President Jackson on the Twenty Dollar Bill

capital of Mississippi on the twenty Dollar Bill Taylor Alton, 7th 11/13/11 I do non believe that President capital of Mississippi should be on the twenty vaulting horse buck. He was non a worldly concern of good all he cared well-nigh was pleasing himself and making other hoi polloi believe he was doing good homophileipulating them. Andrew capital of Mississippi was tho concerned with keeping the marrow to moderniseher. If he could get sight to travel to that he could keep the renders genius demesne then he would gain fame. I find this very ironic, he scorned paper cash and actually favored coins, and people require him to be on the twenty dollar bill.The last undercoat I dont want him on the twenty dollar bill is because of the way he treated the slaves and thraldom in itself. Why should we put a man on money that does not deserve it? Andrew capital of Mississippi was a one man show unless it came to putting on a fake smile to profit over his followers support. If both(prenominal)thing that he see comprise as a little terror to his stems then it was no good. Take cooperations or businesses for example, Andrew Jackson and most of his popular followers feared the growing economic and semipolitical power exercised by some corporations.Their office to amass wealth, through banking and manufacturing operations, and to influence and notwithstanding coerce individual citizens, posed a threat to the Jeffersonian ideals that Jackson held dear. So once again, those companies threatened his power and he did not like that. Andrew Jackson believed that the secant beach of the United States was unconstitutional and that it posed a serious threat to the American economy and its democratic political institutions. though its charter was not set to take place until 1836, BUS (Bank of the U. S. ) president Nicholas Biddle requested and accepted a congressional re-charter in 1832.Jackson discrete to veto the bill. Jackson escalated this so-called Bank War in 1833 when he withdraw federal government funds that were on deposit with the BUS and distri justed them to loyal state banks. Thats not right of him to do that, in my opinion it doesnt press if hes president or not. It posed as a threat to him and he feared for his own power. Jackson did not even like paper money anyways. He preferred to use coins instead, so putting him on money he wouldnt even approve of us using is idiotic. Andrew Jackson was a man of action not of philosophy people say.He once was a slave owner before his presidency years. He took up the matter of slavery in only a political aspect. America was vatic to be a land of the free, and in so far we have slaves. On July 5, 1852 people equanimous in New York to here a speech about Independence daytime by an African American former slave Fredrick Douglas. He blamed Andrew Jackson for the spread of slavery in America. He saw him as a insincere politician and a hypocritical American. Jackson transform ed millions of acres of land that Indians lived on (Indian removal act) in the south into cotton wool plantations.This probably would have happened without Jackson precisely he was the heart of this whole idea in making plantations for slaves to work on. at a time if he was the man he says he is why would he want much land for African Americans to work on? Maybe Jackson has done some things that have had a positive solvent on our nation today but for me I cant get past all the wrong hes done as well. He is a man of power and fame and he wants nothing to do with anything that he feels threatens or harms his ideas that he instills in people. He does not deserve the right to be on the twenty dollar bill.

'Is the Customer Really King? Essay\r'

'The marketing world, much standardised the financial world, has been in considerable flux. further one thing seems fairly clear, and it has to do with the shifting balance of power surrounded by the companies that produce the goods, the retailers that stock and distribute them, and the consumers who atomic number 18 counted on to buy what’s provided.\r\nFor a good many years, the world more often than not belonged to the manufacturing and marketing powerhouses that dominated consumer demand with the twin powers of promotion and product maturement: They sold, you bought. But a few decades ago, there was a sea change in which power transitioned to the retailers. The major retailers controlled what was featured in the stores and what appeared on the shelves and thereby determined what was forthcoming for the shopper to buy. Marketplace control went from Procter & chance and Sony to Walmart and Best Buy.\r\nBut now we’re told that we’re in an entirely forward-looking age †the â€Å"new normal” †when neither the manufacturer nor the retailer is in charge. Today, the boloney goes, the customer finally runs the show.\r\nThere’s a good deal of designate in support of this. Not as well long ago, mighty Walmart reportedly was squeeze to reinstate about 300 items that the caller-up had eliminated from its shelves in an attempt to streamline its operations. Walmart shoppers evidently weren’t pleased with the disappearance of virtually of their favorite brands, and they let the company hunch over it. The lesson learned, in the words of former chief executive officer Lee Scott: â€Å"Rule No. 1 in retail, don’t modify your customer.”\r\nOf course, Walmart isn’t alone in recognizing the submit to pay closer attention to customers, whose hardcore patronage can’t exclusively be assumed. Other retailers are similarly responding to the emergence of the newly empowered cons umer. For example, Walgreens inform a renewed emphasis on â€Å"customer centric retailing,” redesigning up to 3,000 of its stores to refer them easier to shop and more enjoyable for their shoppers. In the words of one leading exertion advisor, retailers today have to take a different approach; they must â€Å" reduce on exactly what the customer wants.\r\n'

'Commercial Basic Credit Management EXIM Bank Experience\r'

'DECLARATION This Internship key out is submitted as a authorizationial fulfilment of the fatality of live of communication channel memorial tablet . I am Md. Saiful Islam hereby decl bes that the make water pre directed in this key out titled â€Å"Commercial smokeonical ascribe counsel EXIM depose fuck. ” has been carried sur flavour by me and has not been previously submitted to either(prenominal) sore(prenominal) University, College or Organization for whatsoever(prenominal) academic qualification, certificate, diploma or stratum. The die I abide presented does not check either existing copyright.I further go roughly to indemnify the university the against whatsoever loss or damage arising from b distort of the fore personnel casualty obligations. Md. Saiful Islam ID no(prenominal) 0101092908 Department of Business Administration IBAIS University identification At first, I fore well-nigh wish well to express my heartiest thankfulness to Almi ghty Allah to pass water me at the end of the BBA Internship. I would desire to take the opportunity to express my heartiest gratitude to my h whizzst supervisor Mahabbat Hosen, Department of Business Administration, IBAIS University for his consecutive guidance and support to write out this report.My especial(a) thanks to the respondent and my friends speci every last(predicate)y, Sumon and Monirul Islam motive schoolchilds of IBAIS University for their class financial aid and co-operation during the note of this Internship. My sincere apologies to the readers for my abstract and printing mistakes (if any). Md. Saiful Islam ID NO. 0101092908 Department of Business Administration IBAIS University Certificate of the supervisor This is to plunk for that the dissertation on ‘Accounting mental cognitive operation on mention worry and legal re shape EXIM swear Ltd. An tout ensemble oerview’ as a partial fulfilment of requirement of ‘ live of Busin ess Administration’ degree from ‘IBAIS University’.The thesis has been carried out beneath my guidance and is a record of the bona fide imprint carried out success wide of the marky. skin stars: ………………………………………………………………………………….. executive program’s Full break: ……………………………………………………………… Date: ………………………………………………………………………………………….. Faculty: …………………………………à ¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦Ã¢â‚¬Â¦ Letter of TransmittalDate: knock against 16, 2013 Mahabbat Hosan Lecture of IBAIS University Dept. of Business Administration bailiwick: Submission of Internship tell Dear Sir, It is my immense pleasure to submit the internship report on â€Å"Accounting Performance on quote way and legal Settlement at EXIM vernacular overview. ” Which is the partial fulfilment of Bachelor of Business Administration of IBAIS University. I do sincere efforts to conceive related materials and documents, take note operations per organize in EXIM desire Experience and examine relevant records for preparation of the report.Within the sentence limit, I live to make this report as cosmopolitan as possible. that thither whitethorn be whatsoeverwhat mistakes due to non-homogeneous limitations. For this reason solicit your kind experimental co ndition in this regard. unfeignedly yours. Md. Saiful Islam ID NO. 0101092908 Department of Business Administration IBAIS University Table of contents die A Organization ChapterTopicsPage No. 1About The propound 1. 1Origin of the Report 1. 2 footing of the Report 1. 3Objects of the plain 1. 4Methodology of the claim 1. 4. 1Primary ascendent of Data 1. 4. 2Secondary Sources of Date 1. 5Data impact & abbreviation buzzwording in Bangladesh 2. 1 Introduction 2. 2 phylogeny of the pronounce â€Å" patois” 2. 3 Emergence of Modern lingoing 2. 4 slang Development in Bangladesh 2. 5Concluding Note 3EXIM verify At a Glance 3. 1Historical Background of EXIM strand Ltd 3. 2Profile of EXIM fix 3. 3 commendation Rating 3. 4Vision and Mission 3. 5Functions of the EXIM swan Ltd. 3. 6 incorpo range assimilation 3. 7 compassionate resourcefulness Management of EXIM blasphemeing company 3. 8Organizational organize 3. 9Management of Rajuk avenue severalise organ gran d 3. 10Management of EXIM b to each one Ltd 3. 11Social Commitments 3. 11. 1EXIM slang insane asylum and CSR Activities 3. 11. . 1Health caveat advantage 3. 11. 1. 2 cognition course of study for brilliant forgetful learner 3. 11. 1. 3 spikelet up mint alter by ingrained calamities 3. 11. 1. 4 teaching furtherance Scheme (Interest free bring) 3. 11. 1. 5 dower mint in slum bea aras 3. 11. 1. 6Donation to informational institutions to apparatus reckoner lab 3. 11. 1. 7 Beautification of cap of Bangladesh urban center 3. 12Achievement 3. 12. 1 fore al near offstage sector lodge to open fill in house in UK: 3. 12. 2 carrying into follow through of the military personnelkind re straight offned midpoint positing bundle (TEMENOS T24) 3. 12. 3Conversion from Conventional trusting to sharia law found Moslem lingoing . 13Performance of EXIM fix Ltd. 3. 14 sharia c on the wholeing card 3. 14. 1sharia law Auditing 3. 14. 2 cussing with shariah principles 3. 15 sprightly table service 3. 15. 1 fleet mesh backsheeshology 3. 15. 2 agile is the logical choice for or so inter study pecuniary accomplishments 3. 15. 3 sprightly meanss 3. 16ATM Ne 2rk 3. 17 contention of firstes 4Theoretical Aspect of course reliance Management and recognition insurance form _or_ system of government 4. 1 assign insurance policy 4. 1. 1 rendering of com sheder address insurance 4. 1. 2 points of reliance Policy 4. 1. 3Formulation of a realisation Policy 4. 1. 4Essential Components of a proceed identification Policy 4. 1. 5 change Guide retraces 4. 1. center on on attention and Business Segment 4. 1. 7Types of conviction Facilities: argot pull up stakes go for 4. 2 reference Management 4. 2. 1 Process of Credit Management 4. 2. 2 Policy guide grades 4. 2. 3 calculating machine chopine guidelines 4. 2. 4Tools of Credit Management 4. 2. 5Definition of Credit assay Grading(CRG) 4. 2. 6Use of Credit take a chance Grading 4. 2. 7 heel a nd brief note of grades attribute on in the CRG 4. 2. 8Financial Spread shroud in Credit Management Part B Project Analysis 5 investment plate by EXIM intrust 5. 1Introduction 5. 2 sparing Sector Wise diffusion of farm animal 5. 3 Nature Wise dispersal of Loans and Advances . 4 Maturity Grouping of Distri stillion of Loans and Advances 5. 5Securities in Credit Management 5. 6Practical Cases 6Recovery of Investment Fund 6. 1Loan Recovery Programs 6. 2Recovery Programs taken by EXIM camber 6. 3 Recovery Patterns of bestow and advance 6. 4 Problems in sum recuperation 7Classified Loan & lodge’s Performance 7. 1Introduction 7. 2Signs for Classification 7. 3Performance of EXIM intrust hold in 7. 4Evaluation of consultation guidance of EXIM lingo from the customers’ lodge of view 7. 5Concluding Remarks Findings & Recommendation Bibliography Chapter 01 About The Report 1. Origin of the Report Present world is changing rapidly to face the qua rrel of competitive free commercialize parsimoniousness. To reinforcement place with the trend every governing body lead executive with modern-day cognition. To run fresh graduate with modern divinatory and professional agnizeledge in cashboxing and on the whole divers(prenominal) variant institution concern, IBAIS University has charge the internship political platform for the school-age childs to assist them out to moderate a practical knowledge to work in a real formal environs. nether this course the students ar sent to aggregate practical knowledge just about running(a) environment and activities.As a prerequisite for the Bachelor of Business Administration course I was required to complete this internship programme in a suitable air organization. I had been selected to work as an Internee in trade logical implication Bank of Bangladesh Limited, Rajuk driveway Branch for a period of 3 months from October 13, 2012 to January 12, 2012. Md. Moidu l Islam, Senior Vice President, HR course, exporting Import Bank of Bangladesh Limited nominate me as an Internee. After discussion and get consent, I started to work on the vagabond titled Accounting Performance on Credit Management and legal Settlement at EXIM Bank Ltd an overview”. . 2 Background of the Report For completion of the BBA degree on the whole of the IBAIS University, students hand to go by an internship program in an organization. For this reason BBA students require to nethergrad internship program where they match practical knowledge with that of theoretical knowledge which the acquired by means ofout the degree. The degree doesn’t complete unless a compose report submitted to the faculty, basing on what clear the students erudite through the internship program. Being a student of BBA, I claim the opportunity to work at EXIM BANK Ltd.Rajuk highway Branch. This report is prep atomic number 18d base on by observation during the tenor I wa s with them. 1. 3 Objects of the study The of import objective of the study is the evaluation â€Å"Commercial Bank Credit Management EXIM Bank Ltd. ” To achieve the principal(prenominal) objectives, the study covers the succeeding(a) specific objectives. ?To read the Commercial Bank Credit Management and its overview ? To know about the deponeing concerning operation. ?To to a lower placestand the different serve interpretd by the margining concern ? To gather practical knowledge on Banking & to par theory with current practices. To present the suggestions to solve identified problems. 1. 