If Wal-Mart have their own bank ... ....docVIP

 PAGE \* MERGEFORMAT 6 If Wal-Mart have their own bank ... ... In 2005, Wal-Mart’s 5,350 retail outlets in the global and 2004 was as high as 287.9 billion U.S. dollars in sales honors, the first Fortune 500 strong. Such a super-large-scale retail enterprise group has been rated as the world’s giant companies, and and its still 10% of annual sales growth in expanding. August, Wal-Mart senior vice president in charge of finance of foreign declared: Wal-Mart’s full-year 2005 net sales of 300 billion U.S. dollars mark for the first time ... ... In 2005 fiscal year, Wal-Lok Ma U.S. division plans to open 40-45 new discount stores and shopping malls 240-250; International Division, is scheduled to open in the current market 155-165 stores. At the same time, Wal-Mart also confirmed that assessment is currently entering a number of new international markets, including Russia and Italy. In a good situation thriving under the Wal-Mart can do about it? Recently, Wal-Mart has filed an application in Utah to establish their own industrial bank to handle its retail stores where the credit card, debit card and electronic check services. Industrial Bank (Industrial banks), also known as ‘industrial loan company, or ILC’, only the existence of some states in the United States. They operate like banks, they can issue credit cards, make a deposit, lending operations. The only can not do is that when more than 100 million U.S. dollars of its assets, we can not provide a standard check. As of last year, Utah has 29 such banks. These silver and combined assets of more than 120 billion U.S. dollars. Today, Wal-Mart should have their own bank, although it is not true, and has a fully operational functions of the bank. Currently, Wal-Mart are still using a third party to carry out the relevant business processes. If you can own to deal with these businesses, enterprises will no doubt they will save a substantial income. Although Wal-Mart said the bank does not open branches of