WorldWideScience

Sample records for launch bank operations

  1. Quality function deployment in launch operations

    Science.gov (United States)

    Portanova, P. L.; Tomei, E. J., Jr.

    1990-11-01

    The goal of the Advanced Launch System (ALS) is a more efficient launch capability that provides a highly reliable and operable system at substantially lower cost than current launch systems. Total Quality Management (TQM) principles are being emphasized throughout the ALS program. A continuous improvement philosophy is directed toward satisfying users' and customer's requirements in terms of quality, performance, schedule, and cost. Quality Function Deployment (QFD) is interpreted as the voice of the customer (or user), and it is an important planning tool in translating these requirements throughout the whole process of design, development, manufacture, and operations. This report explores the application of QFD methodology to launch operations, including the modification and addition of events (operations planning) in the engineering development cycle, and presents an informal status of study results to date. QFD is a technique for systematically analyzing the customer's (Space Command) perceptions of what constitutes a highly reliable and operable system and functionally breaking down those attributes to identify the critical characteristics that determine an efficient launch system capability. In applying the principle of QFD, a series of matrices or charts are developed with emphasis on the one commonly known as the House of Quality (because of its roof-like format), which identifies and translates the most critical information.

  2. Operational Analysis in the Launch Environment

    Science.gov (United States)

    James, George; Kaouk, Mo; Cao, Tim; Fogt, Vince; Rocha, Rodney; Schultz, Ken; Tucker, Jon-Michael; Rayos, Eli; Bell,Jeff; Alldredge, David; Howsman, Tom

    2012-01-01

    The launch environment is a challenging regime to work due to changing system dynamics, changing environmental loading, joint compression loads that cannot be easily applied on the ground, and control effects. Operational testing is one of the few feasible approaches to capture system level dynamics since ground testing cannot reproduce all of these conditions easily. However, the most successful applications of Operational Modal Testing involve systems with good stationarity and long data acquisition times. This paper covers an ongoing effort to understand the launch environment and the utility of current operational modal tools. This work is expected to produce a collection of operational tools that can be applied to non-stationary launch environment, experience dealing with launch data, and an expanding database of flight parameters such as damping. This paper reports on recent efforts to build a software framework for the data processing utilizing existing and specialty tools; understand the limits of current tools; assess a wider variety of current tools; and expand the experience with additional datasets as well as to begin to address issues raised in earlier launch analysis studies.

  3. Characteristics of Managing Operational Banking Risk

    Directory of Open Access Journals (Sweden)

    Adela Socol

    2008-12-01

    Full Text Available The objective of this paper is to provide a global perspective of the operational risk from a banking societies’ viewpoint. We describe the main regulations and settlements in the field and examine the various approaches of the operational banking risk. The paper presents the need of banks to managing operational risk. We study comparatively for a banking society the capital charge for covering the operational risk under the basic indicator approach and under the standardized approach. We present a case study of implementing current capital requirements at the level of a Romanian banking society. From the theoretical approach and from the description of quantifying of operational banking risk, the results of this study insist on the importance of measuring of operational banking risk and identifies major issues that need to be considered to improve the managing operational banking risk.

  4. BANKING SYSTEM STABILITY: COMMERCIAL AND CO-OPERATIVE BANKS

    Directory of Open Access Journals (Sweden)

    Dumitru-Cristian OANEA

    2014-04-01

    Full Text Available Commercial banks and co-operative banks are credit institutions, but there are some differences between the main operations proceeded by each of them. Based on these specific characteristics, we want to identify the manner in which financial crisis affected their activity. As we all know, the financial crisis had a major impact in the United States, the “natal” country of the crisis, because great banks such as Lehman Brothers or Merrill Lynch have bankrupted. Even if the Romanian banking system was not affected by such catastrophic situations, surely the financial crisis had a significant impact on it. This topic is worth to be analysed, because we would be able to identify the risk differences between these two types of business: commercial banks versus co-operative banks.

  5. Operational risk and e-banking

    Directory of Open Access Journals (Sweden)

    Şerbu, R.

    2010-12-01

    Full Text Available Banking involves a variety of risks. Under Basel II, the main risks are the monitored credit risk, market risk and operational risk. Frequently, operational risks are underestimated, considering that they would not affect the optimal activity of a bank. However, past experience of some credit institutions have shown that operational risk is an important cause of financial losses in the banking sector. Operational risk is generated by a complex of factors that manifests primarily as a result of direct customer interaction with the credit institution. In this context, the provision of e-banking services reduces direct contact with bank customers and thus reduces potential losses arising from operational risk. In sum, we consider it necessary to be aware of the link between operational risk and e-banking services promoted by banks and of the importance of this connection especially in a financial environment affected by the financial crisis.

  6. Post-launch operations and data production

    Science.gov (United States)

    Beech, P.; Meyer, D.

    1990-01-01

    Postlaunch operations scheduled in connection with the October 5, 1990, launch of Space Shuttle Discovery with the Ulysses payload are detailed. A summary is presented of postlaunch events up to and including the separation of Ulysses from Discovery, providing a timeline for the upper-stage burn and spacecraft separation. A timeline is also provided for the payload switch-on. Initial in-orbit and routine operations are discussed and missions-operations organization, the data ground segment, and Ulysses data production are considered.

  7. Lunar launch and landing facilities and operations

    Science.gov (United States)

    1987-01-01

    The Florida Institute of Technology established an Interdisciplinary Design Team to design a lunar based facility whose primary function involves launch and landing operations for future moon missions. Both manned and unmanned flight operations were considered in the study with particular design emphasis on the utilization (or reutilization) of all materials available on the moon. This resource availability includes man-made materials which might arrive in the form of expendable landing vehicles as well as in situ lunar minerals. From an engineering standpoint, all such materials are considered as to their suitability for constructing new lunar facilities and/or repairing or expanding existing structures. Also considered in this design study was a determination of the feasibility of using naturally occurring lunar materials to provide fuel components to support lunar launch operations. Conventional launch and landing operations similar to those used during the Apollo Program were investigated as well as less conventional techniques such as rail guns and electromagnetic mass drivers. The Advanced Space Design team consisted of students majoring in Physics and Space Science as well as Electrical, Mechanical, Chemical and Ocean Engineering.

  8. 12 CFR 211.22 - Interstate banking operations of foreign banking organizations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Interstate banking operations of foreign banking organizations. 211.22 Section 211.22 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INTERNATIONAL BANKING OPERATIONS (REGULATION K) Foreign Banking...

  9. NASA Space Launch System Operations Strategy

    Science.gov (United States)

    Singer, Joan A.; Cook, Jerry R.

    2012-01-01

    The National Aeronautics and Space Administration's (NASA) Space Launch System (SLS) Program, managed at the Marshall Space Flight Center, is charged with delivering a new capability for human and scientific exploration beyond Earth orbit. The SLS also will provide backup crew and cargo services to the International Space Station, where astronauts have been training for long-duration voyages to destinations such as asteroids and Mars. For context, the SLS will be larger than the Saturn V, providing 10 percent more thrust at liftoff in its initial 70 metric ton (t) configuration and 20 percent more in its evolved 130 t configuration. The SLS Program knows that affordability is the key to sustainability. This paper will provide an overview of its operations strategy, which includes initiatives to reduce both development and fixed costs by using existing hardware and infrastructure assets to meet a first launch by 2017 within the projected budget. It also has a long-range plan to keep the budget flat using competitively selected advanced technologies that offer appropriate return on investment. To arrive at the launch vehicle concept, the SLS Program conducted internal engineering and business studies that have been externally validated by industry and reviewed by independent assessment panels. A series of design reference missions has informed the SLS operations concept, including launching the Orion Multi-Purpose Crew Vehicle on an autonomous demonstration mission in a lunar flyby scenario in 2017, and the first flight of a crew on Orion for a lunar flyby in 2021. Additional concepts address the processing of very large payloads, using a series of modular fairings and adapters to flexibly configure the rocket for the mission. This paper will describe how the SLS, Orion, and 21st Century Ground Systems programs are working together to create streamlined, affordable operations for sustainable exploration.

  10. Business Intelligence Modeling in Launch Operations

    Science.gov (United States)

    Bardina, Jorge E.; Thirumalainambi, Rajkumar; Davis, Rodney D.

    2005-01-01

    This technology project is to advance an integrated Planning and Management Simulation Model for evaluation of risks, costs, and reliability of launch systems from Earth to Orbit for Space Exploration. The approach builds on research done in the NASA ARC/KSC developed Virtual Test Bed (VTB) to integrate architectural, operations process, and mission simulations for the purpose of evaluating enterprise level strategies to reduce cost, improve systems operability, and reduce mission risks. The objectives are to understand the interdependency of architecture and process on recurring launch cost of operations, provide management a tool for assessing systems safety and dependability versus cost, and leverage lessons learned and empirical models from Shuttle and International Space Station to validate models applied to Exploration. The systems-of-systems concept is built to balance the conflicting objectives of safety, reliability, and process strategy in order to achieve long term sustainability. A planning and analysis test bed is needed for evaluation of enterprise level options and strategies for transit and launch systems as well as surface and orbital systems. This environment can also support agency simulation .based acquisition process objectives. The technology development approach is based on the collaborative effort set forth in the VTB's integrating operations. process models, systems and environment models, and cost models as a comprehensive disciplined enterprise analysis environment. Significant emphasis is being placed on adapting root cause from existing Shuttle operations to exploration. Technical challenges include cost model validation, integration of parametric models with discrete event process and systems simulations. and large-scale simulation integration. The enterprise architecture is required for coherent integration of systems models. It will also require a plan for evolution over the life of the program. The proposed technology will produce

  11. Business intelligence modeling in launch operations

    Science.gov (United States)

    Bardina, Jorge E.; Thirumalainambi, Rajkumar; Davis, Rodney D.

    2005-05-01

    The future of business intelligence in space exploration will focus on the intelligent system-of-systems real-time enterprise. In present business intelligence, a number of technologies that are most relevant to space exploration are experiencing the greatest change. Emerging patterns of set of processes rather than organizational units leading to end-to-end automation is becoming a major objective of enterprise information technology. The cost element is a leading factor of future exploration systems. This technology project is to advance an integrated Planning and Management Simulation Model for evaluation of risks, costs, and reliability of launch systems from Earth to Orbit for Space Exploration. The approach builds on research done in the NASA ARC/KSC developed Virtual Test Bed (VTB) to integrate architectural, operations process, and mission simulations for the purpose of evaluating enterprise level strategies to reduce cost, improve systems operability, and reduce mission risks. The objectives are to understand the interdependency of architecture and process on recurring launch cost of operations, provide management a tool for assessing systems safety and dependability versus cost, and leverage lessons learned and empirical models from Shuttle and International Space Station to validate models applied to Exploration. The systems-of-systems concept is built to balance the conflicting objectives of safety, reliability, and process strategy in order to achieve long term sustainability. A planning and analysis test bed is needed for evaluation of enterprise level options and strategies for transit and launch systems as well as surface and orbital systems. This environment can also support agency simulation based acquisition process objectives. The technology development approach is based on the collaborative effort set forth in the VTB's integrating operations, process models, systems and environment models, and cost models as a comprehensive disciplined

  12. Ground Operations Aerospace Language (GOAL). Volume 3: Data bank

    Science.gov (United States)

    1973-01-01

    The GOAL (Ground Operations Aerospace Language) test programming language was developed for use in ground checkout operations in a space vehicle launch environment. To insure compatibility with a maximum number of applications, a systematic and error-free method of referencing command/response (analog and digital) hardware measurements is a principle feature of the language. Central to the concept of requiring the test language to be independent of launch complex equipment and terminology is that of addressing measurements via symbolic names that have meaning directly in the hardware units being tested. To form the link from test program through test system interfaces to the units being tested the concept of a data bank has been introduced. The data bank is actually a large cross-reference table that provides pertinent hardware data such as interface unit addresses, data bus routings, or any other system values required to locate and access measurements.

  13. Optimization of the bank's operating portfolio

    Science.gov (United States)

    Borodachev, S. M.; Medvedev, M. A.

    2016-06-01

    The theory of efficient portfolios developed by Markowitz is used to optimize the structure of the types of financial operations of a bank (bank portfolio) in order to increase the profit and reduce the risk. The focus of this paper is to check the stability of the model to errors in the original data.

  14. REPUTATIONAL AND OPERATIONAL RISKS IN EUROPEAN BANKS

    Directory of Open Access Journals (Sweden)

    Roxana HERGHILIGIU

    2014-06-01

    Full Text Available In the past 20 years operational and reputational risk has become more intriguing due to the public scandals of rogue tranding in banks like Barings Bank, Allied Irish Banks, Enron. The purpose of this study is to find the connections between operational risk and reputational risk. Our research shows that there may be a loss of reputation due to operational loss events. Moreover, every type of operational risk, from internal fraud, external fraud, legal and liability losses, processing errors, information security breaches, inappropriate business practice, physical security breaches conduct to a loss of reputation. The limitations of this paper are represented by the fact that do not have enough data to show the real impact of the reputation risk to the financial results of the European Banks.

  15. Distributed Web-Based Expert System for Launch Operations

    Science.gov (United States)

    Bardina, Jorge E.; Thirumalainambi, Rajkumar

    2005-01-01

    The simulation and modeling of launch operations is based on a representation of the organization of the operations suitable to experiment of the physical, procedural, software, hardware and psychological aspects of space flight operations. The virtual test bed consists of a weather expert system to advice on the effect of weather to the launch operations. It also simulates toxic gas dispersion model, and the risk impact on human health. Since all modeling and simulation is based on the internet, it could reduce the cost of operations of launch and range safety by conducting extensive research before a particular launch. Each model has an independent decision making module to derive the best decision for launch.

  16. INSURANCE OF BANKING OPERATIONAL RISK

    Directory of Open Access Journals (Sweden)

    Bente Corneliu Cristian

    2010-07-01

    Full Text Available The current financial crisis is not a singular event in the history of crisis episodes. The essential difference between past episodes of financial turmoil and the actual crisis is the unprecedented severity, the pace of contagion and its global size. Financial markets have been seriously disturbed, threatening the robustness of financial institutions and their ability to meet current needs to properly manage the risk. One such risk is operational risk, which has become an important source of loss for credit institutions. In this context, the main purpose of this study is to present the best techniques and methods of managing this risk, less addressed problem in the literature from our country.

  17. Integrated Launch Operations Applications Remote Display Developer

    Science.gov (United States)

    Flemming, Cedric M., II

    2014-01-01

    This internship provides the opportunity to support the creation and use of Firing Room Displays and Firing Room Applications that use an abstraction layer called the Application Control Language (ACL). Required training included video watching, reading assignments, face-to-face instruction and job shadowing other Firing Room software developers as they completed their daily duties. During the training period various computer and access rights needed for creating the applications were obtained. The specific ground subsystems supported are the Cryogenics Subsystems, Liquid Hydrogen (LH2) and Liquid Oxygen (LO2). The cryogenics team is given the task of finding the best way to handle these very volatile liquids that are used to fuel the Space Launch System (SLS) and the Orion flight vehicles safely.

  18. Modeling and Simulation of Shuttle Launch and Range Operations

    Science.gov (United States)

    Bardina, Jorge; Thirumalainambi, Rajkumar

    2004-01-01

    The simulation and modeling test bed is based on a mockup of a space flight operations control suitable to experiment physical, procedural, software, hardware and psychological aspects of space flight operations. The test bed consists of a weather expert system to advise on the effect of weather to the launch operations. It also simulates toxic gas dispersion model, impact of human health risk, debris dispersion model in 3D visualization. Since all modeling and simulation is based on the internet, it could reduce the cost of operations of launch and range safety by conducting extensive research before a particular launch. Each model has an independent decision making module to derive the best decision for launch.

  19. Interest rate and commercial banks' lending operations in Nigeria: A ...

    African Journals Online (AJOL)

    Interest rate and commercial banks' lending operations in Nigeria: A structural break analysis using chow test. ... Open Access DOWNLOAD FULL TEXT ... enhance commercial bank operations resulting in a more competitive financial market ...

  20. Central bank operating frameworks and collateral markets

    OpenAIRE

    Bank for International Settlements

    2015-01-01

    Collateral markets have become increasingly important as demand for collateral assets has increased in recent years, driven by changing market practices and an evolving regulatory landscape. This report explores whether and how the design of central banks' operational frameworks influences private collateral markets, including collateral availability, pricing, related market practices, and market performance under stress. It studies these issues by reviewing available information from a range...

  1. APPROOCH TO OPERATIONAL RISK IN FINANCIAL BANKING MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Poliana Alexandra Iovicescu

    2012-01-01

    Full Text Available Bank operational risk is a fact of modern banking, and the right approach to this risk is a prerequisite for a more efficient financial banking management. Each banking company according to regulations set by the Central Bank of Romania (BNR and by Basel Agreement II is forced to determine the necessary capital which would cover operational risk.This effective management of operational risk requires in fact, at the level of the banking system, the development of certain methods and mechanisms which diminish the negative effects which cause events determining operations risk

  2. Launch Processing System operations with a future look to Operations Analyst (OPERA)

    Science.gov (United States)

    Heard, Astrid E.

    1987-01-01

    The Launch Processing System architecture and the ground support operations required to provide Shuttle System engineers with the capability to safely process and launch an Orbiter are described. The described ground operations are the culmination of eleven years of experience and redesign. Some of the 'lessons learned' are examined, and problem areas which ground support operations have identified over the years as the Shuttle and Launch Processing Systems continue to grow in complexity are discussed. The Operational Analyst for Distributed Systems (OPERA), a proposed set of expert systems for the Launch Processing System Operational assistance, is discussed along with its extensions to prospective future configurations and components for the Launch Processing System.

  3. Launch Processing System operations with a future look to Operations Analyst (OPERA)

    Science.gov (United States)

    Heard, Astrid E.

    1987-01-01

    The Launch Processing System architecture and the ground support operations required to provide Shuttle System engineers with the capability to safely process and launch an Orbiter are described. The described ground operations are the culmination of eleven years of experience and redesign. Some of the 'lessons learned' are examined, and problem areas which ground support operations have identified over the years as the Shuttle and Launch Processing Systems continue to grow in complexity are discussed. The Operational Analyst for Distributed Systems (OPERA), a proposed set of expert systems for the Launch Processing System Operational assistance, is discussed along with its extensions to prospective future configurations and components for the Launch Processing System.

  4. Intelligent launch and range operations virtual testbed (ILRO-VTB)

    Science.gov (United States)

    Bardina, Jorge; Rajkumar, Thirumalainambi

    2003-09-01

    Intelligent Launch and Range Operations Virtual Test Bed (ILRO-VTB) is a real-time web-based command and control, communication, and intelligent simulation environment of ground-vehicle, launch and range operation activities. ILRO-VTB consists of a variety of simulation models combined with commercial and indigenous software developments (NASA Ames). It creates a hybrid software/hardware environment suitable for testing various integrated control system components of launch and range. The dynamic interactions of the integrated simulated control systems are not well understood. Insight into such systems can only be achieved through simulation/emulation. For that reason, NASA has established a VTB where we can learn the actual control and dynamics of designs for future space programs, including testing and performance evaluation. The current implementation of the VTB simulates the operations of a sub-orbital vehicle of mission, control, ground-vehicle engineering, launch and range operations. The present development of the test bed simulates the operations of Space Shuttle Vehicle (SSV) at NASA Kennedy Space Center. The test bed supports a wide variety of shuttle missions with ancillary modeling capabilities like weather forecasting, lightning tracker, toxic gas dispersion model, debris dispersion model, telemetry, trajectory modeling, ground operations, payload models and etc. To achieve the simulations, all models are linked using Common Object Request Broker Architecture (CORBA). The test bed provides opportunities for government, universities, researchers and industries to do a real time of shuttle launch in cyber space.

  5. Launch and Landing Effects Ground Operations (LLEGO) Model

    Science.gov (United States)

    2008-01-01

    LLEGO is a model for understanding recurring launch and landing operations costs at Kennedy Space Center for human space flight. Launch and landing operations are often referred to as ground processing, or ground operations. Currently, this function is specific to the ground operations for the Space Shuttle Space Transportation System within the Space Shuttle Program. The Constellation system to follow the Space Shuttle consists of the crewed Orion spacecraft atop an Ares I launch vehicle and the uncrewed Ares V cargo launch vehicle. The Constellation flight and ground systems build upon many elements of the existing Shuttle flight and ground hardware, as well as upon existing organizations and processes. In turn, the LLEGO model builds upon past ground operations research, modeling, data, and experience in estimating for future programs. Rather than to simply provide estimates, the LLEGO model s main purpose is to improve expenses by relating complex relationships among functions (ground operations contractor, subcontractors, civil service technical, center management, operations, etc.) to tangible drivers. Drivers include flight system complexity and reliability, as well as operations and supply chain management processes and technology. Together these factors define the operability and potential improvements for any future system, from the most direct to the least direct expenses.

  6. POST-LAUNCHING MONITORING ACTIVITIES FOR NEW TRANSACTIONAL BANKING PRODUCTS ADDRESSED TO SMES (CONSIDERATIONS

    Directory of Open Access Journals (Sweden)

    Giuca Simona-Mihaela

    2014-07-01

    Full Text Available The current paper has the aim to provide guidelines for post-launching monitoring activities and steps related to new transactional banking products addressed to SMEs. While the pre-launching activities have the purpose of accurately defining the objectives, assumptions and estimations, the purpose of the post-launching plan is to identify: if the final objectives of a product launching have been met, on one hand, to analyze results in the sense of identifying an efficient action plan in order to overcome the lack of results (if case, but most important, to identify opportunities for optimizing the products and for communicating properly the value proposition. This paper also presents schemes for monitoring the results from a business case and for motivating the sales force, as an essential step in increasing the sales. Therefore, alternatives of incentive campaigns are presented, as sustainable campaigns with to purpose to achieve an expected success rate. As an additional support guideline for the sales force, some scenarios and post-sales actions are presented, together with an example of portfolio analysis considering potential per client. Considering the methods and details presented in the current paper, one can identify the importance and find out how to monitor the results after launching a new transactional product addressed to SMEs, can understand and design an incentive scheme and also define actions to be taken in order to increase revenues from a newly launched transactional product.

  7. 46 CFR 112.43-11 - Illumination for launching operations.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 4 2010-10-01 2010-10-01 false Illumination for launching operations. 112.43-11 Section 112.43-11 Shipping COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED) ELECTRICAL ENGINEERING EMERGENCY LIGHTING AND POWER SYSTEMS Emergency Lighting Systems § 112.43-11 Illumination for...

  8. Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene?

    OpenAIRE

    International Monetary Fund

    1997-01-01

    A central bank must decide on the frequency with which it will conduct open market operations and the variability in short-term money market that it will allow. The paper shows how the optimal operating procedure balances the value of attaining an immediate target and broadcasting the central bank's intentions against the informational advantages to the central bank of allowing the free play of market forces to reveal more of the information available to market participants.

  9. Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene?

    OpenAIRE

    International Monetary Fund

    1997-01-01

    A central bank must decide on the frequency with which it will conduct open market operations and the variability in short-term money market that it will allow. The paper shows how the optimal operating procedure balances the value of attaining an immediate target and broadcasting the central bank's intentions against the informational advantages to the central bank of allowing the free play of market forces to reveal more of the information available to market participants.

  10. Decision Support Systems for Launch and Range Operations Using Jess

    Science.gov (United States)

    Thirumalainambi, Rajkumar

    2007-01-01

    The virtual test bed for launch and range operations developed at NASA Ames Research Center consists of various independent expert systems advising on weather effects, toxic gas dispersions and human health risk assessment during space-flight operations. An individual dedicated server supports each expert system and the master system gather information from the dedicated servers to support the launch decision-making process. Since the test bed is based on the web system, reducing network traffic and optimizing the knowledge base is critical to its success of real-time or near real-time operations. Jess, a fast rule engine and powerful scripting environment developed at Sandia National Laboratory has been adopted to build the expert systems providing robustness and scalability. Jess also supports XML representation of knowledge base with forward and backward chaining inference mechanism. Facts added - to working memory during run-time operations facilitates analyses of multiple scenarios. Knowledge base can be distributed with one inference engine performing the inference process. This paper discusses details of the knowledge base and inference engine using Jess for a launch and range virtual test bed.

  11. OPERATIONAL BANKING RISK MANAGEMENT – RESEARCH PERFORMED AT THE ROMANIAN COMMERCIAL BANK

    Directory of Open Access Journals (Sweden)

    Matis Eugenia - Ana

    2009-05-01

    Full Text Available The main objective of this research is to provide a detailed perspective of the operational risk in the case of commercial bank. The research is based on the main regulations and procedures in the field of the operational banking risk, and it presents the

  12. Sentinel-1A - Launching the first satellite and launching the operational Copernicus programme

    Science.gov (United States)

    Aschbacher, Josef; Milagro Perez, Maria Pilar

    2014-05-01

    The first Copernicus satellite, Sentinel-1A, is prepared for launch in April 2014. It will provide continuous, systematic and highly reliable radar images of the Earth. Sentinel-1B will follow around 18 months later to increase observation frequency and establish an operational system. Sentinel-1 is designed to work in a pre-programmed conflict-free operation mode ensuring the reliability required by operational services and creating a consistent long-term data archive for applications based on long time series. This mission will ensure the continuation and improvement of SAR operational services and applications addressing primarily medium- to high-resolution applications through a main mode of operation that features both a wide swath (250 km) and high geometric (5 × 20 m) and radiometric resolution, allowing imaging of global landmasses, coastal zones, sea ice, polar areas, and shipping routes at high resolution. The Sentinel-1 main operational mode (Interferometric Wide Swath) will allow to have a complete coverage of the Earth in 6 days in the operational configuration when the two Sentinel-1 spacecraft will be in orbit simultaneously. High priority areas like Europe, Canada and some shipping routes will be covered almost daily. This high global observation frequency is unprecedented and cannot be reached with any other current radar mission. Envisat, for example, which was the 'workhorse' in this domain up to April 2012, reached global coverage every 35 days. Sentinel-1 data products will be made available systematically and free of charge to all users including institutional users, the general public, scientific and commercial users. The transition of the Copernicus programme from the development to operational phase will take place at about the same time when the first Sentinel-1 satellite will be launched. During the operational phase, funding of the programme will come from the European Union Multiannual Financial Framework (MFF) for the years 2014

  13. The Triangle of the Space Launch System Operations

    Science.gov (United States)

    Fayolle, Eric

    2010-09-01

    Firemen know it as “fire triangle”, mathematicians know it as “golden triangle”, sailormen know it as “Bermuda triangle”, politicians know it as “Weimar triangle”… This article aims to present a new aspect of that shape geometry in the space launch system world: “the triangle of the space launch system operations”. This triangle is composed of these three following topics, which have to be taken into account for any space launch system operation processing: design, safety and operational use. Design performance is of course taking into account since the early preliminary phase of a system development. This design performance is matured all along the development phases, thanks to consecutives iterations in order to respect the financial and timing constraints imposed to the development of the system. This process leads to a detailed and precise design to assess the required performance. Then, the operational use phase brings its batch of constraints during the use of the system. This phase is conducted by specific procedures for each operation. Each procedure has sequences for each sub-system, which have to be conducted in a very precise chronological way. These procedures can be processed by automatic way or manual way, with the necessity or not of the implication of operators, and in a determined environment. Safeguard aims to verify the respect of the specific constraints imposed to guarantee the safety of persons and property, the protection of public health and the environment. Safeguard has to be taken into account above the operational constraints of any space operation, without forgetting the highest safety level for the operators of the space operation, and of course without damaging the facilities or without disturbing the external environment. All space operations are the result of a “win-win” compromise between these three topics. Contrary to the fire triangle where one of the topics has to be suppressed in order to avoid the

  14. ARAC's operational support of the Cassini Launch

    Energy Technology Data Exchange (ETDEWEB)

    Baskett, R L; Pace, J C

    1998-10-01

    The Atmospheric Release Advisory Capability (ARAC) program at the Lawrence Livermore National Laboratory (LLNL) was the U.S. Department of Energy atmospheric modeling resource used for the contingency of potential radiological releases during the launch of the Cassini mission. The ARAC Center at LLNL forecasted detailed weather conditions and delivered consequence assessments for potential accident scenarios to NASA before and during launch operations. A key aspect of ARAC's support was to acquire a variety of meteorological data for use in both forecast and real-time model calculations. ARAC acquired electronically two types of real-time observed meteorological data: 1) the full set of on-site towers and profilers via the Cape Canaveral Air Station (CCAS) Meteorological Interactive Data Display System (MIDDS), and 2) routine regional airport observations (delivered to the ARAC Center from the Air Force Weather Agency). We also used two forecasted data sources: 1) the U.S. Air Force 45th Weather Squadron at CCAS forecasted soundings for launch time, and 2) the Navy Operational Regional Atmospheric Prediction System (NORAPS) prognostic model which ARAC ran over the Cape. The NORAPS runs produced detailed 24-hr forecasts of 3-D wind fields. ARAC used default radiological accident source terms involving the potential destruction of Cassini's Radioisotope Thermoelectric Generators (RTGs) during 3 phases: 1) before the launch, 2) during the first S set after ignition, and 3) from 5 to 143 set after ignition. ARAC successfully developed and delivered dose and deposition plots at 24 hours, 3 hours, and 30 minutes before each of the lau

  15. Launch processing system operations with a future look to operations analyst (OPERA)

    Science.gov (United States)

    Heard, Astrid E.

    The launch processing system at Kennedy Space Center is used to process a Shuttle vehicle from its initial arrival in an Orbiter processing facility to a launch pad. This paper describes the launch processing system architecture and the ground support operations required to provide Shuttle system engineers with the capability to safely process and launch an Orbiter. The described ground operations are the culmination of 11 years of experience and redesign. In this paper, I examine some of the "lessons learned" and discuss problem areas which ground support operations have identified over the years as the Shuttle and launch processing systems continue to grow in complexity. As we strive to maintain the efficient level of support currently provided, some benefits have been gained through standard information management and automation techniques. However, problems requiring complex correlational analyses of information have defied resolution until artificial intelligence research developed expert system applications technology. The operational analyst for distributed systems (OPERA), a proposed set of expert systems for launch processing system operational assistance, is discussed along with its extensions to prospective future configurations and components for the launch processing system.

  16. Decision Facilitator for Launch Operations using Intelligent Agents

    Science.gov (United States)

    Thirumalainambi, Rajkumar; Bardina, Jorge

    2005-01-01

    Launch operations require millions of micro-decisions which contribute to the macro decision of 'Go/No-Go' for a launch. Knowledge workers"(such as managers and technical professionals) need information in a timely precise manner as it can greatly affect mission success. The intelligent agent (web search agent) uses the words of a hypertext markup language document which is connected through the internet. The intelligent agent's actions are to determine if its goal of seeking a website containing a specified target (e.g., keyword or phrase), has been met. There are few parameters that should be defined for the keyword search like "Go" and "No-Go". Instead of visiting launch and range decision making servers individually, the decision facilitator constantly connects to all servers, accumulating decisions so the final decision can be decided in a timely manner. The facilitator agent uses the singleton design pattern, which ensures that only a single instance of the facilitator agent exists at one time. Negotiations could proceed between many agents resulting in a final decision. This paper describes details of intelligent agents and their interaction to derive an unified decision support system.

  17. [Characteristics of the Chinese human milk banks' operation].

    Science.gov (United States)

    2017-08-02

    Objective: To assess the operation status of human milk banks in the mainland of China. Method: This retrospective study included a consecutive series of 14 human milk banks in the mainland of China from March 2013 to December 2016. The opened date, condition of donated breast milk, characteristics of donors and clinical application of donated breast milk were analyzed. Result: There were 14 human milk banks successively founded in mainland China from March 2013 to December 2016. The number of human milk banks, the amount of donated breast milk, the number of eligible donors and the times of donation had increased each year. Howere, the operation status among these milk banks varied greatly. Among them, one human milk bank has newly opened without relevant data, 6 banks could accept frozen breast milk, and the remaining 7 banks could only collect breast milk by the nurses in the bank. Among the 3 121 eligible donors, 1 404 (45.0%) donated less than 3 times, 2 553 (81.8%) aged 25 to 35 years, 2 828 (90.6%) had term delivery, 2 409 (77.2%) began donation one month after birth, 1 798 (57.6%) were company employees and housewives and 1 891 (60.6%) had bachelor or higher degree. The use of donor breast milk, the number of recipients and the average received amount of breast milk every person varied greatly among these banks. Conclusion: The human milk banking developed quickly in the mainland of China. Howere, the number of donors and the amount of donated breast milk which could not meet the clinical demands should be improved. And it was urgent to establish the standards or guidelines of the human milk banking as soon as possible in China.

  18. Market operations and liquidity provision at the Bank of Canada

    National Research Council Canada - National Science Library

    Guzman, Mark de

    2016-01-01

    ... of Canada's financial system. To achieve its monetary policy and financial stability objectives, the Bank has established a clear framework to guide its financial market operations, support the provision of routine liquidity...

  19. An International Survey of Brain Banking Operation and Characterization Practices.

    Science.gov (United States)

    Palmer-Aronsten, Beatrix; Sheedy, Donna; McCrossin, Toni; Kril, Jillian

    2016-12-01

    Brain banks continue to make a major contribution to the study of neurological and psychiatric disorders. The current complexity and scope of research heighten the need for well-characterized cases and the demand for larger cohorts and necessitate strategies, such as the establishment of bank networks based in regional areas. While individual brain banks have developed protocols that meet researchers' needs within the confines of resources and funding, to further promote collaboration, standardization and scientific validity and understanding of the current protocols of participating banks are required. A survey was sent to brain banks, identified by an Internet search, to investigate operational protocols, case characterization, cohort management, data collection, standardization, and degree of collaboration between banks. The majority of the 24 banks that returned the survey have been established for more than 20 years, and most are affiliated with a regional network. While prospective donor programs were the primary source of donation, the data collected on donors varied. Longitudinal information assists case characterization and enhances the analysis capabilities of research. However, acquiring this information depended on the availability of qualified staff. Respondents indicated a high level of importance for standardization, but only 8 of 24 considered this occurred between banks. Standard diagnostic criteria were not achieved in the classification of controls, and some banks relied on the researcher to indicate the criteria for classification of controls. Although the capacity to collaborate with other banks was indicated by 16 of 24 banks, this occurred infrequently. Engagement of all brain banks to participate toward a consensus of diagnostic tools, especially for controls, will strengthen collaboration.

  20. Near-Optimal Operation of Dual-Fuel Launch Vehicles

    Science.gov (United States)

    Ardema, M. D.; Chou, H. C.; Bowles, J. V.

    1996-01-01

    A near-optimal guidance law for the ascent trajectory from earth surface to earth orbit of a fully reusable single-stage-to-orbit pure rocket launch vehicle is derived. Of interest are both the optimal operation of the propulsion system and the optimal flight path. A methodology is developed to investigate the optimal throttle switching of dual-fuel engines. The method is based on selecting propulsion system modes and parameters that maximize a certain performance function. This function is derived from consideration of the energy-state model of the aircraft equations of motion. Because the density of liquid hydrogen is relatively low, the sensitivity of perturbations in volume need to be taken into consideration as well as weight sensitivity. The cost functional is a weighted sum of fuel mass and volume; the weighting factor is chosen to minimize vehicle empty weight for a given payload mass and volume in orbit.

  1. Mobile operators as banks or vice-versa? and: the challenges of Mobile channels for banks

    NARCIS (Netherlands)

    L-F. Pau (Louis-François)

    2004-01-01

    textabstractThis short paper addresses the strategic challenges of deposit banks, and payment clearinghouses, posed by the growing role of mobile operators as collectors and payment agents of flow of cash for themselves and third parties. Through analysis and data analysis from selected operators ,

  2. Real Interest Rates and Central Bank Operating Procedures

    OpenAIRE

    Matthew B. Canzoneri; Dellas, Harris

    1995-01-01

    In the years following the influential article of Poole (1970), many central banks reoriented their operating procedures to focus more on interest rates and less on monetary aggregates. The rapid restructuring of global financial markets was thought to have led to instability in standard monetary relationships, and Poole's basic insight suggested that a central bank would have better control of the price level if it targeted nominal interest rates instead of monetary aggregates. At the same t...

  3. Rockot Launch Vehicle Commercial Operations for Grace and Iridium Program

    Science.gov (United States)

    Viertel, Y.; Kinnersley, M.; Schumacher, I.

    2002-01-01

    The GRACE mission and the IRIDIUM mission on ROCKOT launch vehicle are presented. Two identical GRACE satellites to measure in tandem the gravitational field of the earth with previously unattainable accuracy - it's called the Gravity Research and Climate Experiment, or and is a joint project of the U.S. space agency, NASA and the German Centre for Aeronautics and Space Flight, DLR. In order to send the GRACE twins into a 500x500 km , 89deg. orbit, the Rockot launch vehicle was selected. A dual launch of two Iridium satellites was scheduled for June 2002 using the ROCKOT launch vehicle from Plesetsk Cosmodrome in Northern Russia. This launch will inject two replacement satellites into a low earth orbit (LEO) to support the maintenance of the Iridium constellation. In September 2001, Eurockot successfully carried out a "Pathfinder Campaign" to simulate the entire Iridium mission cycle at Plesetsk. The campaign comprised the transport of simulators and related equipment to the Russian port-of-entry and launch site and also included the integration and encapsulation of the simulators with the actual Rockot launch vehicle at Eurockot's dedicated launch facilities at Plesetsk Cosmodrome. The pathfinder campaign lasted four weeks and was carried out by a joint team that also included Khrunichev, Russian Space Forces and Eurockot personnel on the contractors' side. The pathfinder mission confirmed the capability of Eurockot Launch Services to perform the Iridium launch on cost and on schedule at Plesetsk following Eurockot's major investment in international standard preparation, integration and launch facilities including customer facilities and a new hotel. In 2003, Eurockot will also launch the Japanese SERVI'S-1 satellite for USEF. The ROCKOT launch vehicle is a 3 stage liquid fuel rocket whose first 2 stages have been adapted from the Russian SS-19. A third stage, called "Breeze", can be repeatedly ignited and is extraordinarily capable of manoeuvre. Rockot can place

  4. Anomaly Detection for Next-Generation Space Launch Ground Operations

    Science.gov (United States)

    Spirkovska, Lilly; Iverson, David L.; Hall, David R.; Taylor, William M.; Patterson-Hine, Ann; Brown, Barbara; Ferrell, Bob A.; Waterman, Robert D.

    2010-01-01

    NASA is developing new capabilities that will enable future human exploration missions while reducing mission risk and cost. The Fault Detection, Isolation, and Recovery (FDIR) project aims to demonstrate the utility of integrated vehicle health management (IVHM) tools in the domain of ground support equipment (GSE) to be used for the next generation launch vehicles. In addition to demonstrating the utility of IVHM tools for GSE, FDIR aims to mature promising tools for use on future missions and document the level of effort - and hence cost - required to implement an application with each selected tool. One of the FDIR capabilities is anomaly detection, i.e., detecting off-nominal behavior. The tool we selected for this task uses a data-driven approach. Unlike rule-based and model-based systems that require manual extraction of system knowledge, data-driven systems take a radically different approach to reasoning. At the basic level, they start with data that represent nominal functioning of the system and automatically learn expected system behavior. The behavior is encoded in a knowledge base that represents "in-family" system operations. During real-time system monitoring or during post-flight analysis, incoming data is compared to that nominal system operating behavior knowledge base; a distance representing deviation from nominal is computed, providing a measure of how far "out of family" current behavior is. We describe the selected tool for FDIR anomaly detection - Inductive Monitoring System (IMS), how it fits into the FDIR architecture, the operations concept for the GSE anomaly monitoring, and some preliminary results of applying IMS to a Space Shuttle GSE anomaly.

  5. Bank branch operating efficiency: evaluation with data envelopment analysis

    Directory of Open Access Journals (Sweden)

    Roozbeh Talebi Zarinkamar

    2014-10-01

    Full Text Available Measuring the relative efficiency of similar units has been a popular research especially when the units were mostly non-financial. Even, similar financial units may not be necessarily evaluated based on traditional financial figures such as return of equities, return of assets, etc. In this paper, we present an empirical investigation to measure the relative efficiency of 30 branches of an Iranian bank named Bank Mellat. The study considers four inputs including operating expenses, interest paid, capital expenditures and fixed assets. In addition, we use customers’ bank deposit, commissions and loans paid as output parameters. Using three different data envelopment analyses, the study measures the relative efficiencies of all units. The preliminary results indicate that most banks were working under desirable level of efficiency.

  6. Methods of quantifying operational risk in Banks : Theoretical approaches

    Directory of Open Access Journals (Sweden)

    Fatima Zahra El ARIF

    2016-07-01

    Full Text Available The definition of operational risk is a challenge. This risk has an atypical character as far as it concerns all the activities of the bank. It is also often difficult to estimate it independently of the other risks which characterizes the banking activity. Indeed, it is very difficult to determine the amount, the frequency, and the key factors behind this risk. Banks are still putting in place procedures of data collection and formalized approaches in this area. This is what we try to decipher. How then banks are they supposed to assess, predict and effectively manage operational risk, given the incredible diversity of dangers and threats now facing their business? How can they successfully respond to new constraints emanating from regulatory authorities while preserving their future profitability? These two questions are at the heart of the issues related to the measurement of operational risk, and are not without effect on the future ability of banks to manage this type of risk.

  7. Formation of strategy and policy of banking credit operations management

    Directory of Open Access Journals (Sweden)

    O.V. Lysenok

    2016-03-01

    Full Text Available The article examines the strategic management of credit operations as the activities on credit strategies of banking institutions, the formation of goals, objectives, and the choice of methods to achieve them. The basis of this is the strategic management analysis of the factors affecting the lending operations, strategic planning, communication mechanisms of strategic and tactical decisions, monitoring the implementation of the strategy and timely adjustments. For the purpose of effective implementation of the developed strategy, the article argues that banks in modern conditions should develop their own internal credit policy which should cover the essential elements and principles of credit at these banks. The study determines that the credit policy is based on the factors determined by the amount of capital assets and loan portfolio, the structure of its clientele, specialization, location, presence of branch network, the situation in the money market.

