John Chibaya Mbuya Phd

Bank Securities Management: Managing the Back Office of the Bank John Chibaya Mbuya Phd

This book gives an understanding of bank securities and the role securities play in the banking industry. Securities management is crucial for the survival of any financial institution in the whole world. The recent global melt-down was caused partly by poor securities management. Among other things it teaches about: ? the role of securities in the banking industry ? the administration of securities in the bank ? types of securities used by banks ? the effect of Section 226 of the company's act ? the role of the branches in securities admin ? notification and acknowledgement of cession ? insurance policies as security ? guarantees by individuals ? guarantees by partners ? guarantees by a company ? cession of book debts ? pledge of other financial institution F/Ds ? monthly branch securities administrative duties ? half-yearly branch securities administrative duties ? yearly securities administrative duties ? different types of guarantees ? securities for credit facilities Securities management is one of the most important elements of banking but it is one of the least talked about, the least taught at universities & the least understood by bankers.