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Frequently Asked Questions on What Is Pesonet?
Frequently Asked Questions on What is PESONet? PESONet is a new electronic fund transfer service that enables customers of participating banks, e- money issuers or mobile money operators to transfer funds in Philippine Peso currency to another customer of other participating banks, e-money issuers or mobile money operators in the Philippines. It is more inclusive platform for Electronic Fund Transfers which will make G2B(Government-to- Business) and G2C(Government-to-Consumer) payments more practical, convenient, fast, and secure. What is the purpose of PESONet? Through PESONet, businesses, government, and individuals will be able to conveniently pay or transfer funds from their account to one or multiple recipient accounts in other financial institutions. PESONet is the perfect alternative to the still widely used paper-based check system. What are the features of PESONet? What are the uses of PESONet? How does PESONet work? Customers instruct their financial institution to send credit instructions to other financial institutions via online banking, mobile banking or over-the-counter transaction. They need to provide the payees’ financial institution, account number, and amount. The credit instruction is transmitted by the financial institution to the clearing switch operator, which currently is the Philippine Clearing House Corporation (PCHC). The funds are settled in the respective financial institutions demand deposit accounts held in Bangko Sentral ng Pilipinas (BSP) through BSP’s Philippine Payments and Settlement System (PhilPaSS). Upon settlement, the beneficiary’s or payee’s financial institution will credit the payee's account. How long does it take to transfer funds via PESONet? The availability of funds to the receiving account shall depend on the facility used to carry out your transaction. -
Strategic Management Practices Adopted by Abc Bank to Gain Competitive Advantage
STRATEGIC MANAGEMENT PRACTICES ADOPTED BY ABC BANK TO GAIN COMPETITIVE ADVANTAGE BY KANDUGU EPHANTUS KAMAU A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI NOVEMBER, 2017 DECLARATION This research project is my original work and has not been submitted for examination in any other university. Signature:…………………………… Date:……………………… KANDUGU EPHANTUS KAMAU REG. NO. D61/81199/2015 This research project has been submitted for examination with my approval as a University Supervisor. Signature:…………………………….. Date:………………………. PROF. BITANGE NDEMO DEPARTMENT OF BUSINESS ADMINISTRATION SCHOOL OF BUSINESS UNIVERSITY OF NAIROBI ii ACKNOWLEDGEMENTS In a very humble way I appreciate the Almighty God. All this would not have been possible were it not for his mighty care and providence. My deepest appreciation goes to my Supervisor Prof. Bitange Ndemo for his unwavering support with this project. Thank you so much for your reliability, availability, insight, effort and in an intelligent and constructive way you challenged my thoughts on the topic of this thesis. Your energy is out of this world and wish you well in all your endeavors. Special thanks to my Boss Mr. Robinson Gitau Thuku who accorded me conducive environment during my research. I would like to appreciate my friends and classmates Mike Kabita, Dennis Murikwa, Judy Amagolo, Owuor Odeny, Jackson Maithya, Eric and Kang’ethe whom we exchanged ideas from time to time. I also wish to appreciate the effort Prof. Martin Ogutu for assisting in moderating this piece of work. iii DEDICATION This project is dedicated to my parents, Margaret Wanjiku and Daniel Macharia for their encouragement. -
Updates in the ACGR of PNB
