Banking Terms Based on the word / phrase from letter B (Part III / end) :
Bank Notes.
Banknotes (UangKertas Foreign / UKA).
The currency notes in the official foreign currency issued by a country outside of Indonesia that is recognized as legal tender, the country concerned (legal tender
Bank Operational I.
Bank is appointed by the Minister of Finance to manage revenues and expenditures that burden the State Treasury Account, in areas where there are no Bank Indonesia
Asian Development Bank (Asian Development Bank / ADB).
Is a multilateral financial development institutions (multilateral development financial institution) owned by 65 members, 47 from Asia and 18 others from around the world. The vision of the ADB is a region free of poverty. Its mission is to assist developing member countries reduce poverty and improve the quality of life of residents concerned member states.
Islamic Development Bank (Islamic Development Bank).
Is an international financial institution established under the 'Declaration of Intent "issued by the" Conference of Finance Ministers of Muslim Countries "in Jeddah on Dul Q'adah 1393 H (December 1993). Bank formally opened on 15 Shawwal 1395 H or October 20, 1975.
Bank Paying (Paying Bank).
Banks are making a payment to the recipient (beneficiary) upon submission of required documents in the Letter of Credit undocumented Domestic (SKBDN). (9). (Source: Bank Indonesia).
Financing Bank Rakyat Syariah (BPRS).
Islamic Banking is that the activity does not provide traffic services in the payment referred to in Law Number 21 Year 2008 on the previous Syariah.Istilah Banking is 'Sharia Rural Banks' (13). (Source: Bank Indonesia).
Banks accepting (Accepting Bank).
Acceptance is the Bank doing on notes undocumented Domestic Letters of Credit (SKBDN)
Sending bank (Remitting Bank).
Is a bank that sends the documents required in the Letter of Credit undocumented Domestic (SKBDN) to Bank Opening
Confirming Bank
Is confirmed Letter of Credit Bank undocumented Domestic (SKBDN) to bind themselves to pay, accept or transfer mergambil SKBDN draft drawn on it.
Transferor Bank (Transferring Bank).
Is the Bank at the request of Beneficiary (Beneficiary) implement the transfer of undocumented Domestic Letter of Credit (SKBDN), either wholly or partly to one or more other parties
Rural Banks (BPR).
Is a bank conducting business in the conventional or based on sharia principles in their activities do not provide payment services in the traffic.
Perception bank.
Is a bank designated by the Minister of Finance to accept the deposit of State receipts rather than in order to import, which includes tax revenue, domestic tax and non-tax state revenue.
Bank Limited.
Is the bank that all or at least 51% (fifty one percent) owned by the State
Central Bank (Central Bank).
Is a bank acting on behalf of "A State Government" with the right to issue currency for the country and are responsible in the management of money supply, interest rates and credit availability. Central Bank also manages foreign exchange reserves and exchange rates of currencies that State
Banks Take Over (BTO).
Banks dambil is over its management (controlled) by the Government. A Commercial Bank can be taken over when they have been using BLBI (Bank Indonesia Liquidity Assistance) exceeds 500% of paid up capital and use BLBI more than Rp. 2 trillion.
Interested banks.
Banks are obliged to make payments on notes drawn to him
Designated Banks (Nominated Bank).
Bank is authorized to make payment for performance, conduct acceptance of draft or negotiate (Negotiation).
Sole Bank.
Bank Indonesia was functioning as the manager of revenue and expenditure burden the State Treasury Account
Commercial Banks.
Is a bank conducting business in the conventional and or based on Sharia Principles in their activities providing payment services in the traffic
Basel II.
Is shorthand for "The New Basel Capital Accord" or "New Accord" recommended by the Basel Committee on Banking Supervision (BCBS), which is a committee of the Bank for International Settlements (BIS) based in Basel, Switzerland.
New Accord is a refinement of the July 1988 Agreement and its revision in 1996, which was formulated in 3 (three) pillars as follows:
Basel Committee (Basel Committee).
