Banking TNT

Cord blood banking refers to the storage, public or private, of umbilical cord blood, which may be used to treat certain diseases of the blood and immune system. Once a baby has been born, he or she no longer needs the blood that remains in the umbilical cord. Until recently, that blood was disposed of, but now that we know it can save lives, cord blood banking has become an acceptable practice in the medical community.

Cord blood is rich in hematopoietic stem cells, which means this blood can form white or red blood cells, platelets, and plasma. While this is similar to the make-up of bone marrow, because cord blood transplants don’t require a perfect match the way bone marrow transplants do, it can be used in transplants in much the same way bone marrow is; only with less chance of rejection. This means that more people can benefit from these transplants in a shorter time span instead of waiting years for a compatible donor.

Cord blood is collected immediately after the birth of the baby. If collected in-utero, it is collected after the baby is delivered but before the placenta has been delivered. Ex-utero cord blood collection refers to the collection of the umbilical cord blood after both the baby and the placenta has been delivered. There are no health risks associated with cord blood collection, either to the mother or the newborn.

Common methods of cord blood collection include inserting a syringe into the umbilical cord and drawing out the cord blood, or allowing the blood to drain into a sterile bag after the cord has been elevated. This procedure can be performed with either a vaginal delivery or Caesarean Section. However, it must be done immediately after the birth and processed within 24 48 hours.

This processing includes routine testing, including testing for HIV and Hepatitis B and C. The cord blood is then stored frozen, ready for use. While studies for expiration dates are still ongoing, the New York Blood Center’s National Cord Blood Program (NCBP) has used cord blood in transplants that has been stored up to 10 years with the same results as cord blood used in transplants right after processing. Thus, while we have passed the 10 year milestone, it may be some time before we know exactly how long frozen umbilical cord blood is viable for transplanting.

According to the NCBP, more than 70 different diseases have been treated with cord blood so far. These include different types of leukemia, Fanconi’s anemia, Hodgkin’s disease, sickle cell disease, lymphomas, and many others. Because cord blood is collected in advance, tested, and ready for use, it offers several advantages over a bone marrow transplant, in addition to the fact that cord blood recipients don’t have to be a perfect match the way bone marrow recipients do.

There are both public and private cord blood banks. Public cord blood banks store cord blood for the benefit of the general public while private cord blood banks store umbilical cord blood for the benefit of the donor or his or her family. With a public cord blood bank, once all the testing is completed, all traces of the donor are eliminated, so there is no chance for anyone to request or receive a particular donor’s cord blood.

Public cord blood banks are not-for-profit and donors pay no storage fees while private cord blood banks charge storage fees, as well as processing and collection fees. However, it is worth it to those who choose to go this route as they are assured of a perfect match should their baby need a transplant later on. It is certainly a viable option for those who have a baby with a transplantable condition or who may be at a high risk for such a condition.

Emerging Markets Direct released their latest Malaysia Banking Industry Report 1H11. Contributed by higher net interest and financing income and revenue related to financing activities, the pretax profit of Malaysia Banking Industry increased by 17.8% y-o-y to RM6.13 million in 3Q10. As of September 2010, total assets held by financial institutions in Malaysia amounted to RM1, 508.57 billion, a record growth of 10.12% y-o-y. Commercial banks represent the largest segment of all financial institutions in Malaysia (total asset at RM1, 192.84 million), with Maybank taking up 27.18% of the local market share and ranking first domestically.

About 55.61% of total loans in the Malaysian banking system is driven by the household sector (eg. Mortgage,hire purchase loans for passenger cards and personal loans), which was up 13.4% y-o-y as at September 2010. Education, health and other sectors saw a robust growth in total loans at a rate of 69.83% y-o-y. Overall, the total loans in the banking industry grew by 11.84% y-o-y to RM854.18 billion.

The banking system remains very stable with ample liquidity to meet demands for deposits withdrawals. In the third quarter of 2010, deposits saw a growth of 8.90% y-o-y, which was mainly derived from financial institutions, businesses and individuals. The loan-to-deposit ratio as well as the financing-to-deposit ratio were rather stable and remain at 81.3% and 87.8% respectively.
To sustain high level of stability, the banking system adheres to the rules and requirements specified under Bank Negara Malaysias mandate. All banking institutions in Malaysia are required to comply with the Risk-Weighted Capital Ratio requirement (8%) set by the central bank. As of 3Q10, the ratio remained strong at 14.75%, far more than the specified ratio.