http://edge.pse.com.ph/downloadl Itnrl.do?flle id 28165 | Remarks cR06909-2016 o Please be advised that the information contained herein was previously posted as an emergency submission in the PSE EDGE Portal on October 17 . 2016 at 4:11PM. The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disc/osures, including financial reporls. All data contained herein are prepared and submitted by the disclosing pafty to the Exchange. and are disseminated solely for purposes of information. Any questlons on the data contained herein should be addressed directly to the Corporate lnformation Officer of the disclosing party. @PNB Philippine National Bank PNB PSE Disclosure Form ACGR-2 - Update on Annual Gorporate Governance Report Reference: Revised Code of Corporate Governance of the Securifies and Exchange Commission and SEC Memorandum Circular No. 1 and 12 Series of 2014 Description of the Disclosure ln compliance with SEC Memorandum Circular No. 1 , Series ol 2014, re: Guidelines for Changes and Updates in the Annual Corporate Governance Report (ACGR), we submit herewith the updates in the ACGR of PNB. We trust you will take note accordingly. Thank you. Filed on behalf by: Name Maila Katrrna llarde Designation Corporate Secretary lol'l l0/ I 8i20 l(r | 0:23 n Nl Office of the Corporate Secretary Direct Line: 536-0540 Trunk Lines: 891-6040 to 70 mPNB'() Local: 4106 t+t,4'^tT d*-'1,1 October 17 , 2016 MR. JOSE VALERIANO B. ZUNO III OIC/Head, Disclosure Department Philippine Stock Exchange, Inc. -
Africa October 2015 Manya Biemans
Banking innovations in a fast DEVELOPING and CHANGING Africa October 2015 Manya Biemans 1 Standard Chartered Bank 2 Standard Chartered Presence Countries Standard Chartered Presence Footprint 71 Markets AMERICAS EUROPE AFRICA MENAP SOUTH GREATER NORTH ASEAN Argentina1 Austria Angola | Botswana Bahrain | Egypt1 ASIA CHINA EAST ASIA Australia | Brunei Brazil Falkland Islands Cameroon Iraq | Jordan Cambodia1 Bangladesh China Japan Canada1 France | Germany Cote d’Ivoire Lebanon1 Indonesia India | Nepal Hong Kong South Korea Cayman Islands1 Guernsey | Ireland The Gambia Oman | Pakistan Laos1 | Malaysia Sri Lanka Macau Mongolia1 Chile1 Italy | Jersey Ghana | Kenya Qatar Taiwan Myanmar1 Colombia1 Luxembourg Mauritius | Nigeria Saudi Arabia Philippines Mexico1 Russia1 | Sweden Sierra Leone United Arab Singapore Peru1 Switzerland South Africa Emirates Thailand | Vietnam United States of Turkey Tanzania UAE DIFC America United Kingdom Uganda | Zambia Zimbabwe 1 Representative Office 3 Standard Chartered Bank in Africa 4 Standard Chartered is a long term banking partner in Africa Our broad network, historical presence and Africa-tailored products and solutions enable us to meet all your in-country banking needs Tunisia Angola 1 Morocco Botswana 18 Algeria Libya Egypt Cameroon 2 Cote d’Ivoire 3 Mauritania Mali Niger Sudan Eritrea Gambia 5 Senegal Chad Gambia Dijibouti Ghana 23 Guinea- Bissau Burkina Faso Guinea Benin Cape verde Ghana Nigeria Somalia Kenya 39 Ethiopia Sierra Leone South CAR Mauritius 1 Liberia Togo Sudan Côte d'Ivoire Cameroon Uganda -
Banking Sector Liberalisation in Uganda Process, Results and Policy Options
Banking Sector Liberalisation in Uganda Process, Results and Policy Options Research report Editors: Madhyam & SOMO December 2010 Banking Sector Liberalisation in Uganda Process, Results and Policy Options Research report By: Lawrence Bategeka & Luka Jovita Okumu (Economic Policy Research Centre, Uganda) Editors: Kavaljit Singh (Madhyam), Myriam Vander Stichele (SOMO) December 2010 SOMO is an independent research organisation. In 1973, SOMO was founded to provide civil society organizations with knowledge on the structure and organisation of multinationals by conducting independent research. SOMO has built up considerable expertise in among others the following areas: corporate accountability, financial and trade regulation and the position of developing countries regarding the financial industry and trade agreements. Furthermore, SOMO has built up knowledge of many different business fields by conducting sector studies. 2 Banking Sector Liberalisation in Uganda Process, Results and Policy Options Colophon Banking Sector Liberalisation in Uganda: Process, Results and Policy Options Research report December 2010 Authors: Lawrence Bategeka and Luka Jovita Okumu (EPRC) Editors: Kavaljit Singh (Madhyam) and Myriam Vander Stichele (SOMO) Layout design: Annelies Vlasblom ISBN: 978-90-71284-76-2 Financed by: This publication has been produced with the financial assistance of the Dutch Ministry of Foreign Affairs. The contents of this publication are the sole responsibility of SOMO and the authors, and can under no circumstances be regarded as reflecting the position of the Dutch Ministry of Foreign Affairs. Published by: Stichting Onderzoek Multinationale Ondernemingen Centre for Research on Multinational Corporations Sarphatistraat 30 1018 GL Amsterdam The Netherlands Tel: + 31 (20) 6391291 Fax: + 31 (20) 6391321 E-mail: [email protected] Website: www.somo.nl Madhyam 142 Maitri Apartments, Plot No. -
