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BNK601 Assignment 1 Solution and Discussion
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Total Marks 5
Starting Date Friday, November 15, 2019
Closing Date Thursday, November 21, 2019
Status Open
Question Title Banking Products & Services
Question DescriptionDiscussion Question:
Suppose you are serving as customer services officer (CSO) in ABC bank limited. Mr.Aslam falls in the new to the bank category, and does not know about the banking products and services provided by ABC bank Limited. How you will explain him about the following products and services?
Term and demand liabilities offered by your bank and how they are different from each other? Discuss different financing facilities offered by the bank, how they are different from each other in terms of type and type of collateral or security for that loan. Locker Facility offered by your bank .You are also required to discuss the banker customer relationship in each above case as per Banking Laws.
You are encouraged to visit nearby bank branch, and furnish your answer after consulting with practicing bankers instead of giving copied/irrelevant/obnoxious details.
IMPORTANT INSTRUCTIONS
Keep your discussion relevant as irrelevant answers will not be graded. Answers copied from blogs, other students, websites etc. will be straight away marked as zero. No grace day or extra time will be given for posting comments on GDB.Best of Luck!