A Review On MUFG Bank

[yuyul]

In banking institutions, interest income is the core income that drives the bank. Interest income is also known as net interest income. Interest income is the main motor for banks in their operational activities. As noted earlier, banks generally benefit from the difference between loan interest and deposit interest. So that we need to first equate the perception of income related to savings and loan interest.
Funds that have been successfully raised by the Bank are known as Third Party Funds (DPK). Meanwhile, the activity of raising funds in banking is known as funding.

The format for raising funds can be in the form of:
Current Account
Is an account used for business.
Current account withdrawal media is a check or bilyet giro sheet.
The double function of check sheets and bilyet giro is as a means of payment in business transactions.
Interest earned if you have a checking account is a checking service.
Current accounts at banks are usually very low, less than 1%.
Checking service is subject to 20% tax.
In banking activities, checking accounts are a cheap source of funds.

[jindon]

Apart from providing interest on deposits to their customers, the bank also charges them with administrative fees which are deducted directly from customer deposits on a regular basis every month. Then the Bank competed to provide easy transaction services to its customers. In fact, this has become the spearhead of marketing to get new customers. Who doesn't want his life (his business transactions) to be easier? One of the check points for fee based income is ATM. Starting from making ATM cards, with various variants, to transaction features on ATM machines, all are subject to administrative fees. Maybe the value is not much, between 2000 and tens of thousands, but try to multiply it by the number of users and the number of transactions per day.

The next source of income is investment. The bank offers its customers to voluntarily participate in investing in mutual funds in exchange for the results on the investment. What must be considered, from the customer's point of view, the investment can be profitable but also can lose, so there is no guarantee of money back, because the one who invests is the customer.

[piton]

In the era of technological development like now, the business world has experienced a significant increase and is increasingly broad. It is not only those who are old, who can create a business and have an impact, but also those who are young. In addition, business "today", is not only fixated on things that are tangible, but many businesses that use technology, for example, such as the birth of "super app", which makes it easier for people to carry out their daily life.

Now, with this new generation of entrepreneurs, they usually need capital to inject funds into the businesses they build. Talking about capital, nowadays it is not only dependent on bank loans or personal savings, but also to other sources, one of which is to have loans from private investors.

[alkatiri]

Activities to raise funds may include collecting data from the public in the form of demand deposits, savings and time deposits. Banks also usually provide remuneration in the form of interest or other prizes to attract people to use the bank's services. Banking services that are usually offered are in the form of deposit, payment, transfer, billing, clearing, credit, and many more.

The types of banks are classified into several types based on various aspects. These aspects include function, ownership, status and operation. Commercial banks offer a variety of products and services to the public according to their function by collecting funds directly from the public in various forms, providing loan loans to the public, buying and selling foreign currency, selling insurance services, checking accounts, checking services, receiving deposits of valuable goods, and so on. so. The services provided by a commercial bank are general in nature, which means that the bank can provide all existing banking services to the public and its operational areas are spread across all regions.

[Pak3000]

National Australia Bank

Introduction:

National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers.NAB was ranked 21st largest bank in the world measured by market capitalisation and 52nd largest bank in the world as measured by total assets in 2019.As of November 2014 NAB operated 1,590 branches and service centres; and 4,412 ATMs across Australia, New Zealand and Asia serving 12.7 million customers

History:

The Meeniyan National Bank of Australasia, now located at Old Gippstown in Moe
National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limited.
The expanded financial base of the merged entity triggered significant offshore expansion over ensuing years. Representative offices were established in Beijing (1982), Chicago (branch 1982), Dallas (1983), Seoul (1983, upgraded to a branch in 1990), San Francisco (1984), Kuala Lumpur (1984), Athens (1984, closed 1989), Frankfurt (1985, closed 1992), Atlanta (1986), Bangkok (1986), Taipei (1986 upgraded to branch 1990), Shanghai (1988, closed 1990), Houston (1989) and New Delhi (1989).

In 1987, NAB bought Clydesdale Bank (Scotland) and Northern Bank (Northern Ireland and Republic of Ireland) from Midland Bank. It rebranded Northern Bank branches in the Republic of Ireland to National Irish Bank and changed both banks' logos from that of the Midland Bank. In 1990, NAB bought Yorkshire Bank (England and Wales).

Further acquisitions followed – Bank of New Zealand in 1992, which at the time had about a 26% market share in the New Zealand market, and Michigan National Bank (MNB) in 1995. NAB had earlier rationalised its operations in the US and closed its offices in Atlanta, Chicago, Dallas, Houston, and San Francisco in 1991.

This period of rapid expansion through acquisition concluded with the purchases in 1997 of HomeSide Lending, a leading US mortgage originator and servicer based in Florida, and most significantly, the acquisition in 2000 of MLC Limited (and related MLC entities) for $4.56bn, one of the biggest mergers in Australian corporate history.

[Gamechanger2020]

MUFG Bank

Introduction:-

MUFG Bank is Japan's largest bank and one of the world's largest, with offices throughout Japan and in 40 other countries. We build long-term relationships with our customers, promote real economic growth,and contribute to orderly capital markets that serve society. The welfare of our customers and employees is always top of mind. Learn more through these links.

Vision :-
Work together to exceed the expectations of our customers
Strive to understand and respond to the diversified needs of our customers. Maintain and expect the highest levels of professionalism and expertise, supported by our consolidated strength.

Management" means those responsible for management of our group; the executive officers and senior fellows of MUFG Bank and the directors and executive officers of our group companies.)
Provide reliable and constant support to our customers
Give the highest priority to protecting the interests of our customers. Promote healthy, sustainable economic growth. Maintain a robust organization that is effective, professional, and responsive.