WorldWideScience

Sample records for bank accounts

  1. Swiss Bank Accounts

    OpenAIRE

    Brown, Martin; Döbeli, Barbara; Sauré, Philip

    2011-01-01

    We examine the origin of deposits with Swiss banks on a country-by-country basis for the period 1987-2007. We relate the volume of Swiss bank deposits for 99 countries to the taxation of personal income as well as to political governance in these countries. Our results suggest that higher taxation in origin countries is not associated with a larger volume of deposits with Swiss banks. Our results do show however that countries with weak political governance, e.g. corruption, internal conflict...

  2. 46 CFR Sec. 2 - Bank account.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Bank account. Sec. 2 Section 2 Shipping MARITIME... TRANSACTIONS UNDER AGENCY AGREEMENTS Accounts Sec. 2 Bank account. A separate joint bank account will be... account. The order will set forth the conditions governing the establishment and maintenance of...

  3. Bank Accounts for Public Finance Agencies Income

    Directory of Open Access Journals (Sweden)

    Paweł Lenio

    2014-03-01

    Full Text Available The subject of this paper are bank accounts for public finance agencies income. The article describes characteristics of accounts for all three kinds of agencies: government and municipal units working in regards to statue of education and units with headquarters in foreign countries. The author presents a detailed directory of income for particular accounts and the allocation of said income. This paper also deals with the optionality of those dedicated bank accounts and the competence for erecting them. In a smaller scope there are presented the controversies of establishing bank accounts for public finance agencies income in the past, before the current statue of public finance.

  4. Analysis of selected bank accounts in the Czech Republic

    OpenAIRE

    Janovská, Tereza

    2013-01-01

    The thesis is divided into several parts. The first part introduces to history of banking and bank accounts. The next part focuses on the bank account. The following part describes the types of bank accounts and their requirements. The next part describes services that are linked to bank accounts. The following part focuses on the types of operations and transactions in bank accounts. The sixth part is an analysis of selected bank account and an account that is best suited to the requir...

  5. Expectations of the Banking Sector from Accounting Education

    OpenAIRE

    Orhan Ünal

    2013-01-01

    One of the main elements that enable financial system to perform properly is the banking sector. Therefore, problems arising in the banking sector need to be addressed urgently and accurately. One of the main needs of the banking sector is education. Banking sector employees should have a good education in order for banking activities continue seamlessly. Majority of the banking sector employees go through an accounting education and use their knowledge of accounting at work. This study aims ...

  6. 12 CFR 214.5 - Accounts with foreign banks.

    Science.gov (United States)

    2010-01-01

    ... account with a foreign bank may conduct such negotiations and enter into such agreements, contracts, or understandings with such foreign bank as may be authorized or directed by the Federal Open Market Committee in... other Federal Reserve Bank which maintains an account with a foreign bank, any open market...

  7. 7 CFR 1902.6 - Establishing supervised bank accounts.

    Science.gov (United States)

    2010-01-01

    ... AGRICULTURE PROGRAM REGULATIONS SUPERVISED BANK ACCOUNTS Supervised Bank Accounts of Loan, Grant, and Other...) For each borrower, if the amount of any loan and grant funds, plus any borrower contributions...

  8. Understanding Accounting Practices on Card Based Banking Operations

    OpenAIRE

    2009-01-01

    The purpose of this study is to survey the accounting of the on-line banking cards operations, based on Romanian experience. Our paper belongs to the technical studies that analyse the concrete way to reflect the cards operations at the level of the banking societies from Romania. The paper contains a study cases part, which presents the concrete methods of accounting reflection based on banking cards operations. We try to underline the importance of a flexible banking accounting system, whic...

  9. Features Of Legislation On The Bank Account Agreement Development

    OpenAIRE

    Mariya Y. Katvickaya

    2014-01-01

    In the present article the basic stages of legislation on bank accounts in Russia development are analyzed. Author research features of accounts regulation in Russian Empire, Soviet Union and in modern conditions. It is noted that active development of operations on bank accounts and emergence of new types of bank accounts in Russia takes place in the second half of the XIX century. Account, at that time was considered as a kind of deposits on demand. In the Soviet period legal regulation of ...

  10. 31 CFR 535.901 - Dollar accounts at banks abroad.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Dollar accounts at banks abroad. 535.901 Section 535.901 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued... Miscellaneous Provisions § 535.901 Dollar accounts at banks abroad. Any domestic bank is hereby authorized...

  11. Accounting for Financial Instruments in the Banking Industry

    OpenAIRE

    Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten

    2002-01-01

    Recent changes in accounting regulation for financial instruments (SFAS 133, IAS 39) have been heavily criticized by representatives from the banking industry. They argue for retaining a historical cost based mixed model where accounting for financial instruments depends on their designation to either trading or nontrading activities. In order to demonstrate the impact of different accounting models for financial instruments on the financial statements of banks, we develop a bank simulation m...

  12. The Accounting Mirror of the Banking Business: The Bank of Barcelona (1845-1856)

    OpenAIRE

    Blasco, Y.; Nogues-Marco, Pilar

    2007-01-01

    The Bank of Barcelona was the first regional issuing bank in Spain. Thanks to the recent recovery of the Bank of Barcelona archive, we have analysed accounting ratios of solvency, liquidity and profitability in the 1844-1856 period. The analysis of the accounting ratios shows that the Bank of Barcelona increased its level of financial leverage. Shareholder profitability increased but solvency and liquidity showed a declining trend after the financial crisis of 1847-48. In the beginning of the...

  13. Central Bank Independence, Transparency and Accountability Indexes: a Survey

    Directory of Open Access Journals (Sweden)

    Dumiter Florin Cornel

    2014-06-01

    Full Text Available Recently, the remarkable trend upon central bank independence and the efficient monetary policy were seriously highlighted in the monetary economics field. Starting from 1990s’ central bank independence was at the core of policy making and central banking problems, because of the widespread economical, political, personal and budgetary autonomy of the central bank. Nowadays, we can observe an increasing trend upon central bank transparency, for evaluating more accurate the central bank’s performances by the wide public, mass-media and financial markets. Consequently, a central bank must encompass a high degree of accountability and responsibility, because of the final liability in case of failure. In this paper we present, analyze and assess the construction of the most important indices regarding central bank independence, transparency and accountability in a chronological manner, presenting also the advantages and disadvantages of these indices related to actual practices of central banks. Moreover, we analyze the analytical results of the empirical testing of these indices with a considerable impact upon the developed and developing country group. In regard with the empirical results of different authors, we suggest the importance and the necessity for constructing an aggregate index for measuring central bank independence, transparency and accountability, based on de jure stipulations and the actual practices of the central banks.

  14. Bank Accounting and Market Valuation in Japan: An Overview of Accounting Issues of Financial Instruments

    OpenAIRE

    Marie Ogawa; Takashi Kubota

    1995-01-01

    This paper considers a framework for introducing market valuation to Japanese bank accounting, focusing on practical issues to be solved. Reflecting the growing concern over the present historical cost accounting, it is argued that market valuation should be introduced to bank accounting for disclosure purpose in Japan. Particularly, there are strong arguments for market valuation of certain types of financial instruments. Specific considerations include: the overview of present accounting in...

  15. Accounting discretion of banks during a financial crisis

    OpenAIRE

    Huizinga, H.P.; Laeven, L.

    2009-01-01

    This paper presents evidence of banks using accounting discretion to overstate the value of distressed assets. In particular, we show that the stock market applies far greater discounts to a bank’s real estate loans and mortgage-backed securities than are implicit in the book values of these assets, especially following the onset of the U.S. mortgage crisis. This suggests that bank balance sheets overvalue real estate related assets during economic slowdowns. Estimated discounts are smaller f...

  16. DATA WAREHOUSE FOR BANK TRANSACTION ACCOUNTS BUSINESS ANALYSIS

    OpenAIRE

    Babić, Mladen

    2008-01-01

    In this work we present implementation of a data warehouse prototype for bank transaction accounts business analysis. As an introduction to extensive data warehousing area we provide some theoretical bases, which include basic terminology, a description of essential elements of data warehouse as well as a description of development methodology we use. We proceed with designing dimensional models of the data warehouse. We design three dimensional data models, which represent bank transaction a...

  17. Accounting Discretion of Banks During a Financial Crisis

    NARCIS (Netherlands)

    Huizinga, H.P.; Laeven, L.

    2009-01-01

    This paper presents evidence of banks using accounting discretion to overstate the value of distressed assets. In particular, we show that the stock market applies far greater discounts to a bank’s real estate loans and mortgage-backed securities than are implicit in the book values of these assets,

  18. 31 CFR 103.178 - Due diligence programs for private banking accounts.

    Science.gov (United States)

    2010-07-01

    ... banking accounts. 103.178 Section 103.178 Money and Finance: Treasury Regulations Relating to Money and... Programs Special Due Diligence for Correspondent Accounts and Private Banking Accounts § 103.178 Due diligence programs for private banking accounts. (a) In general. A covered financial institution...

  19. REVIEW OF RESEARCH ARTICLES ON INFLUENCE OF BANK SAVING ACCOUNT ON FINANCIAL LITERACY OF STUDENTS

    OpenAIRE

    Dhanshree Dinkarrao Mohite,; Ashokkumar S. Karande

    2016-01-01

    Researcher analyzed, research articles, research papers and research reports of financial literacy of Students and influence of Bank Saving Accounts on financial literacy of students. The review found twenty six articles that studied influence of Bank Saving Accounts on financial literacy of Minor Students. Most of researchers conclude to have significant relationship between having bank saving account and financial literacy of minor students.

  20. Public accountability and crisis in the banking sector : the case of the UK

    OpenAIRE

    Henderson, Elisa Juliet Christian

    2014-01-01

    The marked disintegration of the UK banking system in 2008 led to significant Government ownership in two major banks: The Royal Bank of Scotland (RBS) and Lloyds Banking Group (LBG) (National Audit Office, 2009). The banks are termed ‘quasi-nationalised’ due to the retention of stock exchange listings alongside Government ownership The thesis offers a documentary analysis on the public accountability of these banks. The research themes are: - The impact of Government interv...

  1. Ranking accounting, banking and finance journals: A note

    OpenAIRE

    Halkos, George; Tzeremes, Nickolaos

    2012-01-01

    This paper by applying Data Envelopment Analysis (DEA) ranks Economics journals in the field of Accounting, Banking and Finance. By using one composite input and one composite output the paper ranks 57 journals. In addition for the first time three different quality ranking reports have been incorporated to the DEA modelling problem in order to classify the journals into four categories (‘A’ to ‘D’). The results reveal that the journals with the highest rankings in the field are Journal of Fi...

  2. The Mzansi bank account : determining its success and the way forward / Sanjeev Hurrinanan Orie

    OpenAIRE

    Orie, Sanjeev Hurrinanan

    2005-01-01

    The Mzansi bank account, launched in the latter part of October 2004, arose out of the financial services charter and is aimed at low income, previously unbanked individuals and households. Since its inception, it has been supported by the following financial institutions: Amalgamated banks of South Africa (ABSA), Standard Bank of South Africa (SBSA), First National Bank (FNB), Nedbank (essentially the four major retail banks in South Africa) and the Postbank (a subsidiary o...

  3. Bank loan-loss accounting: a review of theoretical and empirical evidence

    OpenAIRE

    Larry D. Wall; Koch, Timothy W

    2000-01-01

    The philosophy underlying a bank's accounting for loan losses might have a material effect on the net income the firm reports to investors, which is a concern for securities regulators. A bank's loan-loss accounting philosophy might also significantly affect its ability to absorb unexpected future losses, which is a concern for bank supervisors. For example, a bank that follows a conservative loan-loss philosophy (maintains a higher loan-loss allowance) may be better able to absorb unexpected...

  4. Hidden cost reductions in bank mergers: accounting for more productive banks

    OpenAIRE

    Simon H. Kwan; Wilcox, James A.

    1999-01-01

    Over the past decade, the banking industry has undergone rapid consolidation; indeed, on average, for the past three years there were more than two bank mergers every business day. Before the 1990s, most bank mergers involved banks with less than $1 billion in assets; more recently, even the very largest banks have merged with other banks and with nonbank financial firms. ; Globalization, technological advances, and regulatory retreat are often cited as factors that have stimulated and allowe...

  5. Bank regulation implications for managing accounting quality risk: a Basel and IFRS perspective

    OpenAIRE

    Baddevithana, Tanuja Dulmini Dominick Mahinda

    2012-01-01

    This thesis examines whether accounting quality, measured as the difference between accounting and market price change, had an impact on the five primary UK banks that adopted IASB’s IFRS accounting standards in 2005. The findings reveal that the changes in accounting standards resulted in the banks experiencing decreased levels of accounting quality and increased levels of exposure to financial distress risk in the period 2005 to 2008, compared to the pre-adoption period of 1992 to 2004....

  6. Analysis of Customer Mindset Change and Accounting Practice of Garbage Bank as Medium of Edupreneurship a Study on Garbage Bank of Badegan, Indonesia

    OpenAIRE

    Purwaningsih, Anna

    2015-01-01

    This study aims to (1) determine whether there is a change in the individual mindset associated with garbage bank existence and (2) determine the accounting practices in Garbage Bank of Badegan (GBB). Garbage bank is the manifestation of public awareness to actively address the issue of garbage management today. Thus, garbage bank is medium for communal education and entrepreneurship. Its concept basically adopts bank concept. It is not the money which is saved but garbage. Garbage bank also ...

  7. Effect of Ethical Accounting Standards on the Quality of Financial Reports of Banks in Nigeria

    Directory of Open Access Journals (Sweden)

    G.N. Ogbonna

    2012-02-01

    Full Text Available This study examines the effect of ethical accounting standards on the quality of financial reports of banks in Nigeria. To achieve this objective, data was collected from primary and secondary sources. The secondary sources were from textbooks, journals and unpublished thesis. The primary source involves a well structured questionnaire of four sections of sixty seven questions administered to a sample of eight banks systematically collected from the twenty four banks in Nigeria. The data generated from the questionnaires was analysed using econometric models such as diagnostic test, Augmented Dickey-Fuller, ordinary least square and Granger Causality. The results reveal that ethical accounting standards is significantly related to the quality of financial reports of banks in Nigeria. On the basis of the findings, the study concluded that ethical accounting standards are fundamentally necessary for accountants to produce quality financial reports free from material misstatements. The authors recommend the following among others: that professional accountants as custodian and producers of accounting information should adhere to the codes of professional best practices issued by relevant professional bodies, banks in Nigeria should establish ethics departments to ensure that activities adhere to the codes of ethics including the financial reporting process, accountants and accounting officers in Nigerian banks should adhere to the International Financial Reporting Standards (IFRS in the reporting structure to reduce the failure symptoms in the banking industry.

  8. Role and Importance of Managerial Accounting Into Banking Sector

    OpenAIRE

    Victoria Postolache

    2014-01-01

    In the last decades, following of the global systemic crisis, commercial banks have problems with the lack of operative and truthful information about the effective functioning of its subdivisions. So, appear the necesity of imposing, for banking system, implementation of managerial accouting inside of accouting evidence for reducing the loss that may arise from lak of internal qualitative information. The aim of our study is to present the factors that confirm the need of managerial accounti...

  9. Net Interoffice Accounts of Global Banks: The Role of Domestic Funding

    Directory of Open Access Journals (Sweden)

    Carmela D'Avino

    2015-06-01

    Full Text Available Existing literature has identified domestic restrictive monetary policy and deteriorating funding conditions as the predominant factors explaining the increase in net interoffice accounts of global banks, that is, the net liabilities of parent offices due to their related foreign offices. The purpose of this research is twofold. Firstly, it quantifies the responsiveness of net interoffice accounts to variations in different types of domestic funding. Secondly, the paper assesses whether the relationship between net interoffice accounts and domestic policy-steered rates depends on cross-sectional differences in the funding structure of global banks. Using US banks’ balance sheets data collected by the Federal Financial Institutions Examination Council, the results highlight the importance of domestic repo borrowings in explaining net interoffice accounts, especially for larger banks during the crisis. On the other hand, a negative relationship between policy rates and net interoffice accounts is observed only for those global banks with a relatively higher share of repo borrowings.

  10. Effect of Ethical Accounting Standards on the Quality of Financial Reports of Banks in Nigeria

    OpenAIRE

    G.N. Ogbonna; Appah Ebimobowei

    2012-01-01

    This study examines the effect of ethical accounting standards on the quality of financial reports of banks in Nigeria. To achieve this objective, data was collected from primary and secondary sources. The secondary sources were from textbooks, journals and unpublished thesis. The primary source involves a well structured questionnaire of four sections of sixty seven questions administered to a sample of eight banks systematically collected from the twenty four banks in Nigeria. The data gene...

  11. The Influence of Banks on Corporate Financing and Accounting Decisions of German SMEs

    OpenAIRE

    Schindele, Alexandra

    2015-01-01

    The present dissertation analyzes whether bank debt lending influences certain managerial decisions of borrowers, and if so, how. More precisely, the thesis investigates the influence of bank debt lending on the cost of debt and capital structure of firms, and on the accounting behavior of borrowers prior to borrowing new bank debt. The major aim of the dissertation is to deliver empirical evidence that central managerial decisions of companies are not only made by managers and equity owners ...

  12. Fraudulent Activities and Forensic Accounting Services of Banks in Port Harcourt, Nigeria

    Directory of Open Access Journals (Sweden)

    Appah Ebimobowei

    2012-04-01

    Full Text Available The increasing rate of frauds and financial malpractices in the Nigerian banking industry in recent times have made financial institutions to develop means of facing these challenges with the use of forensic accounting services. Forensic accounting is the use of accounting, auditing and investigative skills to determine whether fraud has occurred in any organization. The study examines the effect of forensic accounting services on fraud detection in Nigerian banks. To achieve this objective, data was collected from primary and secondary sources. The primary data were collected with the help of a well structured questionnaire of three sections administered to twenty four banks in Port Harcourt the capital of Rivers State and the data collected from the questionnaires were analysed with descriptive statistics, Augmented Dickey-fuller, ordinary least square and Granger Causality. The result reveals that the application of forensic accounting services affects the level of fraudulent activities of banks. On the basis of this finding, the paper concludes that forensic accounting services provide banks with the necessary tools to deter fraudulent activities. Therefore, the study suggests among others that banks should invest on human capital development of their personnel, government and regulatory authorities should ensure the provision of standards and guidelines to regulate forensic activities and above all Nigerians should embrace integrity, objectivity, fairness and accountability in their day-to-day activities.

  13. Individual accounts as social insurance : a World Bank perspective

    OpenAIRE

    Holzmann, Robert; Palacios, Robert

    2001-01-01

    The trend toward including individual accounts as part of the mandatory pension system continues unabated. Nine Latin American countries have introduced individual accounts (Chile, Peru, Argentina, Colombia, Uruguay, Bolivia, Mexico, El Salvador and Nicaragua) and several more are preparing to do so (Ecuador, Dominican Republic) . A similar trend has emerged in Europe where the former socialist countries are taking the lead: Hungary, Kazakhstan, Latvia and Poland have already passed reform le...

  14. Bank Runs and the Accounting for Illiquid Assets in Financial Institutions

    Science.gov (United States)

    Meder, Anthony; Schwartz, Steven T.; Wu, Mark; Young, Richard A.

    2014-01-01

    Financial services are an increasingly important sector in modern economies, yet many accounting and auditing texts focus on manufacturing and retailing. This teaching note describes the role of financial institutions in transforming long-term, difficult-to-sell assets into short-term bank accounts. This is referred to as liquidity transformation.…

  15. 31 CFR 535.413 - Transfers between dollar accounts held for foreign banks.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Transfers between dollar accounts held for foreign banks. 535.413 Section 535.413 Money and Finance: Treasury Regulations Relating to... ASSETS CONTROL REGULATIONS Interpretations § 535.413 Transfers between dollar accounts held for...

  16. The Effect of Electronic Commerce on the Accounting Information System of Jordanian Banks

    OpenAIRE

    Adel M. Qatawneh

    2012-01-01

    This study aimed to determine the effect of electronic commerce (e-commerce) on Accounting Information System (AIS) in Jordanian banks. The study importance arises from the need to recognize e-commerce and AIS as the greatest development in the world of business, the variables that will be affected by e-commerce are: reliability of AIS on the bank, the operational performance, cost of reduction, customer services. To achieve the objectives of the study a questionnaire was designed and distrib...

  17. The Extent of Applying Strategic Management Accounting Tools in Jordanian Banks

    OpenAIRE

    Musa Abdel Latif Ibrahim Alnawaiseh

    2013-01-01

    The study aims to know the extent of applying strategic management accounting tools in Jordanian banks. Thetools that this study tested are; Activity Based Costing, Benchmarking, Competitor Analysis, ValuingCustomers, Integrated Performance Measurement, Life Cycle Costing, Cost of Quality, Brand Value Monitoring,Managing and Budgeting, Strategic Pricing, Target Costing, Value Chain Costing and Balanced Scorecard.To analyze the responses of the respondents (employees) in these banks, and the e...

  18. DO ACCOUNTING DISCLOSURES OF FEE INCOME AFFECT COMMERCIAL BANK SHARE PRICES?

    OpenAIRE

    F.F. Cheng; M. Ariff

    2008-01-01

    Whether or not information relating to (i) non-interest incomes in any form and information relating to (ii) total income of commercial banks are relevant for share price changes is a topic worthy of another study. The enormous importance of such a finding is not disputable in the context of how share prices responded much faster and with larger magnitudes when bank-relevant accounting information is released. This study is done with data from one developed economy, Australia and one developi...

  19. Information Technology and Accounting Information System in the Nigerian Banking Industry

    OpenAIRE

    Kabiru I. Dandago; Abdullahi Sani Rufai

    2014-01-01

    Information technology has tremendously stimulated expansion of the banking networks and range of the offered services during recent years. The information technology has become a critical business resource because its absence could result in poor decisions and ultimately business failure. This study intends to find out the information technology influence on accounting information production in the Nigerian banking industry. Both primary and secondary data were used and Analysis of Variance ...

  20. OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT

    OpenAIRE

    Tay, Charles

    2010-01-01

    With effect from 1st August 2008, Overseas Chinese Banking Corporation (“OCBC”) and Standard Chartered Bank Singapore (“Stanchart”) had taken over from Development Bank of Singapore (“DBS”) as the managing agents for the Children Development Co-Savings (Baby Bonus) Accounts. After the concluded transfer exercise in November 2008, OCBC had since been the market leader with 76% of the market share. With the change of managing agents on 1st August 2008, parents had to choose between eithe...

  1. Problems with the Measurement of Banking Services in a National Accounting Framework

    OpenAIRE

    Diewert, Erwin; Fixler, Dennis; Zieschang, Kimberly

    2012-01-01

    The paper considers some of the problems associated with the indirectly measured components of financial service outputs in the System of National Accounts (SNA), termed FISIM (Financial Intermediation Services Indirectly Measured). The paper utilizes a user cost and supplier benefit approach to the determination of the value of various financial services in the banking sector. The present paper also attempts to integrate the balance sheet accounts in the SNA with the usual flow accounts. An ...

  2. Calibrated fuzzy AHP for current bank account selection

    OpenAIRE

    Ishizaka, Alessio; Hoang, N.

    2013-01-01

    Fuzzy AHP is a hybrid method that combines Fuzzy Set Theory and AHP. It has been developed to take into account uncertainty and imprecision in the evaluations. Fuzzy Set Theory requires the definition of a membership function. At present, there are no indications of how these membership functions can be constructed. In this paper, a way to calibrate the membership functions with comparisons given by the decision-maker on alternatives with known measures is proposed. This new technique is illu...

  3. Banks Net Interest Margin in the 2000s: A Macro-Accounting International Perspective

    OpenAIRE

    López-Espinosa, G. (Germán); MORENO A.; Pérez-de-Gracia, F. (Fernando)

    2011-01-01

    This paper re-examines the determinants of Net Interest Margin (NIM) in the banking industries of 15 developed and emerging economies. It presents three main contributions with respect to previous studies: first, we analyze the determinants of NIM in the years leading to the 2008 financial crisis; second, we account for the role of different accounting standards across countries; third, we use multi-way cluster estimation methodologies which control for cross-sectional and time-series depende...

  4. Methodical bases of accounting and analytical support for the management of credit portfolio of the bank

    OpenAIRE

    A.M. Gerasimovich

    2015-01-01

    Solved how to optimize the system of accounting and analytical indicators to assess the level of risk and the effectiveness of the Bank's credit activity, on the basis of scale, scope and structure of the credit portfolio; the turnover of credit investments; the problematical character of the loan portfolio and the level of risk and security of the loan portfolio. Exploring the possibility of accounting on the basis of which analysis calculated metrics and evaluation of significance proposed,...

  5. The Measurement of Banking Services in the System of National Accounts

    OpenAIRE

    Diewert, Erwin; Fixler, Dennis; Zieschang, Kimberly

    2011-01-01

    The paper considers some of the problems associated with the indirectly measured components of financial service outputs in the System of National Accounts (SNA), termed FISIM (Financial Intermediation Services Indirectly Measured). The paper characterizes FISIM by a user cost and supplier benefit approach determining the price and quantity of various financial services in the banking sector. We examine the need for FISIM in the context of plausible alternative accounting schemes that could b...

  6. ACCOUNTING PRACTICES FROM FINANCIAL INSTRUMENTS DISCLOSURE PERSPECTIVE '" THE CASE OF ROMANIAN BANKING SYSTEM

    OpenAIRE

    Stefanescu Cristina Alexandrina

    2012-01-01

    International harmonization and convergence of accounting had gradually become one of the most challenging topic of worldwide research and a very hot debated issue in practitioners'(tm) sphere, too. Several studies have addressed both formal and material accounting harmonization along time, a wide range of instruments have been developed and various statistical tools have been used in this respect. Basing on this background, we focused our attention on Romanian banking system which is now exp...

  7. 31 CFR Appendix B to Subpart I of... - Recertification Regarding Correspodent Accounts for Foreign Banks

    Science.gov (United States)

    2010-07-01

    ... TRANSACTIONS Anti-Money Laundering Programs Pt. 103, Subpt. I, App. B Appendix B to Subpart I of Part 103... 31 Money and Finance: Treasury 1 2010-07-01 2010-07-01 false Recertification Regarding Correspodent Accounts for Foreign Banks B Appendix B to Subpart I of Part 103 Money and Finance:...

  8. 31 CFR Appendix A to Subpart I of... - Certification Regarding Correspondent Accounts for Foreign Banks

    Science.gov (United States)

    2010-07-01

    ... Anti-Money Laundering Programs Pt. 103, Subpt. I, App. A Appendix A to Subpart I of Part 103... 31 Money and Finance: Treasury 1 2010-07-01 2010-07-01 false Certification Regarding Correspondent Accounts for Foreign Banks A Appendix A to Subpart I of Part 103 Money and Finance: Treasury...

  9. 12 CFR 250.410 - Interlocking relationships between bank and its commingled investment account.

    Science.gov (United States)

    2010-01-01

    ... participations would be received by the bank as agent, under a broad authorization signed by the customer... Account would be divided into units of participation of an arbitrary value, and each customer would be... customer would receive a receipt evidencing the number of units to which he was entitled. The...

  10. The relationship between operating risk and accounting conservatism: Evidence from Iranian banking industry

    Directory of Open Access Journals (Sweden)

    Mehdi Taghavi

    2014-04-01

    Full Text Available The purpose of this study is to analyze the relationship between operational risk and accounting conservatism. The criterion used for operational risk in this study is asset volatility and for accounting conservatism, we use Ball and Shivakumar (2005 model [Ball, R., & Shivakumar, L. (2005. Earnings quality in UK private firms: comparative loss recognition timeliness. Journal of Accounting and Economics, 39(1, 83-128.], which analyzes accounting from balance sheet sight. The statistical society used in this study is taken from 15 banks in Tehran Stock Exchange over the period 2006-2012. The research result demonstrates that there was a negative relationship between operational risk and accounting conservatism. In other words, there is a significant negative relationship between operational risk and accounting conservatism. Hence, the results suggest that with an increase (decrease in operational risk, accounting conservatism decreases (increases.

  11. Methodical bases of accounting and analytical support for the management of credit portfolio of the bank

    Directory of Open Access Journals (Sweden)

    A.M. Gerasimovich

    2015-03-01

    Full Text Available Solved how to optimize the system of accounting and analytical indicators to assess the level of risk and the effectiveness of the Bank's credit activity, on the basis of scale, scope and structure of the credit portfolio; the turnover of credit investments; the problematical character of the loan portfolio and the level of risk and security of the loan portfolio. Exploring the possibility of accounting on the basis of which analysis calculated metrics and evaluation of significance proposed, in contrast to the current Grad C system with more than 50 indicators, the most informative in the amount of 20–25, which allow daily operational way to assess the level of credit portfolio management of the Bank. This contributes to the daily detailed sub-accounts trial balance balance sheet, which consists of all banks and provide the National Bank of Ukraine. So, the most reasonable is the performance in terms of scale and structure – percentage changes; turnover rates – the rate in days; problem – percentage problems; credit risk – factor security loans; management effectiveness factors: the economy, profitability and efficiency.

  12. Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability

    Directory of Open Access Journals (Sweden)

    Dragoş Ilie

    2014-02-01

    Full Text Available The paper aims to demonstrate that the unprecedented granting of consumer credits to population in recent years, under the circumstances of a spectacular goods supply growth, has adversely affected some consumers, and jeopardized the protection of their life, health and safety. The research method consists in a survey that gave, to a number of 560 credit beneficiaries, qua consumers, the opportunity to freely express their viewpoints. Data collection and processing has resulted in the filling of a 14 queries questionnaire by each of the 560 consumers in the South-Western Oltenia region and, subsequently, in data analysis. The main findings show that consumers have experienced a decline in what concerns their standard of living and that sustainable consumption of goods was barely stimulated. Based on the survey results, the paper proposes a banking accountability indicators system and a consumer credits quality pattern of analysis that would increase banking accountability towards such credits by reducing their negative externalities on people’s lives, stimulating sustainable consumption, giving thorough and accurate information, managing complaints and disputes, educating and raising consumers awareness.

  13. Management Control in Major Brazilian Multiple Banks: the Impact of Internationalization and Convergence of Accounting Standards on the Control Systems

    Directory of Open Access Journals (Sweden)

    João Carlos Damasceno Reis

    2014-08-01

    Full Text Available This study verifies the impact caused by the processes of globalization and convergence to international accounting standards on the managerial control systems of the largest multiple banks that operate in Brazil. The study was exploratory in nature, with the use of the case study method and the application of questionnaires containing mostly open questions to upper tier executives of four major Brazilian banks. The analysis showed that globalization has resulted in improved control systems and widespread use of information technology. It was also found that the convergence to international accounting standards occurred properly, thanks to the steps taken by the Central Bank that aimed at an agile updating of the Brazilian accounting standards laid down for banks operating in Brazil, in line with international standards. In general, the researched banks did not report a significant impact of convergence to the IFRS on their management control systems; adherence to the international accounting standards has had more significant impacts on information systems, especially regarding the new reporting and transparency standards, rather than on management controls. This result signals that the management control systems of the four banks in the sample are in line with Anthony (1965’s vision, that is, that flexibility to adapt to every change in the external environment might actually increase risks of failure.

  14. AN OVERVIEW AT MACROECONOMIC LEVEL THROUGH ACCOUNTING FIGURES PROVIDED BY THE ECB ASSESSMENT ON EUROZONE BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Olivera Ecaterina OROS

    2014-05-01

    Full Text Available Along with the main macroeconomic indicators, the credit risk indicators became an important leverage in monitoring and evaluating the standard of living at a national level and the country’s economic evolution. These two types of indicators show a strong interconnection, and the correct assessment of the credit risk indicators becomes a must. As a consequence, the central banks and the main regulators in the Europe aria provided for a strict monitoring of such indicators and further on, for constant update of the banking supervisory regulations. In October 2013, the European Central bank (ECB issued the Note of Comprehensive Assessment that will be carried out during 2014, on the Euro-zone1 banking system. The outcome of the assessment will impact not only the accounting figures of the banking system, but also might change the macroeconomic overview of Euro-zone and the IASB's Conceptual Framework for Financial Reporting.

  15. Fair Value Accounting, Earnings Management and the use of Available-for-Sale Instruments by Bank Managers

    OpenAIRE

    Mary E. Barth; Javier Gomez-Biscarri; Ron Kasznik; Germán López-Espinosa

    2012-01-01

    Fair value accounting in banking has been criticized for the increased volatility that it generates in some accounting variables. One of its advantages, however, is that it reduces the possibility of discretionary earnings management, given that all gains and losses are immediately recognized. In this paper we qualify both considerations. The accounting regime of available-for-sale (AFS) securities allows for some degree of earnings and capital management: an AFS asset is reported at fair val...

  16. Country Financial Accountability Assessments and Country Procurement Assessment Reports : How Effective Are World Bank Fiduciary Diagnostics?

    OpenAIRE

    World Bank

    2008-01-01

    World Bank analysis of a country's public financial management system is typically undertaken both to help the client country strengthen its system and to safeguard funds that the Bank provides against misuse, and is an important component of fiduciary diagnostics. The Bank's instruments for such analysis have generally been relevant; the resulting diagnostics have been of satisfactory qua...

  17. ACCOUNTING PRACTICES FROM FINANCIAL INSTRUMENTS DISCLOSURE PERSPECTIVE – THE CASE OF ROMANIAN BANKING SYSTEM

    OpenAIRE

    Stefanescu Cristina Alexandrina

    2012-01-01

    International harmonization and convergence of accounting had gradually become one of the most challenging topic of worldwide research and a very hot debated issue in practitioners’ sphere, too. Several studies have addressed both formal and material accounting harmonization along time, a wide range of instruments have been developed and various statistical tools have been used in this respect. Basing on this background, we focused our attention on Romanian banking system which is now exper...

  18. Bank Accounting Practice Teaching Design%银行会计实习教学设计探讨

    Institute of Scientific and Technical Information of China (English)

    刘二妹

    2014-01-01

    银行会计实习教学是银行会计课程的辅助教学手段,本文对此进行了探讨,拟通过一定案例来阐明银行会计、出纳实务整个过程操作的程序和方法,将课堂教学与业务实践结合起来。通过手工操作与电脑操作的结合,前台基础业务和后台综合业务的结合,达到提高学生的实践操作能力的目的。%Bank accounting practice teaching is auxiliary means of bank accounting course. This issue is discussed in the paper. We intend to adopt a certain number of instances to further clarify the whole process operating procedures and methods of bank accounting and cashier practice, and combine classroom teaching with practice of business. By combining manual operation with computer operation, and combining the bank accounting front desk basic business with background compre-hensive business, we can achieve the purpose of improving the students' practical operation ability.

  19. About Banking.

    Science.gov (United States)

    Pieslak, Raymond F.

    The student manual for high school level special needs students was prepared to provide deaf students with the basic fundamentals of banking. Five units are presented covering the topics of banks and banking services, checking accounts, other services of banks, savings accounts, and other investments. Each lesson was carefully written for easy…

  20. IMPACT OF IFRS ON THE ACCOUNTING NUMBERS OF ROMANIAN LISTED BANKS

    OpenAIRE

    Costel Istrate

    2014-01-01

    The evolutions of the financial reporting for Europeans listed companies lead these companies to adopt International Financial Reporting Standards (IFRS) for their consolidated financial statement since 2005. There are three banks listed at the Bucharest Stock Exchange (BVB), all of them at the first tier of the BVB. Starting with 2012, these banks are required to apply IFRS also in their individual financial statements. This event allows us to try to measure the distance between Romanian acc...

  1. Competitive viability, accountability and record keeping: a theoretical and empirical exploration using a case study of Jamaican commercial bank failures

    OpenAIRE

    Lemieux, V. L.