  8. Near-term Horizontal Launch for Flexible Operations: Results of the DARPA/NASA Horizontal Launch Study

    Science.gov (United States)

    Bartolotta, Paul A.; Wilhite, Alan W.; Schaffer, Mark G.; Huebner, Lawrence D.; Voland, Randall T.; Voracek, David F.

    2012-01-01

    Horizontal launch has been investigated for 60 years by over 130 different studies. During this time only one concept, Pegasus, has ever been in operation. The attractiveness of horizontal launch is the capability to provide a "mobile launch pad" that can use existing aircraft runways, cruise above weather, loiter for mission instructions, and provide precise placement for orbital intercept, rendezvous, or reconnaissance. A jointly sponsored study by DARPA and NASA, completed in 2011, explored the trade space of horizontal launch system concepts which included an exhaustive literature review of the past 70 years. The Horizontal Launch Study identified potential near- and mid-term concepts capable of delivering 15,000 lb payloads to a 28.5 due East inclination, 100 nautical-mile low-Earth orbit. Results are presented for a range of near-term system concepts selected for their availability and relatively low design, development, test, and evaluation (DDT&E) costs. This study identified a viable low-cost development path forward to make a robust and resilient horizontal launch capability a reality.

  9. 12 CFR 900.2 - Terms relating to Bank operations, mission and supervision.

    Science.gov (United States)

    2010-01-01

    ..., section or paragraph: Acquired member assets or AMA means those assets that may be acquired by a Bank... means the Financial Management Policy For The Federal Home Loan Bank System approved by the Finance... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Terms relating to Bank operations, mission...

  10. A survey of food bank operations in five Canadian cities.

    Science.gov (United States)

    Tarasuk, Valerie; Dachner, Naomi; Hamelin, Anne-Marie; Ostry, Aleck; Williams, Patricia; Bosckei, Elietha; Poland, Blake; Raine, Kim

    2014-11-28

    Food banks have emerged in response to growing food insecurity among low-income groups in many affluent nations, but their ability to manage this problem is questionable. In Canada, in the absence of public programs and policy interventions, food banks are the only source of immediate assistance for households struggling to meet food needs, but there are many indications that this response is insufficient. The purpose of this study was to examine the factors that facilitate and limit food bank operations in five Canadian cities and appraise the potential of these initiatives to meet food needs. An inventory of charitable food provisioning in Halifax, Quebec City, Toronto, Edmonton, and Victoria, Canada was conducted in 2010. Of the 517 agencies that participated in a telephone survey of their operations, 340 were running grocery programs. Multivariate regression analyses were conducted to determine the association between program characteristics, volume of service, and indicators of strain in food banks' abilities to consistently achieve the standards of assistance they had established. Extensive, well-established food bank activities were charted in each city, with the numbers of people assisted ranging from 7,111 in Halifax to 90,141 in Toronto per month. Seventy-two percent of agencies indicated that clients needed more food than they provided. The number of people served by any one agency in the course of a month was positively associated with the proportion of food distributed that came from donations (beta 0.0143, SE 0.0024, p 0.0041) and the number of volunteers working in the agency (beta 0.0630, SE 0.0159, p 0.0167). Food banks only achieved equilibrium between supply and demand when they contained demand through restrictions on client access. When access to assistance was less restricted, the odds of food banks running out of food and invoking measures to ration remaining supplies and restrict access rose significantly. Despite their extensive history

  11. The Influence of IPO to the Operational Risk of Chinese Commercial Banks

    Science.gov (United States)

    Gao, Lijun; Li, Jianping

    This paper analyzed the initial public offering (IPO) effect to operational risk. We classified the banks with listed banks and non-listed banks, simulated the annual operational loss with bootstrap method and compared the annual unexpected loss distributions with VaRs, expected shortfall and the annual operational economic capital, the result showed that the annual operational capital of list banks is rather lower than that of non-listed banks. It is showed that IPO may spur banks improving operational risk management.

  12. Reusable Launch Vehicles: Rethinking Access to Space (cover title: Reusable Launch Vehicles and Space Operations)

    Science.gov (United States)

    2000-05-01

    to $l billion. See Jamie G. G. Varni, —Space Operations: Through the Looking Glass ,“ 2025 Study (Maxwell Air Force Base, AL: Air University Press...Aviation, 1945 - 1950 (Washington DC: Naval Historical Center, 1994), p. 121. 134. Jamie G.G Varni et al, —Space Operations: Through the Looking Glass ,“ 2025

  13. Towards Sustainability: Effective Operations Strategies, Quality Management and Operational Excellence in Banking

    Directory of Open Access Journals (Sweden)

    Vesna Tornjanski

    2017-02-01

    Full Text Available This paper sets out to extend and deepen the understanding the ways toward economic sustainability through efficient and effective growth operations strategies, quality management and operational excellence in banking. In this study we define new quality management practices based on developed conceptual architecture of digital platform for operations function in banking. Additionally, we employ decision making framework consisted of two parts: introduction of new operations services using Total Unduplicated Reach and Frequency (TURF statistical analysis and segregation of core from actual and augmented operations services utilizing Analytic Network Process (ANP method based on BOCR model. Proposed quality management practices were used for the first time in this paper for particular purposes and have the high potential to impact the excellence in banking business. The study can contribute to operations management, quality management, innovation management, IT management, business process management and decision making in service organizations.

  14. FACEBOOK CONTENT ANALYSIS OF BANKS OPERATING ON SLOVAK MARKET

    OpenAIRE

    Róbert Štefko; Radovan Baèík; Igor Fedorko

    2014-01-01

    This article uses content analysis to identify the extent of users’ involvement in the corporate communication on the social network Facebook. This article focuses on the Facebook pages of the largest banking institutions operating in Slovakia - regarding the volume of their total assets in 2012. The analysis shows that the criterion for the success of the post on the largest social network Facebook is an effort to maximize the involvement of users in the corporate communication through the i...

  15. Arianespace Launch Service Operator Policy for Space Safety (Regulations and Standards for Safety)

    Science.gov (United States)

    Jourdainne, Laurent

    2013-09-01

    Since December 10, 2010, the French Space Act has entered into force. This French Law, referenced as LOS N°2008-518 ("Loi relative aux Opérations Spatiales"), is compliant with international rules. This French Space Act (LOS) is now applicable for any French private company whose business is dealing with rocket launch or in orbit satellites operations. Under CNES leadership, Arianespace contributed to the consolidation of technical regulation applicable to launch service operators.Now for each launch operation, the operator Arianespace has to apply for an authorization to proceed to the French ministry in charge of space activities. In the files issued for this purpose, the operator is able to justify a high level of warranties in the management of risks through robust processes in relation with the qualification maintenance, the configuration management, the treatment of technical facts and relevant conclusions and risks reduction implementation when needed.Thanks to the historic success of Ariane launch systems through its more than 30 years of exploitation experience (54 successes in a row for latest Ariane 5 launches), Arianespace as well as European public and industrial partners developed key experiences and knowledge as well as competences in space security and safety. Soyuz-ST and Vega launch systems are now in operation from Guiana Space Center with identical and proved risks management processes. Already existing processes have been slightly adapted to cope with the new roles and responsibilities of each actor contributing to the launch preparation and additional requirements like potential collision avoidance with inhabited space objects.Up to now, more than 12 Ariane 5 launches and 4 Soyuz-ST launches have been authorized under the French Space Act regulations. Ariane 5 and Soyuz- ST generic demonstration of conformity have been issued, including exhaustive danger and impact studies for each launch system.This article will detail how Arianespace

  16. Expendable launch vehicles in Space Station Freedom logistics resupply operations

    Science.gov (United States)

    Newman, J. Steven; Courtney, Roy L.; Brunt, Peter

    The projected Space Station Freedom (SSF) annual logistics resupply requirements were predicted to exceed the 1988 baseline Shuttle resupply system capability. This paper examines the implications of employing a 'mixed fleet' of Shuttles and ELVs to provide postassembly, steady-state logistics resupply. The study concluded that ELVs supported by the OMV could provide the additional required resupply capability with one to three launches per annum. However, the study determined that such a capability would require significant programmatic commitments, including baseline SSF OMV accommodations, on-orbit OMV monoprop replenishment capability, and substantial economics investments. The study also found the need for a half-size pressurized logistics module for the increase in the efficiency of logistics manifesting on the Shuttle as well as ELVs.

  17. Operationally Responsive Spacelift: Supporting a Seven-Day Launch Schedule

    Science.gov (United States)

    2013-06-01

    Operationally Responsive Space PFPA Preliminary Flight Plan Approval PL Public Law RCO Range Control Officer ROC Range Operations Commander ROPS ...reviews: the Range Readiness Review (RRR) and the Group Readiness Review (GRR). The RRR is briefed to the 2nd Range Operations Squadron ( ROPS ...commander to ensure 2 ROPS can give a go- statement at the GRR. The GRR is briefed to the 30 OG commander, and adds the weather, intel, and communication

  18. Evolved Expendable Launch Vehicles (EELV) for Operationally Responsive Space

    Science.gov (United States)

    2009-02-12

    35 Jeff Foust , “Operationally Responsive Space: A Solution Seeking a Problem”, The Space Review, 13 October 2003, 2. http...www.globalsecurity.org/org/news/2001/010127-space2.htm Foust , Jeff. “Operationally Responsive Space: A Solution Seeking a Problem”. The Space Review, 13

  19. Evaluation of the Risk and of the Opportunities in Launching the New Banking Services

    Directory of Open Access Journals (Sweden)

    Iuliana Cetina

    2007-09-01

    Full Text Available The creation of new products and services is acknowledged as being a necessity for thedevelopment of a company. Furthermore, due to the changes occurred in the banking field, the introductionof new services became for institutions a condition to remain competitive.The banking institutions which intend to be leaders in a domain should take the initiative andintroduce new services. In the same measure, there are companies for which the cost of a potential failureis too high and they cannot allow it. They limit to introduce in their offer the products that have beentested on the market and have success among the consumers. This option in the marketing policy of thefirm depends on several factors, such as the mission of the organisation, the intended objectives, thedimension and the resources of which it disposes and last but not least the nature of the new proposedservice.

  20. EXODUS: Integrating intelligent systems for launch operations support

    Science.gov (United States)

    Adler, Richard M.; Cottman, Bruce H.

    1991-01-01

    Kennedy Space Center (KSC) is developing knowledge-based systems to automate critical operations functions for the space shuttle fleet. Intelligent systems will monitor vehicle and ground support subsystems for anomalies, assist in isolating and managing faults, and plan and schedule shuttle operations activities. These applications are being developed independently of one another, using different representation schemes, reasoning and control models, and hardware platforms. KSC has recently initiated the EXODUS project to integrate these stand alone applications into a unified, coordinated intelligent operations support system. EXODUS will be constructed using SOCIAL, a tool for developing distributed intelligent systems. EXODUS, SOCIAL, and initial prototyping efforts using SOCIAL to integrate and coordinate selected EXODUS applications are described.

  1. China's 1st domestic insurer launches operations

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    Union Life Insurance has started operations. It's one of 18 locally funded domestic insurance companies, recently approved by the China Insurance Regulatory Commission, in Wuhan, Hubei Province. This is the first domestic insurance company to open its doors, in the past nine years.

  2. Managing Climate Risk. Integrating Adaptation into World Bank Group Operations

    Energy Technology Data Exchange (ETDEWEB)

    Van Aalst, M. [Global Environment Facility Program, The International Bank for Reconstruction and Development, World Bank Group, Washington, DC (United States)

    2006-08-15

    Climate change is already taking place, and further changes are inevitable. Developing countries, and particularly the poorest people in these countries, are most at risk. The impacts result not only from gradual changes in temperature and sea level but also, in particular, from increased climate variability and extremes, including more intense floods, droughts, and storms. These changes are already having major impacts on the economic performance of developing countries and on the lives and livelihoods of millions of poor people around the world. Climate change thus directly affects the World Bank Group's mission of eradicating poverty. It also puts at risk many projects in a wide range of sectors, including infrastructure, agriculture, human health, water resources, and environment. The risks include physical threats to the investments, potential underperformance, and the possibility that projects will indirectly contribute to rising vulnerability by, for example, triggering investment and settlement in high-risk areas. The way to address these concerns is not to separate climate change adaptation from other priorities but to integrate comprehensive climate risk management into development planning, programs, and projects. While there is a great need to heighten awareness of climate risk in Bank work, a large body of experience on climate risk management is already available, in analytical work, in country dialogues, and in a growing number of investment projects. This operational experience highlights the general ingredients for successful integration of climate risk management into the mainstream development agenda: getting the right sectoral departments and senior policy makers involved; incorporating risk management into economic planning; engaging a wide range of nongovernmental actors (businesses, nongovernmental organizations, communities, and so on); giving attention to regulatory issues; and choosing strategies that will pay off immediately under

  3. 12 CFR 7.4004 - Establishment and operation of a deposit production office by a national bank.

    Science.gov (United States)

    2010-01-01

    ... branch office of the bank, or by mail, electronic transfer, or a similar method of transfer. (b) Services... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Establishment and operation of a deposit production office by a national bank. 7.4004 Section 7.4004 Banks and Banking COMPTROLLER OF THE CURRENCY...

  4. Intelligent Launch and Range Operations Virtual Test Bed (ILRO-VTB)

    Science.gov (United States)

    Bardina, Jorge; Rajkumar, T.

    2003-01-01

    Intelligent Launch and Range Operations Virtual Test Bed (ILRO-VTB) is a real-time web-based command and control, communication, and intelligent simulation environment of ground-vehicle, launch and range operation activities. ILRO-VTB consists of a variety of simulation models combined with commercial and indigenous software developments (NASA Ames). It creates a hybrid software/hardware environment suitable for testing various integrated control system components of launch and range. The dynamic interactions of the integrated simulated control systems are not well understood. Insight into such systems can only be achieved through simulation/emulation. For that reason, NASA has established a VTB where we can learn the actual control and dynamics of designs for future space programs, including testing and performance evaluation. The current implementation of the VTB simulates the operations of a sub-orbital vehicle of mission, control, ground-vehicle engineering, launch and range operations. The present development of the test bed simulates the operations of Space Shuttle Vehicle (SSV) at NASA Kennedy Space Center. The test bed supports a wide variety of shuttle missions with ancillary modeling capabilities like weather forecasting, lightning tracker, toxic gas dispersion model, debris dispersion model, telemetry, trajectory modeling, ground operations, payload models and etc. To achieve the simulations, all models are linked using Common Object Request Broker Architecture (CORBA). The test bed provides opportunities for government, universities, researchers and industries to do a real time of shuttle launch in cyber space.

  5. A Business Analysis of a SKYLON-based European Launch Service Operator

    Science.gov (United States)

    Hempsell, Mark; Aprea, Julio; Gallagher, Ben; Sadlier, Greg

    2016-04-01

    Between 2012 and 2014 an industrial consortium led by Reaction Engines conducted a feasibility study for the European Space Agency with the objective to explore the feasibility of SKYLON as the basis for a launcher that meets the requirements established for the Next Generation European Launcher. SKYLON is a fully reusable single stage to orbit launch system that is enabled by the unique performance characteristic of the Synergetic Air-Breathing Rocket Engine and is under active development. The purpose of the study which was called "SKYLON-based European Launch Service Operator (S-ELSO)" was to support ESA decision making on launch service strategy by exploring the potential implications of this new launch system on future European launch capability and the European industry that supports it. The study explored both a SKYLON operator (S-ELSO) and SKYLON manufacturer as separate business ventures. In keeping with previous studies, the only strategy that was found that kept the purchase price of the SKYLON low enough for a viable operator business was to follow an "airline" business model where the manufacturer sells SKYLONs to other operators in addition to S-ELSO. With the assumptions made in the study it was found that the SKYLON manufacturer with a total production run of between 30 and 100 SKYLONs could expect an Internal Rate of Return of around 10%. This was judged too low for all the funding to come from commercial funding sources, but is sufficiently high for a Public Private Partnership. The S-ELSO business model showed that the Internal Rate of Return would be high enough to consider operating without public support (i.e. commercial in operation, irrespective of any public funding of development), even when the average launch price is lowered to match the lowest currently quoted price for expendable systems.

  6. 75 FR 3251 - JP Morgan Chase and Company; JP Morgan Investment Banking, Global Corporate Financial Operations...

    Science.gov (United States)

    2010-01-20

    ... Company, JP Morgan Investment Banking, Global Corporate Financial Operation, New York, New York. Signed at... Employment and Training Administration JP Morgan Chase and Company; JP Morgan Investment Banking, Global Corporate Financial Operations, New York, NY; Notice of Negative Determination on Reconsideration By...

  7. Best practice guidelines for the operation of a donor human milk bank in an Australian NICU.

    Science.gov (United States)

    Hartmann, B T; Pang, W W; Keil, A D; Hartmann, P E; Simmer, K

    2007-10-01

    Until the establishment of the PREM Bank (Perron Rotary Express Milk Bank) donor human milk banking had not occurred in Australia for the past 20 years. In re-establishing donor human milk banking in Australia, the focus of the PREM Bank has been to develop a formal and consistent approach to safety and quality in processing during the operation of the human milk bank. There is currently no existing legislation in Australia that specifically regulates the operation of donor human milk banks. For this reason the PREM Bank has utilised existing and internationally recognised management practices for managing hazards during food production. These tools (specifically HACCP) have been used to guide the development of Standard Operating Procedures and Good Manufacturing Practice for the screening of donors and processing of donor human milk. Donor screening procedures are consistent with those recommended by other human milk banks operating internationally, and also consistent with the requirements for blood and tissue donation in Australia. Controlled documentation and record keep requirements have also been developed that allow complete traceability from individual donation to individual feed dispensed to recipient and maintain a record of all processing and storage conditions. These operational requirements have been developed to reduce any risk associated with feeding pasteurised donor human milk to hospitalised preterm or ill infants to acceptable levels.

  8. Commercial and operational impacts on design for the Hotol advanced launch vehicle

    Science.gov (United States)

    Salt, D. J.; Parkinson, R. C.

    1990-10-01

    The development of future Space exploration and exploitation will be paced by launch system capabilities. Current systems are high cost, low reliability, unavailable and inflexible when compared to other forms of transport. Advanced launch systems now being proposed (Hotol, Saenger, NASP) seek to dramatically reduce these drawbacks, particularly to reduce the cost of transport into low earth orbit. There is a more severe requirement on vehicle design and operation than hitherto. The high cost of vehicle losses require system reliability and survivability. Survivability requires an extensive abort capability in all phases of flight. Achieving low operational costs places requirements on vehicle maintainability, turn-around and integration, and the requirements for achieving a high flight rate without compromising system reliability or resiliency. The paper considers the way in which commercial and operational aspects have affected the physical design of the Hotol system.

  9. REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions

    Directory of Open Access Journals (Sweden)

    Lucean Mihalcea

    2016-07-01

    Full Text Available Money market operations (open market operations constitute the most important instrument of the monetary policy of the NATIONAL BANK of ROMANIA. They shall be carried out on the initiative of the Central Bank, having the following functions: guiding interest rates, managing the liquidity conditions of the monetary market and signaling the orientation of the monetary policy. In this context, a systematic and a market organization is essential able to adapt to the new conditions imposed by the relaxation of credit operations. Implementation and operational systematization of such types of transaction can help banking entities in adjusting the liquidity crisis and the support on the way to economic growth.

  10. A model of a code of ethics for tissue banks operating in developing countries.

    Science.gov (United States)

    Morales Pedraza, Jorge

    2012-12-01

    Ethical practice in the field of tissue banking requires the setting of principles, the identification of possible deviations and the establishment of mechanisms that will detect and hinder abuses that may occur during the procurement, processing and distribution of tissues for transplantation. This model of a Code of Ethics has been prepared with the purpose of being used for the elaboration of a Code of Ethics for tissue banks operating in the Latin American and the Caribbean, Asia and the Pacific and the African regions in order to guide the day-to-day operation of these banks. The purpose of this model of Code of Ethics is to assist interested tissue banks in the preparation of their own Code of Ethics towards ensuring that the tissue bank staff support with their actions the mission and values associated with tissue banking.

  11. Business-Level Strategy for the Foreign Commercial Banks operating within Malaysia

    OpenAIRE

    Rasool Khan, Mohamed Rizal

    2007-01-01

    This paper discusses the strategic positioning and use of Porter’s (1980) generic strategy framework within the foreign commercial banks operating in Malaysia. It was found that two distinct strategic groups were formed by the foreign commercial banks. Performance analysis conducted suggests that banks with clearer strategic direction managed to outperform its peers in its strategic group. Furthermore, the performance of one strategic group was significantly lower than that of the second.

  12. THE ESTABLISHMENT AND OPERATION OF ISLAMIC BANKS IN NIGERIA: PERCEPTION STUDY ON THE ROLE OF THE CENTRAL BANK OF NIGERIA

    Directory of Open Access Journals (Sweden)

    Mustafa Daud

    2011-06-01

    Full Text Available Central bank (CB in any economy is regarded as the Apex bank and the Principal stakeholder in the financial system. This is in view of the role it plays in the control, regulation and supervision of the financial institutions in the economy. Hence, the Central Bank of Nigeria (CBN is no exception to this unique characteristics and functions. Meanwhile, the emergence of Islamic banking in various Muslim countries has continued to raise the fundamental issue of what role the CB should play in the affairs of Islamic Banks (IBs. Therefore, this study is an attempt to empirically examine the perceptions of Nigerian Muslim Youths in Malaysia on the perceived role expected of the CBN in the establishment and operation of IBs in Nigeria. This study focused on the perceptions of students in three Malaysian universities i.e. Kolej Universiti Insaniah (KUIN, Universiti Utara Malaysia (UUM and International Islamic University Malaysia (IIUM. The sample of the study was made up of 100 questionnaires of which 85 percent were returned and usable. The data collected were subjected to statistical analysis using the SPSS version 18.0 and One-Sample and Independent-Samples t-Tests were utilized for analyses. The finding revealed that the role of the CBN in the establishment and operation of IBs in Nigeria is of no significance. This finding is however classified as Type II error because it contradicts the known theoretical and empirical evidences in the area of central banking in the world. Other findings hold that the CBN should seriously promote adequate research in IBs, the legal framework of IBs should be further strengthened and that the CBN should collaborate with the Judiciary for the establishment of Shari’ah courts to adjudicate cases on IBs.

  13. 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.

  14. Assessing Canadian Bank Branch Operating Efficiency Using Data Envelopment Analysis

    Science.gov (United States)

    Yang, Zijiang

    2009-10-01

    In today's economy and society, performance analyses in the services industries attract more and more attention. This paper presents an evaluation of 240 branches of one big Canadian bank in Greater Toronto Area using Data Envelopment Analysis (DEA). Special emphasis was placed on how to present the DEA results to management so as to provide more guidance to them on what to manage and how to accomplish the changes. Finally the potential management uses of the DEA results were presented. All the findings are discussed in the context of the Canadian banking market.

  15. Issues Regarding Operational Risk Modeling in Banking Units

    Directory of Open Access Journals (Sweden)

    Angelica STRATULAT

    2016-12-01

    Full Text Available This paper tries to make an important contribution to the subject of the bank management, given that managers are primarily concerned with the procurement of information that allows organizations to successfully fulfill their mission and achieve notable performances.

  16. Modeling Truncated Loss Data of Operational Risk in E-banking

    Directory of Open Access Journals (Sweden)

    Maryam Pirouz

    2013-11-01

    Full Text Available Operational risk is an important risk component for financial institutions, especially in E-banking. Large amount of capital that are assigned to decrease this risk are evidence to this subject. One of the most important factors for modeling operational risk to estimate capital charge is loss data collections of banks. But sometimes for reasons like decreasing the costs, banks save only the losses above some determined thresholds at their database. For achieving accurate capital charge, this threshold should be considered in determining capital charge. This paper focuses on modeling truncated loss data above some given threshold. We discuss several statistical methods for modeling truncated data, and suggest the best one for modeling truncated loss data. We have tested our suggested model for some operational loss data samples. Our results indicate that our approach can be useful for increasing accuracy of estimating operational risk capital charge in E- banking.

  17. banks

    Directory of Open Access Journals (Sweden)

    Elena Grigoryeva

    2017-01-01

    The thaw period was a kind of bank from which our country set sail towards unexplored horizons. The series on the Moscow Palace of Young Pioneers is continued by the article by Felix Novikov (144-151, who writes about the history of the design of this wonderful building, today’s monument of architecture of Soviet modernism.

  18. Establishment, operation and development of a donor human milk bank.

    Science.gov (United States)

    Biasini, Augusto; Stella, Marcello; Malaigia, Laura; China, Mariachiara; Azzalli, Milena; Laguardia, Maria Chiara; Rizzo, Vittoria

    2013-10-01

    Human milk is very valuable in premature infant nutrition. The collection, screening, processing and distribution of donor human milk are described in this report. These activities take place in the Donor Human Milk Bank (DHMB) of the Large Romagna Area (LRA) in Italy, the development of which is also described here. Over the years, the activities of this bank, which is located in Cesena Hospital, in the center of the LRA, have developed from an informal and domestic-level activity to become a multistep controlled process designed to prevent the possibility of disease transmission. This little food-supply industry, run by a multi-disciplinary team with strict rules and diverse responsibilities, complies with the Hazards Analysis and Critical Control Points (HACCP) system.

  19. ALSAT-2A power subsystem behavior during launch, early operation, and in-orbit test

    Science.gov (United States)

    Larbi, N.; Attaba, M.; Beaufume, E.

    2012-09-01

    In 2006, Algerian Space Agency (ASAL) decided to design and built two optical Earth observation satellites. The first one, ALSAT-2A, was integrated and tested as a training and cooperation program with EADS Astrium. The second satellite ALSAT-2B will be integrated by ASAL engineers in the Satellite Development Center (CDS) at Oran in Algeria. On 12th July 2010, Algeria has launched ALSAT-2A onboard an Indian rocket PSLV-C15 from the Sriharikota launch base, Chennaï. ALSAT-2A is the first Earth observation satellite of the AstroSat-100 family; the design is based on the Myriade platform and comprising the first flight model of the New Astrosat Observation Modular Instrument (NAOMI). This Instrument offers a 2.5m ground resolution for the PAN channel and a 10m ground resolution for four multi-spectral channels which provides high imaging quality. The operations are performed from ALSAT-2 ground segment located in Ouargla (Algeria) and after the test phase ALSAT-2A provides successful images. ALSAT-2A electrical power subsystem (EPS) is composed of a Solar Array Generator (SAG ), a Li-ion battery dedicated to power storage and energy source during eclipse or high consumption phases and a Power Conditioning and Distribution Unit (PCDU). This paper focuses primarily on ALSAT-2A electrical power subsystem behavior during Launch and Early OPeration (LEOP) as well as In Orbit Test (IOT). The telemetry data related to the SAG voltage, current and temperature will be analyzed in addition to battery temperature, voltage, charge and discharge current. These parameters will be studied in function of satellite power consumption.

  20. Credit risk analysis at the level of an operative branch of the bank

    Directory of Open Access Journals (Sweden)

    Imola DRIGA

    2010-12-01

    Full Text Available Credit risk is most simply defined as the potential that a borrower/counter party will fail to meet its obligations in accordance with agreed terms. The goal of credit risk management is to maintain credit risk exposure within targeted limits so that the bank can maximize risk adjusted return. In such cases, the account of the customer inevitably becomes overdue, the granted loan turns into a non-performing credit and the lending bank registers a decline of its profit. In order to prevent such situations, commercial banks must take certain measures of reducing credit risk. In order to assess the exposure to credit risk, we can operate with a system of indicators based on information obtained from financial statements. The paper presents how the exposure to this type of risk can be evaluated at the level of an operative branch of the bank.

  1. Launch Complex 39A, SWMU 008, Operations, Maintenance, and Monitoring Report, Kennedy Space Center, FL

    Science.gov (United States)

    Wilson, Deborah M.

    2016-01-01

    This Operations, Maintenance, and Monitoring Report (OMMR) presents the findings, observations, and results from Year 1 operation of the air sparging (AS) groundwater interim measure (IM) for High-Concentration Plumes (HCPs) and Low-Concentration Plumes (LCPs) within the perimeter fence line at Launch Complex 39A (LC39A) located at Kennedy Space Center (KSC), Florida. The objective of the LC39A groundwater IM is to actively decrease concentrations of trichloroethene (TCE), cis-1,2-dichloroethene (cDCE), and vinyl chloride (VC) in groundwater in the HCP and LCP within the pad perimeter fence line via AS to levels less than Florida Department of Environmental Protection (FDEP) Groundwater Cleanup Target Levels (GCTLs). The objective was developed because LC39A is currently being leased to Space Exploration Technologies (SpaceX), and the original IM for monitored natural attenuation (MNA) over an extended period of time was not suitable for future planned site use.

  2. Operations Assessment of Launch Vehicle Architectures using Activity Based Cost Models

    Science.gov (United States)

    Ruiz-Torres, Alex J.; McCleskey, Carey

    2000-01-01

    The growing emphasis on affordability for space transportation systems requires the assessment of new space vehicles for all life cycle activities, from design and development, through manufacturing and operations. This paper addresses the operational assessment of launch vehicles, focusing on modeling the ground support requirements of a vehicle architecture, and estimating the resulting costs and flight rate. This paper proposes the use of Activity Based Costing (ABC) modeling for this assessment. The model uses expert knowledge to determine the activities, the activity times and the activity costs based on vehicle design characteristics. The approach provides several advantages to current approaches to vehicle architecture assessment including easier validation and allowing vehicle designers to understand the cost and cycle time drivers.

  3. Planning operations before market launch for balancing time-to-market and risks in pharmaceutical supply chains

    DEFF Research Database (Denmark)

    Hansen, Klaus Reinholdt Nyhuus; Grunow, Martin

    2015-01-01

    . Large volumes of product need to be ready to fill the downstream supply chain immediately at market launch. Building up the required inventory is, however, connected to several risks. In addition to the risk associated with the lack of demand information for a new product, there are several risks unique......Shorter product life cycles and the resulting increase in new product introductions boost the importance of product launch operations. In the pharmaceutical sector, product launch operations are of particular importance, as companies seek to reduce time-to-market to better exploit patent protection...

  4. The Australian money market and the operations of the Reserve Bank of Australia: a comparative analysis

    OpenAIRE

    Michael Dotsey

    1987-01-01

    This article provides a comparative analysis of central bank operating procedures in Australia and the United States. It also examines the effect that the structure of overnight money markets, reserve requirements, and central bank lending procedures have on monetary control in both countries. Evidently the Australian financial structure is such that an interest rate instrument provides superior control of money, a result that may not hold in the United States.

  5. Launch and recovery of ROV: Investigation of operational limit from DNV Recommended Practices and time domain simulations in SIMO

    OpenAIRE

    Valen, Magnus

    2010-01-01

    Offshore contractors seek to operate their remotely operated vehicles for the widest range of sea conditions where particularly launch and recovery through splash zone are critical phases in the offshore operation. The analytical methods for calculation of operational limit proposed by guidelines from DNV Recommended Practices may lead to an over-estimation of the hydrodynamic forces and consequently to an unduly restrictive operational limit. Accurate predictions of the hydrodynamic forces a...

  6. Web-Based Toxic Gas Dispersion Model for Shuttle Launch Operations

    Science.gov (United States)

    Bardina, Jorge; Thirumalainambi, Rajkumar

    2004-01-01

    During the launch of the Space Shuttle vehicle, the burning of liquid hydrogen fuel with liquid oxygen at extreme high temperatures inside the three space shuttle main engines, and the burning of the solid propellant mixture of ammonium perchlorate oxidizer, aluminum fuel, iron oxide catalyst, polymer binder, and epoxy curing agent in the two solid rocket boosters result in the formation of a large cloud of hot, buoyant toxic exhaust gases near the ground level which subsequently rises and entrains into ambient air until the temperature and density of the cloud reaches an approximate equilibrium with ambient conditions. In this paper, toxic gas dispersion for various gases are simulated over the web for varying environmental conditions which is provided by rawinsonde data. The model simulates chemical concentration at ground level up to 10 miles (1 KM grids) in downrange up to an hour after launch. The ambient concentration of the gas dispersion and the deposition of toxic particles are used as inputs for a human health risk assessment model. The advantage of the present model is the accessibility and dissemination of model results to other NASA centers over the web. The model can be remotely operated and various scenarios can be analyzed.

  7. Efficiency Comparison of Operational and Profitability: A Case of Hong Kong Commercial Banks

    Directory of Open Access Journals (Sweden)

    Cheng-Ru Wu

    2008-01-01

    Full Text Available Problem Statement: Traditional DEA models deal with measurements of relative efficiency of DMUs regarding multiple-inputs vs. multiple-outputs. One of the drawbacks of these models is the neglect of intermediate products or linking activities. The objectives of this study were: (i This research was shown how to use DEA by two stages, with outputs from the first stage becoming inputs in the second stage. (ii Comparative analysis of efficiency of bank manageable in Hong Kong. Approach: The research conducts a comparative analysis of efficiency of bank manageable in Hong Kong using a two-stage model, which evaluates their Operational Efficiency (OE and Profitability Efficiency (PE. The study period covered 2004-2006 and used two-stage Data Envelopment Analysis (DEA. Results: Large-sized banks are generally more efficient than small-sized ones in the operational efficiency; while small efficient banks are easily to become benchmarks, large efficient banks are deemed as competitive niche players. This means that the large banks have better competitive power than those of smaller ones. Conclusion: Using this model, we can evaluate divisional efficiencies along with the overall efficiency of decision making units (DMUs.

  8. 14 CFR 431.43 - Reusable launch vehicle mission operational requirements and restrictions.

    Science.gov (United States)

    2010-01-01

    ... vehicle poses risk to public health and safety and the safety of property in excess of acceptable flight... LAUNCH VEHICLE (RLV) Safety Review and Approval for Launch and Reentry of a Reusable Launch Vehicle § 431... RLV mission safety approval shall submit procedures— (1) That ensure RLV mission risks do not exceed...

  9. Operational Risk Measurement of Chinese Commercial Banks Based on Extreme Value Theory

    Science.gov (United States)

    Song, Jiashan; Li, Yong; Ji, Feng; Peng, Cheng

    The financial institutions and supervision institutions have all agreed on strengthening the measurement and management of operational risks. This paper attempts to build a model on the loss of operational risks basing on Peak Over Threshold model, emphasizing on weighted least square, which improved Hill’s estimation method, while discussing the situation of small sample, and fix the sample threshold more objectively basing on the media-published data of primary banks loss on operational risk from 1994 to 2007.

  10. 12 CFR 7.5009 - Location under 12 U.S.C. 85 of national banks operating exclusively through the Internet.

    Science.gov (United States)

    2010-01-01

    ... operating exclusively through the Internet. 7.5009 Section 7.5009 Banks and Banking COMPTROLLER OF THE... under 12 U.S.C. 85 of national banks operating exclusively through the Internet. For purposes of 12 U.S.C. 85, the main office of a national bank that operates exclusively through the Internet is...

  11. Training tissue bank operators: the International Atomic Energy Agency (IAEA)/National University of Singapore (NUS) 10 years of experience.

    Science.gov (United States)

    Nather, A; Phillips, G O; Morales Pedraza, Jorge; Lee, Chris C W

    2009-05-01

    National University of Singapore (NUS) was appointed by IAEA to become IAEA/NUS Regional Training Centre (RTC) for Asia and the Pacific region in September 1996. The Government of Singapore (represented by the Ministry of Environment) with the National Science and Technology Board as the funding agency awarded a grant of S$225,500 to build a new purpose-built tissue bank to be the Regional Training Centre. National University Hospital provided a space of 2,000 square feet for this purpose. The first Diploma Course was launched on 3 November 1997 with 17 candidates with the first NUS Diploma Examination being held in October 1998. Between November 1997 and April 2007, a total of nine courses were conducted by RTC with a total of 180 tissue bank operators, 133 from Asia and the Pacific region (13 countries including 2 from Iran), 14 from Africa (Algeria, Egypt, Libya, Egypt, South Africa and Zambia), 6 from Latin America (Brazil, Chile, Cuba, Peru and Uruguay), 9 from Europe (Greece, Slovakia, Poland, Ukraine) and 2 from Australia. The last batch (ninth batch) involved twenty students registered in April 2007 and will be due to sit for the terminal examination only in April 2008.

  12. PENINGKATAN KINERJA KARYAWAN BAGIAN TRADE OPERATIONS STUDI KASUS BANK OCBC NISP

    Directory of Open Access Journals (Sweden)

    Andreas Murti

    2015-08-01

    Full Text Available This research was conducted on trade operations department at Bank OCBC NISP. The measurement and scope of the analysis was conducted on the activities of trade operations employees. The transactions measured in this study is the LC issuance. The purpose of this study was to identify the process of handling import LC issuance done by the trade operations in the Bank OCBC NISP, determine what policies can be used to improve the performance of employees in the trade operations Bank OCBC NISP and designing productivity measurement for bank employees in the trade operations Bank OCBC NISP. Improvement of the operational side is done by using the Value Stream Mapping (VSM which can be identified several non-value added activities that need to be repaired. This improvement raises employee performance from producing 8 to 11 LC per day. Policy decisions were analyzed based on the analytic network process (ANP method. The analysis shows that by implementing productivity-based compensation system is a top priority with the priority weight 42,69%. While the improvement of work processes is a second priority with a 36,72% weighting priority. For the final order of priority is the preparation of appropriate targets and key performance indicator (KPI with priority weight of 20,57%. Based on the analysis of ANP then implement productivity-based compensation systems provide the highest benefits and opportunities compared to the risks that may arise. Productivity-based compensation will motivate employees to improve productivity in order to get better compensation than employees with lower productivity.Keywords: LC, ANP, employee performance improvement, trade operations, VSMABSTRAKPenelitian ini  dilakukan pada  trade  operations department di Bank OCBC NISP. Pengukuran dan lingkup analisis akan dilakukan terhadap aktivitas karyawan trade operations. Transaksi yang diukur pada penelitian ini yaitu penerbitan LC. Tujuan penelitian ini adalah

  13. IT Operational Risk Measurement Model Based on Internal Loss Data of Banks

    Science.gov (United States)

    Hao, Xiaoling

    Business operation of banks relies increasingly on information technology (IT) and the most important role of IT is to guarantee the operational continuity of business process. Therefore, IT Risk management efforts need to be seen from the perspective of operational continuity. Traditional IT risk studies focused on IT asset-based risk analysis and risk-matrix based qualitative risk evaluation. In practice, IT risk management practices of banking industry are still limited to the IT department and aren't integrated into business risk management, which causes the two departments to work in isolation. This paper presents an improved methodology for dealing with IT operational risk. It adopts quantitative measurement method, based on the internal business loss data about IT events, and uses Monte Carlo simulation to predict the potential losses. We establish the correlation between the IT resources and business processes to make sure risk management of IT and business can work synergistically.

  14. Evaluation of Anomaly Detection Capability for Ground-Based Pre-Launch Shuttle Operations. Chapter 8

    Science.gov (United States)

    Martin, Rodney Alexander

    2010-01-01

    This chapter will provide a thorough end-to-end description of the process for evaluation of three different data-driven algorithms for anomaly detection to select the best candidate for deployment as part of a suite of IVHM (Integrated Vehicle Health Management) technologies. These algorithms were deemed to be sufficiently mature enough to be considered viable candidates for deployment in support of the maiden launch of Ares I-X, the successor to the Space Shuttle for NASA's Constellation program. Data-driven algorithms are just one of three different types being deployed. The other two types of algorithms being deployed include a "nile-based" expert system, and a "model-based" system. Within these two categories, the deployable candidates have already been selected based upon qualitative factors such as flight heritage. For the rule-based system, SHINE (Spacecraft High-speed Inference Engine) has been selected for deployment, which is a component of BEAM (Beacon-based Exception Analysis for Multimissions), a patented technology developed at NASA's JPL (Jet Propulsion Laboratory) and serves to aid in the management and identification of operational modes. For the "model-based" system, a commercially available package developed by QSI (Qualtech Systems, Inc.), TEAMS (Testability Engineering and Maintenance System) has been selected for deployment to aid in diagnosis. In the context of this particular deployment, distinctions among the use of the terms "data-driven," "rule-based," and "model-based," can be found in. Although there are three different categories of algorithms that have been selected for deployment, our main focus in this chapter will be on the evaluation of three candidates for data-driven anomaly detection. These algorithms will be evaluated upon their capability for robustly detecting incipient faults or failures in the ground-based phase of pre-launch space shuttle operations, rather than based oil heritage as performed in previous studies. Robust

  15. Study on Risk Management in Financing and Operational of Grameen Bank Financing Concept in MBK Finance

    Directory of Open Access Journals (Sweden)

    Bobby Yulandika Putra

    2014-03-01

    Full Text Available Objective – Poverty is one of the most fundamental issues that still surround the life of 29.89 million people of Indonesia (National Statistical Bureau data from January 2, 2012. During this time, the pattern of poverty alleviation programs undertaken by the government is a pattern of generosity. This pattern can directly exacerbate the poor morals and behavior. Ideally, poverty alleviation efforts are made by concrete steps, which empower poor `communities themselves.In line with the theme of this research, one of the financial institutions (non-Banks who cares and has the spirit to empower people to overcome poverty is Mitra Bisnis Keluarga (MBK. This study aimed to assess the financial risks and operational risks of implementation of Grameen Bank financing concept in MBK.Methods - The method used in this research is literature review and qualitative descriptive study using actual MBK data.Results - Results from this research showed that products with the concept of Grameen Bank financing is relatively safe in the terms of the financing risk, but requires more attention on operational risk and which can be implemented for large-scale poverty alleviation program.Conclusion - The data showed that the risk of financing given to the poor (without collateral is minimal and MBK actual data shows that the Operational self-sufficiency is relatively high at> 90% Keywords : MBK, Grameen Bank, Poverty

  16. Prediction and warning system of SEP events and solar flares for risk estimation in space launch operations

    Science.gov (United States)

    García-Rigo, Alberto; Núñez, Marlon; Qahwaji, Rami; Ashamari, Omar; Jiggens, Piers; Pérez, Gustau; Hernández-Pajares, Manuel; Hilgers, Alain

    2016-07-01

    A web-based prototype system for predicting solar energetic particle (SEP) events and solar flares for use by space launch operators is presented. The system has been developed as a result of the European Space Agency (ESA) project SEPsFLAREs (Solar Events Prediction system For space LAunch Risk Estimation). The system consists of several modules covering the prediction of solar flares and early SEP Warnings (labeled Warning tool), the prediction of SEP event occurrence and onset, and the prediction of SEP event peak and duration. In addition, the system acquires data for solar flare nowcasting from Global Navigation Satellite Systems (GNSS)-based techniques (GNSS Solar Flare Detector, GSFLAD and the Sunlit Ionosphere Sudden Total Electron Content Enhancement Detector, SISTED) as additional independent products that may also prove useful for space launch operators.