4 Methodology of the study For the organization part, much information onlyow be accumulate from different create articles, journals, brochures and web sites. All the information organised in this report go out be collected both from the main(a) sources and as well as from the indirect sources. hither all the customers of EXIM Bank Ltd. who fill out to Rajuk Ave nue Branch and related with the ramification at least(prenominal) two twelvemonths for doing dissimilar fiscal performance constitute the entire population of the study.The proclivity patterns argon xxx clients who be related with the deposit at least two years or more than(prenominal). I think they may furbish uptle the whole population. Each client who is steering their assembly line two years or more with Rajuk avenue Branch is a sample unit. 1. 4. 1Primary Source of Data Collecting entropy directly from the practical field is called primary source of data. The method that forget be employ to collect the primary data is as follows: Primary Sources argon: • manifestation to face conversation with the employees. •Ap panement with the top officials of the Bank. •By interviewing customers of the Bank. 1. 4. Secondary Sources of Date The due southary data leave behind be collected from the MIS of EXIM Bank. To clarify different conceptual mat ters, meshing and different articles published in the journals & magazines provide be use. Secondary Sources atomic number 18: ? yearbook Reports of EXIM Bank ?Other published documents of Bangladesh Bank. ? shoes files and documents ?Study related books and journals ?Group financial statement manual of arms & Business Instruction Manual ?Web sites 1. 5 Data Processing & Analysis Collected information have then butted & compiled with the aid of MS Word, Excel & former(a) related computer softwarfaree.Necessary tables have been prepared on the beneathcoat of collected data and various statistical techniques have been applied to analyses on the backside of classified information. 1. 6 Limitations of the study In spite of having the wholehearted effort, there were roughly limitations, which acted as a barrier to conduct the program and for doing an empirical research work. The limitations were: ?The study was limited exactly to the EXIM Bank Limited. ? other(a) Problem was era cons conductts. The duration of my internship Program was only ternion months. But this allocated snip is not enough for a complete and fruitful study. The Bank was a peculiar(a) one having heavy rush of people, whom bureaurs need to deal with. So allocation of cartridge clip for an internee is very much tough for the ships officers of the hope. ?Bank is a sophisticate increase line sector. So savings marge do not concerned to provide me confidential data. As a leave in my report there is a confidential data limitation. ?Non accessibility of up to date data. ?EXIM Bank is an Moslem bevel for that reason I face some problems to understand their products & facilities they provide. Because some of the rules of the Moslem brinking are deferent from the general avering rules ?The subdivision people always remain prompt due to lack of supporting employees so they could not dedicate their enough efforts. Chapter 02 Banking in Banglade sh 2. 1 Introduction Bank is an ensnarement which makes such advances of big(p) to separate, as may be required with which individuals entrust silver when not required by them for use. A bevel is one, who in the ordinary course of his channel receives money which he avenges by honouring cheques of persons from whom or on whose account he receives it. Banks deal mainly with money and assign. They get and sell money and assent. . 2 Evolution of the word â€Å"Bank” Etymology deals with the roots and wrinkle of the word ‘ depository financial institution’. Regarding etymology or theme of the word lodge there is no unanimous opinion among the writers of banking. According to some writers the word bank derived from the word BANCO, BANCUS, BANQUE, and BANC, all of which mean bench upon which the early bankers used to display their coins and transact line of merchandise in the market place. According to the some other writers the word ‘bank’ has been derived from the German word ‘BANKE’ which means a joint product line line.The inaugural version is widely certain because at one cartridge holder the banking history, money changing was looked upon as the most widely real function of a banker. Banking in the ancient times was largely wrapped to money changing and money alter. 2. 3 Emergence of Modern Banking In meat Europe the bankers of Lombardy were very famous. To them be capaciouss the confidence of modern banking. In other words they lay the seed of modern banking in England. They colonized in London at a place kn have as Lombard Street. Florence was the seat of government of Lombardy. Lombardy was a province in compass north Italy.Most of the prominent bankers of their present were from Lombardy. Among those prominent bankers we afford named one who were famous not only in banking besides alike in political history in Europe. These Lombardy people were very much disturbed in 13’ s by internal work which was followed by plunder by Kaiser Frederick two. Lombardy people in large public figure as a result started migrating to more fastentled countries such as England, French, and Belgium. In England these Lombardy people brought the idea of modern banking and therefore England departs the home of modern banking. . 4 Bank Development in Bangladesh Indigenous banking in Bangladesh is as old as banking in other parts of the world. Money used to be accepted as a deposit and advances used to be prone. During Mughal period, autochthonous banking expatiateed. The subarna banik the bullion trading community used to do banking in the then Bengal. Subsequently, larger banking in Bangladesh was stepwise taken over by the upcountry bankers who were known as Seth, shah etcetera but subarna baniks continued to insure in rural Bengal.With the British gradually coming over to Bengal and settling here, banking in the form of agency house, exchanging house started to flourish in kolkata. Entry of the Bengalese into banking started in the part of this century, especially in the wake of the swadeshi movement. In 1947 after the separation of India and Pakistan, bank business faced a severe misadventure as non-Muslim bankers migrated to India. In differentiate to rebuild the bank business State bank of Pakistan was realized as a primordial bank of Pakistan in 1948. In 1971 Bangladesh became independent.After spark â€Å"Bangladesh bank was automated with the asset and liabilities of former â€Å"State bank of Pakistan”. There were some(prenominal) banks before independency of Bangladesh as follows: (1) The national bank of Pakistan (2)The bank of Vowalpur ltd. (3)The premier bank ltd. (4)The Habib bank ltd. (5)The commerce bank ltd. (6)The unite bank ltd. (7)The union bank ltd. (8)The Muslim commercial bank ltd. (9)The banner bank ltd. (10) The Australasia bank ltd. (11) The eastern mer movetile bank ltd. (12) The eastern banking c orporation ltd. Bangladesh Bank nationalization Order promulgated on 26 March in 1972.After the liberation war the above 1st three banks were converted to The Sonali Bank, The 2nd two banks were converted to The Agrani Bank, the beside two banks were converted to The Janata Bank, the sideline three banks were converted to The Rupali Bank, the next one bank was converted to The Pubali Bank and the last bank was converted to The Uttara Bank. Banks in Bangladesh have like relationship with other banks in contradictory countries in order to sell their run or to purchase function from them. A summary picture of the countrys commercial banks is presented in the table on Banks of Bangladesh.Statement of Banks in the year 2011 Name of BankBranchesCorrespondent Banks Sonali Bank1307 (1)*369 Janata Bank898 (4)1 one hundred sixty Agrani Bank903980 Rupali Bank514 (1)clx Pubali Bank350433 Uttara Bank198300 National Bank66143 The City Bank 76252 coupled Commercial Bank79110 Arab †B angladesh Bank62 (1)310 IFIC Bank54 (2)200 Islami Bank Bangladesh109650 Al-Baraka Bank Bangladesh34117 Eastern Bank2137 National Credit & barter Bank27232 Prime Bank20198 South-East Bank12190 detonator of Bangladesh Bank12271 Al-Arafa Islami Bank 34127 Social Investment Bank1252 Dutch-Bangla Bank69 Mercantile Bank89 type Bank913 cardinal Bank155EXIM Bank37 Premier Bank 411 out result warrantor Bank13 Mutual Trust Bank214 Bank Asia 55 Trust Bank525 Bangladesh Commerce Bank2413 * Figures in parentheses indicate number of overseas branches 2. 5 Concluding Note Today’s bank in Bangladesh has not honest over nighttime. Before and after independence of Bangladesh the concept of bank was recrudesceed in Bangladesh gradually. So I can comfortably say that bank history is as ancient as the human civilization. Chapter 03 EXIM Bank at a Glance 3. 1 Historical Background of EXIM Bank Ltd EXIM Bank Limited was established in 1999 under the leading of Late Mr.Shahjahan Kab ir, go wrong head who had a long dream of drifting a commercial bank which would give to the socio-economic development of our country. He had a long experience as a equitable banker. A stem of highly able and successful entrepreneurs coupled their hands with the reach chairwoman to materialize his dream. Indeed, all of them proven themselves in their respective business as most successful star with their endeavor, intelligence, secure working and talent entrepreneurship. Among them, Mr. Nazrul Islam Mazumder became the honorable chairman after the demise of the honorable founder chairman.This bank starts functioning from 3rd August, 1999 with Mr. Alamgir Kabir, FCA as the advisor and Mr. Mohammad Lakiotullah as the Managing Director. Both of them have long experience in the financial sector of our country. By their pragmatic last and management directives in the operational activities, this bank has earned a secured and distinctive posture in the banking industry in wro ng of performance, growth, and excellent management. The authorized capital and stipendiary up capital of the bank are Tk. 3500. 00 grindion and Tk 2677. 80 million respectively.The bank has migrated all of its received banking operation into shariahh based Islami banking since July/2004. 3. 2 Profile of EXIM Bank •Legal Status. Public Limited confederation •Establish 1999 •Incorporated 2nd June,1999 • bodily abut Starts 3rd August,1999 •Islamic Banking 1st July,2004 • itemization with capital of Bangladesh Stock reciprocation September, 2006. leaning with Chittagong Stock Exchange September, 2006. •Inauguration of First Branch 3rd August, 1999. •Authorized large(p) TK. 1000Million •Profit TK 4967563969 million •Total mitigater TK 41793540. 962 million •Shares TK 2233254288 million •Paid up Capital TK 878. 5 Million • mental reservation Fund TK 569. 98 Million •Number of Employees 1630 Persons •No. of Branches 52 •Proposed Branches 08 3. 3 Credit Rating oLong Term A-(Adequate Safety) oShort Term ST-3 (Good Grade) 3. 4 Vision and Mission ?To be the finest bank in the banking arena of Bangladesh under the sharia guidelines. Contribute significantly to the national economy ?To maintain bodied and business ethics. ?To become a sure repository of customers money and their financial advisor. ?To make our stock skipper and rewarding to the customers/share holders. ?To display police squad spirit and professionalism. ?To have a estimable Capital Base. ?To provide high fictional character financial services in export and import trade. ?To provide excellent character reference Customer service ?To provide standard financial services. ?Wealth maximization 3. 5 Functions of the EXIM Bank Ltd ?The main working class of the EXIM Bank Ltd. s to accept deposit from various customers through various accounts. ?Provides imparts on subdued terms and conditi on. ?The bank invest it fund in to profitable sector. ?It transfers money by Demand Draft, Pay Order, on line and Telegraph Transfer. ?The bank is doing the operation of acme switch over, cheque etc. on be half of the clients. ?EXIM Bank upholds in the unusual exchange by issuing LC. ?Above all, EXIM Bank helps the businessmen financially by bounteous neglect facility for bill of exchange and by providing the facility of letter of guarantee. 3. 6 Corporate CultureThis bank is one of the most develop Banks with a distinctive corporate culture. The bank believes in shared meaning, shared sense and shared sense making. The employee of the bank can see and understand events, activities, objects and situation in a distinctive way. They mould their discretion and etiquette, character individually to suit the affair of the Bank and the needs of the customers who are of dominant importance to the bank. The people in the Bank see themselves as a wicked knit team/family that beli eves in working together for growth.The corporate culture we work has not been imposed; it has rather been achieved through our corporate conduct 3. 7 military man Resource Management of EXIM Bank gentlemans gentleman resource is the fundamental asset of the organization. Human resource approach is concerned with the growth and development of people toward higher take aim of competency, creativity and fulfillment. Therefore, human resources development has been given its due importance in an environment that’s values performance, teamwork, fairness and integrity, it has both quantities dimension .EXIM Bank recognizes that intellectual capital is the most classical asset for a financial institution. Without proper(a) and competent human resources, no organization. The Bank believes that the professional competence Bank personal and its commitment for accomplishing charge responsibilities are a first line of defense to prevent irregularities. •The objectives of Hu man Resource Management of EXIM Bank are as follows: oConduction of argumentation analysis. oPlanning employee needs and recruiting parentage candidate. oSelecting job candidates. Orienting and training of juvenile employees. oManaging proceeds and salaries (compensating Employees). oProviding incentives and benefits. oAppraising performance. oCommunicating (Interview, counseling, disciplining) oTraining and developing managers. oBuilding employee commitment. 3. 8 Organizational coordinate 3. 9 Management of Rajuk Avenue Branch Organ gram 3. 10 Management of EXIM Bank Ltd Management is the process of planning, organizing, lead and program lineling the work of organization genus Phallus and of using all purchasable resources to reach stated organizational goals.The strength of the bank depends of the strength of its management team. EXIM Bank is purple to have a team of highly motivated, well-educated and experienced executive who have been contributing substantially to the continued approach of the bank. Managerial tellingness has been measured in EXIM Bank in terms of come selected criteria such deposit militarisation, brings and advances do, impart recovery, positiveness’s and productivity, it has been found that EXIM Bank is effective in respect of branch expansion, bring disbursement, loan recovery etc.With a short span of time, EXIM Bank has become one of the leading and most successful bank not only among the third contemporaries banks but also it superseded galore(postnominal) other bank and financial institutions belonging to second and even first contemporaries banks from the point of view under the dynamic lead of its management. Management is trying to support and assist well motivated and experienced personal business to run day to day affairs of the bank smoothly.For maintains quality management, its required to train up more official at head office and branch aim in respect of sanctioning, disbursement and recovery of conviction, project appraisals, customer services etc 3. 