    2001-01-01

    This study seeks to explore the relationships among competitive viability, accountability and record keeping in private sector entities. These relationships are explored both theoretically and empirically using a case study of Jamaican commercial bank failures. The study builds upon earlier research on the relationship between record keeping and public sector reform initiatives in Africa, which found that poor record keeping has undermined the success of these initiatives. The ...

  2. AN ASSESSMENT THE RELATIONSHIP BETWEEN BANK LOANS OF TO THE ACCOUNTING REGISTERATION OF TURKEY OF DIFFERENT IN MATURITY

    OpenAIRE

    Yanık, Ramazan

    2012-01-01

    Turkey in accordance with accounting standards, the main operating income of companies subject to the sales and sales records of long-term differences in the provision of goods, interest income and finance costs should be recorded as. This is the current market rate of interest cost to be compared with bank lending rates will bring. Credit rates and the current market rate will be advantageous in terms of cost and revenue comparison in this context is preferred options will result. Difference...

  3. ACCOUNTING PRACTICES FROM FINANCIAL INSTRUMENTS DISCLOSURE PERSPECTIVE – THE CASE OF ROMANIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Stefanescu Cristina Alexandrina

    2012-12-01

    Full Text Available International harmonization and convergence of accounting had gradually become one of the most challenging topic of worldwide research and a very hot debated issue in practitioners’ sphere, too. Several studies have addressed both formal and material accounting harmonization along time, a wide range of instruments have been developed and various statistical tools have been used in this respect. Basing on this background, we focused our attention on Romanian banking system which is now experiencing a great challenge by finally entirely adopting IFRS after the first step from 2005 when consolidated financial statements in accordance with IFRS were required and the second one from 2009 when informative individual financial statements under IFRS begun compulsory. Therefore, the objective of our paper is to empirically measure and compare the levels and progress of material accounting harmonization in Romanian banking sector focusing on financial instruments and their related disclosure requirements. First studies conducted in the measurement of harmonization practices (Nair and Frank, 1981; McKinnon and Janell, 1984; Doupnik and Taylor, 1985 started at the beginning of the 80’s, but were merely descriptive, focused on examining how IAS had been adopted in various countries around the world. In the earliest 90’s, there were developed the first instruments for measuring material harmonization, namely the concentration indices (H, C and I Index (Van der Tas, 1988; 1992 and various other forms of these (Archer et al., 1995, which were widely used in various research studies (Herrmann and Thomas, 1995; Aisbitt, 2001; Taplin, 2004. Basing on these measurement tools and cconsidering the main aim of our study – to measure material accounting harmonization in Romanian banking sector – we stated four hypotheses, thus trying to answer our questions: “Are the accounting practices related to financial instruments

  4. One question: credit or debit? As health savings accounts gain in popularity, insurers and the financial services industry want to bank the cash.

    Science.gov (United States)

    Becker, Cinda

    2006-01-16

    The Blue Cross and Blue Shield Association has a new sideline-banking. By chartering its own bank, the Blues is joining other insurers that have moved into financial services to adapt to the changes being wrought by health savings accounts. And other insurers have been faster to make the move. The Blues "is certainly late to the game" of banking, says analyst Katy Henrickson, left. PMID:16445200

  5. Relationship marketing of services : An analysis of service quality and service encounters through relational norms - A dyadic approach between bank account managers and SMEs

    OpenAIRE

    Prim-Allaz, Isabelle

    1999-01-01

    The combined pressures of desintermediation, deregulation, and industrial restructuring have helped to redefine the nature and importance of bank-client relationships (Schell, 1996). Directors or treasurers of companies often recognize that their relationship is with the bank account manager, rather than with the bank (Wood & al., 1995). This is the reason why the role played by the service provider as the individual who manages the relationship between the firm and the buyer is of special im...

  6. Evaluating the impact of fair value accounting on financial institutions: implications for accounting standards setting and bank supervision

    OpenAIRE

    Sanders Shaffer

    2012-01-01

    Recent standard-setting activity related to fair value accounting has injected new life into questions of whether fair value provides information useful for decision-making, and whether there might be unintended consequences on financial stability. This discussion paper provides insight into these questions by performing a holistic evaluation of fair value accounting’s usefulness, the potential impacts it may have on financial institutions and any broader macroeconomic effects. Materials revi...

  7. 75 FR 47900 - Joint Report: Differences in Accounting and Capital Standards Among the Federal Banking Agencies...

    Science.gov (United States)

    2010-08-09

    ... framework, there are no differences among the agencies' Basel II rules. \\1\\ 72 FR 69288, December 7, 2007... the agencies are currently working to implement in the U.S. \\7\\ 71 FR 55958 (September 25, 2006). This... Standards Among the Federal Banking Agencies; Report to Congressional Committees AGENCIES: Office of...

  8. The relationship between operating risk and accounting conservatism: Evidence from Iranian banking industry

    OpenAIRE

    Mehdi Taghavi; Mohammad Khodaei Valahzaghard; Akram Ahmadloo

    2014-01-01

    The purpose of this study is to analyze the relationship between operational risk and accounting conservatism. The criterion used for operational risk in this study is asset volatility and for accounting conservatism, we use Ball and Shivakumar (2005) model [Ball, R., & Shivakumar, L. (2005). Earnings quality in UK private firms: comparative loss recognition timeliness. Journal of Accounting and Economics, 39(1), 83-128.], which analyzes accounting from balance sheet sight. The statistical so...

  9. Accountability in Global Governance: Civil Society Claims for Environmental Performance at the World Bank

    OpenAIRE

    Buntaine, MT

    2015-01-01

    © 2014 International Studies Association. International organizations frequently lack accountability to both states and civil society groups. States often face difficulties monitoring the actions of international organizations. Civil society groups do not often enjoy direct influence over decision-making within international organizations. To address these challenges, states have created accountability mechanisms for international organizations. Accountability mechanisms allow civil society g...

  10. World Bank Report on Macedonian Accounting and Auditing Dissemination Event, 17 December 2015, Skopje

    OpenAIRE

    Gorgieva-Trajkovska, Olivera; Koleva, Blagica; Dimitrova, Janka

    2015-01-01

    Government officials, business leaders, academics and representatives of the accounting and auditing profession joined CFRR and the Ministry of Finance to discuss the findings of the recently updated Macedonian Report on the Observance of Standards and Codes on Accounting and Auditing (A&AROSC). An event in Skopje on 17 December 2015 presented the report’s assessment of the strengths and weaknesses of the accounting and auditing environment in the country - both statutory requirements and act...

  11. Challenging global accountability: the intersection of contracts and culture in the World Bank

    OpenAIRE

    Gulrajani, Nilima

    2010-01-01

    Global accountability is commonly understood as a contractual mechanism between principals and agents where standards of behavior are objective and respond to functional needs, agents are autonomous, motivations are self-interested and practices are procedural. This paper theorizes an alternative to this rationalist framing of global accountability anchored in theories of sociological institutionalism that rest on a constructivist ontology. In this latter perspective, standards of accountable...

  12. Improving the measurement of banking services in the UK National Accounts

    OpenAIRE

    Leonidas Akritidis

    2007-01-01

    Defines the UK methodology in calculating and allocating FISIM, describing the changes to the National Accounts.This article was first released on the National Statistics website to coincide with the launch by the Office for National Statistics of the experimental statistics release and transmission to the European Commission of new estimates reflecting changes to the way that FinancialIntermediation Services Indirectly Measured (FISIM) is treated in the UK National Accounts.The article defin...

  13. Usefulness of Financial Accounting Information in Commercial Lending : By Banks in Sweden

    OpenAIRE

    Karilainen, Miia

    2014-01-01

    Recent research has focused more on the needs and usage of accounting information in favor of its investors. Hence, there has been less attention towards creditors’ information needs. Additionally, it has been criticized that accounting information has lost its relevance to its users (Francis & Schipper 1999; Hail 2013). As Allen and Cote (2005) stated, it is hard to make any improvements to financial reporting if creditors’ decision making behavior is not well investigated. Thus, the aim...

  14. RETURN ON INVESTMENT FROM ONLINE BANKING SERVICES: AN ANALYSIS OF FINANCIAL ACCOUNT AGGREGATION

    OpenAIRE

    Melo de Brito Carvalho, Tereza; Siegel, Michael

    2003-01-01

    The successful adoption of Financial Account Aggregation requires a careful analysis of the business model. The business model must be defined in a way that provides value to both customers and financial institutions. This paper identifies business models for adoption of Account Aggregation technology; proposes a method for calculating the return on investment related to the adoption of this technology; and applies the proposed method to estimate this return for various business models. The r...

  15. THE ABUSE OF ACCOUNTING FOR CORRUPTION: THE TURKISH EXPERIENCE OF BANK FAILURES IN THE POST-2000 PERIOD

    Directory of Open Access Journals (Sweden)

    Canol KANDEMİR

    2016-01-01

    Full Text Available Accounting’s supportive (informative and allocative functions could not be performed in an objective and impartial manner due to its intrinsic and structural feature (i.e. its being an extension of the dominant economic thinking and operating on the grounds of the prevailing economic infrastructure. Thus, accounting is mostly expected to act within the framework of a job description defined simply as a management staff. This approach have a risk of reducing accounting to just a management function such as production, marketing, finance and human resources which subordinates and particularly supports the senior ma- nagement in its decision making process. Whereas, accounting largely reconstructs economic facts and realities with the information it produces in financial reporting process. Within the process concluding with the takeover of 25 banks by the Savings Deposits Insurance Fund (SDIF of Turkey in the early 2000’s, accounting’s subservient, subordinate, secondary and dependent position has prevented it from practicing even the most fundamental accounting principles such as personality and substance over form and in the final analysis transformed it into a function which did not record at all or keep record of tran- sactions only with respect to its form in a way not reflecting their economic objectives and favoring the management more than all other stakeholders, and only after the management (senior management and board of directors handles the transactions without any condition and reservation. However, it may be a much more precise and reasonable judgement to qualify all these bankruptcies as a kind of looting and risk shifting operation rather than a creative accounting practice, which is the most crucial point of the matter because the latter puts the blame essentially on accounting as an institution and profession while the former holds responsible the managementas a whole including the political and economic system.

  16. 76 FR 10234 - Amendment to the Bank Secrecy Act Regulations-Reports of Foreign Financial Accounts

    Science.gov (United States)

    2011-02-24

    ... reporting of foreign financial accounts.\\3\\ Most significantly, the NPRM proposed to (1) Define the scope of... foreign financial institution.\\5\\ \\4\\ 75 FR 8851 (February 26, 2010) (Emphasis added). \\5\\ A revised FBAR... also acts as an independent check on FBAR reporting. For example, a person with financial interest...

  17. Banking Bank Charge Debates Continue

    Institute of Scientific and Technical Information of China (English)

    WANG PEI

    2006-01-01

    @@ The saying, "There's no such thing as a free lunch" is one that can be applied to the charges increasingly being imposed on savers by Chinese banks.Ranging from managementfees for small deposit accounts to charges for withdrawals of large amounts of cash, from ATM cross-bank withdrawal charges to annual fees for bank payment cards, charges by banks are becoming a unstoppable trend. But it is not a trend the general public is so keen to accept.

  18. THE ACCOUNTING OF THE PLEDGED ASSETS PASSED TO THE LICENSED BANKS FROM THE REPUBLIC OF MOLDOVA FOR THE REPAYMENT OF THE GRANTED LOAN

    Directory of Open Access Journals (Sweden)

    Tatiana ŞEVCIUC

    2014-06-01

    Full Text Available In banking practice the pledge plays an important role, it is often used to denote the pledge agreement, as well asthe real right that is the result of the pledge agreement conclusion and the good that is the object of the pledge. Thepledge is the only real security interest in the range of bank guarantees. Actually, each obligation can beguaranteed by the pledging. Assets diversification and trade needs have led to the development of a new pledgeform. Anyway, regardless of the number and content of the economic material, the licensed banks from the Republicof Moldova attach importance to the correctness of pledge accounting taking into account the deadline. Thus, thisresearch aims to present the accounting of the pledged assets passed to the licensed banks from the Republic ofMoldova for the repayment of the granted loan, taking into account the enforcement of the obligation secured by thepledge deadline, the right to possession of the pledged asset and not the least of its value. In the research there wasmainly used the method of monographic study applying elements of observation, selection, induction and deduction.

  19. Internet Banking System Prototype

    CERN Document Server

    Alnaqeib, Rami; Jalab, Hamid A; Zaidan, M A; Hmood, Ali K

    2010-01-01

    Internet Banking System refers to systems that enable bank customers to access accounts and general information on bank products and services through a personal computer or other intelligent device. Internet banking products and services can include detailed account information for corporate customers as well as account summery and transfer money. Ultimately, the products and services obtained through Internet Banking may mirror products and services offered through other bank delivery channels. In this paper, Internet Banking System Prototype has been proposed in order to illustrate the services which is provided by the Bank online services.

  20. EVALUATING THE EFFICIENCY OF ACCOUNTING RECORDING FOR DOUBTFUL AND BAD DEBTS : CASE STUDY: UNITY COOPERATIVE SOCIETY(UNICS) CAMEROON. COMPARED TO NORDEA BANK FINLAND

    OpenAIRE

    Jenarius, Taku

    2013-01-01

    The purpose of this research is to make an evaluation on the efficiency of accounting for doubtful and bad debts for Unity Co-operative Society Plc. (UNICS), a micro financial institution in Cameroon. A purposive sampling technique was used to select two banks for the study. A face-to-face interview was conducted with the manager of Nordea Bank. The manager of UNICS made available the financial statements for 2006 to 2009, he also answered some questions over the telephone. Research f...

  1. Bank Concentration, Corporate Savings and Current Account Imbalances%银行集中度、企业储蓄与经常账户失衡

    Institute of Scientific and Technical Information of China (English)

    谭之博; 赵岳

    2012-01-01

    Based on the national level panel data about 56 countries in the period of 1990 to 2007 and a World Bank survey dataset about firms' financing behaviors in 1999, this paper investigates the relationship among bank concentration, corporate savings and current account imbalances with the utilization of dynamic panel models and Tobit models. The empirical results show that the more concentrated the banking sector is, the less the proportion of firms' bank financing is and the more their retained earnings are. Furthermore, savings by corporate sector are significantly correlated with current account imbalances and the high savings in countries with a more concentrated banking sector lead to larger current account surplus or less current account deficits in these countries. Our results remain robust with the consideration of financial center effect and IV regressions. Differing from traditional measurement of financial development which focuses on the overall scale of financial sector, our results highlight the importance of internal structure of banking sector in the understanding of current account imbalances.%本文基于1990--2007年56个国家的面板数据和1999年世界银行的企业调查数据,运用动态面板模型和Tobit模型,探究了银行集中度、企业储蓄和经常账户失衡的关系。实证结果表明,银行集中度越高,企业从银行融资的比重越小,自身储蓄越高。而公司部门的储蓄与经常账户余额存在显著的正向相关,高银行集中度国家企业的高储蓄导致这些国家经历更大的经常账户顺差(或更小的逆差)。上述结论并不受金融中心效应的影响,也在工具变量回归中保持稳健。与强调金融部门总规模的传统金融发展观不同,本文的结论表明,银行业的内部结构是理解经常账户失衡的重要视角。

  2. 12 CFR 561.2 - Account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Account. 561.2 Section 561.2 Banks and Banking... SAVINGS ASSOCIATIONS § 561.2 Account. The term account means any savings account, demand account, certificate account, tax and loan account, note account, United States Treasury general account or...

  3. The Role of Information Technology in Reduction of Administrative Corruption through Increasing of Information transparency, Improvement of Accountability and Promotion of Integrity; A Case Study of Saderat Bank Branches in Isfahan

    OpenAIRE

    Hosein Sharifi-Renani; Mohammad Hosein Moshref-Javadi; Marzieh Hajipoor

    2014-01-01

    The purpose of this study is to investigate the relationship between information transparency, improve accountability and enhance the reliability and accuracy of the use of information technology (telephone, fax, computer and electronic banking services) to reduce corruption in Saderat Bank Branches in Isfahan. The method of this study is Solidarity-Survey. This study uses Cohen, Morgan and Krejcie table and selectes 269 samples randomly among the 900 employees of Saderat Bank Branches. The d...

  4. 江苏银行淮安分行会计风险分析与对策研究%Accounting risk analysis and countermeasure research of Jiangsu bank Huaian branch

    Institute of Scientific and Technical Information of China (English)

    王慧

    2013-01-01

    With the rapid development of market economy, our bank accounting is undergoing significant changes. In the current financial market economy, The risk of bank accounting is increasing. In this paper, taking the Bank of Jiangsu Huaian branch as an example, current situation of accounting risks in commercial bank are analyzed and described.Through the strengthening of bank accounting risk prevention measures, efficiency and quality of information can improve the efficiency of the bank accounting work. Through the enhancement of bank accounting personnel responsibility,To reduce the probabilityof the risk occurrence which may cause the loss.%随着市场经济的快速发展,我国的银行会计也在发生着重大的变化。现在的金融市场经济中,银行会计风险也在日益增加。强化江苏银行风险管理的对策:建立金融风险补偿制度;加快会计电算化进程;提高会计队伍的素质;建立离岗审计和岗位轮换制度;加强会计内部培训。

  5. New management accounting techniques into budgeting process : The case of Vietnam Bank for Agriculture and Rural Development

    OpenAIRE

    Luong, Thi Thuy Linh

    2014-01-01

    The commissioner of this thesis is Vietnam Bank for Agriculture and Rural Develop-ment (Agribank) – Uong Bi branch. With the advantage of being located in one of the biggest economic zones in the North of Vietnam, it has a huge business potential. How-ever, as there are more than 10 other commercial banks operating in the same area, the market competition is high and it is crucial for Agribank to search for methods to im-prove their competitive advantages in all fields. One of the fields ...

  6. Equity valuation using accounting numbers : valuation models in the banking context : empirical performance and analysis of Broker’s reports

    OpenAIRE

    Romeiro, Tomás Barbosa

    2015-01-01

    This study investigates the performance of the Dividend Discount Model (DDM), the Residual Income Valuation Model (RIVM) and two multiples based valuation methods, Forward Price to Earnings (P/E) and Price to Book (P/B) ratios, when analysing bank equity. Additionally, the role of Other Comprehensive Income (OCI) in the difference between the outputs of the DDM and the RIVM is analysed as a possible cause of this difference. Although the sample is relatively small, OCI is not f...

  7. Will Accounting Transparency Affect Bank Loan Contracts?%会计信息透明度会影响银行借款契约吗?

    Institute of Scientific and Technical Information of China (English)

    梁上坤; 赵刚; 王玉涛

    2013-01-01

    transparency in bank loan contracts.We found that the higher the accounting transparency, the more preferential policies the companies will enjoy.Companies with higher the transpar-ency may get loans with bigger sum,longer term,and lower interest.We also found that the institution environment such as market development,deregulation and ratio of impaired as-sets,affect the above relations.In areas where the institution environment is better (with high speed of market development,high degree of deregulation,or low ratio of impaired as-sets),the relations between accounting transparency and the features of bank loan contracts are stronger.We did several robust checks after main analysis,such as doing regressions using subsample of long or short loans,considering self-selection problem in bank loan infor-mation disclosure,controlling accounting conservatism and corporate governance variables. All the results of these tests are stable.This paper not only offer a comprehensive empirical results on the role of accounting transparency in bank loan contracts for Chinese listed compa-nies,but also provides an important implication for the importance of accounting information under different institution environment. transparency in bank loan contracts.We found that the higher the accounting transparency, the more preferential policies the companies will enjoy.Companies with higher the transpar-ency may get loans with bigger sum,longer term,and lower interest.We also found that the institution environment such as market development,deregulation and ratio of impaired as-sets,affect the above relations.In areas where the institution environment is better (with high speed of market development,high degree of deregulation,or low ratio of impaired as-sets),the relations between accounting transparency and the features of bank loan contracts are stronger.We did several robust checks after main analysis,such as doing regressions using subsample of long or short loans,considering self

  8. Bank Profitability during Recessions

    OpenAIRE

    Wilko Bolt; Leo de Haan; Marco Hoeberichts; Maarten van Oordt; Job Swank

    2010-01-01

    This paper estimates the relation between bank profitability and economic downturns using a theoretical model that takes into account the bank's lending history as well as amortization and losses on outstanding loans. We focus on total bank profits and its components: net interest income, other income, and net provisioning plus other costs. Using both aggregate and individual bank panel datasets, our results confirm that pro-cyclicality of bank profits is stronger for deep recessions than dur...

  9. Methods of Payment to Banks: e-Banking. Comparative Study on Three Banks

    Directory of Open Access Journals (Sweden)

    Miranda Petronella VLAD

    2012-11-01

    Full Text Available E-banking website, majority offers the banks. At first it was electronic-banking, Internet-banking followed, followed by mobile-banking service. These services offer the same facilities, Customer Bank just that varies the channel used for communication with the Bank. The services offered by banks through E-banking, approves: compilation of orders; scheduled payments; orders for payment of wages; internal transfers; pay rates on internal or external; currency exchanges; view balances of accounts at any time; information about foreign exchange rates; view and print account statements; the definition of beneficiaries of direct payments by the client.

  10. THE ABUSE OF ACCOUNTING FOR CORRUPTION: THE TURKISH EXPERIENCE OF BANK FAILURES IN THE POST-2000 PERIOD

    OpenAIRE

    Canol KANDEMİR

    2016-01-01

    Accounting’s supportive (informative) and allocative functions could not be performed in an objective and impartial manner due to its intrinsic and structural feature (i.e. its being an extension of the dominant economic thinking and operating on the grounds of the prevailing economic infrastructure). Thus, accounting is mostly expected to act within the framework of a job description defined simply as a management staff. This approach have a risk of reducing accounting to just a management f...

  11. Research on Accounting Information Disclosure of Commercial Bank%商业银行会计信息披露问题研究

    Institute of Scientific and Technical Information of China (English)

    刘静

    2013-01-01

    目前我国商业银行会计信息披露存在的问题主要表现在表外业务信息披露不充分、非财务信息披露较少、信息披露制度不统一以及会计信息失真等方面。这些问题主要是由于缺乏外部监督管理、治理结构不完善和缺乏统一的法律法规等原因造成的。因此,为完善商业银行会计信息披露,必须重视表外业务信息及公司治理信息的披露,并不断完善公司治理结构和提高管理技术水平。%The main problems existed in China's accounting information disclosure of commercial bank are the inadequate off-balance sheet information disclosure, less non-financial information disclosure, not unified information disclosure system, false accounting infor-mation and so on, which are caused by the lack of external supervision and management, unperfected governance structure and lack of unified legal laws and regulations. Therefore, to improve the accounting information disclosure of commercial bank, we should paid at-tention to the off-balance sheet information disclosure and corporate governance information disclosure, improve corporate governance structure and enhance management technology level.

  12. The Role of Information Technology in Reduction of Administrative Corruption through Increasing of Information transparency, Improvement of Accountability and Promotion of Integrity; A Case Study of Saderat Bank Branches in Isfahan

    Directory of Open Access Journals (Sweden)

    Hosein Sharifi-Renani

    2014-02-01

    Full Text Available The purpose of this study is to investigate the relationship between information transparency, improve accountability and enhance the reliability and accuracy of the use of information technology (telephone, fax, computer and electronic banking services to reduce corruption in Saderat Bank Branches in Isfahan. The method of this study is Solidarity-Survey. This study uses Cohen, Morgan and Krejcie table and selectes 269 samples randomly among the 900 employees of Saderat Bank Branches. The data were obtained from the two questionnaires with content validity that confirmed by experts and stationary with Cronbach's alpha coefficients for the 0.96 and 0.92. Results were analyzed statistically with the use of descriptive statistics, Pearson correlation coefficient, multiple regression analysis and path analysis. Results showed that information transparency, improve accountability and enhance the reliability and integrity of information technology, including telephone and fax, computer and electronic banking services and have a direct relation with the reduction of corruption.

  13. 12 CFR 34.87 - Accounting treatment.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Accounting treatment. 34.87 Section 34.87 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY REAL ESTATE LENDING AND APPRAISALS Other Real Estate Owned § 34.87 Accounting treatment. A national bank shall account for OREO, and...

  14. Theoretical Derivation of Real Estate Loans accounted for the Ratio of Commercial Banks Influence the Stability%房地产贷款占比对商业银行稳定性影响的理论推导

    Institute of Scientific and Technical Information of China (English)

    刘津旭

    2015-01-01

    本文主要是通过房地产贷款占比对商业银行破产概率的分析,来研究房地产贷款占比对商业银行稳定性的影响。首先,本文分析了商业银行的房地产贷款占比与其稳定性之间的理论基础。在商业银行破产概率模型(即商业银行破产的条件是其净资产小于零)基础之上,通过房地产贷款占比与商业银行净资产收益之间的关系,分析房地产贷款占比对商业银行破产概率的影响。然后,本文又通过分析房地产贷款占比与商业银行破产概率之间的关系,而得到房地产贷款占比影响商业银行稳定性的理论假说。最后,经过一些列理论分析得出的结论是,商业银行的房地产贷款占比与其破产概率之间存在U形函数关系,并且又因为商业银行稳定性与其破产概率之间呈负相关关系,所以本文提出商业银行的房地产贷款占比与其稳定性经营之间存在倒U形函数关系的理论假说。%This paper mainly through the analysis of real estate loans accounted for the ratio of commercial banks bankruptcy probability, to study the inlfuence of real estate loans accounted for the ratio of commercial bank stability. First of all, this paper analyzes the commercial bank real estate loans accounted for the ratio between the theoretical foundation and the stability. In the commercial bank bankruptcy probability model (namely the commercial bank bankruptcy condition is its net assets is less than zero) foundation, through the real estate loans accounted for more than the relationship between income and net assets of commercial banks, the impact of the real estate loans accounted for the ratio of commercial banks bankruptcy probability. Then, this paper through the analysis of real estate loans accounted for the relationship between the ratio of commercial banks and the ruin probability is obtained, and real estate loans accounted for more than the theoretical

  15. 12 CFR 707.4 - Account disclosures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Account disclosures. 707.4 Section 707.4 Banks... § 707.4 Account disclosures. (a) Delivery of account disclosures—(1) Account opening. (i) General. A credit union must provide account disclosures to a member or potential member before an account is...

  16. 12 CFR 561.42 - Savings account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Savings account. 561.42 Section 561.42 Banks... AFFECTING ALL SAVINGS ASSOCIATIONS § 561.42 Savings account. The term savings account means any withdrawable account, except a demand account as defined in § 561.16 of this chapter, a tax and loan account, a...

  17. Reflections on the Teaching Mode Innovation of Bank Accounting Course%银行会计课程教学方式创新的思考

    Institute of Scientific and Technical Information of China (English)

    刘二妹

    2014-01-01

    Bank accounting course is important for financial professional college to foster high-quality combination finan-cial talents of theory and practice, the traditional way of this course teaching is single, so it is necessary to innovate teaching methods. In view of this, this paper puts forward the integration Teaching-Practice-Tutorial mode based on theory and prac-tice .The teacher should pay attention to stimulate students' learning motivation, improve the students' mental skill and oper-ation skill, so as to achieve the teaching objective of the course.%银行会计课程对于高校金融专业培养理论与实践相结合的高素质金融人才有着重要作用,这门课程传统教学方式比较单一,教学方式创新十分必要。鉴于此,文章提出采用理论与实践一体化的讲授-练习-讨论评讲的模式,注重激发学生学习的动机,促进学生心智技能和操作技能的共同提高,从而达到该课程的教学目标。

  18. The Ethical Stance in Banking

    OpenAIRE

    Villa, Jesus Simeon Villa

    2010-01-01

    Abstract Banks have a central role and importance in all commerce and hence in all societies. This thesis investigates the ethical basis of banking practice with the aim of developing an account of the virtues appropriate to bankers and banking. One central issue concerns a conflict between the interests of banks and their customers, and how this conflict plays out in relation to the lending policies and fee structure of banks. Such lending policies can have a significant effect on ban...

  19. Banking structure redesigned

    OpenAIRE

    VARMA, VIJAYA KRUSHNA

    2009-01-01

    Banking structure is redesigned to make India a fully digital nation and to usher in 100% E-governance. Multi dimensional and multipurpose savings account - It is the main keel of this restructured banking. Purpose of this multi dimensional account 1. This savings account can be used for receiving, storing and spending of money. 2. It can be used for buying, selling and holding property rights of immovable properties like lands, plots, flats and commercial establishments. 3...

  20. Market Risk Reporting by the World’s Top Banks: Evidence on the Diversity of Reporting Practice and the Implications for International Accounting Harmonisation

    Directory of Open Access Journals (Sweden)

    Christopher Humphrey

    2008-12-01

    Full Text Available La adopción de las normas internacionales de contabilidad y la convergencia global de la regulación contable, se exhibe frecuentemente como forma de reducir la diversidad en la elaboración de información financiera. Dado que este proceso parece inducido en gran medida por los intereses de las corporaciones internacionales y de los mercados financieros globales, cabría esperar que las mayores corporaciones financieras multinacionales presentaran un gran nivel de convergencia. En este trabajo se aborda este tema de investigación. El análisis de datos longitudinales correspondientes al periodo 2000-2006, de los 25 mayores bancos del mundo, revela que todavía existe una diversidad sustancial en relación a las prácticas de divulgación de riesgo de mercado, tanto en su cálculo numérico como en su forma narrativa. La importancia de los resultados está subrayada por la ilimitada escala de exposición al riesgo por parte del sector bancario que ha quedado al descubierto en la actual crisis financiera global. Las prácticas sobre divulgación financiera documentadas en el trabajo presentan grandes divergencias no sólo entre distintos países sino también entre distintos bancos de un mismo país, por lo que puede alcanzarse la firme conclusión de que, al menos en términos de información sobre riesgo de mercado, el progreso hacia la armonización internacional sigue siendo más aparente que real.The increasing adoption of international accounting standards and global convergence of accounting regulations is frequently heralded as serving to reduce diversity in financial reporting practice. In a process said to be driven in large part by the interests of international business and global financial markets, one might expect the greatest degree of convergence to be found amongst the world’s largest multinational financial corporations. This paper challenges such claims and presumptions. Its content analysis of longitudinal data for the

  1. 12 CFR 561.16 - Demand accounts.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Demand accounts. 561.16 Section 561.16 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY DEFINITIONS FOR REGULATIONS AFFECTING ALL SAVINGS ASSOCIATIONS § 561.16 Demand accounts. The term demand accounts means...

  2. 12 CFR 230.4 - Account disclosures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Account disclosures. 230.4 Section 230.4 Banks... IN SAVINGS (REGULATION DD) § 230.4 Account disclosures. (a) Delivery of account disclosures—(1) Account opening. (i) General. A depository institution shall provide account disclosures to a...

  3. 12 CFR 561.33 - Note account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Note account. 561.33 Section 561.33 Banks and... SAVINGS ASSOCIATIONS § 561.33 Note account. The term note account means a note, subject to the right of... States Treasury Department regulations. Note accounts are not savings accounts or savings deposits....

  4. FRACTIONAL BANKING

    OpenAIRE

    Maria Klimikova

    2010-01-01

    Understanding the reasons of the present financial problems lies In understanding the substance of fractional reserve banking. The substance of fractional banking is in lending more money than the bankers have. Banking of partial reserves is an alternative form which links deposit banking and credit banking. Fractional banking is causing many unfavorable economic impacts in the worldwide system, specifically an inflation.

  5. Islamic Banking

    OpenAIRE

    BLÁHA, Jakub

    2014-01-01

    The aim of this bachelor thesis is to introduce the Islamic banking. Describing historical and religious background of Islam, the Islamic banking and Shari'ah law. Then presenting financing techniques used in the Islamic banking. Eventually describing and analysing the Islamic banking in Malaysia. Comparison between the Islamic banking and the conventional banking is given throughout the bachelor thesis.

  6. Measuring commercial bank efficiency : use and misuse of bank operating ratios

    OpenAIRE

    Vittas, Dimitri

    1991-01-01

    Measuring bank efficiency is difficult because there is no satisfactory definition of bank output. Neither the number of accounts nor total assets, total loans, nor total deposits provide a good index of output. Moreover, the value added of banks - given by their labor costs and profits - measures both the output and cost of banking. Many analysts use accounting data on bank margins, costs and profits as measures of bank efficiency. But the usefulness of such data is undermined by substantial...

  7. Practice and Consideration on the Usage of New Accounting Standards in Accounting and Financial Area of Grass-roots Level People's Bank of China%新会计准则在基层人民银行会计财务工作中的实践与思考

    Institute of Scientific and Technical Information of China (English)

    刘霞花

    2011-01-01

    On the February 15, 2006, the Ministry of Finance officially announced by a basic accounting principles and 38 specific accounting guidelines for the composition of the new accounting standards system, the new accounting standards to fully draw on international accounting standards, the basic realization of the substantive with the International Accounting Standards of convergence. This paper analyzes the new guidelines and problems for financial and accounting work of grassroots People's Banks of China, focusing on the discussion of accounting status, and put forward to rationalize the central bank's monetary policy transmission mechanism, the central bank clearing efficiency, improve and refine the central bank accounting standards, to maintain stable operation of the financial system.%2006年2月15日,财政邵正式公布了由1项基本会计准则和38项具体会计准则组成的新会计准则体系,新会计准则充分借鉴国际会计准则,基本实现了与国际会计准则的实质性趋同。本文分析了新准则下基层人民银行会计财务工作面临的新形势、存在的问题,着重对会计标准现状进行论述,提出理顺中央银行货币政策传导机制,提高中央银行清算效率,改进和完善中央银行会计标准,维护金融体系稳健运行的对策建议。

  8. Current Situation of Commercial Banks Social Accountability of and the Path Selection%商业银行社会责任的现状与路径选择

    Institute of Scientific and Technical Information of China (English)

    陈向阳; 林良旭

    2012-01-01

    伴随着商业银行改革发展的不断深入,实现自身业务发展与履行社会责任的有机统一成为商业银行日益关注的问题。文章对我国商业银行履行社会责任的现状进行了分析,针对目前我国商业银行在承担社会责任过程中面临的一系列问题,提出商业银行应促进经济社会的可持续发展,将履行社会责任嵌入到银行治理架构、企业文化和业务流程之中,加强商业银行社会责任理念的培养,同时法律和银监会还要强化对商业银行履行社会责任的监管。%In the process of the deep development and reform of the commercial banks, integration of the business development and corporate social responsibility (CSR) has become an increasingly important issue of the commercial banks. This paper analyzes the status qua of the Chinese commercial banks'CSR. With respect to the problems which the Chinese commercial banks face when they undertake the social accountability, this paper suggests that commercial banks should enhance the sustainable social and economic development, incorporate the CSR into the bank's governance structure, and strengthen the cultivation of the idea of CSR in the commercial banks, and that law and the CBRC should strengthen the supervision of social responsibility of the banks.

  9. A STUDY ON M-BANKING OFFERED BY BANKS AGAINST MOBILE OPERATORS IN INDIA

    OpenAIRE

    Jaideep Jadhav; Kunal S Badade

    2015-01-01

    Mobile banking is a system that allows customers of a financial institution to conduct a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant. Mobile Banking allows you to bank anytime anywhere through ones mobile phone. One can access the banking information and make transactions on Savings Account, Demat Accounts, Loan Accounts and Credit Cards at absolutely no cost. Mobile banking is on the cusp of transformation from a niche serv...

  10. 12 CFR 561.9 - Certificate account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Certificate account. 561.9 Section 561.9 Banks... AFFECTING ALL SAVINGS ASSOCIATIONS § 561.9 Certificate account. The term certificate account means a savings account evidenced by a certificate that must be held for a fixed or minimum term....

  11. Retail Banking

    OpenAIRE

    Adam Szafarczyk

    2008-01-01

    The retail banking plays more and more important role in polish banking sector. There are several targets of this article. First of all is retail banking identification, both in Euroland and Poland. The next one – trends, especially household deposits and credits and last – retail banking in particular banks.

