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Essay / Research Paper Abstract
This 22 page paper looks at the banks and banking system of the US and Saudi Arabia, to examine the similarities and the differences. The paper starts by looking at the banking environment inn general including issues such as bank management, supervision, and social and economic condition. The paper then goes on to assess the assets and liabilities in the banking sector before and after June 2008, looking at the similarities and differences. The bibliography cites 16 sources.
Page Count:
22 pages (~225 words per page)
File: TS14_TEUSSAUDIbanks.rtf
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Unformatted sample text from the term paper:
of US and Saudi Arabian Banks before June 2008 18 3.1 Assets 18 3.2 Liabilities 19 3.3 Comparison between US and Saudi Arabia 20 4. Comparison of US and Saudi Arabian Banks after July 2008 21 4.1 Assets 21 4.2 Liabilities 22 4.3 Comparison 22
5 Comparison and Conclusion 23 References 24 1. Introduction Banking is a service which is key to the economy if a country, the banking system not only manages the movement
of money and financial transactions, it is also important in terms if credit creation. The state of the banks and the underling assets and liabilities will impact on the way
that operate, and when trends and patterns are seen across the entire industry, this will reflect in the economy performance of the country in an interdependent fashion. Looking at the
US and Saudi Arabia before and after the beginning of the credit crunch that started in 2008 the differences can be appreciated. To look at this it is important
to put the issues into a broad context, looking at the banking industry, issues such as supervision and management and consider the social and economic conditions in which the banks
operates and then look at the banks in both areas before and after the credit crunch. 1.1 Sector in Financial Analysis
To appreciate the important of the banks it is important to understand their role. The definition of a bank is its most basic term is "A business establishment in which
money is kept for saving or commercial purposes or is invested, supplied for loans, or exchanged" (Dictionary.com, 2009). This covers a large amount of potential tasks.
In the most basic of terms a bank is an intermediary. The term intermediary means someone who is a go between, in financial terms this can
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