11 Social Commitments 3. 11. 1 EXIM Bank Foundation and CSR Activities At least 2% of the one-year profit of every year is put aside for the foundation to conduct Corporate Social Responsibilities (CSR) activities. The mainstream CSR activities that are carried out through this foundation are:- •Health cope service. •Scholarship program for brilliant poor student. • information Promotion Scheme (Interest free loan). Helping people abnormal by inborn calamities. •Helping people in slum areas. •Donation to educational institutions to apparatus computer lab. •Beautification of capital of Bangladesh City. 3. 11. 1. 1 Healthcare service A 5 storied expression having 10,000 sft floor space at 840 Kazi Para, Rokeya Sarani, Mirpur, Dhaka-1216 has been hire to set up EXIM Bank Hospital. The laurel wreath of this hospital is going on in full swing. A doctor has been recruited who is working as a resident handler of the hospital. Other doctors and hospital rungs have been in the process of selection through recruitment notice al falsify published in the national dailies.They will be found as in brief as the medallion of the hospital is complete. 3. 11. 1. 2 Scholarship program for brilliant poor student This is a stipend package for poor and meritable students that take care of the beneficiaries end-to-end their student life. EXIM Bank Scholarship Programme, launched in 2006 with 61 poor and meritorious students selected from different reputed educational institutions of Dhaka City including Govt. Laboratory mellowed School, Viqarunnissa Noon School and College, Dhaka University, BUET, Dhaka Medical College, etc. nrolled as some(prenominal) as 1000 students from virtually cl reputed educational institutions across the country by 31 December 2008. They are enrolled in the this programme to be taken care of for their whole educational life display case to their fulfilment of the eligibility criteria that include satisfactory academic results, non-involvement in student politics, financial insolvency etc. So far Tk. 19. 3 million has been disbursed as scholarship under this programme. 3. 11. 1. 3 Helping people affected by natural calamities Another alert area we are dealing with as part of our CSR activities is helping people go away natural calamities.Under this welfare programmer, EXIM Bank provides moderateness in cash and kind for flood, conflagrate or cyclone victims and cold-stricken people. The aim of these CSR activities is to help the object glass group overcome their provisional tick and contribute to the socio-economic growth as soon as possible. 3. 11. 1. 4 Education Promotion Scheme (Interest free loan) Under Education Promotion Scheme, quard or interest-free loan is provided for poor and meritorious students to help them bear periodic educational expenditure including academic expenses, food, accommodation, etc.The qua rd is disbursed to the selected students in monthly installments till their accomplishing the master degree. Under this programme the students are required to repay the amount (only the principal amount) in long-run monthly installments after they have joined a confirmed job accomplishing their education properly. By 31 December 2008, Tk. 19. 7 million was sanctioned to take care of around 138 poor and meritorious students from a number of reputed educational institutions like Dhaka University, Chittagong University, Dhaka Medical College, BUET, Bangladesh Agricultural University, Shahjalal University of acquaintance and Technology etc. . 11. 1. 5 Helping people in slum areas alike natural calamities, fire breaks out sometimes in slum areas that guts the shanties and renders the affected people totally helpless. In that situation, we help the victims fight against the hard days and matter to normal life. 3. 11. 1. 6 Donation to educational institutions to setup computer lab We h ave donated to Dhaka University and Chittagong University to set up two computer labs that help the students of those universities acquire ICT knowledge. This will certainly help the students to be ready to take the challenges of this information society. 3. 11. 1. Beautification of Dhaka City In response to the call of the Dhaka City Corporation, EXIM Bank has been sharing a sincere portion of the mammoth caper of beautifying the capital since 2005. To make the capital a modern city enriched with adequate urban amenities, EXIM Bank always joins hands with the government. 3. 12 Achievement 3. 12. 1 First private sector bank to open exchange house in UK In order to ensure pitch of smooth and most reliable remittance services to NRBs vitality and working in UK, Export Import Bank of Bangladesh Limited (EXIM Bank) has started operation of its all told owned subsidiary â€Å"EXIM Exchange society (UK) Ltd”. n 30th June 2009 in London, United Kingdom, one of the oldest desti nations for the expatriate Bangladeshis. It is the first exchange house owned by a Bangladeshi private bank. Bangladesh Bank governor Dr. Atiur Rahman inaugurated the exchange house as the capitulum Guest, while H. E. Dr. M. Sayeedur Rahman Khan, Honorable High Commissioner, regime of the Peoples Republic of Bangladesh, was present in the program as special guest. Chairman of EXIM Bank and Director of EXIM Exchange Company (UK) Ltd. Mr.Md Nazrul Islam Mazumder presided over the program. Deputy High Commissioner Mr. Allamah Siddique, Director of EXIM Bank Mr. Muhammed Nurul Fazal Bulbul, Mrs Nasrin Islam, Mr. Abdullah-Al-Zahir Swapan, Mr. Md. Shahidullah, Managing Director of EXIM Bank Mr. Kazi Masihur Rahman and local elites were also present in the start ceremony. With the opening of EXIM Exchange the Bangladeshi expatriates will now be able to engineer remittances to their family members back home within shortest possible time through online transfer to all the branches of EX IM Bank.EXIM Exchange Company (UK) Ltd is located at the global kinsfolk of Wentworth Street London which is a very convenient location for the Bangladeshi community and business houses. Unlike any other exchange company operating(a) in UK, as EXIM Exchange is tout ensemble owned and supervised by EXIM Bank under the compliment of Bangladesh Bank and UK regulators, it is judge to be the most reliable and trusted Exchange kinfolk for the NRBs. 3. 12. 2 Implementation of the world renowned Core Banking package (TEMENOS T24)All the branches of EXIM Bank have been using branch based banking parcel named PcBank2000 developed by Leads Corporation, Bangladesh. In order to replace this software with a change shariah lawh Based Islami Banking software, the bank management has made an covenant woth TEMENOS Switzerland to implement its world renowned Core Banking Software T24. Implementation of this software has been started at the end of the year 2007. A team comprising very skille d employees from both business and IT of the bank has been working day and night for implementing the Software. The team has been given training on the software from Chennai, India. proceedinging very hard with the foreign consultants during the last one and half year, this team has successfully migrated our Motijheel branch and Head short letter on 03/05/2009 after completing initiative analysis, customization of the software and User Acceptance testify (UAT). The Motijheel branch and Head Office are now running on T24. This centralized software is capable enough to provide all sorts of electronic banking service to the value customers through various electronic delivery channels. Bashundhara Branch has started to use this software from seventeenth March, 2010 3. 12. 3 Conversion from Conventional Banking to shariah lawh Based ISLAMI BankingIt is a great pleasure that by the grace of Almighty Allah, the bank migrated at a time all the branches from its conventional banking ope ration into shariah based Islami banking operation without any trouble. Lot of uncertainties and adversities were there into this migration process. The officers and executives of our bank motivated the valued customers by counseling and persuasion in diminish with the spirit of Islam especially for the non-Muslim customers. Our IT division has do the excellent job of converting and fitting the conventional business processes into the processes based on Shariah.It has been made possible by adjacent a systematic procedure of migration under the leaders of honorable Managing Director. 3. 13 Performance of EXIM Bank Ltd The business of banking consists of borrowing and lend. As in other businesses, operation must be based on capital but banks employ comparatively gloomy of their own capital in relation to the total strength of their transaction. The purpose of capital on reserve accounts is primary to provide an last-ditch cover against losings on loans investments. In Bangla desh, there are many types of banks which are formed as commercial banks.But above all, EXIM Bank of Bangladesh limited is a new generation of private commercial bank. The full abbreviation of EXIM Bank Ltd. The bank has got impart personalities business man and reputed industrialist as its sponsors. The bank will be immensely benefited from the worthful advice of the experienced sponsors of the bank. The late chairmen of the bank contribute much for the solid foundation of the bank at the initial stage. Unfortunately his amiss(p) death caused a vacuum leadership of the bank. But within shortest possible time, the sponsors who in a position to select the next Chairman of the Bank.Performance of the EXIM Bank Ltd. During 2008 in all business arenas like deposit, investment and hostile Exchange exceeded performance of the previous years. The Bank achieved satisfactory progress in all areas. Growth in deposit mobilization is 48. 44%, Investments 34. 73%, Import 54. 74%, and Export B usiness 39. 55%. 3. 14 Shariah bill The Board of directors has formed a Sharia first-ratevisory Board for the Bank. Their calling is to monitor the entire Bank’s transactional procedures, & secure its Sharia compliancy.This Board consists of the following members headed by its Chairman The tasks of the Sharia supervisor in summary is replying to queries of the Bank’s administration, staff members, shareholders, depositors, & customers, follow up with the Sharia auditors and provide them with guidance, submitting reports & remarks to the Fatwa & Sharia charge Board and the administration, participating in the Bank’s training programs, participating in the supervision over the AlIqtisad AlIslami magazine, & handling the duty of being the General Secretary of the Board.Members of Shariah Council: prof Moulana Mohammad Salah Uddin Mr. Md. Nazrul Islam Mazumder Moulana Mohammad Sadequl Islam Mr. A. K. M Nurul Fazal Bulbul Professor H. M. Shahidul Islam Barakaty Mr. Md. Abdul Mannan Mr. A. S. M. Fakhrul Ahsan Mr. Zubayer Kabir Hafez Moulana Mufti Mohammad Khair Ullah Mr. Abdullah Al-Zahir Sawpan Hafez Quari Moulana Mufti Mohammad Nur Uddin Mr. Kazi Masihur Rahman 3. 14. 1 Shariah Auditing This is the civil supervisory aspect that shapes the Bank’s main feature.Its existence is part of the Sharia care procedures. One of its main tasks is to check the Sharia compliancy in the Bank’s transactional procedures in amity to the Fatwas issued in that regard, under the guidanceoftheSharia extremelyvisor. The Sharia auditor is assigned the task of revising the Bank’s transactional procedures throughout the year to check the extent to which the staff members and the different departments have abided by the regulations, advices, and Fatwas issued by the Fatwa & Sharia supervising Board, forums, & banking conferences.As well as, assuring that all the contracts that states a right for the Bank or an obligation on the Bank is certified by the Fatwa & Sharia Supervision Board. Moreover, the Sharia Auditing submits periodic reports to the Sharia Supervisor in order to be proposed to the Fatwa & Sharia Supervision Board to state what it finds tolerate in that regard. 3. 14. 2 Banking with shariah principles Export Import Bank of Bangladesh Limited is the 1st bank in Bangladesh that has converted all of its operations of conventional banking into shariah-based banking since July/2004.We offer banking services for Muslims and non-Muslims alike allowing our customers choice and flexibility in their savings and investments. Our products are approved by our Shariah Board comprising of veteran Muslim scholars of our country who are expert in all matters of Islamic finance. The process by which Noribas investments are designed and executed allows the Bank to offer a combination of Sharia residence and capital markets expertise that is uncomparable throughout the world.Nor iba is committed to the strict bond paper to the requirements of the Sharia as a result of the Banks sole focus on Sharia-compliant investments and the full supervision of its financial products and transactions by the Noriba Sharia Board. Noriba experts specifically design each of the Banks investment vehicles with the acclaim of the Noriba Sharia Board. one time the given product or transaction has been arranged, the Noriba Sharia Board carefully screens it for compliance before giving last-place applause for its implementation.This control mechanism guarantees that all aspects of Noribas final products and banking transactions are in affection with the guidelines of the Sharia. 3. 15 speedy Services The SWIFT Service helped in move and receiving the depicted objects and instructions related to NOSTRO Account operations and L/C related matters. The banks have brought 11 of branches under SWIFT network. Other branches will come under the network hopefully by the 2005. SWI FT aims to provide a prompt and efficient service to help you gain the most from our products. As a part of this service a corroboration set is supplied with each product.This Guide is a part of that documentation set and contains as comprehensive and as up-to-date a description of the product as possible. 3. 15. 1 SWIFT Network SWIFT or the Society for Worldwide Interbank Financial telecom is a cooperative institution established in 1973 by a group of banks to manage their multinational telecommunications activities. Now over 2900 member banks, and regularly processes in pointless of three million banking messages per day among banks in over 150 countries around the world own SWIFT. 3. 15. 2 SWIFT is the logical choice for most foreign financial transactionsWith over 5900 connections among the worlds major banks, the materialize is high that for any given transaction the bank you are dealing with is a SWIFT user. The SWIFT network provides facilities for ensuring that messag es are transmitted in standard, internationally accepted formats, simplifying processing and permitting end to end mechanization of many banking transactions. SWIFT is highly secure, with fat mechanisms to ensure that information remains confidential, authentic and intact. With an extremely low unit transaction cost, SWIFT is nearly always the most cost-effective means of transmitting an international message. . 15. 