  12. Bank panics in transition economies

    OpenAIRE

    Niinimäki, Juha-Pekka

    2002-01-01

    This paper discusses recent bank runs in seven transition economies (Russia, Bulgaria, Estonia, Hungary, Latvia, Lithuania and Romania), comparing them against the older US experience and theoretical research. Bank runs seem to usually be information based. For example, improvements in bank transparency such as new accounting rules can reveal a bank’s insolvency and trigger a run. However, bank runs, as seen a few years ago in East Asia, Bulgaria and Russia, may also be accompanied by runs on...

  13. 浅论管理会计在商业银行经营管理中的应用%Discussion of theApplication of Management Accounting in Commercial Bank'sOperation & Management

    Institute of Scientific and Technical Information of China (English)

    李巍

    2015-01-01

    Management accounting is a new subject which gradually forms along with the progress of science and technolo⁃gy, the development of social economy, and the penetration of scientific management. The introduction and use of it will turn to be an important trend in the development of China's commercial banks’accounting. This article will describe the main contents and the important functions of management accounting's application in commercial bank's operation and management, it emphasizes the strengthening of the application strategy of management accounting in commercial bank's operation and management. Through the analysis of this article, it shows that under the background of marketization, to⁃gether with the reform of management system and the rationlization of the management mechanism, management account⁃ing will play a very important role in China's banking industry's future development.%管理会计是随着科学技术的进步、社会经济的发展和科学管理的渗透而逐渐形成的一门新型学科,其引进和运用成为未来我国商业银行会计发展的一个重要趋势。本文将说明管理会计在商业银行经营管理应用中的主要内容与重要作用,重点提出加强管理会计在商业银行经营管理中的应用策略。通过本文的分析表明,在市场化背景下,改革管理体制、理顺经营机制的同时,管理会计必将在我国银行业未来的发展中起到非常重要的作用。

  14. Bank Account Manager Management System and Realization%银行客户经理管理系统的构建与实现

    Institute of Scientific and Technical Information of China (English)

    舒晓斌; 李敏

    2012-01-01

      The bank's customer's relation management(CRM) take customers as center of bank business strategy, and the pur⁃pose is to make the bank understand customers and provide them with characteristic service. So it is necessary for bank to estab⁃lish customer's relation management system to make the communication with customers better and more convenience.This thesis has introduced in detail the customer manager management system's establishment and realization of design ideological and func⁃tion modular.%  银行客户关系管理(CRM)是以客户为中心的银行商务战略,目的是使银行了解客户并为之提供个性化服务。银行为了更好更方便地与客户进行交流,建立客户关系管理系统已成为一种必要。该文详细介绍了银行客户经理管理系统的构建与实现的设计思想及功能模块。

  15. Internet Banking

    Directory of Open Access Journals (Sweden)

    Felician ALECU

    2006-01-01

    Full Text Available Internet Banking (known also as online banking allows performing transactions and payments over the internet through a bank's secure website. This can be very useful, especially for banking outside bank hours (which tend to be very short and banking from anywhere where internet access is available. In most cases a web browser such as Internet Explorer or Mozilla Firefox is utilized and any normal internet connection is suitable. No special software or hardware is usually needed.

  16. Mobile Banking in Russia: User Intention towards Adoption

    OpenAIRE

    Veronika Belousova; Nikolay Chichkanov

    2015-01-01

    Mobile banking is currently one of the most dynamic and rapid growth types of distance banking services. In recent years in Russia, the number of individual bank accounts that can be accessed remotely using mobile devices has increased by more than 20 times. With every year, an increasing number of banks offer mobile banking services. Nevertheless, the popularity of mobile banking applications is lower than the popularity of other banking services. Thus the problem of mobile banking adoption ...

  17. Consumer protection in banking

    OpenAIRE

    Pohanková, Martina

    2013-01-01

    In real world, a market functioning is not perfect. Usually, there is one party in a contract that has weaker position than the other one. In a consumer contract it is a consumer who does not have sufficient information and knowledge. In developed countries, a consumer protection is therefore a part of law regulation. The thesis deals with the consumer protection in banking. It focuses on general topics as well as specific topics, such as banking accounts, electronic fund transfers and consum...

  18. Banking for all and for everything

    OpenAIRE

    VARMA, VIJAYA KRUSHNA

    2009-01-01

    Varma suggests radical bank reforms to usher in fully liberalized and transparent economic system. The time has come to radically reform banking sector to the ultimate level where there will be no NPAs, unemployment, black money, fake currency, economic recession and corruption. Liberalise the banking sector to establish a bank branch at every village or colony having population of 2500 so that each bank shall handle approximately 2000 accounts. * To give every citizen above the age of 15...

  19. E-Banking in Pakistan: Issues and Challenges

    OpenAIRE

    Syed Sheheryar Ali Kazmi; Muhammad Hashim

    2015-01-01

    Banking sectors are now moving to online banking services, which enable customers to get access to their accounts form their web enable computers to banking online system. The main purpose of this article is to describe the major issue and challenges in the development in online banking industry and also to show the application of electronic banking in Pakistan, through e-banking the banking sectors can reduce the operating cost and provide fast and more better services to their customers and...

  20. Mobile Banking in Russia: User Intention towards Adoption

    OpenAIRE

    Veronika Belousova; Nikolay Chichkanov

    2015-01-01

    Mobile banking is one of the most dynamic developing types of distance banking services. For the recent years in Russia, the amount of individual bank accounts with the ability of the distance access through mobile devices increased more than by 20 times. Every year more and more banks start to offer mobile banking services. Despite this, the popularity of mobile banking applications is lower than the popularity of other banking services. Thus the problem of mobile ...

  1. 12 CFR 621.4 - Audit by qualified public accountant.

    Science.gov (United States)

    2010-01-01

    ... cases, the specific provisions of generally accepted accounting principles and generally accepted... provisions of generally accepted accounting principles and generally accepted auditing standards upon which... Section 621.4 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM ACCOUNTING AND...

  2. 供应链金融应收账款融资模式下银企博弈分析%Game Analysis of Bank Accounts Receivable Financing Mode of Supply Chain Finance

    Institute of Scientific and Technical Information of China (English)

    戴剑勇; 张在雄

    2015-01-01

    The financing difficulty is always the key to restricting the development of SMES. The appearance of supply chain fi-nance provides a new way to solve the problem of financing difficulties of SMES. In this paper, it analyzes the relationship between banks,core enterprise and SMES through establishing banking game model in the supply chain financial accounts receivable financing. It concludes that:in the supply chain finance accounts receivable financing mode, the credit conditions of the core enterprises play a decisive role in the accounts receivable financing of SMES. When the cost of default is large enough, the core enterprise and SMES will choose compliance to achieve tripartite win-win situation.%融资难问题始终是制约中小企业发展的关键所在,供应链金融的出现,为解决中小企业的融资难问题提供了一条新途径。文章通过建立供应链金融应收账款融资模式下银企博弈模型,分析银行、核心企业和中小企业三者之间的相互关系,得出:在供应链金融应收账款融资模式中,核心企业的信用状况对中小企业的应收账款融资起着决定性的作用,当违约成本足够大时,核心企业与中小企业都会选择守约,从而实现三方共赢。

  3. Shadow banking

    OpenAIRE

    Pozsar, Zoltan; Adrian,Tobias; Ashcraft, Adam; Boesky, Hayley

    2010-01-01

    The rapid growth of the market-based financial system since the mid-1980s changed the nature of financial intermediation in the United States profoundly. Within the market-based financial system, "shadow banks" are particularly important institutions. Shadow banks are financial intermediaries that conduct maturity, credit, and liquidity transformation without access to central bank liquidity or public sector credit guarantees. Examples of shadow banks include finance companies, asset-backed c...

  4. Investment banks

    OpenAIRE

    Lejot, P

    2013-01-01

    Investment banking is a generic term for transactional activities involving financial intermediation conducted through open markets. It was long associated with a legal demarcation in the US and Japan that separated banks that made loans and took deposits from those that traded in securities, but now denotes risk-based activities in banks of any kind. This paper explains investment banking practices in terms of reputational capital, and contrasts the transactional skills and innovation found ...

  5. 商业银行会计报表分析--基于2013年吉林省银行业数据%Analysis of Commercial Bank Accounting Statements -- Based on 2013 Jilin Province Banking Data

    Institute of Scientific and Technical Information of China (English)

    张化丹; 杨春雪

    2014-01-01

    商业银行会计报表分析是充分了解商业银行运营情况的有效途径,是促进中央银行履职的重要手段。近年来,吉林省银行业的发展日新月异,尤其是具有地区发展特色的村镇银行等区域性中小型银行的崛起不容小觑。本文从总体财务状况、流动性、安全性、盈利性、资产负债结构、经营成果结构等方面对我省银行业的财务状况及经营成果进行分析,为我省银行业持续健康发展提出相关建议。% Analysis of the accounting statements of commercial banks is an effective way to fully understand the commercial banking operation conditions, is an important means to promote the resumption of the central bank. In recent years, the development of Jilin province banking change rapidly, especially the rise of regions with the development characteristic of village banks and other regional small and medium banks should not be underestimated. This paper analyzes the financial conditions and operating results of the banking sector in our province from the aspects of the overall ifnancial position, liquidity, safety, proiftability, asset liability structure, operating results of structure, for the banking sector in our province continues to put forward relevant suggestions and healthy development.

  6. ELECTRONIC BANKING SERVICES IN ECONOMY BASED ON KNOWLEDGE

    Directory of Open Access Journals (Sweden)

    Răbonţu Cecilia Irina

    2009-05-01

    Full Text Available The term "electronic banking" or "ebanking" covers both computer and telephone banking. Using computer banking, a charity’s computer either dials directly into its bank's computer or gains access to the bank’s computer over the internet. Using telephone banking, the charity controls its bank accounts by giving the bank instructions over the telephone. Both computer and telephone banking involve the use of passwords which give access to the charity’s accounts. Technological innovation and competition among existing banking organizations have allowed a wider array of banking products and services to become accessible and delivered through the Internet. The rapid development of e-banking capabilities carries risks as well as benefits. The bankers are to recognize, address and manage banking institutions in a prudent manner according to the fundamental characteristics and challenges of e-banking services

  7. 完善商业银行表外业务会计处理与信息披露的思考%On Improving the Accounting Treatment and Information Disclosure of Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    陈桂花

    2015-01-01

    近年来,出于盈利和规避监管的动机,商业银行表外业务迅速发展,在此大背景下,迫切需要在现行企业会计制度基础之上,完善商业银行表外业务会计处理与信息披露制度。本文从分析银行机构表外业务会计处理与披露存在的问题出发,借鉴国际经验,提出了完善我国商业银行表外业务会计处理与信息披露的建议。%In recent years, with the motivation of profit and avoiding supervision, commercial banks are developing rapidly. In this context, it is urgent to improve the accounting system of commercial banks based on the current enterprise accounting system. This paper analyzes the problems in the accounting treatment and disclosure of banking institutions, and puts forward the suggestions of improving the accounting treatment and information disclosure of commercial banks in China.

  8. Is shadow banking really banking?

    OpenAIRE

    Bryan J. Noeth; Rajdeep Sengupta

    2011-01-01

    To those who don't know, the term "shadow banking" probably has a negative connotation. This primer draws parallels between what has been termed the shadow banking sector and the traditional banking sector—showing that they are similar in many ways.

  9. 12 CFR 561.31 - Nonwithdrawable account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Nonwithdrawable account. 561.31 Section 561.31... AFFECTING ALL SAVINGS ASSOCIATIONS § 561.31 Nonwithdrawable account. The term nonwithdrawable account means an account which by the terms of the contract of the accountholder with the savings association or...

  10. Accounting and Accounting Policy

    OpenAIRE

    Demidenko Leonid P.

    2013-01-01

    The article considers essence and contents of accounting policy. Its provides information with respect to main aspects of formation and application of accounting policy in Ukraine. It studies the structure of regulations on accounting policy that were developed in a company. It specifies correlation of accounting policy and organisation of accounting. It explains the determining role of the top manager and chief accountant in formation of accounting policy of a company. It identifies regulati...

  11. The impact of debit card regulation on checking account fees

    OpenAIRE

    Richard J. Sullivan

    2013-01-01

    Starting in 2011, when new regulations capped the interchange fees paid to banks for debit card transactions, some news reports predicted banks might increase checking account fees. The cap reduced many banks' revenue and the concern was that they might offset their losses by charging more for checking accounts. Sullivan examines data from broad samples of banks and finds that many large banks raised fees—but among the thousands of smaller banks that had been exempted from the regulations, so...

  12. 12 CFR 745.9-1 - Trust accounts.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Trust accounts. 745.9-1 Section 745.9-1 Banks... AND APPENDIX Clarification and Definition of Account Insurance Coverage § 745.9-1 Trust accounts. (a... defined in § 745.2(d)(4)), for the same beneficiary, deposited in an account and established pursuant...

  13. Accounting and Auditing : Romania

    OpenAIRE

    World Bank

    2008-01-01

    This assessment of accounting and auditing practices in Romania is part of a joint initiative by the World Bank and International Monetary Fund (IMF) to prepare Reports on the Observance of Standards and Codes (ROSC). The assessment focuses on the strengths and weaknesses of the accounting and auditing environment that influence the quality of corporate financial reporting, and includes a ...

  14. Indonesia : Accounting and Auditing

    OpenAIRE

    World Bank

    2011-01-01

    This report is part of a joint initiative of the World Bank and IMF to prepare Reports on the Observance of Standards and Codes (ROSC). The ROSC Accounting and Auditing review for Indonesia mainly focuses on the strengths and weaknesses of the accounting and auditing environment that influences the quality of corporate financial reporting. It involves both a review of mandatory requirement...

  15. 40 CFR 97.155 - Banking.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Banking. 97.155 Section 97.155 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) AIR PROGRAMS (CONTINUED) FEDERAL NOX... Banking. (a) CAIR NOX allowances may be banked for future use or transfer in a compliance account or...

  16. 40 CFR 97.255 - Banking.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Banking. 97.255 Section 97.255 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) AIR PROGRAMS (CONTINUED) FEDERAL NOX... Banking. (a) CAIR SO2 allowances may be banked for future use or transfer in a compliance account or...

  17. 40 CFR 97.55 - Banking.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Banking. 97.55 Section 97.55 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) AIR PROGRAMS (CONTINUED) FEDERAL NOX... Banking. NOX allowances may be banked for future use or transfer in a compliance account, an...

  18. Banks Sparkle

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    There is no doubt that China’s banking system is a calm port in the global financial storm. Moreover, a great regulatory firewall and an easing monetary environment have enabled Chinese banks to increase lending and help shrug off the economic downturn. Yi Xianrong, a researcher at the Institute of Finance and Banking under the Chinese Academy of Social Sciences, discussed this topic in a recent article in the Shanghai Securities Journal. Edited excerpts follow:

  19. Shadow banking

    OpenAIRE

    Rahm, Jiří

    2013-01-01

    In my bachelor paper I focus on the issue of shadow banking. The paper is theoretically oriented. Its main goal is to provide overview on the shadow banking system. The text is divided into four parts. The first part includes the definition of shadow banking and the description of its characteristics. The credit intermediation in shadow banking and the process of securitization is explained in the second part. The third part is aimed at mapping of situation in the area of implementation of re...

  20. ONLINE BANKING IN THE ROMANIAN BANKING SYSTEM

    OpenAIRE

    IMOLA DRIGĂ

    2014-01-01

    In the world of banking, the development of IT has a huge effect on development of more flexible payments methods and more user-friendly banking services. Recently, modern electronic banking services, internet and mobile banking, have rejuvenated banking transactions. Electronic banking over the Internet is one of the newest e-banking services with several benefits both for banks and for customers. The paper aims to provide an overview of online banking services highlighting various aspect...

  1. 12 CFR 28.53 - Accounting for fees on international loans.

    Science.gov (United States)

    2010-01-01

    ... principles. ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Accounting for fees on international loans. 28... INTERNATIONAL BANKING ACTIVITIES International Lending Supervision § 28.53 Accounting for fees on...

  2. 会计稳健性原则对基层央行会计信息决策的效用分析%An Analysis on the Effect of the Principles of Accounting Conservatism on Accounting Information Decision-making in Grass-root Central Banks

    Institute of Scientific and Technical Information of China (English)

    何燕

    2012-01-01

    The paper expatiates the meaning of accounting conservatism to accounting decision-making optimization in grass-root central banks, analyzes the application of principles of accounting conservatism, and puts forward several suggestions such as moderately applying the principles, reasonably arranging the order of application of accounting information, strengthening auditing supervision and internal restraint mechanism, enforcing system and staff construction and so on.%本文阐述了会计稳健性对基层央行会计决策优化的现实意义,分析了会计稳健性原则在基层央行的应用途径,并提出适度把握稳健性原则的"度"、合理确定会计信息的使用顺序、强化审计监督和内部约束机制、加强制度及会计职业人员队伍建设等建议。

  3. 12 CFR 561.28 - Money Market Deposit Accounts.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Money Market Deposit Accounts. 561.28 Section 561.28 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY DEFINITIONS FOR REGULATIONS AFFECTING ALL SAVINGS ASSOCIATIONS § 561.28 Money Market Deposit Accounts. (a) Money...

  4. Multi-bank loan pool contracts

    OpenAIRE

    Gintschel, Andreas; Hackethal, Andreas

    2004-01-01

    We show that multi-bank loan pools improve the risk-return profile of banks? loan business. Banks write simple contracts on the proceeds from pooled loan portfolios, taking into account the free-rider problems in joint loan production. Thus, banks benefit greatly from diversifying credit risk while limiting the efficiency loss due to adverse incentives. We present calibration results that the formation of loan pools reduce the volatility in default rates, proxying for credit risk, of particip...

  5. Risk Management in Banks through Hedging

    OpenAIRE

    Bihari Suresh Chandra; Khanna Rishabh

    2010-01-01

    Banking as a financial intermediary sector, faces numerous risks in the form of accounts converting to Non Performing Assets (NPAs) and also the risks which are uncontrollable like foreign exchange risk, interest rate risk etc. For this, the transit towards risk management practices in every sphere has become imperative in the present scenario. Indian Banks especially public sector banks have long used risk management activities such as duration and gap analysis where these banks manipulate t...

  6. Crash Testing German Banks

    OpenAIRE

    Klaus Duellmann; Martin Erdelmeier

    2009-01-01

    In this paper we stress-test credit portfolios of twenty-eight German banks based on a Merton-type multifactor credit-risk model. The stress scenario is an economic downturn in the automobile sector. Although the percentage of loans in the automobile sector is relatively low for all banks in the sample, the expected loss conditional on the stress event increases substantially by 70–80 percent for the total portfolio. This result confirms the need to account for hidden sectoral concentration r...

  7. BANK GUARANTEES

    Directory of Open Access Journals (Sweden)

    VASILE NEMES

    2012-05-01

    Full Text Available The present study propose the analyse of the irrevocable commitment of a bank entity towards a determined person, through which guarantees a certain legal conduct of its client, and, in case of breach, assumes the payment obligation of a determined amount of money. This kind of legal technique it is called bank guarantee and in the usual business language it is called “Letter of Bank Guarantee”. The determined reason to choose this scientific initiative it is the frequency of this kind of financial - banking commitments with various practical issues which are occurred by the use of those. From the legal point of view, the bank guarantees are not under an own legal regulation and are based on the common law, used in the guarantees domain. Through the new aspects of the actual Civil Code it are the legal regulation of the letter of bank guarantee and of the comfort letter, which shall constitute the main regulation in the negotiation and conclusion of a letter of bank guarantee or a bank comfort letter. For the legal reports with foreign elements, the parties can also use the Uniform Rules regarding the Guarantees at Request (URGR Publish no.758/2010.

  8. ONLINE BANKING IN THE ROMANIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    IMOLA DRIGĂ

    2014-12-01

    Full Text Available In the world of banking, the development of IT has a huge effect on development of more flexible payments methods and more user-friendly banking services. Recently, modern electronic banking services, internet and mobile banking, have rejuvenated banking transactions. Electronic banking over the Internet is one of the newest e-banking services with several benefits both for banks and for customers. The paper aims to provide an overview of online banking services highlighting various aspects globally as well as in the Romanian banking system. Even if there already are several studies on web banking, this topic still remains a resourceful area for academic research in the next decade.

  9. Limited Deposit Insurance Coverage and Bank Competition

    OpenAIRE

    Shy, Oz; Stenbacka, Rune; Yankov, Vladimir

    2014-01-01

    Deposit insurance designs in many countries place a limit on the coverage of deposits in each bank. However, no limits are placed on the number of accounts held with different banks. Therefore, under limited deposit insurance, some consumers open accounts with different banks to achieve higher or full deposit insurance coverage. We compare three regimes of deposit insurance: No deposit insurance, unlimited deposit insurance, and limited deposit insurance. We show that limited deposit insuranc...

  10. 7 CFR 1902.15 - Closing accounts.

    Science.gov (United States)

    2010-01-01

    ... Rural Development grant funds in accordance with 7 CFR part 1951, subpart B or (iv) For the return of... 7 Agriculture 12 2010-01-01 2010-01-01 false Closing accounts. 1902.15 Section 1902.15 Agriculture... SUPERVISED BANK ACCOUNTS Supervised Bank Accounts of Loan, Grant, and Other Funds § 1902.15 Closing...

  11. BANK GUARANTEES

    OpenAIRE

    VASILE NEMES

    2012-01-01

    The present study propose the analyse of the irrevocable commitment of a bank entity towards a determined person, through which guarantees a certain legal conduct of its client, and, in case of breach, assumes the payment obligation of a determined amount of money. This kind of legal technique it is called bank guarantee and in the usual business language it is called “Letter of Bank Guarantee”. The determined reason to choose this scientific initiative it is the frequency of this kind of fin...

  12. Features of the transformation of banking system of Ukraine under the conditions of strengthening of bank regulatory requirements

    OpenAIRE

    Yuliana Kudlyak

    2015-01-01

    This paper suggests an approach to banks' classification according to their impact on the stability and development of the banking system, taking into account the market environment factors and criteria of systemic importance of banking institutions and states the appropriate strategy for the transformation of the national banking system.

  13. Innovative Secure Mobile Banking Services

    Directory of Open Access Journals (Sweden)

    Mousa T AL-Akhras

    2011-01-01

    Full Text Available Due to the widespread use of computer technologies in almost all aspects of life, organisations that are connected to the Internet started extending their services to their customers to include new applications and services that satisfy their customers’ desires to make better businesses. One of these emerging applications is mobile banking. The term mobile banking (or m-banking describes the banking services that the user can perform via a mobile device ubiquitously at anytime and from anywhere. In order for users to access their accounts, they need a mobile device and network connectivity. Therefore, sitting in front of a computer is not a requirement anymore; accessing accounts can occur while users are waiting their turn at the dentist clinic or relaxing at the beach! This paper explores the opportunities of using mobile technology in the electronic banking (e-banking sector to enhance existing banking services by moving toward m-banking using mobile devices and wireless media that can provide opportunities for ubiquitous access to the banking services as mobile technologies can be used at anytime and from anywhere. The technical problems encountered while using the mobile devices presents some technical difficulties and challenges for the m-banking. In this paper we introduce a mobile system that demonstrates the flexibility gained out of this technology and covers the major aspects of such kind of applications. The proposed system covers two parts: the customer services (user interface and the security aspects. In the user interface part, banking facility is provided to the user through the mobile device to implement banking transactions. The model provides customers with the services: billing payments, transferring of funds, viewing of customer’s accounts and transactions, allowing the user to change his/her password and request a cheque book. The application takes into consideration security aspects, it satisfies the following

  14. Determinants of Internet Banking Adoption in Jordan

    Directory of Open Access Journals (Sweden)

    Haneen A. Abu-Assi

    2014-11-01

    Full Text Available The primary purpose of internet banking research is to investigate the factors that influence the E-Banking adoption of clients who have internet access. To develop a theoretical framework model in the context of this study, the literature that relates to the Technology Acceptance Model (TAM, Diffusion of Innovations (DOI, Technology Readiness Index (TRI and their various adaptations were undertaken. Internet banking has been considered an innovative service, whose potential adoption by clients will be investigated. The model of this research purposes an extension to the latter models, which account for essential factors that affect the adoption of E-Banking services in Jordanian commercial banks. The study population was identified as banking clients who regularly use their online banking system account. The study used the questionnaire survey method in order to test the hypotheses and to explore its implications. 350 questionnaires were disseminated to the research sample. Multiple Regression and One Way ANOVA tests were applied to test the research hypothesis. The results show that compatibility, perceived ease of use, security and perceived usefulness positively affect internet banking adoption. Furthermore, this research adds a new component by studying the effect of all the independent factors together and identifies a positive relationship between them and internet banking adoption. Hence, synergistic relations between these factors should be secured in order to ensure their higher effect on internet banking adoption. In addition, the research demonstrates that all demographic categories studied have influenced internet banking adoption, indicating that they should be used to build the correct segmentation for consumers in order to develop proper marketing strategies. Based on the findings of the research, a number of recommendations are presented to increase internet banking adoption among the Jordanian consumers. First, to enhance

  15. ASSESING THE DETERMINANTS OF BANK LIQUIDITY. CASE STUDY ROMANIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Florin Alexandru LUCA

    2016-06-01

    Full Text Available The financial crisis has highlighted the importance of liquidity risk for the banking system. Therefore, this study focuses on identifing the determinants of liquidity of Romanian banks. The data cover the period from 2006 to 2013 and take into account only bank-specific factors. The empirical study was applied on 16 Romanian banks and based on previous studies and uses different liquidity ratios, encompassing different points of view on liquidity. Regarding the explanatory variables considered in this analysis, they include various items of internal character concerning: capital adequacy, asset quality, profitability, efficiency of financial intermediation and the size of the banks. The results of our regression analysis indicate that bank liquidity is positively related to capital adequacy of banks and bank profitability and negatively related to the rate of non-performing loans, net interest margin and the size of the bank.

  16. Bank Efficiency and Executive Compensation

    OpenAIRE

    Timothy King; Jonathan Williams

    2013-01-01

    We investigate whether handsomely rewarding bank executives’ realizes superior efficiency by determining if executive remuneration contracts produce incentives that offset potential agency problems and lead to improvements in bank efficiency. We calculate executive Delta and Vega to proxy executives’ risk-taking following changes in their compensation contracts and estimate their relationship with alternative profit efficiency. Our study uses novel instruments to account for the potentially e...

  17. Audit Committees in Central Banks

    OpenAIRE

    Kenneth Sullivan; Marie-Therese Camilleri; Tonny Lybek

    2007-01-01

    This paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance. It outlines the motivations for the establishment of audit committees in commercial corporations and public sector entities, and explains how audit committees interact with other governance bodies within a central bank. The paper focuses on the functions of an audit committee, since the terminology of the governance structure i...

  18. ELECTRONIC BANKING ADVANTAGES FOR FINANCIAL SERVICES DELIVERY

    Directory of Open Access Journals (Sweden)

    Paun Dragos

    2010-12-01

    Full Text Available E-banking is a fully automatic service for traditionally banking customers products based on information technology platforms. E-banking services provide customer access to accounts, the ability to move their money between different accounts or making payments via e-channels. The advantages generated by this services have determined an accelerate developing of this industry over the entire world. This paper examines some of the advantages of electronic banking products together with the characteristic management issues generated by the implementation of this new channel for financial services delivery.

  19. 12 CFR 561.54 - United States Treasury Time Deposit Open Account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false United States Treasury Time Deposit Open Account. 561.54 Section 561.54 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY... Open Account. The term United States Treasury Time Deposit Open Account means a...

  20. Pakistan : Accounting and Auditing

    OpenAIRE

    World Bank

    2005-01-01

    This report is based on an assessment of accounting and auditing practices in the Islamic Republic of Pakistan. It forms part of a joint initiative between the World Bank and the International Monetary Fund on Reports on the Observance of Standards and Codes (ROSC). The assessment focuses on the strengths and weaknesses of corporate accounting and auditing practices in Pakistan and involves a review of both mandatory requirements and actual practice. The report consists of policy recommendati...

  1. Defining Islamic accounting

    OpenAIRE

    Napier, Christopher

    2009-01-01

    The emergence of Islamic banks and other financial institutions since the 1970s has stimulated a modern literature of that has identified itself as addressing “Islamic accounting”. Much of this literature is prescriptive, though studies of actual practice, and of attitudes to proposed alternatives, are beginning to emerge. Historical research into Islamic accounting is still in a process of development, with a range of studies based on both primary archives and manuals of accounting providi...

  2. Croatia : Accounting and Auditing

    OpenAIRE

    World Bank

    2002-01-01

    This report is based on an assisted self-assessment of accounting and auditing standards and practices in Croatia conducted under the management of a National Steering Committee consisting of representatives form government and the private sector. The self-assessment exercise, complemented by due diligence by Bank staff, specifically focused on the strengths and weaknesses of the instituti...

  3. School Autonomy and Accountability

    OpenAIRE

    Arcia, Gustavo; MacDonald, Kevin; Patrinos, Harry Anthony; Porta, Emilio

    2011-01-01

    The objective of this paper is to present an assessment scale for benchmarking school autonomy and accountability. This scale is one of the tools being developed under system assessment and benchmarking for education results (SABER) initiative created by the World Bank as part of its education strategy. The purpose of this scale is to reinforce the monitoring and evaluation of education sy...

  4. Investment, Internal Funds and Public Banking in Germany

    OpenAIRE

    Engel, Dirk; Middendorf, Torge

    2007-01-01

    Previous studies argued that low investment-cash flow sensitivities of German firms may be caused by dominance of public banking.The paper addresses this topic and applies a unique accounting dataset of German firms. Results from a dynamic panel data approach show that the dependence of investment spending on internal funds does not significantly differ between firms attached to savings banks, cooperative banks or commercial banks. Thus, the importance of the public banking sector in Germany ...

  5. Risk Management In Mudharabah And Musharakah Financing Of Islamic Banks

    OpenAIRE

    Irawan Febianto

    2010-01-01

    The low level participation of the Islamic banks in mudharabah and musharakah financing models has become one of the problems in the development of the industry. This arrangements are unique to Islamic banking and account for its superiority over conventional banking on grounds of ethics and efficiency, but the majority of Islamic banks have limited themselves to less risky trade-financing assets, which tend to be a shorter maturity. This paper tries to analyzes why Islamic banks are reluctan...

  6. Pengaruh Sistem Informasi Akuntansi terhadap keefektifan pengendalian Internal pada Bank-bank umum yang terdaftar paada Bursa efek Indonesia

    OpenAIRE

    Ardhynatha S.

    2015-01-01

    Internal control system is the important element in management of a bank. I's a basic system to do a safe and healthy bank operational that can develop properly. Internal control system can help the managerial of bank to protect bank asset, to guarantee certified financial report and reliable accurate managerial. Accounting system information is a series of formal procedures which is every financial transaction collected and processed due to be applicable accounting information for user. ...

  7. Pengaruh Sistem Informasi Akuntansi terhadap Keefektifan Pengendalian Internal pada Bank-Bank umum yang terdaftar di BEI

    OpenAIRE

    Nurafni

    2013-01-01

    “THE IMPACT OF ACCOUNTING INFORMATION SYSTEM ON EFFECTIVENESS OF INTERNAL CONTROL IN COMMERCIAL BANKS LISTED IN BEI” The purpose of the present study is to identify the impact of accounting information systems of the effectiveness of internal controls on commercial banks listed on the Stock Exchange through the analysis of management oversight and internal controls. To collect data, used for distributing questionnaires to banking staff who work on a sample of banks in this study. Out of 39...

  8. Factors Affecting Internet Banking Usage in India: An Empirical Analysis

    Directory of Open Access Journals (Sweden)

    Shariq Mohammed

    2013-10-01

    Full Text Available This study aims at identifying the factors affecting the customers demand for Internet banking usage by analyzing sample of 450 consumers’ responses who have been interviewed personally through structured survey in 3 districts of Uttar Pradesh India. The study was conducted on the private, public and foreign banks which included ICICI Bank Ltd., HDFC Bank Ltd. and AXIS Bank, Standard Chartered Bank and Yes Bank. Among public sector banks the respondents were from Bank of Baroda, Punjab National Bank and State Bank of India and Canara Bank. The sample size of 450 has been taken from among the urban population of above 18 years of age. The result indicates that the educated respondents use the service of internet banking. Based on occupation we can say that the service class and the business class is the one who use internet banking service to nearly 2 times as other occupation. The high income respondents having more than 1 lack income prefer to use this service. The private sector bank account holders use this service as compared to public sector banks. The banking attributes i.e. convenience and security do have very attentive influence on the use of Internet banking.

  9. Information Technology Role in Reducing E-Banking Services Risk in Jordanian Banking Sector

    Directory of Open Access Journals (Sweden)

    Ahmad Y. Areiqat

    2012-01-01

    Full Text Available Problem statement: This study aims to highlight the role of information technology in reducing risk of electronic banking services in the Jordanian banking sector. The study was conducted on three banks as a sample representative of the Jordanian banking sector. Approach: Data collection was through conducting personal interviews with the operations managers in the three banks (HBTF, JC Bank and Audi Bank. Results: The results showed that Jordanian banks showed highest attention toward risk management of e-banking, through their commitment to Basel Standards on risk management. Conclusion: Through the study, it will be clear that Jordanian banks committed to the standards of the Basel committee on safety and security of electronic banking services. These banks take into account all the potential risks before applying any system of electronic services. It is irrefutable evidence on the banks of Jordan keenness on protecting themselves and their customers from risk of theft through electronic means, the banks included their websites with detailed instructions to ensure that no customer fall prey to hackers.

  10. Catering to Regulatory Requirements and Application of Fair Value Accounting:Evidence from Listed Banks in China%迎合监管与公允价值会计运用--来自中国上市银行的经验证据

    Institute of Scientific and Technical Information of China (English)

    谭洪涛; 汪洁; 黄晓芝

    2014-01-01

    By using a data set of Chinese listed commercial banks from 2007 -2012, this paper investigates the relationship between fair value accounting and adjusted behaviors of commercial banks catering to the regulatory requirements.It's found that (1 ) The preference and adoption level of fair value accounting in China's commercial banks have a significant impact on their capital adequacy ratios;(2 )When commercial banks face the regulatory pressure on the core capital adequacy ratio,bank management prefers to holding financial assets held for trading to manipulate bank capital;(3 )When the current capital adequacy ratio predicted at a low level,bank management also prefers to holding financial assets held for trading.Further study does not find significant difference between the four major state-owned commercial banks and other banks in use of fair value accounting to meet regulatory requirements.The research result provides empirical evidence on behavior adjustments of commercial banks to cater to regulatory requirements by adopting fair value accounting in capital management,and also supports the execution of Regulating the Capital Adequacy Requirement ofCommercial Banks (Trial)on January 1,2013 in China.%以我国A股上市银行2007-2012年数据为研究样本,分析公允价值会计的引入与商业银行迎合资本监管行为调整之间的关系。研究发现:(1)我国商业银行采用公允价值会计的偏好及运用程度确实对其资本充足率产生重要影响;(2)当商业银行面临核心资本充足率监管压力时,银行管理层倾向于持有交易性金融资产进行资本管理;(3)当商业银行预计当期资本充足率较低时,管理层倾向于持有交易性金融资产。进一步研究发现,四大国有银行与非四大国有商业银行在运用公允价值会计迎合监管行为方面没有显著差异。研究结论为商业银行存在迎合资本监管要求而利用公允价值会计进行

  11. The Bank of England Bank Liabilities Survey

    OpenAIRE

    Bell, Venetia; Butt, Nick; Talbot, James

    2013-01-01

    In order to improve understanding of the role of bank liabilities in driving credit and monetary conditions, the Bank of England began conducting a formal Bank Liabilities Survey last year. This survey is intended to supplement the data collected on the asset side of bank balance sheets by the Bank of England’s quarterly survey of credit conditions, which was introduced in 2007. The first results of the Bank Liabilities Survey will be published on 26 March. This article introduces the survey.