  17. Launching applications on compute and service processors running under different operating systems in scalable network of processor boards with routers

    Science.gov (United States)

    Tomkins, James L.; Camp, William J.

    2009-03-17

    A multiple processor computing apparatus includes a physical interconnect structure that is flexibly configurable to support selective segregation of classified and unclassified users. The physical interconnect structure also permits easy physical scalability of the computing apparatus. The computing apparatus can include an emulator which permits applications from the same job to be launched on processors that use different operating systems.

  18. Low Cost, High Efficiency, Pressurization System for Responsive Launch Operations Project

    Data.gov (United States)

    National Aeronautics and Space Administration — KT Engineering (KTE) is pleased to submit this proposal to address the stated need for "innovative solutions that will allow spaceport launch service providers to...

  19. Expert system decision support for low-cost launch vehicle operations

    Science.gov (United States)

    Szatkowski, G. P.; Levin, Barry E.

    1991-01-01

    Progress in assessing the feasibility, benefits, and risks associated with AI expert systems applied to low cost expendable launch vehicle systems is described. Part one identified potential application areas in vehicle operations and on-board functions, assessed measures of cost benefit, and identified key technologies to aid in the implementation of decision support systems in this environment. Part two of the program began the development of prototypes to demonstrate real-time vehicle checkout with controller and diagnostic/analysis intelligent systems and to gather true measures of cost savings vs. conventional software, verification and validation requirements, and maintainability improvement. The main objective of the expert advanced development projects was to provide a robust intelligent system for control/analysis that must be performed within a specified real-time window in order to meet the demands of the given application. The efforts to develop the two prototypes are described. Prime emphasis was on a controller expert system to show real-time performance in a cryogenic propellant loading application and safety validation implementation of this system experimentally, using commercial-off-the-shelf software tools and object oriented programming techniques. This smart ground support equipment prototype is based in C with imbedded expert system rules written in the CLIPS protocol. The relational database, ORACLE, provides non-real-time data support. The second demonstration develops the vehicle/ground intelligent automation concept, from phase one, to show cooperation between multiple expert systems. This automated test conductor (ATC) prototype utilizes a knowledge-bus approach for intelligent information processing by use of virtual sensors and blackboards to solve complex problems. It incorporates distributed processing of real-time data and object-oriented techniques for command, configuration control, and auto-code generation.

  20. Operation of a 5-MJ Capacitor Bank for EML Materials Testing

    Science.gov (United States)

    2007-06-01

    electromagnetic railgun for long-range fire support [1]. The deployed system has requirements for sustained rep-rated fire at 6-12 rounds per minute...OPERATION OF A 5-MJ CAPACITOR BANK FOR EML MATERIALS TESTING*∗ Jesse M. Neriξ, Brett M. Human Plasma Physics Division, Naval Research Laboratory...Naval Research ξ email: Jesse.Neri@nrl.navy.mil Abstract The U.S. Navy is considering the development of an electromagnetic launcher (EML) for

  1. Operation Analysis on T&D Equipment in Three Gorges LeftBank Hydropower Station

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    The paper outlines the Yangtze Three Gorges water conservancy complex. It describes the power transmission and distribution equipment in the Three Gorges LeftBank Hydropower Station, especially large high-voltage distribution devices. It elaborates the measures for suppressing GIS over-voltage and the tests on VFTO, besides technical measures to ensure safety and stability of power system in the station. It also makes some analyses and summaries about the problems encountered in operation of the equipment.

  2. Model of Islamic Monetary Operation for Liquidity Management in Islamic Banking: Case of Indonesia 2000-2009

    Directory of Open Access Journals (Sweden)

    Rifki Ismal

    2009-01-01

    Full Text Available The paper attempts to construct the model of islamic monetary operation for liquidity management in islamic banking. Particularly, the model investigates variables that determine the role of the central bank in managing liquidity. Firstly, it explores the related conventional models and chooses one to find general variables involved in monetary operations for managing liquidity. Secondly, it formulates the islamic model after considering the islamic monetary operation principles, characteristics of both islamic monetary instruments and Indonesian islamic banking industry. Specifically, it models Bank Indonesia’s islamic monetary instrument called Bank Indonesia Sharia Certificate (SBIS. Thirdly, the model points out that the volume of SBIS is influenced by reserves requirement, currency in circulation, and prior auctions of SBIS. It means that the application of islamic OMO is not significantly different from monetary instrument in conventional OMO. Therefore, the paper suggests the issuance of islamic investment monetary instruments to implement the ideal islamic monetary instrument and OMO.

  3. 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.

  4. Development of computer program for simulation of an ice bank system operation, Part I: Mathematical modelling

    Energy Technology Data Exchange (ETDEWEB)

    Halasz, Boris; Grozdek, Marino; Soldo, Vladimir [Faculty of Mechanical Engineering and Naval Architecture, University of Zagreb, Ivana Lucica 5, 10 000 Zagreb (Croatia)

    2009-09-15

    Since the use of standard engineering methods in the process of an ice bank performance evaluation offers neither adequate flexibility nor accuracy, the aim of this research was to provide a powerful tool for an industrial design of an ice storage system allowing to account for the various design parameters and system arrangements over a wide range of time varying operating conditions. In this paper the development of a computer application for the prediction of an ice bank system operation is presented. Static, indirect, cool thermal storage systems with external ice on coil building/melting were considered. The mathematical model was developed by means of energy and mass balance relations for each component of the system and is basically divided into two parts, the model of an ice storage system and the model of a refrigeration unit. Heat transfer processes in an ice silo were modelled by use of empirical correlations while the performance of refrigeration unit components were based on manufacturers data. Programming and application design were made in Fortran 95 language standard. Input of data is enabled through drop down menus and dialog boxes, while the results are presented via figures, diagrams and data (ASCII) files. In addition, to demonstrate the necessity for development of simulation program a case study was performed. Simulation results clearly indicate that no simple engineering methods or rule of thumb principles could be utilised in order to validate performance of an ice bank system properly. (author)

  5. Cord Blood Transplantation Study (COBLT): cord blood bank standard operating procedures.

    Science.gov (United States)

    Fraser, J K; Cairo, M S; Wagner, E L; McCurdy, P R; Baxter-Lowe, L A; Carter, S L; Kernan, N A; Lill, M C; Slone, V; Wagner, J E; Wallas, C H; Kurtzberg, J

    1998-12-01

    In 1995, the National Heart Lung and Blood Institute (NHLBI) solicited requests for a proposal (RFP) entitled "Transplant Centers for Clinical Research on Transplantation of Umbilical Cord Stem and Progenitor Cells." Three banks, six transplant centers, and one medical coordinating center (MCC) (Table 1) were funded with the overall goal of banking cord blood units (CBU) using a single manual of operations. Furthermore, the clinical protocols to evaluate the transplant outcome for adult and pediatric recipients of these well-characterized CBU would be analyzed in a uniform fashion. Because of the intense interest of the transplantation community in the policies and procedures for cord blood collection and processing, the principal investigators of the cord blood banks (CBB) and NHLBI elected to submit for publication the rationale and an abridged, but detailed, version of the standard operating procedures (SOP) developed between October 1996 and July 1998 prior to the initiation of the clinical protocols to be performed with these CBU. As the SOP will be refined over time, the complete SOP and subsequent amendments will be published and continually updated on the websites from the MCC-The EMMES Corporation (www.EMMES.com). All forms referred to in this document may be obtained from the EMMES website. It is hoped that the publication of this document will lay down a framework that will not only facilitate the development of other CBB but also help us more rapidly define what constitutes an "acceptable" CBU product.

  6. How Istanbul HSBC Bank Operators Use Lotus Notes within Electronic Performance Support Systems

    Directory of Open Access Journals (Sweden)

    Servet BAYRAM

    2006-04-01

    Full Text Available From the educational and training point of view, to understand and use the ElectronicPerformance Support Systems (EPSS efficiently is important in developing web-basedapplications. In this way, the aim of the study is proving the idea that Lotus Notes is aconvenient tool for creating a powerful EPSS within the HSBC Bank example in Istanbul.For this reason, EPSS Domain Features Checklist is developed to assess the study group’sperceptions at the bank. The participants of the present study group consisted of 104expert Lotus Notes (LN users from the Bank Executive Management Center in Istanbul.The study group was asked online to rank the LN program for the bank applicationswithin the EPSS Domain Features Checklist. Based on the checklist data, the experts’(HSBC Bank operators’ perceptions on the LN were calculated within the EPSS features.The study showed that LN is a suitable tool for creating powerful EPSS activities withinthe HSBC Bank example.Keywords: EPSS, Domains, Features, Lotus Notes, HSBC Bank, Training and EducationINTRODUCTIONAn Electronic Performance Support System (EPSS is not a software system that containsa specific set of features and functions. Rather, it is the matter of modifying anddeveloping software to measurability improve human performance. These improvementscan be achieved with a variety of software development and enhancement strategies(Collis & Verwijs, 1995. EPSS as computer-based systems contains functions forcollaboration, coordination, and communication of group in an organization. EPSS is mosteffective when supporting routine standardized tasks that can be accurately documentedand that require standardized actions. The importancy of EPSS applications foreducational and training activities are very wide (Chandler, 2000; Marioni, 2002;Coffey et al. 2003. Some advantages of EPSS are listed by Seels & Glasgow (1998 asfollow: Standardizing training and performance throughout the organization. When thework

  7. Basic interest rate, bank competition and bank spread in personal credit operations in Brazil: A theoretical and empirical analysis

    Directory of Open Access Journals (Sweden)

    Guilherme Jonas Costa da Silva

    2015-01-01

    Full Text Available The debate on the strategy of banking spread reduction in Brazil has been extended for a long time and was fundamentally concentrated in macroeconomics aspects. This paper has the goal of evaluate the new policy of banking spread reduction implemented by the federal government, which has added microeconomic aspects to this tendency. In order to do so, a mathematical model was presented that combines microeconomics aspects, such as was developed by Nakane (2001, with macroeconomics aspects, originally presented by Ho and Saunders (1981. This model was tested for the 25 largest banks in the period of March 2009 to March 2013, using the Panel Data Methodology. The GMM System model was the one that best fitted the data gathered and the results showed that both aspects are relevant in explaining the banking spread in Brazil, and should not be analyzed separately, as is frequently made in the literature, considering the econometric problems related to the omission bias of relevant variables.

  8. Benefits to blood banks of a sales and operations planning process.

    Science.gov (United States)

    Keal, Donald A; Hebert, Phil

    2010-12-01

    A formal sales and operations planning (S&OP) process is a decision making and communication process that balances supply and demand while integrating all business operational components with customer-focused business plans that links high level strategic plans to day-to-day operations. Furthermore, S&OP can assist in managing change across the organization as it provides the opportunity to be proactive in the face of problems and opportunities while establishing a plan for everyone to follow. Some of the key outcomes from a robust S&OP process in blood banking would include: higher customer satisfaction (donors and health care providers), balanced inventory across product lines and customers, more stable production rates and higher productivity, more cooperation across the entire operation, and timely updates to the business plan resulting in better forecasting and fewer surprises that negatively impact the bottom line.

  9. Note: Repetitive operation of the capacitor bank of the low-voltage miniature plasma focus at 50 Hz

    Science.gov (United States)

    Shukla, Rohit; Shyam, Anurag

    2013-10-01

    We have already reported the low-voltage operation of a plasma focus describing the operation of plasma focus at 4.2 kV which proposes possibility of making a repetitive system using compact driving source. Another recent article describes that the same capacitor-bank can drive the plasma focus for a measured ˜5 × 104 neutrons per shot at 5 kV and 59 kA current. In the present work, repetitive operation of the capacitor-bank of plasma focus is done and that too is being reported at a very high repetition rate of 50 Hz using very simple scheme of charging and triggering the bank. The bank is continuously discharged to burst duration of 20 s in this configuration admeasuring a thousand shots.

  10. Standard Operating Procedures, ethical and legal regulations in BTB (Brain/Tissue/Bio) banking: what is still missing?

    Science.gov (United States)

    Ravid, Rivka

    2008-09-01

    The use of human biological specimens in scientific research is the focus of current international public and professional concern and a major issue in bioethics in general. Brain/Tissue/Bio banks (BTB-banks) are a rapid developing sector; each of these banks acts locally as a steering unit for the establishment of the local Standard Operating Procedures (SOPs) and the legal regulations and ethical guidelines to be followed in the procurement and dissemination of research specimens. An appropriat Code of Conduct is crucial to a successful operation of the banks and the research application they handle. What are we still missing ? (1) Adequate funding for research BTB-banks. (2) Standard evaluation protocls for audit of BTB-bank performance. (3) Internationally accepted SOP's which will facilitate exchange and sharing of specimens and data with the scientific community. (4) Internationally accepted Code of Conduct. In the present paper we review the most pressing organizational, methodological, medico-legal and ethical issues involved in BTB-banking; funding, auditing, procurement, management/handling, dissemination and sharing of specimens, confidentiality and data protection, genetic testing, "financial gain" and safety measures. Taking into consideration the huge variety of the specimens stored in different repositories and the enormous differences in medico-legal systems and ethics regulations in different countries it is strongly recommend that the health-care systems and institutions who host BTB-Banks will put more efforts in getting adequate funding for the infrastructure and daily activities. The BTB-banks should define evaluation protocols, SOPs and their Code of Conduct. This in turn will enable the banks to share the collected specimens and data with the largest possible number of researchers and aim at a maximal scientific spin-off and advance in public health research.

  11. The influence of currency risk upon the market value of commercial banks operating in the Polish banking sector

    Directory of Open Access Journals (Sweden)

    Zbigniew Korzeb

    2016-09-01

    Full Text Available The objective of the paper is to analyse the impact of the Swiss Nati onal Bank’s decision to introduce the floating exchange rate of the franc on January 15th, 2015, upon the market value of commercial banks operatingin the Polish banking sector. The analysis involved twelve commercial banks quoted on the Warsaw Stock Exchange. The results are inconclusive. The predicted reducti on of the banks’ market value was less significant than indicated by market investors’ reaction on the day after the announcement of the decision to introduce the floating exchange rate of the franc. The banks most prone to granting credit denominated in CHF did experience the largest reducti on of their share quotations. However, the Pearson product-moment correlation coefficient calculated for the correlation between the average cumulative abnormal returns on shares for the entire analysed sample, and the proportion of credits denominated in Swiss francs in the total credit portfolio, indicated only a moderate correlation between both variables.

  12. Assessing the financial, operational, and social sustainability of a biobank: the Wales Cancer Bank case study.

    Science.gov (United States)

    Parry-Jones, Alison

    2014-12-01

    Biobank sustainability is a multi-faceted concept that many biobanks are wrestling with to justify their continued existence. After 10 years of operation, the Wales Cancer Bank is faced with a potential reduction in grant funding that will result in the need for a restructured approach to patient consenting, sample collection, and sample issue. A review is currently in progress, using evidence from the last 12 months, to inform the decisions that will be taken at the end of 2014 regarding the biobank's future. The information presented details the areas under consideration for revision with the perceived costs and benefits associated with the amendment. Not all outcomes are currently known, and some decisions will be made once the level of future funding is confirmed. The process of assessment has proved to be a valuable exercise and has highlighted the need for biobanks to regularly evaluate strategic principles and operating procedures using sustainability as a denominator.

  13. Operational effectiveness and quality assurance mechanisms with stochastic demand of blood supply: blood bank case study.

    Science.gov (United States)

    Smith, Alan D

    2011-01-01

    A general overview of various blood products operational effectiveness and related strategies that can be utilised by service providers (in particular, healthcare providers) is presented in the present study. In terms of the massive volumes of blood products, the North American blood centres collect more than eight million units of whole blood, which represents appropriately 50% of the US and Quebec, Canada?s volunteer donor blood supply. A case study of the quality inspection and inventory control concerns of the Central Blood Bank, located in the metropolitan area of Pittsburgh, PA, is presented. Initially, brief introduction to its general operating environment is followed by sections describing its general situation, quality-service initiatives, and followed by a fairly detailed discussion of the practical applications of lessons learned from the case study.

  14. An empirical study on the impact of operating risk on structure capital and profitability in Iranian banking sector

    Directory of Open Access Journals (Sweden)

    Mohammad Taghi Samadi

    2012-08-01

    Full Text Available Banking system plays an important role in boosting the economy and when they become profitable, they could help industries more efficiently. The proposed study of this paper attempts to investigate the effects of operating risk and capital structure on profitability of banking industry. The proposed study of this paper includes 17 commercial banks, which were active from 2006 to 2010 in Iran and the results of the study indicate that although there was a positive relationship between capital structure and profitability but there was no meaningful relationship between operating risk and capital structure. In addition, the results of our study mention that operating risks negatively impacts profitability and economic figures do not have any influence on profitability, operating risks and capital structure.

  15. [Skin and tissue bank: Operational model for the recovery and preservation of tissues and skin allografts].

    Science.gov (United States)

    Martínez-Flores, Francisco; Sandoval-Zamora, Hugo; Machuca-Rodriguez, Catalina; Barrera-López, Araceli; García-Cavazos, Ricardo; Madinaveitia-Villanueva, Juan Antonio

    2016-01-01

    Tissue storage is a medical process that is in the regulation and homogenisation phase in the scientific world. The international standards require the need to ensure safety and efficacy of human allografts such as skin and other tissues. The activities of skin and tissues banks currently involve their recovery, processing, storage and distribution, which are positively correlated with technological and scientific advances present in current biomedical sciences. A description is presented of the operational model of Skin and Tissue Bank at INR as successful case for procurement, recovery and preservation of skin and tissues for therapeutic uses, with high safety and biological quality. The essential and standard guidelines are presented as keystones for a tissue recovery program based on scientific evidence, and within an ethical and legal framework, as well as to propose a model for complete overview of the donation of tissues and organ programs in Mexico. Finally, it concludes with essential proposals for improving the efficacy of transplantation of organs and tissue programs. Copyright © 2015 Academia Mexicana de Cirugía A.C. Published by Masson Doyma México S.A. All rights reserved.

  16. Controlling operational risk : concepts and practices : a participant-observer research on the development of concepts and practices in controlling operational risk in a banking environment

    NARCIS (Netherlands)

    Tillaart, van den Alice Hendrika Adriana Johanna

    2003-01-01

    The subject of this thesis is controlling operational risk in a banking environment. Operational risk is defined as ¿the risk of losses resulting from inadequate or failed internal processes, people, systems, or from external events¿. The definition already points out that this is a broad subject th

  17. 12 CFR 250.143 - Member bank purchase of stock of foreign operations subsidiaries.

    Science.gov (United States)

    2010-01-01

    ... sections taken together already give member banks a great deal of organizational flexibility in conducting... engaged in activities that the bank itself could perform directly as an alternative organizational...

  18. Operating theater blood transaction system. A "virtual" blood transfusion service that brings the blood bank to the operating table.

    Science.gov (United States)

    Wong, K F; Lee, A W; Hui, H L; Chang, F K; Mak, C S; Kwan, A M

    1999-10-01

    We describe an operating theater blood transaction system (OTBTS) that is a novel computer software system incorporating electronic crossmatch and the concept of a "self-service" blood banking system in the operating theater. Through this system, the surgeons and the anesthetists can issue blood units for intraoperative transfusion for the patients with a negative antibody screen without the need for a porter service or pneumatic tube system. Since implementation of the OTBTS, the time for obtaining compatible blood for intraoperative transfusion has been reduced from 20 to 30 minutes to around 1 minute. Furthermore, the crossmatch-transfusion ratio was reduced to 1.05. The 23% of patients who required extra blood units (i.e., more than originally anticipated) during surgery further benefited from the system. The blood stock reserved for patients undergoing surgery was reduced by 20%. Therefore, the OTBTS is a system that can greatly enhance the efficiency and safety of intraoperative transfusion and can also save workforce resources.

  19. SYNERGISTIC EFFECTS OF TOTAL QUALITY MANAGEMENT AND OPERATIONAL RISK MANAGEMENT IN CENTRAL BANKS

    Directory of Open Access Journals (Sweden)

    Radoica Luburić

    2012-12-01

    Full Text Available This paper focuses on two very important and current approaches to management: Total Quality Management (TQM and Operational Risk Management (ORM. As a paradigm of business success, TQM provides the key assumptions for survival, development and success of an organisation, regardless of any limitations whatsoever. ORM, on the other hand, is predetermined to be an irreplaceable managerial tool that enables organisations to survive in any environment. In times of accelerated political, economic and technological changes, frequent natural disasters, acts of terrorism and other external events, a successful risk management has been gaining importance and becomes one of the key competitive advantages of an organisation. The ultimate objective is to make TQM and ORM, as two rather compatible and complementary approaches to risk management, harmonized, efficient and functional in order to get their synergistic effects in an organisation in full swing and practice. Various organisations, and thus central banks as conservative institutions, have an innovative opportunity to timely minimize their operational risk through preventive, comprehensive and synergistic operation of TQM and ORM and thus significantly contribute to improving their business performance.

  20. Business Plan for Launching a Luxury Adventure Tour Operator Based in Canada

    OpenAIRE

    Hung, Greg; Khlystov, Nikolai

    2011-01-01

    MOT Elite Travel Experiences (METE) is a tour operator and online travel agent start-up company based in Vancouver, British Columbia. METE is faced with the challenge of establishing itself as a business in the travel industry. However, recent advances in technology such as an increase in the number of broadband Internet users, search engine optimization, and the advent of smartphones have created an opportunity to capitalize on the growing popularity of online travel booking services. This t...

  1. Space Ops 2002: Bringing Space Operations into the 21st Century. Track 3: Operations, Mission Planning and Control. 2nd Generation Reusable Launch Vehicle-Concepts for Flight Operations

    Science.gov (United States)

    Hagopian, Jeff

    2002-01-01

    With the successful implementation of the International Space Station (ISS), the National Aeronautics and Space Administration (NASA) enters a new era of opportunity for scientific research. The ISS provides a working laboratory in space, with tremendous capabilities for scientific research. Utilization of these capabilities requires a launch system capable of routinely transporting crew and logistics to/from the ISS, as well as supporting ISS assembly and maintenance tasks. The Space Shuttle serves as NASA's launch system for performing these functions. The Space Shuttle also serves as NASA's launch system for supporting other science and servicing missions that require a human presence in space. The Space Shuttle provides proof that reusable launch vehicles are technically and physically implementable. However, a couple of problems faced by NASA are the prohibitive cost of operating and maintaining the Space Shuttle and its relative inability to support high launch rates. The 2nd Generation Reusable Launch Vehicle (2nd Gen RLV) is NASA's solution to this problem. The 2nd Gen RLV will provide a robust launch system with increased safety, improved reliability and performance, and less cost. The improved performance and reduced costs of the 2nd Gen RLV will free up resources currently spent on launch services. These resource savings can then be applied to scientific research, which in turn can be supported by the higher launch rate capability of the 2nd Gen RLV. The result is a win - win situation for science and NASA. While meeting NASA's needs, the 2nd Gen RLV also provides the United States aerospace industry with a commercially viable launch capability. One of the keys to achieving the goals of the 2nd Gen RLV is to develop and implement new technologies and processes in the area of flight operations. NASA's experience in operating the Space Shuttle and the ISS has brought to light several areas where automation can be used to augment or eliminate functions

  2. GUARANTEEING THE TROUBLE-FREE OPERATION OF CAPACITOR BANKS IN POWER-SUPPLY SYSTEMS OF INDUSTRIAL ENTERPRISES

    Directory of Open Access Journals (Sweden)

    D.A. Gapon

    2016-03-01

    Full Text Available Purpose. The problem of resonance phenomena in power systems of industrial enterprises using capacitor banks for reactive power compensation was detected. Circuit of the capacitor banks tier to downshift main substation tires is present. But there is no common algorithm to calculate and avoid such trouble. The main goal of this article is to introduce some basics for power supply systems with possible resonant circuits engineering. Methodology. At the first step the data on the change of the current in the chemical company network when changing capacitor banks value are received. For these purposes the oscilloscope function of digital protection relay was used. Current data samples were analyzed by spectrum detection software. Most significant levels of the 3rd and 5th harmonics were achieved. Comparison of harmonic distortion levels with and without capacitor bank is given. Results. Achieved data allow making conclusion about overloading reasons of capacitor banks while higher harmonics currents presence. A voltage and current harmonious composition measuring in the absence of power quality analyzers using digital protection relay terminals or emergencies registers are proposed. The necessity of power quality monitoring near capacitor banks connections to avoid resonance phenomena (current and voltage resonance in industrial power supply systems is proven. The control algorithm of capacitor banks to provide electromagnetic compatibility, while various modes of nonlinear load operation is given. Originality. Using of digital protection relay oscilloscoping for current resonant detection can allow to significally reduce time and cost of solution. Replacement parallel circuit comprising a branch and one active-inductive load to another branch network in the presence of higher harmonics source are proposed. Practical value. A sequence for measuring the levels of harmonic components at the connections of capacitor banks in the absence of specialized

  3. KNOWLEDGE AND LEARNING IN TERMS OF OPERATIONAL RISK MANAGEMENT IN THE FINANCIAL AND BANKING SYSTEMS

    Directory of Open Access Journals (Sweden)

    Radoica Luburic

    2016-09-01

    Full Text Available This paper is a part of the author`s wider research that examines the impact of operational risks on the functioning of financial organisations, with particular reference to central banks. The research clearly demonstrates the importance of the human factor in the timely identification and efficient management of operational risks. People are the basic strength of organisations; they are the source of innovation, as well as of good relations with customers and other interested parties. The paper highlights the illusion that people can be successful in improving products or providing better services without improving themselves as well. Any assessment of the impact of the human factor on the appearance, identification, and efficient management of operational risks is a very complex process. This has to be an ongoing process that develops through the development of the organisation, staff competences and motivation, as well as organisational culture. In particular, emphasis must be placed on the importance of learning and knowledge in both the recognition and the efficient management of operational risks. The paper identifies education as the foundation of knowledge and knowledge as the foundation of the long-term development of organisations. They grow in significance when employing a process approach to risk management, especially the connected roles of ?process owners? and ?risk owners? in effective process and risk management. It is also clearly shown that any defence against risk, is as strong as its weakest link, and the weakest link in the chain of defence is an untrained, demotivated or dissatisfied employee or team, who are unable to recognize risk on time.

  4. 12 CFR 250.141 - Member bank purchase of stock of “operations subsidiaries.”

    Science.gov (United States)

    2010-01-01

    ... of any corporation” (the statutory language), except as specifically permitted by provisions of... judicial. (e) In view of the relationship between the operation of certain subsidiaries and the branch... * * * shall be held to include any branch bank, branch office, branch agency, additional office, or any...

  5. Analysis of Operational Risk of Commercial Bank%商业银行操作风险浅析

    Institute of Scientific and Technical Information of China (English)

    于玥

    2012-01-01

    As a modem financial center, the safety and stability of banking industry is very important. With the deepening of economic globalization, the business that banks operation has involved more and more field. Continuous expansion of the scale results in the unceasingly increasing of complexity factors of the operation. Commercial Banks are facing more and more difficult operation risks. From the perspective of China, various major cases are occurred due to operating adverse. To promote China's operational risk management, we need analyzing the specific situation of operational risk in our country to make analysis, and then making more accurate judgment according to relevant features conditions, exactly understand operational risk, and put forward countermeasures of operating risk of China's commercial bank.%银行业作为现代金融业的中心,其安全性及稳定性十分重要.这些年以来,经济的全球化进程不断的加快,银行所经营的业务涉及到的领域越来越广.规模持续的扩展,造成经营的复杂性的因素不断的增多.商业银行面临着越来越棘手的操作的风险.从我国来看,最近这些年的,由于操作不利使得各种重大的案件发生的越来越多.为促进我国的操作风险管理,需对我国操作风险的具体状况作出分析,然后根据相关特征情况作出比较精准的判断,准确了解操作风险,进而提出我国商业银行操作风险对策.

  6. 14 CFR 417.111 - Launch plans.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Launch plans. 417.111 Section 417.111... TRANSPORTATION LICENSING LAUNCH SAFETY Launch Safety Responsibilities § 417.111 Launch plans. (a) General. A launch operator must implement written launch plans that define how launch processing and flight of a...

  7. Current status of cord blood banking during first two years of 'National Government-Assigned Public Cord Blood Banks Operation' in Korea.

    Science.gov (United States)

    Roh, Eun Youn; Lee, Jung Lim; Yoon, Jong Hyun; Kim, Su Yeon; Lee, Kyung Eun; Song, Do Young; Kim, Tai Gyu; Shin, Sue

    2014-10-01

    Cord blood (CB) has become a viable stem cell source for hematopoietic stem cell transplantation (HSCT), and public cord blood banks (CBBs) have been established to manage donated cord blood units (CBUs) for unrelated HSCT. As the potential uses for CB continue to grow, there is a global tendency to encourage public CBBs. The aim of this study was to investigate the current status of public CBBs that were designated and supported by the Korean national government. We analyzed 6,168 CBUs preserved at the 3 Government-Assigned Public CBBs during their first two years of operation (2012-2013) and the standard operating procedures for CB processing at each CBB. CBU inventories at ALLCORD, Catholic HSC Bank and Fatima Public CBB were 4,022, 1,207 and 939 units, respectively. Total nucleated cell (TNC) counts per unit were 11.0 × 10(8) at ALLCORD, 10.7 × 10(8) at Fatima and 9.8 × 10(8) at Catholic, and all far exceeded the requirement for cryopreservation under the law (7.0 × 10(8)). CD34(+) cell counts and % were as follows: 3.5 × 10(6) (0.31 %) in ALLCORD, 2.2 × 10(6) (0.20 %) in Fatima and 2.2 × 10(6) (0.22 %) in Catholic. All the three banks observed the 'CB Act' in dealing with CBUs, including collection, processing, laboratory tests and cryopreservation. Government supported and strictly law-abiding public CBBs in Korea have considerable CBU inventories of high quality in terms of efficacy and safety. Legislation and accompanying government-support will be helpful for establishing CB standardization, vitalizing CBT and improving clinical outcomes.

  8. Corporate governance in banks operating in Serbia with the majority foreign capital

    Directory of Open Access Journals (Sweden)

    Obradović Zoran

    2014-01-01

    Full Text Available The importance attached to successful corporate governance in banks derives primarily from the importance that the banks have in the financial and economic system of the country. Namely, banks are the only legally authorized depositing institutions and as such are the main generators of savings and financing for the needs of economy by supplying it with the working capital, in view of a relatively small share that the capital market has in the economic system. During many years of sanctions, isolation and bombardment, our companies have remained without working capital. In addition, the advent of foreign investments often does not imply that the parent companies are providing sufficient working capital, but this capital must be provided from the domestic banks. What derives from such a role of banks is their immediate responsibility for proper allocation of free funds to the economy and their best deployment.

  9. 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…

  10. Estimation of Bank Erosion Due To Reservoir Operation in Cascade (Case Study: Citarum Cascade Reservoir

    Directory of Open Access Journals (Sweden)

    Sri Legowo

    2009-11-01

    Full Text Available Sedimentation is such a crucial issue to be noted once the accumulated sediment begins to fill the reservoir dead storage, this will then influence the long-term reservoir operation. The sediment accumulated requires a serious attention for it may influence the storage capacity and other reservoir management of activities. The continuous inflow of sediment to the reservoir will decrease the capacity of reservoir storage, the reservoir value in use, and the useful age of reservoir. Because of that, the rate of the sediment needs to be delayed as possible. In this research, the delay of the sediment rate is considered based on the rate of flow of landslide of the reservoir slope. The rate of flow of the sliding slope can be minimized by way of each reservoir autonomous efforts. This effort can be performed through; the regulation of fluctuating rate of reservoir surface current that does not cause suddenly drawdown and upraising as well. The research model is compiled using the searching technique of Non Linear Programming (NLP.The rate of bank erosion for the reservoir variates from 0.0009 to 0.0048 MCM/year, which is no sigrificant value to threaten the life time of reservoir.Mean while the rate of watershed sediment has a significant value, i.e: 3,02 MCM/year for Saguling that causes to fullfill the storage capacity in 40 next years (from years 2008.

  11. Amendment to 2010 Italian guidelines for the establishment and operation of a donor human milk bank.

    Science.gov (United States)

    Arslanoglu, S; Bertino, E; Tonetto, P; De Nisi, G; Ambruzzi, A M; Biasini, A; Profeti, C; Spreghini, M R; Moro, G E

    2012-01-01

    The present paper is an amendment to the recent Italian Guidelines of human milk banking published in 2010. Working Group on Guidelines (Panel) of the Italian Association of Human Milk Banks (AIBLUD) states, in accordance with the European Union Comission's Amending Directive of January 2011, that the hard plastic feeding bottles used in the collection, storage and pasteurization of the human milk should be Bisphenol A (BPA) free. Until new evidence are available polycarbonate feeding bottles should not be used for collection, storage and pasteurization of human milk. The paper summarizes the former and current European Commission Directives and shows the related amending changes to the 2010 Italian Human Milk Banking Guidelines.

  12. 12 CFR 211.30 - Criteria for evaluating U.S. operations of foreign banks not subject to consolidated supervision.

    Science.gov (United States)

    2010-01-01

    ... bank's overall financial condition; (9) The managerial resources of the foreign bank, including the... the foreign bank generally and its role in the banking system in its home country; (12) The...

  13. GLOBALIZATION AND INTEGRATION INTO THE ECONOMIC AND MONETARY UNION-CHALLENGES FOR BANKS OPERATING IN ROMANIA

    Directory of Open Access Journals (Sweden)

    CORALIA EMILIA POPA

    2012-01-01

    Full Text Available This paper aims to present recent evolution, but also the consequences of globalization of the banking sector, considering different approaches of this phenomenon. Over time, the banking field has undergone important changes in both the applicable law of this area, and through the technologies used in satisfying the customers’ needs. The development of international markets has led to new opportunities and challenges for banks that transformed the domestic financial market into an arena where only the best survive and grow. On these grounds and in strict relation to positive and negative effects of globalization, we can speak of a constant evolution of its most important subsystems - the financial subsystems of the global economy. In this paper special importance is given to the banking field, the article presenting arguments through which this complex phenomenon called globalization may have important consequences on financial supervision and regulation.

  14. Linking East with West: Websites as a Public Relations Tool for American and Chinese Banks Operating in a Culturally-Evolving Chinese Society

    OpenAIRE

    2002-01-01

    In this thesis, three websites are explored in-depth and serve as a case study for an intercultural comparison of websites as public relations tools. The websites of Industrial and Commercial Bank of China (ICBC), Shanghai Pudong Development Bank (SPDB), and Citibank were evaluated for this specific study because they represent three models of current banks operating in a culturally-evolving Chinese society. The two-way symmetrical model of public relations and the personal influence model ha...

  15. Strengthening the Three Lines of Defence in Terms of More Efficient Operational Risk Management in Central Banks

    Directory of Open Access Journals (Sweden)

    Luburić Radoica

    2017-01-01

    Full Text Available This paper is the result of the author`s many years of multidisciplinary research in the areas of quality management and operational risk management. The main focus of the research is aimed at strengthening the model of the “three lines of defence” in terms of more efficient management of operational risks - those that arise as a result of inadequate and unsuccessful processes and systems, human factors, as well as those that can appear as a result of external events. The strengthening of the three lines of defence model is brought about through the synergy of quality management principles, the principles of risk management, and the total quality management approach. In essence, the term strengthening may be interpreted as a process of continual improvement. Business operations based on the principles of quality management and risk management allow central banks to be able to continuously improve their overall business performance. The principles of quality management contain properly aligned and matched best solutions from current management theory and practice. Designed to work together - and this essentially means in a consistent, synchronized and synergistic manner, the principles are translated into a series of requirements and guidelines of international standards suitable for implementation. Through their synergy, the principles of quality management and risk management, as well as approaches to total quality management form a clear, applicable and sustainable paradigm of successful management of central banks. Incorporation of the principles of quality management in central bank systems and processes would significantly strengthen the three lines of defence, in terms of efficient operational risk management, which this paper aims to show in a clear and comprehensive manner. Although any central bank is a specific institution, all the principles of quality management and risk management can be applied to its operations. In addition to

  16. Integrating an incident management system within a continuity of operations programme: case study of the Bank of Canada.

    Science.gov (United States)

    Loop, Carole

    2013-01-01

    Carrying out critical business functions without interruption requires a resilient and robust business continuity framework. By embedding an industry-standard incident management system within its business continuity structure, the Bank of Canada strengthened its response plan by enabling timely response to incidents while maintaining a strong focus on business continuity. A total programme approach, integrating the two disciplines, provided for enhanced recovery capabilities. While the value of an effective and efficient response organisation is clear, as demonstrated by emergency events around the world, incident response structures based on normal operating hierarchy can experience unique challenges. The internationally-recognised Incident Command System (ICS) model addresses these issues and reflects the five primary incident management functions, each contributing to the overall strength and effectiveness of the response organisation. The paper focuses on the Bank of Canada's successful implementation of the ICS model as its incident management and continuity of operations programmes evolved to reflect current best practices.

  17. Suitability for use of open market operations as a main tool of monetary control by the National bank of Moldova

    Directory of Open Access Journals (Sweden)

    Larisa MISTREAN

    2016-06-01

    Full Text Available The open-market have become the main instrument of monetary control in the developed countries, increased flexibility offered, from the point of view of volume of the monetary policy operations initiated by the central bank. They permit the establishment of impersonal relations between market participants, as well as inefficiency and to avoid market and of the economy, as a result of the direct control.

  18. Electronic Banking And Bank Performance In Nigeria

    African Journals Online (AJOL)

    2013-03-01

    Mar 1, 2013 ... However, the revolution in the banking industry in Nigeria started .... with the banks overall strategic and business plans, and adequate expertise should be employed to operate and ..... 2010 from http://www.bis./pub/bcbs/pdf.

  19. An empirical study for measure the relative performance of banking operations

    Directory of Open Access Journals (Sweden)

    Ali Akbar Aminbeidokhti

    2012-04-01

    Full Text Available Structure analysis plays an important role on increasing the efficiency of banking industry. A change in structure of business in this industry could change the profitability, significantly. The proposed study of this paper aims at structural analysis and comparative advantages for a governmental bank in a province of Semnan, Iran called Melli bank. The proposed study considers the effectiveness of four saving plans including current, loaned with no interest, short and long term based in three periods. It applies the change of location-share model, which includes provincial growth influence, structural growth and competitive growth as the determinant variables in saving rate. Findings indicate the disproportionate growth of saving rate in the Melli bank toward the other banks of the province in every 3 terms of the study. The research results show that short time saving in 2001 and 2004, loaned without interest and short term savings in 2001 and 2008, loaned without interest and long term savings in 2004 and 2008 had negative structural changes which indicate that the combination of discussed saving wasn’t desirable, but other savings benefits of desirable combination.

  20. 我国上市银行经营业绩研究%A Research on the Operating Results of China’s Listed Banks

    Institute of Scientific and Technical Information of China (English)

    刘金红

    2013-01-01

      采用杜邦模型分析方法,对我国上市银行2009年的经营业绩进行评价,并对提高我国上市商业银行的经营业绩提出建议。%The commercial banks are financial enterprises whose main operating targets are financial assets, credit services and pursue profit as their main goals. They are supposed to assume the functions of credit intermediary, payment intermediaries, credit creation and financial services functions. In recent years, with the rapid development of China's financial reform, the results of operations of the commercial banks and the ability to participate in international competition are growing stronger. The operating results of the listed banks in China in 2009 are analyzed and suggestions to improve the operating results of listed commercial banks in China are also put forward by using Du Pont model.

  1. Arianespace streamlines launch procedures

    Science.gov (United States)

    Lenorovitch, Jeffrey M.

    1992-06-01

    Ariane has entered a new operational phase in which launch procedures have been enhanced to reduce the length of launch campaigns, lower mission costs, and increase operational availability/flexibility of the three-stage vehicle. The V50 mission utilized the first vehicle from a 50-launcher production lot ordered by Arianespace, and was the initial flight with a stretched third stage that enhances Ariane's performance. New operational procedures were introduced gradually over more than a year, starting with the V42 launch in January 1991.

  2. Integrated Index in Consideration of Appropriate Plastic Recycling System in Waste Bank Operation

    OpenAIRE

    Firdaus Pambudi Noorhan; Dowaki Kiyoshi; Adhiutama Akbar

    2016-01-01

    Several appropriate technology had been developed to maintain plastic waste in society according to minimize environmental impact. Landfill is no longer appropriate to maintain plastic waste based on the environmental impact that might be occurred for instance. However in developing countries such as Indonesia, although plastic recycling technology have been promoted by maintain waste bank policy for support community willingness to exchange their recyclable waste with certain monetary values...

  3. Genomic Data Commons launches

    Science.gov (United States)

    The Genomic Data Commons (GDC), a unified data system that promotes sharing of genomic and clinical data between researchers, launched today with a visit from Vice President Joe Biden to the operations center at the University of Chicago.