Is a committee of the Bank-Central Bank, the Bank or the supervisory authority of the State Banking Regulatory major industrialized nations who meet every 3 (three) months at the Bank for International Settlements in Basel. The committee co
Showing posts with label how to get a Mortages. Show all posts
Showing posts with label how to get a Mortages. Show all posts
Tuesday, August 16, 2011
Banking Terms Based on the word / phrase from letter B (Part II)
Banking Terms Based on the word / phrase from letter B (Part II) :
Blue Chip.
Is the common stock (common stock) that has a good fundamental performance, as always posted a profit in recent years, have a good peertumbuhan, divide the dividend, has a reputation for good management and so on
BMT (Baitul Mal wa Tamwil).
Are financial institutions engaged in three areas, namely:
(1) As financial institutions in this regard to manage money with a revenue sharing scheme, buying and selling, ijaroh and other forms;
(2) is as an institution engaged in the business unit (real sector).
(3) Engaged in the social field by managing funds from zakat, infaq, shodaqoh waqf.
Bookbuilding.
Is SBSN sales activities to the Party through the selling agent, where the selling agent in the purchase order to collect a predetermined bidding period
BOPO (Operational Cost of Operational Income).
Is the ratio of Operating Expenses to Operating Income is calculated as a percentage. BOPO is a measure of operational efficiency of banks, in other words, the smaller the percentage could be considered the more efficient bank operations are concerned, contrary BOPO that exceeds 100% indicates that the bank is operational loss due to higher cost of revenues
BOT (Build-Operate-Transfer).
Is a pattern in the investment of a project in which foreign suppliers build and operate an installation / project is complete with operating profits earn rewards projects / installations during a certain period (or before it handed over to local firms) as payment for the cost of construction or installation project which issued by overseas suppliers
Bretton Woods.
Or better known as the Bretton Woods System, is a system of monetary management (monetary management) which sets the rules governing commercial and financial relations among the major industrial countries of the world. Bretton Woods System is a rule that is first agreed in regulating monetary relations among independent nation-states in order to rebuild the shattered world economy after World War II.
Bridging Finance.
Is financing the (temporary) conducted either by a bank or investor financing before the company acquires a more definite (fixed) on a stage in the provision of credit or financing a project. If Bridging Finance made by the bank, it must be repaid after the actual financing provided. If Bridghing Finance by investors, the recall of Bridging Finance by investors after the credit from the banks liquid, can only be done with certain requirements in accordance with the bank credit agreement. Another term often used for such financing is a 'mezzanine financing
Broker Bidding Limit.
Is the nominal amount per day from the bank approval to the broker to do his bidding or auction Securities and OMO transactions for and on behalf of the Bank. Broker Bidding Limit must be set in a separate agreement between the Bank and Broker with the format of the agreement submitted to each Member of the BI-SSSS as needed. Banks are required to make a confirmation letter to the broker bidding limit designated broker and designated broker shall submit a letter of confirmation to the Operator Transactions with Bank Indonesia.
Interest (Interest).
Is the price paid for the use of money for a certain period of time. Interest is set based on a certain percentage of money that is used with a period of one year (pa or per-annum). Another term commonly used is the "Interest".
Stock Exchange.
Is the party that organizes and provides a system or means of trading securities (securities). In the past (before 2007) there are two (2) Stock Exchange, the Jakarta Stock Exchange (JSX) and Surabaya Stock Exchange (SSX). Both are run by the Limited Liability Company, the Jakarta Stock Exchange and Surabaya Stock Exchange. Holders of shares of stock exchange brokers are (broker) members of the relevant stock exchanges which have been obtained Izan business as a Broker-Dealer.
Business Plan.
Is a work plan that at least the following:
1. Feasibility study on market opportunities and economic potential.
2. Plan activities include raising and fund distribution activities as well as steps to be taken in realizing the plan; and
3. Projected balance sheet, income statement and cash flow statements monthly for 12 months starting from the bank's operational activities.
Above business plan (for a period of one year) is one attachment in applying for license filing principle the establishment of new banks. (2). (Source: Bank Indonesia).