  12. Fair value accounting and financial stability

    OpenAIRE

    Andrea Enria; Lorenzo Cappiello; Frank Dierick; Sergio Grittini; Andrew Haralambous; Angela Maddaloni; Philippe Molitor; Fatima Pires; Paolo Poloni

    2004-01-01

    Accounting standard setters are considering the wider use of fair value accounting. This paper focuses on the financial stability implications of a move in the banking sector from the current accounting framework to full fair value accounting. A simulation exercise is performed on how various external shocks affect the balance sheet of an average European bank under the two frameworks. The paper further investigates the impact of the alternative framework on the main balance sheet items, and ...

  13. Lithuania : Banking System Assessment

    OpenAIRE

    World Bank

    2009-01-01

    The Bank of Lithuania (BoL), the Central Bank, was established in 1990. BoL has the exclusive right to grant and revoke licenses to local and foreign banks and to supervise their activities. Private commercial banking boomed from 1991 to 1994 while bank regulation was lax. In late 1995, a bank crisis caused failures of most of the Lithuanian banks, and the remaining banks resulted in better ...

  14. 12 CFR 619.9140 - Farm Credit bank(s).

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit bank(s). 619.9140 Section 619.9140 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9140 Farm Credit bank(s). Except as otherwise defined, the term Farm Credit bank(s) includes Farm Credit...

  15. Customer Adoption of Internet Banking in Mauritius

    OpenAIRE

    N. Mamode Khan; N. Emmambokus

    2011-01-01

    Internet banking offers many benefits but little research has been done about its acceptance in Mauritius. This paper aims at assessing the factors that contribute to the adoption of internet banking in Mauritius. To support our arguments, we use a logistic regression model based on a sample survey to analyze the factors that influence internet banking in Mauritius. We conclude that factors such as age, income, service usefulness, risk factor, checking account frequency and internet location ...

  16. Environmental Economics at the World Bank

    OpenAIRE

    Dasgupta, Susmita; Hamilton, Kirk; Pagiola, Stefano; Wheeler, David

    2008-01-01

    In this paper, we examine several channels through which environmental economics has affected the World Bank's development agenda. We also describe the evolution of environmental economics at the Bank. At the macro level, we examine the growing influence of resource and environmental accounting in the Bank's policy work. From the micro perspective, we consider the role of environmental valuation in project analysis, the assessment of environmental damage, and the development of innovative env...

  17. Economic profit and performance measurement in banking

    OpenAIRE

    Ralph C. Kimball

    1998-01-01

    Successful bank operation requires managers to weigh complex trade-offs between growth, return, and risk. In recent years banks increasingly have adopted innovative performance metrics based on the concept of economic profit, rather than accounting earnings to assist managers in making such difficult and complex decisions. Banks hope in this way to elicit better decision-making by managers and also too align managerial behavior more closely with the interests of shareholders. This article ana...

  18. Regional Banking Instability and FOMC Voting

    OpenAIRE

    Eichler, Stefan; Lähner, Tom; Noth, Felix

    2016-01-01

    This study analyzes if regionally affiliated Federal Open Market Committee (FOMC) members take their districts' regional banking sector instability into account when they vote. Considering the period from 1978 to 2010, we find that a deterioration in a district's bank health increases the probability that this district's representative in the FOMC votes to ease interest rates. According to member-specific characteristics, the effect of regional banking sector instability on FOMC voting behavi...

  19. Competition in bank-provided payment services

    OpenAIRE

    Bolt, Wilko; Humphrey, David

    2013-01-01

    Banks supply payment services that underpin the smooth operation of the economy. To ensure an efficient payment system, it is important to maintain competition among payment service providers but data available to gauge the degree of competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank-provided payment services. Billion dollar banks account for around ninety percent of assets in the US and those with around to billion in assets ...

  20. Endogenous credit derivatives and bank behavior

    OpenAIRE

    Pausch, Thilo

    2007-01-01

    Instruments for credit risk transfer arise endogenously from and interact with optimizing behavior of their users. This is particularly true with credit derivatives which are usually OTC contracts between banks as buyers and sellers of credit risk. Recent literature, however, does not account for this fact when analyzing the effects of these instruments on banking. The present paper closes this gap by explicitly modelling the market for credit derivatives and its interaction with banks? loan ...

  1. Combining Banking with Private Equity Investing

    OpenAIRE

    Lily Fang; Victoria Ivashina; Josh Lerner

    2013-01-01

    Bank-affiliated private equity groups account for 30% of all private equity investments. Their market share is highest during peaks of the private equity market, when the parent banks arrange more debt financing for in-house transactions yet have the lowest exposure to debt. Using financing terms and ex-post performance, we show that overall banks do not make superior equity investments to those of standalone private equity groups. Instead, they appear to expand their private equity engagemen...

  2. The ProCard mobile banking system

    OpenAIRE

    Traian SURCEL; Felician ALECU

    2007-01-01

    The mobile banking involves the use of some mobile telecommunication devices (such phones or PDAs - Personal Digital Assistants) in order to complete, in a secure manner, banking transactions (like payments, transfers, account information and so on). It doesn't matter where the user is physically located. Also, the hour when the services are requested is not important anymore, because, thanks to the internet banking, the offices are virtually opened 24 hours per day. The ProCard system repres...

  3. 12 CFR 745.11 - Accounts evidenced by negotiable instruments.

    Science.gov (United States)

    2010-01-01

    ... § 745.11 Accounts evidenced by negotiable instruments. If any insured account obligation of a credit union is evidenced by a negotiable certificate account, negotiable draft, negotiable cashier's or... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Accounts evidenced by negotiable...

  4. Identifying & Classification of Criteria in Choosing a Bank By Customers: Case Study at Bank Mellat

    OpenAIRE

    Mohammad Ali Haghighi; Mohammad Rahim Esfidani; Hamzeh Mohammadi; Mohammad Reza Parsafard; Marzieh soltani

    2013-01-01

    Abstract: in order to attract the customers, it’s really needed to consider the elements they take in to account in evaluating a company. New banks attempts in stealing the customers from the experienced bank especially in retail banks prove the importance of such topic. The main purpose of this research is to identify the criteria by which a customer chooses a bank in retail banking in competitive market. Doing so, 166 evaluating criteria were extracted using field study, interviews with 43c...

  5. 40 CFR 73.36 - Banking.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 16 2010-07-01 2010-07-01 false Banking. 73.36 Section 73.36 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) AIR PROGRAMS (CONTINUED) SULFUR DIOXIDE ALLOWANCE SYSTEM Allowance Tracking System § 73.36 Banking. (a) Compliance accounts. Any allowance in...

  6. Bank efficiency: Evidence from a panel of European banks

    OpenAIRE

    Alevizopoulou Effrosyni; Apergis Nicholas

    2011-01-01

    The goal of this paper is to investigate the efficiency of the banking systems in eight European countries over the period 1994 to 2008 by using the production frontier methodology. The paper shows that risk factors along with a size variable should be taken into account, otherwise inefficiency tends to be overstated.

  7. Simulating Retail Banking for Banking Students

    Science.gov (United States)

    Supramaniam, Mahadevan; Shanmugam, Bala

    2009-01-01

    The purpose of this study was to examine the implementation flow and development of retail bank management simulation based training system which could provide a comprehensive knowledge about the operations and management of banks for the banking students. The prototype of a Retail banking simulation based training system was developed based on…

  8. Peru : Country Financial Accountability Assessment

    OpenAIRE

    World Bank

    2001-01-01

    This Country Financial Accountability Assessment (CFAA) report, looks exclusively at Peru's public sector financial accountability arrangements, and, its primary aim is to assess strengths, and weaknesses, as they relate to the use of Bank funds, particularly under non-investment lending operations. It reviews the legislative framework, relevant to the current reporting environment; the ap...

  9. Ist die Bank der Zukunft eine Bank?

    OpenAIRE

    Spremann, Klaus

    1997-01-01

    Ist die Bank der Zukunft noch eine Bank? Ist sie noch eine Bank mit Menschen, oder wird die virtuelle Bank das Modell der Zukunft sein? Haben die Filialen noch eine Chance, oder werden künftig alle Bankgeschäfte über Computer abgewickelt? Umfragen unter Kreditinstituten bestätigen, dass die gegenwärtig drängendste Frage ist, auf welchem Weg die Bank und der Mensch zusammenkommen.

  10. Banking Efficiency in European Banking

    OpenAIRE

    Michaelidou, Vasiliki

    2012-01-01

    This research aims to unveil whether the tremendous banking sector reforms within the dynamic nature of the EU economic environment have achieved one of the catalyst EU goals, increase financial institutions’ cost efficiency. Using a single stage stochastic frontier approach, cost efficiency of the enlarged EU is estimated and evaluated for the period 2005-2011. The results suggest that EU pursuits have been successful but that stronger controls are needed.

  11. Customer Adoption of Internet Banking in Mauritius

    Directory of Open Access Journals (Sweden)

    N. Mamode Khan

    2011-05-01

    Full Text Available Internet banking offers many benefits but little research has been done about its acceptance in Mauritius. This paper aims at assessing the factors that contribute to the adoption of internet banking in Mauritius. To support our arguments, we use a logistic regression model based on a sample survey to analyze the factors that influence internet banking in Mauritius. We conclude that factors such as age, income, service usefulness, risk factor, checking account frequency and internet location are the main determinants for a person to opt for online banking

  12. Coordinates of National Bank of Romania Reform

    Directory of Open Access Journals (Sweden)

    BOGDAN CAPRARU

    2006-01-01

    Full Text Available The reform process of the National Bank of Romania has started sixteen years ago since the communist regime was eliminated. The perspectives of Romania’s EU accession enforced this process and the NBR accounted performances in targeting its objectives. In this study we underline the challenges and consequences of Romanian central bank reform. In spite of a central bank independence, sometimes between monetary and fiscal polices there are no correlation. That’s why we propose the multiannual budgeting as a correspondent in fiscal policy for inflation targeting monetary policy framework. Also we assess the consequences of Basel II implementation for Romanian banking system and, especially NBR responsibilities.

  13. Process Accounting

    OpenAIRE

    Gilbertson, Keith

    2002-01-01

    Standard utilities can help you collect and interpret your Linux system's process accounting data. Describes the uses of process accounting, standard process accounting commands, and example code that makes use of process accounting utilities.

  14. Marketing Aspect of Banking Competition

    Directory of Open Access Journals (Sweden)

    Nieizviestna Olena V.

    2015-03-01

    Full Text Available The aim of the article is to study the need for application of marketing tools in order to improve competitiveness and competitive advantages of banks. By analyzing, systematizing and summarizing the scientific works of many scientists, the relationship between the competitiveness of the commercial bank and its share in the banking market has been discovered. In the process of studying the integration of the strategy of maximizing customer satisfaction in the practice of strategic competition in the banking market there was presented the author’s position regarding the need to take into account the structure of the customer loyalty, as it is it that helps to properly distribute the bank’s marketing efforts. It has been proved that the technology of bank marketing should not only include the systems of identifying customer needs, creation of new financial products, but also contribute to the formation of the multi-factor strategic model of competitive strategy of the bank competitive development. It has been proposed to use the SWOT-analysis in order to effectively manage the bank’s competitiveness.

  15. Size, Diversification and Risk: Preliminary Evidence from Commercial Banks in Pakistan

    OpenAIRE

    Ayesha Afzal; Nawazish Mirza

    2012-01-01

    The aim of this paper is to provide some preliminary evidence on relation between size, diversification and risk in commercial banks of Pakistan. Using a panel of Pakistani banks, we investigated whether bigger banks are better diversified than smaller banks.The results suggested that larger banks were more diversified than their smaller counterparts mainly on account of their outreach and size of credit portfolio. On the risk side, based on accounting and market based risk measures, we explo...

  16. Tax evasion and Swiss bank deposits

    DEFF Research Database (Denmark)

    Johannesen, Niels

    2014-01-01

    Bank deposits in offshore financial centers may be used to evade taxes on interest income. A recent EU reform limits the scope for this type of tax evasion by introducing a withholding tax on interest income earned by EU households in Switzerland and several other offshore centers. This paper...... estimates the impact of the withholding tax on Swiss bank deposits held by EU residents while using non-EU residents who were not subject to the tax as a comparison group. We present evidence that Swiss bank deposits owned by EU residents declined by 30–40% relative to other Swiss bank deposits in two...... quarters immediately before and after the tax was introduced. We also present evidence suggesting that the drop in Swiss bank deposits was driven by behavioral responses aiming to escape the tax - such as the transfer of funds to bank accounts in other offshore centers and the transfer of formal ownership...

  17. Empirical Studies in Financial Accounting

    OpenAIRE

    Gkougkousi, Xanthi

    2012-01-01

    textabstractThis dissertation contributes to the stream of literature that examines the role of accounting information in capital markets. The first two chapters deal with the economic consequences of changes in accounting regulations. The third chapter examines the relation between accounting information and asset prices. Chapter 1 studies the impact of International Financial Reporting Standards (IFRS) adoption on the cost of equity and liquidity of European banks. The adoption of IFRS is a...

  18. Bank-specific, industry-specific and macroeconomic determinants of bank profitability

    OpenAIRE

    Athanasoglou, Panayiotis; Brissimis, Sophocles; Delis, Matthaios

    2005-01-01

    The aim of this study is to examine the effect of bank-specific, industry-specific and macroeconomic determinants of bank profitability, using an empirical framework that incorporates the traditional Structure-Conduct-Performance (SCP) hypothesis. To account for profit persistence, we apply a GMM technique to a panel of Greek banks that covers the period 1985-2001. The estimation results show that profitability persists to a moderate extent, indicating that departures from perfectly compet...

  19. Benefits of relationship banking: evidence from consumer credit markets

    OpenAIRE

    Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; Nicholas S. Souleles

    2010-01-01

    This paper empirically examines the benefits of relationship banking to banks, in the context of consumer credit markets. Using a unique panel dataset that contains comprehensive information about the relationships between a large bank and its credit card customers, we estimate the effects of relationship banking on the customers' default, attrition, and utilization behavior. We find that relationship accounts exhibit lower probabilities of default and attrition, and have higher utilization r...

  20. STUDY REGARDING THE PERFORMANCE OF THE ROMANIAN BANKING SYSTEM

    OpenAIRE

    Maria Daciana Rodean Cozma; Nicolae Baltes

    2014-01-01

    Bank performance is an indicator of the quality management and soundness of commercial banks. The systemic role of the commercial banks in the Romanian economy and their role of main creditor determine the supervisors to monitories their performance and their capacity to face the challenges. Taking into account that we are talking about a banking system which has not yet exceeded during turbulence generated by economic and financial crisis, the aim of this study is to identify and analy...

  1. Banking reform in Georgia

    OpenAIRE

    Mercan, Metin

    2006-01-01

    Georgia's banking system restructure began in 1991 when Soviet Union collopsed.This paper tries to compare and constract the performance of banks and banking system between 1999 and 2004 with banks in other transition countries. Although Georgia banking system showed a long processing in banking sector, it is still lags behind other transition countries Central and Eastern Europe. Neverthless.An efficient financial institution and performance will not come without further economic development...

  2. ROMANIAN BANKS LIQUIDITY MANAGEMENT

    Directory of Open Access Journals (Sweden)

    BATRANCEA MARIA

    2013-07-01

    Full Text Available Most transactions or financial commitments have implications for a bank liquidity. Transactions are particularly vulnerable to liquidity problems at a specific institution. Therefore, one can deduce the importance of the correct calculation and liquidity indicator, not only for the bank concerned, but especially for NBR uses that bank risk management tool. That is why the authors took into consideration a sample of banks in Romania to show to what extent the banking crisis has influenced the development banks.

  3. Corporate Finance when Monetary Policy Tightens: How do Banks and Non-Banks Affect Access to Credit?

    OpenAIRE

    Mizen, Paul; Yalcin, Cihan

    2003-01-01

    The evolving financial environment facing the corporate sector provides many non-bank external finance options as an alternative to bank finance and this paper examines the relationship between UK firms' choices over bank versus non-bank finance under different monetary conditions. We look at the external finance 'mix' using a panel of 16,000 UK firm records taken from the FAME database for the years 1990 through 1999 taking into account firm-specific characteristics. The paper provides suppo...

  4. 12 CFR 792.61 - Accounting for disclosures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Accounting for disclosures. 792.61 Section 792... Accounting for disclosures. (a) Each system manager identified in the “Notice of Systems of Records” must establish a system of accounting for all disclosures of information or records under the Privacy Act...

  5. 12 CFR 792.62 - Requests for accounting for disclosures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Requests for accounting for disclosures. 792.62... § 792.62 Requests for accounting for disclosures. At the time of the request for access or correction or at any other time, an individual may request an accounting of disclosures made of the...

  6. 12 CFR 563c.3 - Qualification of public accountant.

    Science.gov (United States)

    2010-01-01

    ... CFR 210.2-01.) The term “qualified public accountant” means a certified public accountant or licensed public accountant certified or licensed by a regulatory authority of a State or other political... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Qualification of public accountant....

  7. 12 CFR 220.7 - Broker-dealer credit account.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Broker-dealer credit account. 220.7 Section 220... SYSTEM CREDIT BY BROKERS AND DEALERS (REGULATION T) § 220.7 Broker-dealer credit account. (a) Requirements. In a broker-dealer credit account, a creditor may effect or finance transactions in...

  8. Banking and the flow of funds: are banks losing market share?

    OpenAIRE

    Katherine A. Samolyk

    1994-01-01

    A look at both the reported decline in the share of nonfinancial-sector credit intermediated by banks and the consolidation of the industry into fewer, but larger, institutions, revealing that banks today account for nearly the same share of outstanding household and nonfinancial business-sector debt as they did 30 years ago.

  9. 75 FR 73947 - Securities of Nonmember Insured Banks

    Science.gov (United States)

    2010-11-30

    ..., DC, and should be addressed as follows: Accounting and Securities Disclosure Section, Division of..., Accounting and Securities Disclosure Section, Division of Supervision and Consumer Protection, 550 17th... securities disclosure regulations applicable to state nonmember banks with securities required to...

  10. Green banking

    Directory of Open Access Journals (Sweden)

    Maja Drobnjaković

    2013-06-01

    Full Text Available There is an urgent need to march towards “low - carbon economy”. Global challenges of diminishing fossil fuel reserves, climate change, environmental management and finite natural resources serving an expanding world population - these reasons mean that urgent action is required to transition to solutions which minimize environmental impact and are sustainable. We are at the start of the low - carbon revolution and those that have started on their low - carbon journey already are seeing benefits such as new markets and customers, improved economic, social and environmental performance, and reduced bills and risks. Green investment banks offer alternative financial services: green car loans, energy efficiency mortgages, alternative energy venture capital, eco - savings deposits and green credit cards. These items represent innovative financial products.

  11. Internet Banking integration within the banking system

    OpenAIRE

    Constantin Marian MATEI; Catalin Ionut SILVESTRU; Dragos Stefan SILVESTRU

    2008-01-01

    Internet Banking developed due to increasing demand of online banking transactions. The biggest advantages of Internet Banking consist of complex banking solutions, 24 hours availability, quick and secure access to the back-end application through Internet. These advantages are due to the use of SOA (service-oriented architecture). SOA appeared as a necessity of companies to integrate big and independent portions of applications, in order to obtain an homogeneous functionality of the system....

  12. Preferences for banking and payment services among low- and moderate-income households

    OpenAIRE

    Michael S. Barr; Jane K. Dokko; Eleanor M. Feit

    2011-01-01

    This paper characterizes the features of an account-based payment card--including bank debit cards, prepaid debit cards, and payroll cards--that elicit a high take-rate among low- and moderate-income (LMI) households, particularly those without bank accounts. We apply marketing research techniques, specifically choice modeling, to identify the design of a specific financial services product for LMI households, who often face difficulties maintaining standard bank accounts but need banking ser...

  13. Loss underreporting and the auditing role of bank exams

    OpenAIRE

    Gunther, Jeffery W.; Robert R. Moore

    2002-01-01

    Using a unique set of banking data containing both originally reported and subsequently revised financial variables, we study the incidence of adverse revisions to accounting statements. As might be expected, our findings indicate banks are more likely to underreport financial losses when their financial performance is substandard. In addition, we provide evidence that supervisory exams have an important role in uncovering financial problems and ensuring bank accounting statements reflect the...

  14. THE SPECIFIC OF THE CURRENT ACCOUNT IN RELATION TO THE CUSTOMER

    Directory of Open Access Journals (Sweden)

    Rodica Mariana Tarlea

    2014-04-01

    Full Text Available To initiate a relationships with the bank, any customer, individual or legal entity must open a current account with the bank. Opening a bank current account implies an account agreement, concluded in writing by mutual consent. Based on this agreement the current account is opened, which will be the intermediary for performing all transactions between customers and the bank, with the exceptions resulting from the express will of the parties, which are usually those concerning bank loans. The specific of this account is that all incoming operations shall guaranteeone another and shall merge to createthe balancewhilethe closing of the account is done in concrete terms agreed in the contract.

  15. 31 CFR 515.509 - Entries in certain accounts for normal service charges.

    Science.gov (United States)

    2010-07-01

    ... hereby authorized to: (1) Debit any blocked account with such banking institution (or with another office... charges owed to such banking institution by the owner of such blocked account. (2) Make book entries against any foreign currency account maintained by it with a banking institution in a designated...

  16. 31 CFR 500.509 - Entries in certain accounts for normal service charges.

    Science.gov (United States)

    2010-07-01

    ... hereby authorized to: (1) Debit any blocked account with such banking institution (or with another office... charges owed to such banking institution by the owner of such blocked account. (2) Make book entries against any foreign currency account maintained by it with a banking institution in any designated...

  17. Denying Foreign Bank Entry: Implications For Bank Interest Margins

    OpenAIRE

    Ross Levine

    2003-01-01

    This paper examines the impact of restricting foreign bank entry on bank net interest margins while controlling for (a) impediments to domestic bank entry, (b) the degree of foreign bank ownership of the domestic banking industry, (c) an array of bank-specific characteristics, (c) banking sectorconcentration, and (d) various country traits. Using data on almost 1200 banks across 47 countries, the results suggest that restricting foreign bank entry boosts bank net interest margins. Also, restr...

  18. 12 CFR 917.2 - General authorities and duties of Bank boards of directors.

    Science.gov (United States)

    2010-01-01

    ... Bank director shall have the duty to: (1) Carry out his or her duties as director in good faith, in a manner such director believes to be in the best interests of the Bank, and with such care, including..., independent accountants, or other outside consultants at the expense of the Bank. (2) Bank staff...

  19. Pengaruh Kualitas Layanan Mobile Banking (M-Banking) Terhadap Kepuasan Nasabah di Indonesia [Effect of Mobile Banking (M-Banking) Service Quality on Customer Satisfaction in Indonesia

    OpenAIRE

    Aditya Wardhana

    2015-01-01

    The research aim was to assess the influence of the service quality of mobile banking (m-banking) against customer satisfaction at the greatest banks in Indonesia. Elements of the quality of mobile banking services (m-banking) were speed, security, accuracy, and trust. The population of this study was bank customers from eight of the greatest bank in Indonesia -- Bank Mandiri, Bank BRI, Bank BCA, Bank BNI, Bank CIMB Niaga, Bank Danamon, Bank Permata, and Bank Panin -- who used mobile banking ...

  20. Bank Resolution in Europe

    DEFF Research Database (Denmark)

    N. Gordon, Jeffery; Ringe, Georg

    2015-01-01

    Bank resolution is a key pillar of the European Banking Union. This column argues that the current structure of large EU banks is not conducive to an effective and unbiased resolution procedure. The authors would require systemically important banks to reorganise into a ‘holding company’ structure...

  1. Financial Efficacy of Selected Public and Private Sector Banks in India

    Directory of Open Access Journals (Sweden)

    sakthivadivel Mylsamy

    2013-04-01

    Full Text Available The  banks in India have over 67,000 branches located across the country. All these are classified  into two major categories, non-scheduled banks and scheduled banks. Scheduled banks includes   commercial banks and the co-operative banks. The public sector banks are  accountable  for more than 78 percent of total banking industry in India. Even though private sector banks came later into the market, due to their customer servicing and easy banking features they are also competing equally with already existing public sector banks. so it is very essential to analyze how their financial performance is influenced by number of factors which will further suggest them where they need to concentrate more. in this article we have analyzed the correlation between return on total assets and other financial variables of selected private and public banks in India.

  2. 31 CFR 210.5 - Account requirements for Federal payments.

    Science.gov (United States)

    2010-07-01

    ... of the travel card issuing bank for credit to the employee's travel card account at the bank. (4) Where a Federal payment is to be disbursed through a debit card, stored value card, prepaid card or... travel card issuing bank, as authorized or required by Office of Management and Budget guidance or...

  3. Internet Accounting

    NARCIS (Netherlands)

    Pras, Aiko; Beijnum, van Bert-Jan; Sprenkels, Ron; Párhonyi, Robert

    2001-01-01

    This article provides an introduction to Internet accounting and discusses the status of related work within the IETF and IRTF, as well as certain research projects. Internet accounting is different from accounting in POTS. To understand Internet accounting, it is important to answer questions like

  4. What is Shadow Banking?

    OpenAIRE

    Stijn Claessens; Lev Ratnovski

    2014-01-01

    There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can create systemic risk. This paper proposes to describe shadow banking as “all financial activities, except traditional banking, which require a private or public backstop to operateâ€. Backstops can come in the form of franchise value of a bank or insurance c...

  5. Civil Liability for the Capital Accounts of the Bank Card Was Stolen——Perspective of the Legal Nature of the Deposits%银行卡资金账户被盗取的民事责任问题——以存款的法律性质为视角

    Institute of Scientific and Technical Information of China (English)

    夏东霞

    2012-01-01

    In recent years,with the invention and development of the bank card technology,we achieved a paperless transaction,which eliminates the inconvenience and unsafe of carrying cash.It not only brings us convenience,but also brings us the risks which are hard to prevent.One of the risks is that the capital account of the bank card was often stolen and most users do not restore their own losses through legal or other remedies.The judge often makes different judgments on almost the same case when hearing the cases that the capital accounts of the bank card was stolen,because the law doesn't explicitly formulate the deposit law nature,that is the relationship of the issuing bank and card holder and the provisions on the vesting of the ownership of funds from bank accounts are vague and contradictory.The legal nature of the explicit deposit is to determine the civil liability for stolen bank card account funds,so this paper focuses on this to discuss a reference to legislation and judicial practice.%近年来,银行卡技术的发明及其发展,使我们实现了无纸化的交易,免去了携带现金的不便和不安全。在其给我们带来便利的同时,也给我们带来了难以预防的风险,风险之一就是银行卡资金账户常被盗取,并且大多数用户没有通过法律或者其他救济措施挽回自己的损失。法官在审理银行卡资金账户被盗取的案件的时候,由于法律没有明确规定存款的法律性质即发卡银行与持卡人关系的性质,以及对银行账户资金所有权的归属的规定也有模糊与矛盾,往往对几近相同的案件做出不同的判决。文章认为,明确存款的法律性质是确定银行卡账户资金被盗取的民事责任的前提,因此着重从这方面进行论述,以期对以后的立法和司法实践有所借鉴。

  6. 12 CFR 583.3 - Bank.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Bank. 583.3 Section 583.3 Banks and Banking... AND LOAN HOLDING COMPANIES § 583.3 Bank. The term bank means any national bank, state bank, state-chartered savings bank, cooperative bank, or industrial bank, the deposits of which are insured by...

  7. Banks and The Global Financial Crisis: What Did They Say about Their Risk Management Before The Crisis? How Did This Change Afterwards? Use Information from Their Reports and Accounts

    OpenAIRE

    Kurian, John

    2012-01-01

    The recent Financial Crisis in 2007-2008 has proved the world to be an eye opener to the existence of the Black swan theory. In the case of banks which deals with the public money and act as the backbone of the whole financial system, the catastrophe has brought a good moral. This thesis surf through the incipient crisis scenarios and further penetrating through the factors that propelled the crisis, till the aftermath of the turbulence. Causalities and impacts on the “Too Big to Fail” giants...

  8. The ProCard mobile banking system

    Directory of Open Access Journals (Sweden)

    2007-01-01

    Full Text Available The mobile banking involves the use of some mobile telecommunication devices (such phones or PDAs - Personal Digital Assistants in order to complete, in a secure manner, banking transactions (like payments, transfers, account information and so on. It doesn't matter where the user is physically located. Also, the hour when the services are requested is not important anymore, because, thanks to the internet banking, the offices are virtually opened 24 hours per day. The ProCard system represents a suite of applications used to perform mobile banking. It was intended to be a universal solution that allows EFT, Internet and mobile banking in a single package. No special software or hardware is required

  9. Oman; Banking Sector Resilience

    OpenAIRE

    Ananthakrishnan Prasad; Pierluigi Bologna

    2010-01-01

    This note assesses the impact of the global financial risks on Oman's banking system and highlights the remaining risks. It concludes that the liquidity and prudential measures introduced by the authorities mitigated the adverse effects of the crisis on the banking system. Banks continue to make profits despite higher provisioning. Stress tests confirm the resilience of the banking system to credit and market risks. Banks have limited exposure to derivatives and the majority of the off-balanc...

  10. The Chinese Banking System

    OpenAIRE

    Grant Turner; Nicholas Tan; Dena Sadeghian

    2012-01-01

    The Chinese banking system is critical to the functioning of the Chinese economy, being the main conduit through which savings are allocated to investment opportunities. Banking activity in China has grown rapidly over the past decade in association with the expansion of the Chinese economy, and the Chinese banking system now includes some of the world’s largest banks. Chinese banks have become more commercially orientated over this period, although the Chinese Government retains considerable...

  11. Essays on banking

    OpenAIRE

    Tumer-Alkan, G.

    2008-01-01

    The banking literature documents various roles for banks in financial systems. Banks are both ‘liquidity providers’ and ‘information producers’. Banks are especially important for small and medium-size enterprises and represent these firms' principal source of external finance. Hence, the banks’ role is relevant for the smooth functioning and growth of an economy as well. Moreover, when banks and firms enter into a relationship, they are able to overcome problems of asymmetric information and...

  12. Shadow bank monitoring

    OpenAIRE

    Adrian,Tobias; Adam B. Ashcraft; Cetorelli, Nicola

    2013-01-01

    We provide a framework for monitoring the shadow banking system. The shadow banking system consists of a web of specialized financial institutions that conduct credit, maturity, and liquidity transformation without direct, explicit access to public backstops. The lack of such access to sources of government liquidity and credit backstops makes shadow banks inherently fragile. Shadow banking activities are often intertwined with core regulated institutions such as bank holding companies, secur...

  13. Banking Around the World

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Chinese banks expands its "going out" strategy but faces challenges in establishing a presence in foreign markets The world’s biggest lender by market value, the Industrial and Commercial Bank of China (ICBC), and the Hong Kong-based Bank of East Asia signed an agreement in which ICBC would pay $140.23 million to buy an 80-percent inter- est in Bank of East Asia USA, the Hong Kong bank said on January 23.

  14. Banking service in Germany

    Institute of Scientific and Technical Information of China (English)

    余璐

    2014-01-01

    <正>Germany is the prototypical economy country.Banks in Germany’s economic life plays a very important role.Germany has a large number of Banks and very dense network of bank branches.Deutsche Bank is by far the biggest German bank and Commerzbank is the second biggest.But with all the economic turmoil in the world these days,such rankings can change within

  15. Bank branches in supermarkets

    OpenAIRE

    Lawrence J. Radecki; John Wenninger; Daniel Orlow

    1996-01-01

    The largest U.S. commercial banks are restructuring their retail operations to reduce the cost disadvantage resulting from a stagnant deposit base and stiffer competition. As part of this effort, some banks are opening "supermarket," or "in-store," branches: a new type of banking office within a large retail outlet. An alternative to the traditional bank office, the supermarket branch enables banks to improve the efficiency of the branch network and offer greater convenience to customers.

  16. Norges Bank Watch 2008

    OpenAIRE

    Juel, Steinar; Molnar, Krisztina Molnar; Røed, Knut

    2008-01-01

    Norges Bank has gone a long way in being open about its decisions and it is one of the most transparent central banks; this report makes a few recommendations about further improving the bank in this respect. Since Norges Bank already has a history of many years of transparency about its decisions and the principles used to make these decisions, it is possible to make a retrospective analysis and evaluate the bank. We think that evaluating and discussing the monetary policy of ...

  17. Selling Failed Banks

    OpenAIRE

    Joao Granja; Gregor Matvos; Amit Seru

    2014-01-01

    We study the recent episode of bank failures and provide simple facts to better understand who acquires failed banks and which forces drive the losses that the FDIC realizes from these sales. We document three distinct forces related to the allocation of failed banks to potential acquirers. First, a geographically proximate bank is significantly more likely to acquire a failed bank: only 15% of acquirers do not have branches within the state. Sales are more local in regions with more soft inf...

  18. Outsourcing central banking

    OpenAIRE

    Khoury, Sarkis Joseph; Wihlborg , Clas

    2005-01-01

    The literature on Currency Boards (CB) stops at the water edge in terms of dealing with the totality of the functions of a central bank. Monetary policy, and banking supervision can be "outsourced" in an open economy with substantial foreign direct investment (FDI) in the banking sector if political nationalism does not trump economic rationality. An orthodox CB renders the central banking function redundant in terms of interest rate and exchange rate determination. FDI in banking could...

  19. Understanding Banking Sector Globalization

    OpenAIRE

    Linda S. Goldberg

    2009-01-01

    This article profiles the recent evolution and consequences of banking sector globalization. After presenting trends in international banking, the article overviews macroeconomic consequences of banking sector globalization, including the role of banks in the international transmission of shocks, comovements of business cycles, financial crises, and economic growth. Other consequences of banking globalization have parallels with the effects of real-side foreign direct investment, including te...

  20. Methods of Analysis of Electronic Money in Banks

    Directory of Open Access Journals (Sweden)

    Melnychenko Oleksandr V.

    2014-03-01

    Full Text Available The article identifies methods of analysis of electronic money, formalises its instruments and offers an integral indicator, which should be calculated by issuing banks and those banks, which carry out operations with electronic money, issued by other banks. Calculation of the integral indicator would allow complex assessment of activity of the studied bank with electronic money and would allow comparison of parameters of different banks by the aggregate of indicators for the study of the electronic money market, its level of development, etc. The article presents methods which envisage economic analysis of electronic money in banks by the following directions: solvency and liquidity, efficiency of electronic money issue, business activity of the bank and social responsibility. Moreover, the proposed indicators by each of the directions are offered to be taken into account when building integral indicators, with the help of which banks are studied: business activity, profitability, solvency, liquidity and so on.

  1. A STUDY OF E-SERVICES OF BANKS WITH SPECIAL REFERENCE TO YES BANK, KOLHAPUR

    Directory of Open Access Journals (Sweden)

    Sajida H. Nadaf

    2015-06-01

    Full Text Available E-banking means electronic banking which is popularly known as anywhere banking. Electronic banking, also known as electronic funds transfer (EFT, is simplythe use of electronic means to transfer funds directly from one account to another, rather than by cheque or cash. New Information technology has takenimportant place in the future development of financial services, especially banking sector transition are affected more than any other financial provider groups.Increased use of mobile services and use of internet as a new distribution channel for banking transactions and international trading requires more attentiontowards e-banking security against fraudulent activities. The development and the increasing progress that is being experienced in the Information andCommunication Technology have brought about a lot of changes in almost all facets of life. In the Banking Industry, it has been in the form of online banking, which is now replacing the traditional banking practice. Although it is proving boon to all sectors especially to all types of customers and financial sector but itsgrowing use without awareness has also attracted many crimes and frauds.

