Author: AÉNL Agency

Financial Institutions are a fantastic business model to learn from when considering ever changing market conditions. Their traditional target markets are stable, but, the needs of an emerging market, the Latino market is extremely underserved. It is certainly not for lack of money. Many Latinos have zero debt and healthy saving habits. The question arises,…

The more rapidly that your business expands, the greater the need for working capital becomes. If you have insufficient working capital – the money necessary to keep your business functioning – your enterprise is doomed to fail. Many businesses, that are profitable on-paper, are forced to “close their doors” due to their inability to meet…

Money is anything used for the exchange of goods and services. Money is, in the world of commerce, what blood is to the human body. The roles money plays in our daily lives cannot be over-emphasized. It is pervasive, yet very few people understand how to deal with the challenges arising from the use of…

Introduction When in 2004 Globe Telecoms of the Philippines launched its G-CASH product as a competitor to the successful money transfer launched in 2000 by Smart, the other mobile operator in the Philippines, it seemed clear that it was only a matter of time before mobile payments and mobile banking became a major part of…

The importance of credit risk management for banking is tremendous. Banks and other financial institutions are often faced with risks that are mostly of financial nature. These institutions must balance risks as well as returns. For a bank to have a large consumer base, it must offer loan products that are reasonable enough. However, if…

In terms of economic transactions and commercial dealings, an NBFC or a non-banking finance company is no less important than a bank. They are the investment mediators without the legal authorization and with a much flexible monetary policy in comparison to the banks. They provide all kinds of banking services, in which accounting plays an…

Some people compare stock brokers with financial advisors. These are actually more than stock brokers – they are trained professionals whose duty is to put their client’s interests ahead of their own. The ease with which one can trade online and the abundance of free investment information available on the internet have caused some people…

The banking sector in India is poised for robust growth as technological advancements and policy reforms continue to provide the impetus to growth. A well-developed BFSI sector is a must for economic progress, and that is why the banking sector today is holding a strong emphasis on strengthening the overall customer experience by providing better…

Banking Fraud is posing threat to Indian Economy. Its vibrant effect can be understood be the fact that in the year 2004 number of Cyber Crime were 347 in India which rose to 481 in 2005 showing an increase of 38.5% while I.P.C. category crime stood at 302 in 2005 including 186 cases of cyber…

In the year 1968, a financial economist called Edward Altman, then an Assistant Professor of Finance at New York University published what is popularly known in the global finance community as the Z-Score formula for predicting corporate bankruptcy. With the published formula, it was possible to use historical accounting data to predict the failure of…

Credit tenant lease (CTL) financing is a very efficient capital solution for the acquisition and refinance of single tenant, real estate that is net leased (NNN, NN or bondable) to an investment grade tenant. Because CTL bankers don’t place restrictions on loan-to-value (100% LTV) CTL offers the highest loan balances in the commercial real estate…

The chicken has come home to roost. This is the common phrase heard from commentators following the recent bombshell from the Central Bank of Nigeria that led to the sacking of chief executive officers of five commercial banks. The banks were adjudged to be financially unhealthy. For a while, the Nigerian banking and finance industry…

Finance is the blood of a business. Any business needs adequate measure of finance to survive, run and grow. Business loans give financial assistance to organizations to develop and extend by financing gear, working capital needs or purchasing hardware to support the business. Different types: 1.Overdrafts As the name recommends, an overdraft implies overdrawing from…

This startling figure comes from a recent review of the financial advice offered from the big four banks by the Australian Securities and Investment Commission (ASIC). Even more startling: 10% of advice was found to leave investors in an even worse financial position. Through a “vertically integrated business model”, Commonwealth Bank, National Australia Bank, Westpac,…

The Central Bank of a country creates a framework for the economy. All the lenders and financing institutions follow the rules and guidelines set by the central bank. Every couple of years the central bank reviews the economy and analyses if their goals are being met or no. These goals are mostly related to keeping…

If you are living abroad, then it never means that you are staying away from your family. Keep in touch with your family from abroad to India as it becomes easier as well as faster by means of banking Services. There are a lot of Indians are living in overseas like United Stated, United Kingdom,…

In order for any bank to survive without relying on liquidity measures like state intervention to salvage it, it must make profit from several sources. Commercial banks make their money from diverse schemes like investment, credit interest rates and the use of their own banking fees and for cards that they charge their customers. By…

