Banking in Bangladesh
Banking in Bangladesh: Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and …
Bangladesh Bank
Bangladesh Bank [ বাংলাদেশ ব্যাংক ] is the central bank of Bangladesh and is a member of the Asian Clearing Union. The Government of Bangladesh …
Foreign Exchange Market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. …
Credit / Credit services
Credit / Credit services, credit (from Latin credit, “(he/she/it) believes”) is the trust which allows one party to provide money …
Loan / Business loan
Loan / Business loan, What is a Loan? how does it work? In finance, a Lo an is the lending …
National Electronic Funds Transfer
National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve ba’nk of India (RBI). Starting in November 2005, the …
Real time gross settlement
Real time gross settlement (RTGS) systems are specialist funds transfer systems where the transfer of money or securities takes place …
Certificate of deposit
Certificate of deposit: A certificate of deposit (CD) is a time deposit, a financial product commonly sold by banks, thrift institutions, and credit unions in the …
Individual Retirement Account
An Individual Retirement Account (IRA) in the United States is a form of personal pension scheme offered by many financial …
Time deposit
A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a …