BANKS

PLAN

• History of BANKS• Bank is a financial institution• International Banking• The BANKS of Tajikistan

History of Banks

• The oldest bank still in existence is Monte dei Paschi di Siena, headquartered in Siena, Italy , which has been operating continuously since 1472. It is followed by Berenberg Bank of Hamburg (1590) and Sveriges Riksbank of Sweden (1668). Banking in its modern sense evolved (развивать) in rich cities of Renaissance Italy , such as Florence, Venice and Genoa . One of the most famous Italian banks was the Medici Bank , set up by Giovanni di Bicci de' Medici in 1397. The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 at Genoa, Italy. Origin of the word The word bank was borrowed in Middle English from Middle French banque, from Old Italian banca, from Old High German banc, bank "bench, counter".

Bank is a financial institution

• A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets . A bank is the connection between customers that have capital deficits and customers with capital balances.

• Banking, it is servicing. it includes coin and currency and financial transactions, including checking accounts, credit cards, electronic banking, wire transfers, international payments, etc.

5

World’s 10 Largest Banks

Citigroup U.S.

Mizuho Bank/ Mizuho Corp Bank Japan

HSBC Holdings U.K.

Bank of America U.S.

JP Morgan Chase U.S.

Deutsche Bank Germany

Royal Bank of Scotland Group U.K.

Sumitomo Mitsui Banking Group Japan

HypoVereinsbank Germany

UFJ Bank Ltd. Japan

Types of international banking offices

• Correspondent (соответствующий) Bank• Foreign Branches• International Banking Facilities• International money market

Correspondent bank

• A correspondent banking relationship exists when two banks maintain(поддержка) deposits with each other.

Foreign Branches

• A foreign branch bank operates like a local bank, but is legally part of the parent.• Subject to both the banking regulations of home country and foreign country.• Can provide a much fuller range of services than a representative office.

International banking facilities

• An international banking facility is a separate set of accounts that are segregated(отделять) on the parents books.

International money market

• Eurocurrency is a time deposit in an international bank located in a country different than the country that issued the currency.

• For example, Eurodollars are U.S. dollar-denominated time deposits in banks located abroad.

• International Bank (Liberia), Limited is a full-service bank based in Liberia. The bank was created when the International Trust Company of Liberia created a commercial banking department in 1960. In 2000 the International Trust Company became the International Bank. It is headquartered in Monrovia.

The top 30 banks in the world based ranked according to Market Capitalization in 2012Rank

2012 BankMarket Capitalisation (Billion US$)

2012 2011 2010 2009 2008 2003

1Industrial & Commercial Bank of China (ICBC) 241.7 224.2 234.1 269.4 174.2 249.8

2 China Construction Bank 196.6 167.9 223.0 201.8 128.6 171.33 Wells Fargo & Co 161.4 150.9 181.0 199.7 118.0 119.64 HSBC Holdings 151.6 135.7 166.5 171.5 115.5 99.75 Agricultural Bank of China 142.4 131.1 163.4 154.4 98.5 86.36 JP Morgan Chase 141.7 123.0 140.6 138.4 98.3 80.07 Bank of China 129.5 121.7 138.1 137.0 75.3 74.68 Itau Unibanco 88.9 76.9 135.7 130.7 71.0 61.69 Citigroup 87.4 76.1 135.2 95.4 70.4 57.4

10 Commonwealth 83.3 75.6 98.3 94.6 45.4 57.311 Royal Bank Canada 77.3 71.3 89.3 90.4 44.4 55.912 Bank of America 72.5 71.2 81.3 76.8 43.9 55.713 Toronto-Dominion Bank 71.2 66.0 77.3 76.1 41.2 51.314 Banco Santander 68.0 64.7 77.2 69.1 41.2 49.515 Westpac 66.5 64.3 76.8 68.9 38.6 49.516 Mitsubishi UFJ Financial 65.0 62.5 75.7 68.1 36.9 47.217 Banco Bradesco 64.6 61.9 70.7 62.7 35.0 46.318 Sberbank of Russia 60.1 58.6 69.1 62.3 34.4 43.919 ANZ Banking 59.2 57.9 67.9 59.1 33.0 43.820 Bank of Nova Scotia 58.9 54.7 66.5 58.8 32.7 43.121 Standard Chartered 58.4 53.6 64.1 57.1 32.1 38.222 National Australia Bank 56.7 53.0 63.8 56.8 31.1 37.423 US Bancorp 55.6 52.2 62.8 55.6 30.7 36.324 BNP Paribas 54.9 51.6 60.6 54.5 30.1 34.725 Goldman Sachs Group 54.2 45.7 54.9 53.2 29.9 34.426 UBS 52.70 44.70 53.40 52.60 29.40 33.9027 Bank of Communications 48.80 42.70 52.40 52.60 28.30 33.6028 China Merchants Bank 45.90 41.00 52.30 52.50 28.30 33.5029 Sumitomo Mitsui Financial 44.30 40.50 52.20 52.40 27.50 31.1030 BBVA 43.70 39.80 51.10 51.90 27.50 30.00

The Banks of Tajikistan

• Private:1. Eskhata, etc.2. Arvand3. Access 4. Imon International5. Matin, etc.

• Governmental1. Tojiksodirotbonk2. Agroinvest3. National bank