  2. CEO Compensation and Bank Performance

    OpenAIRE

    Athar, Iqbal; Khan, Muhammad Irfan; Ali, Saffar

    2012-01-01

    This study sets out to discover the determinants of compensation of the chief executive officers in the banking industry of Pakistan. Accounting based performance measures and size of the firm have been used as predictors. Results of the study are consistent with arguments, suggesting significant and positive impact of size (assets) of the firm on CEO compensation while no association is found with either of the performance measure of the firm except income before tax (IBT). Return on Assets ...

  3. Azerbaijan : Country Financial Accountability Assessment

    OpenAIRE

    World Bank

    2003-01-01

    In the area of the country's financial accountability framework, Azerbaijan has already received and continues to receive a considerable amount of analysis, advice, and assistance, particularly in the areas of public financial management from the International Monetary Fund, the World Bank, USAID, and lately, the European Union.. This CFAA summarizes the analysis performed to-date as well ...

  4. Internet Accounting

    OpenAIRE

    Pras, Aiko; Beijnum, van, B.J.; Sprenkels, Ron; Párhonyi, Robert

    2001-01-01

    This article provides an introduction to Internet accounting and discusses the status of related work within the IETF and IRTF, as well as certain research projects. Internet accounting is different from accounting in POTS. To understand Internet accounting, it is important to answer questions like ¿what is being paid for¿ and ¿who is being paid¿. With respect to the question ¿what is being paid for¿ a distinction can be made between transport accounting and content accounting. Transport acco...

  5. Quality Determinants of Independent Audits of Banks

    OpenAIRE

    José Alves Dantas; Otavio Ribeiro De Medeiros

    2015-01-01

    Since DeAngelo's study (1981) on audit quality, the latter has been a topic well discussed in the international accounting literature; however, there is little evidence about audit quality in the financial market. In Brazil, studies on audit quality began only in the 2000s, although without a specific focus on banks. The purpose of this study was to identify the quality determinants of audit work in Brazilian banking institutions. Using the practice of earnings management as a proxy for audit...

  6. Shareholder value creation in Japanese banking

    OpenAIRE

    Radić, Nemanja

    2015-01-01

    This paper advances the study of Fiordelisi and Molyneux (2010) by examining the shareholder value efficiency and its determinants for a large sample of Japanese banks between 1999 and 2011. A new, specifically tailored measure of the Economic Value Added approach, based on the shadow price of equity, is developed in order to account for specific characteristics of the Japanese banking system. This new “shareholder value measure” is then used in a dynamic panel data model as a linear function...

  7. Innovations in performance measurement in banking

    OpenAIRE

    Ralph C. Kimball

    1997-01-01

    In banking over the past 10 years, management accountants have been instrumental in the creation of new management processes and performance systems. Their innovations have enabled banks to create internal capital markets, measure risks so as to facilitate their proper hedging and pricing, and create risk-based performance standards for lines of business. They have also made great progress in creating data bases and analytical tools to resolve strategic conflicts.> This article discusses the ...

  8. Banking Stress Scenarios for Public Debt Projections

    OpenAIRE

    BENCZUR PETER; BERTI Katia; CARIBONI Jessica; DI GIROLAMO FRANCESCA; Langedijk, Sven; PAGANO Andrea; PETRACCO GIUDICI Marco

    2015-01-01

    The latest economic and financial crisis has shown how quickly vulnerabilities on the financial side of the economy can turn into a strong deterioration of public accounts, thus highlighting the importance to monitor fiscal risks arising outside the realm of public finances. This is particularly the case for the building up of risks in the banking sector, due to its central role in financial stability. In this spirit, this paper presents banking stress-test scenarios for public debt projectio...

  9. Liquidity Management in Banking: What is the Role of Leverage?

    OpenAIRE

    VO Thi Quynh Anh

    2015-01-01

    This paper examines potential impacts of banks' leverage on their incentives to manage their liquidity. We analyze a model where banks control their liquidity risk by managing their liquid asset positions. In the basic framework, a model with a single bank, where the possibility of selling long-term assets when in need of liquidity is not taken into account, we find that the bank chooses to prudently manage its liquidity risk only when its leverage is low. In a model with multiple banks and a...

  10. IMPLEMENTING IFRS IN THE BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    LAZAR GABRIELA

    2012-05-01

    Full Text Available The use of IFRS in the banking system improves transparency and comparability of accounts for investors and other stakeholders, and consequently can have a positive impact through improving access to capital and funding. Also, greater transparency and comparability of reporting is the way to go in the aftermath of the crisis. The UK is strongly of the view that Europe should use IFRS as published by the International Accounting Standards Board. As part of the overall response to the financial crisis, there has of course been a tightening of prudential rules for banks by the Basel Committee on Banking Supervision. The most important element is the package known as 'Basel III'. This package significantly increases minimum levels of capital which regulators will require banks to hold, and also - for the first time - introduces an internationally agreed approach to the quantitative regulation of bank liquidity. The need for clearer presentation of risk information in bank reporting and the need for better and more regular dialogue between auditors and bank supervisors, to enable both parties to perform their duties more effectively and efficiently.

  11. Bank commercial loan fair value practices

    OpenAIRE

    John Tschirhart; James M. O'Brien; Michael Moise; Emily Yang

    2007-01-01

    Recent accounting changes, for the first time, permit the use of fair value in the primary financial statements for held-to-maturity (HTM) bank loans. While the use of fair value has historically attracted significant discussion and debate, there is little information in the public domain on how banks would measure fair value or use it in loan management. This study presents and analyzes results from in-depth discussions with seven large internationally-active banks on their fair value use an...

  12. Customer Adoption of Internet Banking in Mauritius

    Directory of Open Access Journals (Sweden)

    N. Mamode Khan

    2011-05-01

    Full Text Available Internet banking offers many benefits but little research has been done about its acceptance inMauritius. This paper aims at assessing the factors that contribute to the adoption of internetbanking in Mauritius. To support our arguments, we use a logistic regression model based on asample survey to analyze the factors that influence internet banking in Mauritius. We concludethat factors such as age, income, service usefulness, risk factor, checking account frequency andinternet location are the main determinants for a person to opt for online banking.

  13. Mobile banking: near future of banking

    OpenAIRE

    Gentiana Gjino; Orkida Ilollari (Findiku)

    2014-01-01

    Banks are now being prepared to take advantage of another profit opportunity which is another product usable by all of us, the 'Mobile phone'. The interest over 'Mobile Banking' product is becoming increasingly intense. Applications and new technologies are spreading through European banks mobilized to embrace this profitable product. It is common knowledge that many users of mobile telephony are actively shifted from PC to mobile devices. It still remains to understand: to what extent this n...

  14. ESSENTIAL PRACTICE OF SYSTEMICALLY IMPORTANT BANKS REGULATION

    Directory of Open Access Journals (Sweden)

    V. Trokhymenko

    2014-12-01

    Full Text Available The paper analyzes specific features of establishment of new regulatory standards of systemically important banks as one of the most priority directions of post-crisis improvement of supranational financial regulation. The essense of active and prearranged initiatives to secure constant activity of global and domestic powerful super-big banking institutions is investigated as well as some approaches as to recovery measures implementation without involvement of taxpayers' funds in case of their financial failure are considered. In particular, the main points are focused on introduction of additional requirements to the sufficiency of capital of global systemically important banks, development of the regulatory mechanisms of domestic systemically important banks by domestic authorities taking into account the specific peculiarities of certain national economies, structural reforms as to separation of traditional banking from the securities transactions for the depositors protection (Volcker rule, USA; Vickers rule, UK, establishment of the Single Supervisory Mechanism for the Eurozone banks, and declaration of necessity to form the Single mechanism for bank bankruptcy resolution etc. Some proposals concerning transformation of domestic system of financial regulation and supervision in Ukraine, like strengthening control of systemically important banks activity and introduction of mega-regulator model are characterized.

  15. creative accounting

    OpenAIRE

    Horák, Matěj

    2010-01-01

    This bachelor thesis deals with the very actual issue, which is creative accounting. The main goal is to provide a comprehensive view on the issue of creative accounting and clarify this concept. The topic is characterized in detail in the introductory part, followed by a description of the most frequently used techniques with specific examples. The thesis continues with a description of the accounting scandals that are associated with creative accounting (e.g. Enron, Parmalat, Olympus). Part...

  16. Management Accounting

    OpenAIRE

    John Burns; Martin Quinn; Liz Warren; João Oliveira

    2013-01-01

    Overview of the BookThe textbook comprises six sections which together represent a comprehensive insight into management accounting its technical attributes, changeable wider context, and the multiple roles of management accountants. The sections cover: (1) an introduction to management accounting, (2) how organizations account for their costs, (3) the importance of tools and techniques which assist organizational planning and control, (4) the various dimensions of making business decisions,...

  17. Creative Accounting

    OpenAIRE

    LI Lin

    2006-01-01

    This dissertation studies the area of creative accounting. The investigation of the literature review initially concerns about the definition, motivations, existence and effect and the involved accounting standards of creative accounting Based upon that, the qualitative research is going to be carried through, with the Finance and Investment students of Nottingham University as participants, in order to capture information of views on creative accounting. Then the important part of the ...

  18. Accounting outsourcing

    OpenAIRE

    Richtáriková, Paulína

    2012-01-01

    The thesis deals with accounting outsourcing and provides a comprehensive explanation of the topic. At first the thesis defines basic concepts (outsourcing, insourcing, offshoring and outplacement) and describes differences between the accounting outsourcing and outsourcing of other business activities. The emphasis is put on a decision whether or not to implement the accounting outsourcing. Thus the thesis describes main reasons why to implement the accounting outsourcing and risks that are ...

  19. Accounting standards

    NARCIS (Netherlands)

    B. Stellinga

    2014-01-01

    The European and global regulation of accounting standards have witnessed remarkable changes over the past twenty years. In the early 1990s, EU accounting practices were fragmented along national lines and US accounting standards were the de facto global standards. Since 2005, all EU listed companie

  20. Estimating the Impact of Central Bank Independence upon Macroeconomic Performance using a Panel Data Model

    OpenAIRE

    Florin Cornel DUMITER

    2011-01-01

    This paper analyzes a new index for measuring central bank independence and inflation targeting in order to evaluate and assess the impact of central bank’s independence level upon the macroeconomic performance. The new index for measuring central bank independence and inflation targeting has three main pillars: central bank political and legal independence, central bank governance and conduct of monetary policy and central bank transparency and accountability. Moreover, the paper intends to ...

  1. Bank Competition, Crisis and Risk-Taking: Evidence from Emerging Markets in Asia

    OpenAIRE

    Soedarmono, Wahyoe; Machrouh, Fouad; Tarazi, Amine

    2012-01-01

    This paper investigates the impact on financial stability of bank competition in emerging markets by taking into account crisis periods. Based on a broad set of commercial banks in Asia over the 1994-2009 period, the empirical results indicate that a higher degree of market power in the banking market is associated with higher capital ratios, higher income volatility and higher insolvency risk of banks. In general, although banks in less competitive markets hold more capital, the levels of ca...

  2. Book review: inside the Bank of England: Sir Mervyn King, QE, and where to aim the blame

    OpenAIRE

    Hill, Alastair

    2012-01-01

    The Bank of England is a uniquely powerful, influential and secretive institution, and in this inside account of the Bank, Dan Conaghan draws on interviews with senior Bank staff, shedding new light on the Bank’s role in the financial crisis. With its depth of source material and accessible style, Alastair Hill finds that Conaghan’s recent history of the Bank is timely, informative, and highly readable. The Bank: Inside the Bank of England. Dan Conaghan. Biteback. February 2012.

  3. Were Universal Banks More Vulnerable to Banking Failures? Evidence From the 1931 German Banking Crisis

    OpenAIRE

    Adalet, Müge

    2009-01-01

    This paper examines the 1931 German banking crisis using a bank-level data set. It specifically focuses on the link between banking structure and financial stability. The universality of banks, a key characteristic of the German banking system, is shown to increase the probability of bank failure after controlling for other bank-level characteristics and macroeconomic variables.

  4. 34 CFR 668.163 - Maintaining and accounting for funds.

    Science.gov (United States)

    2010-07-01

    ...) Accounting and internal control systems and financial records. (1) An institution must maintain accounting... 34 Education 3 2010-07-01 2010-07-01 false Maintaining and accounting for funds. 668.163 Section... Maintaining and accounting for funds. (a)(1) Bank or investment account. An institution must maintain title...

  5. Methods of Payment to Banks:e- Banking. Comparative Study on Three Banks

    OpenAIRE

    Miranda Petronella VLAD; Mariana Rodica TIRLEA

    2012-01-01

    E-banking website, majority offers the banks. At first it was electronic-banking, Internet-banking followed, followed by mobile-banking service. These services offer the same facilities, Customer Bank just that varies the channel used for communication with the Bank. The services offered by banks through E-banking, approves: compilation of orders; scheduled payments; orders for payment of wages; internal transfers; pay rates on internal or external; currency exchanges; view balances of accoun...

  6. Internet Banking

    OpenAIRE

    Felician ALECU

    2009-01-01

    Σκοπός της εργασίας είναι η μελέτη της Τραπεζικής του Διαδικτύου. Ειδικότερα η διερεύνηση των μελλοντικών εξελίξεων του Internet Banking αλλά και των επιπτώσεων που αναμένεται να επιφέρει η περαιτέρω ανάπτυξή του στην παραδοσιακή Τραπεζική και τον ευρύτερο Τραπεζικό και χρηματοοικονομικό τομέα. Η εργασία είναι οργανωμένη σε τρεις θεματικές ενότητες-κεφάλαια. Στο πρώτο κεφάλαιο γίνεται αναφορά σε θεμελιώδη θέματα που αφορούν την Τραπεζική του Διαδικτύου. Πέρα από τους ορισμούς των Τραπεζικ...

  7. Impact of Electronic Banking Innovations on Bank Deposit Market Share

    OpenAIRE

    Kashmari A; Nejad AHG; Nayebyazdi A

    2016-01-01

    Development and diversity of electronic banking services is one of the aspects of financial innovation of banks. In Iran’s banking system, the development of multiple channels representing electronic banking services such as SWIFT system, ATM, POS, PIN pads, internet banking, mobile banking and telephone banking are made for more facility in paying money, so today, the development of this channels is one of the most competitive areas between banks for attracting resources. The main purpose of...

  8. Banking Postal Savings Bank in Sight

    Institute of Scientific and Technical Information of China (English)

    WANG PEI

    2006-01-01

    @@ Nine years of controversy regarding a national postal savings bank is expected to finally conclude this year. In April, the China Banking Regulatory Commission (CBRC)announced the establishment of a new department, one of the main functions of which will be to supervise postal savings.

  9. Kewenangan Bank Indonesia Dalam Likuiditas Bank Umum

    OpenAIRE

    Silvana R

    2008-01-01

    Perbankan merupakan pokok dari sistem keuangan setiap negara, karena perbankan merupakan salah satu motor penggerak pembangunan seluruh bangsa. Krisis perbankan berdampak pada turunnya kepercayaan masyarakat terhadap industri perbankan. Berbagai masalah di sektor perbankan yang tidak terdeteksi secara dini akan mengakibatkan runtuhnya kepercayaan masyarakat terhadap industri perbankan, Skripsi mi mengemukakan bagaimana penilaian kesehatan bank umum yang dilakukan oleh Bank Indonesia, bagai...

  10. FOREIGN BANKS WELCOMED

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    Honoring its WTO commitments, China has begun to allow local incorporation by foreign banks, endowing them with the same status as their Chinese counterparts in an attempt to encourage diversified development in the Chinese banking sector On March 18, Wi

  11. GenBank

    Data.gov (United States)

    U.S. Department of Health & Human Services — GenBank is the NIH genetic sequence database, an annotated collection of all publicly available DNA sequences. GenBank is designed to provide and encourage access...

  12. Bank Funding Modes

    OpenAIRE

    Stuart I. Greenbaum; Anjan V. Thakor

    2004-01-01

    We examine a bank's choice of whether to fund the loans it originates by emitting deposits or to sell the loans to investors. With common knowledge of loan quality and laissez faire banking, we find that the choice is irrelevant. With asymmetric information but without government intervention, we find that better quality assets will be sold (securitized) and poorer quality assets will be funded with deposits. Public regulation can influence the bank's choice; subsidies can cause a bank to fav...

  13. Framing a Bank

    DEFF Research Database (Denmark)

    Holmgreen, Lise-Lotte

    2012-01-01

    Danish bank, Danske Bank, during the 2008 financial crisis and hence in shaping its image projected to the public. Through the study of a number of semantic frames adopted by the Danish print press and those adopted by the Bank, this article will argue for the constructions of the press putting...... considerable strain on the Bank and its image, leading it to reconsider its previous strategy of denial of responsibility...

  14. Securitization and Bank Performance

    OpenAIRE

    Casu, B; Clare, A; Sarkisyan, A.; Thomas, S.

    2013-01-01

    Using predominantly precrisis U.S. commercial bank data, this paper employs a propensity score matching approach to analyze whether individual banks did improve their performance through securitization. On average, our results show that securitizing banks tend to be more profitable institutions, with higher credit risk exposure. Despite a more diversified funding structure, they face higher funding costs. We also find that securitizing banks tend to hold larger and less diversified loan portf...

  15. The Shanxi Banks

    OpenAIRE

    Randall Morck; Fan Yang

    2010-01-01

    The remote inland province of Shanxi was late Qing dynasty China's paramount banking center. Its remoteness and China's almost complete isolation from foreign influence at the time lead historians to posit a Chinese invention of modern banking. However, Shanxi merchants ran a tea trade north into Siberia, travelled to Moscow and St. Petersburg, and may well have observed Western banking there. Nonetheless, the Shanxi banks were unique. Their dual class shares let owners vote only on insiders'...

  16. Early public banks

    OpenAIRE

    Roberds, William; Velde, François R.

    2014-01-01

    Publicly owned or commissioned banks were common in Europe from the fifteenth century. This survey argues that while the early public banks were characterized by great experimentation in their design, a common goal was to create a liquid and reliable monetary asset in environments where such assets were rare or unavailable. The success of these banks was however never guaranteed, and even well-run banks could become unstable over time as their success made them susceptible to fiscal exploitat...

  17. Audit of a bank

    OpenAIRE

    Ambros, Lukáš

    2012-01-01

    The goal of my thesis "Audit of a bank" is to identify and describe the area of external and internal audit in banking and to focus on specifics of bank audit in comparison to external audit of commercial enterprise. The first part is focused on audit of financial statements. In the second part are described the specifics of banking segment. Third part describes internal audit and cooperation between external and internal audit. In the last part there are described methods applied during the ...

  18. Boards of Banks

    OpenAIRE

    Daniel Ferreira; Tom Kirchmaier; Daniel Metzger

    2011-01-01

    We show that country characteristics explain most of the cross-sectional variation in bank board independence. In contrast, country characteristics have little explanatory power for the fraction of outside bank directors with experience in the banking industry. Exploiting the time-series dimension of the sample, we show that changes in bank characteristics are not robustly associated with changes in board independence, while changes in board experience are positively related to changes in ban...

  19. Mobile banking in Asia

    OpenAIRE

    Anne Ho

    2010-01-01

    Technology has transformed the banking industry with the introduction of mobile banking services that offer unprecedented convenience and accessibility to customers. This Asia Focus report describes the various approaches to mobile banking in Asia, and examines how particular countries have addressed regulatory issues.

  20. Commercial Banking Industry Survey.

    Science.gov (United States)

    Bright Horizons Children's Centers, Cambridge, MA.

    Work and family programs are becoming increasingly important in the commercial banking industry. The objective of this survey was to collect information and prepare a commercial banking industry profile on work and family programs. Fifty-nine top American commercial banks from the Fortune 500 list were invited to participate. Twenty-two…

  1. Banks on Notice

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    Regulators issue policies to guide China’s banks as massive loans compromise the banking sector’s ability to contain future risks R egulatory departments are strengthening their supervision over financial institutions to prevent an incomprehensible financial scenario from unfolding: the failure of the Chinese banking

  2. A BANK MANAGER SPEAKS

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    My name is Jane Carson and I'm the manager of savings bank in Portland,Oregon,My bank is open every day from8:30 in the moming until 4:00 in the aftermoon.On Fridays the bank remains oper until 6:30 in the evening.

  3. Banking on Change

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    The opening up of China’s banking sector took another giant step forward on March 20 when the first four foreign banks gained approval to incorporate locally. After going through commercial registration formalities, the banks will be able to con- duc

  4. Polymer bank notes

    OpenAIRE

    Brian Lang; John Barry

    1999-01-01

    On 3 May 1999 the Bank issued a new $20 bank note into circulation that had been printed on a polymer substrate. This article traces the history of polymer, briefly describes the process of production, and highlights the benefits of the substrate and the implications for the future of bank note handling within the country.

  5. Banking on the Internet.

    Science.gov (United States)

    Internet Research, 1996

    1996-01-01

    Electronic ground was broken in 1995 with the development of the completely Internet-based bank Security First Network Bank. This article discusses the need for developing online services, outlines the reasons for the formation of an Internet-based bank and argues that to remain competitive financial services providers must provide easier customer…

  6. More Localized Foreign Banks

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    The country's banking watchdog says that to engage in the retail renminbi business, foreign banks must become Chinese legal entities According to China's commitment at its accession to the WTO, as of December 11 this year, it will fully open renminbi business to foreign-funded banks. However, this does not mean that the 103 China branches of foreign

  7. Outsourcing central banking

    DEFF Research Database (Denmark)

    Khoury, Sarkis Joseph; Wihlborg, Clas

    2005-01-01

    The literature on Currency Boards (CB) stops at the water edge in terms of dealing with the totality of the functions of a central bank. Monetary policy, and banking supervisioncan be "outsourced" in an open economy with substantial foreign direct investment (FDI)in the banking sector if politica...

  8. 12 CFR 619.9270 - Qualified Public Accountant or External Auditor.

    Science.gov (United States)

    2010-01-01

    ... practice as a public accountant by an appropriate regulatory authority of a State or other political... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Qualified Public Accountant or External Auditor... § 619.9270 Qualified Public Accountant or External Auditor. A qualified public accountant or...

  9. 12 CFR 621.5 - Accounting for the allowance for loan losses and chargeoffs.

    Science.gov (United States)

    2010-01-01

    ... according to generally accepted accounting principles. (b) Develop, adopt, and consistently apply policies... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Accounting for the allowance for loan losses... ACCOUNTING AND REPORTING REQUIREMENTS General Rules § 621.5 Accounting for the allowance for loan losses...

  10. THE ROMANIAN BANKING COMPETITION AND THE ACCESSION TO EU

    Directory of Open Access Journals (Sweden)

    Bogdan Capraru

    2010-07-01

    Full Text Available In this study we try to assess banking competition in the Romania for 2001 – 2008, taking into account the evolution of market share of the top five, Herfindahl-Hirschman Index (HHI, performances indicators like ROA and ROE and evolutions of deposit and loans rates. We observed that the competition in the Romanian banking system increases continuously in the last years. The main factors which have influenced this process were: the privatization of the majority of state capital banks and the perspective of accession of our country in the EU. In the period assessed, there are two approaches: in the first period banks have had very good performances due to their market share in a low competitive banking environment and after the privatization of some state capital banks, the leader of the market lost market share in the favor of other bank with greater performances.

  11. "Why Central Banks (and Money) Rule the Roost"

    OpenAIRE

    Sardoni, Claudio

    2006-01-01

    Some have argued that a significant decrease in the demand for money, due to financial innovations, could imply that central banks are unable to implement effective monetary policies. This paper argues that central banks are always able to influence the economy's interest rates, because their liability is the economy's unit of account. In this sense, central banks "rule the roost." In the 1930s, starting from Keynes's ideas and referring to money in general, Kaldor had followed a similar line...

  12. Corporate culture and shareholder value in banking industry

    OpenAIRE

    Carretta, Alessandro; Farina, Vincenzo; Fiordelisi, Franco; Schwizer, Paola

    2006-01-01

    This paper analyses the casual relationship between corporate culture and shareholder value using a sample of large banks in the French, German, Italian and U.K. banking systems over the 2000 to 2003 period. Firstly, we measure shareholder value using an Economic Value Added estimated through a procedure tailored to account for banking peculiarities. Secondly, we measure corporate culture using language as its particular artifact and developing a cultural survey based on the application of a ...

  13. Service Quality Perceptions in Banks: A Comparative Analysis*

    OpenAIRE

    Bhat, Mushtaq A.

    2005-01-01

    Delivering higher levels of service quality is the strategy that is increasingly being offered as a key to service provider's efforts to position themselves more effectively in the marketplace. Almost all banks perform same functions. Therefore, customer takes into account the relative efficiency while choosing a particular bank. Moreover, banks carry on business with public money and, therefore, customers expect better services from them. Under such circumstances, customer's decision to patr...

  14. Dynamic asset allocation for bank under stochastic interest rates.

    OpenAIRE

    Chakroun, Fatma; Fathi ABID

    2014-01-01

    This paper considers the optimal asset allocation strategy for bank with stochastic interest rates when there are three types of asset: Bank account, loans and securities. The asset allocation problem is to maximize the expected utility from terminal wealth of a bank's shareholders over a finite time horizon. As a consequence, we apply a dynamic programming principle to solve the Hamilton-Jacobi-Bellman (HJB) equation explicitly in the case of the CRRA utility function. A case study is given ...

  15. Foreign Entry in Turkey's Banking Sector, 1980-97

    OpenAIRE

    Denizer, Cevdet

    2000-01-01

    Despite high and volatile inflation, a record number of foreign and local banks entered Turkey's banking sector after the country relaxed rules about bank entry, and generally eliminated controls on interest rates, and financial intermediation in 1980. The country's financial integration with the rest of the world took a big step forward with the opening up of the capital account in 1989. Capital inflows rose significantly, and the financial system became increasingly linked with external mar...

  16. Bank Lending Shocks and the Euro Area Business Cycle

    OpenAIRE

    Peersman, G.

    2011-01-01

    I estimate the impact of different types of bank lending shocks on the euro area economy. I first show that the dynamic effects depend on the type of shock. Whereas surges in lending caused by shocks at the supply side of the banking market have a significant positive impact on economic activity and inflation, exactly the opposite is the case for exogenous lending demand shocks. Second, the macroeconomic relevance of bank lending shocks is considerable. Overall, they account for more than hal...

  17. Market Discipline and Banking Supervision: The Role of Subordinated Debt

    OpenAIRE

    Distinguin, Isabelle

    2008-01-01

    One of the aims of mandatory subordinated debt is to enhance both direct and indirect market discipline. Indeed, on the one hand, holding subordinated debt can affect banks' behaviour by changing their funding costs and, on the other hand, the rate of return of subordinated debt can be used by supervisors as a signal of their riskiness. In this paper, we analyse how subordinated debt may affect both bank riskiness and the effectiveness of bank supervision. We take into account the ability and...

  18. Unstable Equity: Combining Banking with Private Equity Investing

    OpenAIRE

    Fang, Lily H.; Ivashina, Victoria; Lerner, Josh

    2013-01-01

    Bank-affiliated private equity groups account for 30% of all private equity investments. Their market share is highest during peaks of the private equity market, when the parent banks arrange more debt financing for in-house transactions yet have the lowest exposure to debt. Using financing terms and ex-post performance, we show that overall banks do not make superior equity investments to those of standalone private equity groups. Instead, they appear to expand their private equity engagemen...

  19. Privatisation of Banks in Croatia and the Monetary Sovereignty

    OpenAIRE

    Lovre Bozina

    2005-01-01

    The manner in which Croatia has allowed privileges to non-residents in the process of privatisation of companies and commercial banks has resulted in disowning of vital national institutions on one hand and involved foreign accounting agencies in valuation of companies, and banks to ascertain the ownership on the other. The link between the non-financial companies and the banks is visible from their balance sheets. This very link has caused serious social conflicts and made difficult for the ...

  20. The return to retail and the performance of US banks

    OpenAIRE

    Beverly J. Hirtle; Kevin J. Stiroh

    2005-01-01

    The U.S. banking industry is experiencing a renewed focus on retail banking, a trend often attributed to the stability and profitability of retail activities. This paper examines the impact of banks' retail intensity on performance from 1997 to 2004 by developing three complementary definitions of retail intensity (retail loan share, retail deposit share, and branches per dollar of assets) and comparing these measures with both equity market and accounting measures of performance. We find tha...

  1. 12 CFR 208.73 - What additional provisions are applicable to state member banks with financial subsidiaries?

    Science.gov (United States)

    2010-01-01

    ... liabilities of any financial subsidiary with those of the bank. (2) For purposes of determining the bank's... accounting principles, separately present financial information for the bank reflecting the capital deduction... limited liability of the state member bank and the financial subsidiary. (d) Application of Sections...

  2. Better borrowers, fewer banks?

    OpenAIRE

    Christophe J. Godlewski; Frédéric Lobez; Jean-Christophe Statnik

    2010-01-01

    We investigate the relationship between borrower quality and the structure of the pool of banks. First, we develop a theoretical model where the size of the banking pool is a credible signal of firm quality. We argue that better borrowers seek to disclose their quality in a credible way through the structure of the banking pool involving fewer banks. Second, we test our prediction using a sample of more than 3,000 loans from 19 European countries. We perform regressions of the number of bank ...

  3. 37 CFR 2.208 - Deposit accounts.

    Science.gov (United States)

    2010-07-01

    ... Section 2.208 Patents, Trademarks, and Copyrights UNITED STATES PATENT AND TRADEMARK OFFICE, DEPARTMENT OF... upon receipt of the statement to cover the value of items or services charged to the account and thus...) Bank Routing Code, which is 021030004; (iii) United States Patent and Trademark Office account...

  4. Incomplete contracting theory in empirical accounting research

    NARCIS (Netherlands)

    van Lent, L.A.G.M.

    1999-01-01

    In three essays, the implications of the costly contracting approach in accounting are investigated. First, the consequences of changing the set of acceptable accounting techniques in the banking and insurance industry are examined. The regulations imposed by a government agency alter the contractin

  5. 7 CFR 3560.306 - Reserve account.

    Science.gov (United States)

    2010-01-01

    ... reserve account is subject to the requirements of 7 CFR part 1902, subpart A regarding supervised bank... heating or air conditioning must be done in accordance with the requirements of 7 CFR part 1924, subpart A. ... 7 Agriculture 15 2010-01-01 2010-01-01 false Reserve account. 3560.306 Section...

  6. Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment

    OpenAIRE

    Kay, Benjamin S.; Manuszak, Mark D.; Vojtech, Cindy M.

    2014-01-01

    The Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 alters the competitive structure of the debit card payment processing industry and caps debit card interchange fees for banks with over $10 billion in assets. Market participants predicted that debit card issuers would offset the reduction in debit interchange revenue by increases in customer account fees. Some participants also predicted that banks would cut costs in response to the law by reducing ...

  7. 32 CFR 231.6 - Procedures-overseas banks.

    Science.gov (United States)

    2010-07-01

    ... underwrite such banking services. (D) Establishment of a U.S. dollar currency custody account to support... identified and either the banking and currency control laws of certain host countries do not permit MBFs to... § 231.1(a). (D) Education, on a space-available, tuition-paying basis, provided by the Department...

  8. Extreme Spillover Between Shadow Banking and Regular Banking

    OpenAIRE

    Paraschiv, Florentina; Qin, Minzi

    2013-01-01

    The current financial crisis brought light to a large banking sector that existed for decades within the "darkness" of the financial system - the shadow banking sector. Shadow bank assets are widely traded in the financial markets and shadow banking activities are intertwined with the daily business of regular banks. This unregulated banking sector has become systematically important. Its failure affected the entire banking system. We present a model based on multivariate extreme value theory...

  9. THE BANKING SECTOR - INFLUENCE FACTORS OF BANKING PERFORMANCE

    OpenAIRE

    Mirela CIOCAN

    2014-01-01

    The paper examines how the banking system is organised in Romania. By comparing the organization of the banking system in Romania with banking systems of certain countries in the European Union, banks typology is highlighted at the international level. The aim of this paper is to highlight the factors influencing the Romanian banking system, the banking system role in the economy as well as the objectives of Romanian banking system. This paper examines indicators as: return on equity, return ...

  10. Central bank capital, financial strength, and the Bank of Japan

    OpenAIRE

    Cargill, Thomas F.

    2006-01-01

    This Economic Letter addresses central bank capital and financial strength in the context of Bank of Japan policy (Cargill 2005). Specifically, it reviews general considerations about central bank capital and financial strength, discusses recent Bank of Japan policy in the context of capital structure, evaluates the Bank of Japan's concern in the context of the broader issue of central bank independence, and draws some lessons from recent Bank of Japan policy.

  11. Bank Resolution in the European Banking Union

    DEFF Research Database (Denmark)

    Gordon, Jeffrey N.; Ringe, Georg

    2015-01-01

    The project of creating a Banking Union is designed to overcome the fatal link between sovereigns and their banks in the Eurozone. As part of this project, political agreement for a common supervision framework and a common resolution scheme has been reached with difficulty. However, the resolution...... framework is weak, underfunded and exhibits some serious flaws. Further, Member States' disagreements appear to rule out a federalized deposit insurance scheme, commonly regarded as the necessary third pillar of a successful Banking Union. This paper argues for an organizational and capital structure....... The FDIC's experience teaches us three important lessons: First, systemically important financial institutions need to have in their liability structure sufficient unsecured (or otherwise subordinated) term debt so that in the event of bank failure, the conversion of debt into equity will be...

  12. Bank Resolution in the European Banking Union

    DEFF Research Database (Denmark)

    Gordon, Jeffrey N.; Ringe, Wolf-Georg

    The project of creating a Banking Union is designed to overcome the fatal link between sovereigns and their banks in the Eurozone. As part of this project, political agreement for a common supervision framework and a common resolution scheme has been reached with difficulty. However, the resolution...... framework is weak, underfunded and exhibits some serious flaws. Further, Member States’ disagreements appear to rule out a federalized deposit insurance scheme, commonly regarded as the necessary third pillar of a successful Banking Union. This paper argues for an organizational and capital structure....... The FDIC’s experience teaches us three important lessons: first, systemically important institutions need to have in their liability structure sufficient unsecured (or otherwise subordinated) term debt so that in the event of bank failure, the conversion of debt into equity will be sufficient to...

  13. An economic explanation of the early Bank of Amsterdam, debasement, bills of exchange, and the emergence of the first central bank

    OpenAIRE

    Quinn, Stephen; Roberds, William

    2006-01-01

    The Bank of Amsterdam, founded in 1609, was the first public bank to offer accounts not directly convertible to coin. As such, it can be described as the first true central bank. The debut of central bank money did not result from any conscious policy decision, however, but instead arose almost by accident, in response to the chaotic monetary conditions during the early years of the Dutch Republic. This paper examines the history of this momentous development from the perspective of modern mo...

  14. Awareness of Electronic Banking System among Management Students in Pakistan

    Directory of Open Access Journals (Sweden)

    Zeeshan FAREED

    2014-06-01

    Full Text Available Electronic Banking is an essential sector of banking industry. E-banking services are gaining the attention of conventional bank’s customers rapidly. It has brought the revolutionary changes in the Pakistan banking industry in terms of customer and business perspectives. Electronic banking has got popularity in the developed as well as developing countries because it saves people time, reduces costs and people have access to all banking services on the click of a button. More often, the new innovated system allows the customers to touch their accounts at home using a mobile device or electronic terminals. This research paper focuses on growth and awareness of electronic banking among Management Students of the Okara, Pakistan. Questionnaire on 5 point Likert scale was developed to find the views of 200 respondents. Frequency distribution and correlation analysis were employed on data. The results revealed that 74% of the students are well aware about ATM and 82% of management students of our sample populations believe that e-banking is very convenient system of banking. 74% of the Management students feel secure when they have money in credit and debit card while 82% of the students prefer e-banking over traditional banking.

