Comparative Banking – Will Non-Interest Banking Succeed?

Jack Prot

1. INTRODUCTION Islamic Banking or non-interest banking as it may be called could be simply understood to be a banking process where interests are not charged. Earnings on money lent can only be realized from a definite value creating process. Thus, non-interest banking legalises only profits. All other forms of […]

How Do You Obtain An Unorthodox Loan?

Jack Prot

An unorthodox loan is defined as a loan that is not obtained through the common lenders or through the common channels. It may be a situation where your income is variable, your purpose for the loan is not conventional, you own a business or a loan is for investment purposes. […]

Commercial Banking Price Leadership

Jack Prot

Banks then use this money to make loans available to household and corporate borrowers. They then earn their profits by lending at an interest rate higher than the rates they pay on their deposits. The largest commercial banks in the US bank of America, Bankers Trust Corporate, Chemical Bank, Chase […]

Performance Bonds: How to Avoid Collateral

Jack Prot

This is a nasty subject. Not because collateral for surety bonds is inherently bad, but because it is a subject of great angst for contractors and their insurance / bond agents. For example: Why is the bonding company taking money from me when they can see I’m in a weak […]

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