Business Continuity Management (BCM).
Is a component of significant operational risk management, a comprehensive business approach that includes policies, standards and sprosedur to believe that a certain operating activities (specific) can be maintained or restored within a reasonable time in case of an emergency / disaster (disruption). Its goal is to minimize the consequences material to the operational, financial, legal, reputational as a result of emergency / disaster (disruption) is.
Buyer's Credit.
Is a facility given to the importer (buyer's) provided by banks abroad to finance imports of goods originating from the state bank facilities overseas providers. This facility is an exporter of government programs in order to increase exports of the country concerned. In this facility, the importer gets the credit facility in the form of delayed payments for imports (import financing) with relatively lower mortgage interest because fundingnya from the outside than the mortgage interest to be funded from domestic
Buyout (in the purchase of shares).
Are purchases made by outside investors by controlling majority shareholding in a company / bank (more than 50%) and thus the buyer becomes the controlling ownership of the company. Mastery is also known as the Leverage Buyout (LBO). Another popular term for the same thing is acquisition or Takeover.
Blue Chip.
Is the common stock (common stock) that has a good fundamental performance, as always posted a profit in recent years, have a good peertumbuhan, divide the dividend, has a reputation for good management and so on
BMT (Baitul Mal wa Tamwil).
Are financial institutions engaged in three areas, namely:
(1) As financial institutions in this regard to manage money with a revenue sharing scheme, buying and selling, ijaroh and other forms;
(2) is as an institution engaged in the business unit (real sector).
(3) Engaged in the social field by managing funds from zakat, infaq, shodaqoh waqf.
Bookbuilding.
Is SBSN sales activities to the Party through the selling agent, where the selling agent in the purchase order to collect a predetermined bidding period
BOPO (Operational Cost of Operational Income).
Is the ratio of Operating Expenses to Operating Income is calculated as a percentage. BOPO is a measure of operational efficiency of banks, in other words, the smaller the percentage could be considered the more efficient bank operations are concerned, contrary BOPO that exceeds 100% indicates that the bank is operational loss due to higher cost of revenues
BOT (Build-Operate-Transfer).
Is a pattern in the investment of a project in which foreign suppliers build and operate an installation / project is complete with operating profits earn rewards projects / installations during a certain period (or before it handed over to local firms) as payment for the cost of construction or installation project which issued by overseas suppliers
Bretton Woods.
Or better known as the Bretton Woods System, is a system of monetary management (monetary management) which sets the rules governing commercial and financial relations among the major industrial countries of the world. Bretton Woods System is a rule that is first agreed in regulating monetary relations among independent nation-states in order to rebuild the shattered world economy after World War II.
Bridging Finance.
Is financing the (temporary) conducted either by a bank or investor financing before the company acquires a more definite (fixed) on a stage in the provision of credit or financing a project. If Bridging Finance made by the bank, it must be repaid after the actual financing provided. If Bridghing Finance by investors, the recall of Bridging Finance by investors after the credit from the banks liquid, can only be done with certain requirements in accordance with the bank credit agreement. Another term often used for such financing is a 'mezzanine financing
Broker Bidding Limit.
Is the nominal amount per day from the bank approval to the broker to do his bidding or auction Securities and OMO transactions for and on behalf of the Bank. Broker Bidding Limit must be set in a separate agreement between the Bank and Broker with the format of the agreement submitted to each Member of the BI-SSSS as needed. Banks are required to make a confirmation letter to the broker bidding limit designated broker and designated broker shall submit a letter of confirmation to the Operator Transactions with Bank Indonesia.
Interest (Interest).
Is the price paid for the use of money for a certain period of time. Interest is set based on a certain percentage of money that is used with a period of one year (pa or per-annum). Another term commonly used is the "Interest".
Stock Exchange.
Is the party that organizes and provides a system or means of trading securities (securities). In the past (before 2007) there are two (2) Stock Exchange, the Jakarta Stock Exchange (JSX) and Surabaya Stock Exchange (SSX). Both are run by the Limited Liability Company, the Jakarta Stock Exchange and Surabaya Stock Exchange. Holders of shares of stock exchange brokers are (broker) members of the relevant stock exchanges which have been obtained Izan business as a Broker-Dealer.