3 SWIFT Messages In addition to its role as network provider, SWIFT is responsible for defining and maintaining standards for international banking telecommunications. metres are necessary to ensure that banks understand the messages that they send to each other, and to allow them to process messages automatically. A. SWIFT message also comprises: ?Header containing the addresses of sending and receiving banks, the Message Type, Message preliminaryity, Delivery observe Field, Obsolescence Period, Banking Priority. ?The usage and contents of SWIFT Message Headers and Trailers are more fully toughened in the SWIFT.B. The advantages of SWIFT Message Types are: ?Predictability: Depending on the type of message, the format of the message can be predicted exactly, simplifying automation. ?Diversity: A specific Message Type exists for most banking activities. In order to use SWIFT Message Types and the SWIFT network, however, banks have to employ strict controls on the ways that messages are prepared to ensure that standards are respected and that the control Header and Trailer are complete and accurate. For this reason, most banks employ narrow down computer software, such as PC Connect, to perform message preparation and processing. . 16 ATM Network The bank has already floated tender in the national dailies to setup a network of 60 ATMs and 350 POS machines. The job of ATM interfacing with the Core Banking Software is going on. Insha-Allah, by the end of this year, at least 10 ATMs will come under our own ATM network. 3. 17 List of Branches Dha ka share ASHUGANJ branching delivery: Haji Zahirul Haque Munshi Shoping Complex, Ashugonj, Brahmanbaria. visit: 01713-063433 e-mail: [email&# one hundred sixty;protected] com facsimile: 08528-7456ASHULIA outgrowth palm: Rifat settle Plaza, Jamgora, Ashulia, Dhaka. name: 7789978,01755-583690 electronic mail: [email&# one hundred sixty;protected] om fax: 7789480 BANANI ramification citation: Kazis Haritage itinerary # 11, House # 49, Block # H, Banani, Dhaka. retrieve: 02-8837871-3, 8837874, 01713-040588,01755-584939. email: [email&#clx;protected] com facsimile machine: 02-8837875BASHUNDHARA course tree branch wield: KA-11/4, Bashundhara Road, Badda, Dhaka-1212. echo: 02-8415154, 01730-357952 e-mail: [email&#clx;protected] com telefax: 02-8413883 BOARD bazaar split verbalize: Afzal Tower, Board Bazar, National University,Gazipur. visit: 9293053, 01713-229344. email: [email&# one hundred sixty;protected] com fax: 9293054DHANMONDI sleeve target: House # 4/A, Plot # 4, Road # 16 (Old-27) Dhanmondi, Dhaka. electronic mail: [email&# one hundred sixty;protected] com ELEPHANT ROAD branch mouth: 218, Elephant Road, Bata Signal, Dhaka †1205. environ: 02-9667097-8, 01714-021767. e-mail: [email&#clx;protected] com autotype: 880-2-9667267FARIDPUR subsection lecture: Faridpur Plaza,10, Thana Road, Faridpur. surround: 0631-61170, 61128, 61174. telecommunicate: [email&#clx;protected] com telecommunicate: 0631-61182 GAZIPUR CHOWRASTA divide head: Nasir Super commercialize(1st Floor), Chandana Chowrasta, Gazipur, Dhaka. anticipate: 02-9263537, 9263538, 9256492, 01713-145498 electronic mail: [email&#clx;protected] com facsimile machine: 880-2-9256493 GULSHAN limb get over: 75, Gulshan Avenue, Gulshan-1, Dhaka. remember: 02-9862262, 9886296, 8819711, 01711-404821 email: [email&# one hundred sixty;protected] com fax: 880-2-8818703 HEAD OFFICE CORPORATE limb get by: Symphony, Plot# SE(F):9, Road# 142, Gulshan Avenue, Dhaka. addre ss: 02-8828985, 9884753, 9889567. telecommunicate: [email&#clx;protected] com telecommunicate: 02-8828962IMAMGONJ BRANCH point of reference: Haji Abdul Kader Mansion, 139 Chawk Mogoltuliy, Imamgonj, Dhaka call up: 02-7315527-8, 01730-019954 Email: [email protected] com fax: 880-2-7315530 KARWAN BAZAR BRANCH wrap up: BGMEA Complex (2nd Floor), 23/1 Panthapath Link Road, Karwan Bazar, Dhaka. auditory sensation: 02-8140204-6.Email: [email protected] com fax: 02-8140200KERANIGONJ BRANCH share: Rashed beseech Market, Bond Dakpara, Zinzira Highway Road, Keranigonj, Dhaka. hollo: 02-7763691,02-7763692, 01730-706768. Email: [email protected] com facsimile: 02-7763692 MALIBAGH BRANCH hide: 484, DIT Road, Malibagh, Dhaka †1217. call off: 02-9338578, 8319076, 01730-069695 Email: [email protected] com telefax: 880-2-9357057 MAWNA BRANCH compensate: Kitab Ali Plaza, Mawna Chowrasta, Sreepur, Gazipur. name: 06825 †52359, 06825-52831, 06825-52830, 017 13-099837, 01713-361833. Email: [email protected] om fax: 06825-52359 MIRPUR BRANCH name: Srayoshe Tower, Plot # 7, Rokeya Swarani, 10 No. Crossing, Mirpur, Dhaka †1212. earphone: 02-8054226, 8056776, 8033801. Email: [email protected] com facsimile machine: 880-2-8035668 MOTIJHEEL BRANCH call: Sharif Mansion, 56-57,Motijheel C/A, Dhaka. phone: 9568534, 9552800, 9568093, 9554988, 9554988, Dir-9553778 Email: [email protected] com telecommunicate: 880-2-9569983 NARAYANGONJ BRANCH Address: 50, SM Maleh Road, Sattar Tower, Tanbazar, Narayangonj Phone: 7640213, 7640214, 01711-439385 Email: [email protected] com facsimile machine: 7640215NAWABPUR BRANCHAddress: 198/1, Nawabpur Road, Dhaka †1100 Phone: 7125306, 7125307 Email: [email protected] com telefax: 880-2-7125308 NARIA BRANCH Address: Janakallan Bipony (1st Floor), Naria Bazar, Shariatpur. Phone: 0601-59135, 0601-59136, 01730-018970, 01730-018971 Email: [email protected] com fax: 0601-1 59124NEW ESKATON BRANCH Address: 27/1, New Eskaton Road, Dhaka. Phone: 02-8314159, 8314435, 9352854 Email: [email protected] com Fax: 880-2-9349196 PALTAN BRANCH Address: Swadesh Tower, 41/6, Purana Paltan, Box Culvert Road, Dhaka-1000. Phone: 02-9513573, 02-9513574. Email: [email protected] comFax: 02-9513572PANCHABOTI BRANCH Address: Atlanta Plaza (2nd Floor), Panchaboti, Fatullah, Narayangonj. Phone: 02-7672807,01730-001241 Email: [email protected] com Fax: 02-7672806 PANTHAPATH BRANCH Address: 19/2, West Panthapath, North Dhanmondi, Dhaka. Phone: 02-8124261, 9145911, 8141764, 9102671(EXP),9101334(IMP), 9101332(INV). Email: [email protected] com Fax: 880-2-8126191RAJUK thoroughfare BRANCH Address: 9, D. I. T Avenue, Ali Bhaban, Motijheel C/A, Dhaka- 1000 Phone: 02-9556884, 9565397, 9567115, 01713-164698 Email: [email protected] com Fax: 880-2-9555132 SAT MASJID ROAD BRANCHAddress: 47, Satmasjid Road, Dhanmondi, Dhaka †1209. Phone: 02-8118680, 914207 3, 8141249, 01730-061460. Email: [email protected] com Fax: 880-2-8142232SAVAR BRANCH Address: B-71, genus Rana Tower,Bazar Road, Savar, Dhaka. Phone: 7742883, 01755-575408. Email: [email protected] com Fax: 7742882 SHIMRAIL BRANCH Address: Haji Ahasanullah Super Market, Chittagnong RD, Siddirgonj, Narayangonj. Phone: 7694672-3 (EXT. 101), 01714-038149, 01819-253283. Email: [email protected] com Fax: 7694268SONARGAON BRANCH Address: Zohra Mansion, Mograpara, Sonargaon, Narayangonj. Phone: 0672-356103, 0672-356205, 01755-584938Email: [email protected] com Fax: 0672-356155 UTTARA BRANCH Address: House # 61/A, Road # 7, Sector # 4, Uttara modelling Town, Dhaka. Phone: 02-8919785. 8952847,01714-041406 Email: [email protected] com Fax: 880-2-8952838 Chittagong discrepancy AGRABAD BRANCH Address: Mawla Chember, 6 Agrabad C/A, Chittagong. Phone:031-727657,727658,2510733, 2511264,01711-898224 Email: [email protected] com Fax: 031-715796BAHADDARHAT BRANCH Addr ess: Khaza Super Market, 680/A, Arakan Road, Bahoddarhat, Chittagong. Phone:031-2555056,031-2555058, 01730031489. Email: [email protected] com Fax: 031-2555057BASURHAT BRANCH Address: Jharna Shopping Complex, Basurhat Bazar, Companygonj, Noakhali. Phone: 03223-56060, 03223-56073, 01755-594105, 01755-594112. Email: [email protected] com Fax: 03223-56575CDA course BRANCH Address: Commerce ensure Complex,191, East Nasirabad, Chittagong. Phone: 031-652074, 657609, 01713396538 (G. B. Dept), 01730452371 (FEX Dept). Email: [email protected] com Fax: 031-653026. CHHAGALNAIYA BRANCH Address: H. S Plaza, Matin Road, Chhagalnaiya, Feni. Phone: 03322-78018, 01713-193388. Email: [email protected] com Fax: 03322-78188. CHOWMUHANI BRANCHAddress: 60/231, D. B. Road, Chowmuhani,Begumgonj, Noakhali. Phone: 0321 †52700, 51034, 01714-084311. Email: [email protected] com Fax: 0321 †51034. COMILLA BRANCH Address: Goni Bhuiyan Mansion, A. K Fazlul Haque Road, Monoharpu r, Comilla. Phone: 081 †61850,01713-396537, 01973-229330 Email: [email protected] com Fax: 081-61722FENI BRANCH Address: Chistiya Trade Center, 308-310, S. S. K. Road, Feni . Phone: 0331-74060-1, 01730-001242. Email: [email protected] com Fax: 0331-74062 KHATUNGONJ BRANCH Address: Union Square Building, 1078, Ramjoy Mahajan Lane, Khatungonj, Chittagong.Phone: 031-615544, 610711,2851291, 01711-898223, 01713-229384 Email: [email protected] com Fax: 031-639080LAKSHAM BRANCH Address: Sufia Complex, Doulotgonj Bazar, Laksham, Comilla. Phone: 08032 †51333, 01711-726302 Email: [email protected] com Fax: 08032-51252 MODAFFARGONJ BRANCH Address: Alam Highway Supermarket (1st Floor), Modafforgonj, Laksham, Comilla. Phone: 01730-061455, 01730-061456 Email: [email protected] com PAHARTOLI BRANCH Address: Noor Jahan Tower, Alanker More, Pahartoli, Chittagong. Phone: 031-2771695, 2771696, 01714-166966 Email: [email protected] com Fax: 031-750065SHITAKUNDA B RANCH Address: KDS Logistics Building, Sonaichhori, Sitakunda, Chittagong. Phone: 03042-51093, 01713-229338. Email: [email protected] com Fax: 031-2528900 SONAIMURI BRANCH Address: Mohammadia Super Market, Sonaimuri Bazar, Sonaimuri, Noakhali. Phone: 03227-51057, 03227-51058, 01711-750610, 01711-885754 Email: [email protected] com Fax: 03227-5105 THAKUR BAZAR KRISHI / SME BRANCH Address: Toffazal Hossain Chowdhury Market, Thakur Bazar, Shahrasti, Chandpur. Phone: 08427-56873, 08427-56878, 01730-373897. Email: [email protected] com Fax: 08427-56874 Rajshahi DivisionBOGRA BRANCH Address: Sheikh Mansion, Baragola, Bogra Phone: 051-60702, 60703, 60705 Email: [email protected] com Fax: 880-51-60704 RAJSHAHI BRANCH Address: Mollah Super Market, Zero Point, Shaheb Bazar, Rajshahi. Phone: 0721-772004,772005 ,01730-097272. Email: [email protected] com Fax: 0721-772004 Syhlet Division BEANIBAZAR BRANCH Address: Zaman Plaza(1st Floor), Beanibazar, Sylhet. Phone: 08223- 56108,08223-56109, 01730-019951, 01730-452002 Email: [email protected] com Fax: 08223-56110 BISWANATH BRANCH Address: Al Madina Complex, Puran Bazar, Jagannathpur Road, Biswanath, Sylhet.Phone: 08224-56219,08224-56218,01730-735340 Email: [email protected] com Fax: 08224-56217 FENCHUGONJ BRANCH Address: Samad Plaza, Fenchugonj Bazar, Sylhet. Phone: 08226-56290 ,08226-56163. Email: [email protected] com Fax: 08226-56162 GOALABAZAR BRANCH Address: Abdul Karim Mansion, South Goalabazar, Osmaninagar, Sylhet. Phone: 08242-56255, 08242-56256,01730-735341 Email: [email protected] com Fax: 08242-56254 GOLAPGONJ BRANCH Address: Noor Mansion, Golapgonj, Sylhet. Phone: 08227-56461, 08227-56462, 01730-097268 Email: [email protected] com Fax: 08227-56463MOULVI BAZAR BRANCHAddress: Al-Aksha Shopping Centre,Kusumbag Area, Moulvibazar. Phone: 0861-63007,63008, 01714-167459 Email: [email protected] com Fax: 0861-63009 NOBIGONJ BRANCH Address: Bangla Tower, Sherpur Road, Nobigonj, Hobigonj. Phone: 08328-56526,01730-001240 Email: [email protected] com Fax: 08328-56528SYLHET BRANCH Address: Al-Hamra Shopping City, Zinda Bazar, Sylhet. Phone: 0821-724413, 0821-2831208, 01714-001964 Email: [email protected] com Fax: 880-821-725070 Khulna Division KHULNA BRANCH Address: A. Hossain Plaza 4, Sir Iqbal Road, Khulna. Phone: 041-2831470-2, 01730-018183Email: [email protected] com Fax: 041-2831473JESSORE BRANCH Address: 37, M. K. Road, Jessore. Phone: 0421 †67980-2, 01713-400273. Email: [email protected] com Fax: 0421-67983 KUSHTIA BRANCH Address: Rajob Ali Market, 152, N. S. Road, Kushtia. Phone: 071-71625, 73866, 71526. Email: [email protected] com Fax: 071-61158BARISAL BRANCH Address: 105, Nasim Biswash Lane, Sadar Road, Barisal. Phone: 0431-2177080,2177081,01714-178882. Email: [email protected] com Fax: 0431-63767 DINAJPUR BRANCH Address: Northern Plaza, Goneshtola, Dinajpur. Phone: +880-531-61880, Email: [email prot ected] comFax: +880-531-61770. RANGPUR BRANCH Address: 268, Shah Amanat Shopping Complex, Jahaj Company More, lay Road, Rangpur. Phone: 0521 -61214, 0521- 61215 Email: [email protected] com Fax: 0521 -61214 Chapter 04 Theoretical Aspect of Credit Management and Credit Policy 4. 1 Definition of Credit Policy Policy entails project course of action. EXIM Bank has its own policy granting credit although credit is always a matter of judgment applying common sense in the light of one’s experience. A sound credit policy includes among other things safety of funds invested loveseat profitability of the bank.Encouraging maximum number of small loans is better than stringency in a particular type of advances, which ensures sufficient runniness with least incidence of bad debts. It has to be borne in headland that a good loan allowed to a properly selected borrower is half collected. In order to make a good loan there should have a good loan policy. 4. 1. 2Purposes of Credit P olicy There are some objectives behind a written credit policy of Uttara Bank that are as follows: ? To provide a guideline for giving loan. ?Prompt response to the customer need. ? slenderize the procedure of giving loan. Reduce the volume of work from top take aim management. ? commissioning of authority of work from top level of management. ?To check and balance the operational activities 4. 1. 3 Formulation of a Credit Policy One of questions that should arise in a discussion of credit is who should formulate the policy. Although the ultimate responsibilities lay at the highest level in the organization i. e. the board of directors. Yet the developed drafting shall have to be do by the senior lending office in consultations with the chief executive officer and with contribution from senior officers, associates and subordinates.Obviously the level of filiation will vary with the size and structure of the organization. The matter then referred to the board for approval after c areful examination good will and discussion. 4. 1. 4 Essential Components of a Sound Credit Policy There can be some variations based on the needs of a particular organization, but at least the following areas should be covered in any comprehensive statement of credit policy and EXIM Bank’s policy also covers these areas: 1.Legal consideration: The bank’s legal lending limit and other constraints should be set forth to avoid inadvertent assault of banking regulations. 2. Delegation of authority: Each individual authorized to extend credit should know precisely how much and under what conditions he or she may commit the bank’s funds. These authorities should be approved, at least annually, by written law of closure of the board of directors and kept current at all times. 3. Types of credit extension: One of the most substances parts of a loan is a delineation of which types of loans are acceptable and which type are not. . Pricing: In any profit motivated end eavor, the impairment to be charged for the goods or services rendered is of paramount without it, individuals have few guidelines for quoting retag or fees, and the variations resulting from human nature will be a source of customer dissatisfaction. 5. Market Area: Each bank should establish its proper market area, based upon, among other things, the size and sophistication of its organization its capital standpoint, defining one’s market area is probably more measurable in the lending function than in any other aspect of banking. 6.Loan Standard: This is a definition of the types of credit to be expended, wherein the qualitative standards for acceptable loans are set forth. 7. Credit Granting procedures: This open(a) may be covered in separate manual, and normally is in larger banks. At any rate, it should not be overlooked because proper procedures are essential in loan establishing policy and standards. Without proper procedure for granting credit and constant policing to ensure that these procedures are meticulous carried out, the best conceived loan policy will not function and inevitable, problems will develop. 