Growth story continues in the Islamic banking segment, Islamic banking in Malaysia is the fastest growing sector in the global banking industry with an average annual growth rate of 20% over the past 5 years. Malaysia is the worlds largest market for sukuk or Islamic bond market, which takes up around 65% of the global market share. To date, Malaysia has 17 Islamic banks including Islamic units in HSBC holdings, OCBC and Standard Chartered PLC.

What is the development of Mobile Banking? How does the central bank and government offer assistance to the Small and Medium Enterprises (SME)? What are the mergers and consolidations activities set out in the Financial Sector Master Plan? What are the trends and outlook of the industry?

Profit now from our Malaysia Banking Industry report:
http://www.emergingmarketsdirect.com/products/Malaysia-Banking-Industry.html

Table of Content
1. Industry Profile
Sector Overview
Sector Size and Value
Total Assets
Total Loans and Deposits
1.2.3 Interest Rates
1.3 Sector Performance
1.3.1 Financial Institution Profit and Loss
1.3.2 Capital Adequacy Ratio (CAR)
1.3.3 Non-Performing Loan (NPL) Ratio
2. Market Trends and Outlook
2.1 Islamic Banking
2.2 Mobile Banking
2.3 Small and Medium Enterprises (SMEs)
2.4 Industry Consolidation
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 Malayan Banking Berhad (Maybank)
3.1.2 Public Bank Berhad (Public Bank)
3.1.3 CIMB Group Holdings Berhad (CIMB)
3.1.4 RHB Capital Berhad (RHB)
3.1.5 Hong Leong Bank Berhad (Hong Leong)
3.2 Comparative Matrix
3.3 SWOT Analysis
4. Tables & Charts
Table 1: Banking Institutions in Malaysia
Table 2: Breakdown of Total Loans by Sector (December 2006 September 2010)
Table 3: Breakdown of Total Loans by Purpose (December 2006- September2010)
Table 4: Interest Rates in Malaysia 2006 2008,1Q09 to 3Q10
Table 5: Top 25 Countries by Shariah-Compliant Assets
Table 6: Number of Establishments by Sector
Table 7: CIMB: Profit before Tax by Segment FY08, FY09
Table 8: CIMB: 2009 Target Achieved
Table 9: Financial Highlights of the Leading Players FYE09 or FYE10
Chart 1: Malaysias GDP and Growth Rate 2006-2010
Chart 2: Total Assets by Types of Financial Institutions as at September 2009 and 2010
Chart 3: Total Assets of Nine Domestic Banks in Malaysia as at September 2010
Chart 4: Total Loans and Growth Rate September 2007-September 2010
Chart 5: Loan Disbursements by Sector 2Q09,3Q09,4Q09,1Q10,2Q10,3Q10
Chart 6: Banking Systems Loan Applications and Growth Rate 1Q07 3Q10
Chart 7: Loan applications vs Loan Approvals 1Q06 3Q10
Chart 8: Banking Systems Total Deposits as of September 2010
Chart 9: Banking Systems Total Deposits 2005-Sept 2010
Chart 10: Total Deposits by Types of Financial Institutions 2009 and September 2010
Chart 11: Loan/Financing to Deposit Ratio April 2009 September 2010
Chart 12: Overnight Policy Rate March 2006- September 2010
Chart 13: Commercial Banks Lending Rates 2006 2008, 1Q09 to 3Q10
Chart 14: Banking Systems Capital Ratios March 2006-September2010
Chart 15: Banking Systems Net NPL Ratio March 2005 – September 2010
Chart 16: Mobile Users Worldwide by 2011
Chart 17: Maybank: Net Income by Business Activity FY2010
Chart 18: Public Bank Loan Loss Coverage 2005-2009
Chart 19: Public Bank Asset Growth 2005-2009
Chart 20: CIMB Groups Earnings History 2005-2009
Chart 21: RHB Bank: Loans, Advances and Financing 2005-2009
Chart 22: RHB Bank: Total Deposits 2005-2009
Chart 23: RHB Bank: Operating Revenue by Business Segment in 2009
Chart 24: Intrinsic Value of Hong Leong Bank FY2006-2010
Chart 25: Hong Leong Bank Total Loans and Deposits at Bank Level FY 2006-2010

In today’s world, the consumer is the key to the success of any business. This is applicable even in case of Banking. In a world of smart computing, customers can make or break the operations of a bank with just one delay in processing to their request. Hence, today banks regard customer service and satisfaction as the top priority item in their business goals.