  15. CURRENT ACCOUNTING DEVELOPMENTS IN KOSOVO

    Directory of Open Access Journals (Sweden)

    NEXHMIE VOKSHI

    2011-04-01

    Full Text Available For the study of the developments in accounting in Kosovo and its prospects, it is necessary to review the current situation of the developments in accounting, the recognition and acceptance of accounting standards. It is clear that the actual and perspective development level in an affected by many factors, such as social, cultural, etc. Therefore, the main aim of the research work in this study is to give an overview of the current developments of accounting in Kosovo. To obtain the required information, 400 respondents have been chosen through a questionnaire designed for this purpose1. The respondents operate in different branches, they work in small, medium and large enterprises, insurance companies, banks, and while some of them are independent accountants and employees in the tax authorities. The data obtained are processed and analyzed from two aspects: the aspect of descriptive statistics reflected through histograms, and econometric aspect of reflecting through econometric models.

  16. Banking system in Kyrgyz Republic

    OpenAIRE

    Sagbansu, Lutfu

    2006-01-01

    This paper examines the overall banking system and the basic banking system development factors such as internet banking and deposit insurance in the world and particularly in Kyrgyzstan. The analyses show that progress in banking reform, introduction of deposit insurance and internet banking concepts are essential for avoiding harmful problems, development stable and solvent banking system. These developments include the more effective regulation of the entry and exit of banks, removal of ob...

  17. Adopting Internet Banking in Ghana

    OpenAIRE

    G.O. Ofori-Dwumfuo; Betty A. Dankwah

    2013-01-01

    This study looks at the benefits, challenges and barriers in adopting Internet banking at a major bank in Ghana. The development of the Internet is changing the way financial services are provided in Ghana. The Internet banking facility has resulted in new ways of delivering banking services. The research is a case study based on the staffs that has worked with the bank for more than three years. In evaluating benefits, challenges and barriers to the bank in adopting Internet banking, intervi...

  18. Customer Experience in Banking Industry

    OpenAIRE

    Michálková, Anna

    2015-01-01

    This thesis analyzes the field of Customer Experience. The goal is to apply these issues to the banking market and understand what role has the relationship between the bank and the customer due to the prosperity of the bank. The paper describes the current Czech banking market, its trends in recent years and segmentation of bank clients. One of the major changes on the Czech banking market concerns ever increasing competition between banks and increase competition for consumers. Customer Exp...

  19. Corporate governance in banks: Problems and remedies

    Directory of Open Access Journals (Sweden)

    Monika Marcinkowska

    2012-05-01

    Full Text Available Weak and ineffective corporate governance mechanisms in banks are pointed out as the main factors contributing to the recent financial crisis. Deep changes in this area are necessary to reinforce the financial sector stability. The paper presents key aspects requiring reforms: the role, constitution and accountability of board, risk management, management remuneration, transparency. New regulations and guidance are presented, creating the foundations for a new order of the financial market. The paper also points out the banks’ stakeholders’ accountability.

  20. Do Foreign Banks Lead in Internet Banking Services?

    Directory of Open Access Journals (Sweden)

    Kooi Guan CHEAH

    2005-01-01

    Full Text Available Internet banking has been increasingly used as a delivery channel in retail consumer banking. As far as the provision of internet banking services in developing countries is concerned, foreign banks definitely enjoy distinct advantages over domestic banks due to their experiences in other, more advanced financial markets. This paper reports a study that examined the levels of retail internet banking services provided by foreign and domestic commercial banks in Malaysia over a period of two years. The study found that while foreign banks are marginally more sophisticated at information provision level, domestic banks offer a significantly higher level of transactional facilities in both years.

  1. Banks, regions and development

    Directory of Open Access Journals (Sweden)

    Pietro Alessandrini

    2003-03-01

    Full Text Available From the 1980s onwards the banking sectors in all the industrialised countries have been experiencing intense restructuring, aggregation and consolidation, radically changing their ownership structures and geography. Whatever the reasons behind such restructuring processes, the globalisation of the credit markets, the consolidation of banking structures, the removal of barriers to the free location of banks and their penetration of peripheral markets pose two main questions. Will integration of the banking systems lead to a narrowing or a widening of the development gap between regions? What relations will there be between financial centres and the periphery, and how will financial labour be divided between national (international banks and local (regional banks? The aim of this paper is to address such questions in the light of recent developments in the theoretical and empirical literature on financial integration.

  2. Study on Central Bank Intervened in the Asset Securitization Business and Its Accounting Rules:Taking the Federal Reserve as An Example%中央银行介入资产证券化业务及其会计核算规则研究*--以美联储为例

    Institute of Scientific and Technical Information of China (English)

    梁晶晶; 何曾

    2014-01-01

    Intervened in asset securitization is the new abnormal monetary policy subject after the suprime crisis for Federal Reserve in US. This paper researches the way and situation that the Federal Reserve intervened in the asset securitization business, and the accounting rules that the Federal Reserve adopted to record the asset securitization products and SPVs. At last, the paper suggests that the central bank should study on the construction of the risk regulation mechanism, supporting mechanism, marketing communication mechanism and accounting system for asset securitization business.%介入资产证券化业务在次贷危机爆发后成为美联储实施非常规货币政策的工具。本文研究美联储介入资产证券化业务的历程、动因、方式和范围,分析美联储对持有资产证券化产品和对特殊目的实体进行会计报表合并的核算规则,指出我国中央银行要研究建立与资产证券化业务相配套的风险监控机制、救助应急机制、市场沟通机制和会计核算机制。

  3. Islamic Banking and Finance

    OpenAIRE

    AlFarra, Diaa M. S.

    2015-01-01

    Islamic Banking and Finance has been growing rapidly during the last decades. Descriptive analysis has been used in order to introduce the Islamic banking and finance and how it works. On other hand, clarify the Islamic Banking and Finance Systems and show how it works in part of liability and also profit and loss sharing basis. In addition to that, the main similarities and differences were properly identified, introduced and discussed in the paper. It is obvious that there are many similari...

  4. Essays on Bank Risk

    OpenAIRE

    Cabiles, Neil Adrian

    2012-01-01

    This PhD Thesis is composed of three chapters, each discussing a specific type of risk that banks face. The first chapter talks about Systemic Risk and how banks get exposed to it through the Interbank Funding Market. Exposures in the said market have Systemic Risk implications because the market creates linkages, where the failure of one party can affect the others in the market. By showing that CDS Spreads, as bank risk indicators, are positively related to their Net Interbank Funding ...

  5. Method of Banks Valuation

    OpenAIRE

    Eva Horvátová

    2010-01-01

    Since there is not a special common framework for valuation banks and it gives possibilities to create establishment, improvement and adaptation of various approaches to measuring the value of banks and financial institutions. Most approaches banks valuation note the strong dependence of financial institutions value from market interest rates (Mishkin, F., Miller, WD, Copeland, T., Koller, T., Damodaran, A., and others). Each approache reflects greater or lesser degree of accuracy depending o...

  6. Bank Customers Management System

    OpenAIRE

    Ebubeogu Amarachukwu Felix

    2015-01-01

    ABSTRACT The purpose of this project is in partial fulfilment of the requirements of Bachelor of Science Hon in Information Technology. The Design and development of this Bank customers Management system provides a more secured approach in managing bank customers information which strengthens the relationships between banks and their customers by providing the right solutions that uses a multi-level security to improve customer satisfaction. The technology used in developing this project is A...

  7. Banks on Board

    OpenAIRE

    Jeffrey Fear; Christopher Kobrak

    2007-01-01

    As part of a series of related papers, the authors examine the conceptual foundations of German and American corporate governance, specifically highlighting the role of banks' relationships to corporations and the stock market. This paper focuses on how the regulatory and macroeconomic environments of the two countries helped shape how banks, especially money-centred bankers, actually interacted with their clients. Prior to 1914, despite many regulatory obstacles, American banks wielded more ...

  8. Agricultural Development Bank Reform

    OpenAIRE

    Seibel, Hans Dieter

    2001-01-01

    Agricultural development banks (AgDBs), which are not viable, should either be closed, or transformed into self-reliant, sustainable financial intermediaries. Experience shows that reform is possible. Among the prominent cases are Bank Rakyat Indonesia (BRI) and Bank for Agriculture and Agricultural Cooperatives (BAAC, Thailand) as well as ADB/Nepal, which has been transforming its small farmer credit program into financially self-reliant local financial intermediaries owned and managed by th...

  9. BANKING PRIVATIZATION IN TURKEY

    OpenAIRE

    Ersoy, İmre

    2015-01-01

    It seems impossible to drive a general rule concerning the outcomes of privatization that would be applicable to each country or sector. Privatization may lead to better use of resources but also to extraction of profit overseas and growing industrial concentration. Privatization of banking is more delicate an issue because of the potential to undermine confidence in the system. Moreover, there is the problem of obtaining data on bank privatization as public banks have always been an importan...

  10. 12 CFR 917.10 - Bank bylaws.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Bank bylaws. 917.10 Section 917.10 Banks and Banking FEDERAL HOUSING FINANCE BOARD GOVERNANCE AND MANAGEMENT OF THE FEDERAL HOME LOAN BANKS POWERS AND RESPONSIBILITIES OF BANK BOARDS OF DIRECTORS AND SENIOR MANAGEMENT § 917.10 Bank bylaws. A Bank's board...

  11. Bank Capital Management

    OpenAIRE

    Jokipii, T.K.

    2009-01-01

    The work undertaken in this study empirically explores the determinants of regulatory bank capital bu®ers, and how they in°uence bank decisions. Focusing on bank capital management under the Basel I framework, this thesis serves to address some of the con- cerns that have been voiced regarding the implementation of the new regulation (Basel II) and the broader economic e®ects that could result. In particular, the research chapters of this thesis examine the cyclical behavior of European bank ...

  12. PENGELOLAAN LIKUIDITAS BANK SYARIAH

    Directory of Open Access Journals (Sweden)

    Nurul Ichsan

    2014-01-01

    Full Text Available Islamic Banking Liquidity Management.  this  article  is about management of liquidity which discuss about the position of cash money in the company and its ability to fulfill the obligation (pay the debt on time. Management of liquidity is one of the essential function which is done by banking institution and inside its efficient management, is needed instrument and finance market which is taking not only short term but also long term, and not only conventional banking but also syariat. Through that natural necessity (placement and fulfillment of short term need, for Islamic banking in Indonesia has been availabled some instruments such as (IMA certificate of Mudhorobah Investment between bank, (PUAS market banking regulations between syariat bank, (SWBI Bank of Indonesia Wadiah certificate, (FPJPS provision about short term cost facility for Islamic banks.DOI:10.15408/ijies.v6i1.1371

  13. 12 CFR 701.34 - Designation of low income status; Acceptance of secondary capital accounts by low-income...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Designation of low income status; Acceptance of secondary capital accounts by low-income designated credit unions. 701.34 Section 701.34 Banks and Banking... FEDERAL CREDIT UNIONS § 701.34 Designation of low income status; Acceptance of secondary capital...

  14. The adoption of "transformational mobile banking" by the unbanked

    DEFF Research Database (Denmark)

    Tobbin, Peter Ebo

    2012-01-01

    Whereas the number of people using mobile phones grows tremendously across the developing world, the number of people having a bank account is still very low. A recent report shows that over half the population of the world is unbanked, a majority of which are rural dwellers in the developing world....... The primary aim of this exploratory study is to examine whether or not m-banking services can be transformational. During the study, an extensive review of the literature on the unbanked and the adoption of m-banking services was conducted. This was followed by a focus group discussion which was...... conducted among the unbanked rural dwellers in Ghana. The current study concludes that the transformational potential of m-banking could be realised if beyond access, the other barriers to having a bank account, which include affordability, trust, convenience and documentation are addressed effectively in...

  15. Making Central Banks Serve The Real Economy

    Directory of Open Access Journals (Sweden)

    Suleika Reiners

    2013-10-01

    Full Text Available The challenge is to redirect central bank money into the real economy and to the needs of society. If new money is issued to expand the productive capacity, there is no reason for inflation. Long-term financing could become available at an affordable price. Central bank money must not replace a sound tax system and the distribution of income and wealth, but complement them. The remaining task, apart from the financing of real needs, is the prevention of speculative asset price inflation. For this, central banks and regulators should install debt brakes for the financial sector. Furthermore, independent monetary policy calls for capital account management. It enables national central banks to find space for the conduct of their own policies in an interdependent global economy. Coordination between central banks and governments might increase as policies combine monetary, fiscal and regulatory facets. The future role of central banks should particularly lie in their insights regarding capital flows and leverage cycles and in their ability to create and withdraw money, depend­ing on economic conditions.

  16. CENTRAL BANK INDEPENDENCE AND INFLATION TARGETING - THE BRITISH EXPERIENCE

    Directory of Open Access Journals (Sweden)

    David Delia

    2010-07-01

    Full Text Available Known as the ‘Old Lady’ of Threadneedle Street, the Bank of England is the central bank of the United Kingdom. Founded in 1694, the Bank of England is standing at the centre of the United Kingdom’s financial system, and is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy. In our opinion, it is very important to analyze the Bank of England’s monetary policy strategy, starting from 1992 – adoption of the inflation target and the evolution of it’s monetary policy strategy, through an important feature – delegating operational accountability regarding the monetary policy in 1997 as well as the appropriate institutional framework. More over, it is important to analyze the Bank of England’s performances before and after granting central bank independence.

  17. BANK PERFORMANCE AND SOUNDNESS IN THE NEW EU MEMBER STATES

    Directory of Open Access Journals (Sweden)

    Ioana-Iuliana TOMULEASA

    2014-11-01

    Full Text Available This paper investigates the soundness and performance of the banking systems from seven non-euro EU countries, outlining the particularities of each sector. Another objective of this paper is to examine the main determinants of bank soundness in the Romanian sector, taking into consideration bank-specific and macroeconomic factors. To account for bank profitability and soundness, it was used both a comparative and an empirical analysis, the period studied being 2004-2012. The main results showed that the financial world is currently under the sign of profound changes, which were generated by the mutations in the international economic sphere. Finally we consider that the analysed banking systems are facing historical changes, being necessary a reconfiguration of the banking sector, towards a new business model, a stricter regulatory and more transparent framework, and a comprehensive mix of economic policies.

  18. Detection of Bank Failures in Transition Economies: The Case of the Czech Republic

    OpenAIRE

    Jan Hanousek; Jiri Podpiera

    2001-01-01

    This paper studies bank-failure models in the context of transition economies. In order to capture the default risk of banks, data on the structure of retail deposit rates is used to improve the prognostic quality of bank-failure prediction. The Czech bank crisis of 1994?1996, during which 14 banks failed, is used to verify the suggested approach. It is shown that banking supervision did not have ? most likely given the low quality of the available accounting data ? better information with re...

  19. ORGANIZATION OF NON-BANK FINANCIAL INSTITUTIONS AND THEIR NEED FOR SUPERVISION

    Directory of Open Access Journals (Sweden)

    Lucian-Ion MEDAR

    2010-06-01

    Full Text Available In order to monitor lending operations, implicitly leading to an increase in money supply, and all financial and non-financial transactions, non-bank financial institutions allow empowered personnel of National Bank of Romania to examine their records, accounts and transactions, providing to this end all the documents and information concerning the management, internal control and operations of non-bank financial institutions, as will be required. Registered non-bank financial institutions carrying out monetary activities are legal persons reporting to the Credit Risk Control of National Bank of Romania, in compliance with the field regulations issued by the above mentioned bank.

  20. Banking union and a single bank supervisory mechanism

    OpenAIRE

    Sibert, Anne

    2012-01-01

    This note considers why a banking union is an essential component of a well-functioning monetary union. I describe some the consequences of banking union for the euro area. I describe how the European banking union should be designed.

  1. Private Banking and Wealth Management Services Offered by Banks

    OpenAIRE

    IMOLA DRIGĂ; DORINA NIŢĂ; IOAN CUCU

    2009-01-01

    The paper examines the features of private banking business focusing on the substantial growth in private banking over the last decade as commercial banks have targeted upmarket high net worth individuals. The accumulation of wealth has prompted the development of private banking services for high net worth individuals, offering special relationships and investment services. Private banking is about much more than traditional banking services of deposits and loans. It's about providing a one-...

  2. World Bank Group/World Bank Corporate Scorecards, April 2016

    OpenAIRE

    World Bank Group

    2016-01-01

    This pamphlet presents the World Bank Group and World Bank Corporate Scorecards updated with latest data available for Tier 3 (Performance Tier) as of December 31, 2015. Tiers 1 and 2 present data from end of fiscal year 2015. The World Bank Group Corporate Scorecard monitors the implementation of the World Bank Group Strategy. The Scorecard provides an apex view of the results and performance indicators of the three World Bank Group institutions—the World Bank (WB), ...

  3. 12 CFR 404.19 - Request for accounting of record disclosures.

    Science.gov (United States)

    2010-01-01

    ... maintain an accurate accounting of the date, nature, and purpose of each external disclosure of a record... the accounting relates to a disclosure made: (1) To an employee within the agency; (2) Under the FOIA... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Request for accounting of record...

  4. 12 CFR 550.200 - Must I review a prospective account before I accept it?

    Science.gov (United States)

    2010-01-01

    ... accept it? 550.200 Section 550.200 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE... § 550.200 Must I review a prospective account before I accept it? Before accepting a prospective fiduciary account, you must review it to determine whether you can properly administer the account....

  5. 12 CFR 211.45 - Accounting for fees on international loans.

    Science.gov (United States)

    2010-01-01

    ... accordance with generally accepted accounting principles. Interpretations ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Accounting for fees on international loans. 211... Accounting for fees on international loans. (a) Restrictions on fees for restructured international loans....

  6. 12 CFR 621.3 - Application of generally accepted accounting principles.

    Science.gov (United States)

    2010-01-01

    ... principles. 621.3 Section 621.3 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM ACCOUNTING... reports to the Farm Credit Administration, in accordance with generally accepted accounting principles... management and the Farm Credit Administration, in accordance with generally accepted accounting...

  7. 12 CFR 205.18 - Requirements for financial institutions offering payroll card accounts.

    Science.gov (United States)

    2010-01-01

    ... offering payroll card accounts. 205.18 Section 205.18 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF... financial institutions offering payroll card accounts. (a) Coverage. A financial institution shall comply with all applicable requirements of the act and this part with respect to payroll card accounts...

  8. STUDY REGARDING THE PERFORMANCE OF THE ROMANIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Maria Daciana Rodean Cozma

    2014-09-01

    Full Text Available Bank performance is an indicator of the quality management and soundness of commercial banks. The systemic role of the commercial banks in the Romanian economy and their role of main creditor determine the supervisors to monitories their performance and their capacity to face the challenges. Taking into account that we are talking about a banking system which has not yet exceeded during turbulence generated by economic and financial crisis, the aim of this study is to identify and analyze the main determinants of bank performance, so any shocks that may impact on this indicator to be identified early and minimized. The financial authorities, in their attempt to avoid new bank failures, because of their negative impact on the entire financial system, have imposed new capital requirements in order to strengthen the banking system’ capacity to absorb shocks. The most used indicators in order to measure the performance of the banking system are return on assets and return on equity. Taking into accounts this consideration the main objective of this study is to analyze the determinants that have a major impact on the banking system performance in an empirical and theoretical manner. To achieve this goal we used a quantitative method, the Pearson’s coefficient. Into the model were involved datas recorded by Romanian banking system in the period 2008-2013, processed by the publications of National Bank, the International Monetary Fund and the National Institute of Statistics. In the model of the correlation coefficient, the regression involved the following indicators: solvency, nonperforming loans as a percentage of total loans, gross domestic product and inflation. The results demonstrated that the factor that have the greatest impact on banking performance is the solvency ratio, followed by the nonperforming loans, the inflation rate and by the gross domestic product. So it can be observe that internal determinants have a biggest impact on the

  9. How Do Political Factors Shape the Bank Risk-Sovereign Risk Nexus in Emerging Markets?

    OpenAIRE

    Eichler, Stefan

    2015-01-01

    This paper studies the role of conditioning political factors for determining the impact of banking crises on sovereign bond yield spreads for a sample of 33 emerging economies in the period 1995-2010. Accounting for the endogenous nature of banking crisis outbreaks, I find that sovereign bond yield spreads increase, on average, by 13 to 17 percentage points during banking crisis episodes. I find that the adverse impact of banking crises on sovereign solvency is less pronounced (or even insig...

  10. Ailing Mothers, Healthy Daughters? Contagion in the Central European Banking Sector

    OpenAIRE

    Fiala, Tomáš; Havránek, Tomáš

    2014-01-01

    Foreign-dominated banking sectors, such as those prevalent in Central and Eastern Europe, are susceptible to two major sources of systemic risk: (i) linkages between local banks, and (ii) linkages between a foreign par- ent bank and its local subsidiary. Using a nonparametric method based on extreme value theory, which accounts for fat-tail shocks, we analyze interde- pendencies in downward risk in the banking sectors of the Czech Republic, Hungary, Poland, and Slovakia during 1994-2013. In c...

  11. Does IT standardization help to boost cost and profit efficiency? Empirical evidence from German savings banks

    OpenAIRE

    Noth, Felix; Slotty, Constantin; Hackethal, Andreas

    2009-01-01

    This paper investigates the impact of IT standardization on bank performance based on a panel of 457 German savings banks over the period from 1996 to 2006. We measure IT standardization as the fraction of IT expenses for centralized services over banks' total IT expenses. Bank efficiency, in turn, is measured by traditional accounting performance indicators as well as by cost and profit efficiencies that are estimated by a stochastic frontier approach. Our results suggest that IT standardiza...

  12. THE CRUCIAL ROLE OF CENTRAL BANK TRANSPARENCY IN ASSESSING THE MONETARY POLICY COMMITTEE MECHANISM

    OpenAIRE

    Dumiter Florin Cornel

    2012-01-01

    In the past, central banks used to be very reserved regarding their activities, strategies and monetary policy decisions and actions. As central banks become more and more independent, transparency gained importance based upon accountability arguments. An important fact for adopting an increasing central bank transparency lies in its importance of influencing the development of expectations. The concept of central bank transparency has emerged in the economic literature relatively later than ...

  13. Analysis of Financial Performance in the Banking System in Kosovo - the Period 2006 - 2012

    OpenAIRE

    Skender Ahmeti; Arta Hoti; Sevdie Alshiqi – Bekteshi

    2014-01-01

    Through this paper we analyse the performance indicators of banks in Kosovo Banking System. According to the works of different authors worldwide, more accurate measurement of bank performance based on accounting data, in the application of coefficients leading financial banks are: Return on assets - ROA, return on equity - ROE and Cost Report to revenue - C / I. This paper describes the analysis of financial indicators for the period 2006 – 2007 – 2008 – 2009 -2010 - 2011 and 2012. The paper...

  14. FACTORS DETERMINING CUSTOMERS’ ADOPTION OF INTERNET BANKING : A Quantitative Study of Swedish Customers

    OpenAIRE

    Qayyum, Faisal; Ali, Haider

    2012-01-01

    Title: Factors determining customers’ adoption of internet bankingResearch Question: Which factors are important for Swedish customers in the adoption of internet banking? Purpose: The purpose of this study is to identify and analyze the most important factors that can influence the adoption of internet banking by Swedish customers. We focus on the adoption of internet banking by taking into account customer point of view. Methodology: This study employs qualitative as well as quantitative re...

  15. Bank profitability: Insights from the rural banking industry in Ghana

    Directory of Open Access Journals (Sweden)

    Michael Adusei

    2015-12-01

    Full Text Available This paper analyzes the profitability of 112 rural banks (special unit banks created to promote rural financial intermediation in Ghana. The results generally show that bank size, funding risk, diversification, liquidity risk, and bank stability are significant predictors of rural bank profitability. Whereas an improvement in the funding risk of a rural bank in a particular period portends a drop in its profitability in the future, an improvement in the size, diversification, liquidity risk, and stability of a rural bank signifies an improvement in the future profitability of the bank.

  16. Impact Assessment of Bank Consolidation on the Performance of Commercial Banks in Nigeria

    Directory of Open Access Journals (Sweden)

    Edirin Jeroh

    2015-10-01

    Full Text Available This study focuses on an impact assessment of the consolidation exercise on the performance of commercial banks in Nigeria. While prior studies focused on the financial performance of banks (with emphasis on profitability, the main thrust of this study was on how the consolidation exercise had affected different areas of commercial banks in Nigeria other than profitability. Secondary data were sourced from the annual accounts and statistical bulletins of the CBN and SEC respectively for the relevant years. The data obtained were analysed by means of sensitivity analysis, in addition to the correlation and regression analyses. The results obtained show that the consolidation exercise had positive impact on the selected variables (Non Performing Loans, Liquidity Ratio, Bank Credit to Private Sector and Bank Capital To Asset Ratio for this study. Based on the above findings, we recommend among others that while efforts are made by the CBN to sustain the increased capital base of banks, a very sound corporate governance framework and effective risk management systems must be put in place to check the level of non-performing loans which seem to be predominant in the industry. The quality of bank credit to private sector and their recovery procedures should also be improved upon.

  17. Foreign Funds for City Banks

    Institute of Scientific and Technical Information of China (English)

    WANGPEI

    2005-01-01

    The rather straightforward restructuring of the Bank of Beijing became more arresting in January after Deutsche Bank was reported to be competing with its Dutch rival ING to purchase a stake in the local city commercial bank.

  18. International fuel bank

    International Nuclear Information System (INIS)

    The working group discusses the establishment of an international bank for nuclear fuels. The statements by representatives of seven countries discuss the specific features of a bank of this kind which is set up to facilitate access to nuclear fuels but also to permit a more rigid control in the sense of the non-proliferation philosophy

  19. Innovative strategies of bank

    Directory of Open Access Journals (Sweden)

    G.A Peresadko

    2012-03-01

    Full Text Available The article deals with the specifics of banking innovations, the global trends of innovative strategies in the banking sector was described, analyzed the necessary methodology for their implementation, proposed plan of innovative activities and its possible application in Ukraine.

  20. Polymer bank notes

    OpenAIRE

    Brian Lang

    2002-01-01

    In May 1999 the Reserve Bank issued its first polymer bank notes into circulation. By March 2000 all denominations had been converted from paper to polymer. By the end of 2001 approximately 110 million polymer notes had been issued into circulation. This article assesses the performance of polymer notes compared with our expectations at the time they were introduced.

  1. Organization of eye bank

    International Nuclear Information System (INIS)

    Comeal transplantation is the only method of combating the blindness due to corneal opacity caused by infections, malnutrition, trauma and hereditary diseases. Comeal blindness is more prevalent in the developing countries. The availability of the donor cornea, trained ophthalmic surgeons and microsurgery facilities are the key factors in restoring vision in-patients with comeal blindness. The eye bank organization is somewhat similar to that of blood bank. The eye bank should be located in a hospital or a medical centre in which a laboratory may be established for the evaluation and storage of donor tissue. The medical director (Ophthalmologist), technician, secretary and public relation officer are the persons who play an important role in the successful organization of eye bank. The function of the eye bank are procurement, assessment, processing, distribution of donor eyes/corneas, training of technicians/doctors, and conducting research related to storage of donor tissue and corneal transplantation. The necessary infrastructure required for the organization of an eye bank include separate accommodation area for the personnel and the laboratory, telephone, computer, refrigerator, laminar air flow hood. Slitlamp, specular microscope, storage media and equipment, instrument for enucleation of donor eyes, and a motor vehicle. The details of responsibilities of the staff of eye bank, source of donor eyes, suitability of donor material, procurement of the donor cornea, tissue assessment, storage and preservation, distribution of donor tissue, and limitation of eye bank will be discussed at the time of presentation

  2. Marketing of bank innovations

    Directory of Open Access Journals (Sweden)

    T.A. Vasileva

    2011-01-01

    Full Text Available In the article it is determined the specificity of bank innovations. Level of their introduction in Ukraine is analyse. General tendencies in development of marketing of bank innovations are proved and the scientifically-methodical approach to an estimation of its efficiency is offered.

  3. GREEN BANKING IN INDIA

    Directory of Open Access Journals (Sweden)

    S.G. KHAWASPATIL

    2013-01-01

    Full Text Available Sustainable enlargement can best be achieved by permitting markets to work within an appropriate framework of cost efficient regulations and economic instruments. One of the major economic agents influencing overall industrial activity and economic growth is the financial institutions such as banking sector. In a globalised economy, the industries and firms are vulnerable to stringent environmental policies, severe law suits or consumer boycotts. Since banking sector is one of the major stake holders in the Industrial sector, it can find itself faced with credit risk and liability risks. Further, environmental impact might affect the quality of assets and also rate of return of banks in the long-run. Thus the banks should go green and play a pro-active role to take environmental and ecological aspects as part of their lending principle, which would force industries to go for mandated investment for environmental management, use of appropriate technologies and management systems. This paper explores the importance of Green Banking, sites international experiences and highlights important lessons for sustainable banking and development in India. However, we find that there has not been much initiative in this regard by the banks and other financial institutions in India though they play an active role in India's emerging economy. Therefore, we suggest possible policy measures and initiative to promote green banking in India.

  4. iBank

    Science.gov (United States)

    Bermundo, Cesar B.; Bermundo, Alex B.; Ballester, Rex C.

    2012-01-01

    iBank is a project that utilizes a software to create an item Bank that store quality questions, generate test and print exam. The items are from analyze teacher-constructed test questions that provides the basis for discussing test results, by determining why a test item is or not discriminating between the better and poorer students, and by…

  5. AMERICAN ACCOUNTING

    Directory of Open Access Journals (Sweden)

    Mihaela Onica

    2005-01-01

    Full Text Available The international Accounting Standards already contribute to the generation of better and more easily comparable financial information on an international level, supporting thus a more effective allocationof the investments resources in the world. Under the circumstances, there occurs the necessity of a consistent application of the standards on a global level. The financial statements are part of thefinancial reporting process. A set of complete financial statements usually includes a balance sheet,a profit and loss account, a report of the financial item change (which can be presented in various ways, for example as a status of the treasury flows and of the funds flows and those notes, as well as those explanatory situations and materials which are part of the financial statements.

  6. The Solar Bank concept

    International Nuclear Information System (INIS)

    The Solar Bank is proposed to be established as a multinational wholesale lending institution supporting the adoption of solar photovoltaic (PV) systems by as much as 40% of the world's population. It would supply capital resources to local lending institutions such as banks, credit unions, cooperatives, and rural lending organizations in the developing countries, and to financial institutions in the developed countries. The Solar Bank is intended to be global in scope, with operations in the major countries. The Solar Bank will bring a degree of standardization to the process of making small loans to many people for the purchase of PV systems, and it will provide technical support and training to its participating financial institutions. 'Solar Bank International' is likely to be headquartered in Europe. (orig.)

  7. Development Accounting

    OpenAIRE

    Chang-Tai Hsieh; Peter J. Klenow

    2010-01-01

    Researchers have made much progress in the past 25 years in accounting for the proximate determinants of income levels: physical capital, human capital, and Total Factor Productivity (TFP). But we still know little about why these factors vary. We argue that TFP exerts a powerful influence on output not only directly, but also indirectly, through its effect on physical and human capital accumulation. We discuss why TFP varies across countries, highlighting misallocation of inputs across firms...

  8. Payroll accounting

    OpenAIRE

    Andrýsková, Adéla

    2011-01-01

    Abstract Main topic of my thesis is the Payroll Accounting. The work summarizes most of the areas that are related to this topic and the knowledge necessary in calculating the final determination of wages. Beginning the thesis mentions specific chapters from the Labor code which explain the facts about the start, changes and the termination of the employment contract then more detailed description of the arrangements performed outside of the employment contract and then working hours and mini...

  9. Bank Value and Financial Fragility

    OpenAIRE

    Gobert, Karine; González, Patrick; Poitevin, Michel

    2002-01-01

    We propose a valuation model for a bank which faces a bankruptcy risk. Banks are identified with a possibly infinite random sequence of net benefits. A bank is solvent as long as its benefits remain non-negative. To preserve distressed banks from destruction, banks will be pooled within a financial coalition. When possible, those with current positive balance sheet will refinance those in need of liquidity. Banks are refinanced to the extent that their current needs for liquidity do not excee...

  10. Banking on Corporate Social Responsibility

    OpenAIRE

    Timothy Rice; Cyril Peter

    2015-01-01

    This exploratory study set out to understand the true value of Corporate Social Responsibility (CSR) in the banking sector. Businesses, including banks, actively participate in CSR but the question of value still persists. What does the bank receive in return for participating in CSR? Do banks get more customers as a result of their CSR programmes? Do banks have a better customer retention rate because of their CSR programme? Will customers change banks purely because they disagree with their...

  11. Derivatives Activity at Troubled Banks

    OpenAIRE

    Joe Peek; Rosengren, Eric S.

    1996-01-01

    Derivatives have become an essential instrument for hedging risks, yet moral hazard can lead to their misuse by problem banks. Given that the absence of comprehensive data on bank derivatives activities prevents an accurate assessment of bank risk-taking, banks have an opportunity to take unmonitored second bets. Thus , troubled banks have the motive to increase risk, and derivatives provide the means to do so. The role of bank supervisors should be to limit the opportunity through more compr...

  12. An IT Governance in Co-operative Banks

    Directory of Open Access Journals (Sweden)

    Madhulika Shahoo Gupta

    2013-07-01

    Full Text Available Technology has turned into the vigor of the Indian co-operative banks since the past decade with the financial sector reforms providing the basis. The question of putting into practice the technology has now changed into 'how' from the former 'why'. It is a confirmed truth that technology lessens the cost of servicing. Furthermore, technology has resulted in enhanced quality of services, any time/anywhere banking, focused product delivery, cross selling opportunities, multi-channel touch points for using up of services, etc.As the triumph of the co-operative banks is more and more inclined on the proper adoption and utilization of technology, IT Governance has assumed immense importance. Merely, IT Governance is nothing but a division of Corporate Governance apprehensive about guaranteeing suitable track and management of IT activities to the advantage of a Bank. As the overseas banks operating in India made the start, the new banks assertively started offering services based on technology. Though, the public/cooperative sector banks had to move over from the load of the past inheritance. Nevertheless, the speedy walk made by the technology sector and their quick espousal by the competitors have enforced these banks also to get into the act by commencing to offer IT-oriented products and services. Today, nearly all commercial banks and some cooperatives are at some phase of technology embracement, be it Automated Ledger Posting Machines, Total Branch Automation or Core Banking solution (CBS. According to latest estimates, CBS covers around 40% of the bank branches accounting for nearly 70% of the business volume. ATMs (including shared ATMs aided further by the National Financial Switch initiative of RBI, internet banking, any branch banking, credit cards, debit cards, etc. are being increasingly offered. There are over 11,000 ATMs across the country and 11 million net connections with around 23 million users.

  13. Corporate Governance and Financial Performance of Banks: Evidence from Nigeria

    Directory of Open Access Journals (Sweden)

    Ogege S.

