LAET UGC

WELCOME TO MY HOMEWORKS ENGLISH

lunes, 27 de junio de 2011

7. BANK ORGANIZATION

Bank Organization



The structure in a bank


By:
Jocelyn Del Valle
Dalia Ortiz
Yahaira Alcala
Reynaldo Perez


In this section you will find some information about how is conforom a bank:





Definition: An organization, usually a corporation ,chartered by a state or federal goverment.


Functions:Receives demand deposits and time deposits,honors instruments drawn on them, and pays interest on them;discount notes, makes loans, and invests in securities;collects cheks,drafts, and notes;certifies depositor's checks; and issuesdrafts and cashier's checks.



Size of bank:


The Benefits:




The basic organization :


Principal deparmets in a bank:

1. Banking Division:


2. Administration division:


3.Dealing division:


4. Corporate finance division:


5. Investment management division: 


All this areas are in charge of one CEO in every deparment  they are the people that supervise all the development and the differents works of every worker.



Finally here is an chart structure of one of the most important banks in Mexico and the world:



¡ Thats all !


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