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Commerical banker

Similarly banking sector has expanded and developed by leaps and bounds in south Asia. After china, Indonesia and Malaysia the banking sector in India, Bangladesh and Sri Lanka has been tremendously growing. This trend in the growth of banking sector has actually been the need of the economies to accommodate and sustain the needs of these economies. In fact commercial banking and its tremendous growth has been the pushing and pulling factor in the sustainable growth of these economies. The accelerated activity of agricultural sector, the small and medium enterprises, the construction and real estate have yielded the fairly large ground for commercial banking sector on local basis in south Asia. Since the return rates on any business in south Asian countries is the highest one in the world (almost 20 % per annum), there has been every chance of emergence and growth of commercial banking in South Asia.
A large number of fresh MBAs are attracted to the commercial banking and they get appropriate training facilities. Their remuneration in the commercial banks remained high and they also got monthly pro-rata commissions on their retail performance. The attitudes of young graduates employed in the banks are molded towards professionalism and business. ...Show more

Summary

Commercial banking has become the most popular as a career in south Asian countries. Commercial banking is actually the cumulative function of financial intermediary between financers and economic activities of a given country. The gross domestic product (GDP) of South Asian countries has been growing almost consistently @5.8% per annum on average over the last decade…
Author : vandervortmicah
Commerical banker essay example
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