TAILIEUCHUNG - Lecture Retail and merchant banking – Lecture 13

The receivables constitute a significant portion of current assets of a firm. But, for investment in receivables, a firm has to incur certain costs such as costs of financing the receivables and costs of collection from the receivables. Further there is a risk of bad debts also. | Revise Lecture 13 Financial Services Factoring Financial services Factoring: The receivables constitute a significant portion of current assets of a firm. But, for investment in receivables, a firm has to incur certain costs such as costs of financing the receivables and costs of collection from the receivables. Further there is a risk of bad debts also. Financial services Factoring: It is, therefore, very essential to have a proper control and management of receivables. In fact, maintaining receivables poses two types of problems; The problem of raising funds to finance the receivables The problem relating to collection, delays and defaults of the receivables. Financial services Factoring: A small firm may handle the problem of receivables management of its own, but it may not be possible for a large firm to do so efficiently as it may be exposed to the risk of more and more bad debts. In such a case, a firm may avail the services of specialied institution engaged in receivables .

• Marketing - Bán hàng
• Merchant banking
• Retail banking
• Lecture Retail and merchant banking
• Banking system
• Financial Services
• Features of factoring
• Public issue management
• History of Banking
• Banking system in Pakistan
• Pakistan Banking
• History of Pakistan Banking
• Branch banking
• Unit banking
• Group Banking
• Universal banking
• Asset management banking
• Basic lending principles
• Venture capital
• Project cost
• Profitability management
• Safety Issues
• Classification of loans
• Lending policies
• Evaluation of loan proposals
• Discounting of bills
• Negotiable instrument
• Promissory notes
• Negotiable instruments
• Bearer cheque
• Types of cheques
• Mutilated cheque
• Banker’s right
• Deposit account
• Types of deposit account
• Categories of securities issue