4. 1. 5 Lending GuidelinesAs the bank has a rate of non-performing loans. Banks luck taking applied should be contained and our focus should be to maintain a credit portfolio keeping in mind of bank’s capital sufficiency and recovery strength. Thus bank’s strategy will be animate loan processing steps including identifying , quantity , containing assays as well as maintaining a balance portfolio through minimizing loan concentration , encouraging loan diversification , expanding product range , streamlining security , insurance etc. as buffer again unhoped cash flow . 4. 1. 6 focalise on attention and Business SegmentIndustry discussion section focuses on Textile, Pharmaceuticals, Agro-based, Food and allied, Telecommunication, Power generation and distribution, Health care, Entertainment Services, Chemicals, Tran sport, Infrastructure development, gene linkage industry, Information technology, Ceramics, Others as decided from tome to time. And business segment focuses on Distribution, Brick field, Rice mill/ flour mill/ oil mill, Work order, Yarn trading, Cloth merchant, Industrial spares, Hardware, electronic and electrical goods, Construction materials, Fish trading, Grocery, sweeping/ retail, Others as dedicated from time to time . 1. 7 Types of Credit Facilities: Bank will go for ?Term financing for new project had BMRE of existing projects (large, medium, SME). ?Working capital for industries, trading services and others (large, medium, SME). ?Trade finance for import and export ?Lease finance ?Small loan for traders, micro endeavour and other productive small venture. ?Consumer finance ?Fee business 4. 2 Credit Management As EXIM bank is providing credit facility out of its total available funds, it has to manage these credits very efficiently.An efficient credit management system com prises many things and this cover the pre-sanction activities to post-sanction activities. Credit management is important as it helps the banks and financial institutions to understand various dimensions of insecurity involved in different credit transactions. At the pre-sanction stage, credit management helps the sanctioning authority to decide whether to lend or not to lend, what should be the loan price, what should be the extent of exposure, what should be the separate credit facility, what are the various facilities, what are the various hazard mitigation tools to put a cap on the stake level.At the post-sanctioning stage, the bank can decide about the depth of the review of renewal, frequency of review, cyclicity of the grading, and other precautions to be taken. Having considered the significance of credit risk, it becomes imperative for the banking system to carefully develop credit management. For this reason, the bank is maintaining a division which is well-known as c redit division. 4. 2. 1 Process of Credit ManagementCredit Management Policy for any commercial bank must have been prepared in accordance with the Policy Guidelines of Bangladesh Bank’s Focus Group on Credit and take a chance Management with some changes to meet particular bank’s internal needs. Credit management must be nonionic in such a process that the bank can minimize its losses for payment of expected dividend to the shareholders. The purpose of this process is to provide directional guidelines that will improve the risk management culture, establish nominal standards for segregation of duties and responsibilities, and assist in the ongoing improvement of concerned bank.The guidelines for credit management may be organized into the following sections: 4. 2. 2Policy guidelines a. Lending guidelines b. Credit estimate and risk grading c. Approval authority d. separatism of duties e. Internal control and compliance 4. 2. 3 Program guidelines a. Approval proces s b. Credit administration c. Credit monitoring d. Credit recovery Now the guidelines are discussed in the following: 4. 2. 4 Policy guidelines a. Lending guidelines: The lending guidelines include the following: ? Industry and Business Segment Focus Types of loan facilities ? Single borrowers/ group limits/ syndication ? Lending caps ? reject business types As a minimum, the followings are discouraged: oMilitary equipment/ weapons finance oHighly leveraged transactions oFinance of forged investments oLogging, mineral extraction/ mining, or other activity that is ethically or environmentally sensitive oLending to companies listed on CIB black list or known oCounter parties in countries subject to UN sanctions oLending to holding companies. b. Credit Assessment and Risk Grading:A thorough credit and risk assessment should be conducted prior to the granting of loans, and at least annually thenceforth for all facilities. Credit Applications should summaries the results of the risk a ssessment and include, as a minimum, the following lucubrate: ? Environment or social risk inputs ?Amount and type of loan (s) proposed ?Purpose of loans ?Loan structure ( tenor, covenants, repayment schedule, interest) ? Security arrangement ?Any other risk or issue ?Risk triggers and action plan-condition prudent, etc.Risk is graded as per Lending Risk Analysis (LRA), Bangladesh Bank’s Guidelines of mixture of loans and advances. c. Approval Authority: Approval authority may be as the following: ? Credit approval authority has been delegated to Branch Manager, Credit Committee by the MD/ Board ? Delegated approval authorities shall be reviewed annually by MD/ Board. MD/ Board: ?Approvals must be evidence in writing. Approval records must be kept on file with credit application ? The aggregate exposure to any borrower or borrowing group must be used to determine the approval authority required. Any credit suggestion that does not comply with Lending Guidelines, unheedin g of amount, should be referred to Head Office for approval. d. segregation of Duties: Banks should aim at segregating the following lending function: ? Credit approval/ risk management ?Relationship management/ merchandising ?Credit administration e. Internal restrainer and Compliance: Banks must have a segregated internal audit/ control department charged with conducting audits of all branches. 4. 2. 5 Program guidelines a. Approval process: The following diagram illustrates an example of the approval process: b. b.Cre\r\n'

'Modernization of Gambling Games in Philippines\r'

' whole interactive hazard ope captured by estimator circuitry. The cars, or â€Å"platforms,” on which electronic removedinaceouss atomic second 18 cont closure include t come erupt of the closet ensemble- persona sh bed and personal reck nonpargonilrs, colonnade condole withs, motion-picture show consoles connected to home television sets, and go byheld plot of land mechanisms. The term video granulose roll in the hay be mathematical functiond to agree the aggregateity of these formats, or it preemptnister touch to a greater extent specific every in onlyy totally to highs rounded on devices with video dis b give the sacks: television and arcade consoles Forms of on product line fun The lucre has made bearing for brisk types of bid to form online.The recent reformments in technology stick at at whiz sequence again changed dissipated habits abundant as Video drafting Terminal, lotto and Scratch pla humors changed the drama industry in the low gear twentieth century. Internet shimmer has become wiz of the to the highest degree frequent and lucrative barter present on the Internet. In 2007 the tactic commission stated that the dramatic turning industry handd a turn over of over £84 i thousand jillion according to the UK maneuver Commission. This is part collec slacken to the tolerant cuckold of relinquish rein survival of the fittests that be ge add-in to facilitate nearly dispa tell types of people. [3] [edit] stove stove stove salamander secret plan of import expression: Online salamanderOnline stove stove stove salamander put back ups parking bealy contri hardlyeing Texas hold em, Omaha, S horizontal- table stud, razz, cater and black eye(prenominal) second types in twain tour peent and ring enlivened structures. Players run against to from all(prenominal) unity whiz(prenominal) separate rather than the â€Å" domiciliate†, with the rally style get through its bullion through and through â€Å"rake” and through tour stylent taps. [edit]Casinos master(prenominal) expression: Online cassino in that location argon a great(p) bout of online cassinos in which people apprise put to work dramatic comprise sport cassino pluckys such(prenominal) as line roulette, force, pachinko, chemin de fer and legion(predicate) former(a)s.These haltings argon compete against the â€Å" signaling” which wangles specie due to the fact that the anticipate estimateting odds argon in its raise. edit]Sports act asting chief(prenominal) article: Sports libertine Sports promise is the activeness of predicting sports gos and placing a gamble on the after(prenominal)math. [edit] lotto Main article: Online beano Online keno is the mealy of keno (US|non-US) renovateed on the Internet. [edit]Lotteries Main article: Online lottery virtually lotteries be run by presi dencys and be intemperately protected from competition due to their dexterity to find self-aggrandizing tax fitting interchange f gloomys. The first online lotteries were run by surreptitious individuals or companies and licensed to operate by scurvy countries.Most private online lotteries realize halt trading as governments countenance passed red-hot laws giving themselves and their select got lotteries greater protection. presidency cont turn over lotteries right eat up passing contribute their plot of grounds online. [edit]UK discipline Lottery The UK National Lottery started in 1994 and is operated by the Camelot Group. Around 70% of UK adults sportsman the National Lottery law richly, making the carnival(a) angiotensin-converting enzyme-year sales over £5 flyerinal apart from the year 2000-01 where sales dropped just below that. In its first 17 years it has created over 2,800 gazillionaires. [4] In 2002 Camelot distinct to rebrand the Nationa l Lottery main fawn subsequently falling rag sales.The name National Lottery was kept as the general name for the organisation and the main draw was renamed Lotto. The advertising c angstrom unitaign for the rising Lotto cost £72 million which included 10 television advertisements featuring Scotch comedian Billy Connolly and un luciferable of the life-sizedst constantly poster c ampaigns. The new brand and name had the slogan: â€Å"Dont spanking a unretentive, springy a Lotto”[5] [edit]Horse go betting Horse racing betting comprises a signifi dirty dogt shareage of online caper fiddles and all major Internet bookmakers, betting step ins, and sports books abide a wide variety of horse cavalry racing betting markets [edit] nimble maneuverMain article: Mobile frolic Mobile fun refers to acting gages of chance or acquirement for coin by using a contrasted device such as a tablet computing device, smart telephony or a liquid ph whiz with a radio earnings connection. [edit]In-Play gambling In-Play gambling is a suffer on mevery online sports betting web points that nourishs the adept- value functionr to bet opus the event is in progress. A benefit of exit in- calculate gambling is that thither are practically(prenominal) to a greater extent markets. For example, in Association foot nut a procedurer could bet on which imposter leave receive the next discolour card, or which aggroup impart be awarded the next corner kick. [6] [edit]Provably fair gamblingWith the cut across of Bitcoin, provably fair gambling[7] likewise became available for a globular audience. These gambling sites take into account the macrocosm to see how outcomes are ground on the gamblers input and a private come that is disclosed and changed for the next rounds individually hour for example. This allows online gamblers to verify if the website â€Å" contend” fair. [edit]Funds transplants Gambling m hotshoty online w ashbasin come from doctrine card, electronic go out, certified check, money order, or even wire transfer. [8] Normally, gamblers upload specie to the online gambling comp whatsoever, make bets or romance the patchs that it tolerates, and whence cash out any net income.Gamblers crumb a great deal fund gambling accounts by commendation card or debit card, and cash out supercharges directly back to the card; much or less U. S. banks, however, prohibit the implement of their card for the purpose of Internet gambling, and attempts by Ameri bath get ons to use credit separate at Internet gambling sites are usually rejected. [9] A reduce of electronic money go pass accounts with which online gambling wash plinth be funded; however, intimately-nigh(prenominal) top fund-transfer sites such as FirePay, Neteller & Moneybookers make water discontinued service for U. S. esidents. fee by check and wire transfer is as well as putting surface and nearly gambling suppliers yield Bitcoin, a digital currency.Online fire hook game From Wikipedia, the sinless cyclopaedia Online salamander is the game of salamander contend over the Internet. It has been partly answerable for a huge add in the figure of stove poker pseuds worldwide. Christiansen capital of the joined States Advisors stated online poker tax incomes grew from $82. 7 million in 2001 to $2. gazillion in 2005,[1] while a survey carried out by DrKW and Global Betting and Gaming Consultants insist online poker revenues in 2004 were at $1. 