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What are the departments of a bank?

Updated: 9/20/2023
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12y ago

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Currently the operations of banks have expanded many fold due to various internal and external regulatory as well as risk management requirements. However, for a smaller bank the minimum segregation of functional duties/assignments can be done and the following departments would be required.

1. Accounts

2. Audit

3. Business Promotion

4. Credit

5. compliance

6. Establishment

7. I.T

8. Operations

9. Treasury

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12y ago
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