Essays on Bank

Payment Protection Insurance: Ways Of Insuring Credit

Introduction Credit insurance/PPI (payment protection insurance)/credit protection is coverage for your loan in case you fall into a financial crisis and not be in a position to repay fully or partially the remaining debt. Such a situation can arise due to joblessness, accident or demise. It is different from life cover in that, nothing you...
895 Words 2 Pages

Debtors And Creditors: Prohibition Of Interest In Islam

Interest is not allowed in Islam. That is mean that the creditor cannot charge any extra amount to the debtor but on the other hand, the debtor also cannot pay less than the amount borrowed unless the creditor gives discount, which is religiously recommended but it is solely at the creditor’s consideration. If the debtor...
537 Words 1 Page

Credit Score: Credit Risk Valuation Using An Efficient Machine Learning Algorithm

Abstract. The process of automation is likely to improve the efficiency of the detection process, and it may also provide higher detection accuracy by removing the internal subjective human factors in the process. If machine learning can automatically identify bad customers, it will provide considerable benefits to the banking and financial system. The goal is...
1250 Words 3 Pages

Debt Issues: The Importance Of Free Debt Advice

There’s a well-known maxim that free debt advice is worth unequivocally what you pay for it. That might be legitimate here and there anyway in case you need counsel about your debts, there are places you can run with the desire for complimentary debt supervision that will be both helpful and worthwhile. A critical number...
825 Words 2 Pages

Types And Forms Of Debt

Types Of Debt It all started innocently enough for David. While in college, he had to apply for a student loan, to help him with his school cost and books. Then he up his game when they told him he was qualified enough for a credit card.He initially began with small minimum payments. He realized...
2445 Words 5 Pages

Shadow Banking: Transaction-level Analyses Of Entrusted Loans

Shadow banking can be defined as a group of financial intermediaries facilitating the creation of credit across the global financial system where the activities are outside the traditional banking system. It has grown exponentially in the last decade in China. There are two types of entrusted loans which are affiliated and non-affiliated. The purpose of...
1360 Words 3 Pages

The Role Of Foreign Banks in Mexico

The role that foreign banks play in Mexico has been increasingly important. They are now dominating more than 80% of the entire country’s banking assets. BBVA Bancomer, Banco Santander Mexico and HSBC Mexico are key foreign players involved in the banking industry in Mexico. (Alejandro, 2016) These three banks are all subsidiaries owned by their...
998 Words 2 Pages

Mobile Banking: Review Of Literature

Prof. (Dr.) Vikas Shrotriya, Pallavi Singh Yadav(2019)1 Analyzed – Recent technological changes going around the globe has invaded almost all the operational procedures of the financial & banking sector. The technological reforms have not only been initiated to save time, monetary resources, human resources but, have also increased the efficiency and effectiveness of the process....
2454 Words 5 Pages

Topics in this Category

16 seconds is an average response time of our support team Get Help Now
Get Help Now

We use cookies to give you the best experience possible. By continuing we’ll assume you board with our cookie policy.