  4. E-BANKING- MODERN BANKING SERVICES

    Directory of Open Access Journals (Sweden)

    MIRANDA PETRONELLA VLAD

    2009-05-01

    Full Text Available E-banking is the first of those banking services that really economize time, because it allows to the user to accomplish from behind the computer many operations in the bank account, represents the computational solution that allows to the holder to have

  5. Plasma Processes : Operation of a capacitor bank for plasma metal forming

    Indian Academy of Sciences (India)

    P Sarkar; S Chaturvedi; Raj Kumar; Rajesh Kumar; D Lathi; A Shyam; J Sonara

    2000-11-01

    Previously metal forming has been done using electromagnet in pulsed power mode, better known as magneform [1]. Here we will be presenting a different technique for metal forming. We are using water as a medium for this process. By discharging the stored electrical energy of the capacitor bank in water, we are getting the desired result i.e. to form (expand or compress) a wide range of workpiece to the desired shapes. The advantage of this method over conventional method is that it uses low power (negligible running cost). It does not require any post assembly cleaning degreasing and is hence environmentally ‘friendly’.

  6. Integrated Index in Consideration of Appropriate Plastic Recycling System in Waste Bank Operation

    Directory of Open Access Journals (Sweden)

    Firdaus Pambudi Noorhan

    2016-01-01

    Full Text Available Several appropriate technology had been developed to maintain plastic waste in society according to minimize environmental impact. Landfill is no longer appropriate to maintain plastic waste based on the environmental impact that might be occurred for instance. However in developing countries such as Indonesia, although plastic recycling technology have been promoted by maintain waste bank policy for support community willingness to exchange their recyclable waste with certain monetary values, there is no guarantee that community will fully accept plastic recycling technology. This research aims to assess the performance of plastic recycling in environmental and social aspects as its integrated index. From that assessment, appropriate strategies in plastic recycling will be delivered in this research. Environmental aspects will be assessed by using life cycle assessment (LCA through MiLCA software and selected by using data envelopment analysis (DEA. Social aspects will be analyzed by using qualitative and quantitative methodology such as observation, interview, secondary data, and questionnaires. Simulation and modelling will also developed by using agent-based modelling (ABM to describe social dynamic of community in supporting waste bank policy. The appropriate system of plastic recycling will be promoted as expected results for this research.

  7. A review of operational risk in banks and its role in the financial crisis

    Directory of Open Access Journals (Sweden)

    Erika de Jongh

    2013-11-01

    Full Text Available The role of operational risk in the 2007/2008 financial crisis is explored. The factors that gave rise to the crisis are examined and it is found that although the event is largely regarded as a credit crisis, operational risk factors played a significant role in fuelling its duration and severity. It is concluded that, from an operational risk perspective, 2008 was the worst on record. Considering the extensive role of operational risk in global financial calamities, suggestions are made to improve the management of this risk type.

  8. Notes on a remotely operated vehicle survey to describe reef ichthyofauna and habitats – Agulhas Bank, South Africa

    Directory of Open Access Journals (Sweden)

    Mapula S. Makwela

    2016-05-01

    Full Text Available Background: Despite their ecological and economic importance, reef habitats on the central Agulhas Bank, off the southern tip of Africa, remain poorly studied. The ichthyofauna of these habitats cannot be surveyed using trawl gear.Objective: Preliminary assessment of the use of a remotely operated vehicle (ROV to investigate the ichthyofauna associated with deep reef habitats on the central Agulhas Bank.Method: Underwater visual surveys were carried out during ROV dives (maximum duration 60 minutes; area covered approximately 800 m2; maximum dive depth 100 m.Results & discussion: The number of detected fish species (36 compares well with that reported from fishing surveys and commercial fisher data. Most (68% fishes appeared to be undisturbed by the ROV. Species saturation was reached after a maximum of 135 minutes survey time, but species numbers increased and saturation times shortened (34 minutes minimum with the introduction of bait.Conclusion:  ROV surveys may represent a non-extractive alternative to assess demersal ichthyofaunal diversity in relation to habitat structure and benthic cover on temperate reefs around South Africa.

  9. Evaluation of Product Launch

    OpenAIRE

    MARŠÁLKOVÁ, Nina

    2012-01-01

    This bachelor thesis deals with the evaluation of the launch of product on the market and the proposal of a more appropriate solution. Author has chosen company Aponia software, s.r.o. with a place of business in Brno. It is small company which produces and sells navigations for mobile devices. During writing this thesis author focus on the launch of navigation for operating system Android on the market.

  10. Statistical Analysis of Model Data for Operational Space Launch Weather Support at Kennedy Space Center and Cape Canaveral Air Force Station

    Science.gov (United States)

    Bauman, William H., III

    2010-01-01

    The 12-km resolution North American Mesoscale (NAM) model (MesoNAM) is used by the 45th Weather Squadron (45 WS) Launch Weather Officers at Kennedy Space Center (KSC) and Cape Canaveral Air Force Station (CCAFS) to support space launch weather operations. The 45 WS tasked the Applied Meteorology Unit to conduct an objective statistics-based analysis of MesoNAM output compared to wind tower mesonet observations and then develop a an operational tool to display the results. The National Centers for Environmental Prediction began running the current version of the MesoNAM in mid-August 2006. The period of record for the dataset was 1 September 2006 - 31 January 2010. The AMU evaluated MesoNAM hourly forecasts from 0 to 84 hours based on model initialization times of 00, 06, 12 and 18 UTC. The MesoNAM forecast winds, temperature and dew point were compared to the observed values of these parameters from the sensors in the KSC/CCAFS wind tower network. The data sets were stratified by model initialization time, month and onshore/offshore flow for each wind tower. Statistics computed included bias (mean difference), standard deviation of the bias, root mean square error (RMSE) and a hypothesis test for bias = O. Twelve wind towers located in close proximity to key launch complexes were used for the statistical analysis with the sensors on the towers positioned at varying heights to include 6 ft, 30 ft, 54 ft, 60 ft, 90 ft, 162 ft, 204 ft and 230 ft depending on the launch vehicle and associated weather launch commit criteria being evaluated. These twelve wind towers support activities for the Space Shuttle (launch and landing), Delta IV, Atlas V and Falcon 9 launch vehicles. For all twelve towers, the results indicate a diurnal signal in the bias of temperature (T) and weaker but discernable diurnal signal in the bias of dewpoint temperature (T(sub d)) in the MesoNAM forecasts. Also, the standard deviation of the bias and RMSE of T, T(sub d), wind speed and wind

  11. Launch Vehicle Control Center Architectures

    Science.gov (United States)

    Watson, Michael D.; Epps, Amy; Woodruff, Van; Vachon, Michael Jacob; Monreal, Julio; Levesque, Marl; Williams, Randall; Mclaughlin, Tom

    2014-01-01

    Launch vehicles within the international community vary greatly in their configuration and processing. Each launch site has a unique processing flow based on the specific launch vehicle configuration. Launch and flight operations are managed through a set of control centers associated with each launch site. Each launch site has a control center for launch operations; however flight operations support varies from being co-located with the launch site to being shared with the space vehicle control center. There is also a nuance of some having an engineering support center which may be co-located with either the launch or flight control center, or in a separate geographical location altogether. A survey of control center architectures is presented for various launch vehicles including the NASA Space Launch System (SLS), United Launch Alliance (ULA) Atlas V and Delta IV, and the European Space Agency (ESA) Ariane 5. Each of these control center architectures shares some similarities in basic structure while differences in functional distribution also exist. The driving functions which lead to these factors are considered and a model of control center architectures is proposed which supports these commonalities and variations.

  12. 12 CFR 614.4352 - Farm Credit Banks and agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Banks and agricultural credit banks. 614.4352 Section 614.4352 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending and Leasing Limits § 614.4352 Farm Credit Banks and agricultural...

  13. The Management of Operational Risk Specific to Non-banking Financial Institutions in the Context of Actual Financial Crisis

    Directory of Open Access Journals (Sweden)

    Nicolae DARDAC

    2010-04-01

    Full Text Available The current financial crisis is not a singular event in the history of crisis episodes. The essential difference between past episodes of financial turmoil and the actual crisis is the unprecedented severity, the pace of contagion and its global size. Financial markets have been seriously disturbed, threatening the robustness of financial institutions and their ability to meet current needs to properly manage the risk. One such risk is operational risk, which has become an important source of loss not only for credit institutions but, especially, for non-banking financial institutions (NFI. In this context, the main purpose of this study is to present the best techniques and methods of managing this risk, less addressed problem in the literature from our country.

  14. 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.

  15. 12 CFR 615.5144 - Banks for cooperatives and agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Banks for cooperatives and agricultural credit banks. 615.5144 Section 615.5144 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Investment Management §...

  16. 12 CFR 614.4070 - Loans and chartered territory-Farm Credit Banks, agricultural credit banks, Federal land bank...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Loans and chartered territory-Farm Credit Banks... ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Chartered Territories § 614.4070 Loans and chartered territory—Farm Credit Banks, agricultural credit banks, Federal land bank associations,...

  17. The potential impact of explicit Basel II operational risk capital charges on the competitive environment of processing banks in the United States

    OpenAIRE

    Patrick de Fontnouvelle; Victoria Garrity; Scott Chu; Rosengren, Eric S.

    2005-01-01

    Basel II replaces Basel I’s implicit capital charge on operational risk with an explicit charge. Certain U.S. banks concentrated in processing-related business lines – which have significant operational risk – could thus face an increase in overall minimum regulatory capital requirements. Some have argued that, as a result, these so-called “processing banks” would be disadvantaged vis-à-vis competitors not subject to regulatory capital requirements for operational risk. This paper evaluates t...

  18. Quality management indicators for tissue banks: an operative model from the period of 2002-2007.

    Science.gov (United States)

    Saldías, M; Alvarez, I; Pérez Campos, H; Sánchez, G; Acosta, M

    2009-10-01

    The purpose of this study was to determine a specific indicator model to evaluate the Quality Management System (QMS) in Tissue Banks (TB) for deceased and/or live donors. Quantitative Indicators for Quality Management are considered for deceased donors as the origin of therapeutic tissues. A glossary of definitions was established (also applicable for tissues from live donors): Deceased Therapeutic Real Donors (DTRD), donors that were processed and at least 1 tissue was harvested for a therapeutic purpose; Deceased Effective Donors (DED), DTRD in which 1 or more tissues were validated, stored, and/or grafted; Processed Tissues (PT), number of tissues harvested from a DTRD, which were processed and counted as final product units; Validated Tissues (VT), number of tissues as final product units, which fulfilled quality criteria to be grafted; Grafted Tissues (GT), number of transplanted tissues for therapeutic purposes; and Grafted Patients (GP), number of patients who were grafted with validated tissues. MANAGEMENT QUANTITATIVE INDICATORS: Deceased donors were considered from 2002 to 2007. The total number of tissues was 15,363: Productivity Index (PI), PI = DED/DTRD; Processing Quality Rate (PQR), PQR = VT/PT%; Productivity Efficiency per Donor (PED), PED = VT/DED; Grafted Tissues Coefficient (GTC), GTC = GT/VT; and Grafted Patients Index per Donor (GID), GID = GP/DED. Results were as follows: PI = 0.80; PQR = 76%; PED = 30.99; GTC = 0.93; and GID = 4. In our study, 80% of DTRD produced VT (PI = 0.80), which represented 76% of PT (average, 31 final products per donor). Also, 93% of the VT were grafted with 5 patients grafted per donor. Defined variables resulted in useful tools to evaluate QMS in a TB.

  19. 12 CFR 619.9060 - Bank for cooperatives.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Bank for cooperatives. 619.9060 Section 619.9060 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9060 Bank for cooperatives. A bank for cooperatives is a bank that is operating under section 3.0 of the Act....

  20. Assessment of the Middle Administrative Leadership's Awareness of the Implementation of the Concept of Total Quality Management (TQM in Commercial Banks operating in Jordan

    Directory of Open Access Journals (Sweden)

    Firas Mohammed Al Rawashdeh, Dr.

    2014-06-01

    Full Text Available This study aims to identify the role of the modern concept of total quality management (TQM and how it is applied by the middle management that links between senior management and clients in the most important service sector: banks. It also aims to identify the middle management's awareness and understanding of the concept and importance of applying total quality management in commercial banks operating in Jordan. In general, the study found that there is a high awareness and understanding of the concept of total quality management. Middle management is also fully aware of the meaning and importance of total quality, but the role of middle management in the application of total quality management in commercial banks was very low. There are obstacles hindering the application of Total Quality Management. Therefore, the study recommended that middle management should be given the opportunity to apply Total Quality Management, because the role of this management is executive and has an important role in this area. There should be therefore a training plan with a timetable for all levels of management in the bank, and the banks should provide effective communication channels to identify customers’ needs, and create distinguished human relations among the staff. The workers should also be involved in the formulation of the vision and message of the bank. The researcher also recommended that there should be specialized administrative units interested in total quality management.

  1. Determinents of profitability – a comparative analysis of islamic banks and conventional banks in ASEAN countries

    OpenAIRE

    Wahidudin, AHMAD Nazri; Subramaniam, ULAGANATHAN; Pg. Kamaluddin, PENGIRAN. Abd Mutalib

    2012-01-01

    The profit and loss sharing system allows bank to share risk with client in Islamic banks. Moreover Islamic banks are required to operate as per Islamic Rules and principles. Unlike Islamic banks, conventional banks operate based on interest. The income of conventional banks is the difference between interest paid to depositors and interest paid by borrowers. This is the common banking system around the world. This study will analyze determinants of profitability in Islamic banks will be co...

  2. 中国对英国邱园的千年种子库计划的贡献%Chinese Contribution to the Millennium Seed Bank Project Launched by the Royal Botanic Gardens, Kew

    Institute of Scientific and Technical Information of China (English)

    芦笛

    2013-01-01

    As one of the largest botanic gardens in the world, the Royal Botanic Gardens, Kew launched the Millennium Seed Bank project in 2000, aiming to conserve the seeds of 10% of the seed­bearing flora in order to cope with the unpredictable deterioration in the ecological environment in the future. This project has gained support from 123 partners distributed in 54 countries since then, and the Bank has successfully conserved the seeds of over 24 000 species. China joined the project in 2004 and had contributed 247 accessions, consisting of 232 species which distribute in 52 families and 139 genera. Kunming Institute of Botany, Chinese Academy of Sciences contributed most of the species which are collected in Yunnan and are unique to China. In terms of the germination, the quality of the seed is quite good.%  作为世界最大的植物园之一,英国邱区的皇家植物园(简称“邱园”)于2000年发起了“千年种子库”计划,旨在保存全世界10%的种子植物的种子,以应对未来不可预测的生态环境恶化。该计划自实施以来得到了来自54个国家123个合作伙伴的支持,种子库截止2010年已经保存了世界各地2万4千多种植物的种子。中国于2004年正式参加该计划,截止2012年12月31日已为种子库贡献了52科139属232种,共247个登记数的种子,其中大多是中国特有的种,这些种子绝大部分采自云南。从发芽率来看,种子质量很高。

  3. Money in the Bank. Lessons Learned from Past Counterinsurgency (COIN) Operations

    Science.gov (United States)

    2007-01-01

    Derechos Humanos de El Salvador] CIA Central Intelligence Agency COIN counterinsurgency CORDS Civil Operations and Revolutionary Development Support...within the framework of the principles of Islam , although most of the population remained ambivalent until the Front de Libération Nationale (FLN...principles of Islam .”2 The basic thrust of the FLN’s strategy during the initial stages of the war focused on creat- ing resistance groups and cells

  4. Opening discussion on banking sector risk exposures and vulnerabilities from virtual currencies: An operational risk perspective

    OpenAIRE

    Peters, Gareth W.; Ariane Chapelle; Efstathios Panayi

    2014-01-01

    We develop the first basic Operational Risk perspective on key risk management issues associated with the development of new forms of electronic currency in the real economy. In particular, we focus on understanding the development of new risks types and the evolution of current risk types as new components of financial institutions arise to cater for an increasing demand for electronic money, micro-payment systems, Virtual money and cryptographic (Crypto) currencies. In particular, this pape...

  5. On the Far Bank: The Effects of Gap Crossing on Operational Reach

    Science.gov (United States)

    2015-05-25

    thrust to the north, with all forces involved under his command and full priority for the dwindling Allied resources and supplies.31 This thrust would...highway that led from the current Allied front line to the bridgehead at Arnhem. The plan called for the Guards Armoured Division to lead the charge...second in order of march to the Guards Armoured Division. Most of this capability, however, remained at the starting point of the operation at an

  6. FEATURES OF THE SCHEMES OF CASH PAYMENTS AND BANKING OPERATIONS WITH MONEY LAUNDERING

    Directory of Open Access Journals (Sweden)

    Irina N. Mihailova

    2014-01-01

    Full Text Available The scientific article is devoted to problems of identification schemes origin of the property and money by making a wide range of transactions and financial operations in business and other economic activity, which is carried out by change of the nominal owner of the property (front companies. In most cases, these transactions have no economic sense. For the legislation of criminal possession of property transactions are documented. In the process of legalization of income obtained illegally are in the form of goods, funds, securities, property rights, which require constant perfection of methods for the detection of fraudulent schemes.

  7. Quantitative modeling of operational risk in finance and banking using possibility theory

    CERN Document Server

    Chaudhuri, Arindam

    2016-01-01

    This book offers a comprehensive guide to the modelling of operational risk using possibility theory. It provides a set of methods for measuring operational risks under a certain degree of vagueness and impreciseness, as encountered in real-life data. It shows how possibility theory and indeterminate uncertainty-encompassing degrees of belief can be applied in analysing the risk function, and describes the parametric g-and-h distribution associated with extreme value theory as an interesting candidate in this regard. The book offers a complete assessment of fuzzy methods for determining both value at risk (VaR) and subjective value at risk (SVaR), together with a stability estimation of VaR and SVaR. Based on the simulation studies and case studies reported on here, the possibilistic quantification of risk performs consistently better than the probabilistic model. Risk is evaluated by integrating two fuzzy techniques: the fuzzy analytic hierarchy process and the fuzzy extension of techniques for order prefere...

  8. Low energy stage study. Volume 3: Conceptual design, interface analysis, flight and ground operations. [launching space shuttle payloads

    Science.gov (United States)

    1978-01-01

    Low energy conceptual stage designs and adaptations to existing/planned shuttle upper stages were developed and their performance established. Selected propulsion modes and subsystems were used as a basis to develop airborne support equipment (ASE) design concepts. Orbiter installation and integration (both physical and electrical interfaces) were defined. Low energy stages were adapted to the orbiter and ASE interfaces. Selected low energy stages were then used to define and describe typical ground and flight operations.

  9. 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.

  10. 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.

  11. IMPROVING THE SYSTEM OF MONITORING OF THE ASSETS AND OPERATIONS OF THE BANKING SECTOR IN COMBATING THE CRIMINAL RECEIPT OF INCOME

    Directory of Open Access Journals (Sweden)

    Irina N. Mihailova

    2014-01-01

    Full Text Available Important area for further information base work on combating money laundering is to extend the scope of financial monitoring by including in the number of organizations whose operations with monetary funds or other property subject to monitoring laundering, economic subjects, activity of which creates favorable conditions for laundering of such income. The Central place in countering unfair legalization given to the banking sector. In the scientific article is devoted to the topical issues of integration of system of financial monitoring and banking sector in the interests of solving the stated problem.

  12. A Monte Carlo Analysis of the Thrust Imbalance for the Space Launch System Booster During Both the Ignition Transient and Steady State Operation

    Science.gov (United States)

    Foster, Winfred A., Jr.; Crowder, Winston; Steadman, Todd E.

    2014-01-01

    This paper presents the results of statistical analyses performed to predict the thrust imbalance between two solid rocket motor boosters to be used on the Space Launch System (SLS) vehicle. Two legacy internal ballistics codes developed for the Space Shuttle program were coupled with a Monte Carlo analysis code to determine a thrust imbalance envelope for the SLS vehicle based on the performance of 1000 motor pairs. Thirty three variables which could impact the performance of the motors during the ignition transient and thirty eight variables which could impact the performance of the motors during steady state operation of the motor were identified and treated as statistical variables for the analyses. The effects of motor to motor variation as well as variations between motors of a single pair were included in the analyses. The statistical variations of the variables were defined based on data provided by NASA's Marshall Space Flight Center for the upgraded five segment booster and from the Space Shuttle booster when appropriate. The results obtained for the statistical envelope are compared with the design specification thrust imbalance limits for the SLS launch vehicle.

  13. LM-2C Series Launch Vehicles

    Institute of Scientific and Technical Information of China (English)

    XueFuxing

    2004-01-01

    On December 30, 2003, a LM-2C/SM launch vehicle was launched from Xichang Satellite Launch Center (XSLC), successfully sending TC-1 satellite into orbit. The satellite is the first one of the two scientific satellites known as Double Star. The operation orbit of the satellite is the highest compared with China's other satellites ever launched.

  14. Varying Impacts of Electronic Banking on the Banking Industry

    OpenAIRE

    Sali Bakare

    2015-01-01

    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 ...

  15. 14 CFR 417.13 - Agreement with Federal launch range.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Agreement with Federal launch range. 417.13... Agreement with Federal launch range. Before conducting a licensed launch from a Federal launch range, a launch operator must— (a) Enter into an agreement with a Federal launch range to provide access to...

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

    OpenAIRE

    Ahmad Y. Areiqat; Aymen M. Abu-Errub; Badi S. AL-Rawashdeh; Mohammad Dbbaghieh

    2012-01-01

    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 ...

  17. 招商银行后台业务运营集中管理分析%Analysis of Centralized Management in Background Operation of China Merchants Bank

    Institute of Scientific and Technical Information of China (English)

    黄海波

    2012-01-01

      With the full integration of Chinese economy into the world economic system , the Chinese financial service industry is facing Analysis serious challenge and fierce competition. Under this condition,commercial banks in China must strengthen thecentralized management in background operation. This paper starts from studying the centralized management in background operation in the western country commercial banks,and analyzes the four stages of development as well as five characteristic of centralized management in background operation of these advanced banks. Meanwhile,this paper looks into the current situa⁃tion and deficiency of China Merchants Bank background operation,and points out the necessity of centralized management of background operation to the bank. At last,this paper puts forward the author’s thoughts on China Merchants Bank centralized management in background operation from five perspectives.%  在我国经济已全方面融入世界经济体系的条件下,我国金融服务业面临着严峻的挑战和激烈的竞争。这迫切需要商业银行加强后台业务运营的集中管理。本文从国外先进银行后台业务运营集中管理的研究出发,分析了国外先进银行后台业务运营集中管理的四个发展阶段,阐述了后台业务运营集中管理的五个特点。同时,从招商银行后台业务运营管理的现状和不足,指出了后台业务集中管理的必要性。最后,从五个方面提出了招商银行后台业务运营集中管理的思考。

  18. Bank Insolvency Procedures and Market Discipline in European Banking

    DEFF Research Database (Denmark)

    Angkinand, Apanard; Wihlborg, Clas

    2005-01-01

    Predetermined, operational procedures for dealing with banks in distress are conspicuously absent across the world with very few exceptions. Instead governments and regulatory authorities intervene when banks approach failure. Bail-outs of important creditors, sometimes including shareholders...

  19. Greece and the Missing Banking Union

    DEFF Research Database (Denmark)

    N. Gordon, Jeffery; Ringe, Georg

    2015-01-01

    The Greek Crisis is a crisis rather than a problem due to the vulnerability of Greek banks. While the banks have deep problems, this column argues that these would have been mitigated if a fully operational banking union were in place. A full banking union requires joint banking supervision, joint...... bank resolution, and joint deposit insurance. The EZ only has the first so far. Completing the banking union must be part of any long-term solution....

  20. Greece and the Missing Banking Union

    DEFF Research Database (Denmark)

    N. Gordon, Jeffery; Ringe, Georg

    2015-01-01

    The Greek Crisis is a crisis rather than a problem due to the vulnerability of Greek banks. While the banks have deep problems, this column argues that these would have been mitigated if a fully operational banking union were in place. A full banking union requires joint banking supervision, joint...... bank resolution, and joint deposit insurance. The EZ only has the first so far. Completing the banking union must be part of any long-term solution....

  1. 12 CFR 7.1002 - National bank acting as finder.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false National bank acting as finder. 7.1002 Section... OPERATIONS Bank Powers § 7.1002 National bank acting as finder. (a) General. It is part of the business of banking under 12 U.S.C. 24(Seventh) for a national bank to act as a finder, bringing together...

  2. 12 CFR 614.4020 - Banks for cooperatives.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Banks for cooperatives. 614.4020 Section 614.4020 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending Authorities § 614.4020 Banks for cooperatives. (a) Banks for cooperatives are authorized to...

  3. 12 CFR 614.4355 - Banks for cooperatives.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Banks for cooperatives. 614.4355 Section 614.4355 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending and Leasing Limits § 614.4355 Banks for cooperatives. No bank for cooperatives may make a loan...

  4. Retail Banking

    Directory of Open Access Journals (Sweden)

    Adam Szafarczyk

    2008-07-01

    Full Text Available 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.

  5. Baseline assessment of benthic communities of the Flower Garden Banks (2010 - 2013) using technical diving operations: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The work developed baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys employed diving,...

  6. Baseline assessment of fish communities of the Flower Garden Banks (2010 - 2013) using technical diving operations: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will...

  7. Baseline assessment of benthic communities of the Flower Garden Banks (2010 - 2013) using technical diving operations: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will...

  8. Baseline assessment of fish communities of the Flower Garden Banks (2010 - 2013) using technical diving operations: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will employ...

  9. Baseline assessment of benthic communities of the Flower Garden Banks (2010 - 2013) using technical diving operations: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will employ...

  10. Bank Diversification Effects on Bank Performance and Risk Profile of Bank in Indonesia

    Directory of Open Access Journals (Sweden)

    Anthony Lukmawijaya

    2015-05-01

    Full Text Available We investigate the relationship of Indonesian bank diversification towards its long term performance and risk profile with Indonesian bank data from 2009 to 2013. Non-interest income to total operating income of the bank measures its bank diversification level. Bank value is measured by the adjusted Tobin's Q and risk profile which is broken down into total risk, idiosyncratic risk, and systematic risk. The result shows that bank non-interest income diversification has a positive influence on its franchise value. There is, however, no strong evidence that diversification can lower a bank's risk profile.

  11. Bank Record Processing

    Science.gov (United States)

    1982-01-01

    Barnett Banks of Florida, Inc. operates 150 banking offices in 80 Florida cities. Banking offices have computerized systems for processing deposits or withdrawals in checking/savings accounts, and for handling commercial and installment loan transactions. In developing a network engineering design for the terminals used in record processing, an affiliate, Barnett Computing Company, used COSMIC's STATCOM program. This program provided a reliable network design tool and avoided the cost of developing new software.

  12. Pengaruh Capital Adequacy Ratio, Non Performing Loan, Operational Efficiency Ratio, Financing To Deposit Ratio Terhadap Return On Asset Bank Mega Syariah Indonesia

    OpenAIRE

    Nainggolan, Benget M.

    2011-01-01

    Tujuan dari penulisan skripsi ini adalah untuk menganalisis Pengaruh Capital Adequacy Ratio, Non Performing Loan, Operational Efficiency Ratio, Financing to Deposit Ratio terhadap Return On Asset Bank Mega Syariah Indonesia Jenis data yang akan diolah dan diteliti adalah data sekunder berupa laporan keuangan seperti neraca dan laporan laba-rugi serta bahan publikasi lain yang relevan dengan permasalahan yang diteliti. Tahun buku akuntansi yang dipilih adalah tahun buku 2007 sampai dengan t...

  13. THE EPISTEMOLOGICAL PERSPECTIVE OF FRACTIONAL RESERVE BANKING AND FULL RESERVE BANKING: WHERE ISLAMIC BANKING SHOULD STAND?

    National Research Council Canada - National Science Library

    Yaser Taufik Syamlan

    2017-01-01

    Objectives – this research is aimed to compare those epistemological bases to the mindset of Islamic Bank and try to drive the philosophy in practical operation whether based on the Fractional Reserve Banking Sytem (RBS) or 100...

  14. 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.

  15. Impact of selection of cord blood units from the United States and swiss registries on the cost of banking operations.

    Science.gov (United States)

    Bart, Thomas; Boo, Michael; Balabanova, Snejana; Fischer, Yvonne; Nicoloso, Grazia; Foeken, Lydia; Oudshoorn, Machteld; Passweg, Jakob; Tichelli, Andre; Kindler, Vincent; Kurtzberg, Joanne; Price, Thomas; Regan, Donna; Shpall, Elizabeth J; Schwabe, Rudolf

    2013-02-01

    Over the last 2 decades, cord blood (CB) has become an important source of blood stem cells. Clinical experience has shown that CB is a viable source for blood stem cells in the field of unrelated hematopoietic blood stem cell transplantation. Studies of CB units (CBUs) stored and ordered from the US (National Marrow Donor Program (NMDP) and Swiss (Swiss Blood Stem Cells (SBSQ)) CB registries were conducted to assess whether these CBUs met the needs of transplantation patients, as evidenced by units being selected for transplantation. These data were compared to international banking and selection data (Bone Marrow Donors Worldwide (BMDW), World Marrow Donor Association (WMDA)). Further analysis was conducted on whether current CB banking practices were economically viable given the units being selected from the registries for transplant. It should be mentioned that our analysis focused on usage, deliberately omitting any information about clinical outcomes of CB transplantation. A disproportionate number of units with high total nucleated cell (TNC) counts are selected, compared to the distribution of units by TNC available. Therefore, the decision to use a low threshold for banking purposes cannot be supported by economic analysis and may limit the economic viability of future public CB banking. We suggest significantly raising the TNC level used to determine a bankable unit. A level of 125 × 10(7) TNCs, maybe even 150 × 10(7) TNCs, might be a viable banking threshold. This would improve the return on inventory investments while meeting transplantation needs based on current selection criteria.

  16. Small Space Launch: Origins & Challenges

    Science.gov (United States)

    Freeman, T.; Delarosa, J.

    2010-09-01

    The United States Space Situational Awareness capability continues to be a key element in obtaining and maintaining the high ground in space. Space Situational Awareness satellites are critical enablers for integrated air, ground and sea operations, and play an essential role in fighting and winning conflicts. The United States leads the world space community in spacecraft payload systems from the component level into spacecraft, and in the development of constellations of spacecraft. In the area of launch systems that support Space Situational Awareness, despite the recent development of small launch vehicles, the United States launch capability is dominated by an old, unresponsive and relatively expensive set of launchers in the Expandable, Expendable Launch Vehicles (EELV) platforms; Delta IV and Atlas V. The United States directed Air Force Space Command to develop the capability for operationally responsive access to space and use of space to support national security, including the ability to provide critical space capabilities in the event of a failure of launch or on-orbit capabilities. On 1 Aug 06, Air Force Space Command activated the Space Development & Test Wing (SDTW) to perform development, test and evaluation of Air Force space systems and to execute advanced space deployment and demonstration projects to exploit new concepts and technologies, and rapidly migrate capabilities to the warfighter. The SDTW charged the Launch Test Squadron (LTS) with the mission to develop the capability of small space launch, supporting government research and development space launches and missile defense target missions, with operationally responsive spacelift for Low-Earth-Orbit Space Situational Awareness assets as a future mission. This new mission created new challenges for LTS. The LTS mission tenets of developing space launches and missile defense target vehicles were an evolution from the squadrons previous mission of providing sounding rockets under the Rocket

  17. 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......, where the parent company holds unsecured term debt sufficient to cover losses at its operating financial subsidiaries. This would facilitate a ‘single point of entry’ resolution procedure, minimising the risk of creditor runs and destructive ring-fencing by national regulators....

  18. On the Impact of Operation Mechanism on Performance of Commercial Banks%经营机制变化对商业银行绩效的影响

    Institute of Scientific and Technical Information of China (English)

    支俊立; 曹晶

    2016-01-01

    本文在对商业银行绩效多维量化的基础上,对上市的17家大型商业银行2005年到2014年10年间绩效影响因素进行分析,从银行本身的营运、成长能力方面探索银行经营机制变化对商业银行绩效的影响。研究表明:营运能力对于商业银行风险抵御能力的影响大于其对于效率的影响,对技术效率的影响大于对纯技术效率的影响和规模效率的影响,同时国有商业银行对营运能力指标的相关性更大;成长能力对股份制商业银行的重要性要远大于其对国有商业银行产生的作用,资产和规模的增加能够提高银行的效率和风险抗性。%Based on the multidimensional performance of commercial banks, we analyze the performances of 17 large commercial banks which are listed on Shanghai, Shenzhen and Hong Kong stock markets for a ten-year period and study the performance-influential factors. From the perspective of managing manners such as operating abilities and growth capacity, it is found that the operating capacity for commercial banks has a greater influence on the risk resisting ability and technical efficiency, especially for the state-owned commercial banks. On the other hand, growth capacity is more influential for joint-stock commercial banks. For all banks, the increase of assets and scale is always able to improve their efficiency and risk resistance.

  19. THE COMPREHENSIVE ANALYSIS OF THE TURKISH ISLAMIC BANKING SYSTEM AND THE HUNGARIAN BANKING SYSTEM

    OpenAIRE

    Talos, Livia

    2016-01-01

    After the 2008 economic crisis, special attention was given to alternative financing techniques, and so to Islamic banks. During the crisis the stability of the Islamic banks was higher than the stability of the conventional banks.The major source of revenue of the conventional banks is interest and other income from speculative transactions, so a conventional bank can shows higher results than an Islamic bank. Islamic banks operate on religious principles, so many activities are forbidden to...

  20. Military Bankers: Fact or Fiction? The Role of the Military in Reestablishing a Banking System during a Military Stability Operation

    Science.gov (United States)

    2011-06-10

    ACRONYMS AFHQ Anglo-American Allied Forces Headquarters AMGOT Allied Military Government of Occupied Territory AMIK Association of Microfinance ...of licensing procedures of the CBK.134 The second area of assistance by the World Bank supported the Association of Microfinance Institution of...Kosovo (AMIK) and others in developing microfinance industry in Kosovo. This consists of training in technical issues, management, planning and

  1. Perspectives of co-operation with the World Bank towards elimination of low emission sources in Krakow

    Energy Technology Data Exchange (ETDEWEB)

    Goerlich, K.

    1995-12-31

    I am not going to speak about or for the World Bank. More time and a different scope of the conference would be needed in order to more deeply assess the role of the World Bank and other international lenders and donors in the environmental and energy sectors in Poland. I am going to stay within the context of the Krakow Clean Fossil Fuels and Energy Efficiency Project financed by the US AID and managed by the US DOE (called here for simplicity the Krakow Programme). However, in order to assess a role of the World Bank and other international lenders and donors in the pro-environment transformation of the energy systems of Krakow, one needs to briefly discuss: the possibilities and confinements related to the {open_quotes}technology{close_quotes} of disbursement of the financial resources by the multilateral development banks (MDB`s) in Poland, the type of results obtained within the {open_quotes}Krakow Programme{close_quotes} and a concept of involving American commercial companies to implement the clean-air policy for Krakow.

  2. The banking system of liquidity risk management in commercial banks in Kosovo for 2015

    National Research Council Canada - National Science Library

    Adnan Berisha

    2017-01-01

    .... In this research we are focused on the Commercial Banks operating in the framework of the banking sector in Kosovo, what is their capital, how many banks have local- and how many have foreign capital...

  3. Perbandingan Penawaran Investasi Depostio Bank Syariah

    Directory of Open Access Journals (Sweden)

    Hery Harjono Muljo

    2010-05-01

    Full Text Available From the beginning, the sharia banks operation is always supporting mosleem expectations. Economic recovery, fairness, security, and comfortness aspects are became ultimate goals of sharia bank in Indonesia. This research is comparing the investment deposits from 3 sharia banks, and 4 business units of sharia, by using comparative descriptive analysis. The comparative variables were devided into 3 categories; there are Nisbah (profit sharing, investment conditions, and bank fascilities. The results indicates that BNI has the highest nisbah between all sharia banks at the first category. Bank Muamalat Indonesia, BNI Sharia, Bank Sharia Mega Indonesia has the lowest openning balance of time-deposits at second category . The product fascility as the third category, indicates that Bank Sharia Mandiri, BNI Sharia, Bank Sharia Mega Indonesia, and Bank Muamalat can using multi currency. BTN Sharia, Bank Sharia Mega Indonesia, Bank Muamalat Indonesia, and Bank Danamon Sharia were also offer joint account in their sharia investment. 

  4. Perbandingan Penawaran Investasi Depostio Bank Syariah

    Directory of Open Access Journals (Sweden)

    Hery Harjono Muljo

    2010-04-01

    Full Text Available From the beginning, the sharia banks operation is always supporting mosleem expectations. Economic recovery, fairness, security, and comfortness aspects are became ultimate goals of sharia bank in Indonesia. This research is comparing the investment deposits from 3 sharia banks, and 4 business units of sharia, by using comparative descriptive analysis. The comparative variables were devided into 3 categories; there are Nisbah (profit sharing, investment conditions, and bank fascilities. The results indicates that BNI has the highest nisbah between all sharia banks at the first category. Bank Muamalat Indonesia, BNI Sharia, Bank Sharia Mega Indonesia has the lowest openning balance of time-deposits at second category . The product fascility as the third category, indicates that Bank Sharia Mandiri, BNI Sharia, Bank Sharia Mega Indonesia, and Bank Muamalat can using multi currency. BTN Sharia, Bank Sharia Mega Indonesia, Bank Muamalat Indonesia, and Bank Danamon Sharia were also offer joint account in their sharia investment.

  5. Bank operational risk measurement based on g-h distribution%基于g-h分布度量银行操作风险

    Institute of Scientific and Technical Information of China (English)

    司马则茜; 蔡晨; 李建平

    2011-01-01

    In this paper, g-h distribution with the characteristic of fat tail is used to measurement operational risk of bank, because of the fat tail of operational risk losses. In application, the method of Tukey's quantile estimating the g-h distribution is modified according to the g-h distribution definition; loss interval method is used to estimate the parameter of loss frequency, since there are two kinds of loss: Low Frequency High Impact and Low Frequency High Impact. The closed-form solution for the asymptotic operational risk VaR is available by using random sum model. Empirical analysis with Chinese commercial banks is carried out, and the results show the modified estimation can fit the parameters of the g-h distribution well. This research has some instruction to Chinese banks in quantifying operational risk.%根据银行操作风险厚尾性的特点,采用具有厚尾特点的g-h分布度量了银行的操作风险.在实际运用中根据g-h分布定义,修正了Tukey分位数估计;依据操作风险的高频低危和低频高危的特性,提出了损失区间法确定损失次数参数.在g-h分布特性的基础上,得出了g-h分布的随机和的在险值.利用我国银行公开披露的操作风险损失数据进行了实证分析,结果表明提出的估计法能较好地拟合g-h分布的参数.研究结果对于我国银行定量管理操作风险具有启示作用.

  6. STS-121 Launch

    Science.gov (United States)

    2006-01-01

    Space Shuttle Discovery and its seven-member crew launched at 2:38 p.m. (EDT) to begin the two-day journey to the International Space Station (ISS) on the historic Return to Flight STS-121 mission. The shuttle made history as it was the first human-occupying spacecraft to launch on Independence Day. During its 12-day mission, this utilization and logistics flight delivered a multipurpose logistics module (MPLM) to the ISS with several thousand pounds of new supplies and experiments. In addition, some new orbital replacement units (ORUs) were delivered and stowed externally on the ISS on a special pallet. These ORUs are spares for critical machinery located on the outside of the ISS. During this mission the crew also carried out testing of Shuttle inspection and repair hardware, as well as evaluated operational techniques and concepts for conducting on-orbit inspection and repair.

  7. Qatar Airways Touches Down in Dar es Salaam Airline Launches First Route Of 2007 To Tanzania's Commercial Hub Award-Winning Carrier Expands Operations In Africa

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    @@ Qatar Airways has celebrated the launch of its first new route of 2007 with its inaugural flight to Tanzania touching down in the country's commercial capital of Dar es Salaam to a fanfare of music and dance.

  8. Do Central Banks Need Capital?

    OpenAIRE

    Peter Stella

    1997-01-01

    Central banks may operate perfectly well without capital as conventionally defined. A large negative net worth, however, is likely to compromise central bank independence and interfere with its ability to attain policy objectives. If society values an independent central bank capable of effectively implementing monetary policy, recapitalization may become essential. Proper accounting practice in determining central bank profit or loss and rules governing the transfer of the central bank’s ope...

  9. Taiyuan Satellite Launch Center

    Institute of Scientific and Technical Information of China (English)

    LiuJie

    2004-01-01

    There are three major space launch bases in China, the Jiuquan Satellite Launch Center,the Taiyuan Satellite Launch Center and the Xichang Satellite Launch Center. All the three launch centers are located in sparsely populated areas where the terrain is even and the field of vision is broad. Security, transport conditions and the influence of the axial rotation

  10. Analysis of the development and operation ability of city commercial banks%城市商业银行发展能力分析

    Institute of Scientific and Technical Information of China (English)

    朱磊娜

    2015-01-01

    As an important part of China's banking and financial institutions, city commercial banks are growing and expanding in recent years with continuous adjustment of the business scope , great quarterly change in operating performances and strong local characteristics.Opportunities and challenges coexist in the development process. Core capital adequacy ratio, non-performing loan rate, the rate of return on net assets and deposits and stable ratio in the city commercial banks are important factors to measure the ability of the development, significantly related with the commercial banks'size.The asset quality varies with the change of economic situation, but tends to be steady in recent years.Under the current economic development background, the city commercial banks should in-novate business ideas, develop the outside business, base on the basic level, develop internet banking to promote their further growth.%城市商业银行作为我国银行金融机构的重要组成部分,近年来不断壮大和扩张,其业务范围不断调整,经营效益季度变化较大,有较强的地方性特点,在发展过程中机遇和挑战并存。城市商业银行的核心资本充足率、不良贷款率、净资产收益率以及存贷比是衡量其发展能力的重要因素,与商业银行的规模显著相关;资产质量随着经济局势的变化有所波动,但近几年逐渐趋于平稳。在当前经济发展背景下,城市商业银行应创新经营理念、发展表外业务、立足基层,发展互联网金融,促进自身的进一步提升与发展。

  11. 12 CFR 614.4470 - Loans subject to bank approval.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Loans subject to bank approval. 614.4470 Section 614.4470 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Loan Approval Requirements § 614.4470 Loans subject to bank approval. (a) The following...

