Amen Bank
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Amen Bank
Amen Bank is a private sector bank in Tunisia. It is listed in the Bourse de Tunis. Overview Amen Bank was founded in 1966, as a result of the independence from the Crédit Foncier d'Algérie et de Tunisie (CFAT), a local branch of the French banking system Société Centrale de Banque (later known as Société Générale) established as far back as 1880 and headquartered in Algiers, Algeria. In 1966, it changed its name to Crédit Foncier et Commercial de Tunisie (CFCT). Its first CEO was Ismail Zouiten, yet all its shareholders were French citizens. In 1971, it was bought by the Banque Générale d'Investissement, later known as PGI Holding, and opened to Tunisian shareholders as Rachid Ben Yedder became the new CEO. In 1995, it changed its name again to Amen Bank. In 2009, Amen Bank launched Tunisia's first online bank. In 2015, Amen Bank launched Tunisia's first online direct bank. Amen Bank made a request to the Central Bank of Tunisia to create a subsidiary specialized i ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liabil ...
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1966 Establishments In Tunisia
Events January * January 1 – In a coup, Colonel Jean-Bédel Bokassa takes over as military ruler of the Central African Republic, ousting President David Dacko. * January 3 – 1966 Upper Voltan coup d'état: President Maurice Yaméogo is deposed by a military coup in the Republic of Upper Volta (modern-day Burkina Faso). * January 10 ** Pakistani–Indian peace negotiations end successfully with the signing of the Tashkent Declaration, a day before the sudden death of Indian prime minister Lal Bahadur Shastri. ** Georgia House of Representatives, The House of Representatives of the US state of Georgia refuses to allow African-American representative Julian Bond to take his seat, because of his anti-war stance. ** A Commonwealth Prime Ministers' Conference convenes in Lagos, Nigeria, primarily to discuss Rhodesia. * January 12 – United States President Lyndon Johnson states that the United States should stay in South Vietnam until Communism, Communist aggression there is e ...
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Banks Of Tunisia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Established In 1966
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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List Of Banks In Tunisia
This is a list of commercial banks in Tunisia # Banque Al-Baraka # Arab Tunisian Bank (ATB) # Banque Franco Tunisienne (BFT) # Banque Nationale Agricole (BNA) # Attijari Bank # Banque de Tunisie (BT) # Amen Bank (AB) # Banque Internationale Arabe de Tunisie (BIAT) # Société Tunisienne de Banque (STB) # Union de Bancaire pour le Commerce et l’Industrie (UBCI) # (UIB) # Banque de l'Habitat (BH) # Citibank # Banque Tunisienne de Solidarite (BTS) # Arab Banking Corporation (ABC) and its subsidiary: ABC Tunisie # Tunisian Qatari Bank (TQB) # Banque de Tunisie et des Emirats (BTE) # Banque Tuniso-Koweitienne (BTK) # Banque de Financement des Petites et Moyennes Enterprises (BFPME) # Banque Tuniso-Libyenne (BTL) # Stusid Bank (STUSID) # Banque Zitouna (ZITOUNA) # Al Wifak Bank (WIFAK) See also * List of banks in Africa * List of banks in the Arab world * Central Bank of Tunisia * Economy of Tunisia * List of companies based in Tunisia References External link ...
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List Of Banks
Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Asia has a list of banks operating in that country * List of banks in the Americas – Each country in the Americas has a list of banks with operations in that country * List of banks in Europe – Each country in Europe has a list of banks operating in that country * List of banks in Oceania – Each country in Oceania has a list of banks operating in that country By super continent or intercontinental region * List of banks in the Arab world – Each Arab country has a list of banks operating in that country * List of largest banks in Southeast Asia – Each country in Southeast Asia has a list of banks with operations in that country Other lists * List of international banking institutions – List of international and multilateral financial institutions * List of systemically ...
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Tunis
''Tounsi'' french: Tunisois , population_note = , population_urban = , population_metro = 2658816 , population_density_km2 = , timezone1 = CET , utc_offset1 = +01:00 , timezone1_DST = , utc_offset1_DST = , postal_code_type = Postal code , postal_code = 1xxx, 2xxx , area_code_type = Calling code , area_code = 71 , iso_code = TN-11, TN-12, TN-13 and TN-14 , blank_name_sec2 = geoTLD , blank_info_sec2 = .tn , website = , footnotes = Tunis ( ar, تونس ') is the capital and largest city of Tunisia. The greater metropolitan area of Tunis, often referred to as " Grand Tunis", has about 2,700,000 inhabitants. , it is the third-largest city in the Maghreb ...
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Islamic Banking And Finance
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ...
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Central Bank Of Tunisia
The Central Bank of Tunisia ( ar, البنك المركزي التونسي, french: link=, Banque Centrale de Tunisie, BCT) is the central bank of Tunisia. The bank is in Tunis and its current governor is Marouane Abassi, who replaced Chedly Ayari on 16 February 2018. History Tunisia gained independence in 1956. The Central Bank of Tunisia was formed two years later in 1958. In December 1958 the newly created Tunisian dinar was disconnected from the French franc. The bank maintains a Money Museum which includes a collection of recovered Carthaginian coins. Tunisia had a historically low inflation. The Tunisian Dinar was less volatile in 2000–2010 than the currencies of its oil-importing neighbors, Egypt and Morocco. Inflation was 4.9% in fiscal year 2007–08 and 3.5% in fiscal year 2008–09. Operations The BCT has 12 branch banks. Governors Since its foundation, the following governors have succeeded at the head of the institution: * 30 septembre 1958 – 9 novembre ...
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Direct Bank
A direct bank (sometimes called a branch-less bank or virtual bank) is a bank that offers its services only via the Internet, email, and other electronic means, often including telephone, online chat, and mobile check deposit. A direct bank has no branch network. It may offer access to an independent banking agent network and may also provide access via ATMs (often through interbank network alliances), and bank by mail. Direct banks eliminate the costs of maintaining a branch network while offering convenience to customers who prefer digital technology. Direct banks provide some but not all of the services offered by physical banks. Direct bank transactions are conducted entirely online. Direct banks are not the same as "online banking". Online banking is an Internet-based option offered by regular banks. In the United States, direct banks are defined as online/branchless institutions with federal banking charters, with either the Federal Reserve Board, the Office of the Comptro ...
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Online Banking
Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of traditional branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a branch network and offers greater convenience to some customers by lessening the need to visit a branch bank as well as the convenience of being able to perform banking transactions even when branches are closed. Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and mak ...
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