    2014-06-01

    Full Text Available Banks are the backbones of any economy therefore it is of immense importance for economies to possess a healthy and buoyant banking system with effective corporate governance practices. In Nigeria, the Central Bank replaced the past governance codes with the CBN code (2012. Therefore this study examines corporate governance and financial performance in Nigerian banks, using this new code. The main issues in this study are: what is the relationship between board size and financial performance of banks in Nigeria? What is the effect of the proportion of non- executive directors on the financial performance of banks in Nigeria? To what extent is the corporate governance disclosure of banks in Nigeria in compliance to CBN governance code (2012? Does a relationship actually exist between banks that disclose on corporate governance and their financial performance in Nigeria? These questions were answered by examining the yearly published reports of the listed banks in Nigeria. In examining whether or not there is a relationship between corporate governance and the financial performance of the banks, this research employed the regression analysis method to determine the relationship. However, the variables that was employed for corporate governance are: board size, board composition (the ratio of non-executive directors to total directors, and corporate governance disclosure index. Variables used in this study for examining the financial performance of these banks were the financial accountant measure for performance. These measures are return on equity (ROE and return on asset (ROA. In examining the level of compliance of the banks in this study to the CBN (2012 governance code, the research employed the content analysis method. Employing the content analysis, a disclosure index was formed and the annual report for each bank was examined using the CBN code of corporate governance (2012 as a guide. The results of the study showed that a positive

  14. Banking union and bank regulation: Banking sector stability in Europe

    OpenAIRE

    Bremus, Franziska M.; Lambert, Claudia

    2014-01-01

    Despite the most recent period of calm on the financial markets, the long-term resilience of the European financial system is not yet assured, even several years after the financial crisis began. However, the stability of the financial system playsa crucial role for real economic development and consequently for growth and prosperity. The financial crisis has shown that stricter regulation is required to improve the stability and resilience of the banking system. Further, it has become eviden...

  15. ON CAPITAL STRUCTURE, RISK SHARING AND CAPITAL ADEQUACY IN ISLAMIC BANKS

    OpenAIRE

    SIMON ARCHER; RIFAAT AHMED ABDEL KARIM

    2006-01-01

    Islamic banks do not pay interest on customers' deposit accounts. Instead, customers' funds are placed in profit-sharing investment accounts (PSIA). Under this arrangement, the returns to the bank's customers are their pro-rata shares of the returns on the assets in which their funds are invested, and if these returns are negative so are the returns to the customers. The bank is entitled to a contractually agreed share of positive returns (profits) as remuneration for its work as asset manage...

  16. Analisis Penerapan Akuntansi Musyarakah terhadap PSAK 106 pada Bank Syariah X

    Directory of Open Access Journals (Sweden)

    Muhammad Yusuf

    2012-04-01

    and practice prevailing in the company, especially in the accounting treatment and measurement of the Musharaka Islamic Bank X, about whether or not the accounting treatment in accordance with PSAK 106. Accounting Musharaka. The results of this study suggest that accounting Applied Islamic Bank X, are in accordance with PSAK 106, only in writing the name of the estimates in recording with financing terms should be replaced with Musharaka investment.

  17. Government Accounting

    OpenAIRE

    Ian Ball; Gary Pflugrath

    2012-01-01

    As the current sovereign debt crisis engulfing Europe broadens and threatens to bring down more governments and lead the world into another, potentially very serious, economic slowdown, minimal commentary and public debate has focused on a fundamental problem, and the need to address it. That problem is the deficient – and sometimes fraudulent – accounting practices employed by many governments around the world. A major shortcoming of many governments has been highlighted by the crisis â€...

  18. UNDERSTANDING ACCOUNTS

    OpenAIRE

    Neha Birwal

    2014-01-01

    It's not just accountancy specialists who deal with spreadsheets, and figures, and the financial side of business. It's highly likely that, as a line manager or department head, you're going to have to analyze a spreadsheet at some point, or have some form of financial recording to do as part of your job description. However, if you feel baffled by balance sheets, or confused by cash flow statements, then read on. This article will take you through the basics of finance for...

  19. Infrastrukturel Accountability

    DEFF Research Database (Denmark)

    Ubbesen, Morten Bonde

    Hvordan redegør man troværdigt for noget så diffust som en hel nations udledning af drivhusgasser? Det undersøger denne afhandling i et etnografisk studie af hvordan Danmarks drivhusgasregnskab udarbejdes, rapporteres og kontrolleres. Studiet trækker på begreber og forståelser fra 'Science & Tech...... & Technology Studies', og bidrager med begrebet 'infrastrukturel accountability' til nye måder at forstå og tænke om det arbejde, hvormed højt specialiserede praksisser dokumenterer og redegør for kvaliteten af deres arbejde....

  20. THE AUDIT OF FINANCIAL SITUATIONS – THE PROFIT AND LOSS ACCOUNT

    OpenAIRE

    Lucian C-tin Gabriel Budacia

    2013-01-01

    From a personal perspective, I believe that all income accounts highlight the fact that, sooner or later, money will enter the enterprise, usually through a banking account or a pay office and all expenses accounts highlight the fact that, sooner or later, money will leave the enterprise, usually from the banking account or the pay office. In the results account we find all the costs and income generated after the consumption of resources (material, financial, informational) of an enterprise ...

  1. Penilaian Tingkat Kesehatan Bank Dengan Analisa Camels Studi Kasus PT. Bank Sumut

    OpenAIRE

    Siregar, Chatrin C.M.

    2011-01-01

    CAMELS Anilysis is the device activity that support enterprise operational or organization as a part of in organization structure. Direction of estabilish accounting information system with stable like computer basic system therefore management have information about operation organization in exactly and quickly. Bank Sumut is appears enterprise that use accounting information system at computer basic on a scale consistant in operational enterprise use with batch system as decision making sup...

  2. Transparency and Social Accountability in the Egyptian Power Sector

    OpenAIRE

    World Bank Group

    2015-01-01

    The World Bank's initiatives of social accountability and transparency over the past two decades are increasingly founded on the notion that transparency and social accountability of public institutions are essential for stimulating economic growth. Social accountability refers to the responsiveness of the state to the needs of its citizens, and encompasses a broad range of actions and mec...

  3. Bank selection and customers’ perception of banks in Malaysia

    OpenAIRE

    Norhazlin Ismail; Zarehan Selamat; Ong Hway Boon

    2004-01-01

    The process customers go through in choosing a bank has been studied for several decades using different approaches. Understanding the needs and analyzing how the customers select their banks are crucial steps towards the improvement of customer satisfaction. In this study, an attempt is made to identify the determinants of bank selection and customers’ perception of banks in Malaysia.

  4. 12 CFR 1806.304 - Books of account, records and government access.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Books of account, records and government access..., DEPARTMENT OF THE TREASURY BANK ENTERPRISE AWARD PROGRAM Terms and Conditions of Assistance § 1806.304 Books... to the Awardee's offices and facilities, and all books, documents, records, and financial...

  5. PENGELOLAAN LIKUIDITAS BANK SYARIAH

    OpenAIRE

    Nurul Ichsan

    2014-01-01

    Islamic Banking Liquidity Management.  this  article  is about management of liquidity which discuss about the position of cash money in the company and its ability to fulfill the obligation (pay the debt) on time. Management of liquidity is one of the essential function which is done by banking institution and inside its efficient management, is needed instrument and finance market which is taking not only short term but also long term, and not only conventional banking but also syariat. Thr...

  6. PERCEIVED BARRIERS OF INNOVATIVE BANKING AMONG MALAYSIAN RETAIL BANKING CUSTOMERS

    Directory of Open Access Journals (Sweden)

    Jayaraman Munusamy

    2012-04-01

    Full Text Available This study aims to identify perceptual barriers of Internet banking adoption among Malaysian retail banking customers. The per ceptual barrier factors that analyzed were difficulty to operate, hassle to use, unreliable, perceived risk and high connection fees. This study employs a quantitative approach using questionnaire survey at selected banks in Malaysia. The results indicate that there are significant barriers exist in the perception of Internet banking adoption among Malaysian retail banking customers. The results indicate several implications for bank managers to change the perceptions of retail internet banking customers.

  7. Varying Impacts of Electronic Banking on the Banking Industry

    Directory of Open Access Journals (Sweden)

    Sali Bakare

    2015-08-01

    Full Text Available The banking industry has undergone tremendous changes with the introduction of information technology (IT. Electronic banking (EB is a new paradigm in banks’ product and service delivery. Electronic banking products and services have become increasingly popular in the past three decades as the banking industry operating in a complex and competitive environment has experienced the awareness to serve its customers electronically. Online banking has become the preferred way for many Americans to conduct financial activities. This paper explores a few published articles that reported on the impacts of electronic banking on the banking industry. The articles vary in their findings. Impacts on the banking industry from the points of view of consumers and bank employees were reported. This paper examines the study of few other articles to propose that more research be conducted utilizing a different research methodology such as qualitative method to fully understand how EB impacts the banking industry and address cyber crime threats.

  8. Metamorphosis of Banking Products - A Perception of Bank Employees

    Directory of Open Access Journals (Sweden)

    Harshita B

    2015-08-01

    Full Text Available Banking products are undergoing major changes due to extensive use of it and changing demands of the customers in current scenario. This study basically focuses on the changes came into banking industry and its impact on customers base and bank profits. Data is collected from 50 employees of both private and public sector banks with the help of questionnaire. Hence we can conclude that all banks are providing almost similar products and services to satisfy their customers fully. The continous metamorphsis of banking products not only results in improvement of customer base but also has positive impact on the profits of the bank. Private sector banks are earning more profits as a result of metamorphosis of traditional banking products in comparison to public sector bank.

  9. Efficiency of Commercial Banks in Malaysia

    OpenAIRE

    Mohd. Azmi Omar; Abdul Rahim Abdul Rahman; Rosylin Mohd. Yusof; M. Shabri Abd. Majid; Mohd. Eskandar Shah Mohd. Rasid

    2006-01-01

    This study investigates the change in the productivity of banking industry during the period of 2000 to 2004. The data consists of a panel of 11 commercial banks in Malaysia namely Malayan Banking, Bumiputra-Commerce, Public Bank, RHB Bank, Hong Leong Berhad, EON Bank, Affin Bank, Southern Bank Berhad, Bank Islam Malaysia Berhad (BIMB), Ambank and Bank Muamalat. Productivity is measured by the Malmquist index, using a Data Envelopment Analysis (DEA) technique. The Malmquist productivity measu...

  10. The Bulgarian Banks' competitiveness: the case of Remote banking

    OpenAIRE

    Bojidar Bojinov

    2003-01-01

    The new information technologies adoption and e-commerce emergence change the role of financial intermediaries in new E-conomy. During the last years, the banks have started an expansion to the web – they offer broad range of traditional bank products and services via Internet. The remote banking becomes one of the main channels for bank services distribution. This paper presents results from a research, which aims to describe actual picture of remote banking products and services offered by ...

  11. Statistical comparison of comparable banking products in selected banks

    OpenAIRE

    Elstnerová, Lucie

    2011-01-01

    The diploma thesis describes the current situation in the market of commercial banks in the Czech Republic, analyzes products offer in selected banks depending on the client preferences of individual commercial banks, and evaluates the influences and circumstances that determine the behavior of clients in relation to banks and financial products. Furthermore, it assesses the impact of demographic, social and economic factors on the usage of offered banking products. The thesis also includes a...

  12. Accounting As the Language of Business?

    DEFF Research Database (Denmark)

    Torfason, Asgeir B.; Musacchio Adorisio, Anna Linda

    The global financial crisis that started in 2007 demonstred not only a collapse of the financial system but also a failure in financial communication. The analytical substance taken for granted in accounting information turned out to be questionable. Published numbers from financial statements...... financial numbers to be reliable and trusted. The other, in the standard accounting rules for reporting cash flow of banks that were implemented decades ago are still in place unchanged after the crisis. According to basic theory in finance and accounting these numbers are presented to measure liquidity...... any financial problems even though traditional textbook would tell so. Financing or funding of banks has been put in regulatory focus, without mentioning these cash flow statements. Still they were made the standard accounting rule framework exactly for that purpose many decades ago. Cash flow numbers...

  13. The Corporate Governance of Banks

    OpenAIRE

    Hummel, Detlev

    2013-01-01

    1. Introduction 2. The role of banks and what is different in banks? 3. Corporate Governance and risk management 4. Risk taking and executive board composition 5. Compensation structures – how to improve models for banks? 6. Banking supervision and regulation 7. Reform of European institutions for financial stability

  14. Filter Bank Fusion Frames

    CERN Document Server

    Chebira, Amina; Mixon, Dustin G

    2010-01-01

    In this paper we characterize and construct novel oversampled filter banks implementing fusion frames. A fusion frame is a sequence of orthogonal projection operators whose sum can be inverted in a numerically stable way. When properly designed, fusion frames can provide redundant encodings of signals which are optimally robust against certain types of noise and erasures. However, up to this point, few implementable constructions of such frames were known; we show how to construct them using oversampled filter banks. In this work, we first provide polyphase domain characterizations of filter bank fusion frames. We then use these characterizations to construct filter bank fusion frame versions of discrete wavelet and Gabor transforms, emphasizing those specific finite impulse response filters whose frequency responses are well-behaved.

  15. Protein Data Bank (PDB)

    Data.gov (United States)

    U.S. Department of Health & Human Services — The Protein Data Bank (PDB) archive is the single worldwide repository of information about the 3D structures of large biological molecules, including proteins and...

  16. Banking on the Nation

    DEFF Research Database (Denmark)

    Ravn Sørensen, Anders

    2015-01-01

    In this article, I analyse the narratives of four Danish central bank governors from the late nineteenth century until the mid-1990s. By conducting a historical analysis informed by neo-institutional theory, I show how these central bank governors were continuously involved in public debates over...... the appropriateness and desirability of their decisions and policies. In these debates, interpretations and reproductions of Danish national identity were central to the governors' claims to legitimacy. I argue that past narratives of the Danish central bank and its governors enabled and framed future...... legitimacy claims and that the central bank and its governors gradually became embedded in national identity. Thus, the article highlights the historical development of the co-configuring relationship between Danish national identity and the legitimacy of monetary organization....

  17. Banking on technology.

    Science.gov (United States)

    Bolster, Carole J

    2007-04-01

    New technology is being used by banks to help providers improve their revenue cycle through: Digital lockbox service. Remote deposit. Web-based payment. Automated payment processing at the point of service. PMID:17427461

  18. Debt, Taxes, and Banks

    OpenAIRE

    Michael Keen; Ruud A. de Mooij

    2012-01-01

    Understanding the impact of the asymmetric tax treatment of debt and equity on the capital structures of financial institutions is critical to shaping and assessing responses to the problem of excessive leverage that underlay the 2009 financial crisis - but there is no empirical evidence to draw on. Guided by a simple model of banks? financing decisions in the presence of both regulatory constraints and tax asymmetries, this paper explores the impact of corporate tax bias on bank leverage, th...

  19. Central Bank independence

    OpenAIRE

    Vasile DEDU; Tiberiu STOICA

    2012-01-01

    In this paper we present the key aspects regarding central bank’s independence. Most economists consider that the factor which positively influences the efficiency of monetary policy measures is the high independence of the central bank. We determined that the National Bank of Romania (NBR) has a high degree of independence. NBR has both goal and instrument independence. We also consider that the hike of NBR’s independence played an important role in the significant disin...

  20. International Banking in Cyprus

    OpenAIRE

    Yiallouros, Kristie

    2009-01-01

    The purpose of this dissertation is to analyze the sector of the Cyprus economy that deals with the International Banking or Offshore Banking as otherwise is being called in Cyprus. During the last two decades the island of Cyprus has managed to establish itself as a reputable international financial centre. Therefore the literature review of this paper examines the research theme from two different aspects. First it examines the financial system of Cyprus as related to international ban...

  1. Securitization and Bank Stability

    OpenAIRE

    Di Cesare, Antonio

    2009-01-01

    This paper analyzes the effects of CDO issuance on the risk of default of banks. Previous literature showed that the overall riskiness of a bank can increase when it sells part of the loans in its portfolio by issuing a CDO of which it retains the equity tranche. Using Monte Carlo simulations, this paper confirms previous results but also highlights that they can change substantially if one modifies the hypothesis regarding how the proceeds of securitizations are reinvested. The assessment of...

  2. Norges Bank Watch 2003

    OpenAIRE

    Ekeli, Thomas; Haug, Anne Kari; Houg, Kjetil; Steigum, Erling, Jr

    2003-01-01

    The Centre for Monetary Economics (CME) at the BI Norwegian School of Management has for the fourth time invited a committee of economists to participate on Norges Bank Watch, with the objective of evaluating the monetary policy regime in Norway and Norges Bank’s conduct of monetary policy. This time the committee has focused on the conduct of policy rather than addressing institutional issues. The committee refers to Norges Bank Watch 2002 for a detailed assessment of the mone...

  3. Norges Bank Watch 2002

    OpenAIRE

    Svensson, Lars E.O.; Houg, Kjetil; Solheim, Haakon O. Aa.; Steigum, Erling, Jr

    2002-01-01

    The Centre for Monetary Economics (CME) at the Norwegian School of Management BI has for the third time invited a committee of economists for Norges Bank Watch, with the objective to evaluate the monetary-policy regime in Norway and Norges Bank’s conduct of monetary policy. The committee for Norges Bank Watch 2002 consists of Professor Lars E.O. Svensson (chair), Princeton University, Chief Economist Kjetil Houg, Alfred Berg, Doctorate Student Haakon O.Aa. Solheim, Norwegian ...

  4. Bank collapse and depression

    OpenAIRE

    Bryant, John

    1980-01-01

    The recurrent banking panics of the 19th century and the Great Depression of the 1930s are widely viewed as failures of our economic system. A simple version of Samuelson’s overlapping generations model is used to generate such failures of Walrasian equilibrium. The spontaneous “panics” generated involve a collapse of bank credit, causing in turn a drop in investment demand. The model suggests that both the recent technological advances in the intermediation industry and the current move towa...

  5. Identifying & Classification of Criteria in Choosing a Bank By Customers: Case Study at Bank Mellat

    Directory of Open Access Journals (Sweden)

    Mohammad Ali Haghighi

    2013-09-01

    Full Text Available Abstract: in order to attract the customers, it’s really needed to consider the elements they take in to account in evaluating a company. New banks attempts in stealing the customers from the experienced bank especially in retail banks prove the importance of such topic. The main purpose of this research is to identify the criteria by which a customer chooses a bank in retail banking in competitive market. Doing so, 166 evaluating criteria were extracted using field study, interviews with 43customers, back office and front office in several banks. After reconsidering the criteria by the experts, they were reduced to 50 elements and distributed as a pre-test among 60 customers. After validity and reliability test by "Stage random sampling" and "Cochran method" 669 samples were obtained. 678 questionnaires were confirmed out of 810. In order to identify and analyze these factors, by "factor analysis method", 45 questions were remained, The identified factors are as follows: Employees and trust, Quality and ease of service, Up to date technology and techniques, Physical appearance, Variety of services, investment , credits and loan, cost, reputation, convenience, incentives. Among these factors, employee and trust by 13,317 percent of variance were recognized as most important ones.

  6. Size, Diversification and Risk: Preliminary Evidence from Commercial Banks in Pakistan

    Directory of Open Access Journals (Sweden)

    Ayesha Afzal

    2012-12-01

    Full Text Available The aim of this paper is to provide some preliminary evidence on relation between size, diversification and risk in commercial banks of Pakistan. Using a panel of Pakistani banks, we investigated whether bigger banks are better diversified than smaller banks.The results suggested that larger banks were more diversified than their smaller counterparts mainly on account of their outreach and size of credit portfolio. On the risk side, based on accounting and market based risk measures, we explored if there is any impact of diversification on risk. We could not deduce significant result in favor of accounting risk measure of impaired lending signaling that banks find no incentive in diversification of credit books. The market based measures of VaR and Default indicator were significantly related to diversification signifying that market participants consider diversification as a relevant tool for risk mitigation. These findings have policy implications for regulators and risk management to ensure stability in financial system.

  7. The Empirics of Banking Regulation

    OpenAIRE

    Tchana Tchana, Fulbert

    2008-01-01

    This paper empirically assesses whether banking regulation is effective at preventing banking crises. We use a monthly index of banking system fragility, which captures almost every source of risk in the banking system, to estimate the effect of regulatory measures (entry restriction, reserve requirement, deposit insurance, and capital adequacy requirement) on banking stability in the context of a Markov-switching model. Our methodology is less prone to selection and simultaneity bias which a...

  8. New Issues in Bank Regulation

    OpenAIRE

    Mohsin S. Khan

    2002-01-01

    Deregulation, technology, and financial innovation are transforming banking. Indeed, banking is no longer the business it was even a few decades ago. The way banking services are provided has changed dramatically, and in many countries they are even offered by institutions that are quite different from traditional banks. As the old institutional demarcations become increasingly irrelevant, increased competition from other intermediaries has led to a decline in traditional banking in which ban...

  9. Risk Assessment for Banking Systems

    OpenAIRE

    Helmut Elsinger; Alfred Lehar; Martin Summer

    2002-01-01

    In this paper we suggest a new approach to risk assessment for banks. Rather than looking at them individually we try to undertake an analysis at the level of the banking system. Such a perspective is necessary because the complicated network of mutual credit obligations can make the actual risk exposure of banks invisible at the level of individual institutions. We apply our framework to a cross section of individual bank data as they are usually collected at the central bank. Using standard...

  10. Public Disclosure and Bank Failures

    OpenAIRE

    Eduardo Levy Yeyati; Tito Cordella

    1998-01-01

    This paper analyses the impact of public disclosure of banks’ risk exposure on banks’ risk taking incentives and its implications in terms of soundness of the banking system. We find that, when banks have a complete control over the volatility of their loan portfolio, public disclosure reduces the probability of banking crises. When asset risk is driven largely by exogenous factors beyond the control of bank managers, however, information disclosure may increase banking sector fragility, as t...

  11. Corporate governance and banking regulation

    OpenAIRE

    Alexander, Kern

    2004-01-01

    The globalisation of banking markets has raised important issues regarding corporate governance regulation for banking institutions. This research paper addresses some of the major issues of corporate governance as it relates to banking regulation. The traditional principal-agent framework will be used to analyse some of the major issues involving corporate governance and banking institutions. It begins by analysing the emerging international regime of bank corporate governance. This has been...

  12. INTERNAL AUDIT APPROACH IN BANKS

    OpenAIRE

    Victoria STANCIU

    2008-01-01

    Romanian banking system has known in the last years significant changes determined by the implementation of Basel II requirements and governance principles on one hand and assimilation of the EU Directives for the banking sector on the other hand. The function of internal audit is new in the Romanian banks, being implemented as a result of the new regulation established by the Romanian National Bank in the effort to aligne the Romanian banking legislation to the international regulations and ...

  13. Cost leadership and bank internationalization

    OpenAIRE

    Galema, Rients; Koetter, Michael; Liesegang, Caroline

    2013-01-01

    We adapt a theoretical model from the goods trade literature to test whether banks with a comparative cost advantage are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank-level data on the international activities of all German banks with publicly available bank micro data from possible destination markets to show that the decision to go abroad is driven by relative cost differences. Banks enter markets where they are cost leaders...

  14. The Banks and Sustainable Development

    OpenAIRE

    Madzova, Violeta

    2012-01-01

    This paper focuses on the role of the banks in supporting sustainable development. Its objective is to examine recent trends in banking and sustainable development, as well as to assess the implementation and application of the sustainable development policies adopted by the banks in the banking sector in Republic of Macedonia. For that purpose it is made a comprehensive analysis on the trends of “sustainable finance”, as well as research on the practices in the Macedonian banking sector in s...

  15. BANK RATING. A COMPARATIVE ANALYSIS

    Directory of Open Access Journals (Sweden)

    Batrancea Ioan

    2015-07-01

    Full Text Available Banks in Romania offers its customers a wide range of products but which involves both risk taking. Therefore researchers seek to build rating models to help managers of banks to risk of non-recovery of loans and interest. In the following we highlight rating Raiffeisen Bank, BCR-ERSTE Bank and Transilvania Bank, based on the models CAAMPL and Stickney making a comparative analysis of the two rating models.

  16. Three myths about central banks

    OpenAIRE

    Geoffrey P. Miller

    2002-01-01

    Do central banks control the business cycle? Should price stability be their only monetary policy goal? Do politicians give up a degree of power and gain nothing personally when they grant central banks independence? This Commentary argues that none of these widely held notions is true. The Commentary is based on a speech presented to participants at the conference on the Origins and Evolution of Central Banking, sponsored by the Central Bank Institute of the Federal Reserve Bank of Cleveland...

  17. Design Accountability

    DEFF Research Database (Denmark)

    Koskinen, Ilpo; Krogh, Peter

    2015-01-01

    When design research builds on design practice, it may contribute to both theory and practice of design in ways richer than research that treats design as a topic. Such research, however, faces several tensions that it has to negotiate successfully in order not to lose its character as research. ...... accountability is introduced to who and what is discussed. The purpose of the paper is to enable a richer and nuanced discussion of practice based methods in design research.......When design research builds on design practice, it may contribute to both theory and practice of design in ways richer than research that treats design as a topic. Such research, however, faces several tensions that it has to negotiate successfully in order not to lose its character as research....... This paper looks at constructive design research which takes the entanglement of theory and practice as its hallmark, and uses it as a test case in exploring how design researchers can work with theory, methodology, and practice without losing their identity as design researchers. The crux of practice...

  18. Bank procyclicality and output: Issues and policies

    OpenAIRE

    Athanasoglou, Panayiotis; Ioannis, Daniilidis; Manthos, Delis

    2013-01-01

    The recent global financial crisis has highlighted the importance of the procyclicality of the financial sector. The procyclicality has transformed banks from mitigation mechanisms to amplifiers of changes in economic activity, potentially affecting financial stability and economic growth. The causes of procyclicality can be attributed to market imperfections and deviations from the efficient market hypothesis, while other factors including the Basel-type regulations, accounting standards and...

  19. Corporate governance in banks: Problems and remedies

    OpenAIRE

    Monika Marcinkowska

    2012-01-01

    Weak and ineffective corporate governance mechanisms in banks are pointed out as the main factors contributing to the recent financial crisis. Deep changes in this area are necessary to reinforce the financial sector stability. The paper presents key aspects requiring reforms: the role, constitution and accountability of board, risk management, management remuneration, transparency. New regulations and guidance are presented, creating the foundations for a new order of the financial market. ...

  20. The Effect of Savings Accounts on Interpersonal Financial Relationships: Evidence from a Field Experiment in Rural Kenya

    OpenAIRE

    Pascaline Dupas; Anthony Keats; Jonathan Robinson

    2015-01-01

    The welfare impact of expanding access to bank accounts depends on whether accounts crowd out pre-existing financial relationships, or whether private gains from accounts are shared within social networks. To study the effect of accounts on financial linkages, we provided free bank accounts to a random subset of 885 households. Within households, we randomized which spouse was offered an account and find no evidence of negative spillovers to spouses. Across households, we document positive sp...

  1. THE BANK RISKS MANAGEMENT – A NEW APPROACH

    OpenAIRE

    LAURENTIU FRATILA; LUMINITA ION

    2011-01-01

    The financial institutions are faced with both the specific risks arising from activities conducted on the financial market and common risk for all businesses and individuals. In the current financial markets we see the increasing use of derivative products (swaps, futures, options). Given this, the paper treats the bank risk management, focusing on market risk management. In order to determine the correct capital requirements for market risk is taken into account banking book and trading boo...

  2. Looking afield: debt collection tips hospitals can borrow from banks.

    Science.gov (United States)

    Klein, Larry; Shelton, Greg

    2015-09-01

    When developing strategies for collecting on patient debt, hospitals can benefit from following the example of the banking industry: Banks take a "do-it-yourself" approach, working delinquent accounts in-house for as long as practical. They embrace technology to give in-house debt collectors optimal opportunity to connect with customers to work out terms for resolving debt. They strategically leverage outside collections agencies based on the makeup of their debt portfolio. PMID:26548160

  3. Innovation in services: corporate culture and investment banking

    OpenAIRE

    Lyons, Richard K.; Chatman, Jennifer A.; Joyce, Caneel K.

    2007-01-01

    The article discusses service innovation in the investment banking industry. Service industry innovations differ from innovations in industries that produce physical products because they rarely have intellectual property and patent protections. However, investment banking services are typically a series of interrelated businesses such as consulting, wealth management and accounting, and innovations require a business wide coordinated approach. The authors argue that a strong corporate cultur...

  4. Pengaruh Kualitas Layanan Mobile Banking (M-Banking Terhadap Kepuasan Nasabah di Indonesia [Effect of Mobile Banking (M-Banking Service Quality on Customer Satisfaction in Indonesia

    Directory of Open Access Journals (Sweden)

    Aditya Wardhana

    2015-09-01

    Full Text Available The research aim was to assess the influence of the service quality of mobile banking (m-banking against customer satisfaction at the greatest banks in Indonesia. Elements of the quality of mobile banking services (m-banking were speed, security, accuracy, and trust. The population of this study was bank customers from eight of the greatest bank in Indonesia -- Bank Mandiri, Bank BRI, Bank BCA, Bank BNI, Bank CIMB Niaga, Bank Danamon, Bank Permata, and Bank Panin -- who used mobile banking which totaled 19.9 million customers with the size of the sample being 400 respondents. The sampling method used nonprobability sampling by incidental sampling. The results by using a structural equation modeling (SEM found significant influences between service quality of mobile banking (m-banking partially and simultaneously to customer satisfaction.

  5. A STUDY ON E-BANKING SERVICES: ITS RISKS AND IMPACTS

    OpenAIRE

    Sinha, Rajni

    2016-01-01

    Today’s world is one with increasing online access to services. One part of this which is growing rapidly is Internet Banking. Internet banking refers to systems that enable bank customers to access accounts and general information on bank products and services through a personal computer (PC) or other intelligent devices. Though a large volume of literature is accessible on E-banking, this area is still a work in progress and offers a wide array of opportunities for further research and appl...

  6. Off-balance sheet activities and financial innovation in banking

    Directory of Open Access Journals (Sweden)

    M.K. LEWIS

    2013-12-01

    Full Text Available Bank’s off-balance sheet operations have grown rapidly in recent years. The ‘off’ balance sheet description denotes that the activities involve contingent commitments or contracts which generate income to a bank, but are not normally captured as assets or liabilities under conventional accounting procedures. The work explores the growth of this phenomenon in a broader context of innovations in financial techniques in banking. The author looks at the nature of off-balance sheet business and compares it with traditional banking operations. The reasons for the growth of these operations as well as their risks are then investigated.

  7. Consumer Adoption of Online Banking: Does Distance Matter?

    OpenAIRE

    Khan, Beethika S.

    2004-01-01

    This paper tests whether consumer adoption of online banking is affected by the distance to one’s bank branch. During the last decade, rapid diffusion of the Internet has dramatically changed the ways consumers conduct every-day businesses. An important trend in the rapid increase of Internet use among U.S. households is the use of the Internet for accessing financial accounts and paying bills. I estimate a logit model for online banking use with household level data from the U.S. for 1998 ...

  8. Alternative banking: theory and evidence from Europe

    Directory of Open Access Journals (Sweden)

    Kurt Von Mettenheim

    2012-12-01

    Full Text Available Since financial liberalization in the 1980s, non-profit maximizing, stakeholder-oriented banks have outperformed private banks in Europe. This article draws on empirical research, banking theory and theories of the firm to explain this apparent anomaly for neo-liberal policy and contemporary market-based banking theory. The realization of competitive advantages by alternative banks (savings banks, cooperative banks and development banks has significant implications for conceptions of bank change, regulation and political economy.

  9. INTERNAL AUDIT APPROACH IN BANKS

    Directory of Open Access Journals (Sweden)

    Victoria STANCIU

    2008-01-01

    Full Text Available Romanian banking system has known in the last years significant changes determined by the implementation of Basel II requirements and governance principles on one hand and assimilation of the EU Directives for the banking sector on the other hand. The function of internal audit is new in the Romanian banks, being implemented as a result of the new regulation established by the Romanian National Bank in the effort to aligne the Romanian banking legislation to the international regulations and practice in the field. In the dynamic banking environment the internal audit has to define and strengthen its statute and role. We can say that in the new context – regulatory environment for banking system and professional requirements – internal audit become one of the most influential and value added function in the bank. The present paper presents the role of internal audit in the Romanian banks and its major areas of interest.

  10. Gold Investment Account in Kuwait Finance House (M) Berhad and Maybank Berhad

    OpenAIRE

    Mohamed Kamil, M. M.; Suhaimi, M.; Syed Alwi, S. F.

    2013-01-01

    Banks in Malaysia offer gold investment accounts to customers who will make deposits when prices of gold are low and withdraw ata profit when prices rise. The objective of this paper is to determine the major differences and similarities between the nature of gold investment accounts operation in Islamic bank, Kuwait Finance House (M) Berhad (KFH) and the conventional bank, Maybank Berhad tocome up with the best options between their two products. This research adopts the qualitative method a...

  11. Twenty-first century brain banking: at the crossroads.

    Science.gov (United States)

    Graeber, Manuel B

    2008-05-01

    Brain banks form an increasingly important resource for research. In view of declining autopsy rates, brain banks are also gaining importance for medical diagnostics, quality control and teaching. In the case of neurodegenerative diseases, brain banks have become drivers of discovery and are yielding invaluable taxonomic references for neuropathologists. This article provides comments on two recent landmark papers in the field (Bell JE et al. Acta Neuropathol 2008. doi:10.1007/s00401-008-0358-8; Vonsattel JP et al. Acta Neuropathol 2008. doi:10.1007/s00401-007-0311-9). Professionalisation of brain banking standards, ethical principles safeguarding the running of a brain bank and a proposed code of conduct for brain bank staff are outlined and discussed. Special emphasis is placed on the need to enable sustainability of the human brain tissue resource in the face of increased financial pressures on medical institutions and raised public expectations towards ethical human brain banking in a globalised economic environment. It is proposed that brain banks undergo rigorous international audit as a prerequisite for their registration with the relevant national neuropathological society. This promises to be an important safeguard so that proper standards can be assured when tissue is handed out to commercial companies. Honesty, accountability and complete transparency are mandatory to allow long-lasting success of the brain banking operation by guaranteeing that the best possible use is made of the tissue. Preferred access by private tissue users must be avoided and money must never be allowed to buy access to a brain bank. Since brain banks operate internationally, any mistake made may be felt around the globe and could endanger the public's willingness to donate brains for research. The much-needed increase in the number of control brain donations will only be achievable if broad-based support from the general public can be won and maintained. PMID:18347804

  12. Development of tissue bank.

    Science.gov (United States)

    Narayan, R P

    2012-05-01

    The history of tissue banking is as old as the use of skin grafting for resurfacing of burn wounds. Beneficial effects of tissue grafts led to wide spread use of auto and allograft for management of varied clinical conditions like skin wounds, bone defects following trauma or tumor ablation. Availability of adequate amount of tissues at the time of requirement was the biggest challenge that forced clinicians to find out techniques to preserve the living tissue for prolonged period of time for later use and thus the foundation of tissue banking was started in early twentieth century. Harvesting, processing, storage and transportation of human tissues for clinical use is the major activity of tissue banks. Low temperature storage of processed tissue is the best preservation technique at present. Tissue banking organization is a very complex system and needs high technical expertise and skilled personnel for proper functioning in a dedicated facility. A small lapse/deviation from the established protocol leads to loss of precious tissues and or harm to recipients as well as the risk of transmission of deadly diseases and tumors. Strict tissue transplant acts and stringent regulations help to streamline the whole process of tissue banking safe for recipients and to community as whole. PMID:23162240

  13. Materials information data bank

    International Nuclear Information System (INIS)

    A major concern in the design of weapons systems is compatibility of materials with each other and with the enclosed environment. Usually these systems require long-term storage and must have high reliability at the end of this storage period. Materials selection is thus based on past experience and on laboratory-accelerated testing to assure this long-term reliability. To assist in materials selection, a computerized materials data bank has been established. In addition to references on personnel and documents, this data bank provides annotated information on materials so that the designer and materials engineer can draw on it for guidance in selecting materials. The primary purpose of the data bank is to provide materials compatibility data. However, the structure of the system permits the data bank to be used for storage and retrieval of general materials information. The data bank storage and information retrieval philosophy is discussed and procedures for information gathering are outlined. Examples of data entries and a list of search routines are presented to demonstrate the usefulness and versatility of the system

  14. Development of tissue bank

    Directory of Open Access Journals (Sweden)

    R P Narayan

    2012-01-01

    Full Text Available The history of tissue banking is as old as the use of skin grafting for resurfacing of burn wounds. Beneficial effects of tissue grafts led to wide spread use of auto and allograft for management of varied clinical conditions like skin wounds, bone defects following trauma or tumor ablation. Availability of adequate amount of tissues at the time of requirement was the biggest challenge that forced clinicians to find out techniques to preserve the living tissue for prolonged period of time for later use and thus the foundation of tissue banking was started in early twentieth century. Harvesting, processing, storage and transportation of human tissues for clinical use is the major activity of tissue banks. Low temperature storage of processed tissue is the best preservation technique at present. Tissue banking organization is a very complex system and needs high technical expertise and skilled personnel for proper functioning in a dedicated facility. A small lapse/deviation from the established protocol leads to loss of precious tissues and or harm to recipients as well as the risk of transmission of deadly diseases and tumors. Strict tissue transplant acts and stringent regulations help to streamline the whole process of tissue banking safe for recipients and to community as whole.