  12. 12 CFR 614.4000 - Farm Credit Banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Banks. 614.4000 Section 614.4000 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending Authorities § 614.4000 Farm Credit Banks. (a) Long-term real estate lending. Except to the extent...

  13. 12 CFR 614.4010 - Agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Agricultural credit banks. 614.4010 Section 614.4010 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending Authorities § 614.4010 Agricultural credit banks. (a) Long-term real estate lending. Except to...

  14. 12 CFR 7.1005 - Credit decisions at other than banking offices.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Credit decisions at other than banking offices. 7.1005 Section 7.1005 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY BANK ACTIVITIES AND OPERATIONS Bank Powers § 7.1005 Credit decisions at other than banking offices. A...

  15. 12 CFR 7.1004 - Loans originating at other than banking offices.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Loans originating at other than banking offices. 7.1004 Section 7.1004 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY BANK ACTIVITIES AND OPERATIONS Bank Powers § 7.1004 Loans originating at other than banking offices. (a) General...

  16. Comparison of Islamic Banks with Conventional Banks: Evidence from an Emerging Market

    Directory of Open Access Journals (Sweden)

    Ameenullah Aman

    2016-03-01

    Full Text Available This paper evaluates and compares the performance of Sharia-compliant banks with their conventional counterparts operating in Pakistan. Data of five full-fledged Islamic Banks(IBs and fifteen Conventional Banks (CBs, all from Pakistan, have been used for the study. Study period comprises of six years from year 2008 to year 2013. Bank's orientation, efficiency, quality of assets and stability are the measures used to compare the performance of Shariah-compliant and conventional banks. The Islamic Banks in Pakistan are younger in age and smaller in size compared to the Conventional Banks. Based on the financial ratios of two types of banks, we find that the business model of Islamic Banks is inferior to the model of Conventional Banks. Islamic Banks are less cost efficient than Conventional Banks. However, Islamic Banks have superior asset quality with better bank stability position.

  17. On liability operation of commercial banks in China%对我国商业银行负债经营的思考

    Institute of Scientific and Technical Information of China (English)

    谢太峰; 王建梅

    2001-01-01

    我国商业银行的负债经营存在两大问题:一是负债规模的非理性扩张;二是负债结构的非优化组合。因此,为了提高商业银行的经营效益,既要根据负债成本与资产回报率差额的大小以及有无适当的资金运用机会而对负债规模进行理性控制,又要对负债的利息结构、期限结构以及被动负债与主动负债的结构进行优化重组。%There have been two major problems in liabilities operations of commercial banks in China: irrational expansion of liabilities scale; imperfect combination of liabilities structure. In order to improve the operation profits of commercial banks, not only the liability scale should be controlled rationally according to the difference between liability costs and assets return rate, as well as all kinds of capital operation opportunities, but liability interests structure,expiration structure and the structure of passive and active liability should be optimally reorganized.

  18. An Analysis of Adopting Mobile Banking in Kenya

    OpenAIRE

    Ibrahim, Badru Abdullatif

    2015-01-01

    ABSTRACT: Banks in Kenya have adopted mobile banking (M-banking) technology in order to provide convenient and affordable banking services. In Kenya mobile banking was introduced in 2007 by Safaricom. Safaricom introduced M-Pesa which was the platform for mobile banking and all the transactions were operated through this innovation. The embrace of mobile banking in Kenya was so high that it was the leading provider of mobile banking services and its performance has been great compared to all ...

  19. 12 CFR 211.3 - Foreign branches of U.S. banking organizations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Foreign branches of U.S. banking organizations. 211.3 Section 211.3 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INTERNATIONAL BANKING OPERATIONS (REGULATION K) International Operations of U.S. Banking...

  20. Magnetic Launch Assist Demonstration Test

    Science.gov (United States)

    2001-01-01

    This image shows a 1/9 subscale model vehicle clearing the Magnetic Launch Assist System, formerly referred to as the Magnetic Levitation (MagLev), test track during a demonstration test conducted at the Marshall Space Flight Center (MSFC). Engineers at MSFC have developed and tested Magnetic Launch Assist technologies. To launch spacecraft into orbit, a Magnetic Launch Assist System would use magnetic fields to levitate and accelerate a vehicle along a track at very high speeds. Similar to high-speed trains and roller coasters that use high-strength magnets to lift and propel a vehicle a couple of inches above a guideway, a launch-assist system would electromagnetically drive a space vehicle along the track. A full-scale, operational track would be about 1.5-miles long and capable of accelerating a vehicle to 600 mph in 9.5 seconds. This track is an advanced linear induction motor. Induction motors are common in fans, power drills, and sewing machines. Instead of spinning in a circular motion to turn a shaft or gears, a linear induction motor produces thrust in a straight line. Mounted on concrete pedestals, the track is 100-feet long, about 2-feet wide and about 1.5-feet high. The major advantages of launch assist for NASA launch vehicles is that it reduces the weight of the take-off, the landing gear, the wing size, and less propellant resulting in significant cost savings. The US Navy and the British MOD (Ministry of Defense) are planning to use magnetic launch assist for their next generation aircraft carriers as the aircraft launch system. The US Army is considering using this technology for launching target drones for anti-aircraft training.

  1. Xichang Satellite Launch Center

    Institute of Scientific and Technical Information of China (English)

    LiuJie

    2004-01-01

    Xichang Satellite Launch Center(XSLC) is mainly for geosynchronous orbit launches. The main purpose of XSLC is to launch spacecraft, such as broadcasting,communications and meteorological satellites, into geo-stationary orbit.Most of the commercial satellite launches of Long March vehicles have been from Xichang Satellite Launch Center. With 20 years' development,XSLC can launch 5 kinds of launch vehicles and send satellites into geostationary orbit and polar orbit. In the future, moon exploration satellites will also be launched from XSLC.

  2. 基于分块极大值模型的商业银行操作风险计量研究%Measuring Operational Risk of Commercial Banks Based on the Block Maxima Model

    Institute of Scientific and Technical Information of China (English)

    陆静

    2012-01-01

    尽管高级计量法由于具有计算精确和节约监管资本等优点而被多数商业银行所青睐,但对于采用哪一种方法来刻画低频高危的操作风险尾部数据却没有一致认识.本文根据巴塞尔委员会关于操作风险计量的原则,采用分块极大值方法和概率加权矩参数估计法,对中国商业银行1990-2009年间的操作风险数据进行了实证.从图形检验和数值检验结果来看,该模型估计的参数具有较高的拟合优度,能够较好地拟舍操作风险极端值的尾部分布,为商业银行计量操作风险资本提供了较高的参考价值.%Basel II theory asserts that operational risk market risk and credit risk are three major risks for commercial banks and commercial banks to measure operational risks and allocate regulatory capital. However, in practice commercial banks have been challenging with operational risks that have high loss and low frequency. These events have a significant fat-tail nature of modeling. . The traditional econometric models generally require a considerable amount of loss data be used. Therefore, the construction of operational risk measurement model to measure credit and market risks is more difficult. This paper uses the publicly disclosed data of operational risks from 1990 to 2009 about China's commercial banks, and adopts the block maxima method and probability weighted moments to estimates the operational risk of Chinese commercial banks. Although the Basel Committee does not provide any specific methods and statistical distribution assumptions, banks must demonstrate that their risk assessment approaches take into account the probability distribution of serious tail loss events. The bank must also show that the operational risk measurement methods comply with IRB method and fairly robust standards when assessing credit risk. The Basel II is more concerned about the size of operational risk of banks in a given time period. Although traditional POT

  3. 大型导弹车工作模态识别研究及应用%Research and application on the operational modal identification of large missile launch vehicle

    Institute of Scientific and Technical Information of China (English)

    赵威; 张永杰; 王喆; 韦冰峰

    2013-01-01

    To solve some problems of the operational modal identification of large missile launch vehicle, a model reflecting the main dynamic characteristics of large missile launch vehicle was made. Modal experiments were conducted and dynamic characteristics of the model were identified using the Least Square Complex Exponent (LSCE) method. Modal identification results were compared and analyzed to evaluate the LSCE method. It was applied to the operational modal identification of large missile launch vehicle. It is of significance to provide references for the dynamic characteristics analysis of large missile launch vehicle.%针对大型导弹车在运输状态下的动态特性识别问题,设计制作了能够反映大型导弹车主要动力学特征的简化模型,使用最小二乘复指数法(LSCE)对简化模型进行了动态特性识别,对识别结果进行了分析和评估,并将最小二乘复指数法应用到真实大型导弹车运输状态的模态识别中。可为大型导弹车运输状态下的动力学特性分析提供参考。

  4. Guidelines for the establishment and operation of a donor human milk banking in 2013%2013年北美母乳库的建立和运行管理指南

    Institute of Scientific and Technical Information of China (English)

    韩树萍; 余章斌; 陈小慧

    2014-01-01

    The Human Milk Banking Association of North America(HMBANA) is a professional association for supporters of non-profit donor human milk banking.HMBANA develops guidelines for donor human milk banking practices.The construction of China's human milk bank has just begun in few areas in 2013.To further promote the development and implementation of donor human milk banking in our country,this review introduce the guideline for establishment and operation of a donor human milk bank which drafted by HMBANA in 2013.The guideline can provide the basis for the development of human milk bank in our country.%北美母乳库协会(The Human Milk Banking Association of North America,HMBANA)是一个推进母乳库的建立和运行的非盈利性组织,致力于制定管理母乳库的标准和规范.我国母乳库的建设于2013年在极少地区刚刚开始,为进一步推广母乳库在我国的开展和实施,将2013年北美母乳库的建立和运行管理指南介绍如下,为建立符合我国国情的母乳库提供参考.

  5. 29 CFR 1917.126 - River banks.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 7 2010-07-01 2010-07-01 false River banks. 1917.126 Section 1917.126 Labor Regulations...) MARINE TERMINALS Terminal Facilities § 1917.126 River banks. (a) This section applies to temporary installations or temporary operations near a river bank. (b) Where working surfaces at river banks slope...

  6. 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.

  7. OPERATIONS OF THE CENTRAL BANK ON THE FINANCIAL MARKET FOR THE PERIOD OF EXIT FROM THE RECESSION

    Directory of Open Access Journals (Sweden)

    O. Liubkina

    2014-01-01

    Full Text Available The global economy is currently facing one of the longest recessions in the past fifty years. The way out of the Great recession requires active measures to stimulate the demand in the economy. However, distinctive features of the recent recession are the significant amount of a debt burden on national budgets, low inflation contributes to an increasing potential of a monetary policy to ensure economic recovery, but require from the central bank an unconventional approach to achieve the broad set of goals. One of the tools of so-called unconventional monetary policy is quantitative easing. The USA experience of applying the unconventional monetary policy suggests that the quantitative easing is an effective tool for warming up the economy in the recession phase, especially in the medium terms, but it causes challenges for developing of the national economy (credit risk deterioration of the central bank's portfolio, rising commodity prices, flows of speculative capital and like "secondary effects" challenges for developing of the global economy (interest rates volatility, price bubbles on stock markets, currency risks, etc..

  8. The Impact of Internet Banking on Bank Performance and Risk: The Indian Experience

    Directory of Open Access Journals (Sweden)

    Pooja MALHOTRA

    2009-11-01

    Full Text Available The paper describes the current state of Internet banking in India and discusses its implications for the Indian banking industry. Particularly, it seeks to examine the impact of Internet banking on banks’ performance and risk. Using information drawn from the survey of 85 scheduled commercial bank’s websites, during the period of June 2007, the results show that nearly 57 percent of the Indian commercial banks are providing transactional Internet banking services. The univariate analysis indicates that Internet banks are larger banks and have better operating efficiency ratios and profitability as compared to non-Internet banks. Internet banks rely more heavily on core deposits for funding than non-Internet banks do. However, the multiple regression results reveal that the profitability and offering of Internet banking does not have any significant association, on the other hand, Internet banking has a significant and negative association with risk profile of the bank

  9. 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.

  10. 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.

  11. Bank regulation and banking stability

    NARCIS (Netherlands)

    Boot, A.; Thakor, A.V.

    2014-01-01

    This note discusses some issues in bank closure policy from a financial stability standpoint and how these issues have evolved since we first raised the question of how a reputation-driven divergence of interests between bank regulators and taxpayers may distort bank closure policy in our 1993 paper

  12. Assessing efficiency in banking

    Directory of Open Access Journals (Sweden)

    Knežević Snežana

    2012-09-01

    Full Text Available The paper is an attempt to assess the productivity and efficiency on the basis of the information found in financial statements and operating evidence, as well as implementation of the DEA method. The definition of both input and output in banking is absolutely clear, however, an adequate analysis of efficiency in banking requires that the right combinations of input and output be selected Every company has its own principles to implement in its operations. One of the most important is surely the efficiency principle. Relevant academic literature offers various combinations of input and output in testing bank efficiency. The developing countries will find it highly important to monitor bank efficiency and compare it to the countries in the region.

  13. 12 CFR 7.1003 - Money lent at banking offices or at other than banking offices.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Money lent at banking offices or at other than... TREASURY BANK ACTIVITIES AND OPERATIONS Bank Powers § 7.1003 Money lent at banking offices or at other than...(j) and 12 CFR 5.30, “money” is deemed to be “lent” only at the place, if any, where the borrower in...

  14. 14 CFR 417.17 - Launch reporting requirements and launch specific updates.

    Science.gov (United States)

    2010-01-01

    ... flight safety analysis products, using previously approved methodologies, for each launch no later than...) May not change an analysis product within the final 30 days before flight unless the launch operator... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Launch reporting requirements and...

  15. 14 CFR 420.29 - Launch site location review for unproven launch vehicles.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Launch site location review for unproven... AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION LICENSING LICENSE TO OPERATE A LAUNCH SITE Criteria and Information Requirements for Obtaining a License § 420.29 Launch site location review for...

  16. 14 CFR 420.30 - Launch site location review for permitted launch vehicles.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Launch site location review for permitted... AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION LICENSING LICENSE TO OPERATE A LAUNCH SITE Criteria and Information Requirements for Obtaining a License § 420.30 Launch site location review...

  17. Environmental Impact Analysis Process. Volume 1. Preliminary Draft Environmental Impact Statement Construction and Operation of Space Launch Complex 7, Vandenberg Air Force Base, California

    Science.gov (United States)

    1989-04-06

    as with a normal launch, but it could contain hypergolic propellant residues . There also would be the possibility of explosion and fire and resultant...deposits were developed by weathering of the underlying Monterey Formation and/or terrace deposits. Some soil deposits are residual (low relief surfaces...Cfiada Agua Viva is a south-flowing, perennial drainage located east of the project area and fed by two springs near Wild Horse Flats. Perennial yields

  18. Bank Insolvency Procedures and Market Discipline in European Banking

    DEFF Research Database (Denmark)

    Angkinand, Apanard; Wihlborg, Clas

    2005-01-01

    Predetermined, operational procedures for dealing with banks in distress are conspicuously absent across the world with very few exceptions. Instead governments and regulatory authorities intervene when banks approach failure. Bail-outs of important creditors, sometimes including shareholders......, and blanket guarantees for creditors become the norm. We argue that efficient incentives of banks' creditors, as well as of shareholders and managers, require predetermined rules for dealing with banks in distress, and a group of creditors that are credibly non-insured. Cross-border banking increases the need...... for pre-determined bank insolvency procedures that could enable banks to expand cross-border in branches. In the empirical part we show that credibility of non-insurance is maximized with a partial deposit insurance scheme, and that the coverage can be decreased if effective rule-based distress resolution...

  19. The adjustment of instruments of the National Bank of Poland to the standards of the Eurosystem - open market operations

    OpenAIRE

    Ilona Pietryka

    2010-01-01

    The idea if EMU requires countries entering the euro zone to have a homogeneous system of monetary policy instruments including open market operations. This paper presents comparative analysis of Polish and European zone solutions in the range of open market operations.

  20. The adjustment of instruments of the National Bank of Poland to the standards of the Eurosystem - open market operations

    OpenAIRE

    Ilona Pietryka

    2010-01-01

    The idea if EMU requires countries entering the euro zone to have a homogeneous system of monetary policy instruments including open market operations. This paper presents comparative analysis of Polish and European zone solutions in the range of open market operations.

  1. 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:

  2. Magnetic Launch Assist Experimental Track

    Science.gov (United States)

    1999-01-01

    In this photograph, a futuristic spacecraft model sits atop a carrier on the Magnetic Launch Assist System, formerly known as the Magnetic Levitation (MagLev) System, experimental track at the Marshall Space Flight Center (MSFC). Engineers at MSFC have developed and tested Magnetic Launch Assist technologies that would use magnetic fields to levitate and accelerate a vehicle along a track at very high speeds. Similar to high-speed trains and roller coasters that use high-strength magnets to lift and propel a vehicle a couple of inches above a guideway, a Magnetic Launch Assist system would electromagnetically drive a space vehicle along the track. A full-scale, operational track would be about 1.5-miles long and capable of accelerating a vehicle to 600 mph in 9.5 seconds. This track is an advanced linear induction motor. Induction motors are common in fans, power drills, and sewing machines. Instead of spinning in a circular motion to turn a shaft or gears, a linear induction motor produces thrust in a straight line. Mounted on concrete pedestals, the track is 100-feet long, about 2-feet wide, and about 1.5-feet high. The major advantages of launch assist for NASA launch vehicles is that it reduces the weight of the take-off, the landing gear, the wing size, and less propellant resulting in significant cost savings. The US Navy and the British MOD (Ministry of Defense) are planning to use magnetic launch assist for their next generation aircraft carriers as the aircraft launch system. The US Army is considering using this technology for launching target drones for anti-aircraft training.

  3. Conparison of Earnings Power between State Commercial Banks and Stock Banks

    Institute of Scientific and Technical Information of China (English)

    顾晓敏; 朱赟赟

    2004-01-01

    As earnings power is one of the primary capacities for commercial banks, by analyzing several indexes on banks'operation performance, this article compared the earnings power between the state banks and the stock banks in China. Through the analysis, some problems of domestic banks may be found and pointed out that the commercial bank should stress on the target of profit maximum to avoid the financial risks. With enough earnings power, the domestic banks can take the challenge with those foreign banks entering domestic money market.

  4. Magnetic Launch Assist

    Science.gov (United States)

    Jacobs, W. A.

    2000-01-01

    With the ever-increasing cost of getting to space and the need for safe, reliable, and inexpensive ways to access space, NASA is taking a look at technologies that will get us there. One of these technologies is Magnetic Launch Assist (MagLev). This is the concept of using both magnetic levitation and magnetic propulsion to provide an initial velocity by using electrical power from ground sources. The use of ground based power can significantly reduce operational costs over the consumables necessary to attain the same velocity. The technologies to accomplish this are both old and new. The concept of MagLev has been around for a long time and several MagLev Trains have already been made. Where NASA's MagLev diverges from the traditional train is in the immense power required to propel this vehicle to 600 feet per second in less than 10 seconds. New technologies or the upgrade of existing technologies will need to be investigated in areas of energy storage and power switching. Plus the separation of a very large mass (the space vehicle) and the aerodynamics of that vehicle while on the carrier are also of great concern and require considerable study and testing. NASA's plan is to mature these technologies in the next 10 years to achieve our goal of launching a full sized space vehicle off a MagLev rail.

  5. Strategic Marketing Plan for Huishang Bank in Anhui Province

    OpenAIRE

    Qian, Yani

    2010-01-01

    Huishang Bank Corporation Limited Company was founded on December 28, 2005, and it has operated since January 1, 2006. Before it was established, it merged with six cities' commercial banks and seven urban credit banks in Anhui Province. It then became the first regional bank which had developed from city commercial bank in China. In the last five years, Huishang bank has already got significant progress, and it entered top 500 global banks in 2010. This thesis focuses on the strategic m...

  6. A Study on Comprehensive Evaluation and Application of Operational Risk Management Situation of Commercial Banks%商业银行操作风险管理状况综合评价及其应用研究

    Institute of Scientific and Technical Information of China (English)

    陈晓慧

    2014-01-01

    Due to the diversity of environment conditions and influencing factors,the operational risk management situation of commercial banks is affected by many factors,and the operational risk management of China’s commercial banks does not per-form very well. On the basis of literature review,the paper constructs a comprehensive evaluation model by carefully selecting comprehensive evaluation index of operational risk management situation of commercial banks,based on the actual situation of China’s commercial banks operational risk management and fully drawing on the successful experience at home and abroad. It also carries out the application and the test of the model by applying operational risk data of commercial banks, and provides an effective quantitative analytical tool for operational risk management and evaluation of commercial banks.%商业银行的操作风险管理状况受多种因素的影响,由于环境条件以及影响因素的多样性,我国商业银行操作风险管理状况并不十分理想。文章在文献综述的基础上,从我国商业银行操作风险管理的实际情况出发,借鉴国内外的成功经验,通过精选商业银行操作风险管理状况的综合评价指标,构建了综合评价模型,并应用商业银行操作风险的数据进行了模型应用及检验,为商业银行操作风险管理与评价提供了一种行之有效的定量分析手段。

  7. 12 CFR 995.5 - Bank and Office of Finance employees.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Bank and Office of Finance employees. 995.5 Section 995.5 Banks and Banking FEDERAL HOUSING FINANCE BOARD NON-BANK SYSTEM ENTITIES FINANCING CORPORATION OPERATIONS § 995.5 Bank and Office of Finance employees. Without further approval of the...

  8. 12 CFR 211.23 - Nonbanking activities of foreign banking organizations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Nonbanking activities of foreign banking organizations. 211.23 Section 211.23 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INTERNATIONAL BANKING OPERATIONS (REGULATION K) Foreign Banking Organizations § 211.23...

  9. Iraq Radiosonde Launch Records

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Iraqi upper air records loaned to NCDC from the Air Force 14th Weather Squadron. Scanned notebooks containing upper air radiosonde launch records and data. Launches...

  10. Launching technological innovations

    DEFF Research Database (Denmark)

    Talke, Katrin; Salomo, Søren

    2009-01-01

    have received less attention. This study considers the interdependencies between strategic, internally and externally, directed tactical launch activities and investigates both direct and indirect performance effects. The analysis is based upon data from 113 technological innovations launched...

  11. 12 CFR 917.4 - Bank Member Products Policy.

    Science.gov (United States)

    2010-01-01

    ... systems, procedures and internal controls; and (7) Address the maintenance of appropriate operational and... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Bank Member Products Policy. 917.4 Section 917.4 Banks and Banking FEDERAL HOUSING FINANCE BOARD GOVERNANCE AND MANAGEMENT OF THE FEDERAL HOME...

  12. 商业银行国库业务非现场监管模式研究%Research on the Offsite Regulatory Model of Commercial Banks' Treasury Operations

    Institute of Scientific and Technical Information of China (English)

    李升高

    2014-01-01

    随着我国商业银行国库业务的快速发展,中央银行目前依赖手工报送和柜面监督的非现场监管模式已滞后于商业银行的国库业务信息化发展。本文分析了当前中央银行对商业银行国库业务非现场监管的现状与不足,指出建设国库业务非现场监管系统的意义,并从建设目标、功能需求和实现途径等方面,提出推进商业银行国库业务非现场监管系统建设的构想。%With the rapid development of commercial banks' treasury operations, the off-site supervision model of manual reporting and incase supervision in Central banks have lagged behind the development of the treasury business information in commercial banks. This paper analyzes the status quo and shortcomings about the off-site supervision in treasury operations of central bank to commercial banks, and points out the great significance in construction systems of offsite supervision in treasury operations. At last, the paper gives suggestions about building objectives, functional requirements and realization path.

  13. Magnetic Launch Assist Vehicle-Artist's Concept

    Science.gov (United States)

    1999-01-01

    This artist's concept depicts a Magnetic Launch Assist vehicle clearing the track and shifting to rocket engines for launch into orbit. The system, formerly referred as the Magnetic Levitation (MagLev) system, is a launch system developed and tested by Engineers at the Marshall Space Flight Center (MSFC) that could levitate and accelerate a launch vehicle along a track at high speeds before it leaves the ground. Using an off-board electric energy source and magnetic fields, a Magnetic Launch Assist system would drive a spacecraft along a horizontal track until it reaches desired speeds. The system is similar to high-speed trains and roller coasters that use high-strength magnets to lift and propel a vehicle a couple of inches above a guideway. A full-scale, operational track would be about 1.5-miles long, capable of accelerating a vehicle to 600 mph in 9.5 seconds, and the vehicle would then shift to rocket engines for launch into orbit. The major advantages of launch assist for NASA launch vehicles is that it reduces the weight of the take-off, the landing gear, the wing size, and less propellant resulting in significant cost savings. The US Navy and the British MOD (Ministry of Defense) are planning to use magnetic launch assist for their next generation aircraft carriers as the aircraft launch system. The US Army is considering using this technology for launching target drones for anti-aircraft training.

  14. 12 CFR 250.410 - Interlocking relationships between bank and its commingled investment account.

    Science.gov (United States)

    2010-01-01

    ... fund, to be operated under the effective control of the bank, for the collective investment of sums of... operation for a national bank under his Regulation 9, “Fiduciary Powers of National Banks and Collective... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Interlocking relationships between bank and its...

  15. 12 CFR 614.4130 - Funding and discount relationships between Farm Credit Banks or agricultural credit banks and OFIs.

    Science.gov (United States)

    2010-01-01

    ... CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Bank/Association Lending... direct loan or discounts, shall be consistent with the Farm Credit Bank's or agricultural credit bank's... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding and discount relationships between...

  16. 12 CFR 614.4125 - Funding and discount relationships between Farm Credit Banks or agricultural credit banks and...

    Science.gov (United States)

    2010-01-01

    ... and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Bank... available must be recalculated without that ineligible loan. (b) The Farm Credit Bank or agricultural credit... consistent with the Farm Credit Bank's or agricultural credit bank's lending policies and loan...

  17. Launch Support Video Site

    Science.gov (United States)

    OFarrell, Zachary L.

    2013-01-01

    The goal of this project is to create a website that displays video, countdown clock, and event times to customers during launches, without needing to be connected to the internal operations network. The requirements of this project are to also minimize the delay in the clock and events to be less than two seconds. The two parts of this are the webpage, which will display the data and videos to the user, and a server to send clock and event data to the webpage. The webpage is written in HTML with CSS and JavaScript. The JavaScript is responsible for connecting to the server, receiving new clock data, and updating the webpage. JavaScript is used for this because it can send custom HTTP requests from the webpage, and provides the ability to update parts of the webpage without having to refresh the entire page. The server application will act as a relay between the operations network, and the open internet. On the operations network side, the application receives multicast packets that contain countdown clock and events data. It will then parse the data into current countdown times and events, and create a packet with that information that can be sent to webpages. The other part will accept HTTP requests from the webpage, and respond to them with current data. The server is written in C# with some C++ files used to define the structure of data packets. The videos for the webpage will be shown in an embedded player from UStream.

  18. 美国空射导弹拦截系统的作战应用分析%Analysis on Operational Applications of USA Air-launched Missile Interception System

    Institute of Scientific and Technical Information of China (English)

    宋文静; 曹泽阳; 张晋; 刘永兰

    2015-01-01

    Air-launched missile interception system is an interception mean of USA missile defense systems.Its main operational missions are analyzed, including missile defense mission, hypersonic speed missile interception mission in the air,multi-orbital air-craft interception mission and other defense missions.Taking missile defense mission as an example, its operational process is ana-lyzed, thus key links of air-launched missile anti-missile /anti-satellite system are given.Combined with main operational missions and operational process, special influence factors of its operational effectiveness are parsed.Studying on problems of its operational application, is benefit to improve operational effectiveness of the weapon equipment.%空射导弹拦截系统是美国弹道导弹防御体系的拦截手段之一,文中首先分析了空射导弹拦截系统的主要作战任务,包括弹道导弹防御任务、高超声速导弹空中截击任务、跨轨道飞行器拦截任务和其他防御任务;然后,以弹道导弹防御任务为例,对其作战过程进行了分析,进而给出了空射导弹反导/反卫拦截系统作战的关键环节;最后,结合主要作战任务和作战过程,剖析了其作战效能的特殊影响因素. 研究其作战应用问题,有益于提升该武器装备的作战效能.

  19. Risk Managementof Commercial Bank Operation in Perspective of Internal Control%内部控制与商业银行操作风险管理研究--以平安银行为例

    Institute of Scientific and Technical Information of China (English)

    祝群; 付聪

    2015-01-01

    商业银行对操作风险的认识、理解和管理处于较低水平,平安银行也不例外。在操作风险管理中,对于内部因素导致的操作风险,银行是可以控制和防范的,通过加强内部控制建设,完善内部控制制度,避免违规操作和内部失误,从而防范操作风险。%The operational risk is one of the oldest kinds of risks in the business activities of commercial banks. But compared with the market risk, the credit risk and liquidity risk, the understanding and management of the operational risks in commercial banks are relatively low. The PA, one of the joint-stock commercial banks, is with no exception. In the management of operational risks caused by the external factors, risk aversion means can only be used in such insurance or outsourcing services, while the internal factors of operational risk can be controlled and prevented by the bank. Therefore, PA must strengthen the construction of internal control, perfect the internal control system so as to avoid irregularities and internal errors, and finally to guard against the operational risks.

  20. Return on Assets Efficiency of Kenyan Banking Sector

    Directory of Open Access Journals (Sweden)

    Isaiah Onsarigo Miencha

    2016-08-01

    Full Text Available This paper empirically predicts the Return on Assets (ROA efficiency of sample banks by using the Data Envelopment Analysis. A sample of 18 banks was taken for the study. The sample banks were categorized into three main groups’ i.e. large size group, medium size group and small size group. The main objective of this study was to analyze the technical efficiency (in respect of return on asset of sample Kenyan banks, namely, Kenya Commercial Bank Ltd, Standard Chartered Bank Ltd, Barclays bank of Kenya Ltd, Co-operative Bank of Kenya Ltd, CFC Stanbic Bank Ltd, Equity Bank Ltd, Bank of India Ltd, Bank of Baroda Ltd, Commercial Bank of Africa Ltd, National Industrial Development Bank of Kenya Ltd, I & M Bank Ltd, Diamond Trust Bank (K Ltd, Habib Bank Ltd, Oriental Commercial Bank Ltd, Habib Bank A.G. Zurich,Development Bank of Kenya Ltd, Fidelity Commercial Bank Ltd and K-Rep Bank Ltd. The study recommends that the inefficient banks should especially improve their non-cash loans and should control their annual expenditures.

  1. Integrated Entry Guidance for Reusable Launch Vehicle

    Institute of Scientific and Technical Information of China (English)

    NING Guo-dong; ZHANG Shu-guang; FANG Zhen-ping

    2007-01-01

    A method for the implementation of integrated three-degree-of-freedom constrained entry guidance for reusable launch vehicle is presented. Given any feasible entry conditions, terminal area energy management interface conditions, and the reference trajectory generated onboard then, the method can generate a longitudinal guidance profile rapidly, featuring linear quadratic regular method and a proportional-integral-derivative tracking law with time-varying gains, which satisfies all the entry corridor constraints and meets the requirements with high precision. Afterwards, by utilizing special features of crossrange parameter, establishing bank-reversal corridor,and determining bank-reversals according to dynamically adjusted method, the algorithm enables the lateral entry guidance system to fly a wide range of missions and provides reliable and good performance in the presence of significant aerodynamic modeling uncertainty.Fast trajectory guidance profiles and simulations with a reusable launch vehicle model for various missions and aerodynamic uncertainties are presented to demonstrate the capacity and reliability of this method.

  2. 论商业银行集团化经营的法律风险及其防控机制%Legal Risk and Control Mechanism of Commercial Banks Group Operation

    Institute of Scientific and Technical Information of China (English)

    辛华

    2011-01-01

    Group is the most prominent feature of modern banking,and one bank-led financial group is the Bank Group.The Bank Group can make co-operation effects,break the traditional pattern of competition between financial institutions,and take advantage of business integration.However,the complex ownership relations,organizational structure,internal exchanges,and business partnerships exposes the Bank Group to legal risk.Particularly,in the financial crisis,the strict finance supervision and the rapid change of legal environment make the banking group face more severe legal risks.%集团化是现代银行最突出的特征之一。银行的集团化发展,可达到协同经营的目标,打破传统金融机构的竞争格局,使集团获得经营一体化带来的好处。但另一方面,复杂的股权关系、组织结构、内部往来、业务合作,也使得银行集团暴露于特殊的法律风险当中。在金融危机后,金融监管的严格化和法律环境的快速变化,使得银行集团面临的法律风险更为严峻。

  3. Research on Operational Risk in Credit Loan of Banks Based on Behavior Decision Model of Managers%基于经理人行为决策模型的银行信贷操作风险研究

    Institute of Scientific and Technical Information of China (English)

    张道宏; 滕和强; 胡海青; 黄铎

    2011-01-01

    With an aim at the operational risk in credit loan of banks, this paper analyzes the influence of decision-making of the banks' managers on the variations of banks in various situations through the establishment of the credit loan model and the bank managers' behavioral model. The risk data of the related credit loan can be used to simulate the measurement of operational risk in the credit loan, whereby proving that the bank managers' behavior may have an important bearing on the bank risks from two respects of theory and operation. Also, this paper suggests the risk management measures for the credit loan operation including the whole process, internal control and talented personal management, etc.%针对银行信贷业务中的操作风险问题,通过构建银行信贷模型及银行经理人行为选择模型,分析了不同情况下,经理人的行为选择对银行信贷收益波动性的影响,利用相关银行信贷风险数据,模拟银行信贷中操作风险的测量;从理论和操作方面证明了银行经理的行为对银行风险的影响,提出了包含过程、内控、人才管理的信贷操作风险管理措施.

  4. Fish Distribution and Habitat Complexity on Banks of the Strait of Sicily (Central Mediterranean Sea) from Remotely-Operated Vehicle (ROV) Explorations

    Science.gov (United States)

    Esposito, Valentina; Battaglia, Pietro; Altobelli, Chiara; Perzia, Patrizia; Romeo, Teresa; Canese, Simonepietro; Andaloro, Franco

    2016-01-01

    The Strait of Sicily was recognized internationally as an “Ecologically or Biologically Significant Area” by the Contracting Parties of the Convention on Biological Diversity in 2014. However, basic aspects of its fish diversity are still unknown and most of the information comes from traditional trawl surveys. This paper provides the first detailed description, using a Remotely Operated Vehicle (ROV), of the composition and depth distribution of the demersal fish assemblages found on banks of the Strait of Sicily and the related habitat complexity from 35 to 240 m depth. A total of 24 families and 52 fish species were recorded and depth was consistently associated with a significant proportion of the variation of the fish assemblage. The highest species richness was observed at the shallowest depth layer (0–50 m) and significantly decreased, remaining almost constant, in deeper layers. Similarly the highest abundance was recorded at 0–50 m, where C. julis represented the most abundant species, and decreased progressively throughout the whole depth gradient. Although the factor habitat complexity explained only a small proportion of the fish assemblage variation, significant differences among different degrees of habitat complexity were observed, together with a general positive trend for species richness and abundance with increasing habitat complexity. The ROV also allowed us to observe some rare or poorly known fish species such as Scorpaenodes arenai, Hyporthodus haifensis, Myliobatis aquila, Gadella maraldi, Epinephelus caninus and Lappanella fasciata. These findings show that banks serve as reservoirs for fish abundance and biodiversity and that immediate environmental conservation and management actions represent a priority not only for Italy but also for other countries which share the same area. PMID:27936221

  5. Fish Distribution and Habitat Complexity on Banks of the Strait of Sicily (Central Mediterranean Sea) from Remotely-Operated Vehicle (ROV) Explorations.

    Science.gov (United States)

    Consoli, Pierpaolo; Esposito, Valentina; Battaglia, Pietro; Altobelli, Chiara; Perzia, Patrizia; Romeo, Teresa; Canese, Simonepietro; Andaloro, Franco

    2016-01-01

    The Strait of Sicily was recognized internationally as an "Ecologically or Biologically Significant Area" by the Contracting Parties of the Convention on Biological Diversity in 2014. However, basic aspects of its fish diversity are still unknown and most of the information comes from traditional trawl surveys. This paper provides the first detailed description, using a Remotely Operated Vehicle (ROV), of the composition and depth distribution of the demersal fish assemblages found on banks of the Strait of Sicily and the related habitat complexity from 35 to 240 m depth. A total of 24 families and 52 fish species were recorded and depth was consistently associated with a significant proportion of the variation of the fish assemblage. The highest species richness was observed at the shallowest depth layer (0-50 m) and significantly decreased, remaining almost constant, in deeper layers. Similarly the highest abundance was recorded at 0-50 m, where C. julis represented the most abundant species, and decreased progressively throughout the whole depth gradient. Although the factor habitat complexity explained only a small proportion of the fish assemblage variation, significant differences among different degrees of habitat complexity were observed, together with a general positive trend for species richness and abundance with increasing habitat complexity. The ROV also allowed us to observe some rare or poorly known fish species such as Scorpaenodes arenai, Hyporthodus haifensis, Myliobatis aquila, Gadella maraldi, Epinephelus caninus and Lappanella fasciata. These findings show that banks serve as reservoirs for fish abundance and biodiversity and that immediate environmental conservation and management actions represent a priority not only for Italy but also for other countries which share the same area.

  6. Corporate governance and banks : How justified is the match?

    NARCIS (Netherlands)

    van der Elst, C.F.

    2015-01-01

    Banks and bank governance are different. We critically assess the arguments used to pervade these divergences in operational activities. We also question if and how, in light of the specificity of banking activities, bank governance translates the operational peculiarities in different governance

  7. Impact on Banks Profitability and Operation Risk of Diversification of Commercial Banking Business%我国商业银行业务多元化对收益和风险的影响

    Institute of Scientific and Technical Information of China (English)

    袁钰斐

    2012-01-01

    Different from previous research ,the article assigns 15 listed banks into large -scale banks, medium - scale banks, and small banks according to their average asset size. This paper investigates the effects of revenue diversification on the profitability and risk of the Chinese banking industry. Using the sample which consists of 15 listed banks during the year of 2000 -2011, we find that increased engagement in noninterest activities is associated with higher profitability without affecting the risk. And benefits from diversification can only be seized optimally by small banks. Higher Fee - based income is associated with higher profitability and lower risk.%不同于以往研究,文章将15家上市银行按照平均资产规模大小分成大规模银行、中等规模银行、小规模银行采用2000年-2011年的数据建立面板数据模型,分析我国商业银行非利息收入及其组成部分占营业收入比重的变化对银行收益和风险的影响。结果表明,非利息收入占比的提高对银行的收益有正效应,且这种效应在小规模银行中更为明显。非利息收入占比与银行风险的关系总体并不显著,但对大规模银行来说有一定的降低风险效应。手续费及佣金收入占比的提高会增加银行的收益并降低风险。

  8. 利率市场化对中国商业银行经营效率的影响%The Influence of Interest Rate Marketization on the Operating Efficiency of Chinese Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    金拓

    2016-01-01

    In this paper, the marketization of interest rate based on the study of commercial bank China operating efficiency. Articles focus on the efficiency of commercial banks in philosophy, according to the characteristics of the embodiment of the efficiency of commercial banks in the process of marketization of interest rate of developed countries are summarized, and combining with the marketization of interest rate of our country and the background of the commercial banks operating performance indicators were analyzed, ifnally from the business philosophy, business structure, customer selection, asset liability management, cost control, risk management improve the level of the management of commercial banks, commercial banks operating efifciency optimization.%本文基于利率市场化背景,对中国商业银行的经营效率进行研究。文章聚焦商业银行经营效率的理念,针对发达国家利率市场化过程中商业银行经营效率体现的特征进行归纳,并结合我国利率市场化背景下商业银行经营业绩指标进行分析,最后提出从经营理念、业务结构、客户选择、资产负债管理、成本控制、风险管理等六方面提高商业银行管理水平,优化商业银行经营效率。

  9. Metric Tracking of Launch Vehicles Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA needs reliable, accurate navigation for launch vehicles and other missions. GPS is the best world-wide navigation system, but operates at low power making it...

  10. THE CONTRIBUTION OF ELECTRONIC BANKING TO CUSTOMER SATISFACTION: A CASE OF GCB BANK LIMITED –KOFORIDUA

    Directory of Open Access Journals (Sweden)

    Martin Otu Offei

    2016-02-01

    Full Text Available Internet banking has the potential to provide fast and reliable services to customers for which they are relatively happy. Due to the technological changes taking place all over the world, many institutions, including the banking sector have taken giant steps to move in tandem with these changes. In this light most banks, with GCB Bank, Ghana, not being an exception have introduced electronic banking in order to decongest the banking halls of customers who spend time unending in order to transact business. The purpose of this research was to assess the Contribution of Electronic Banking to Customer Satisfaction at GCB Bank-Koforidua, to this end some objectives were set for the study. These were: To assess the availability of electronic banking facilities at GCB Bank, Koforidua. To assess the knowledge and patronage of internet banking services by customers, to examine the effectiveness of the usage of electronic banking facilities, to examine the problem facing an internet banking in GCB Bank, Koforidua. This is a quantitative study that employed the use of questionnaires as the main tools for data collection. Data was collected from management, staff and customers of GCB Bank, Koforidua Branch. Findings from analysis of data revealed that though there was the existence of internet banking facilities of the bank, respondents of the study were not fully aware of the existence of such facilities. It was also found that the use of internet banking was quite expensive and that though the bank was utilizing the facility, customers were not fully patronizing them. It was concluded that internet banking brings efficiency in the operations of the bank. Finally, the study recommended that all branches of GCB Bank adopt internet banking facilities to help in effective banking operations and transactional purposes. To maximize the operations and potential of the bank management must endeavor to educate the customers about the existence of internet banking

  11. DAMPAK ELECTRONIC BANKING TERHADAP KINERJA PERBANKAN INDONESIA

    Directory of Open Access Journals (Sweden)

    Farah Margaretha

    2015-12-01

    Full Text Available The purpose of this research is to determine the effect of banking service to bank profitability.  A dependend variable ratio in this research is internet banking. It  is to test the effect of Return on Asset (ROA, Return on Equity (ROE, Operating Expenses towards Operating Income and Performance. Another ratio, that was used as a variable control, is asset. The method of data analysis is binary logistic regression. The object of the research is 68 banks in Indonesia. Those banks are divided into two groups, bank with and without internet banking. The result of this research shows that there is influence on internet banking service to effeciency profitability and different grouping. Finance Manager and Investor should pay attention the effect of ROA, ROE, BOPO and Asset.