Managing in the New Normal
MANAGING IN THE NEW NORMAL 2020 ANNUAL REPORT Vision: ABOUT THE THEME CONTENTS To be the country’s consumer and retail bank of choice. Managing in the New Normal 01 About PSBank Mission: The coronavirus (COVID-19) pandemic has dramatically and irreversibly changed, not just 02 Message from the Chairman • As an INSTITUTION: To conform to the highest standards of integrity, professionalism and teamwork. the way we live, but also the way we bank. This unprecedented crisis is ushering in a “new 06 President’s Report • For our CLIENTS: To provide superior products and reliable, normal,” with digital technology playing a pivotal top-quality services responsive to their banking needs. role. Those previously reluctant to embrace 10 Financial Highlights • For our EMPLOYEES: To place a premium on their growth, technology now find themselves thrust into a and nurture an environment of teamwork where outstanding relationship with their laptops or mobile phones 12 Digital Ready performance is recognized. for work, education, health care, commercial transactions, and social interactions. 16 Safety First • For our SHAREHOLDERS: To enhance the value of their investments. At PSBank, putting the customer first has always 20 Employee & Customer Engagement been at the heart of our business strategy. Even before the pandemic, we have already been 22 Sustainability Commitment embarking on digital initiatives that would make ABOUT PSBANK every customer journey simple and maaasahan 26 Risk Management (reliable). This pandemic only deepened our Philippine Savings Bank (PSBank) is the thrift banking arm of the commitment to keep up with the new breed of 31 Audit Committee Report Metrobank Group, one of the largest financial onglc omerates in the “always-connected” customers and to deliver an Philippines. -
2018 Annual Report
TABLE OF CONTENTS 2 Company Profile 4 Vision, Mission, and Service Promise 5 Economic Report and Forecast 6 Message from the Chairman 8 Q&A with the President and CEO ABOUT 10 Products and Services THE 13 Financial Highlights 14 Operational Highlights COVER 20 Corporate Social Responsibility OUR LEAVES 22 Corporate Governance OF CHANGE 32 Consumer Protection 36 Table of Organization New thinking is leading the transformed business of Bank of 38 Board of Directors Commerce in a digitized industry. 51 Senior Executive Team The theme and design reflect our 55 Management Committees new approach to a seamless banking 57 Risk Management experience. The convergence of multiple digital tools and platforms in 68 Capital Management our digitized leaves reflects how the 72 Internal Audit Division Report brand empowers the customers of the future. 73 Statement of Management's Responsibility for Financial Statements 74 Audited Financial Statements ABOUT OUR PAPER 75 Report of Independent Auditors 78 Statements of Financial Position The 2018 Bank of Commerce Annual report cover and main pages were 80 Statements of Income printed on Tocatta paper certified 81 Statements of Comprehensive Income by the Forest Stewardship Council (FSC). The FSC certification ensures 82 Statements of Changes in Equity that materials come from responsibly 84 Statements of Cash Flows managed forests that provide environmental, social and 86 Notes to the Financial Statements economic benefits. Kodak Sonora process-free plates, 209 Senior Officers non-petroleum-based soy ink, and 212 Branch / ATM Directory a Heidelberg carbon neutral offset press were utilized in the printing 217 Annex A - Related Party Transactions of this report. -
Banking Basics
