee deposits at the bank's inability to fulfill its obligations towards them as a result of the financial crises may pass by banks also aims also to the

Specialized banks role in Development

Specialized banks   Definition of the specialized banks As those banks that are banking operations that serve a specific type of economic activity, such as industrial or agricultural activity or real estate in accordance with the resolutions of the establishment and that do not have to accept demand deposits from between the main aspects of its activity - The characteristics of the specialized banks 1 - it is considered a non-deposit institutions 2 - a link with a wealth of activity 3 - Specialization in particular the financing of economic activity 4 - Most of the loans granted by the relatively long deadlines 5 - often focus on achieving economic and social development - Microfinance Bank  The establishment of microfinance banks or contribute to any proportion after the approval of the Central Bank - What Microfinance Bank Known as Microfinance Bank is the banking dealing with families and small farmers and small and micro enterprises in the urban and rura

Wife in the draft treason

Wife in the draft treason May push many of the wives in the draft infidelity and having sex with a party of three in order to satisfy the desire for sex and that the pair for not achieving the objectives of marital relations in handling and non-compliance with the wife in respect of relations between them That the reasons for her husband's infidelity Due to many things The most prominent of the following 1 - household problems 2 - Lack of sexual satiety parties 3 - lack of love among themselves 3 - there is no art of dialogue and marital deal 4 - feeling bored 5 - frequent differences between women and men It may be possible to work to stop the practice of marital infidelity before they occur - Work to solve the problems between the two partners and lack of accumulation and work on them. - Openness between the two partners in all things. - Get away from the temptations that negatively affect the relationship of men and women. - Do not watch movies excitement

Commercial banks

Commercial banks Commercial banks are considered a flagship model for fund companies, where they can not be established unless the commercial bank was originally a joint-stock company - The definition of commercial banks   The commercial banks or bank deposits as the foundation stone of the banking system - Work can be summed up in commercial banks that accept surplus funds from the needs of the owners and re-submitted for others they need to finance various their use - Sources of funds of commercial banks Can distinguish between two main sources of funds commercial banks resources which are subjective and external sources - First own resources or internal It is those financial resources that have come from internal and include: 1) paid-up capital: It represents the value of the shares paid by individuals whom contribution in the bank's capital. And usually does not only constitute a small percentage of the Bank's total resources - Provided that ther

Commercial paper

The definition of commercial paper Instruments include a commitment to pay a certain sum of money at a certain date or not to set or once found and accepted by commercial means trading .. Or is "negotiable instruments' really represent cash and payable once found a short-term or after being traditionally accepted as a tool to fulfill" Characteristics of commercial paper 1 - they are negotiable instruments 2 - they really represent cash 3 - it is payable once found a short-term or after 4 - traditionally accepted as a mode of payment - Jobs commercial paper 1 - commercial paper tool to meet 2 - commercial paper a tool for short-term credit - Types of commercial paper 1 - 2 bill - the bond is 3 - check First: The bill Are commercial paper includes an order from a person called the drawer to another person called the drawee to pay a certain amount of money as soon as available or at a specific date, then a third person is the beneficiary or to the