Banks have always been private. The government only wants control of them as of late. Banks did receive public insurance because of the run during the depression, but they have always been private, never a need to privatize.
privatization motives are the following : efficiency, receipts and the rationalism
Good question, I have no idea....
Privatization of insurance sector means that the sector is transferred from the hands of the government to private individuals. The decisions and operations of a privatized sector are fully transferred to the new private owners.
There are many good and trusted banks that offer low rate balance transfer. These banks include Chase bank, First Merit, Huntington, and banks like American Express.
This is a web with links to an example of a bank privatization [http://www.slvadvisors.com/News.htm]
Guillermo Barnes has written: 'Lessons from bank privatization in Mexico' -- subject(s): Banks and banking, Privatization
T. T. Ram Mohan has written: 'Privatization in India' -- subject(s): Economic policy, Privatization 'Productivity and efficieny at public and private sector banks in India' -- subject(s): Banks and banking
Privatization of banks refers to the action where government owned banks are sold to private institutions that can buy them. Once sold, they become privately owned entities and are operated as per the guidance of the firm owning them.
Banks have always been private. The government only wants control of them as of late. Banks did receive public insurance because of the run during the depression, but they have always been private, never a need to privatize.
Privatization can be good if it eliminates the need for government monetary contributions to a governmental entity. An example would be the privatization of the United States Postal Service in the 1970's. Privatization can be bad if it raises the cost of goods or services to a rate which the consumer cannot possibly afford. An example of this would be the privatization of Bolivian water treatment plants in this decade.
Privatization is favored in cases when the government feels that the company is not achieving its goals. Some advantages of privatization include efficiency in service delivery, better profits, good management, and increase in investment.
what are the reasons for the privatization in Pakistan
Services such as waste management, landscaping, and janitorial services are suitable for privatization due to their competitive nature and potential for cost savings. Additionally, industries like public transportation and utilities may benefit from private sector involvement to improve efficiency and customer service.
no i do not support privatization of bank because in 1969 the ex prime minister indira gandhi nationalized the f14 bank for social economic development . before f1969 bank was aim to gain profit only profit . they has no concern for people .if again bank is to be privatization so bank;s aim will be only to gain more profit and profit and control the economy to business man
Features of privatization
what do you understand by the terms privatization and commercialization in nigeria