Business Plan.
Is a work plan that at least the following:
1. Feasibility study on market opportunities and economic potential.
2. Plan activities include raising and fund distribution activities as well as steps to be taken in realizing the plan; and
3. Projected balance sheet, income statement and cash flow statements monthly for 12 months starting from the bank's operational activities.
Above business plan (for a period of one year) is one attachment in applying for license filing principle the establishment of new banks. (2). (Source: Bank Indonesia).
Business Continuity Management (BCM).
Is a component of significant operational risk management, a comprehensive business approach that includes policies, standards and sprosedur to believe that a certain operating activities (specific) can be maintained or restored within a reasonable time in case of an emergency / disaster (disruption). Its goal is to minimize the consequences material to the operational, financial, legal, reputational as a result of emergency / disaster (disruption) is.
Buyer's Credit.
Is a facility given to the importer (buyer's) provided by banks abroad to finance imports of goods originating from the state bank facilities overseas providers. This facility is an exporter of government programs in order to increase exports of the country concerned. In this facility, the importer gets the credit facility in the form of delayed payments for imports (import financing) with relatively lower mortgage interest because fundingnya from the outside than the mortgage interest to be funded from domestic
Buyout (in the purchase of shares).
Are purchases made by outside investors by controlling majority shareholding in a company / bank (more than 50%) and thus the buyer becomes the controlling ownership of the company. Mastery is also known as the Leverage Buyout (LBO). Another popular term for the same thing is acquisition or Takeover.
Saturday, July 23, 2011
How to get a Mortage - An Easy way to Get a Mortages
How to get a Mortage - An Easy way to Get a Mortages : to have ahome was be dream and desire almost of peoples. because the home is one of the essential thing in the life. with home, peoples can shelter and do all of they privacies there. home also can unifying the family and have much function others. im sure all of us in our childhood can feel more comfortable in our parents home than in someone else's home so we always hear "Home Sweet Home".
Tricks How to Get a Mortages in Easy
Now, how can we get and have our own home? there are many ways we can do such as heritage homes, buy in cash, and buy home loan with mortages. and the third way was a most choice of peoples. if you also have chosen this way, below we will see how can we get a mortages loan by easy. if you have known the science, tricks and how it can, you will say that its easy to get a mortage.
In below tricks that i will share you, you must have a fixed income every month with it Bank will give you a loan. because bank need to ensure that you will able to pay the monthly fee in your credit. the first that you need to do before take a mortages : you need to look the home directly, know the area, know about home type and prices, and especially you need to know all of terms in that mortages.
the second is take comparisons between the banks that offer Down Payment and the monthly installment / fee. take the best of them all. its recommended you use the most famous bank in your city. you also must ensure about the certificate of ownership and rights to build.
Third : prepare your Down Payment about 30% and if you are still able to make payment in 40% of Down payment to your application can be immediately approved by the analysts of the bank.
Forth
Now, how can we get and have our own home? there are many ways we can do such as heritage homes, buy in cash, and buy home loan with mortages. and the third way was a most choice of peoples. if you also have chosen this way, below we will see how can we get a mortages loan by easy. if you have known the science, tricks and how it can, you will say that its easy to get a mortage.
In below tricks that i will share you, you must have a fixed income every month with it Bank will give you a loan. because bank need to ensure that you will able to pay the monthly fee in your credit. the first that you need to do before take a mortages : you need to look the home directly, know the area, know about home type and prices, and especially you need to know all of terms in that mortages.
the second is take comparisons between the banks that offer Down Payment and the monthly installment / fee. take the best of them all. its recommended you use the most famous bank in your city. you also must ensure about the certificate of ownership and rights to build.
Third : prepare your Down Payment about 30% and if you are still able to make payment in 40% of Down payment to your application can be immediately approved by the analysts of the bank.
Forth
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