Unit banking is a kind of independently operated and spun-off activities from a larger parent financial institution or a bank.
It can be a specilized sector of a bank, like the trust operations, insurance, assets/leasing management or consumer lending operations. Some even go solely for funds transfer or remittance operations.
With unit banking, its leadership are usually secondments from the parent company assigned for the tasks and direction. The operations, pricing and structure of products and services are determined by the Unit Banking Heads and its approving officers down the line. On some countries, Unit Banking is still limited or tied with the parent company up to certain terms or conditions like capitalization, branding, maximum authorized transaction, client concentration and other risks. Still others still channel/depository services of the parent company in their daily operations and as such treated as ordinary client.
Unit Banking are can facilitate a quick client base buildup in a certain region or industry/sector. The same is true for rapid product or service marketing or disporition of non-performing assets.
is a local bank operating just as a single branch. An example of a unit bank is a community bank.
what is the definition of bank "drawdown"
The smallest unit in a bank is extension counter for bank branches. For money in bank that is one paisa.
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like a short definition
It is the definition of a unit rate.
It is a definition.
unit REFERS TO GENERATING UNIT AND COMMITMENT REFERS TO TURN IT ON
The definition of an Abmhos (Abmho) a unit of electrical conductance
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The size of any unit is, by definition, 1.
The Unit Rate Is The Quantity Of ONE Thing