BANK MANAGEMENT ASSIGNMENT

GHEA WOWOR
120613123
10 Definition of Bank:
1. According to The Banking Companies Act of India, A bank is a financial institution which
accepts money from the public for the purpose of lending or investment repayable on demand or
otherwise with drawable by cheques, drafts, or other or otherwise. (Commercial Banking,
page1)
http://www.newagepublishers.c om/samplechapter/001636.pdf
2. According to Walter Leaf, A bank is a person or corporation which holds itself out to receive
from the public, deposits payable on demand by cheque. (Commercial Banking, page 1)
http://www.newagepublishers.c om/samplechapter/001636.pdf
3. Place of supply of capital, of those who cannot use profitably to those who can make it more
productively for the benefit of the community. DR.B.N.Ajuha
http://www.pengertianpakar.com/2014/09/pengertian-bank-menurut-para-pakar.html#
4. According to Pearson argues Definition bank is a business entity that accepts credit but do not
give credit. In this case according to Pearson Bank in operation only passive, only receiving the
deposit money.
http://www.pengertianpakar.com/2014/09/pengertian-bank-menurut-para-pakar.html#
5. Understanding Bank according to Prof. G.M. Verryn Stuart is an entity which is realized as
satisfying the needs of others, by providing credit in the form of money it receives from other,
even by way of adding new money (paper or metal).
http://www.pengertianpakar.com/2014/09/pengertian-bank-menurut-para-pakar.html#
6. A financial institution licensed as a receiver of deposits. There are two types of bank:
commercial/retail banks and investment banks. In most countries, banks are regulated by the
national government or central bank.
http://www.investopedia.com/terms/b/bank.asp
7. According to Article 4 of EC Directive 2006/48, a credit institution that A bank is an
undertaking whose business is to receive deposits or other repayable funds from the public and to
grant credits for its own account.
http://jonesday.com
8. According to DRS. T. GILARSO, SJ, Bank is financial institution whose main business is to raise
funds, provide credit and other services in payment traffic and circulation of money.
http://belajarperbankangratis.blogspot.com/2012/04/pengertian-bank-menurut-beberapa-ahli.html
9. According to A. Abdurahman, bank is a financial institution that is carrying out a wide ranbge of
services, such as providing loans, circulating currency, supervision of currency, acts as a storage
valuable objects, to finance the efforts of the company.
http://elib.unikom.ac.id/files/disk1/321/
10. According to Horace White, Bank is a manufacture of credit and a machine for facilitating
exchange. (Commercial Banking, page 1)
http://www.newagepublishers.c om/samplechapter/001636.pdf