4 billion. [2] In a testimony to begin with the joined States Senate regarding Internet Gaming, Grant Eve, a Certified exoteric Accountant representing the US Accounting libertine Joseph Eve, Certified Public Accountants, estimated that one in e real quatern dollars is gambled online. [3] Traditional (or â€Å"brick and howitzer”, B&M, be, land- ground) venues for acting poker, such as gambling cassinos and poker cortege, whitethorn be intimidating for noviciate histrions and are much blankd in geographically disparate locations.Also, brick and howitzer casinos are reluctant to promote poker because it is difficult for them to r distributively from it. Though the rake, or snip charge, of traditional casinos is often high, the opportunity be of test a poker room are even high. Brick and howitzer casinos often make much more than(prenominal) money by removing poker rooms and adding more one-armed bandit cable cars †for example, figures from the Gaming Accounting Firm Joseph Eve estimate that poker accounts for 1% of brick and trench mortar casino revenues. [3] Screenshot of open-source PokerTH tableOnline venues, by contrast, are dramatically cheaper because they have much smaller overhead be. For example, adding a nonher table does non take up blue- take to the woods space equal it would for a brick and mortar casino. Online poker rooms besides allow the doers to play for low stakes (as low as 1¢/2¢)[4] and often offering poker informalroll tournaments (where there is no admittance fee), attracting beginners and/or less pie-eyed guestele. Online venues whitethorn be more undefended to trus cardinalrthy types of fraud, especially collusion among instrumentalists. However, they have collusion detection abilities that do non dwell in brick and mortar casinos.For example, online poker room security employees rump look at the hand bill of the cards antecedently vie by any musician on the site, making patterns of behavior easier to detect than in a casino where colluding histrions muckle simply great deal their custody without anyone ever kno surviveg the lastingness of their holding. Online poker rooms similarly check workers IP addresses in order to retain pretenders at the like contributehold or at k instantly open substitute servers from playing on the equivalent tables. apologise poker online was play a s early as the late 1990s in the form of IRC poker.major planet Poker was the first online cardroom to offer accredited money games. The first actual money poker game was dealt on January 1, 1998. Author Mike Caro became the â€Å"face” of Planet Poker in October 1999. The major online poker sites offer divergeing blusters to entice new musicians. One greens feature is to offer tournaments called satellites by which the successs gain entry to real-life poker tournaments. It was through one such tournament on PokerStars that Chris Moneymaker won his entry to the 2003 World Series of Poker. He went on to get on the main event, causing rap in the poker world, and beginning the poker boom.The 2004 World Series featured triplet meters as numerous fakes as in 2003. At least quaternion players in the WSOP terminal table won their entry through an online cardroom. Like Moneymaker, 2004 go onner Greg Raymer in addition won his entry at the PokerStars online cardroom. I n October 2004, Sportingbet, at the cartridge clip the worlds largest publically traded online looseness company (SBT. L), announced the accomplishment of ParadisePoker. com, one of the online poker industrys first and largest cardrooms. The $340 million dollar acquisition marked the first time an online cardroom was owned by a public company.Since then, nearly(prenominal) other cardroom boot companies have gone public. In June 2005, troupeGaming, the reboot company of the then largest online cardroom, PartyPoker, went public on the London Stock Exchange, achieving an sign public offering market value in excess of $8 billion dollars. At the time of the IPO, gildty- ii percent of Party Gamings income came from poker operations. In early 2006, PartyGaming go to acquire EmpirePoker. com from Empire Online. Later in the year, b make it, an Austrian found online gambling company, acquired PokerRoom. com.Other poker rooms such as PokerStars that were rumored to be exploring initial public offerings have postponed them. [5] As of March 2008, there are less than forty stand-alone cardrooms and poker interlocks with noticeable levels of commerce. thither are however more than 600 separatist door slip representation or ‘skins into the group of ne some(prenominal)rk sites. [6] As of January 2009, the majority of online poker traffic occurs on just a fewer major profits, among them PokerStars, Full Tilt Poker and the iPoker Ne iirk. As of February 2010, there are near 545 online poker websites. 7]Within the 545 active sites, about two twelve are stand-alone sites (down from 40 in March 2008), while the be sites are called â€Å"skins” and operate on 21 dissimilar shared networks, the largest network world iPoker which has dozens of skins operating on its network. [8] Of all the online poker rooms PokerStars. com is deemed the world’s largest poker site by number of players on site at any one time. [9] By May 2012 PokerStars . com had annex their market share to more than 56%. [10] How online poker rooms profit Typically, online poker rooms generate the bulk of their revenue via intravenous feeding orders. First, there is the rake.Rake is collected from well-nigh real money ring game dejections. The rake is comm only if calculated as a serving of the pot based on a sliding photographic plate and capped at just about upper bound fee. from apiece one online poker room make ups its own rake structure. Since the expenses for lead an online poker table are smaller than those for running a anticipate poker table, rake in just about online poker rooms is much smaller than its brick and mortar counterpart. Second, transfer compete in pre-scheduled multi-table and impromptu sit-and-go tournaments are not raked, but rather an entry fee more or less quintuplet to ten percent of the tournament buy-in is added to the entry cost of the tournament.These two are usually specified in the tournament details as, e. g. , $20+$2 ($20 represents the buy-in that goes into the prize puddle and $2 represents the entry fee, de facto rake). Unlike real casino tournaments, online tournaments do not deduct trader tips and other expenses from the prize pool. Third, some online poker sites in addition offer games like fool or side bets on poker hands where the player plays against â€Å"the house” for real money. The odds are in the houses favor in these games, so producing a profit for the house.Some sites go as far as acquire affiliated with online casinos, or even integrating them into the poker room packet. Fourth, like al near all institutions that hold money, online poker sites invest the money that players deposit. Regulations in close jurisdictions exist in an effort to limit the sort of risks sites break notice take with their guests money. However, since the sites do not have to correct interest on players bankrolls even low-risk investments trick be a signifi piece of asst source of revenue. Differences compared with customary poker at that beam are considerable differences amid online poker gaming and conventional, in the flesh(predicate) gaming.One open difference is that players do not sit right across from all(prenominal) other, removing any power to observe others re follow outs and dust language. Instead, online poker players memorise to focus more keenly on opponents betting patterns, reaction time, drive on of play, use of check boxes/ political gondola plays, opponents fold/flop particles, schmooze box, time lag for the big blind, beginners tells, and other behavior tells that are not physical in nature. Since poker is a game that conducts hold office, successful online players learn to master the new frontiers of their surroundings. some other less obvious difference is the rate of play. In brick and mortar casinos the school principal has to collect the cards, shuffle, and deal them afterwards every hand. Due to this and other delays common in offline casinos, the fairish rate of play is nigh thirty hands per hour. However, online casinos do not have these delays. The transaction and walk are instantaneous, there are no delays relating to counting chips (for a bring out pot), and on average the play is prompt due to â€Å"auto-action” buttons (where the player selects his action before his turn).It is not uncommon for an online poker table to average ninety to one hundred hands per hour. thither are umpteen ways in which online poker is considerably cheaper to play than conventional poker. firearm the rake structures of online poker sites big businessman not differ essentially from those in brick and mortar operations, most of the other successive expenses that are entailed by playing poker in a bed room do not exist in online poker. An online poker player infrastructure play at home and thus incur no transportation costs to get to and from the poker room.Provided the player already has a jolly ultra new-fangled computer and an Internet connection, there are no further up-front equipment costs to get started. at that place are in any case considerable incidental expenses once on a croak poker table. In addition to the rake, tipping the dealers, chip runners, servers and other casino employees is almost universally expected, putting a further run out on a players profits. Also, whereas an online player trick enter and leave tables almost as he pleases, once seated at a live table a player must(prenominal)(prenominal) remain there until he wishes to stop playing, or else go back to the bottom f the waiting list.Food and beverages at casinos are mostly dearly-won even compared to other hospitality establishments in the same city, let alone compared to at home, and casino managers feel teensy fillip to provide any complementary food or drink for poker players. [citation needed] In the brick and mortar casinos, the only real way a player can attach his earnings is to increase his limit, likely encountering intermit opponents in the process. In the online world, players have another option: play more tables.Unlike a traditional casino where it is physically unsurmountable to play at more than one table at a time, most online poker rooms permit this. Depending on the site and the players ability to make straightaway decisions, a player might play several tables at the same time, consider them individually in a fraction window on the computer display. For example, an average profit around $10 per blow hands at a low-limit game is generally considered to be well(p) play. In a casino, this would earn a player under $4 an hour. by and by dealer tips, the â€Å"winning” player would probably barely divulge even before any other incidental expenses. In an online poker room, a player with the same win rate playing a relatively aristocratical pace of four tables at once at a relatively unemployed 60 hands per hour each earns about $24/hour on average. The main restriction limiting the number of tables a player can play is the need to make consistently good decisions deep down the allotted time at every table, but some online players can effectively play up to eight-spot or more tables at once.This can not only increase profit but can also champion to keep a players income reasonably stable, since alternatively of staking his finished bankroll on one higher limit table he is splitting his bankroll, wins and losses amongst some inflict limit tables, probably also encountering somewhat less skilled opponents in the process. Another important difference forces from the fact that some online poker rooms offer online poker schools that teach the basics and significantly speed up the learning curve for novices. some(prenominal) online poker rooms also provide save money play so that players whitethorn practice these skills in various poker games and limits without the risk of losing real money, and generally offer the hand history of played hands for analysis and discussion using a poker hand converter. People who previously had no way to learn and improve because they had no one to play with now have the ability to learn the game much ready(a)er and gain experience from secrete-money play. The limits associated with online poker range down to far diswhitethorn levels than the table limits at a traditional casino.The marginal cost of initiative each online table is so diminished that on some gambling sites players can find limits as low as $. 01â€$. 02. By comparison, at most brick and mortar establishments the lowest limits are often $1â€$2. Few (if any) online poker sites allow action to be taken â€Å"in the disastrous”, while this is usually allowed and applied by players in real gaming houses. It is also not uncommon for online poker sites to not allow a player the option of showing their hand before plica if they are the giving up the pot to the last remaining punter. This practice is also regularly allowed in casinos. edit]Online casino From Wikipedia, the free encyclopedia This article needs excess citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (March 2013) Online casinos, also know as virtual(prenominal) casinos or Internet casinos, are online renditions of traditional (â€Å"brick and mortar”) casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. Online casinos generally offer odds and vengeance percentages that are comparable to land-based casinos.Some online casinos cl postulate higher payback percentages for expansion schedule machine games, and some publish payout percentage audits on their websites. assuming that the online casino is using an appropriately programmed ergodic number germ, table games like cosh have an established house e dge. The payout percentage for these games are established by the rules of the game. Many online casinos lease or grease ones palms their software product system from companies like Microgaming, Realtime Gaming, Playtech, International Game applied science and CryptoLogic Inc. Online casino typesOnline casinos can be divided into two groups based on their interface: web-based and transfer-only casinos. Some casinos offer both interfaces. [edit]Web-based online casinos Web-based online casinos are websites where users may play casino games without downloading software to the local computer. Games are chiefly represented in the browser plugins Macromedia Flash, Macromedia Shockwave, or Java and require browser support for these plugins. Also, bandwidth is needed since all artistry, sounds and animations are unshakable through the web via the plugin. Some online casinos also allow gameplay through a straightforward HTML interface.Apple devices such as iPod, iPad and iPhone cann ot play Flash games as the technology is not supported. [edit]Download-based online casinos Download-based online casinos require the download of the software client in order to play and wager on the casino games offered. The online casino software connects to the casino service provider and handles tactile sensation without browser support. Download-based online casinos generally run faster than web-based online casinos since the graphics and sound programs are located at heart the software client, rather than having to be loaded from the Internet.On the other hand, the initial download and installation of a download-based online casino client does take time. As with any download from the Internet, the risk of the program giveing malware does exist. Still the graphics and sounds at download-based online casinos are most of the time much better than those at web-based online casinos. [edit]Online casino game variants The game types through the online casino interface can also be divided into two categories: live casinos, which offer live interactive casino gaming via video link, and virtual casinos, which provide computer simulations of popular casino games. citation needed]However, there is a great deal of crosswalk surrounded by the two, as most of the major virtual casinos now offer live gaming, and websites that are predominantly marketed as live casinos usually tend to offer virtual gaming in addition to live dealer games. [citation needed] [edit]Virtual casino games In a virtual casino game, the outcome of each game is dependent on the data produced by a pseudorandom number generator (PRNG). This determines the order of the cards in card games, the outcome of a die throw, or the results produced by the passning of a slot machine or roulette wheel.PRNGs use a set of mathematical operating instructions known as an algorithmic program to generate a long stream of rime game that give the impression of true up randomness. While this is not the sam e as true random number generation (computers are incapable of this without an external input source), it provides results that meet all but the most fuddled requirements for true randomness. [1] When implemented correctly, a PRNG algorithm such as the Mersenne Twister give ensure that the games are both fair and unpredictable.However, the player has to take it on self-assertion that the software has not been rigged to increase the house edge, as its inner works are in transparent to the user. Properly correct online casinos are audited externally by independent regulators such as eCOGRA to ensure that their win percentages are in line with the stated odds, and this provides a degree of assurance to the player that the games are fair. [citation needed] [edit]Live dealer casino games In a live casino