Banking Basics Seminar Lesson Plan and Class Activities Managing Money A PROJECT OF CONSUMER ACTION © Consumer Action 2011 Banking Basics Seminar Lesson Plan and Class Activities Lesson Purpose: To provide participants with an understanding of personal banking services, help them recognize the advantages and disadvantages of checking and savings accounts, and provide them with the knowledge and tools that will enable them to reduce account costs, manage their accounts wisely and resolve problems when they arise. Lesson Objectives: By the end of the lesson, participants will understand: • the difference between banks and credit unions; • the advantages of having a checking or savings account; • how account verification services work; • how to get a copy of their ChexSystems report; • the difference between a debit card and a credit card; • what to do if their debit card is lost or stolen; • how interest accrues, and the difference between simple and compound interest; • what CDs (certificates of deposit) are; • what safety deposit boxes are used for; • how to select a financial institution and account; • how to open an account; • how to keep account costs down; and • how to resolve account problems. Lesson Duration: 3½ hours (including a 15-minute break) Materials: For instructor: • You Can Bank on It brochure • Lesson plan (pages 3-17) • Activities and worksheets (including answer keys) (pages 18-24) o Check writing activity (page 18) o Sample ChexSystems report (pages 19-21) o Sample savings account application (pages 22-23) o Choosing a Bank or Credit Union (take-home worksheet) (page 24) • Training evaluation form (page 25) • Banking Basics Leader’s Guide • Visual teaching aid (PowerPoint presentation with instructor’s notes) Instructor will also need: • a computer and projector for the PowerPoint presentation (OPTIONAL: The PowerPoint slides also can be printed on transparent sheets for use on an overhead projector.); and • an easel and pad, or a whiteboard, and markers. -
2018 DBP Annual Report
2 DEVELOPMENT BANK OF THE PHILIPPINES 4 DEVELOPMENT BANK OF THE PHILIPPINES As the nation marches towards progress, DBP supports the national government in achieving its agenda to power the country revved up towards sustainable economic growth. The cover presents a dynamic play for change of the bank’s corporate colors. Rays of blue and red open into a collage of infrastructure projects, depicting one of the key priorities OUR of DBP as the government’s infrastructure TRANSFORMATION bank. The historic 50-year old headquarters is prominently displayed in the design. It is a IN 2018 Made Us testament and witness to the long-term and unwavering commitment of DBP to ensure A Stronger And the country’s economic development. More Focused Development Bank Contents 1 Message from the President 20 Enduring Partnerships 69 Responsive Customer Care 2 Message to Stakeholders 34 Revitalized Governance 72 Re-invigorated Corporate Citizenship 4 Financial Highlights 36 Board of Directors 75 Audited Financial Statements 5 Milestones 48 Management Committees 82 DBP Subsidiaries 9 Revving Up The Nation 52 Senior Officers 84 DBP Products and Services 10 Purpose and Philosophy 55 Enhanced Risk Management 88 Expanded Network for 12 Delivering the Benefits 63 Re-Energized Organization Growth of Progress Artist’s Perspective of New Clark City Athletics Stadium courtesy of Bases Conversion Development Authority (BCDA) 2018 ANNUAL REPORT 1 MESSAGE FROM THE PRESIDENT My warmest greetings to the Development Bank of the Philippines (DBP) on the publication of its 2018 Annual Report. For several decades, DBP has been at the forefront of strengthening our economic growth through its array of relevant, responsive and purposeful development financing programs. -
LICENSED COMMERCIAL BANKS in UGANDA As at 31 August 2009
LICENSED COMMERCIAL BANKS IN UGANDA as at 31 August 2009 Institution Address Phone Fax Cable/ E-mail ABC Bank Plot 4 Pilkington +256- 414-343745 +256- 414-258310 [email protected] Road, +256- 414-345200 [email protected] Colline House P O. Box 21091 Kampala Bank of Plot 45, Jinja Road +256-414302001 +256-414-230902 SWIFT: AFRIUGKA Africa – P.O. Box 2750 +256-414-250821 +256-414-230439 Email: [email protected] Uganda Ltd Kampala +256-312-254100 +256-414-230669 Website: www.boa-uganda.com Barclays Plot 4 Hannington +256-312- +256-414-231839 SWIFT: BARCUGICX Bank (U) Road 218300/5/10 +256-414-259467 [email protected] Ltd. P.O.Box 2971 Website: www.barclays.com Kampala