What is a CAR in banking?
The capital adequacy ratio (CAR) is a measurement of a bank’s available capital expressed as a percentage of a bank’s risk-weighted credit exposures. How ...
What is banking and its importance?
Banking is a business activity which involves accepting money from public in the form of deposits and lending it as loans for earning profit. Banking inst...
What banks are part of Bank of Scotland?
Bank of Scotland PLC is the ‘deposit-taking licence holder’ for Aviva, Bank of Scotland, BM Savings, Halifax, and Intelligent Finance. This means you’ll o...
What is the origin of banking?
Banking activities started in Nigeria in the year 1892 with the opening of the Africa Banking Corporation in Lagos . In 1945, Agbonmagbe Bank [now Wema Ba...
Can I deposit a personal check made out to someone else?
You can deposit a check made out to someone else in your own bank account if the payee endorses the check over to you. They will need to write “Pay to ” o...
Why do you want to work at ANZ?
We believe freedom and flexibility leads to greater productivity and happier, healthier employees and customers. We want ANZ to be a great place to work, ...
Is public sector bank a government bank?
Public Sector/ Government Banks in India: Public Sector Bank is the bank owned by the Government or in which the Government is the major shareholder (of m...
Is it illegal to have a Swiss bank account?
According to the 2018 Financial Secrecy Index, Switzerland’s banking secrecy laws have rendered it a premier tax haven since the 1900s. When foreign clien...
What is document through bank?
Documentary collection is method of trade finance in which an exporter’s bank forwards documents to an importer’s bank and collects payment for shipped go...
Can you reinstate a canceled check?
Reversing a stop payment can be easy, but costly. Stopping payment on a check can be done by visiting the branch of your financial institution or by calli...
