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Types of Risk in Banking Sector

Types of Risk in Banking Sector

Risk in Banking Sector There are six major types of risk in the banking sector which may affect a bank’s operations, profitability, and solvency. These risks in banking are explained below: Interest Rate Risk Interest rate risk is the chance that an unexpected change in interest rates will negatively affect investment value. One of the […]

Sales Budget

What is Sales Budget Meaning, Definition, Objectives, Factors Affecting

What is Sales Budget? A sales budget is a financial plan that represents how resources should be allocated to achieve forecasted sales. The sales budget objective is to plan and control the expenditure of resources such as money, materials, personnel, and facilities required to achieve desired sales objectives. Sales budget and sales forecast are intimately related to

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