A Review on Deutsche Bank

[piton]

Bank customers use the bank to deposit their money, for business reasons or for security reasons only. Then the bank provides an additional bonus on customer deposits in the form of interest on deposits. Then the funds that have been collected are used to provide loans to other customers, who are burdened with loan interest in addition to the loan principal. Usually the loan interest is greater than the interest on the deposit so that you get a profit. In fact, this is the main income (source of profit) of the bank

Banks are basically business entities whose job is to make profits. So if in the past the bank was able to make a profit during their operational period (from when the counter was open to the counter closed), now the bank can make a profit every time.

Customers applying for a loan from a bank are required to provide collateral as collateral for the loan. Usually the collateral value is always greater than the loan value. If the customer experiences payment congestion (bad credit), the collateral is confiscated by the bank to cover the bad loan. The bank can sell it (auction) or rent it out.

[jindon]

Banks are financial institutions whose roles are irreplaceable in everyday life and state life. We have never been separated from making transactions with banks, whether it is for sending funds, making payments, or applying for loans. Even though the bank is very close to us, many do not understand how the real bank works. Banks hold a lot of money that may be countless. However, the money is not their money or profit that can be used by the bank

Banks may be engaged in customer service and prioritize customer satisfaction more than anything else. But one thing to remember is, the bank is still a company so profit should be one of the main goals for them. A bank cannot make a profit without customers entrusting their money to the bank. Whether it's in the form of savings, deposits, or loans, banks need “start-up capital” so they can make their own profit. The various kinds of transactions that you make at the bank, such as opening a new account, managing a debit card, making a credit card, and applying for a business loan are ways for banks to make a profit.

[alkatiri]

Everyone wants something easy and practical. So that there are many new findings that can make it easier for all of us, one of the examples is the existence of banks. Having a bank certainly makes it easier for us to make financial transactions, such as saving money. Saving or saving money at home, of course, there are some risks that will be experienced, such as when a fire occurs, when you don't have time to save all the money you have, the money will burn out, not to mention if there are robbers and so on. By saving in the bank, your money will remain safe from this risk, you can use it whenever or want to save it until you really need it.

When you have a savings account, you can save it at any time through a bank teller or non-cash ATM. In addition, you can take the money at any time by using an ATM card when you need it. If you want to buy goods or send money, you can easily transfer them anytime, anywhere. The money saved can be increased according to the provisions of each bank. If you save at a Conventional Bank you will receive interest according to the prevailing interest rate and your savings balance, if you save at a Sharia bank you will receive profit sharing at the agreed ratio. Of course, if the more balance you have in your savings, the more benefits you will get.

[Gamechanger2020]

Silk Bank

Introduction :-

On September 15, 2001, under the supervision of the State Bank of Pakistan (SBP), the institution then known as the Prudential Bank was acquired by the management and associates of the Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd (SAPICO).
On March 31, 2008, a Consortium comprising of IFC, Bank Muscat, Nomura International and Sinthos Capital led by senior bankers Mr. Shaukat Tarin and Mr. Sadeq Sayeed acquired 86.55% stake in Silkbank for around $213 million or $0.47 per share (PKR 29.3 equivalent per share). Under the new leadership, the Bank will continue to focus on SME & Consumer financing resulting in efforts of increased profitability.

Mission

To be the leader in premier banking, trusted by customers for accessibility, service & innovation; be an employer of choice creating value for all stakeholder.

Values
Silkbank prides itself in being a conscientious and responsible corporate citizen with a commitment to the development of Pakistan. At Silkbank our employees are encouraged to give back to society and we have made concerted efforts towards the development of healthcare, education and constructive, character building sports activities in the underdeveloped segments of our country.

Core values

Customer Focus
Integrity
Teamwork
Creativity
Meritocracy
Humility

[Akhterp]

Deutsche Bank


Deutsche Bank is a multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange.

The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.As of 2017–2018, Deutsche Bank was the 17th largest bank in the world by total assets.As the largest German banking institution, it is a component of the DAX stock market index.

The company is a universal bank with three major divisions: the Private & Commercial Bank, the Corporate & Investment Bank (CIB), and Asset Management (DWS). Its investment banking operations often command substantial deal flow.
History:

1870–1919

Deutsche Bank was founded in Berlin in 1870 as a specialist bank for financing foreign trade and promoting German exports. It subsequently played a large part in developing Germany's industry, as its business model focused on providing finance to industrial customers. The bank's statute was adopted on 22 January 1870, and on 10 March 1870 the Prussian government granted it a banking licence. The statute laid great stress on foreign business:
The object of the company is to transact banking business of all kinds, in particular, to promote and facilitate trade relations between Germany, other European countries and overseas markets.

Three of the founders were Georg Siemens, whose father's cousin had founded Siemens and Halske; Adelbert Delbrück and Ludwig Bamberger. Prior to the founding of Deutsche Bank, German importers and exporters were dependent upon British and French banking institutions in the world markets—a serious handicap in that German bills were almost unknown in international commerce, generally disliked and subject to a higher rate of a discount than English or French bills.