Top 10 English Slangs for Bank and Branch Managers

Top 10 English Slangs for Bank and Branch Managers 1. KYC: Know Your Customer KYC is a term you'll frequently come across in the banking industry. It refers to the process of verifying the identity of a customer. As a bank or branch manager, ensuring KYC compliance is crucial to prevent fraud and maintain regulatory standards. 2. AML: Anti-Money Laundering AML measures are in place to detect and prevent money laundering activities. Banks have strict AML policies and procedures to ensure that their systems are not misused for illegal activities. AML training is mandatory for all bank employees, including managers. 3. NPA: Non-Performing Asset An NPA is a loan or advance that has stopped generating income for the bank. It could be due to non-payment by the borrower or other reasons. Managing NPAs is a critical aspect of a bank or branch manager's role, as it impacts the bank's profitability. 4. ROI: Return on Investment ROI is a financial metric that measures the profitability of an investment. As a bank or branch manager, you'll often analyze the ROI of various products and services to make informed decisions and maximize returns for the bank and its customers. 5. EOD: End of Day