Banking Domain
Banking - Industry Knowledge & Dynamics
Looking for knowledge and key business information on the banking industry?
TechnoFunc brings to you banking industry overview, business model, value chain, competitive landscape, and latest trends. Industry knowledge for IT & consulting professionals, consulting firms, industry investors, and all other interested folks in a condensed user-friendly format. Quickly enhance your business acumen in the banking domain and impress your stakeholders in your next meeting!
Key Services of the Financial System
In this article, we will consider the key services provided by the banks, insurance companies, mutual funds, stockbrokers, and the other financial services firms that make up the financial system. The firms in this sector, which make different financial assets and financial liabilities more or less attractive to individual investors and borrowers, offer different services.
Introduction to Banking: What is a Bank?
When you think of a bank, what image comes to mind? A bank is a financial intermediary for the safeguarding, transferring, exchanging, or lending of money. Banks distribute “money” - the medium of exchange. A bank is a business and banks sell their services to earn money, and they need to market and manage those services in a competitive field. Learn more about the fundamentals of banking.
Banking Industry Value Chain - Economic Benefits of Banking
Banks and other institutions play this critical role by performing services essential to the functioning of an economy. Safeguarding, transferring, lending, and exchanging money in various forms, along with evaluating the credit-worthiness of customers, are the main functions that banks perform. Learn more about the role that banks play in shaping economies, their importance in the modern, global economy, and why they are important for nations as a whole.
Banking Industry Value Chain: How Banks Earn Profit?
Banks are commercial institutions and like any other for-profit commercial venture, aim to increase their profits by expanding the business. Unlike other stores and shops, banks are selling services rather than products. Banking is a unique business model, and banks have various sources of income like interest spread, commissions, fees, and other revenues. Learn how banks get their funds and how they make money on services. In this article, we look more closely at how banks do business and how they earn profits and explore the value chain of the banking industry.
Banking Industry Value Chain: Decoding Bank's Balance sheet
Banking is a unique business and banks are a very important institution to the efficient functioning of the financial system. What are the various components of the banks balance sheet? What are the different assets and liabilities in their balance sheet? Deposits are assets for anyone investing it, but how deposits accepted by a bank are represented in Bank's balance sheet? Explore answers to these questions and understand the significance of items that are generally part of the balance sheet of a commercial bank. Understand the business model of commercial banking from an accountant’s perspective.
