Merchant Bank of Sri Lanka (MBSL) was incorporated as an Investment Bank in March 1982. Later the company was listed on the Colombo Stock Exchange in 1991. Initially the Bank provided financial consultancy services, corporate advisory services and IPO services to large and medium businesses. In addition they were pioneers in Intermediating Investment Underwriting and Management. Also they actively participate in Capital Market activities catering to both local and global clients as well.
MBSL is also a registered finance leasing company, later introduced 24 Hour leasing Services to the Sri Lankan Leasing Market for the first time. MBSL is a subsidiary of Bank of Ceylon which holds 72.5% of their total share capital.
In 2012 MBSL celebrated its 30th successful year and they came up with the 30x30 concept. Overnight 16 Branches were opened and this was a highlighting incident that took the attention of the Financial Sector companies which reminded them that still MBSL is active in the market.
MBSL Group consist of few subsidiaries and associates. MBSL Savings Bank Limited was a main subsidiary of MBSL which was acquired in 2009 from the Ceylinco group. This company was incorporated on 14th August 1996. The subsidiary was
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The country is resourced with a high literacy level of nearly 93% which helped the nation build a skilled labour market in recent years ((World Bank). More than 67% of the country’s population is in between 15yrs to 64yrs which resulted in having a big labour force in the country (Statistics Department, 2013). Availability of educated and skilled labour resulted in not having any doubt of having the right people for the right job for many industries including banking industry. Chemistry between the rapid development of financial sector (post war) and availability of large number of skilled labour indicated the chances of further development in the industry in the years to
M&S´ success has a lot to do with its long-term relationships with its suppliers. Some of them had supplied M&S for over a hundred years (i.e. Dewhirsts). M&S bought directly from a few UK suppliers, without the use of an intermediary, like most of its competitors. This created a heavy reliance of those suppliers on the company. M&S could then try to lower its costs by putting
All this remark less performance of MCB has earned it many awards like “The Best Bank of Pakistan” award consecutively for two years; 2008 and 2009. The award was given by “Euro Money” a leading international publication.
Kotak Mahindra Bank ltd. is an Indian bank and financial service firm which was established in 1985. Earlier, it was known as Kotak Mahindra Finance Limited, a NBFC(non-banking financial company). In feburary 2003, the Reserve bank of India gave license to Kotak Mahindra Finance ltd. to carry our baking business in the country and in the history of Indian Banking, it is the first company that is being converted into bank. As so September 2014, the bank has consolidated balance sheet of US $3.3 billion and has over 500 branches and more than 1000 ATM’s across the country.
The purpose of this report is to analyze the financial operations and financial conditions of BB&T Bank by evaluating financial, economic and market information available for the period from 2000 to 2008. This paper attempts to address key strengths and
The growth of the bank’s revenue for its shareholders, is also as a result of the respect the bank has on delivering quality services, respecting the views of everyone involved in their business, having a leadership system that is easily approachable, being
Maybank was established in 1960, and today is the largest company by market capitalisation on the Malaysian Bourse (Bursa Malaysia). It is ranked first among listed Malaysian companies and among the top 500 companies in the Forbes Global 2000 leading companies of the world.
Management restructure that occurred in this year has lead M&S shares rise significantly. “M&S shares closed at 1.5% bigger at 424.2 pences”
To ensure this experience was the same for all the members of the bank, Commerce standardized it’s branches, down to the nuts and bolts, “We know every screw in the model“(Frei, 2006, p.7.), this Cunningham the chief marketing officer, felt would make life
Bank Muscat SAOG (known as: Bank Muscat) is a public company, listed on Muscat Securities Market since January 2007. Bank Muscat operates within the Banks sector focusing on Diversified Banks. It has 11 subsidiaries operating across Southern and Central Asia and Middle East. Bank Muscat is based in Muscat, Oman and was established in July 1982.
Moreover, the Moroccan banking system is composed of mainly Moroccan-owned banks (BMCE, BCP, Attijariwafa Bank) which control 70% of Morocco's banking market, and majority foreign-owned banks (SGMB, Credit Du Maroc, BMCI) that share 30% of the Moroccan banking market.
List of abbreviations List of tables Acknowledgements Abstract 1. 2. 3. 4. 5. 6. 7. 8. Introduction Problem statement Objectives and hypothesis of the study Literature review Structure and performance of the financial sector in
From this figure, we can understand the growth of MFIs in India. The clients base and amount of loan disbursed from these five MFIs of India has
The organisation of the rest of the paper is as follows. Section 2 briefly discusses the present banking sector in Sri Lanka. Section 3 reviews relevant literature. In this section, more emphasis is given to discuss the banking efficiency
The study of foreign bank entry effect towards domestic banking in Malaysia in term of long term loan is an important tool to evaluate the difference between foreign bank and domestic bank in Malaysia. Other than that, it is also important to determine management planning and strategic analysis. Banks contribute to economic growth, so if the bank performance is outstanding, the overall economy will be strong. There are few studies have discussed the similar topic. Therefore, some of the articles are selected as a references.
The company 's goal is to raise capital by issuing securities in the market. Merchant bankers act as mediator between the issuers and the investors who purchase these securities. Merchant banking is the financial institution that matches the companies that need capital and those that have capital. It is the function that facilitates the low capital in the market. Acting as a body corporate who carries on any activity of management issues, merchant bankers in India prepare prospectus and other information relating to the issue. Merchant bankers in India are not allowed to conduct any business other than the