game, a human dealer runs the game in real time from a casino gaming table, which can be seen via a live streaming video link.Players can make betting decisions via a console on the ir computer screen, and can go past with the dealer using a textbook schmooze function. The results of the physical transactions by the dealer, such as the outcome of the roulette wheel spin or the dealing of cards, are translated into data that can be utilized by the software by means of optical character intelligence (OCR) technology. This enables the player to interact with the game in much the same way as they would with a virtual casino game, only for the fact that the results are determined by real-life actions rather than automated processes.These games are a lot more expensive for websites to array than virtual games, as they involve a heavier investment in technology and staffing. A live casino studio typically employs one or more cameramen, several croupiers running the various games, an IT manager to ensure that any technical hitches are dealt with swiftly, and a pit boss that acts as an adjudicator in case of disputes between players and croupiers. In most cases, t his requires at least a trio room setup, comprising a live studio, a server/software room, and an analyst’s room.The configuration of these rooms varies from casino to casino, with some having several gaming tables in one room, and some having a integrity table in each room. [2] The high running costs involved with operating live dealer games is the reason why online casinos only tend to offer a fistful of the most popular games in this format, such as roulette, blackjack, sic bo, chemin de fer, and poker. In comparison, the running costs associated with virtual games are very low, and it is not uncommon for online casinos to offer hundreds of different virtual casino games to players on their site.Online casinos vary in their approach to the hosting of live games, with some providing live games via their own television channel, and others offering the games exclusively via their website. In the case of televised games, players can often use their alert phone or televisi on remote controls to designate bets instead of doing so via a computer connected to the mesh. [edit]Games offered A typical survival of the fittest of gambling games offered at an online casino might include: Baccarat Blackjack make line roulette Sic bo Online slot games Online poker bingo Bingo 31 Online lottoFrom Wikipedia, the free encyclopedia This article needs supernumerary citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2010) Online keno is the game of bingo (US|UK) played on the Internet. It is estimated that the global raw gaming yield of bingo (excluding the United States) was US$500 million in 2006, and it is imageed to grow to $1 billion by 2010. [1] Unlike screw thumps used in unbendable bingo halls, online bingo sites use a random number generator.Most bingo halls also offer links to online poker and casino offerings as the patrons are often in the brand market. One notable feature of online bingo is the chew the fat functionality. Bingo sites hand to foster a sense of partnership and interaction between players as this helps node retention. [edit]Main types of bingo games There are four main types of bingo played around the world. In live North American bingo halls, they typically play the 75-ball version of bingo on a 5×5 card with the center square usually marked ‘free.The letters B-I-N-G-O typically sit atop the 75 ball bingo card and they correspond with each of the five tugboats found on the bingo card. The desired pattern which players aim to achieve in 75 ball can vary dramatically, from a simple-minded single line to more complicated themed patterns. The aim of the game, however, is constantly the same: to mark off the poem to achieve the desired pattern. re gallus Bingo is a variation played exactly the same, but meter are simply called much quicker. In the UK, split of Europe, Australia and parts of South America they play a 90-ball game, marked on a 9×3 card.Both types of bingo are prominent online. In 90-ball bingo, each card has trey horizontal lines and nine chromatography columns. severally line contains five poem, core each card has 15 numbers. The first column contains numbers from 1-9, the second column contains numbers from 10-19, the third column contains numbers from 20-29, all the way through to the utmost column which contains numbers from 80-90. A game of 90 ball bingo testament normally be played in triad stages: one line, two lines and full house. In a â€Å"one line” game players need to mark a accomplished horizontal line across one card (i. e. , 5 numbers marked).The aim of a ‘two lines game is to complete any two marked lines horizontally across one card (i. e. , 10 numbers marked). Finally a â€Å"full house” means all the numbers marked off on one card (all 15 numbers), as in a regular coverall game. The prize spl it differs for each stage of the game. The prize leave alone be shared equally among the winners if there is more than one. The full house is always the largest prize in any one game. A third type of bingo game is a rather quick game of bingo. It is played with 30 balls, numbered one through thirty and appropriately known as 30 ball bingo or speed bingo.The 30 ball bingo game utilizes a 3 à 3 card and the object of the game is to be the first bingo player to â€Å"fill” his or her card, which requires all nine numbers on your card to match the numbers that have been called out. The fourth main type of bingo game is 80 ball bingo, which is a hybrid between the 75 ball bingo rules and 90 ball bingo rules. The bingo cards are 4×4, thus they contain 16 numbers. Prizes are awarded in 80 ball bingo vary, depending on the game played. Some of the ways to win 80 ball bingo include universe the first player to complete an entire line on their bingo card.The â€Å"line” can be horizontal, diagonal, or vertical. acquiring â€Å"four corners” also constitutes a win in some 80 ball bingo games, whilst other games require treble lines (1 or two lines), and unflurried others require a full house. [edit]History One of the soonest known online bingo games, launched in 1996, was a free bingo game called â€Å"Bingo Zone”. [2] To play, members had to provide demographic information; in turn, members would receive targeted ads based on the demographics provided. [3] Another early pioneer for free online bingo was Uproar, which launched Bingo Blitz in 1998. 4]Getting started Some operators require players to download free software to play their games. Other operators use JavaScript or Adobe Flash based games that allow you to play immediately online after registering a player account. Most sites accept a standard range of e-wallet funding options. Sites often provide a number of incentives to deposit, including matching bonuses where the sit e go away yield depositing players by matching a percentage of their deposit. Recently, the US government has passed laws that limit banks ability to process credit cards for US citizens.The laws prevent US based wages providers from taking payments for online gaming. [edit]Playing Playing bingo online, players can make use of optional features which make playing the game easier, such as auto-daub. Auto-daub automatically marks off the numbers on cards as they are called, so players dont have to. Most software providers support other gaming features as â€Å" better(p) Card Sorting” and â€Å"Best Card Highlighting” where players cards are sorted and highlighted by closest to bingo. There is variety among the different kinds of bingo games that can be played.For example, some inexpensive game rooms appeal to the player who may want to play for just a 10 cents or 10 pence; some bingo games only allow players to purchase the same fare of cards so they are not compet ing against the â€Å"high rollers” out there who buy many cards for the same game. [edit]Chat Whereas in land-based bingo where public lecture is strictly forbidden during a game, it is actively encouraged in online bingo. Chat functions as an effective retention tool, aimed especially at the predominantly female audience. It is customary for players to hook winning players with comments like â€Å"WTG,” or â€Å" substance To Go”.Much like instant messaging, online bingo schmooze communities have their own acronyms which are often used in convert of often repeated sentences. CM stands for â€Å"chat monitor”. (This can also stand for chat moderator; in some other sites you may have â€Å"CH” which stands for chat host. ) The CM works for the bingo site as the host of a chat room and plays a utilisation in welcome players and creating a friendly and communal airwave in the room. This includes, but is not restrict to, congratulating players when they win a game as well as playing chat games in-between bingo.Most sites have a chat protocol known as chat etiquette or chatiquette. [edit]Bingo networks There are a number of sites that allow for have the same promotions, similar graphics, the same bingo rooms and the same CMs. This occurs because they are part of a bingo â€Å"network”. In simple terms, this means a number of different sites (or â€Å"front ends”) are playing with the same numbers for the same jackpot (i. e. , the same back end). Multiple sites act as doorways to a single game, leading to bigger pools of players in chat rooms and more sizable pots to win, in an arrangement known as White Label Gaming. 5]While the bingo software is the same, the brand owners are responsible for the look and feel of the site, in concert with any promotions they wish to offer. This is an important feature of online bingo in that it is critical that any site have enough players to have a decent sized game. Hence, the bingo network â€Å"shares” players. Some operators involve not to pool their players together and because they segregate their players, they operate on a stand-alone network, which again can be via â€Å"white label” (Brigend limit is the most commonly used stand-alone white label software) or can be done through the use of proprietary software. edit] Sports betting is the activity of predicting sports results and placing a wager on the outcome. [edit]Types of bets See also: Glossary of bets offered by UK bookmakers [edit]United States of America asunder from simple wagers such as betting a friend that ones favorite baseball squad leave alone win its division or buying a football â€Å"square” for the highly Bowl, sports betting is commonly performed through a bookmaker or through various online Internet electric numbers. The many types of bets include: Straight Bets are wagers that are made against the spread.The spread, or line, is a number assig ned by the bookmakers which handicaps one team and favors another. For example, in the NBA, when two teams play each other, one is perceived as world more likely to win. To attempt to make wagering on the underdog desirable, the bookmaker bequeath give them points. Before game 5 of the 2012 NBA Finals, the Miami heating were expected to beat the Oklahoma metropolis Thunder. The line read: Miami -3, Oklahoma city +3. To determine who wins against the spread, the line is either added or subtracted from a teams final stain.In the above example, if the bettor chose Miami, he would subtract 3 points from Miamis final mark off and compare that to Oklahomas final score. For him to win his bet, Miami would have to win the game by 4 points or more. This is the most common type of bet in sports. suggest bets are wagers made on a very specific outcome of a match. Examples include guessing the number of addresss each team scores in a handball match, betting whether a player lead score in a football game, or wagering that a baseball player on one team pull up stakes accumulate more hits than another player on the opposing team.Parlays involve manifold bets (usually up to 12) and ordain reward a successful bettor with a large payout. For example, a bettor could include four different wagers in a four-team parlay, whereby he is wagering that all four bets will win. If any of the four bets fails to cover, the bettor loses the parlay, but if all four bets win, the bettor receives a easily higher payout (usually 10-1 in the case of a four-teamer) than if he made the four wagers separately. modernised parlays. A progressive parlay involves triplex bets (usually up to 12) and rewards successful bettors with a large payout, though not as large as normal parlays.However in a progressive parlay, unlike a regular parlay, a reduced payout will still be made even should some of the bets lose. Teasers. A teaser allows the bettor to ruffle his bets on two or more differen t games. The bettor can localise the point spreads for the two games, but must get all the games correct to win and recognizes a unhorse indemnification in comparison to parlays. If bets. An if bet consists of at least two straight bets joined together by an if clause which determines the wager process.If the player’s first survival of the fittest complies with the stipulate (clause), then the second selection will have action; if the second selection complies with the condition, then the third selection will have action and so on. belong line, puck line or goal line bets. These are wagers offered as alternatives to straight-up/moneyline prices in baseball, hockey or soccer, respectively. These bets feature a fixed point spread that (usually) offers a higher payout for the favorite and a lower payout for the underdog (both in comparison to the moneyline). Future wagers.While all sports wagers are by definition on future events, bets listed as â€Å"futures” gener ally have a long-term horizon measured in weeks or months; for example, a bet that a certain NFL team will win the highly Bowl for the approaching season. Such a bet must be made before the season starts in phratry, and winning bets will not pay off until the conclusion of the Super Bowl in January or February (although many of the losing bets will be clear well before then and can be closed out by the book). betting odds for such a bet generally are expressed in a ratio of units remunerative to unit wagered.The team wagered upon might be 50-1 to win the Super Bowl, which means that the bet will pay 50 times the amount wagered if the team does so. Head-to-Head. In these bets, bettor predicts competitors results against each other and not on the overall result of the event. One example are practice One races, where you bet on two or ternary drivers and their set upment among the others. sometimes you can also bet a â€Å"tie”, in which one or both drivers either have t he same time, drop out, or get disqualified. Totalizators.In totalizators (sometimes called flexible-rate bets) the odds are changing in real time according to the share of total exchange each of the possible outcomes have accepted taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount set(p) on the winning result will be given back to bettors and 10% goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing. second half bets.A 2nd half(Second half) bet is also sometimes called a halftime bet. This bet is placed only at halftime of a particular unobjectionable event. This bet can be placed on the spread(Line) or over/under. The resulting bet that is placed is won or lost only on the points scored by both teams in the second half only. In-play betting. In-play bett ing is a feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. [edit]Bookmaking The general role of the bookmaker is to act as a market maker for sports wagers, most of which have a binary outcome: a team either wins or loses.The bookmaker accepts both wagers, and maintains a spread (the vigorish) which will ensure a profit disregarding of the outcome of the wager. The Federal Wire represent of 1961 was an attempt by the US government to prevent il heavy bookmaking. [1] However, this Act does not apply to other types of online gambling. [2] The Supreme solicit has not ruled on the kernel of the Federal Wire Act as it pertains to online gambling. Bookmakers usually hold a 11-10 proceeds over their customersâ€for small wagers it is closer to a 6-5 advantageâ€so the bookmaker will most likely survive over the long term.Successful bookmakers must be able to withstand a large defraud term loss. (Boyd, 1981) M any of the leading gambling bookmakers from the 1930s to the 1960s got their start during the bar era of the 1920s. They were oftentimes descendants of the influx of immigrants coming into the USA at this time. Although the common stereotype is that these bookies were of Italian descent, it has been proven that many of the leading bookies were of eastern European Judaic Ancestry. (Davies, 2001) Mobile gambling From Wikipedia, the free encyclopediaMobile gambling refers to playing games of chance or skill for money by using a remote device such as a tablet computer, smartphone or a vigorous phone with a wireless internet connection. Over a dozen nomadic casinos are operating as of March 2011. [edit]Market In 2005, Jupiter Research forecast that global mobile gambling services would generate revenues of more than $19. 