  12. Determinants of profitability according to groups of banks in Albania

    Directory of Open Access Journals (Sweden)

    Dr.Sc. Arjeta Hallunovi

    2017-06-01

    Full Text Available The paper analyzed the determinants of profitability of all the commercial banks in Albania, where the banks were analyzed by dividing into groups[1]. These determinants are categorized into two groups, internal and external factors. The objective of the study is to determine the factors that affect the profitability in commercial banks, to show how they differ according to groups of the banks and making some recommendations which can help the management. A panel data with all the commercial banks that operate in Albania is analyzed for the period 2009-2014. To measure the profitability is used the independent variable return on assets. Banking specific factors that are used in this study include variables such as bank size, asset management, credit risk, liquidity of assets, capital adequacy, operational efficiency and cost of financing. On the other hand is taken into consideration only one industry specific factor, which is the concentration and some macroeconomic factors as GDP, exchange rate and inflation. The quantitative data are obtained from the financial statements of commercial banks, INSTAT, Bank of Albania, World Bank and Bankscope, in order to make empirical analysis needed to identify and measure the determinants of bank profitability. In particular, the multiple regression analysis is used to measure the impact of determinants in bank profitability and to realize empirical analysis is used Eviews 7. The results of the study showed a positive relationship between bank size and profitability, statistically important in the group 2, with 1% level of significance. The credit risk had an inverse relation with profitability in the model, statistically significant at 1% level of significance for the group 2 and 5% for the group 1 and 3. While, in terms of macroeconomic factors, GDP had a positive relationship with profitability and it is statistically significant in the group 3. On the other hand, inflation and exchange rate showed a

  13. Gravity Probe B:. Launch and Initialization

    Science.gov (United States)

    Keiser, G. M.; Bencze, W. J.; Brumley, R. W.; Buchman, S.; Clarke, B.; Debra, D.; Everitt, C. W. F.; Green, G.; Heifetz, M. I.; Hipkins, D. N.; Holmes, T.; Li, J.; Mester, J.; Muhlfelder, B.; Murray, D.; Ohshima, Y.; Parkinson, B. W.; Salomon, M.; Santiago, D.; Shestople, P.; Silbergleit, A. S.; Solomonik, V.; Taber, M.; Turneaure, J. P.

    2005-04-01

    The scientific instrument and the major subsystems of the Gravity Probe B satellite are described. Following launch, the initial on-orbit operations were designed to check the operations of each of these major subsystems, provide an initial on-orbit calibration of the scientific instrument, set up the instrument in its operational mode, and spin up and align each of the four gyroscopes.

  14. Capitalizing Central Banks: A Net Worth Approach

    OpenAIRE

    Alain Ize

    2005-01-01

    This paper provides a simple, quantitative, net worth-based, approach to assessing the need for central bank capital. It derives a concept of "core capital" (a function of the central bank's operating expenditures and the carrying cost of its international reserves) as the minimum capital needed by a central bank to ensure the credibility of its inflation target. The approach is illustrated with the published accounts of three loss-making central banks and selected accounting entries for a br...

  15. Perbandingan Penawaran Investasi Depostio Bank Syariah

    OpenAIRE

    Hery Harjono Muljo; Holly D

    2010-01-01

    From the beginning, the sharia banks operation is always supporting mosleem expectations. Economic recovery, fairness, security, and comfortness aspects are became ultimate goals of sharia bank in Indonesia. This research is comparing the investment deposits from 3 sharia banks, and 4 business units of sharia, by using comparative descriptive analysis. The comparative variables were devided into 3 categories; there are Nisbah (profit sharing), investment conditions, and bank fascilities. The ...

  16. Operational Risk Problem of the Small and Medium-sized Commercial Banks in China%我国中小商业银行的操作风险问题研究

    Institute of Scientific and Technical Information of China (English)

    孙莹莹

    2013-01-01

      商业银行作为经营金融资产和负债的机构,风险也随之诞生。近年来,作为商业银行风险之一的操作风险在银行业金融机构日常的经营业务过程中所造成的损失日益严重,越来越受到银行业金融机构与有关监管部门的重视。在现代竞争激烈的社会,降低操作风险造成的损失也就是间接地提高金融机构的竞争力,提升金融机构的服务质量。中小银行发展初期注重业务的快速发展,操作风险管理起步较晚,操作风险管理水平较低,操作风险管理体系仍需不断完善。%Commercial banks as the institution of financial assets and liabilities, risk was born with it. In recent years, operational risk as one of the risks of commercial banks in financial business development makes huge loss. The managers and related supervisors of commercial banks pay more and more attention to the operational risk. In the current society, reducing the operating risk can indirectly enhance the competitiveness of financial institutions. Joint-stock banks pay attention to the rapid development of business in the early developments which do not concern operational risk. So the management of operational risk is in a low position and the operation risk management’s system still need to be perfected ceaselessly.

  17. 12 CFR 7.2019 - Loans secured by a bank's own shares.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Loans secured by a bank's own shares. 7.2019... AND OPERATIONS Corporate Practices § 7.2019 Loans secured by a bank's own shares. (a) Permitted... the bank's custody. (b) Use of capital notes and debentures. A national bank may not make...

  18. European bank for reconstruction and development

    Directory of Open Access Journals (Sweden)

    Kastratović Radovan

    2015-01-01

    Full Text Available European Bank for Reconstruction and Development - EBRD was established in the year 1991 and commenced operations in 1991. The objective of the Bank was to instigate market oriented approach to business in the countries of Central and Eastern Europe. This comprises support offered to structural reforms, privatisation, and development of entrepreneurship and legal system through financing of project conducive to the achievement of the aimed targets. The Bank approves loans both to the nation states and to the private sector. European Bank for Reconstruction and Development often appears in the role of investor. In addition, the Bank has also its consultative function. Owners of the European Bank for Reconstruction and Development are the developed countries and those that participate in the distribution of the Bank's profit. The Bank invests in the countries of Central, Eastern and South-East Europe, but also in those of Central Asia and Southern Mediterranean. The importance that the European Bank for Reconstruction and Development has for our country is best illustrated by the fact that this Bank is our largest institutional investor, with investments exceeding 3.5 billion EUR. This work begins with presentation of general information on the work of the European Bank for Reconstruction and Development, its objectives, activities, background history, ownership and organisational structure. It proceeds by giving relevant data on the Bank's business operations - the manner of project financing, the Bank's funds distribution per geographic criteria and activities, and the operative and financial results of the Bank's business activities. Brief description is also offered of the cooperation that the European Bank has with other international financial institutions. Finally, data is given bearing witness on the importance that the European Bank for Reconstruction and Development has for Serbia.

  19. Baseline assessment of fish and benthic communities of the Flower Garden Banks (2010 - present) using remotely operated vehicle (ROV) survey methods: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will...

  20. Baseline assessment of fish and benthic communities of the Flower Garden Banks (2010 - present) using remotely operated vehicle (ROV) survey methods: 2011

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The proposed work develop baseline information on fish and benthic communities within the Flower Garden Banks National Marine Sanctuary (FGBNMS). Surveys will employ...

  1. On Rural Food Bank Operating Status, Existing Problems and Countermeasures in Anhui Province%安徽农村粮食银行运营现状、存在的问题及发展对策

    Institute of Scientific and Technical Information of China (English)

    翟光红

    2011-01-01

    Rural food bank, which was playing an increasingly important role in reducing farmer grain loss,solving farmer grain storage difficulty, beautifying rural populations living conditions, improving rural people life quality, which has been accelerated in recent years obviously in main grain producing area. The investigation discovered that rural food bank in Anhui Province in general exist many problems, such as smaller scale, lower credit, farmer at greater risk and so on. Currently, the key to solve this problem was to build a unified food bank organizational leadership and management system, regulating food bank operators; the establishment of rural food bank access system; implementation of food reserves for feed management systems; strengthening of risk management, the establishment of a risk reserve fund, catalytic households participating food banks.%农村粮食银行近年来在粮食主产区发展明显加快,并且在减少农户储粮损耗、解决农户储粮难题、美化农村居民居住环境、提高农村居民生活质量等方面发挥着越来越重要的作用.调查发现,安徽农村粮食银行普遍存在规模较小、信用较低、农户储粮风险较大等问题.当前,解决上述问题的关键在于构建统一的粮食银行组织领导与监管体系,规范粮食银行运营;建立农村粮食银行准入制度;实行存粮准备粮管理制度;加强风险管理,设立风险准备基金,加强农户参与粮食银行的愿意.

  2. E-BANKING SERVICES – FEATURES, CHALLENGES AND BENEFITS

    Directory of Open Access Journals (Sweden)

    IMOLA DRIGĂ

    2014-10-01

    Full Text Available Today traditional banking services, based on lending and deposittaking operations, are only part of banking activities. Due to the emergence of a knowledgebased economy and society as information and communication technology advanced, banking services have undergone profound changes during the past decades. In order to improve the quality of customer service delivery and reduce transaction cost, banks have invested to a great extent in ICT and have adopted ICT networks for delivering a wide range of banking products and services. Banks all over the world have embraced innovative banking technologies and e-banking services in recent years. In this context, the paper aims to provide an overview of the electronic banking service highlighting various aspects of e-banking. Although e-banking offers many advantages both to corporate and individual clients, electronic banking is not without certain challenges and issues in terms of security and interest of customers.

  3. Bank development; bank development efficiency; bank management; bank.

    OpenAIRE

    Самородов, Б. В.

    2014-01-01

    In the paper the theoretical research of determination of the essence of “management of bank financial development” is realized. The analysis is performed on the basis of substantial considering and comparing the philosophy and economical definitions of the components of its definition.

  4. Cord-Blood Banking

    Science.gov (United States)

    ... to Be Smart About Social Media Cord-Blood Banking KidsHealth > For Parents > Cord-Blood Banking Print A ... for you and your family. About Cord-Blood Banking Cord-blood banking basically means collecting and storing ...

  5. The anatomy of bank performance during transition: A separate efficient frontier analysis of Ukrainian banks

    Directory of Open Access Journals (Sweden)

    Ihsan Isik

    2016-04-01

    Full Text Available By drawing on Ukrainian experience, this paper analyzes the anatomy of bank efficiency in a transitional economy. Acknowledging the vast disparities in the business technology of different size banks, in this comprehensive study, we innovatively estimate group-specific (distinct frontiers for small, medium, and large size banks. The results from separate frontiers reveal that Ukrainian banks record 38% technical inefficiency, 26% pure technical inefficiency, and 17% scale inefficiency on average. Apparently, banks in transition waste about the two fifths of their factor inputs during the production of financial services. The cardinal source of sub-performance in transitional banks seems to be managerial inefficiencies. We also found that banks operating in areas with more political influence and more developed infrastructure outperform the banks operating in politically and economically weaker regions. The results also indicate that larger banks, enjoying public trust in a risky business climate, dominate smaller banks in all forms of efficiency. However, such bias for size causes large banks to suffer from decreasing returns to scale and small banks from idle capacity. Consequently, the policies promoting consolidation between small and large banks may alleviate the excess (idle capacity for large (small banks in a transitional economy.

  6. Banking Intelligence Accelerator – Decision Support

    Directory of Open Access Journals (Sweden)

    Adrian MUNTEANU

    2012-08-01

    Full Text Available Along with the development of information technology, Business Intelligence plays an important role in banking operation process. Business Intelligence in banking sector is a method of storing and presenting key bank business data so that any key user can quickly and easily ask questions of accurate and timely data. The growing competition and increased speed of business changes has dramatically shown the need for business intelligence in banking sector. In this paper, we analyze the business intelligence components, how they fit the banking sector and how they can be secured to match the framework of the whole banking information system. Having the decision process analyzed in the banking field, we propose an architectural model to sustain the decision and integrate easily in the complex banking environment.

  7. Big Bang launch

    CERN Document Server

    2008-01-01

    Physicists from the University, along with scientists and engineers around the world, watched with fevered anticipation as the world's biggest scientific experiment was launched in September. (1/1 page)

  8. Anchor Trial Launch

    Science.gov (United States)

    NCI has launched a multicenter phase III clinical trial called the ANCHOR Study -- Anal Cancer HSIL (High-grade Squamous Intraepithelial Lesion) Outcomes Research Study -- to determine if treatment of HSIL in HIV-infected individuals can prevent anal canc

  9. Interest and Hazard Rates of Russian Saving Banks

    NARCIS (Netherlands)

    M.A. Carree (Martin)

    2000-01-01

    textabstractThe number of (registered) commercial banks in Russia increased at a fast pace after the 1988 banking reform. Many of these banks lacked supervision and operated with dangerously low funding capital. In this paper we investigate the determinants of the hazard rates of banks active on the

  10. 24 CFR 81.95 - Authority of Federal Reserve Banks.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 1 2010-04-01 2010-04-01 false Authority of Federal Reserve Banks... Authority of Federal Reserve Banks. (a) Each Federal Reserve Bank is hereby authorized as fiscal agent of..., Federal Reserve Bank Operating Circulars, this subpart H, and procedures established by the...

  11. IBF Launched in China

    Institute of Scientific and Technical Information of China (English)

    Guo Yan

    2009-01-01

    @@ The India Business Forum(IBF)organized by the Confederation of Indian Industry(CII)and the Indian Embassy to China was officially launched in Beijing,on April 16,2009.With the theme of"Impact of Global Economic Crisis:Challenges and Opportunities for India and China",IBF(China)was launched to provide a lobby to promote bilateral trade and economic cooperation between the two countries.

  12. New product launch

    OpenAIRE

    Andžič, Vedrana

    2007-01-01

    The aim of this Master's thesis is description of new electric water heater launch process. The theoretical part of the thesis deals with marketing mix and goes deeper in explanation of product lifecycle theory. Theoretical part is the basis for practical part. Practical part describes company Ariston Thermo in brief and deals with technical parameters of new electric water heater VELIS as well as distribution and price policy during the launch process. The key part of the thesis is dedicated...

  13. ANALYSIS ON CORPORATE GOVERNANCE INFLUENCES TOWARD BANKING EFFICIENCY WITH BANK CATEGORY AS MODERATOR VARIABLE

    Directory of Open Access Journals (Sweden)

    Lidiyawati

    2015-05-01

    Full Text Available Corporate governance system of Sharia financial institution that based on Islamic law may result more variables principles then conventional owns. The restriction of usury are highly speculative transaction, embedded prohibited matter are main features in Sharia business institution. Sharia Supervisory Board, as board that supervises banking practices conforms to Sharia stipulations, hold strong important role within Islamic banking. Both important points above had direct effects on efficiency which attained by Islamic banking compared with conventional banking. This study examines the influence of corporate governance implementation toward efficiency banking sector with bank category as moderator variable. This study hypothesize that corporate governance has significant influences toward banks efficiencies, the influence of corporate governance toward Islamic bank efficiencies is higher than conventional bank, and level of Islamic bank efficiencies is higher than conventional bank. Measurement of efficiencies is using Stochastic Frontier Approach program, and then using SPSS in procces hypothetical model. The results of the study do not support the hypothesis. Examined result shows that statically corporate governance is not influenced by bank efficiency achievement. Corporate governance influences over Islamic bank has not show higher significance than conventional and Islamic bank efficiencies remain steady. Data limitations, complexity of the efficiency measures and the complexity of the operation of Islamic banks may explain the finding.

  14. Structural dynamics for new launch vehicles

    Science.gov (United States)

    Neighbors, Joyce; Ryan, Robert S.

    1992-01-01

    An overview is presented of current studies that will permit more robust designs and reduce the safety hazards of maximum dynamic pressure during launches. Key considerations in the assessment of future operable launch capabilities are the dynamics problems that arise during the initial minutes of transition from the static configuration on the launch pad to the attainment of orbital velocity. Attention is given to a typical attempt to achieve robustness that involves creating a design in which the first bending mode will have a high enough frequency to allow decoupling between the autopilot design and the flexible body dynamics.

  15. 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...

  16. The European Central Bank and the Eurosystem

    OpenAIRE

    Carol C. Bertaut

    2002-01-01

    The Eurosystem comprises the European Central Bank at its center as well as the national central banks of the twelve countries currently participating in monetary union. The European Central Bank was established in July 1998, six months before the beginning of Stage Three of economic and monetary union. Although decisions regarding monetary policy are made centrally by the Governing Council of the Eurosystem, the operational aspects of monetary policy-including open market operations, adminis...

  17. Launching facility constraints on the Space Exploration Initiative

    Science.gov (United States)

    Chan, Kadett; Montoya, Alex J.

    A quantitative tool is developed for envisioning, evaluating, and optimizing the ground and launch operations in order to meet Space Exploration Initiative (SEI) objectives. These objectives include the establishment and operation of the Space Station Freedom, lunar missions, and Mars missions. A Simulation of Logistics model (SIMLOG) is developed to assess which facilities and operations limit the maximum launch rate. This model produces the maximum achievable launch rate for each individual vehicle. The maximum launch rates are then input data for the Launch Vehicle Selection Model (LVSM), a linear integer programming model which selects the optimal number of each launch vehicle from a number of existing and proposed vehicles in order to minimize the overall multiyear launching cost of the SEI program. The simulation indicates that the SEI LEO requirement of 2.1 million lbs can be met with a mixed fleet consisting of current vehicles, a Shuttle C, and the proposed HLLV. Other results are also reported.

  18. INFORMATION FROM THE BANK

    CERN Multimedia

    1999-01-01

    The UBS will be integrating its two computer platforms during the weekend of 24 April.This operation involves changing your account card and Eurocheque card, which will be sent to you by post.Those who receive their bank correspondence at CERN may obtain their codes from the branch there.The security and rapidity of this procedure will be helped by the presentation of an identity document.Despite the precautions taken, problems may be experienced with the operation of the cash-points during that weekend.The bank's staff would like to offer apologies in advance for any difficulties and are at your disposal for any information you may need.UBS

  19. Analysis of the Existing Problems of Operation Management in Commercial Banks and Its Solutions%商业银行经营管理存在的问题及对策

    Institute of Scientific and Technical Information of China (English)

    凌秀春

    2013-01-01

    The management principle of commercial banks is security, liquidity and profitability. And the profit maximization is the target of commercial banks. In recent years, the benefits of our country commercial banks increase gradually by strength-ening and improving the risk management and internal control as well as innovating financial products and services. The article discusses the existing problems of operation management in commercial banks and puts forward the corresponding countermea-sures.%  商业银行的经营原则是安全性、流动性、盈利性,而利润最大化是商业银行的经营目标。近年来,我国商业银行大力加强并改善风险管理和内部控制,创新金融产品与服务,经营效益逐步提高。文章探讨了商业银行经营管理存在的问题,并提出相应的对策。

  20. Banking on women's spirit.

    Science.gov (United States)

    Yunus, M

    1993-11-01

    An interview with Professor Mummadad Yunus, Managing Director of the Grameen Bank, revealed that he has provided loans to poor women in Bangladesh since 1976 and that the Grameen Bank has continued his work since 1983. The idea behind the banking system is that poor people without traditionally accepted collateral are good credit risks. In 1993, the Grameen Bank had operations in 33,000 out of a possible 68,000 villages in Bangladesh. The operations include 1030 branches and a staff of 12,000 people. 1.6 million people are recipients of loans, of whom 94% are women. The population served is the poorest and has no experience in income generation. Conclusions drawn from this experience are that women are better managers of resources and are more serious entrepreneurs than men and that the benefits of loan programs for the poor go directly to children and households. Women's self-image suffers from negative social conceptions, and one task is to convince women of their value, skills, and possibility of advancement. The bank philosophy rests with the belief that all human beings are a "treasure of potential possibilities." Women are advised to protect their money and marriage and not to sacrifice one for the other. Husbands initially are against money going to wives, but eventually they understand that the family benefits. Over 200,000 loans have been made for the provision of housing. The loan requirement is that the woman must own the land on which the house is built. Husband's have the opportunity to transfer title of the land to the wife. Ownership of land provides security for the wife.

  1. THE ROMANIAN BANKING SYSTEM DURING THE ECONOMIC-FINANCIAL CRISIS

    Directory of Open Access Journals (Sweden)

    MAGDALENA RĂDULESCU

    2014-06-01

    Full Text Available The Romanian banking system was hit by the financial crisis in 2008 and the banking credit activity almost stopped for a few years. National Bank of Romania tighted the credit conditions and imposed strong regulations for banks. After the peak of the crisis, the credit conditions become lax again, trying to re-launch the economic activity by credit, but the effects in the economy didn’t appear until the end of 2013. Our banking system exposure to the foreign capital banks (Greek or Austrian and the political crisis in some European countries (Greece and Ukraine didn’t help either and increased the banking risks. Although the fundamentals of the Romanian banking system were sound, it faced the crisis well but it couldn’t support the recovery of our economy.

  2. Investment Banking

    OpenAIRE

    Oana Mihaela Vãsioiu

    2008-01-01

    The economic, financial and monetary changes had serious consequences not only on the level of providing the finance necessary for the development process but also on the level of providing the finance required for importing the basic food needs and rendering necessary production inputs. All these problems show the importance of “Banks” generally and “Investment Banks” particularly in the emerging and underdeveloped countries. Banks as financial institution or intermediary mobilize either nat...

  3. Banking Sectors in the new European Union Member States

    Directory of Open Access Journals (Sweden)

    Marek Stefański

    2010-03-01

    Full Text Available The main goal of his article is to analyze the economic position and financial strength of banking sectors in the new European Union member states (EU-12. The banking sector consists of all banks that operate in a given country except for the central bank and non-operating banks, such as those in the state of insolvency or liquidation. The author discusses EU-12 banking sectors with regard to a number of economic and financial indices, including the size of assets, the degree of their concentration, ownership types, financial results and efficiency. The analysis is followed by an attempt to evaluate those sectors and assess their financial stability and resistance to macroeconomic and banking risks. Action EU-12 banking sectors in the time of financial crisis is presented as well. Analysis is accompanied by the hypothesis, that about further development of UE-12 banking sectors will decide foreign owners of banks.

  4. 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.

  5. Banking Efficiency in Lebanon: An Empirical Investigation

    Directory of Open Access Journals (Sweden)

    Mouataz Zreika

    2011-01-01

    Full Text Available Problem statement: The main goal behind this study is to identify whether banks are working at full efficiency or not and spot the changes in efficiency for banks operating in Lebanon after 2007 financial crisis. Approach: This study was conducted to examine the technical efficiency of 40 banks operating in Lebanon over the two sub-periods 2002-2006 and 2006-2009 using Data Envelopment Analysis (DEA. Results: The results from DEA show that the extent of technical efficiency varies across the banks. Citibank, HSBC, BBAC, IBL and FBL are found to be working at fully technical efficiency, while RBA, HBA, BCN, SGBL, BLA and SLCB are found to be prominently inefficient. Technical efficiency is the highest in large banks and lowest in small banks. Conclusion: After 2007 financial crisis, foreign banks have suffered more with technical efficiency decreasing in foreign banks, while local banks had a significant increase in technical efficiency. Small and medium banks are found to be working at increasing returns to scale, while large banks are working at decreasing returns to scale.

  6. Analysis of Operational Efficiency in China's Commercial Banks after Financial Reform-Based on Panel Data of 14 Commercial Banks%金融改革下中国商业银行经营效率研究——基于14家商业银行面板数据的分析

    Institute of Scientific and Technical Information of China (English)

    苏飞

    2012-01-01

    本文尝试探讨金融改革下中国不同所有制商业银行经营效率差异。我们使用分组随机前沿成本函数模型(Group Stochastic Frontier Analysis,SFA—Group)对14家全国性商业银行1985—2010年间成本效率值进行计算。同时,本文引入Tobit模型以解释银行间效率差异的原因。实证结果表明:股份制商业银行的经营效率优于国有商业银行,金融改革对股份制商业银行经营效率的提升具有更明显作用。银行规模、不良贷款率以及直接融资额比例是影响经营效率的主要因素。提高金融市场竞争程度、完善上市银行公司治理机制以及转变商业银行经营方式是以后金融改革的重点。%This study applies Group Stochastic Frontier Analysis (SFA-Group) to compare the efficiencies of China's commercial banks that may he classified into tow groups based on ownerships after financial reforms. Panel data of 14 commercial banks coveting 1985--2010 period are employed to illustrate this model. Besides, we try to investigate the factors of different efficiencies using the Tobit model. The empirical results show that the operational efficiency of joint-stock commercial banks is better than that of state-owned commercial banks on average. The bank-scale, non-performing loans ratio and direct financing ratio are the main factors that influence the efficiency. To increase the competition on financial markets, improve the mecha- nism of corporate governance and to change the operation mode of listed commercial banks are keys of financial reforms in the future.

  7. Transformation of the Polish Banking Sector

    Directory of Open Access Journals (Sweden)

    Marek Stefański

    2009-07-01

    Full Text Available In the post-war period the banking system in Poland underwent two important system transitions: after 1946 and after 1989. The third transformation began after May 1, 2004, but it did not have a systemic character. The Polish banking sector started to operate on the Single European Market. The first part of the paper is devoted to the problems of the banks transformations after 1989 with a special focus on the quantitative development of banks in 19892008, and on subsequent privatisation and consolidation processes. The former intensified in 19891999, and the latter in 19992002. The consolidation process was very noticeable in the sector of cooperative banks after 1994. The second part of the paper includes an economic and financial analysis of the banks. A lot of attention was paid to the liquidity of the banking sector. It was assessed as good, which was confirmed by a short-term rating of Moodys and by the Financial Stability Report 2009, published by the National Bank of Poland in June 2009. The comparison of the net profit of the banking sector in 19972008 shows its dependence on the economic situation and policy. The number of banks with capital adequacy ratio well above the minimum required by the banking supervision is rising. The financial power ratings are not favorable for the domestic banks. The third part of the paper focuses on the development directions of the Polish banking sector. It may be concluded on the basis of the analysis that privatisation and consolidation processes will be continued. They will concentrate on the capital of foreign banks already operating in Poland. As compared with individual foreign banks, the potential of the Polish banking sector is week. The fourth part of the paper focuses on the presentation Polish banking sector in the context of European Union banking sector. The paper finishes with conclusions. Generally, Polish banks have to implement a strategy to enable them to compete on the Single

  8. VENESAT-1 Successfully Launched

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    @@ Venezuelan first satellite VENESAT-1 (or Simon Bolivar) was sent to space from the Xichang Satellite Launch Center(XSLC) at 0:53 (Beijing time) on October 30 atop a LM-3B launch vehicle. About 12 minutes later, the satellite entered the preset GTO orbit at the altitude of 36,000km. After four maneuvers, the satellite was normally positioned at 78 degrees west longitude at 15:39 (Beijing time) on November 9,beaming the majority of Latin America and part of the Caribbean region.

  9. NASA's Space Launch System: Moving Toward the Launch Pad

    Science.gov (United States)

    Creech, Stephen D.; May, Todd A.

    2013-01-01

    The National Aeronautics and Space Administration's (NASA's) Space Launch System (SLS) Program, managed at the Marshall Space Flight Center (MSFC), is making progress toward delivering a new capability for human space flight and scientific missions beyond Earth orbit. Designed with the goals of safety, affordability, and sustainability in mind, the SLS rocket will launch the Orion Multi-Purpose Crew Vehicle (MPCV), equipment, supplies, and major science missions for exploration and discovery. Supporting Orion's first autonomous flight to lunar orbit and back in 2017 and its first crewed flight in 2021, the SLS will evolve into the most powerful launch vehicle ever flown via an upgrade approach that will provide building blocks for future space exploration. NASA is working to deliver this new capability in an austere economic climate, a fact that has inspired the SLS team to find innovative solutions to the challenges of designing, developing, fielding, and operating the largest rocket in history. This paper will summarize the planned capabilities of the vehicle, the progress the SLS Program has made in the 2 years since the Agency formally announced its architecture in September 2011, the path it is following to reach the launch pad in 2017 and then to evolve the 70 metric ton (t) initial lift capability to 130-t lift capability after 2021. The paper will explain how, to meet the challenge of a flat funding curve, an architecture was chosen that combines the use and enhancement of legacy systems and technology with strategic new developments that will evolve the launch vehicle's capabilities. This approach reduces the time and cost of delivering the initial 70 t Block 1 vehicle, and reduces the number of parallel development investments required to deliver the evolved 130 t Block 2 vehicle. The paper will outline the milestones the program has already reached, from developmental milestones such as the manufacture of the first flight hardware, to life

  10. Credit Risk and Commercial Banks' Performance in Vietnam

    OpenAIRE

    Lan, Tianjing

    2014-01-01

    Commercial banks may suffer losses caused by risk. For modern commercial banks, the potential risk is likely to bring economic losses or reducing the banks’ profitability. Contemporaries, credit risk has become the most significant problem banks facing and is a fatal threat for the healthy operation of commercial banks. Hence, bank credit risk management has got important academic value and practical significance. Vietnam’s economic reform and opening up especially from 2007 to the WTO ent...

  11. Perbandingan NPL, LDR, CAR, ROA, dan BOPO Antara Bank BNI Dan Bank BUMN Lain

    Directory of Open Access Journals (Sweden)

    Tri Wahyuningsih

    2016-09-01

    Full Text Available This study aims to analyze the differences in financial performance of Bank BNI and other BUMN Banks by the measuring the ratio of Non Performing Loan (NPL, Loan to Deposit Ratio (LDR, Adecuacy Capital Ratio (CAR, Return on Assets (ROA and BOPO. The study was conducted by using descriptive analysis method. The results of this study explained that the performance NPL, LDR, and Bank BNI's CAR on average during the past eight semesters was still better than BUMN Banks on average, while the performance of ROA and BOPO remained below the average Revenues and Operating Expenses of Operational Income of  Bank BUMN. The results also showed that all BUMN banks still showed good and healthy performance and in accordance with the provisions set by Bank Indonesia. This study also presented the strategy undertaken by Bank BNI to improve its financial performance, that is, the business synergy of all units unit, growth in good-quality assets, optimization of the customer engagement, strengthening the network and develop alliances, optimization of existing resources and simplification of processes, and enhancing customer experiences through improving processes and business models to  digital banking. Keywords: Non-Performing Loans, Loan to Deposit Ratio, Capital Adequacy Ratio, Return on Assets, Revenues and Operating Expenses of Operational Income, Bank BNI, Bank BUMN.

  12. 12 CFR 225.171 - What are the limitations on managing or operating a portfolio company held as a merchant banking...

    Science.gov (United States)

    2010-01-01

    ... routine business decisions, such as entering into transactions in the ordinary course of business or...) of the Bank Holding Company Act (12 U.S.C. 1843(k)(4)(I)); (4) A small business investment company (as defined in section 302(b) of the Small Business Investment Act of 1958 (15 U.S.C....

  13. STS-114: Post Launch Press Conference

    Science.gov (United States)

    2005-01-01

    Dean Acosta, Deputy Assistant Administrator for Public Affairs hosted this post launch press conference. Present were Mike Griffin, NASA Administrator; William Ready, Associate Administrator for Space Operations; Bill Parsons, Space Shuttle Program Manager; Mike Leinbach, NASA Launch Director; and Wayne Hill, Deputy Program Manager for Space Shuttle Program. Each expressed thanks to all of NASA Officials and employees, contractors, vendors and the crew for their hard work the past two and a half years that resulted the successful and pristine launch of Space Shuttle Discovery. The Panel emphasized that through extensive technical analysis, thorough planning and tremendous amount of public support brought them full circle again to return to flight. Flight safety, debris during rocket separation, sensors, observations from the mission control, launch conditions were some of the topics discussed with the News media.

  14. Bank Liquidity Risk: Analysis and Estimates

    Directory of Open Access Journals (Sweden)

    Meilė Jasienė

    2012-12-01

    Full Text Available In today’s banking business, liquidity risk and its management are some of the most critical elements that underlie the stability and security of the bank’s operations, profit-making and clients confidence as well as many of the decisions that the bank makes. Managing liquidity risk in a commercial bank is not something new, yet scientific literature has not focused enough on different approaches to liquidity risk management and assessment. Furthermore, models, methodologies or policies of managing liquidity risk in a commercial bank have never been examined in detail either. The goal of this article is to analyse the liquidity risk of commercial banks as well as the possibilities of managing it and to build a liquidity risk management model for a commercial bank. The development, assessment and application of the commercial bank liquidity risk management was based on an analysis of scientific resources, a comparative analysis and mathematical calculations.

  15. Athermal laser launch telescopes

    NARCIS (Netherlands)

    Kamphues, F.G.; Henselmans, R.; Rijnveld, N.; Lemmen, M.H.J.; Doelman, N.J.; Nijkerk, M.D.

    2011-01-01

    ESO has developed a concept for a compact laser guide star unit for use in future Adaptive Optics (AO) systems. A small powerful laser is combined with a telescope that launches the beam, creating a single modular unit that can be mounted directly on a large telescope. This approach solves several

  16. Athermal laser launch telescopes

    NARCIS (Netherlands)

    Kamphues, F.G.; Henselmans, R.; Rijnveld, N.; Lemmen, M.H.J.; Doelman, N.J.; Nijkerk, M.D.

    2011-01-01

    ESO has developed a concept for a compact laser guide star unit for use in future Adaptive Optics (AO) systems. A small powerful laser is combined with a telescope that launches the beam, creating a single modular unit that can be mounted directly on a large telescope. This approach solves several o

  17. Magnetic Launch Assist System Demonstration Test

    Science.gov (United States)

    2001-01-01

    Engineers at the Marshall Space Flight Center (MSFC) have been testing Magnetic Launch Assist Systems, formerly known as Magnetic Levitation (MagLev) technologies. To launch spacecraft into orbit, a Magnetic Launch Assist system would use magnetic fields to levitate and accelerate a vehicle along a track at a very high speed. Similar to high-speed trains and roller coasters that use high-strength magnets to lift and propel a vehicle a couple of inches above a guideway, the launch-assist system would electromagnetically drive a space vehicle along the track. A full-scale, operational track would be about 1.5-miles long and capable of accelerating a vehicle to 600 mph in 9.5 seconds. This photograph shows a subscale model of an airplane running on the experimental track at MSFC during the demonstration test. This track is an advanced linear induction motor. Induction motors are common in fans, power drills, and sewing machines. Instead of spinning in a circular motion to turn a shaft or gears, a linear induction motor produces thrust in a straight line. Mounted on concrete pedestals, the track is 100-feet long, about 2-feet wide, and about 1.5- feet high. The major advantages of launch assist for NASA launch vehicles is that it reduces the weight of the take-off, the landing gear, the wing size, and less propellant resulting in significant cost savings. The US Navy and the British MOD (Ministry of Defense) are planning to use magnetic launch assist for their next generation aircraft carriers as the aircraft launch system. The US Army is considering using this technology for launching target drones for anti-aircraft training.

  18. 宏观经济变量影响下的银行极端操作风险研究%Application of extreme operational risk measurement models for commercial banks based on macroeconomics factors in stock markets

    Institute of Scientific and Technical Information of China (English)

    杨青; 张亮亮; 魏立新

    2012-01-01

    Operational risk is one of the most important risks in financial institutions, however, traditional models couldn' t measure it efficiently as a result of its fat-tail distribution and lacking of data on extreme failure events in practice. The paper introduces a Compound Poisson Process Model to measuring the aggregate extreme operational risk of commercial banks both by General Pareto Distribution ( GPD) and by Generalized extreme value (GEV) distribution. Further, it gets the operational risk data of six international banks using multi-factors Fama-French model to reduce the impact of market risk, credit risk and liquidity risk by considering macroeconomics factors and environments in stock markets. The results show that banks' aggregate extreme operational risk in terms of Conditional Value at Risk ( OpCVaR) are higher than their Value at Risk (OpVaR) in terms of Peak over Threshold (POT), while Block Maxima Models( BMM) can measure the possible maximum value of the loss of banks per day during certain period. Also, we find the aggregate extreme operational risk of Chinese banks are lower than that of international banks if including the systematic crisis but international counterparts have a better risk management than Chinese banks before the crisis.%操作风险管理是当前金融和监管机构密切关注的焦点,但其低频高危数据的严重缺失一直阻碍着极端操作风险度量模型的应用.本文构建了考虑发生频度的复合泊松过程应用模型,从广义帕累托分布(GPD)与广义极值分布(GEV)两种角度度量商业银行的极端操作风险.通过采用国际活跃银行的资本市场数据,基于宏观经济变量影响的Fama-French多因素模型,剥离传统的市场风险、信用风险以及流动性风险等获得综合操作风险极端数据,模拟测度外部事件影响下的银行极端操作风险发现:基于POT(过阈值峰值模型)方法估算的OpCVaR(操作风险的条件在险价值)高于其累

  19. 12 CFR 614.4110 - Transfer of direct lending authority to Federal land bank associations and agricultural credit...

    Science.gov (United States)

    2010-01-01

    ... Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Bank/Association... agricultural real estate mortgage loans by a Farm Credit Bank or agricultural credit bank to a Federal land... estate loans by a Farm Credit Bank or agricultural credit bank to an agricultural credit...

  20. Banking system trust, bank trust, and bank loyalty

    NARCIS (Netherlands)

    van Esterik-Plasmeijer, P.; van Raaij, W.F.

    2017-01-01

    Purpose The purpose of this paper is to test a model of banking system trust as an antecedent of bank trust and bank loyalty. Six determinants of trust and loyalty are included: competence, stability, integrity, customer orientation, transparency, and value congruence. The study provides insights

  1. Current trends of banking innovations

    Directory of Open Access Journals (Sweden)

    A.M. Karminskiy

    2013-06-01

    -traditional market segments (business insurance, financial leasing, real estate investment, trust operations, innovations of the monetary and financial markets (derivatives market, innovations on traditional segments of capital market (increasing of the efficiency of financial intermediation, certificates of deposit, bonds with floating interest rates, etc. and tries to explane the sufficient interdependence with the IT-Sector. The paper also considers such products as Siebel CRM, FICO Score, SaS, Diasoft, internet banking, etc.Conclusions and directions of further researches. The classification and the main trends of innovations on Russian banking sector allow to see certain patterns of occurrence of innovation activity and highlights the direction of innovation strategy based on the predominance of a certain types of innovation. Further investigations will examine the diffusion process of different types of banking innovations.

  2. THE EPISTEMOLOGICAL PERSPECTIVE OF FRACTIONAL RESERVE BANKING AND FULL RESERVE BANKING: WHERE ISLAMIC BANKING SHOULD STAND?

    Directory of Open Access Journals (Sweden)

    Yaser Taufik Syamlan

    2017-06-01

    Full Text Available Objectives – this research is aimed to compare those epistemological bases to the mindset of Islamic Bank and try to drive the philosophy in practical operation whether based on the Fractional Reserve Banking Sytem (RBS or 100% RBS and analyze the challenges in deploying the 100%RBS. Methods - This research will be conducted based on an extensive literature review.Results - Based on the epistemological analysis of money and the business cycle as well as the views of Islamic scholars, 100%RBS should be the best for Islamic Bank. There are four types of 100% RBS namely Pure Commodity Money, Sovereign Money, Narrow Banking, and Limited Purpose Banking. To deploy it into the economic system, another philosophical work should be done to choose one of the types and strengthen it so that the theory of 100%RBS can be implemented for the goodness of Islamic Bank.  Conclusion - In Conclusions, Based on the epistemology defined by Islamic Scholars, FractRBS has more mafsadah if we compare to the maslahah. Therefore, 100% RBS should be better for the Islamic Bank.

  3. Efficiency of the Macedonian banking sector

    Directory of Open Access Journals (Sweden)

    Naumovska Elena

    2016-01-01

    Full Text Available The subject of this paper is to measure the efficiency of the Macedonian banking sector by applying two approaches: firstly, comparative analysis on the efficiency indicators of the banking sector in the Republic of Macedonia and the countries of Central and Southeastern Europe (CSEE and secondly, Data Envelopment Analysis (DEA. The aim is to provide directions and guidelines for further strengthening of the Macedonian banking sector. According to the comparative analysis of the efficiency indicators (net interest margin and operating costs of the Macedonian banking sector and the countries of CSEE, the countries whose banking sector shows lower operating costs are characterized with a higher level of financial deepening and greater degree of financial intermediation. The high interest margins direct towards unsuitable allocation of financial resources and insufficient competitiveness in the domestic banking sector. When applying the DEA approach, it can be stated that the group of large banks marks the highest efficiency within the Macedonian banking sector. The high concentration degree of banking activities within the group of large banks with a leading role in determining the interest rates, results in a rigid interest policy of the banks. In the direction of strengthening the efficiency of the Macedonian banking sector as a whole, the obtained results show that it is necessary for the banks to be further consolidated so as to utilize the advantages of the economies of scale, increase competitiveness, offer a diversified structure of products, invest in new contemporary software solutions that will allow reinforcement of their employees’ productivity and long-term reduction of the operating costs, as well.

  4. ATM Systems In Nigerian Banks: The Wind Of Change | Agundu ...

    African Journals Online (AJOL)

    ATM Systems In Nigerian Banks: The Wind Of Change. ... widespread application of automated teller machines (ATMs) in some top-ranking banks in Nigeria. ... It is however imperative that inherent technology/operations risks be effectively ...

  5. Creative Accounting Practices in Nigerian Banks | Akenbor | African ...

    African Journals Online (AJOL)

    To achieve the purpose of this study research questions were raised, hypotheses were ... banks currently operating in the Federal Capital Territory (FCT)- Abuja. ... in Nigerian banks is to boost the market value of shares; users of accounting ...

