The paper "Short and Medium Term Commercial Financing by a Lending Institution in the UAE" is a perfect example of a finance and accounting assignment. The short and medium-term financing institutions in UAE play a vital role in the economic development of the country (Galal A, 75). This paper discusses the types and forms of financing, policies and procedures, methods of evaluation, success and the role of the government in the short and medium-term commercial financing by a lending institution in UAE. The bank that has been select is called Doha bank which is in UAE.
There various procedures that were used to get information about the bank. These included visiting the Doha website and textbooks. This paper looks into various aspects of the bank. There are various types of finances that Doha bank has. They include short term and medium term. The short term and medium term are issued in terms of cash money or cheques. The success of the bank is attributed to policies and procedures that the bank follows financing (Syed M, 20). They include members of the bank and the credit information of the borrowers.
The performance of the bank is evaluated using various ratios which include profitability ratios, leverage ratios and efficiency ratios(Galal A, 84). These ratios are used in the analysis of the business. During the process of issuing loans, they must be secured with a certain type of security. The securities include collaterals or guarantor. The loans that are given at certain interest rates and various loan terms are included which include the maturity date. The role of technology in the development of the Doha bank is also emphasized in this paper.
Its customers are able to access the banking services with ease and faster, they are internet-driven (Syed M, 35). The services that the bank offers can be accessed from any part of the world. The paper also discusses the role of the government in the growth and development of lending institutions in the UAE. The government provides a conducive environment and also provides financing to these institution Doha bank included (Galal A, 84). This has provided a good ground for the growth of the Doha bank as a small and medium commercial lending institution in UAE.
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