What directly influences customer service is a banks internal operations. This includes the experience at the front office and the back office processes that enable quick delivery of solution to customer requests. AWPL’s banking solutions enable banks to imbibe efficiency into their front and back office operations through solutions that automate and increase efficiency of the core business lines such as account opening, loans etc. Futher, with banking software on cloud AWPL provides enterprises easy to use and cost-effective options to invest in technology. Some of the major benefits the banking software has brought to the industry include:de:

REDUCED PHYSICAL DOCUMENTATION

With the advent of technology, AWPL has harnessed the latest trends in document capture and management by providing banks software solutions to digitize the way in which customer documents are maintained.

FASTER TRANSACTION PROCESSING

Banks adopting process automation have always been ahead in the race of processing and delivering customer requests. This is purely because custom banking process automation software enables banks to capture, track and complete tasks faster than those that rely on manual processing.

HIGH PROCESS VISIBILITY

AWPL’s banking software both on cloud and in-premise provides dashboards and screen where one can control and monitor various elements in the processing chain that influence business goals. Tasks that come into the bank are automatically distributed between employees. Further, each employee will gain access to a different set of tools and configuration options to help him or her perform tasks in the most time-saving and effective way. Senior management that use the banking software will be able to monitor factors that influence businesses efficiency and this continuously improve the processes to keep it aligned with ever changing business goals.

Welcome to the Royal Cayman Bank’s online services website center. Royal Cayman Bank offers online banking services to residents of the Cayman Islands and to non-residents. You can start the process of opening a bank account or the application for a credit card online by visiting the Apply Online page.

Bank Accounts

Cayman Island BankRoyal Cayman Bank offers personal and business bank accounts. With our online account services you can conduct your bank account activities 24 hours a day 7 days a week. To see what bank account products and services are best for you please visit the Apply for a Bank Account Online page.

Credit Cards

Credit-Cards-Cayman-IslandsYou can now apply for credit cards online without having a bank account at the Royal Cayman Bank whether you are a resident or a non-resident of the Cayman Islands. For more information about our credit card products please visit the Apply for a Credit Card Online page.

Banking Cayman Islands Bank of Cayman Bank of Cayman Islands

There is always a demand for the banking job or investment-banking job. The reason is that investment banking is the most money making job. However, it takes time plus dedication to succeed. You must start with the entry-level job in banks.

Outline of the banking job positions:

Investment banking job is not the only banking position and there are various types in banking jobs. A bank teller occupies 67% of the banking positions. Understanding the job responsibility is the first step to succeed. Other job positions in the banks are:

Bank manager: The manager is the main person who operates the entire working of the bank. You as a manager must supervise the banks daily operations and must find out whether the employees are working as scheduled.

Financial advisors: As a financial advisor, you must recommend and give suggestions to the clients. This job is so important bearing great responsibility.

Accountants: If you have a good skill in accounts and if you are well qualified, you can go for this position. This job position is very important because the work performed by an accountant or by a group of accountants will be showed to the tax authorities, investors etc to fix the financial status of the bank.

Tips for success in banking job:

Banking career is one of the most anticipating fields. To succeed in this sector you must remember few factors as indicated below:

Keep exploring:
You must always be aware of the latest happenings in the business world. If you are aware of it then you will be able to increase revenue for your clients and bank. You are responsible to make sure that your customers are making a smart investment.

Fixing the fees:
As you are an investment banker, you must do some enquiry before deciding your fee. You must be sure that you get a good amount when compared with what you have invested in first place.

Networking in banks:
Like other fields, banking career also has become linked with networking. To recognize the related professionals, to attend the meetings or gatherings, anything is possible through networking.

Dedication towards your profession:
Without dedication, you cannot succeed in any fields. This is true particularly in banking jobs. You must devote all your time towards the bank service and to your clients. If you are working for investment banking, you possess additional responsibility because people enquire you about the means to spend their money.