Bank of Plot 18, Kampala +256-414-233680/1 +256-414-230781 SWIFT: BARBUGKA Baroda (U) Road. +256-414-232783 +256-414-258263 Email: [email protected] Ltd. P.O.Box 7197 +256-414236192 Website: www.bankofbaroda.com Kampala Cairo Plot 30 Kampala +256-414- 230141 +256-414-230130 SWIFT: UBSWUS 33XX International Road. +256-414-230137 Email:[email protected] Bank Ltd P.O.Box 7052 Website: www.cairointernationalbank.com Kampala Centenary Plot 7 Entebbe Road +256-414-346856 +256-414-236446 SWIFT:CERB UG KAXXX Bank Ltd. P.O. Box 1892 +256-414-251276/7 Email: [email protected] Kampala +256-414-232393 [email protected] +256-414-340298 Website: www.centenarybank.com Citibank Plot 4 Ternan +256-414-305500 +256-414-340624 SWIFT: CITIUGKA Uganda Ltd. Avenue, +256-312-305500 Website: www.citigroup.com Centre Court P.O. -
Effect of Mobile Banking on Cost Efficiency Of
EFFECT OF MOBILE BANKING ON COST EFFICIENCY OF COMMERCIAL BANKS IN KENYA WILLY WACHIRA MUTHII A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE IN FINANCE, SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI OCTOBER, 2019 DECLARATION I, the undersigned, declare that this is my original work and has not been presented to any institution or university other than the University of Nairobi for examination. Signed: _____________________Date: __________________________ WILLY WACHIRA MUTHII D63/64566/2013 This research project has been submitted for examination with my approval as the University Supervisor. Signed: _____________________Date: __________________________ DR. CYRUS IRAYA Department of Finance and Accounting School of Business, University of Nairobi ii ACKNOWLEDGEMENTS Quoting the words of Shannon L Adler, "When you invite people to share in your miracle, you create future allies during rough weather". This quote is a true reflection of my journey writing this research project because without the individuals involved, this journey would have been impossible. A sincere thank you goes to my supervisor Dr. Cyrus Iraya for his patience, support and guidance. For believing in my project and offering his insight and expertise in this field. For not hesitating to share his thoughts and views enabling me to be where I am today. A special thank you to Mr. Murage for his guidance and support throughout this process. Finally I would like to thank my colleagues and friends who were there to offer me support and listen to me and my views while writing this research project. They encouraged me to never give up and for that I will forever be grateful. -
Strengthening Health Outcomes Through the Private Sector (SHOPS) Year One Annual Report September 30, 2009 to June 30, 2010
Strengthening Health Outcomes through the Private Sector (SHOPS) Year One Annual Report September 30, 2009 to June 30, 2010 Submitted for Approval November 4, 2010 USAID Cooperative Agreement Number: GPO-A-00-09-00007 In partnership with Banyan Global, Jhpiego, Marie Stopes International, Monitor Group, and O’Hanlon Consulting. Table of Contents Acronyms............................................................................................................................................................3 Introduction........................................................................................................................................................6 Result 1: Strengthened Global Support for SOTA Private Sector FP/RH Approaches, Products and Services................................................................................................................................................................8 Sub Result 1.1 Global partnerships established ...................................................................................8 Sub Result 1.2: Policy dialogue enhanced between public and private sectors .............................11 Sub Result 1.3 Supportive policy environment promoted................................................................13 Result 2: Knowledge about and Understanding of Private Sector Provision of FP/RH and Other Health Information, Products and Services Advanced..............................................................................14 Sub Result 2.1 Programmatic and operations