  15. MANAGING BANK SERVICES QUALITY

    Directory of Open Access Journals (Sweden)

    Marijana Mandić

    2011-01-01

    Full Text Available Quality has become the basicfactor of economic efficiency and the basicprinciple of business activities of successfulorganizations. Its consequence is revolution in thearea of quality that has comprised all kinds ofproducts and services including the bank servicesas well. To understand the present and future needsof clients and to know how to fulfill and try toexceed their expectations is the task of everyefficient economy. Therefore, the banks in thedeveloped economies try to re-orientateorganizationally, technologically andinformatically their business activities placing theclient in the core of this business activity.Significant indicators of quality services that banksoffer are measured by the time clients wait for theprovision of the desired service and the number ofclients who give up to enter the bank due to thelong waiting for provision of the desired serviceand the number of clients who give up to enter thebank due to the long waiting queues. Dissatisfiedclient is the worst result of the bank's work andactivity. The great effort is made to improve thequality of services, which means professionalismand communication of personnel with whom theclients come in contact, giving punctual and clearinformation and short waiting period of standing inthe queues. The aim of this paper is to present anddescribe the functioning of the bank system underthe conditions of establishing quality in provision ofservices to clients and to recognize basic guidelinesfor improvement of quality in the work of thebanking sector.

  16. Materials information data bank

    Energy Technology Data Exchange (ETDEWEB)

    Mead, K.E.

    1978-03-01

    A major concern in the design of weapons systems is compatibility of materials with each other and with the enclosed environment. Usually these systems require long-term storage and must have high reliability at the end of this storage period. Materials selection is thus based on past experience and on laboratory-accelerated testing to assure this long-term reliability. To assist in materials selection, a computerized materials data bank has been established. In addition to references on personnel and documents, this data bank provides annotated information on materials so that the designer and materials engineer can draw on it for guidance in selecting materials. The primary purpose of the data bank is to provide materials compatibility data. However, the structure of the system permits the data bank to be used for storage and retrieval of general materials information. The data bank storage and information retrieval philosophy is discussed and procedures for information gathering are outlined. Examples of data entries and a list of search routines are presented to demonstrate the usefulness and versatility of the system.

  17. E-banking: Online Transactions and Security Measures

    Directory of Open Access Journals (Sweden)

    Hameed Ullah Khan

    2014-05-01

    Full Text Available This study presents the technology involved in the more important payment systems currently available to internet users. As the field is undergoing a major upheaval by changing the traditional banking services, e-commerce is facilitating change in recent years. These programs in-returns have shown lucrative growth in internet businesses and capital generation. Transactions on an international scale are the mark of highly demanding businesses with a global consumer base. Banks around the world provide their banking services online though electronic channels, one of the most widely used is the internet channel. Many people avail internet banking services which is convenient in this day and age. On-line banking platforms allow consumers to manage their accounts globally and at their convenience. The internet banking services have to be at top level of security and risk free in order to be trusted by customers. In this study the attack models have been explained and the top risks factors that the internet banking services come to face and applications have been discussed. This study deals with experimental models that can be applied to curb cybercrime attacks and make the internet banking applications more secure to the consumer strata.

  18. Generation of nuclear data banks through interpolation

    International Nuclear Information System (INIS)

    Nuclear Data Bank generation, is a process in which a great amount of resources is required, both computing and humans. If it is taken into account that at some times it is necessary to create a great amount of those, it is convenient to have a reliable tool that generates Data Banks with the lesser resources, in the least possible time and with a very good approximation. In this work are shown the results obtained during the development of INTPOLBI code, used to generate Nuclear Data Banks employing bi cubic polynomial interpolation, taking as independent variables the uranium and gadolinium percents. Two proposals were worked, applying in both cases the finite element method, using one element with 16 nodes to carry out the interpolation. In the first proposals the canonic base was employed to obtain the interpolating polynomial and later, the corresponding linear equations system. In the solution of this system the Gaussian elimination method with partial pivot was applied. In the second case, the Newton base was used to obtain the mentioned system, resulting in a triangular inferior matrix, which structure, applying elemental operations, to obtain a blocks diagonal matrix, with special characteristics and easier to work with. For the validations test, a comparison was made between the values obtained with INTPOLBI and INTERTEG (created at the Instituto de Investigaciones Electricas with the same purpose) codes, and Data Banks created through the conventional process, that is, with nuclear codes normally used. Finally, it is possible to conclude that the Nuclear Data Banks generated with INTPOLBI code constitute a very good approximation that, even though do not wholly replace conventional process, however are helpful in cases when it is necessary to create a great amount of Data Banks. (Author)

  19. Generation of nuclear data bank by interpolation

    International Nuclear Information System (INIS)

    Nuclear Data Bank generation, is a process in which a great amount of resources is required, both computing and humans. If it is taken into account that at some times it is necessary to create a great amount of those, it is convenient to have a reliable tool that generates Data Banks with the lesse resources, in the least possible time and with a very good approximation. In this work are shown the results obtained during the development of INTPOLBI code, used to generate Nuclear Data Banks employing bi-cubic polynomial interpolation, takings as independent variables the uranium and gadolinia percents. Two proposal were worked, applying in both cases the finite element methods, using one element with 16 nodes to carry out the interpolation. In the first proposal the canonic base was employed to obtain the interpolating polynomial and later, the corresponding linear equations systems. In the solution of this system the Gaussian elimination methods with partial pivot was applied. In the second case, the Newton base was used to obtain the mentioned system, resulting in a triangular inferior matrix, which structure, applying elemental operations, to obtain a blocks diagonal matrix, with special characteristics and easier to work with. For the validations test, a comparison was made between the values obtained with INTPOLBI and INTERTEG (created at the Instituto de Investigaciones Electricas with the same purpose) codes, and Data Banks created through the conventional process, with nuclear code normally used. Finally, it is possible to conclude that the Nuclear Data Banks generated with INTPOLBI code constitute a very good approximation that, even though do not wholly replace conventional process, however are helpful in cases when it is necessary to create a great amount of Data Banks

  20. Nuclear data banks generation by interpolation

    International Nuclear Information System (INIS)

    Nuclear Data Bank generation, is a process in which a great amount of resources is required, both computing and humans. If it is taken into account that at some times it is necessary to create a great amount of those, it is convenient to have a reliable tool that generates Data Banks with the lesser resources, in the least possible time and with a very good approximation. In this work are shown the results obtained during the development of INTPOLBI code, use to generate Nuclear Data Banks employing bicubic polynominal interpolation, taking as independent variables the uranium and gadolinia percents. Two proposal were worked, applying in both cases the finite element method, using one element with 16 nodes to carry out the interpolation. In the first proposals the canonic base was employed, to obtain the interpolating polynomial and later, the corresponding linear equation systems. In the solution of this systems the Gaussian elimination methods with partial pivot was applied. In the second case, the Newton base was used to obtain the mentioned system, resulting in a triangular inferior matrix, which structure, applying elemental operations, to obtain a blocks diagonal matrix, with special characteristics and easier to work with. For the validation tests, a comparison was made between the values obtained with INTPOLBI and INTERTEG (create at the Instituto de Investigaciones Electricas (MX) with the same purpose) codes, and Data Banks created through the conventional process, that is, with nuclear codes normally used. Finally, it is possible to conclude that the Nuclear Data Banks generated with INTPOLBI code constitute a very good approximation that, even though do not wholly replace conventional process, however are helpful in cases when it is necessary to create a great amount of Data Banks

  1. Quality Determinants of Independent Audits of Banks

    Directory of Open Access Journals (Sweden)

    José Alves Dantas

    2015-04-01

    Full Text Available Since DeAngelo's study (1981 on audit quality, the latter has been a topic well discussed in the international accounting literature; however, there is little evidence about audit quality in the financial market. In Brazil, studies on audit quality began only in the 2000s, although without a specific focus on banks. The purpose of this study was to identify the quality determinants of audit work in Brazilian banking institutions. Using the practice of earnings management as a proxy for audit quality - more specifically, the discretionary accruals related to the process of the constitution of the Loan Loss Provision (LLP - tests were performed based on the quarterly information of commercial and multipleservice banks and savings banks from 2001 to 2012. Empirical tests have shown that the quality of audit work has several types of relationships as follows: negative with the client importance level for the auditor; negative with the works after the sixth year of the contract; positive with the establishment of the Audit Committee by the banks; positive with the judgment of punitive administrative proceedings against independent auditors; and positive with the level of rigor of the regulatory environment. Of the tested hypotheses, three were not confirmed empirically. The first hypothesis predicted an association between audit quality and the auditor degree of specialization in the banking industry. The second hypothesis predicted that audit quality would be negatively correlated with the degree of concentration of audit activity within the National Financial System (Sistema Financeiro Nacional - SFN. The third hypothesis predicted that audit quality would be lower when the auditorclient relationship is of a short term. The results of the study contribute to the debate concerning the role of auditors in the transparency and solidity of the financial system, including their role as a complementary or auxiliary supervisor.

  2. Impact of Electronic Banking Innovations on Bank Deposit Market Share

    Directory of Open Access Journals (Sweden)

    Kashmari A

    2016-04-01

    Full Text Available Development and diversity of electronic banking services is one of the aspects of financial innovation of banks. In Iran’s banking system, the development of multiple channels representing electronic banking services such as SWIFT system, ATM, POS, PIN pads, internet banking, mobile banking and telephone banking are made for more facility in paying money, so today, the development of this channels is one of the most competitive areas between banks for attracting resources. The main purpose of this study is to evaluate this innovation, which needs a heavy cost in terms of money and time, on the share of each bank in attracting deposit as one of the most important goals and competitive tools of a bank. By using Panel Data Vector Autoregressive methods (Panel-VAR and Granger causality test, data of 23 Iranian banks in the 7 years (2007-2013 has been studied. The results show that based on the Granger Causality Test, the number of ATM machines, POS, PIN pad, SWIFT system and amount of banking facilities provided by each bank, has causal relation in explaining the increase of the bank’s share in attracting deposits; but the Market Share was recognized as the cause of the innovation. Also, the causality direction of deposits’ share and the amount of facilities were noticed to be bilateral.

  3. 12 CFR 741.204 - Maximum public unit and nonmember accounts, and low-income designation.

    Science.gov (United States)

    2010-01-01

    ... low-income designation. 741.204 Section 741.204 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION... Unions § 741.204 Maximum public unit and nonmember accounts, and low-income designation. Any credit union...) Obtain a low-income designation in order to accept nonmember accounts, other than from public units...

  4. 12 CFR 550.210 - Must I conduct another review of an account after I accept it?

    Science.gov (United States)

    2010-01-01

    ... Fiduciary Account § 550.210 Must I conduct another review of an account after I accept it? After you accept a fiduciary account for which you have investment discretion, you must conduct a prompt review of... after I accept it? 550.210 Section 550.210 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT...

  5. Trade Credit, Bank Credit and Profits: Evidence from Indian Manufacturing Firms

    OpenAIRE

    Vikash Gautam; Rajendra R. Vaidya

    2015-01-01

    An important question that is empirically under researched pertains to the relationship between trade credit (accounts payable and accounts receivable), bank credit and profits when there are imperfections in the credit market. Theory predicts complementarity between accounts payable and bank credit for financially constrained firms and substitutability for financially unconstrained firms. On the other hand, only those firms that are relatively unprofitable and constrained should invest in ac...

  6. Analisis Sistem Informasi Akuntansi Pembiayaan Kredit Usaha Kecil pada PT. Bank BTPN KCP UMK Binjai

    OpenAIRE

    Amalia, Nisa

    2015-01-01

    One solution to help managers in making decisions companies are utilizing the development of information systems in decision making . To be more specific I am trying to steer developments in the field of accounting information systems , especially the use of accounting information system in banking . The purpose of this research is to gain a clear picture of the implementation of accounting information systems as one of the decision support tool in credit financing in PT Bank BTPN UMK KCP Bin...

  7. NEA Data Bank

    International Nuclear Information System (INIS)

    The coordination of nuclear data compilation within the OECD countries was initiated in 1964, with the creation of the Neutron Data Compilation Centre (CCDN) at Saclay close to Paris, France. This centre participated from the start in the 4-centre network. The NEA Data Bank was established at Saclay in 1978, by merging the CCDN and the Computer Program Library (CPL), Ispra, Italy. NEA Data Bank activities have evolved beyond nuclear data and computer programs, and now also include projects such as the coordination of the Joint Evaluated Fission and Fusion (JEFF) library of nuclear data, the compilation and critical review of chemical thermodynamic data for waste management applications, and the compilation of information relevant to computer code validation in the areas of: integral experiments, shielding, criticality safety, fuel behaviour, reactor physics and reactor safety. The Executive Group of the NEA Nuclear Science Committee manages the work programme of the NEA Data Bank.

  8. On Internet Banking

    Directory of Open Access Journals (Sweden)

    Jeffrey E Jarrett

    2015-08-01

    Full Text Available The purpose is to note the likelihood of continued growth of internet banking and commerce as individual consumers purchase more and more products to access the internet and complete both financial and consumer transactions. The growth is commercial and banking services on-line will grow as long as the hardware producers innovate with new faster and easy to use products. The pitfalls include attacks by savage interventionists who attempt to steal information and prevent end-users from employing the internet for purposes with good intentions. A challenge is made to software and hardware producers to use modern methods and techniques to predict where problems exist in internet banking and commerce. Serious solutions are necessary.

  9. Bank Customers Management System

    Directory of Open Access Journals (Sweden)

    Ebubeogu Amarachukwu Felix

    2015-08-01

    Full Text Available ABSTRACT The purpose of this project is in partial fulfilment of the requirements of Bachelor of Science Hon in Information Technology. The Design and development of this Bank customers Management system provides a more secured approach in managing bank customers information which strengthens the relationships between banks and their customers by providing the right solutions that uses a multi-level security to improve customer satisfaction. The technology used in developing this project is ASP.NET and the programming language used to develop this project is C and the IDE used is Microsoft Visual Studio 2013 professional in designing the front end while the back end uses Microsoft SQL Server 2012.

  10. Does Ultimate Controlling Owners' Political Status Mitigate the Credit Banks' Dependence on the Accounting Information: An Empirical Study Based on Perspective of Self-discipline Corporate Governance%实际控制人政治身份降低债权人对会计信息的依赖吗——基于自我约束型治理视角的解释和实证检验

    Institute of Scientific and Technical Information of China (English)

    潘克勤

    2009-01-01

    文章实证分析了民营上市公司实际控制人政治身份对会计信息债务契约有用性的替代效应,发现实际控制人政治身份降低了会计信息债务契约有用性,而且该效应随政治身份级别提高而加强;本文以上市公司违规概率、债务违约概率、审计意见严格程度以及操控性应计水平作为企业声誉及财务报告质量的替代,发现实际控制人具有政治身份、以及较高级别政治身份的公司,其声誉更好、财务报告质量相对更高;研究还发现,更具有关系资源优势的政府任职及金融机构任职背景没有降低债权人对于会计信息的依赖,具备上述优势的企业其违规、债务违约指标也没有得到改善.实际控制人政治身份对于会计信息债务契约有用性的替代效应,不是由于政治施压直接影响银行贷款决策,而是由于出于维护政治声誉和竞争优势目的的自我约束型治理,降低了债务契约风险.%This article inspects whether the ultimate controlling owners' political status alleviates the credit banks' dependence on the accounting information of Chinese private listed companies. The accounting information can reflect the debtors' repaying capability and profitability in a way, but the accounting information may be distorted by accounting technique, such as the historical cost system, the accrual accounting basis, so the financial statements can not supply complete information for credit banks. The ultimate controlling owners' political status is an important unofficial institution arrangement, and it can create competition advantage and reputation for the enterprises, because the ultimate controlling owners who have got political status can participate in the process of policy making of the state, can acquaint the trend of government's industry policy change, can make good relationship with the government and the officials, and can alleviate the supervising intensity from related

  11. 12 CFR 552.2-7 - Conversion to National banking association or State bank.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Conversion to National banking association or State bank. 552.2-7 Section 552.2-7 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE... National banking association or State bank. A Federal stock association may convert to a National...

  12. Nuclear Plant Data Bank

    International Nuclear Information System (INIS)

    The Nuclear Plant Data Bank (NPDB) is being developed at the Los Alamos National Laboratory to assist analysts in the rapid and accurate creation of input decks for reactor transient analysis. The NPDB will reduce the time and cost of the creation or modification of a typical input deck. This data bank will be an invaluable tool in the timely investigation of recent and ongoing nuclear reactor safety analysis. This paper discusses the status and plans for the NPDB development and describes its anticipated structure and capabilities

  13. Boards of Banks

    OpenAIRE

    Ferreira, Daniel

    2010-01-01

    An earlier version of this paper won the Best Paper Award of the Corporate Governance SIG at EURAM. Abstract We construct a comprehensive data set with detailed biographic data on 12,010 board directors working for 740 large banks from 41 countries over the period 2000-2008. The data allow us to create a novel and reliable measure of director independence. We report many new findings. Bank board independence increases rapidly and substantially in the pre-crisis period, peaking at abou...

  14. Some banking activities of the Islami Bank Bangladesh Ltd.

    Directory of Open Access Journals (Sweden)

    Dr. Abu Zafar Mahmudul Haq

    2013-02-01

    Full Text Available Banking sectors of Bangladesh are not going well in terms of investment. Among different banks in Bangladesh, Islami Bank Bangladesh Limited (IBBL is running good for the modes of investment. So this study is conducted of the investment modes of this bank. Study is based on secondary information of the IBBL and opinion survey among twenty clients which has been done through convenient sampling on a purposively selected branch. It concludes that trend of investment of the IBBL runs well.

  15. The Effect of Banks Merger on Electronic Banking Services Competency

    OpenAIRE

    Ahmad Z. Siam

    2009-01-01

    Problem statement: This study is conducted to present benefits and consequences of latest technology used in banking industries. In addition, it has focused on the dynamics of banking sector, electronic banking services and new courses especially with mergers that constitute most of these mechanisms. Approach: The study discussed this new activity and the extent of response level of services while the need, wants and demands of customers are met. Furthermore, how banks deal with such services...

  16. CONSUMER SWITCHING BEHAVIOR FROM ONLINE BANKING TO MOBILE BANKING

    OpenAIRE

    Chian-Son Yu

    2014-01-01

    Through investigating factors that influence consumers to make a transition from online to mobile banking, this empirical study shows that relative attitude and relative subjective norm positively motivated respondents to switch from Internet to mobile banking while relative perceived behavior control deterred respondents from transitioning. Empirical results also demonstrated that Internet banking is superior to mobile banking in terms of consumer relative compatibility, self-efficacy, resou...

  17. Bank Risk Measurement: A Critical Evaluation at a European Bank

    OpenAIRE

    Gunnar Wahlström

    2013-01-01

    This article assesses bank management’s perspective on the use and effectiveness of the risk measurement system under Basel II that setcapital requirements for banks. These requirements encouraged the use of risk measurement. Semi-structured interviews with various bank managers at Viking Bank (a fictitious name) provide the empirical data for this research. These interviews were conducted after the global financial crisis that led, among other events, to the bankruptcy of Lehman Brothers. Vi...

  18. Some banking activities of the Islami Bank Bangladesh Ltd.

    OpenAIRE

    Dr. Abu Zafar Mahmudul Haq

    2013-01-01

    Banking sectors of Bangladesh are not going well in terms of investment. Among different banks in Bangladesh, Islami Bank Bangladesh Limited (IBBL) is running good for the modes of investment. So this study is conducted of the investment modes of this bank. Study is based on secondary information of the IBBL and opinion survey among twenty clients which has been done through convenient sampling on a purposively selected branch. It concludes that trend of investment of the IBBL runs well.

  19. PATHWAYS TO SUSTAINABLE BANKING MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Dragan (Santamarian Oana Raluca

    2012-12-01

    Full Text Available This paper describes one of the major challenges of the future: the sustainable development of the society. Sustainability is now increasingly recognized as central to the growth of emerging market economies. For the banking sector, this represents both a demand for greater social and environmental responsibility as well as a new landscape of business opportunity. Several years ago, the main part of the banks did not consider the social and environmental problems relevant for their operations. Recently, the banks began to realize the major impact of the sustainable development over the way of ulterior development of the society and, implicitly over the way of creating of the banking value in the future. In this context, the development of a banking management system, based on sustainable principles represents one of the provocations of these days.Starting from literature in the sustainable banking management field in this paper are presented several relevant issues related to risk management in the context of sustainable banking financing: the need to implement the sustainable management principles in financial and banking industry; the role of banks in sustainable development of society; social and environmental risk management policies, events that have shaped the role of the banking sector in sustainable development; international standards regarding sustainable banking management such us: Equator Principles for sustainable investment projects’ financing or GRI principles for sustainable reporting. Furthermore, we developed a practical case study related to the implementation of sustainable banking management at Bank of America.

  20. Evolution of central banking? De Nederlandsche Bank 1814-1852

    NARCIS (Netherlands)

    Uittenbogaard, R.A.

    2014-01-01

    Nowadays the role of central bank is unquestioned and nearly ubiquitous. But was this always the case? This thesis analyses how De Nederlandsche Bank (DNB) developed into a central bank during the first four decades of its existence. Its establishment in 1814 was the result of a combination of both

  1. Keeping Banking Competitive: Evaluating Proposed Bank Mergers and Acquisitions

    OpenAIRE

    Darwish, Nisreen

    2014-01-01

    All bank mergers and acquisitions (M&A) require the approval of regulators. This article describes the methods used by the Federal Reserve to evaluate whether a bank merger or acquisition is acceptable under federal antitrust laws and its Board of Governors’ bank competition policy.

  2. Online Frauds in Banks with Phishing

    Directory of Open Access Journals (Sweden)

    N. P. Singh

    2007-08-01

    Full Text Available Hi-tech fraudsters have urbanized a new way of tricking on line banking customers. One such most well known and fast growing technique is phishing. Latest in phishing is application of Trojan horse program. Trojan horse" program insinuates itself into a user's computer via an email and directs the user of the system to website which is exactly similar to financial institution web site. Crooks pick up passwords and account numbers as soon as customer logon to these sites. As it evident from table 1 phishing causes maximum loss to the customers/ institution in comparison to other similar techniques. Keeping in view, the serious threats of phishing attacks author analyzed the trends of major activities of the phishing across globe specifically in the banking sector. In addition, author analyzed the reasons for increase in fishng activities, types of phishing techniques, and process of phishing. Further author has presented recent cases of phishing specifically in banking/ financial sector. Towards the end it author has studied the measures to combat the fishing in online banking.

  3. NRAO Green Bank Telescope (GBT)

    Data.gov (United States)

    Federal Laboratory Consortium — The largest fully steerable telescope in the world - the Robert C. Byrd Green Bank Telescope, began observations in Green Bank, West Virginia in 2000and is a wonder...

  4. MODELS OF BANKING RISKS MANAGEMENT

    OpenAIRE

    Bente Corneliu Cristian

    2009-01-01

    Banking risks management as a fundamental element of banking management aims at diminishing as much as possible the negative impact of risk factors, at minimizing losses by expenditures cut-off and maximizing direct and transferred influxes, changing the

  5. Banking Scandals Force Governance Issue

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ The spate of recent scandals in the banking sector again raises the question of whether corporate governance in banks has been improved to a degree whereby ESOP is a correct and timely consideration.

  6. A Banking System in Transition

    Institute of Scientific and Technical Information of China (English)

    WANG; ZHIPENG

    2002-01-01

    THE four large state-owned commercial banks - the Industrial and Commercial Bank of China, the Bank of China, the Construction Bank of China, and the Agricultural Bank of China, constitute the backbone of the Chinese banking system. Owing to low efficiency, lack of capital, and a high rate of bad debts over time, however, the system was weak and ineffective. In order to redress the situation, late last century the Chinese government launched reforms to streamline these four commercial banks and their operations. The banks subsequently set up asset management companies to buy back and resolve non-performing assets. Their operational structure was also upgraded and optimized so as to improve management efficiency and economic performance.

  7. Bank service management in Ghana

    DEFF Research Database (Denmark)

    Kuada, John; Narteh, Bedman

    2011-01-01

    This article reports a study of the determinants of effective management of of retail banking services in Ghana......This article reports a study of the determinants of effective management of of retail banking services in Ghana...

  8. Chinese Commercial Banks Risk Management Practices: A Research in China Banking Risk Management

    OpenAIRE

    Wang, Xiaoling

    2006-01-01

    This dissertation uses a qualitative research approach, and examines the importance and its current situation of banks risk management in China banking. The commercial banking analysis covers China state-own commercial banks and joint-stock commercial banks as well as local city commercial banks, but mainly analysis stems from state-owned and joint-stock commercial banks, excluding foreign banks in China. In addition, this dissertation reveals that China Center Bank and China Bank Regulatory ...

  9. Inconsistent Regulators: Evidence From Banking

    OpenAIRE

    Sumit Agarwal; David Lucca; Amit Seru; Francesco Trebbi

    2012-01-01

    US state chartered commercial banks are supervised alternately by state and federal regulators. Each regulator supervises a given bank for a fixed time period according to a predetermined rotation schedule. We use unique data to examine differences between federal and state regulators for these banks. Federal regulators are significantly less lenient, downgrading supervisory ratings about twice as frequently as state supervisors. Under federal regulators, banks report higher nonperforming loa...

  10. Auditing and bank capital regulation

    OpenAIRE

    Edward Simpson Prescott

    2004-01-01

    Auditing is introduced into a model of bank capital regulation. Deterministic and stochastic auditing strategies are studied. Contrary to intuition, auditing of bank risk should be focused on the safest banks because they hold the least amount of capital. Risky banks, which hold more capital, need to be audited less. The importance of auditing by regulators and penalties for non-compliance are discussed in light of the Basel II capital regulation proposals. Emphasis is placed on the importanc...

  11. Scrum methodology in banking environment

    OpenAIRE

    Strihová, Barbora

    2015-01-01

    Bachelor thesis "Scrum methodology in banking environment" is focused on one of agile methodologies called Scrum and description of the methodology used in banking environment. Its main goal is to introduce the Scrum methodology and outline a real project placed in a bank focused on software development through a case study, address problems of the project, propose solutions of the addressed problems and identify anomalies of Scrum in software development constrained by the banking environmen...

  12. Banking Crises and Financial Integration

    OpenAIRE

    Caballero, Julian

    2012-01-01

    This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated loans. Specifically, the network statistics degree and betweenness are used to proxy for the de facto integration of the average bank in a country. The paper fits a count data model in the cross-section for...

  13. One Bank,Two Markets

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    The Agricultural Bank of China (ABC),the only non-listed bank among China’s"big four"state-owned commercial banks,is currently un- der the glare of the reform spotlight.This follows on the heals of Premier Wen Jiabao’s announcement during his government work report in March, that a shareholding system will be introduced in the bank and its role in serving agriculture,farmers and rural areas will remain unchanged.

  14. Innovative Secure Mobile Banking Services

    OpenAIRE

    Mousa T AL-Akhras; Rizik Al-Sayyed; Marwah Alian; Doaa Qwasmi

    2011-01-01

    Due to the widespread use of computer technologies in almost all aspects of life, organisations that are connected to the Internet started extending their services to their customers to include new applications and services that satisfy their customers’ desires to make better businesses. One of these emerging applications is mobile banking. The term mobile banking (or m-banking) describes the banking services that the user can perform via a mobile device ubiquitously at anytime and from anywh...

  15. Central Banking after the Crisis

    OpenAIRE

    Frederick S. Mishkin

    2013-01-01

    This paper explores where central banking is heading after the recent financial crisis. First it discusses the central bank consensus before the crisis and then outlines the key facts learned from the crisis that require changes in the way central banks conduct their business. Finally, it discusses four main areas in which central banks are altering their policy frameworks: 1) the interaction between monetary and financial stability policies, 2) nonconventional monetary policy, 3) risk manage...

  16. Aggregate Uncertainty, Money and Banking

    OpenAIRE

    Hongfei Sun

    2006-01-01

    This paper studies the problem of monitoring the monitor in a model of money and banking with aggregate uncertainty. It shows that when inside money is required as a means of bank loan repayment, a market of inside money is entailed at the repayment stage and generates information-revealing prices that perfectly discipline the bank. The incentive problem of a bank is costlessly overcome simply by involving inside money in repayment. Inside money distinguishes itself from outside money by its ...

  17. Career Concerns of Banking Analysts

    OpenAIRE

    Horton, Joanne; Serafeim, Georgios; Wu, Shan

    2015-01-01

    We study how career concerns influence banking analysts’ forecasts and how their forecasting behavior benefits both them and bank managers. We show that banking analysts issue early in the year relatively more optimistic and later in the year more pessimistic forecasts for banks that could be their future employers. This pattern is not observed when the same analysts forecast earnings of companies that are not likely to be their future employers. Moreover, we use the Global Settlement as an e...

  18. Internet Banking: Boon or Bane ?

    OpenAIRE

    Bala Shanmugam

    2004-01-01

    There is little doubt that the Internet has revolutionized the entire communication system. As much as banking involves communication in one way or the other, banks have joined the communication bandwagon. Having observed the astronomical growth rate and acknowledging the potential banks adapting and often adapting the Internet to suit their functions and roles. As in any new venture there are setbacks in terms of issue of security and associated costs. As a consequence banks are working towa...

  19. Credit risk in Egyptian banks

    OpenAIRE

    Abdou, Hussein

    2006-01-01

    This research aims to identify the currently used techniques in evaluating credit risk in Egypt’s banking sector, then to evaluate these techniques and to develop model(s) to evaluate credit risk in Egyptian banks. In a pilot study, the researcher conducted informal interviews with key personnel in three of the Egyptian banks, in order to evaluate credit risk policies. The pilot study showed that these banks do not use any of the statistical techniques in the evaluation pr...

  20. Traditional versus shadow banking

    OpenAIRE

    Bryan J. Noeth; Wolla, Scott A.

    2012-01-01

    Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In the first edition of the Page One Economics Newsletter, the role of traditional banking is outlined and a parallel system—shadow banking—is explored.

  1. How Banks Create Money.

    Science.gov (United States)

    Beale, Lyndi

    This teaching module explains how the U.S. banking system uses excess reserves to create money in the form of new deposits for borrowers. The module is part of a computer-animated series of four-to-five-minute modules illustrating standard concepts in high school economics. Although the module is designed to accompany the video program, it may be…

  2. Shadow banking in China

    OpenAIRE

    Li, Jianjun; Hsu, Sara

    2012-01-01

    This is an English summary of a 300-page report produced by Jianjun Li, Sara Hsu and Guangning Tian, “The Annual Report of China Shadow Banking System,” Project Sponsored by the National Natural Science Foundation of China, Project Number 71173246,

  3. Banking on Diversity

    Science.gov (United States)

    Roach, Ronald

    2010-01-01

    Few organizations have as racially and culturally diverse a work force as the organizations that make up the World Bank Group. Of its 13,000 employees, nearly 60 percent of whom are located in downtown Washington, D.C., and the rest scattered across 160 offices around the globe, nearly every nation in the world is represented in the World Bank…

  4. The Green Bank Telescope

    Science.gov (United States)

    Prestage, R. M.; Constantikes, K. T.; Hunter, T. R.; King, L. J.; Lacasse, R. J.; Lockman, F. J.; Norrod, R. D.

    2009-08-01

    The Robert C. Byrd Green Bank Telescope of the National Radio Astronomy Observatory is the world's premiere single-dish radio telescope operating at centimeter to long millimeter wavelengths. This paper describes the history, construction, and main technical features of the telescope.

  5. Bank Resolution in Europe

    DEFF Research Database (Denmark)

    Gordon, Jeffrey N.; Ringe, Georg

    This chapter argues that the work of the European Banking Union remains incomplete in one important respect, the structural re-organization of large European financial firms that would make “resolution” of a systemically important financial firm a credible alternative to bail-out or some other sort...

  6. Bank Resolution in Europe

    DEFF Research Database (Denmark)

    N. Gordon, Jeffery; Ringe, Georg

    2015-01-01

    This chapter argues that the work of the European Banking Union remains incomplete in one important respect, the structural re-organization of large European financial firms that would make “resolution” of a systemically important financial firm a credible alternative to bail-out or some other sort...

  7. Norges Bank Watch 2009

    OpenAIRE

    BERGMAN, MICHAEL; Juel, Steinar; Steigum, Erling, Jr

    2009-01-01

    This report evaluates the conduct of monetary policy in Norway in 2008. We will not discuss the institutional framework for monetary policy. The report offers, however, an evaluation of the new price index, CPIXE, which Norges Bank adopted in 2008 for measuring underlying inflation.

  8. UBS BANK INFORMATION

    CERN Multimedia

    UBS, CERN branch

    2002-01-01

    UBS SA, formerly Société de Banque Suisse (Swiss Bank Corporation), which has been providing banking services on the CERN site since 1954, is delighted to continue its financial partnership with the CERN personnel. Recent trends in payment methods - a decline in the use of cash combined with an increase in the use of 'virtual money', credit or payment cards and e-banking - have led UBS SA to place greater emphasis on customer services compared with conventional, over-the-counter transactions. Since our customers' banking habits have also changed, we will be implementing the following changes at our CERN offices: Building 500: conversion work will shortly be commencing to provide a comfortable and well-appointed customer services area offering, in particular, greater privacy, as well as two counters. Throughout the work, every measure will be taken to minimise inconvenience to our customers. Building 504: owing to the improvements to be made to our Building 500 premises, we will hencef...

  9. BANKING ETHICS IN THE FOREIGN DIRECT INVESTMENTS FROM ROMANIA

    Directory of Open Access Journals (Sweden)

    MEDAR LUCIAN-ION

    2011-09-01

    Full Text Available Capital account liberalization created premises and allow Romania for final exit from the financial crisis. Promoting direct investment in Romania can lead to sustainable economic growth, create new jobs and thus, by selling labor set up new forms of saving, which will support investments. Banking ethics elements behind the development of direct investments in Romania are legislation, regulation and behavior of participants. Amid an emerging economy rocked by the global financial crisis, capital account liberalization has allowed entry direct investment, but allowed and the capital flight. Respect for ethics in the business financial banking groups provide, at least, economic development and upgrading the infrastructure of Romania

  10. 77 FR 12584 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2012-03-01

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  11. 77 FR 56209 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2012-09-12

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  12. 78 FR 75349 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-12-11

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  13. 78 FR 42522 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-07-16

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  14. 76 FR 21367 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2011-04-15

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  15. 78 FR 50056 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-08-16

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  16. 77 FR 4560 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2012-01-30

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  17. 78 FR 24747 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-04-26

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  18. 78 FR 41063 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-07-09

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  19. 78 FR 3897 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-01-17

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...

  20. 78 FR 300 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

    Science.gov (United States)

    2013-01-03

    ... Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The...