  6. Analysis on Corporate Governance Influences toward Banking Efficiency with Bank Category as Moderator Variable

    Directory of Open Access Journals (Sweden)

    Lidiyawati Lidiyawati

    2015-05-01

    Full Text Available Corporate governance system of Sharia financial institution that based on Islamic law may result more  variables principles then conventional owns. The restriction of usury are highly speculative transaction, embedded prohibited matter are main features in Sharia business institution. Sharia Supervisory Board, as board that supervises banking practices conforms to Sharia stipulations, hold strong important role within Islamic banking. Both important points above had direct effects on efficiency which attained by Islamic banking compared with conventional banking. This study examines the influence of corporate governance implementation toward efficiency banking sector with bank category as moderator variable. This study hypothesize that corporate governance has significant influences toward bank’s efficiencies, the influence of corporate governance toward Islamic bank efficiencies is higher than conventional bank, and level of Islamicbank efficiencies is higher than conventional bank. Measurement of efficiencies is using Stochastic Frontier Approach program, and then using SPSS in procces hypothetical model. The results of the study do not support the hypothesis. Examined result shows that statically corporate governance is not influenced by bank efficiency achievement. Corporate governance influences over Islamic bank has not show higher significance than conventional and Islamic bank efficiencies remain steady. Data limitations, complexity of the efficiency measures and the complexity of the operation of Islamic banks may explain the finding.

  7. Strategy of Khrunichev's Launch Vehicles Further Evolution

    Science.gov (United States)

    Medvedev, A. A.; Kuzin, A. I.; Karrask, V. K.

    2002-01-01

    vehicles and it is concerned with a further evolution of its launcher fleet in order to meet arising demands of their services customers. Continuing to provide an operation of current "Proton" heavy launch vehicle and "Rockot" small launch vehicle, Khrunichev is carrying out a permanent improvement of these launchers as well as is developing new advanced launch systems. Thus, the `Proton' just has the improved "Proton-M" version, which was successfully tested in a flight, while an improvement of the "Rockot" is provided by a permanent modernization of its "Breeze-KM" upper stage and a payload fairing. Enhancing of the "Proton/Proton-M's" lift capabilities and flexibility of operation is being provided by introduction of advanced upper stages, the "Breeze- M", which was just put into service, and KVRB being in the development. "Angara-1.1" small launcher is scheduled to a launch in 2003. A creation of this family foresees not only a range of small, medium and heavy launch vehicles based on a modular principle of design but also a construction of high-automated launch site at the Russian Plesetsk spaceport. An operation of the "Angara" family's launchers will allow to inject payloads of actually all classes from Russian national territory into all range of applicable orbits with high technical and economic indices. ecological safety of drop zones, Khrunichev is developing the "Baikal" fly-back reusable booster. This booster would replace expendable first stages of small "Angaras" and strap-ons of medium/heavy launchers, which exert a most influence on the Earth's environment. intercontinental ballistic missiles to current and advanced space launch vehicles of various classes. A succession of the gained experience and found technological solutions are shown.

  8. Optimal RTLS abort trajectories for an HL-20 personnel launch vehicle

    Science.gov (United States)

    Dutton, Kevin

    1993-12-01

    The primary objective of this study was to determine whether Return To Launch Site (RTLS) abort at T seconds along the launch trajectory of the Personnel Launch System (PLS) is possible using optimal control theory. The secondary objective is to assess effects of bank angle constraint, lift coefficient constraint, free and fixed final boundary conditions, etc. of the vehicle. The PLS is a complementary system to the Space Shuttle.

  9. Cassini launch contingency effort

    Science.gov (United States)

    Chang, Yale; O'Neil, John M.; McGrath, Brian E.; Heyler, Gene A.; Brenza, Pete T.

    2002-01-01

    On 15 October 1997 at 4:43 AM EDT, the Cassini spacecraft was successfully launched on a Titan IVB/Centaur on a mission to explore the Saturnian system. It carried three Radioisotope Thermoelectric Generators (RTGs) and 117 Light Weight Radioisotope Heater Units (LWRHUs). As part of the joint National Aeronautics and Space Administration (NASA)/U.S. Department of Energy (DoE) safety effort, a contingency plan was prepared to address the unlikely events of an accidental suborbital reentry or out-of-orbital reentry. The objective of the plan was to develop procedures to predict, within hours, the Earth impact footprints (EIFs) for the nuclear heat sources released during the atmospheric reentry. The footprint predictions would be used in subsequent notification and recovery efforts. As part of a multi-agency team, The Johns Hopkins University Applied Physics Laboratory (JHU/APL) had the responsibility to predict the EIFs of the heat sources after a reentry, given the heat sources' release conditions from the main spacecraft. (No ablation burn-through of the heat sources' aeroshells was expected, as a result of earlier testing.) JHU/APL's other role was to predict the time of reentry from a potential orbital decay. The tools used were a three degree-of-freedom trajectory code, a database of aerodynamic coefficients for the heat sources, secure links to obtain tracking data, and a high fidelity special perturbation orbit integrator code to predict time of spacecraft reentry from orbital decay. In the weeks and days prior to launch, all the codes and procedures were exercised. Notional EIFs were derived from hypothetical reentry conditions. EIFs predicted by JHU/APL were compared to those by JPL and US SPACECOM, and were found to be in good agreement. The reentry time from orbital decay for a booster rocket for the Russian Progress M-36 freighter, a cargo ship for the Mir space station, was predicted to within 5 minutes more than two hours before reentry. For the

  10. 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...

  11. The Analysis and Demonstration of Value Engineering about Operating Performance of Chinese Commercial Bank%我国商业银行经营绩效的价值工程分析及实证研究

    Institute of Scientific and Technical Information of China (English)

    吴娜

    2016-01-01

    Along with the opening up of financial market in China, the gradual formation of the competition pattern of diversified banks, the development of China's commercial banks is facing an unprecedented huge impact. How to maximize the performance of commercial banks is an important issue for the current financial regulatory authorities and market economies. One of the effective solutions is setting and improving the performance value system of commercial bank. By researching, the paper makes a performance value indexes system of operating performance of Chinese commercial bank, which is scientific and effective, and makes use of the theory and methods of value engineering to construct the synthetic model of valuing the performance of Chinese commercial bank, which is made for demonstration research.%随着中国金融市场的逐步对外开放、多元化银行竞争格局的逐渐形成,我国商业银行的发展面临着前所未有的巨大冲击。如何最大程度地提高商业银行的经营绩效,是当前金融监管当局和市场各经济体普遍关注的重要问题。解决这一问题的有效途径之一,是建立和完善科学的商业银行经营绩效评价体系。本文通过研究和确定科学有效的商业银行经营绩效评价指标体系,采用价值工程理论和方法为主要分析工具,构造了商业银行经营绩效评价的综合模型,并用该模型进行了实证研究。

  12. Establishment and operation of a Good Manufacturing Practice-compliant allogeneic Epstein-Barr virus (EBV)-specific cytotoxic cell bank for the treatment of EBV-associated lymphoproliferative disease.

    Science.gov (United States)

    Vickers, Mark A; Wilkie, Gwen M; Robinson, Nicolas; Rivera, Nadja; Haque, Tanzina; Crawford, Dorothy H; Barry, Jacqueline; Fraser, Neil; Turner, David M; Robertson, Victoria; Dyer, Phil; Flanagan, Peter; Newlands, Helen R; Campbell, John; Turner, Marc L

    2014-11-01

    Epstein-Barr virus (EBV) is associated with several malignancies, including post-transplant lymphoproliferative disorder (PTLD). Conventional treatments for PTLD are often successful, but risk organ rejection and cause significant side effects. EBV-specific cytotoxic T lymphocytes (CTLs) generated in vitro from peripheral blood lymphocytes provide an alternative treatment modality with few side effects, but autologous CTLs are difficult to use in clinical practice. Here we report the establishment and operation of a bank of EBV-specific CTLs derived from 25 blood donors with human leucocyte antigen (HLA) types found at high frequency in European populations. Since licensure, there have been enquiries about 37 patients, who shared a median of three class I and two class II HLA types with these donors. Cells have been infused into ten patients with lymphoproliferative disease, eight of whom achieved complete remission. Neither patient with refractory disease was matched for HLA class II. Both cases of EBV-associated non-haematopoietic sarcoma receiving cells failed to achieve complete remission. Thirteen patients died before any cells could be issued, emphasizing that the bank should be contacted before patients become pre-terminal. Thus, this third party donor-derived EBV-specific CTL cell bank can supply most patients with appropriately matched cells and most recipients have good outcomes.

  13. Alternative methods of corporate control in commercial banks

    OpenAIRE

    Stephen D. Prowse

    1995-01-01

    In this article, Stephen Prowse investigates how owners of commercial banks encourage management to follow value-maximizing policies. While the "corporate control mechanism" in nonfinancial firms is well documented, for the banking industry much less evidence is available. Moreover, unique factors in the operating environment of commercial banks may mean that their corporate control mechanism operates differently from that of nonfinancial firms. ; Prowse analyzes a sample of bank holding comp...

  14. 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.

  15. 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...

  16. Banking governance: New Approaches

    Directory of Open Access Journals (Sweden)

    Victor Mihăiţă Duţă

    2016-11-01

    Full Text Available Banks are companies like any other. However, banks are distinguished by certain intrinsic characteristics of companies that have a different impact on the motivation of stakeholders. Among these features, we mention:partnership and shareholders governance agreements; banks are heavily regulated companies; banking assets is the main source of haze banking and information asymmetry; between the bank and depositors there is a problem of moral hazard.

  17. 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.

  18. Launch of Zoological Letters.

    Science.gov (United States)

    Fukatsu, Takema; Kuratani, Shigeru

    2016-02-01

    A new open-access journal, Zoological Letters, was launched as a sister journal to Zoological Science, in January 2015. The new journal aims at publishing topical papers of high quality from a wide range of basic zoological research fields. This review highlights the notable reviews and research articles that have been published in the first year of Zoological Letters, providing an overview on the current achievements and future directions of the journal.

  19. Launching Another Crisis

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    North Korea's test-firing of a range of missiles gets a mixed reaction from the international communityWhen the Democratic People's Republic of Korea (DPRK) test-fired a stream of missiles on July 5, it drew sharp concerns from a global communi- ty perpetually concerned over stability and security in the Asia-Pacific region. According to government reports from South Korea, the DPRK launched at least seven missiles from two sites along its east

  20. Launch Pad Flame Trench Refractory Materials

    Science.gov (United States)

    Calle, Luz M.; Hintze, Paul E.; Parlier, Christopher R.; Bucherl, Cori; Sampson, Jeffrey W.; Curran, Jerome P.; Kolody, Mark; Perusich, Steve; Whitten, Mary

    2010-01-01

    The launch complexes at NASA's John F. Kennedy Space Center (KSC) are critical support facilities for the successful launch of space-based vehicles. These facilities include a flame trench that bisects the pad at ground level. This trench includes a flame deflector system that consists of an inverted, V-shaped steel structure covered with a high temperature concrete material five inches thick that extends across the center of the flame trench. One side of the "V11 receives and deflects the flames from the orbiter main engines; the opposite side deflects the flames from the solid rocket boosters. There are also two movable deflectors at the top of the trench to provide additional protection to shuttle hardware from the solid rocket booster flames. These facilities are over 40 years old and are experiencing constant deterioration from launch heat/blast effects and environmental exposure. The refractory material currently used in launch pad flame deflectors has become susceptible to failure, resulting in large sections of the material breaking away from the steel base structure and creating high-speed projectiles during launch. These projectiles jeopardize the safety of the launch complex, crew, and vehicle. Post launch inspections have revealed that the number and frequency of repairs, as well as the area and size of the damage, is increasing with the number of launches. The Space Shuttle Program has accepted the extensive ground processing costs for post launch repair of damaged areas and investigations of future launch related failures for the remainder of the program. There currently are no long term solutions available for Constellation Program ground operations to address the poor performance and subsequent failures of the refractory materials. Over the last three years, significant liberation of refractory material in the flame trench and fire bricks along the adjacent trench walls following Space Shuttle launches have resulted in extensive investigations of

  1. Launch Services, a Proven Model

    Science.gov (United States)

    Trafton, W. C.; Simpson, J.

    2002-01-01

    From a commercial perspective, the ability to justify "leap frog" technology such as reusable systems has been difficult to justify because the estimated 5B to 10B investment is not supported in the current flat commercial market coupled with an oversupply of launch service suppliers. The market simply does not justify investment of that magnitude. Currently, next generation Expendable Launch Systems, including Boeing's Delta IV, Lockheed Martin's Atlas 5, Ariane V ESCA and RSC's H-IIA are being introduced into operations signifying that only upgrades to proven systems are planned to meet the changes in anticipated satellite demand (larger satellites, more lifetime, larger volumes, etc.) in the foreseeable future. We do not see a new fleet of ELVs emerging beyond that which is currently being introduced, only continuous upgrades of the fleet to meet the demands. To induce a radical change in the provision of launch services, a Multinational Government investment must be made and justified by World requirements. The commercial market alone cannot justify such an investment. And if an investment is made, we cannot afford to repeat previous mistakes by relying on one system such as shuttle for commercial deployment without having any back-up capability. Other issues that need to be considered are national science and security requirements, which to a large extent fuels the Japanese, Chinese, Indian, Former Soviet Union, European and United States space transportation entries. Additionally, this system must support or replace current Space Transportation Economies with across-the-board benefits. For the next 10 to 20 years, Multinational cooperation will be in the form of piecing together launch components and infrastructure to supplement existing launch systems and reducing the amount of non-recurring investment while meeting the future requirements of the End-User. Virtually all of the current systems have some form of multinational participation: Sea Launch

  2. Launch Control Network Engineer

    Science.gov (United States)

    Medeiros, Samantha

    2017-01-01

    The Spaceport Command and Control System (SCCS) is being built at the Kennedy Space Center in order to successfully launch NASA’s revolutionary vehicle that allows humans to explore further into space than ever before. During my internship, I worked with the Network, Firewall, and Hardware teams that are all contributing to the huge SCCS network project effort. I learned the SCCS network design and the several concepts that are running in the background. I also updated and designed documentation for physical networks that are part of SCCS. This includes being able to assist and build physical installations as well as configurations. I worked with the network design for vehicle telemetry interfaces to the Launch Control System (LCS); this allows the interface to interact with other systems at other NASA locations. This network design includes the Space Launch System (SLS), Interim Cryogenic Propulsion Stage (ICPS), and the Orion Multipurpose Crew Vehicle (MPCV). I worked on the network design and implementation in the Customer Avionics Interface Development and Analysis (CAIDA) lab.

  3. 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.

  4. General Dynamic (GD) Launch Waveform On-Orbit Performance Report

    Science.gov (United States)

    Briones, Janette C.; Shalkhauser, Mary Jo

    2014-01-01

    The purpose of this report is to present the results from the GD SDR on-orbit performance testing using the launch waveform over TDRSS. The tests include the evaluation of well-tested waveform modes, the operation of RF links that are expected to have high margins, the verification of forward return link operation (including full duplex), the verification of non-coherent operational models, and the verification of radio at-launch operational frequencies. This report also outlines the launch waveform tests conducted and comparisons to the results obtained from ground testing.

  5. Arianespace: Launch Solutions for Scientific Endeavours

    Science.gov (United States)

    Le Gall, J.-Y.

    Arianespace was established 25 years ago and currently stands as the European operator offering launch services from the Guiana Space Centre CSG according to the mandate given by the European Member States through the European Space Agency ESA While guaranteeing access to space through commercially sustained capabilities Arianespace is first and foremost dedicated to satisfy scientific requests to orbit any mission providing reliable and available market-priced solutions to the scientific community In this regard among the 232 spacecraft deployed by Arianespace include all European space observatories such as Giotto 1985 Hipparcos 1989 ISO 1995 XMM 1999 Envisat 2002 Mars Express 2003 Rosetta 2004 Venus Express 2005 This longstanding heritage illustrates the Arianespace steady commitment toward its scientific customers to tailor launch solutions according to their requirements Arianespace operates a fleet of launch vehicles optimized for each and every scientific mission including the heavy-lift Ariane 5 the mid-size Soyuz currently launched from Baikonur and available from CSG beginning in 2008 and the light Vega starting in 2008 More than a launch Arianespace provides consummate and adapted solutions paving the way for cost-effective and target-oriented scientific endeavours

  6. The Impact of Market Orientation on the Performance of Islamic Banks (Case Study: Jordanian Islamic Banks

    Directory of Open Access Journals (Sweden)

    Dr. Mahmud Aqel Abu Dalbooh

    2014-01-01

    Full Text Available The aims of study to know the "impact of market orientation on Islamic banks” according to the perspective of the market" for customers, competitors, and jobs, and due to its importance, it focuses on addressing the problems faced by the performance of Islamic banks operating in Jordan. The study showed public and private obstacles facing the Jordanian banking performance according to the perspective of a change in the needs and desires of customers, competition situation, and coordination between the various banking functions. The study population included the employees in the Islamic banks in Jordan amounting to 710 employee, including (3 Islamic banks; the study sample consisted of 71 employees who were randomly selected. In collecting data, the researcher depended on elementary and secondary resources and supported them with related studies. The study concluded that the banking performance faces a gap or lack of the management understanding of the rapid and changing requirements of customers (the gap of banking management with employees and customers in addition to the fact that competitors in the banking sector have highly competitive and distinctive abilities according to their banking resources and the customers’ requirements. The study recommended that the Jordanian Islamic banks must be combining to meet the competitive situation in the banking sector, develop the methods of providing banking services and rehabilitate and prepare the employees in a way that suits the evolution of the needs, desires and preferences of customers.

  7. The Consolidation on Banking Supervision in the Context of a Pan European Banking System

    Directory of Open Access Journals (Sweden)

    Teodora Barbu

    2007-03-01

    Full Text Available The diversity of national banking systems in the European banking system and the absence of consolidated supervision creates the premises for a series of interrogations whose essence is the same: Is it possible to discuss about a Pan European Banking System? The starting point in answering this question was the efforts to create a single banking market, which took place in 1973-1999, and the impact of integration on the European Banking Industry. Among the most representative aspects, it must be emphasized the necessity of consolidating banking supervision at an European level, considering that the International Banking Community studies the problematic of banking regulations at a global level. The two dimensions of the prudential and European bank supervision device – the geographic and the institutional – demand the creation of a structural reform in order to ensure the functioning of a Pan European system of banking supervision and regulations. The considerations on the Consolidation of European Banking Supervision draws into discussion the Financial Supervision Authority which has generalized as an applicable model in numerous European countries and has been mentioned as an alternative of Pan European banking supervision. In the process of the integration of the banking sector, the Basel II Accord represents an opportunity in reaching a convergence of national regulations and practices in matters of risk management, considering that these actions are in line with the preoccupations of realizing a Pan European banking system. Thus, the creation of Pan European banking system involves actions in more directions: legal, institutional, operational meant to ensure the consolidation of banking supervision.

  8. Launch Services Program EMC Issues

    Science.gov (United States)

    trout, Dawn

    2004-01-01

    Presentation covers these issues: (1) Vehicles of the Launch Services Program, (2) RF Environment, (3) Common EMC Launch Vehicle Payload Integration Issues, (4) RF Sensitive Missions and (5) Lightning Monitoring,

  9. 12 CFR 615.5171 - Transfer of capital from banks to associations.

    Science.gov (United States)

    2010-01-01

    ... all of the shareholders; (2) The bank will be able to achieve its capital adequacy and business plan... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Transfer of capital from banks to associations... FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Property, Transfers of Capital,...

  10. Experimental Satellite 2 Successfully Launched

    Institute of Scientific and Technical Information of China (English)

    LiuJie

    2004-01-01

    Small satellite Experimental Satellite 2 (SY-2) was launched by LM-2C launch vehicle from Xichang Satellite Launch Center on Nov. 18, 2004. Later the satellite entered the preset sun-synchronous orbit, which is 700 kilometers above the earth. The launch was the eighthmission this year by China Aerospace Science and Technology Corporation(CASC), which aims to test the technology of the satellite, conduct survey and monitoring of the land and resources and geographical environment on a trial basis.

  11. An Analysis of the Internal Audit and Internal Control Systems of Banks in TRNC

    OpenAIRE

    Argun, Ali

    2016-01-01

    This research investigates the internal audit and internal control systems of banks in TRNC. Internal audit is one of the most important units of a bank. It includes checking and assessing overall accuracy and consistency of banks’ operations. During the last three decades the bank management and operations of banks have evolved due to financial liberalization, globalization and technological innovation which also increased operational risks. Banks are required to develop their internal contr...

  12. Launch Stabilisation System for Vertical Launch of a Missile

    Directory of Open Access Journals (Sweden)

    K. Sreekumar

    2005-07-01

    Full Text Available The launch platform stabilisation control system is a roll-pitch stabilised platform for the vertical launch of a missile from a naval ship. Stabilisation of the launch platform is achievedwith the help of embedded controllers and electro-hydraulic servo control system. The launch platform is stabilised wrt true horizontal with a 2-axis (roll and pitch stabilisation systemconsisting of a gimbal and a set of three high-pressure servo hydraulic actuators. The control system uses rate gyro and tilt sensor feedbacks for stabilising the platform. This paper outlines the details of the launch platform stabilisation control system, results of digital simulation, and the performance during sea trials.

  13. Expendable launch vehicle studies

    Science.gov (United States)

    Bainum, Peter M.; Reiss, Robert

    1995-01-01

    Analytical support studies of expendable launch vehicles concentrate on the stability of the dynamics during launch especially during or near the region of maximum dynamic pressure. The in-plane dynamic equations of a generic launch vehicle with multiple flexible bending and fuel sloshing modes are developed and linearized. The information from LeRC about the grids, masses, and modes is incorporated into the model. The eigenvalues of the plant are analyzed for several modeling factors: utilizing diagonal mass matrix, uniform beam assumption, inclusion of aerodynamics, and the interaction between the aerodynamics and the flexible bending motion. Preliminary PID, LQR, and LQG control designs with sensor and actuator dynamics for this system and simulations are also conducted. The initial analysis for comparison of PD (proportional-derivative) and full state feedback LQR Linear quadratic regulator) shows that the split weighted LQR controller has better performance than that of the PD. In order to meet both the performance and robustness requirements, the H(sub infinity) robust controller for the expendable launch vehicle is developed. The simulation indicates that both the performance and robustness of the H(sub infinity) controller are better than that for the PID and LQG controllers. The modelling and analysis support studies team has continued development of methodology, using eigensensitivity analysis, to solve three classes of discrete eigenvalue equations. In the first class, the matrix elements are non-linear functions of the eigenvector. All non-linear periodic motion can be cast in this form. Here the eigenvector is comprised of the coefficients of complete basis functions spanning the response space and the eigenvalue is the frequency. The second class of eigenvalue problems studied is the quadratic eigenvalue problem. Solutions for linear viscously damped structures or viscoelastic structures can be reduced to this form. Particular attention is paid to

  14. Survey of Italian human milk banks.

    Science.gov (United States)

    De Nisi, Giuseppe; Moro, Guido E; Arslanoglu, Sertac; Ambruzzi, Amalia M; Biasini, Augusto; Profeti, Claudio; Tonetto, Paola; Bertino, Enrico

    2015-05-01

    At present, the Italian Association of Donor Human Milk Banks (Associazione Italiana Banche del Latte Umano Donato, AIBLUD) consists of 31 milk banks, whose management is based on Italian Guidelines. In 2013, AIBLUD performed a systematic survey to collect data on the activities of banks operating in Italy in the years previous to this date. The purpose of this survey was to evaluate the operational procedures of Italian Human Milk Banks in order to identify both areas of strength and room for improvement. A questionnaire was utilized to obtain national data from the 28 banks active in the year 2012 in order to evaluate the number of donors, volume of human milk collected, and other information relating to the period 2007 to 2012. In all, 89% of the banks (25/28) responded to the survey. Data received primarily concerned the number of donors, volume of milk collected, and average amount of milk from each donor in the period 2007 to 2012. It was evident that in 2012 human milk banks collected a higher volume of milk than in 2007. Further, the average amount of milk from each donor was higher. Most of the milk banks were following the Italian Guidelines for traceability, control of donors, bacteriological checks, method of pasteurization, storage, thawing, type of containers, and utilization of the Hazard Analysis and Critical Control Points system. This survey identified both areas of strength and room for improvement in the Italian human milk banks. © The Author(s) 2015.

  15. Techniques for measuring customers’ satisfaction in Banks

    Directory of Open Access Journals (Sweden)

    Elena Lidia MELNIC

    2016-07-01

    Full Text Available The major concern of banks today is to recover and maintain customer trust. Customers need to feel that banks are considering their best interests. Customers are seeking for easy and personalized information. They want to better understand their financial situation and to control it. They want to know both the benefits, as well as the risks. Clients want to work with banks that are concerned about them and about their personal goals. However, only an attractive offer of banks is not the key to success today if is not supported by a superior service culture, that can make notable differentiation in the market. Many banks all over the world are systematically measuring how well they treat customers, identifying the factors shaping satisfaction, and changing operations and marketing as a result. Wise banks measure customer satisfaction regularly because it is one key to customer retention.

  16. Artist's Concept of Magnetic Launch Assisted Air-Breathing Rocket

    Science.gov (United States)

    1999-01-01

    This artist's concept depicts a Magnetic Launch Assist vehicle in orbit. Formerly referred to as the Magnetic Levitation (Maglev) system, the Magnetic Launch Assist system is a launch system developed and tested by engineers at the Marshall Space Flight Center (MSFC) that could levitate and accelerate a launch vehicle along a track at high speeds before it leaves the ground. Using electricity and magnetic fields, a Magnetic Launch Assist system would drive a spacecraft along a horizontal track until it reaches desired speeds. The system is similar to high-speed trains and roller coasters that use high-strength magnets to lift and propel a vehicle a couple of inches above a guideway. A full-scale, operational track would be about 1.5-miles long, capable of accelerating a vehicle to 600 mph in 9.5 seconds, and the vehicle would then shift to rocket engines for launch into orbit. The major advantages of launch assist for NASA launch vehicles is that it reduces the weight of the take-off, the landing gear, the wing size, and less propellant resulting in significant cost savings. The US Navy and the British MOD (Ministry of Defense) are planning to use magnetic launch assist for their next generation aircraft carriers as the aircraft launch system. The US Army is considering using this technology for launching target drones for anti-aircraft training.

  17. CHINA LAUNCHES NEW SCIENTIFIC SATELLITE

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    China on Sept. 27, 2004 launched a scientific satellite atop a Long March 2D carrier rocket from Jiuquan Satellite Launch Center in Gansu province. 10 minutes after the launch, the satellite entered a preset orbit and is running sound at the orbit. It is the 20th recoverable satellite for scientific and technological

  18. Learning and the central bank

    OpenAIRE

    Charles T. Carlstrom; Timothy S. Fuerst

    2001-01-01

    It is well known that sunspot equilibria may arise under an interest-rate operating procedure in which the central bank varies the nominal rate with movements in future inflation (a forward-looking Taylor rule). This paper demonstrates that these sunspot equilibria may be learnable in the sense of E-stability.

  19. Throttleable GOX/ABS launch assist hybrid rocket motor for small scale air launch platform

    Science.gov (United States)

    Spurrier, Zachary S.

    Aircraft-based space-launch platforms allow operational flexibility and offer the potential for significant propellant savings for small-to-medium orbital payloads. The NASA Armstrong Flight Research Center's Towed Glider Air-Launch System (TGALS) is a small-scale flight research project investigating the feasibility for a remotely-piloted, towed, glider system to act as a versatile air launch platform for nano-scale satellites. Removing the crew from the launch vehicle means that the system does not have to be human rated, and offers a potential for considerable cost savings. Utah State University is developing a small throttled launch-assist system for the TGALS platform. This "stage zero" design allows the TGALS platform to achieve the required flight path angle for the launch point, a condition that the TGALS cannot achieve without external propulsion. Throttling is required in order to achieve and sustain the proper launch attitude without structurally overloading the airframe. The hybrid rocket system employs gaseous-oxygen and acrylonitrile butadiene styrene (ABS) as propellants. This thesis summarizes the development and testing campaign, and presents results from the clean-sheet design through ground-based static fire testing. Development of the closed-loop throttle control system is presented.

  20. New Product Launching Ideas

    Science.gov (United States)

    Kiruthika, E.

    2012-09-01

    Launching a new product can be a tense time for a small or large business. There are those moments when you wonder if all of the work done to develop the product will pay off in revenue, but there are many things are can do to help increase the likelihood of a successful product launch. An open-minded consumer-oriented approach is imperative in todayís diverse global marketplace so a firm can identify and serve its target market, minimize dissatisfaction, and stay ahead of competitors. Final consumers purchase for personal, family, or household use. Finally, the kind of information that the marketing team needs to provide customers in different buying situations. In high-involvement decisions, the marketer needs to provide a good deal of information about the positive consequences of buying. The sales force may need to stress the important attributes of the product, the advantages compared with the competition; and maybe even encourage ìtrialî or ìsamplingî of the product in the hope of securing the sale. The final stage is the post-purchase evaluation of the decision. It is common for customers to experience concerns after making a purchase decision. This arises from a concept that is known as ìcognitive dissonance

  1. The Chinese Banking System

    OpenAIRE

    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...

  2. Predicting Small Bank Failure

    OpenAIRE

    Heyliger, Wilton E.; Don P. Holdren

    1991-01-01

    There are many studies of bank performance and bank failure in the literature. Most of these studies used banking ratios as variables in their models without giving consideration to their appropriateness, nor was much consideration given to the stability of those ratios through time and across asset size. Many studies also failed to recognize that bank structure may differ by asset size. This study evaluates a large number of banking variables in order to identify stable ratios. These ratios ...

  3. 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.

  4. Central bank Financial Independence

    OpenAIRE

    J.Ramon Martinez-Resano

    2004-01-01

    Central bank independence is a multifaceted institutional design. The financial component has been seldom analysed. This paper intends to set a comprehensive conceptual background for central bank financial independence. Quite often central banks are modelled as robot like maximizers of some goal. This perspective neglects the fact that central bank functions are inevitably deployed on its balance sheet and have effects on its income statement. A financially independent central bank exhibits ...

  5. 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

  6. 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 political...... the feasibility of, and constraints on, outsourcing of central bank functions. A brief discussion of the Argentinian experience is used for contrast.Key words: Currency Board, Foreign Banks, Supervision, Regional Integration,outsourcing....

  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 political...... the feasibility of, and constraints on, outsourcing of central bank functions. A brief discussion of the Argentinian experience is used for contrast.Key words: Currency Board, Foreign Banks, Supervision, Regional Integration,outsourcing....

  8. An Exploration of Customers’ Switching Behavior In Islamic Banking Industry

    Directory of Open Access Journals (Sweden)

    Ali Rama

    2017-02-01

    Full Text Available The existence of the switching behavior among Islamic bank customers may affect to the survival of the Islamic banks of the country. Switching behavior is mostly as an outcome of the negative service experience that may be related to several factors. The purpose of the study is to provide an insight of the drivers that lead to a bank customer switching behavior from one Islamic bank to another bank. The study employed survey method through questionnaire instrument and distributed to Islamic banking customers in several areas of Banten Province, Indonesia. The result of statistical analysis shows that customer satisfaction, service quality, shariah compliance, prices and involuntary switching have their significant effect on customers’ switching behavior in the Islamic banks. However, service failure and advertisement are not statistically significant in driving bank switching. Therefore, the Islamic bank manager should shape their business model around customers’ needs and focuses operational improvements on customers’ most valued interactions.

  9. Bail in Mechanisms in the Bank Recovery and Resolution Directive

    NARCIS (Netherlands)

    Joosen, B.P.M.

    2014-01-01

    With the adoption of the Bank Recovery and Resolution Directive, Europe has completed one of the three important pillars of the Banking Union. This directive introduces the resolution tool of ‘bail in’ that aims at putting the burden of bank rescue operations with the private sector. Bail outs

  10. Offshore Space Center (offshore launch site)

    Science.gov (United States)

    Harvey, D. G.

    1980-07-01

    Any activity requiring the development of the HLLV can benefit by operations from an offshore space center (OSC) since operating near the equator provides a twenty percent increase in payload in an ecliptic plan orbit. Some OSC concepts considered include a moored floating (semisubmersible) design, a stationary design supported by fixed piles, and a combination of these two. The facility supports: a 15,000 foot long, 300 foot wide runway, designed to accommodate a two staged winged launch vehicle, with a one million pound payload capacity to low earth orbit; an industrial area for HLLV maintenance; an airport terminal, control and operation center, and observation tower; liquid hydrogen and liquid oxygen production and storage, and fuel storage platforms; a power generation station, docks with an unloading area; two separate launch sites; and living accommodations for 10,000 people. Potential sites include the Paramount Seamount in the Pacific Ocean off the north coast of South America. Cost estimates are considered.

  11. Flight Record Of The Long March Series Of Launch Vehicles

    Institute of Scientific and Technical Information of China (English)

    He Ying

    2009-01-01

    @@ (Continued) The 27th launch On August 9, 1992, a LM-2D launch vehicle sent the 13th recoverable satellite into space. The satellite operated in orbit for 16 days, fulfilled missions of scientific exploration and technical experiment and returned on August 25.

  12. Flight Record Of Long March Series Of Launch Vehicles

    Institute of Scientific and Technical Information of China (English)

    He Ying

    2008-01-01

    @@ (Continued) The 7th Launch On September 9,1982,a LM-2C launch vehicle sent the 4th recoverable satellite,FSW-4 into space.The satellite returned to Earth on September 14 after it fulfilled its mission for scientific research and tests during 5-day operation in space.

  13. Launch Decisions of Pharmaceutical Companies

    Directory of Open Access Journals (Sweden)

    Abdülkadir Civan

    2016-04-01

    Full Text Available This paper models the launch decision of pharmaceutical companies in regard to new drugs and country markets. New drugs are launched with a delay or not launched at all in many countries. Considering that many of these new drugs would have created health benefits to the patients, there seems to be welfare loss. We use market characteristics to explain this phenomenon. We show that most of the estimated launch with a delay and no-launch decision is due to observable market characteristics. The model has an accuracy of 70 percent in explaining the no-launch decision. Intellectual property rights protection is especially important. The policy implication is that stronger property rights increase the likelihood and speed of new drug launch.

  14. Launch vehicle selection model

    Science.gov (United States)

    Montoya, Alex J.

    1990-01-01

    Over the next 50 years, humans will be heading for the Moon and Mars to build scientific bases to gain further knowledge about the universe and to develop rewarding space activities. These large scale projects will last many years and will require large amounts of mass to be delivered to Low Earth Orbit (LEO). It will take a great deal of planning to complete these missions in an efficient manner. The planning of a future Heavy Lift Launch Vehicle (HLLV) will significantly impact the overall multi-year launching cost for the vehicle fleet depending upon when the HLLV will be ready for use. It is desirable to develop a model in which many trade studies can be performed. In one sample multi-year space program analysis, the total launch vehicle cost of implementing the program reduced from 50 percent to 25 percent. This indicates how critical it is to reduce space logistics costs. A linear programming model has been developed to answer such questions. The model is now in its second phase of development, and this paper will address the capabilities of the model and its intended uses. The main emphasis over the past year was to make the model user friendly and to incorporate additional realistic constraints that are difficult to represent mathematically. We have developed a methodology in which the user has to be knowledgeable about the mission model and the requirements of the payloads. We have found a representation that will cut down the solution space of the problem by inserting some preliminary tests to eliminate some infeasible vehicle solutions. The paper will address the handling of these additional constraints and the methodology for incorporating new costing information utilizing learning curve theory. The paper will review several test cases that will explore the preferred vehicle characteristics and the preferred period of construction, i.e., within the next decade, or in the first decade of the next century. Finally, the paper will explore the interaction

  15. A Risk and Profitability Approach to Bank Performance Measurement: The Case of Turkish Commercial Banks

    OpenAIRE

    M. Hasan Eken

    2008-01-01

    In this paper a risk-profitability approach is used to measure the performance of local and foreign commercial banks operating in Turkey over the period 1988- 2000. At the first step of the two-step analysis method used, an ordinary least square model is used to estimate the efficiency differences of banks; as using profitability ratios (net interest margin, return on asset and return on equity) dependent variables and their standard deviations as independent variables. Foreign banks seem to ...

  16. LHCb launches new website

    CERN Multimedia

    2008-01-01

    A new public website for the LHCb experiment was launched last Friday to coincide with CERN’s Open Day weekend. Designed to provide accessible information on all aspects of the experiment, the website contains images and key facts about the LHCb detector, its design and installation and the international team behind the project. "LHCb is going to be one of the most important b-physics experiments in the world when it starts taking data later this year", explains Roger Forty, the experiment’s deputy spokesperson. "We hope the website will be a valuable resource, enabling people to learn about this fascinating area of research." The new website can be found at: http://cern.ch/lhcb-public

  17. The Reflection on Operating Risk Prevention and Control of Credit Investigation System of Grassroots Commercial Banks%基层商业银行征信系统操作风险防控的思考

    Institute of Scientific and Technical Information of China (English)

    薛永洁

    2014-01-01

    随着人民银行征信系统在金融市场的广泛应用,因操作风险引发的个人异议与风险案件影响着征信系统的安全运行。本文通过对征信系统操作风险的特点和表现形式进行阐述,剖析了当前基层商业银行征信操作风险防控工作中存在的问题,并对完善征信系统操作风险防控机制进行探讨。%Along with the wide application of PBC’s credit investigation system in financial markets, individual dissents and risk cases caused by operational risks have affected the safe operation of the credit investigation system. Based on elaborating the character-istics and the forms of operational risks of the credit investigation system, the paper analyzes problems existing in the current opera-tional risk prevention and control of credit investigation of grassroots commercial banks, and discusses the improvement of the mecha-nism of operating risk prevention and control of the credit investigation system.

  18. KINERJA BANK UMUM SYARIAH DI INDONESIA TAHUN 2010-2012

    Directory of Open Access Journals (Sweden)

    Karsinah Karsinah

    2014-09-01

    Full Text Available This is a study of Islamic bank performance in Indonesia. The objects of research are 11 Islamic Banks in Indonesia from 2010 until 2012. They are BMI, BSM, Bank Syariah Mega Indonesia, BNI Syariah, BRI Syariah, Bank Bukopin Syariah, BCA Syariah, Bank Panin Syariah, Bank Victoria Syariah, Bank Jabar Banten Syariah, and Maybank Indonesia Syariah. The variables used in this study were Deposit (I1, Assets (I2, Labor Costs (I3, Finance (O1, and Operating Income (O2. The method used in this research was Constant Return to Scale (CRS. The result of technical efficiency calculation by using DEA is 4 Islamic Banks have not been efficient; they are BRI Syariah, BCA Syariah, Bank Panin Syariah, and Bank Victoria Syariah. Further, the others Islamic Banks have reached the efficiency level. Then, it can be concluded that the majority of Islamic Banks in Indonesia have been efficient from 2010 to 2012. After having the study resuts, the Islamic banks should improve the micro policies for achieving the technical efficiency accomplishment, allocate the savings input excess into the total assets input; especially the productive assets, have firmer control for preventing moral hazard; and increase the budgeting number or crea-ting innovative product and the services cost. Penelitian ini mengenai kinerja bank syariah di Indonesia.Sampel penelitian sebanyak 11 Bank Umum Syariah yang ada di Indonesia periode tahun 2010- 2012. Bank Umum Syariah tersebut meliputi BMI, BSM, Bank Sya-riah Mega Indonesia, BNI Syariah, BRI Syariah, Bank Bukopin Syariah, BCA Syariah, Bank Panin Syariah, Bank Victoria Syariah, Bank Jabar Banten Syariah, Maybank Indonesia Syariah. Variabel-variabel yang digunakan dalam penelitian ini adalah Simpanan (I1, Aset (I2, Biaya Tenaga Kerja (I3, Pembiayaan (O1, dan Pendapatan Operasional (O2. Metode yang dogunakan dalam penelitian ini adalah metode Constant Return to Scale (CRS. Hasil dari perhitungan efisiensi teknik dengan menggunakan DEA dari

  19. COMPETITION IN ROMANIAN BANKING SECTOR

    Directory of Open Access Journals (Sweden)

    Capraru Bogdan

    2011-07-01

    -structural indicators and compare it with the structural indicators of competition. In particular, we measure competition using Lerner index and the H-statistic, indicators what are estimated using bank-level data and are compared with a standard market structure measure of concentration like HHI and CR5. There are no other studies that measure both structural and non-structural competition indicators for Romanian banking sector. Also, our assessment contains a period of seven years including the begging of the implications of the present international financial crises on Romanian banking sector. The structural indicators show continuous increase of competition in the Romanian banking system. Lerner index and H statistic demonstrate that Romanian banking system is characterized by monopolistic competition and relatively competitive practices. Personnel cost, operational cost and financial cost are statistically significant at conventional levels, which imply good fit of the revenue equations. The results also demonstrate that excess fixed assets do not generate abnormal revenue.

  20. "Shadow Banking: Policy Challenges for Central Banks"

    OpenAIRE

    Moe, Thorvald Grung

    2014-01-01

    Central banks responded with exceptional liquidity support during the financial crisis to prevent a systemic meltdown. They broadened their tool kit and extended liquidity support to nonbanks and key financial markets. Many want central banks to embrace this expanded role as "market maker of last resort" going forward. This would provide a liquidity backstop for systemically important markets and the shadow banking system that is deeply integrated with these markets. But how much liquidity su...

  1. The Polish experience with bank and enterprise restructuring

    OpenAIRE

    Montes-Negret, Fernando; Luca PAPI

    1997-01-01

    Among transitional economies, Poland was a pioneer in bank and enterprise restructuring, tackling it through innovative pro tempore legislation which linked bank recapitalization to improvements in the bank's operating systems, aiming at increasing efficiency and loan recovery. The approach encouraged banks to play a central role in enterprise restructuring. In this paper, the authors critically and comprehensively analyze the Polish approach, presenting and discussing its pros and cons, desc...