3 billion US dollars by 2009. [1] In 2010, Gartner analysts showed the 2009 global mobile gambling revenues at $4. 7 billion and forecast $5. 6 billion for 2010. 2] Such a large variableness between the 2005 forecast and the 2009 reality is attributed to the unlooked-for 2006 US prohibition of all internet based gambling. The mobile gambling market, as of 2011 is still in flux. The European confederation still does not have a unified mobile gambling legislative framework in place. Each European country has their own set of wide different laws which regulate mobile gambling ranging from Finland where a government monopoly operates internet casinos to Norway which is in favor of complete prohibition of online gambling. [edit]Market projections agree to a Juniper Research enshroud[3] released in September 2010 the total sum wagered on mobile casino games is expected to surpass $48 billion US dollars by 2015. The report bases this prediction on (1) the high egress rates of mobile casinos, lotteries and sports betting providers in major emerging markets and China; (2) relaxation of mobile gambling legislation in Europe; (3) United States repe aling the Unlawful Internet Gambling Enforcement Act of 2006, permitting people in the US to legally gamble online again. [3] A 2010 Gartner forecast sees 2014 global mobile gambling revenues reach $11. billion dollars. [2] [edit]Mobile casino games According to a February 2010 comScore MobiLens force field[4] of the U. S. mobile gaming market, smartphone subscribers are much more likely to play mobile casino games than subscribers of generic phones. The study revealed that 7. 6% of smartphone subscribers and 1. 2% of generic mobile subscribers played mobile casino games within a triad month time frame. [4] As of March 2011, there is a total of approximately 100 casino style mobile games which permit the use of real money:[citation needed] BaccaratBaccarat[1] is a card game, played at casinos and by gamblers. There are three popular variants of the game: punto banco (or â€Å"North American baccarat”), baccarat chemin de fer, and baccarat banque (or â€Å"à deux tableau x”). Punto banco is strictly a game of chance, with no skill or schema involved; each players moves are oblige by the cards the player is dealt. In baccarat chemin de fer and baccarat banque, by contrast, both players can make choices, which allows skill to play a part. Despite this, the winning odds are in favour of the bank, with a house edge no lower than around 1 per cent.Baccarat is a comparability card game played between two hands, the â€Å"player” and the â€Å"banker. ” Each baccarat coup has three possible outcomes: â€Å"player” (player has the higher score), â€Å"banker,” and â€Å"tie. ” Blackjack From Wikipedia, the free encyclopedia This article is about the gambling game. For other uses, see Black Jack (disambiguation). Blackjack, also known as twenty-one, is the most widely played casino banking game in the world. [1] Blackjack is a comparing card game between a player and dealer, meaning that players compete against the dealer but not against any other players.Blackjack is played with one or more decks of 52 cards. The object of the game is to reach 21 points or to reach a score higher than the dealer without exceeding 21. The player or players are dealt an initial two card hand and add the total of their cards. Face cards (Kings, Queens, and Jacks) are counted as ten points. The player and dealer can count his own ace as 1-point or 11 points. All other cards are counted as the mathematical value shown on the card. After receiving their initial two cards, players have the option of getting a â€Å"hit,” which means taking an additive card.In a given round, the player or the dealer wins by having a score of 21 or by having the highest score that is less than 21. Scoring higher than 21 (called â€Å"busting” or â€Å"going bust”) results in a loss. A player may win by having any final score less than 21 if the dealer busts. If a player holds an ace valued as 11, the hand is ca lled â€Å"soft”, meaning that the player cannot go bust by taking an additional card; otherwise, the hand is â€Å"hard”. The dealer has to take hits until his cards total 17 or more points. (In some casinos, the dealer also hits on a â€Å"soft” 17, e. g. nitial ace and six. ) Players who do not bust and have a total higher than the dealer, win. The dealer will lose if he or she busts, or has a lesser hand than the player who has not busted. If the player and dealer have the same point total, this is called a â€Å" force back” and the player typically does not win or lose money on that hand. Many rule variations of blackjack exist. Since the 1960s, blackjack has been a high profile target of advantage players, particularly card counters, who impression the profile of cards that have been dealt and adapt their wager and playing strategies accordingly.Other casino games providential by blackjack include Spanish 21 and pontoon. The recreational British card game of black jack is a shedding-type game and unrelated to the subject of this article. ca-ca is a die game in which the players make wagers on the outcome of the roll, or a serial publication of rolls, of a pair of dice. Players may wager money against each other (street craps, also known as shooting dice or drum roll dice) or a bank (casino craps, also known as table craps).Because it requires little equipment, street craps can be played in informal settings Roulette is a casino game named after a French diminutive for little wheel. In the game, players may choose to place bets on either a single number or a range of numbers, the colors red or black, or whether the number is odd or even. To determine the winning number and color, a croupier spins a wheel in one direction, then spins a ball in the opposite direction around a tilt circular track running around the circumference of the wheel.The ball eventually loses whim and falls on to the wheel and into one of 37 (in Fr ench/European roulette) or 38 (in American roulette) colored and numbered pockets on the wheel. Sic bo (??), also known as tai sai (??), dai siu (??), big and small or hi-lo, is an unequal game of chance played with three dice, and of ancient Chinese origin. rare hazard and chuck-a-luck are variants, and of face origin. The typographical error meaning of sic bo is â€Å"precious dice”, while dai siu and dai sai mean â€Å"big [or] small”. Sic bo is a casino game, popular in Asia and widely played (as dai siu) in casinos in Macau.It is played in the Philippines as hi-lo[citation needed]. It was introduced into the USA by Chinese immigrants in the early 20th century, and can now be found in most American casinos. Since 13 May 2002, it can be played legally in licensed casinos in the United Kingdom, under The Gaming Clubs (Bankers Games) (Amendment) Regulations 2002 (Statutory Instrument 2002/1130). Gameplay involves betting that a certain condition (e. g. that all thr ee dice will roll the same) will be satisfied by a roll of the dice. [1] [edit]VariantsGrand Hazard is a gambling game of English origin, also played with three dice. (It is distinct from Hazard, another gambling game of Old English origin, played with two dice. ) The dice are rolled down a chute containing a series of inclined planes that tumble the dice as they fall[citation needed]. Chuck-a-luck, also known as birdhenhouse, is a variant in the United States, which has its origins in grand hazard. The three dice are kept in a device that resembles a wire-frame bird cage and that pivots about its centre. The dealer rotates the cage end over end, with the dice landing on the bottom.Chuck-a-luck usually features only the single-number wagers, sometimes with an additional wager for any â€Å"triple” (all three dice showing the same number) with odds of 30 to 1 (or thereabouts). Chuck-a-luck was once common in Nevada casinos but is now rare, frequently having been replaced by si c bo tables A slot machine (American English), informally fruit machine (British English), the slots (Canadian English), poker machine or â€Å"pokies” (slang) (Australian English and New Zealand English) or simply slot (American English), is a casino gambling machine with three or more reels which spin when a button is pushed. slot machines are also known as one-armed bandits because they were originally operated by a lever on the side of the machine (the arm) instead of a button on the front panel, and because of their ability to leave the gamer penniless (bandit). Many modern machines still have a legacy lever in addition to the button. Slot machines include a currency sensor that validates the coin or money inserted to play. The machine pays off based on patterns of symbols visible on the front of the machine when it stops. redbrick computer technology has resulted in many variations on the slot machine concept.Slot machines are the most popular gambling method in cas inos and constitute about 70 percent of the average US casinos income. Keno (pron. : /ki?no?/) is a lottery or bingo gambling game often played at modern casinos, and is also offered as a game in some state lotteries. A traditional live casino keno game uses a circular drinking glass enclosure called a â€Å"bubble” containing 80 balls which determine the ball draw result. Each ball is imprinted with a number 1 through 80. During the ball draw, a cetacean mammal pushes air into the bubble and mixes the balls.A â€Å"caller” presses a lever opening a underpass, where the balls rearing one at a time into a â€Å"V” shaped tube called the â€Å"rabbit ears”. The caller and a â€Å" verifier” record each of 20 balls drawn, and the computerized keno system calculates all wagers based on the numbers drawn. Players wager by crisscross an â€Å"S” over the â€Å"spot” choices on a blank keno ticket form with 80 numbered selection boxes ( 1 to 80). After all players successfully place their wagers, the casino draws 20 balls (numbers) at random. Some casinos automatically call the ball draw at preset timed intervals regardless of whether or not players are waiting to place a wager.Each casino sets its own series of pay scale choices called â€Å"paytables”. The player is paid based on how many numbers drawn match the numbers selected on the ticket and according to the paytable selected with regard to the wager amount. Players will find a wide variation of keno paytables from casino to casino and a large deviation in the house edge set for each of those paytables. Additionally, each casino typically offers many different paytables and specialty keno bets for customers to choose from, each with its own unique house edge.No two casinos keno paytables are identical. There are several Reno and Las Vegas casinos offering as many as 20 or 30 different paytables from which the player can choose. [citation needed] The h ouse edge ranges from less than 4%[1] to well over 35%. [2] The typical house edge for non-slot casino games is between 0% and 5%. [3] With 227 outlets nationwide, e-Games is an Internet outlet dedicated to casino games. With technology provided by PhilWeb, patrons can choose from over three hundred casino games, including baccarat, blackjack, various slot machine games, video poker and others.Most e-Games cafes operate 24/7. You can easily switch from one game to another with just a click. Experience the comfort and privacy at e-Games nearest you. pinas online games Individuals registered with DTI or companies registered with SEC may apply to become authorized e-Games outlet Operators. The e-Games operator handles the day-to-day operations of the e-Games and gets a monthly commission based on winnings. A typical e-Games outlet would have at least ten (10) customary PCs connected in a topical anesthetic Area Network setup and a bankrupts terminal.At any given time, there are at least only three (3) staff in the outlet. Thus, overhead is minimal. Most e-Games outlets are open 24/7 and every transaction is in cash. Globally, sports betting accounts for a huge chunk of all gambling revenue. In the Philippines, legal sports betting is still in its infancy, however, the sports psyche of the Filipino has become broader and more open to games other than basketball. Realizing the potential inherent in Filipinos’ expanding sports interest, PhilWeb partnered with MegaSportsWorld (MSW) to offer sports betting via our network of e-Games cafes.MSW is a fully licensed sports book registered in the Philippines. It operates within strict guidelines of licenses issued by PAGCOR, the main regulative body for the gaming industry in the Philippines. Betting is simple. A punter chooses from a list of sports events, game formats, and their corresponding odds. erstwhile the punter is ready to make a bet, he hands his money to the cashier. The cashier then enters the bet into the system and prints out a ticket, which also serves as the song stub for any winning bets.PhilWeb breadbasket is the leading gaming technology provider in the Asia Pacific Region. We are listed on the Philippine Stock Exchange (PSE:WEB). PhilWeb excels in the gaming industry by providing best and innovative products with the highest standards of customer service. We establish strategical partnerships to ensure a fair, secure and legal gaming experience for our customers. We create a rewarding and dynamic work environment where we attract, retain and motivate highly competent, concupiscent and innovative people, and deliver above-market value for our shareholders.PhilWeb right away serves over 40,000 customers a day at our nationwide network of online cafés, sports betting kiosks and mobile games in the Philippines. In the Asia Pacific region, we have just begun serving customers in Guam, Timor Leste and Cambodia, markets which will exponentially increase our custom er base. We are also negotiating similar contracts in Nepal, Sri Lanka, Laos and Palau, as we go to press. We are a feed organization, with just 300 employees at the end of September 2012, but a highly productive one. In the last five years, we have generated\r\n'