Financial institutions like banks, security companies and other lending institutions must have some type of system in place that can manage their staff, customers and sensitive paperwork. Financial Services Technology and Banking Software is a necessity for any financial institution if they wish to make their services run smoothly. Financial Services Technology / Banking Software…

Banking is an important aid to business. Finance which is the foundation of every business activity is provided by banks. Banks are thus regarded as indispensable spokes in the wheels of commerce. A bank may be defined as an institution which deals in money. Banks draw surplus money from the people who are not using…

The blockchain is radically transforming the industries, enhancing customer experience, and revolutionizing the trust across businesses. Bitcoin and other virtual currencies popularity are already proving blockchain’s usefulness in finance and banking industries, but this distributed ledger technology does not stop itself here. Let’s distill the top five industries Blockchain will make a foray in. Banking,…

There has been a rapid increase in the number of people who manage their money via online these days, which, certainly emphasise importance of banking apps. Gone are the days when we need to spend long hours while standing in the queues for cash withdrawal and deposits in banks. With apps becoming a necessity for…

With the increasing popularity of the internet, more and more industries are seeking ways to utilize this popular medium in an effort to keep up with the changing technological preferences of their customers. These days you can do just about anything online from grocery shopping to making a free phone call to a friend in…

Commercial banks are a particular type of bank and a financial institution. A commercial bank is different from an investment bank and the types of loans you might expect to get from are as follows: o Mortgage loans – The only difference from a mortgage from a normal bank is that the security lien on…

More and more businesses are expanding their business most especially in trading. Of course, when trading goods, owners have better opportunities in gaining better profits and improving their reputation. However, not all business owners have the finances to do so. Because of this, they usually opt for trade finance options. As of now, there are…

This article presents a case study of sustained entrepreneurial growth of Kingdom Financial Holdings. It is one of the entrepreneurial banks which survived the financial crisis that started in Zimbabwe in 2003. The bank was established in 1994 by four entrepreneurial young bankers. It has grown substantially over the years. The case examines the origins,…

In the market economy, the financial system gives money from the positive savers (i.e. depositors) to the negative savers (i.e. people with shortage of funds which need loans to buy property etc.). Furthermore, the financial systems facilitate non-cash payments. from individuals or legal entities. The financial system has by law a monopoly of services. Only…

HSBC, known as the world’s local bank, is a global leader in banking and financial services. According to Forbes magazine, it is the second-largest banking and financial services group and second-largest public company in terms of composite measures as of 2011. It has approximately 7,500 offices in 87 countries and territories in Europe, the Asia-Pacific…

Most people do go to college are not coming from a family that is independently wealthy and is paying their way. Most college students are paying for college by working a part-time job, through student loans and have taken out, or they’re riding on a scholarship that they have earned. One of the easiest ways…

Student loans are basically non-dischargeable, almost everyone knows this. There are some very specific circumstances where even today you can have your student loan debt discharged, but that is a narrow exception that often requires a fight and money to fight. We will discuss the current state of dischargeability in a future post. The landscape…

Did you parents ever give you the advice that in order to become wealthy they need to study hard, get good grades so they can get a good job? I know I have heard this advice on many occasions from my parents. But the fact is that getting good grades no longer ensures that you…

Managing personal finance or a business’s financial KPI’s can become quiet challenging at times. With various hedging instruments in the market and lucrative offers from bankers and other financial institutions, investors are often left confused. In order to maximize one’s wealth and insure an apt liquidity some of the best financial tips are as follows:…

Over the last 10 years, not only have more undergraduate and graduate students been taking out student loans to pay for school, but they’ve been borrowing exponentially more. While some authorities in higher education and financial aid attribute this trend to students becoming overborrowers – maxing out their federal college loans and adding on private…

So, our children want to fly away from the nest and further their academic life in college. But with escalating costs, can we afford it? Will they have to take part time jobs to stay afloat or can we supplement their financial needs with college loans? These are just some of the questions that concerned…

With the oldest Baby Boomers turning 60, millions of them are getting ready to retire. Unfortunately a high percentage of them is facing the realization that they have not been adequately educated to prepare financially for this stage of their life. Most of them don’t even know how much money they’ll need to retire. And…

Time has changed and over the years education is no more restricted to pen, paper, classrooms, blackboards etc. Today when time is deemed to be more crucial than money and people in even in remote corners of the world crave to acquire education and its benefits, online education has definitely come up as a desired…