  2. E-BANKING SERVICES – FEATURES, CHALLENGES AND BENEFITS

    OpenAIRE

    IMOLA DRIGĂ; CLAUDIA ISAC

    2014-01-01

    Today traditional banking services, based on lending and deposittaking operations, are only part of banking activities. Due to the emergence of a knowledgebased economy and society as information and communication technology advanced, banking services have undergone profound changes during the past decades. In order to improve the quality of customer service delivery and reduce transaction cost, banks have invested to a great extent in ICT and have adopted ICT networks for delivering a wid...

  3. 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/aiq.v6i1.1371

  4. Launch Control System Message Reduction

    Science.gov (United States)

    Nguyen, Uyen

    2014-01-01

    System Monitoring and Control (SMC) message browsers receive many messages daily that operators do not need to see. My job is to reduce the number of messages so that warning and emergency messages can be seen easily and therefore, responded to promptly. There are two methods to reduce messages: duplicate and state-based message correlations. With duplicate message correlation, SMC display the message the first time it shows up. The next times it occurs, a duplicate number will count the number of times the message appears. State-based message correlation is a process in which more informative messages acknowledge less useful ones and send them to history. I also work on correcting the severity level and text formats of messages. I follow two SMC message filtering tenets as I'm working on this project. Firstly, before filtering an offending message, a non-conformance (NC) must be created in order to attempt fixing that message through hardware or software. Only after the NC assessment states that it cannot fix an offending message, it can be filtered by SMC. Secondly, per Launch Control System (LCS) Coding Standards, SMC does not send information messages to the active message browser unless it's a response to an operator action.

  5. Novel Smart Pan/Tilt/Zoom Sensor for Launch Range Video Surveillance Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA has a pressing need for increasing the efficiency of launch range surveillance during mission launch operations. Difficulty in verifying a cleared range causes...

  6. Earnings and bank profitability in Nigeria

    Directory of Open Access Journals (Sweden)

    John N. N. Ugoani

    2016-12-01

    Full Text Available Bank earnings in form of retained profit help in the capital formation of banks. This is critical because capital inadequacy is often a cause of bank failures. During the banking crisis in Nigeria the gross earnings of many banks diminished considerably due to frauds and bad management. For example, in 2009 the Central Bank of Nigeria revoked the operating licences of fourteen banks which had huge nonperforming loans and were making losses. The fragility in the Nigerian banking system in the 1990s and beyond was compounded due to wide spread poor corporate governance practices and imprudent lending that led to the erosion of gross earnings and profitability. The study employed the exploratory research design. Data analyses were done through description statistics and the regression technique using the statistical package for the social sciences. The regression result was Y = 4.926 + 1.877x meaning that with an increase of 1 percent in gross earnings bank profitability increases by 1.88 percent. This is the crux of the study.

  7. Launch Vehicle Demonstrator Using Shuttle Assets

    Science.gov (United States)

    Threet, Grady E., Jr.; Creech, Dennis M.; Philips, Alan D.; Water, Eric D.

    2011-01-01

    The Marshall Space Flight Center Advanced Concepts Office (ACO) has the leading role for NASA s preliminary conceptual launch vehicle design and performance analysis. Over the past several years the ACO Earth-to-Orbit Team has evaluated thousands of launch vehicle concept variations for a multitude of studies including agency-wide efforts such as the Exploration Systems Architecture Study (ESAS), Constellation, Heavy Lift Launch Vehicle (HLLV), Heavy Lift Propulsion Technology (HLPT), Human Exploration Framework Team (HEFT), and Space Launch System (SLS). NASA plans to continue human space exploration and space station utilization. Launch vehicles used for heavy lift cargo and crew will be needed. One of the current leading concepts for future heavy lift capability is an inline one and a half stage concept using solid rocket boosters (SRB) and based on current Shuttle technology and elements. Potentially, the quickest and most cost-effective path towards an operational vehicle of this configuration is to make use of a demonstrator vehicle fabricated from existing shuttle assets and relying upon the existing STS launch infrastructure. Such a demonstrator would yield valuable proof-of-concept data and would provide a working test platform allowing for validated systems integration. Using shuttle hardware such as existing RS-25D engines and partial MPS, propellant tanks derived from the External Tank (ET) design and tooling, and four-segment SRB s could reduce the associated upfront development costs and schedule when compared to a concept that would rely on new propulsion technology and engine designs. There are potentially several other additional benefits to this demonstrator concept. Since a concept of this type would be based on man-rated flight proven hardware components, this demonstrator has the potential to evolve into the first iteration of heavy lift crew or cargo and serve as a baseline for block upgrades. This vehicle could also serve as a demonstration

  8. Bank Syariah Sebagai Alternatif

    Directory of Open Access Journals (Sweden)

    Adang Sudjana

    2003-03-01

    Full Text Available The principle of not allowing interest practices (riba has saved the Syariah Bank and their customers from the effects of monetary crisis. In view of Islamic Principles, interest is forbidden. Therefore, all transactions of syariah banking are based on sale-purchase pattern. Besides, all good banking aspects as applied in conventional banking such as, 5 Cs (capital, collateral, capacity, character, and condition are also applied properly in the line of ukhrawi aspects in managing fund of syariah banking.  The practice of “mark-up” in project funded by syariah bank seems to be very difficult.

  9. Community in Credit Unions: Has banking regulationimpaired CSR in Australian Customer Owned Banks?

    Directory of Open Access Journals (Sweden)

    Dianne McGrath

    2017-02-01

    Full Text Available This paper presents a sector scan of a sample of Australian Credit Unions and Mutual Banks to examine the CSR reporting from the perspective of the three pillars model proposed by vanOorschot, de Hoog, van der Steen and van Twist (2013. It is argued that the pillar requiringco-operatives to ensure activities which ‘aim for change’, should promote increasing adoptionof CSR. The paper theorises that regulatory requirements imposed in Australia on all bankinginstitutions carry a higher proportional cost to the customer owned banking sector than theshareholder based commercial banks. This consumption of the limited financial resourcesavailable in this sector of banking services, are inhibiting regional Customer Owned Bankingproviders, as co-operative organisations, to fulfil the required co-operative principle to instigatechange for the betterment of communities. This failure could signal the demise of some entitiesin the jurisdiction of Customer Owned Banking.

  10. A Reference Model for Virtual Machine Launching Overhead

    Energy Technology Data Exchange (ETDEWEB)

    Wu, Hao; Ren, Shangping; Garzoglio, Gabriele; Timm, Steven; Bernabeu, Gerard; Chadwick, Keith; Noh, Seo-Young

    2016-07-01

    Cloud bursting is one of the key research topics in the cloud computing communities. A well designed cloud bursting module enables private clouds to automatically launch virtual machines (VMs) to public clouds when more resources are needed. One of the main challenges in developing a cloud bursting module is to decide when and where to launch a VM so that all resources are most effectively and efficiently utilized and the system performance is optimized. However, based on system operational data obtained from FermiCloud, a private cloud developed by the Fermi National Accelerator Laboratory for scientific workflows, the VM launching overhead is not a constant. It varies with physical resource utilization, such as CPU and I/O device utilizations, at the time when a VM is launched. Hence, to make judicious decisions as to when and where a VM should be launched, a VM launching overhead reference model is needed. In this paper, we first develop a VM launching overhead reference model based on operational data we have obtained on FermiCloud. Second, we apply the developed reference model on FermiCloud and compare calculated VM launching overhead values based on the model with measured overhead values on FermiCloud. Our empirical results on FermiCloud indicate that the developed reference model is accurate. We believe, with the guidance of the developed reference model, efficient resource allocation algorithms can be developed for cloud bursting process to minimize the operational cost and resource waste.

  11. Engineering Next Generation Launch Systems for Supportability Project

    Data.gov (United States)

    National Aeronautics and Space Administration — In order to meet the challenges of high probability of mission success for space exploration, ground support system for various launch operations that responds...

  12. LM-3B Launch Vehicle

    Institute of Scientific and Technical Information of China (English)

    RenShufang

    2005-01-01

    LM-3B launch vehicle is a heavy three-stage liquid propellant strap-on launch vehicle, which was developed based on the mature technologies of the LM-3A and LM-2E. It not only has the highest payload capacity to send China's satellites to GTO, but is also one of the most advanced launch vehicles in the world with high reliability, reasonable price and perfect technological design.

  13. Peer Review of Launch Environments

    Science.gov (United States)

    Wilson, Timmy R.

    2011-01-01

    Catastrophic failures of launch vehicles during launch and ascent are currently modeled using equivalent trinitrotoluene (TNT) estimates. This approach tends to over-predict the blast effect with subsequent impact to launch vehicle and crew escape requirements. Bangham Engineering, located in Huntsville, Alabama, assembled a less-conservative model based on historical failure and test data coupled with physical models and estimates. This white paper summarizes NESC's peer review of the Bangham analytical work completed to date.

  14. Banking beyond banks and money a guide to banking services in the twenty-first century

    CERN Document Server

    Aste, Tomaso; Pelizzon, Loriana; Perony, Nicolas

    2016-01-01

    Do you know how banking and money will look like in the new digital age? This book collects the voices of leading scholars, entrepreneurs, policy makers and consultants who, through their expertise and keen analytical skills, are best positioned to picture from various angles the ongoing technological revolution in banking and finance. You will learn how lending and borrowing can exist without banks; how new forms of money can compete to better serve different society needs; how new technologies are banking the unbanked communities in the poorest parts of the world, and how ideas and small projects can be financed by the crowds without the need to rely upon banks. You will learn how, in the new digital age, we will interact with new self-organised and autonomous companies that operate without any human involvement, based on a set of programmed and incorruptible rules. You will learn that new business models will emerge thanks to technology-enabled platforms, upon which one can build new forms of non-hierarchi...

  15. CHINA'S BANKING REFORM in Progress (Part Ⅱ)

    Institute of Scientific and Technical Information of China (English)

    Erh-Cheng Hwa; Yang Lei

    2009-01-01

    @@ Ⅱ.2 Operating Income in 2007 Operating income sustained high growth into 2007 on account of rapid increases in both net interest income and fee and commission income.For the tbur listed state commercial banks,operating income reached RMB 716.6 billion in 2007,an increase of 37.7% over 2006 (Table 2).

  16. LM-4B Launch Vehicle

    Institute of Scientific and Technical Information of China (English)

    RenShufang

    2004-01-01

    The history of LM-4B traces back to the end of the 1970s. The feasibility study of LM-4 began in 1982 and the engineering development was initiated in the following year.Initially, the LM-4 served as a back-up launch vehicle for LM-3 to launch China's communications satellites. After the successful launch of China's first communications satellites by LM-3 in 1984, the main mission of the LM-4 was shifted to launch sun-synchronous orbit meteorological satellites.

  17. Apollo 11 astronaut Neil Armstrong suits up before launch

    Science.gov (United States)

    1969-01-01

    Apollo 11 Commander Neil Armstrong prepares to put on his helmet with the assistance of a spacesuit technician during suiting operations in the Manned Spacecraft Operations Building (MSOB) prior to the astronauts' departure to Launch Pad 39A. The three astronauts, Edwin E. Aldrin Jr., Neil A Armstrong and Michael Collins, will then board the Saturn V launch vehicle, scheduled for a 9:32 a.m. EDT liftoff, for the first manned lunar landing mission.

  18. Urban poor program launched.

    Science.gov (United States)

    1991-01-01

    The government of the Philippines has launched a program to deal with the rapidly growing urban poor population. 60 cities (including Metro Manila) are expected to increase their bloated population by 3.8% over 1990 which would be 27.7 million for 1991. Currently there is an exodus of people from the rural areas and by 2000 half the urban population will be squatters and slum dwellers. Basic services like health and nutrition are not expected to be able to handle this type of volume without a loss in the quality of service. The basic strategy of the new program is to recruit private medical practitioners to fortify the health care delivery and nutrition services. Currently the doctor/urban dweller ration is 1:9000. The program will develop a system to pool the efforts of government and private physicians in servicing the target population. Barangay Escopa has been chosen as the pilot city because it typifies the conditions of a highly populated urban area. The projects has 2 objectives: 1) demonstrate the systematic delivery of health and nutrition services by the private sector through the coordination of the government, 2) reduce mortality and morbidity in the community, especially in the 0-6 age group as well as pregnant women and lactating mothers.

  19. AMS ready for launch

    CERN Multimedia

    Katarina Anthony

    2011-01-01

    On 29 April, the Alpha Magnetic Spectrometer (AMS) will complete its long expedition to the International Space Station on board the space shuttle Endeavour. The Endeavour is set to lift off from NASA’s Kennedy Space Station at 15:47 EST (21:47 CET).   Samuel Ting, principal investigator for the AMS project, and Rolf Heuer, CERN Director-General, visit the Kennedy Space Centre before the AMS launch.  Courtesy of NASA and Kennedy Space Center. AMS is a CERN recognised experiment, created by an internal collaboration of 56 institutes. It will be the first large magnetic spectrometer to be used in space, and has been designed to function as an external module on the ISS. AMS will measure cosmic rays without atmospheric interference, allowing researchers on the ground to continue their search for dark matter and antimatter in the Universe. Data collected by AMS will be analysed in CERN’s new AMS Control Centre in Building 946 (due for completion in June 2011). The End...

  20. 76 FR 80817 - Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations; Liquidity and...

    Science.gov (United States)

    2011-12-27

    ...) banks, improve the quality of assets in the liquidity reserve, and bolster the ability of System banks... banks to pay their obligations and fund their operations by maintaining adequate liquidity to withstand... at all FCS banks; Enhance the marketability of assets that System banks hold in their...

  1. 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.

  2. 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...

  3. Constellation Ground Systems Launch Availability Analysis: Enhancing Highly Reliable Launch Systems Design

    Science.gov (United States)

    Gernand, Jeffrey L.; Gillespie, Amanda M.; Monaghan, Mark W.; Cummings, Nicholas H.

    2010-01-01

    Success of the Constellation Program's lunar architecture requires successfully launching two vehicles, Ares I/Orion and Ares V/Altair, in a very limited time period. The reliability and maintainability of flight vehicles and ground systems must deliver a high probability of successfully launching the second vehicle in order to avoid wasting the on-orbit asset launched by the first vehicle. The Ground Operations Project determined which ground subsystems had the potential to affect the probability of the second launch and allocated quantitative availability requirements to these subsystems. The Ground Operations Project also developed a methodology to estimate subsystem reliability, availability and maintainability to ensure that ground subsystems complied with allocated launch availability and maintainability requirements. The verification analysis developed quantitative estimates of subsystem availability based on design documentation; testing results, and other information. Where appropriate, actual performance history was used for legacy subsystems or comparative components that will support Constellation. The results of the verification analysis will be used to verify compliance with requirements and to highlight design or performance shortcomings for further decision-making. This case study will discuss the subsystem requirements allocation process, describe the ground systems methodology for completing quantitative reliability, availability and maintainability analysis, and present findings and observation based on analysis leading to the Ground Systems Preliminary Design Review milestone.

  4. Systemic banking crises

    OpenAIRE

    O. Emre Ergungor; James B. Thomson

    2005-01-01

    Systemic banking crises can have devastating effects on the economies of developing or industrialized countries. This Policy Discussion Paper reviews the factors that weaken banking systems and make them more susceptible to crises.

  5. 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

  6. 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...

  7. Bank Resolution in the European Banking Union

    DEFF Research Database (Denmark)

    Gordon, Jeffrey N.; Ringe, Georg

    2015-01-01

    mechanism deployable at the discretion of the resolution authority must be available to supply liquidity to a reorganizing bank. On these conditions, a viable and realistic Banking Union would be within reach--and the resolution of global financial institutions would be greatly facilitated, not least......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...

  8. Bank Resolution in the European Banking Union

    DEFF Research Database (Denmark)

    Gordon, Jeffrey N.; Ringe, Wolf-Georg

    at the discretion of the resolution authority must be available to supply liquidity to a reorganizing bank. On these conditions, a viable and realistic Banking Union would be within reach — and the resolution of global financial institutions would be greatly facilitated, not least in a transatlantic perspective.......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...

  9. Smart Coatings for Launch Site Corrosion Protection

    Science.gov (United States)

    Calle, Luz M.

    2014-01-01

    Smart, environmentally friendly paint system for early corrosion detection, mitigation, and healing that will enable supportability in KSC launch facilities and ground systems through their operational life cycles. KSC's Corrosion Technology Laboratory is developing a smart, self-healing coating that can detect and repair corrosion at an early stage. This coating is being developed using microcapsules specifically designed to deliver the contents of their core when corrosion starts.

  10. Australia and the new reusable launch vehicles

    Science.gov (United States)

    Stalker, R. J.

    The new generation of reusable launch vehicles represented by ESA's Hermes and HOTOL, NASA's National Aerospace Plane, and the DFVLR's Saenger, promises to radically alter the economic basis of space flight by allowing such operations as the on-orbit servicing of satellites. Attention is presently drawn to the opportunities that arise for Australia's aerospace industry from the availability in Australia of two wind tunnel facilities capable of furnishing the requisite hypersonic aerothermodynamics testing capabilities for these vehicles' development.

  11. 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.

  12. Launching a world-class joint venture.

    Science.gov (United States)

    Bamford, James; Ernst, David; Fubini, David G

    2004-02-01

    More than 5,000 joint ventures, and many more contractual alliances, have been launched worldwide in the past five years. Companies are realizing that JVs and alliances can be lucrative vehicles for developing new products, moving into new markets, and increasing revenues. The problem is, the success rate for JVs and alliances is on a par with that for mergers and acquisitions--which is to say not very good. The authors, all McKinsey consultants, argue that JV success remains elusive for most companies because they don't pay enough attention to launch planning and execution. Most companies are highly disciplined about integrating the companies they target through M&A, but they rarely commit sufficient resources to launching similarly sized joint ventures or alliances. As a result, the parent companies experience strategic conflicts, governance gridlock, and missed operational synergies. Often, they walk away from the deal. The launch phase begins with the parent companies' signing of a memorandum of understanding and continues through the first 100 days of the JV or alliance's operation. During this period, it's critical for the parents to convene a team dedicated to exposing inherent tensions early. Specifically, the launch team must tackle four basic challenges. First, build and maintain strategic alignment across the separate corporate entities, each of which has its own goals, market pressures, and shareholders. Second, create a shared governance system for the two parent companies. Third, manage the economic interdependencies between the corporate parents and the JV. And fourth, build a cohesive, high-performing organization (the JV or alliance)--not a simple task, since most managers come from, will want to return to, and may even hold simultaneous positions in the parent companies. Using real-world examples, the authors offer their suggestions for meeting these challenges.

  13. POSITIONING ANALYSIS OF ISLAMIC BANK vis-àvis CONVENTIONAL BANK IN INDONESIA USING PARAMETRIC SFA AND DFA METHODS15

    Directory of Open Access Journals (Sweden)

    Ir Ascarya

    2014-03-01

    Full Text Available This study will measure and compare the efficiency of Conventional and Islamic banks in Indonesia using parametric approach stochastic frontier approach (SFA and distribution free approach (DFA. These measurements will provide comprehensive and robust results of efficiency of individual bank compare to its peer group. The results using parametric SFA show that in 2002, conventional banks (0.79 were slightly more efficient than Islamic banks (0.77, while in 2003, the efficiency of Islamic banks improved to 0.84 and the efficiency of conventional banks worsen to 0.76, so that Islamic banks have become more efficient than conventional banks. Conventional and Islamic banks have been improving and converged to the highest level of efficiency (1.00 since 2004. The DFA results show that conventional banks (0.89 are only slightly more efficient than Islamic banks (0.87. Conventional public bank (0.93 is the most efficient, while Islamic regional bank (0.84 is the least efficient. Moreover, efficient banks (conventional and Islamic do not always have lower OCOI (operating costs divided by operating income, while banks with better OCOI usually are more profitable (have better return on assets or ROA. Therefore, technically, Islamic banks have shown their readiness to compete head to head with their conventional counterparts. However, other aspects, such as, number of networks and branches, service quality, convenience, products and services provided, human resources, and pricing, should have become the next priorities for improvements.JEL Classification : C10, C33, G21, G28Keywords : Islamic Banking, Efficiency, Stochastic Frontier Approach, Distribution Free Approach

  14. 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 ...

  15. Time banking som ledelsesteknologi

    OpenAIRE

    Steensberg, Maja; Nielsen, Nadia Holm; Thomsen, Søren Tolshave

    2014-01-01

    This project examines how the English time banks Timber Wharf, Echo and Fair Shares affect their members and local environments. Based on Nikolas Rose’s theory on governmentality it is discussed, whether the time banks, understood as political actors, are challenging or reproducing neo-liberal governance. It is concluded that the way the time banks facilitates the concept of timebanking differs greatly. These different conducts are shaping the way in which the time banks are used by their mem...

  16. 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 ...

  17. Essays on banking

    OpenAIRE

    Mosk, T.C.

    2014-01-01

    This dissertation studies how banks collect and process information. The first chapter studies how the organizational structure of banks affects the processing of information. The second chapter studies how banks use private information collected over the lending relationship in credit negotiations. The last chapter is joint work with Hans Degryse, Jose Liberti and Steven Ongena and studies how banks use ‘soft information’ to monitor small firms. This dissertation uses hand collected internal...

  18. A simple model of bank bankruptcies

    Science.gov (United States)

    Aleksiejuk, Agata; Hołyst, Janusz A.

    2001-10-01

    Interbank deposits (loans and credits) are quite common in banking system all over the world. Such interbank co-operation is profitable for banks but it can also lead to collective financial failures. In this paper, we introduce a new model of directed percolation as a simple representation for contagion process and mass bankruptcies in banking systems. Directed connections that are randomly distributed between junctions of bank lattice simulate flows of money in our model. Critical values of a mean density of interbank connections as well as static and dynamic scaling laws for the statistics of avalanche bankruptcies are found. Results of computer simulations for the universal profile of bankruptcies spreading are in a qualitative agreement with the third wave of bank suspensions during The Great Depression in USA.

  19. Ethics in the bank internet encounter

    DEFF Research Database (Denmark)

    Rendtorff, Jacob Dahl; Mattsson, Jan

    2012-01-01

    /implications – The important implication for managerial research of this study would be for banks to focus on customer competency with an ethical concern instead of only being concerned with technical solutions for effective internet operations. Practical implications – Since more and more businesses are digitally based......Purpose – The purpose of this paper is to discuss some ethical issues in the internet encounter between customer and bank. Empirical data related to the difficulties that customers have when they deal with the bank through internet technology and electronic banking. The authors discuss...... the difficulties that customers expressed from an ethical standpoint. Design/methodology/approach – The key problem of the paper is “how does research handle the user's lack of competence in a web-based commercial environment?” The authors illustrate this ethical dilemma with data from a Danish Bank collected...

  20. B-52 Launch Aircraft in Flight

    Science.gov (United States)

    2001-01-01

    the development of parachute recovery systems used to recover the space shuttle solid rocket booster casings. It also supported eight orbiter (space shuttle) drag chute tests in 1990. In addition, the B-52 served as the air launch platform for the first six Pegasus space boosters. During its many years of service, the B-52 has undergone several modifications. The first major modification was made by North American Aviation (now part of Boeing) in support of the X-15 program. This involved creating a launch-panel-operator station for monitoring the status of the test vehicle being carried, cutting a large notch in the right inboard wing flap to accommodate the vertical tail of the X-15 aircraft, and installing a wing pylon that enables the B-52 to carry research vehicles and test articles to be air-launched/dropped. Located on the right wing, between the inboard engine pylon and the fuselage, this wing pylon was subjected to extensive testing prior to its use. For each test vehicle the B-52 carried, minor changes were made to the launch-panel operator's station. Built originally by the Boeing Company, the NASA B-52 is powered by eight Pratt & Whitney J57-19 turbojet engines, each of which produce 12,000 pounds of thrust. The aircraft's normal launch speed has been Mach 0.8 (about 530 miles per hour) and its normal drop altitude has been 40,000 to 45,000 feet. It is 156 feet long and has a wing span of 185 feet.

  1. Easier Bank Access

    Institute of Scientific and Technical Information of China (English)

    Wang Jun

    2015-01-01

    Loosened banking regulations may spur an increase of foreign banks in China Foreign banks will soon have a much easier time setting up outlets in China.According to regulations recently amended by the State Council,as of January 1,foreign

  2. 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

  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. Banking and Trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2016-01-01

    We study the interaction between relationship banking and short-term arm’s length activities of banks, called trading. We show that a bank can use the franchise value of its relationships to expand the scale of trading, but may allocate too much capital to trading ex post , compromising its ability

  5. Essays on banking

    NARCIS (Netherlands)

    Mosk, T.C.

    2014-01-01

    This dissertation studies how banks collect and process information. The first chapter studies how the organizational structure of banks affects the processing of information. The second chapter studies how banks use private information collected over the lending relationship in credit negotiations.

  6. Banking and Trading

    NARCIS (Netherlands)

    Boot, A.W.A.; Ratnovski, L.

    2016-01-01

    We study the interaction between relationship banking and short-term arm’s length activities of banks, called trading. We show that a bank can use the franchise value of its relationships to expand the scale of trading, but may allocate too much capital to trading ex post , compromising its ability

  7. KEDUDUKAN HUKUM KARYAWAN BANK PASCA DILAKUKAN MERGER, KONSOLIDASI DAN AKUISISI

    Directory of Open Access Journals (Sweden)

    Misranto

    2007-05-01

    Full Text Available One of the terms of economic crisis in Indonesia is monetary crisis. Monetary crisis or economic up to now still occur in Indonesia, which is noted by banks which undergo liquidity that causes the banks “willing or not, wanting or not” have to throw away its stirring and shake hands with the other banks to build cooperation or to look for strategic partner in order to survive by doing merger consolidation, and bank acquisition. However, the member of merger banks should notice the effects of law appeared due to merger consolidating, and that acquisition, in addition to its bank employees, because the employees have the full control as the bank operational. Bank is impossible having its activity well without full supports of its employees.

  8. 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.

  9. 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...... of taxpayer assistance. A holding company structure in which the public parent holds unsecured term debt sufficient to cover losses at an operating financial subsidiary would facilitate a “Single Point of Entry” resolution procedure that would minimize knock-on effects from the failure of a systemically...... important financial institution. Resolution through such a structure would minimize run risk from short term creditors and minimize destructive ring-fencing by national regulators. Although structural reform in the EU could be achieved by supervisory implementation of the “living wills” requirement...

  10. 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...... of taxpayer assistance. A holding company structure in which the public parent holds unsecured term debt sufficient to cover losses at an operating financial subsidiary would facilitate a “Single Point of Entry” resolution procedure that would minimize knock-on effects from the failure of a systemically...... important financial institution. Resolution through such a structure would minimize run risk from short term creditors and minimize destructive ring-fencing by national regulators. Although structural reform in the EU could be achieved by supervisory implementation of the “living wills” requirement...

  11. Nigeria : Financial Sector Review, Volume 2. Banking Institutions and Their Supervision

    OpenAIRE

    World Bank

    2000-01-01

    This report is a comprehensive review of the Nigerian financial system, covering the following areas: i) macro-financial environment; ii) safety and soundness of the banking system; iii) banking supervision; iv) development finance institutions; v) community banks and commercial banks' rural operations; vi) insurance and pensions; vii) housing finance; viii) money and capital markets; and ...

  12. Nigeria : Financial Sector Review, Volume 3. Non-Bank Financial Institutions and Markets

    OpenAIRE

    World Bank

    2000-01-01

    This report is a comprehensive review of the Nigerian financial system, covering the following areas: i) macro-financial environment; ii) safety and soundness of the banking system; iii) banking supervision; iv) development finance institutions; v) community banks and commercial banks' rural operations; vi) insurance and pensions; vii) housing finance; viii) money and capital markets; and ...

  13. 12 CFR 614.4080 - Loans and chartered territory-banks for cooperatives.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Loans and chartered territory-banks for... POLICIES AND OPERATIONS Chartered Territories § 614.4080 Loans and chartered territory—banks for... eligible domestic parties domiciled within any territory that may be served by Farm Credit...

  14. How the Reserve Bank of New Zealand manages liquidity for monetary policy implementation

    National Research Council Canada - National Science Library

    Parekh, Sandeep

    2016-01-01

    ... Introduction The implementation of monetary policy is an important part of a central bank's role in the economy. The Reserve Bank of New Zealand (the Bank) has a number of responsibilities which include the implementation of monetary policy, the operation of the inter-bank payments and settlements system, and the promotion of a sound and efficient banki...

  15. 75 FR 10485 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

    Science.gov (United States)

    2010-03-08

    ... Bank & Trust Company, Lexington, Kentucky, Central Bank of Jefferson County, Louisville, Kentucky, and... applied to acquire Central Bank, FSB, Nicholasville, Kentucky, and thereby engage in operating a savings... Central Bancshares, Inc., Lexington, Kentucky, and thereby acquire voting shares of Central Bank & Trust...

  16. REBOUND OF THE ROMANIAN CARD MARKET AFTER THE CRISIS AND ITS IMPACT ON THE BANKING PROFITABILITY

    Directory of Open Access Journals (Sweden)

    Magdalena RADULESCU

    2017-07-01

    Full Text Available The Romanian cards market relaunched after the crisis period, because the credit diminished or even stoped during 2008-2013, so the banks had to rely on the fees granted by issued cards or by banking payments operations. So, the total issued banking cards increased a lot during the last years and the electronic banking services developed.

  17. LM-3A Launch Vehicle

    Institute of Scientific and Technical Information of China (English)

    RenShufang

    2004-01-01

    The LM-3A launch vehicle is a large three-stage liquidpropellant launch vehicle developed on the basis ot LM-3 ana LM-2C. By incorporating the mature technologies of LM-3 and adding a more powerful improved LOX/LH cryogenic third stage and more capable control system, LM-3A has a

  18. Launch Vehicle Dynamics Demonstrator Model

    Science.gov (United States)

    1963-01-01

    Launch Vehicle Dynamics Demonstrator Model. The effect of vibration on launch vehicle dynamics was studied. Conditions included three modes of instability. The film includes close up views of the simulator fuel tank with and without stability control. [Entire movie available on DVD from CASI as Doc ID 20070030984. Contact help@sti.nasa.gov

  19. Bank Powers. Activities of Securities, Subsidiaries of Bank Holding Companies

    Science.gov (United States)

    1990-03-01

    clarity impedes the efficiency of their U.S. operations. Ofr ials with whom we spoke expresed corcerns about the prGhibition against affiliate J banks...conveyed some suggestions for editorial and technical changes to your staff in oral discussions and we understand that these changes will be incorporated...have been orally provided. This letter comments on several issues addressed in the draft report which are of particular concern to the Commission. I

  20. The Vega launch vehicle

    Science.gov (United States)

    Geffroy, B.; Fabrizi, R.; Guilleux, Willy; Berna, Claude

    2004-11-01

    ESA, ELV, Arianespace are introducing for the small satellites market a new class of launcher, VEGA, complementing the European launchers portfolio (Ariane 5, Soyuz). ESA is leading the development and qualification programme with Prime Contractor ELV, while Arianespace is insuring the marketing, sales and operations of the Vega launcher from the European Spaceport in Kourou, French Guiana.

  1. Bank interest policy in the function of lending loans: With Erste Bank Novi Sad as an example

    Directory of Open Access Journals (Sweden)

    Obradović Jelena

    2012-01-01

    Full Text Available In this paper, attention is focused on the interest and credit policies of banks, and on the way employees in the banks contribute to the proper implementation of these policies, the way in which National Bank of Serbia, using different interest rates, affects the performance of open market operations, as well as preserving and enhancing stability of functioning of the entire banking system. Recognizable and effective credit policy is an objective of each successful bank. Formulating and achieving that policy is not an easy task. Many sections of the bank contribute to this task, which include Credit Committee and ALCO Committee. Performing their functions, they improve the quality of bank lending, reduce risk, and improve the entire business of the bank.

  2. THE IMPACT OF FINANCIAL LIBERALIZATION ON ROMANIAN BANKING SYSTEM EFFICIENCY

    Directory of Open Access Journals (Sweden)

    Ciupac-Ulici Maria-Lenuta

    2013-07-01

    Full Text Available In the last three decades, many emerging countries have moved away from a system of restrictive monetary and financial controls to a more liberalized financial sector. The restrictive imposed policies were expected to contribute to industrialization of the economy and to the stability of the banking sector. However, financial liberalization had big costs on the banking system's competitiveness and efficiency. Financial liberalization has a different impact on banking markets. Thus, there is no size that fits all policies concerning banking liberalization process. For highly efficient banks, competition is improving their efficiency standard, while less efficient banks can`t compete with foreign banks and further are decreasing in efficiency or are driven out of the market. Overall, the average efficiency of domestic banking markets should be an important variable in deciding to open up their banking market. Banks that are operating close to the frontier, in general are improving their efficiency following financial liberalization process. Banks that are operating in a further distance can`t manage to compete with foreign market entrants, so, they are losing from liberalization process. In this article we propose to measure the impact of financial liberalization process on Romanian banking system. We used the panel regression to study the informational efficiency of three Romanian banks during 2004 - 2012. The dependent variable of the model was the price of stock bank, and the independent variables were the financial indicators (return on equity, return on assets, net profit margin. In the second regression we introduce a dummy variable for crisis period. Our results show that the financial indicators choose do not affect the efficiency of Romanian bank, but the crisis had a negative impact on them. International context, credit risk, the implementation of Basel III and reducing exposures in the absence of investment alternatives remains key

  3. EFISIENSI BANK PEMBANGUNAN DAERAH: PENDEKATAN STOCHASTIC FRONTIER

    Directory of Open Access Journals (Sweden)

    Ahmad Husein Fadhlullah

    2016-01-01

    Full Text Available The objective of this research is to analyze the efficiency rate at Islamic regional banks (BPD in Indonesia, with case of 15 Islamic regional banks from 2008 – 2012. The method that used in this research is stochastic frontier analysis approach (SFA, which uses the input variable (such as human resources cost, administration cost, and other expenses and the output variable is SFA (operational income. The average efficiency rate from 15 Islamic regional banks from 2008 – 2012 with SFA method is 53.21 percent and all of the Islamic regional banks doesn’t achieve the 100 percent efficiency. The most efficient banks is Islamic regional bank of Kalimantan Barat which the efficiency rate achieve 90.42 percent and the most inefficiency banks is Islamic regional bank of Sumatera Barat. The average efficiency rate from 2008-2012 is always increase each year. In 2008 the average efficiency rate only 33.57 percent and in the last of 2012 achieve 71.81 percent.DOI: 10.15408/sjie.v4i1.2291

  4. Regulation of Communication Policy of Modern Banks

    Directory of Open Access Journals (Sweden)

    Ketova Natalia, P.

    2016-03-01

    Full Text Available The paper shows the need for effective communication commercial banks, revealed the possibility of interaction with customers through advertising, sponsorship, philanthropy, sales promotion, lobbying of interests of banking institutions. The principles for the regulation of communications to ensure consistency of communication complex, which cause a complex effect on the external environment, the creation of adaptive system of marketing communications. It is proved that the possibilities of implementing an active communication policy of modern banks in recent years is constantly increasing. This contributes to the extension of Internet technologies, the creation of remote service channels, the emergence of new tools and technologies to attract and retain customers. On the example of JSC "Sberbank of Russia" presented the technology of using the traditional tools of ATL and BTL communications, the formation of the system CSR – corporate social responsibility, building contact with customers, enhancing their loyalty to the Bank. Reveals the areas of regulation of the savings Bank of its activities on the creation of the daily value of services based on the principles of involvement and co-operation of the system "Client - Bank", "Bank - Company", "Bank – Employees".

  5. THE BANKING SYSTEM OF THE RUSSIAN FEDERATION: STATUS AND PROSPECTS

    Directory of Open Access Journals (Sweden)

    L. N. Sotnikova

    2015-01-01

    Full Text Available The features and current trends in the development of the banking system of the Russian Federation are highlighted in the article. The authors propose an original method of evaluation of activities of credit organizations with the use of statistical data and rating agencies. The concept of the banking system is summarized in this article. Also its structure is analyzed by the number of credit institutions and the quality of their operations. The authors identifie differences between the concepts of banking service, banking operation and banking product and propose classification according to different characteristics of banking institutions and operations that they carry out. Then the authors go to estimating the volume of banking services in Russia and their patterns in total. Separately the main passive (deposits and loans and active operations (lending to legal entities and individuals are characterized. The authors identifie the major developments in the banking system of the Russian Federation in 2014 due to political and economic sanctions by the U.S. and Eurozone countries. The article provides a vision of the authors on the further development of the banking activity in Russia and proposes specific measures to adapt the banking system of the Russian Federation in a constantly changing political and economic conditions (financial sanctions, a change of key Central Bank rates, devaluation, etc.. According to the authors' opinion the expected prospects of development of the banking system of the Russian Federation to 2015 are: the growth in savings accounts in banks; sanctions will be of a personal nature and will not affect the largest credit institutions; the active growth of the corporate loan portfolio will continue; the growth of retail lending portfolio will continue to slow; mortgage lending will increase in the total loan portfolio of the banking sector of Russia.

  6. BANKING WITHOUT INTEREST

    Directory of Open Access Journals (Sweden)

    Jana Ilieva

    2017-06-01

    Full Text Available In recent years, there has been increased global awareness of Islamic finance. This topic is mainly opened with respect to the great financial crisis that mostly hit the banking system and the financial markets and caused many bank bankruptcies and state interventions. This paper analyzes the basic principles of Islamic banking. The absolute prohibition of receiving and giving interest (Riba and profit-and-loss sharing (PLS paradigms are elaborated in detail; they are primarily based on mudarabah (profit-sharing and musyarakah (joint venture concepts which nowadays are becoming an accepted way of doing business in several Western multinational banks. An overall comparison of the advantages of Islamic vs. conventional banking is also given. Islamic finance technology solutions have matured and they will face various challenges in the following decades, due to conventional banks offering, increasingly, Islamic products. The need for a more comprehensive environment and regulatory framework is emphasized, so that Islamic banking development can be ensured.

  7. "Will MyBank lead to more cross-border e-commerce in the EU?"

    NARCIS (Netherlands)

    Weltevreden, J.W.J.

    2013-01-01

    The launch of MyBank – the EU wide online payment system that provides consumers the possibility to make payments for goods and services in other EU countries via their own online banking environment – may give a boost to cross-border e-commerce within the European Union.

  8. TRENDS OF ROMANIAN BANKING NETWORK DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Nicoleta Georgeta PANAIT

    2015-07-01

    Full Text Available Since 2009, two trends occurred in the banking world: downsizing of personnel, on the one hand and the reduction of retail units held, on the other hand. The first trend was most notable in countries with unstable or weak economy. The effects were seen immediately. Reducing of the operating costs and more applied of the territorial structure and staff was a decision that credit institutions in Romania took relatively late. Worldwide banks began a restructuring otherwise dictated by this time not so economic crises new market trends - increasing access to the internet for the population and use of the internet in a growing proportion of internet banking

  9. LIQUIDITY MANAGING A CURRENT JOB OF BANKING MANAGEMENT

    Directory of Open Access Journals (Sweden)

    MEDAR LUCIAN-ION

    2014-02-01

    Full Text Available A credit institution liquidity managing, concerns on currency flows and operative funding needs, for customer satisfaction. Correlating bank liabilities and assets reflects the overall picture of the liquidity situation. The purpose of an efficient management of bank liquidity is to ensure the normal course of banking intermediation, to protect the interests of customers on one side and of the shareholders on the other side. Through an efficient bank liquidity management, are ensured reserve requirements and especially reasonable banking capacity of deposits reimbursement to customers, correlated with period in which they are or there are not returned to the credit institution, investments in the loans and other assets.

  10. Bank service quality in private sector: Evidence from Iran

    Directory of Open Access Journals (Sweden)

    Niloufar Asgarian

    2013-02-01

    Full Text Available Service quality plays an important role in service industries such as banks, insurance firms, etc. The purpose of this paper is to investigate level of service quality in private banking industry in Iran. The proposed model of this paper uses SERVQUAL tool for measuring service quality and population of this study includes customers of three private banks in Tehran. Results show that except efficiency, other variables of SERVQUAL obtained suitable level mean in this study. As a result, with the development of electronic commerce, internet banking has become an alternative for developing, operating and offering bank services.

  11. Bank Efficiency Research of Chinese Commercial Banks based on Data Envelopment Analysis

    OpenAIRE

    FENG, JIERUI

    2012-01-01

    According to the related agreements accepted by China on accessing World Trade Organization, it has become reality for foreign banks to enter domestic financial markets. The diversity of financial markets and trades will make Chinese banking industry face greater challenges on the aspects of talents, operations, techniques and management. In addition, risk factors will become more complicated, such as market risks, operational risks and credit risks. Therefore, facing this new challenging sit...

  12. 以PPP模式运作的银行贷款还款来源分析%Source analysis of the bank loan repayment in the operation of PPP model

    Institute of Scientific and Technical Information of China (English)

    张明

    2015-01-01

    Local government debt management standards,PPP mode(the government and social capital cooperation mode)will become an important channel for the transformation of local government functions,will also change the local government of the original financing model,PPP project loans will become focus of commercial banks further wrestling,expand their business at the same time,the commercial banks are also not neglect asset quality requirements. Around the PPP project loan repayment sources,respectively from the first repayment and the second source of repayment of PPP project loans in the process of the core elements of the analysis,to ensure the quality and safety of credit assets,and promote the healthy operation of PPP project,to alleviate the pressure on local government debt.%地方政府债务规范性管理后,PPP模式(政府与社会资本合作模式)将成为地方政府职能转型的重要渠道,也将改变地方政府原有的融资模式,PPP项目贷款将成为各家商业银行进一步角力的重点,在业务拓展的同时,商业银行同样不能忽视对资产质量的要求. 围绕PPP项目贷款还款来源,分别从第一还款和第二还款来源出发,分析PPP项目贷款过程中的核心要点,确保信贷资产质量安全,推进PPP项目健康运营,缓解地方政府债务压力.

  13. International Banking: Implementation of Risk-Based Capital Adequacy Standards

    Science.gov (United States)

    1991-01-01

    conducting open market operations ,’ and changing the official discount rate. The Bank also uses an informal mechanism known as "window guidance" as a...distinctions have blurred, and competition between these institutions has intensified. ’ Open market operations are conducted by the central bank when

  14. 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 sufficient...

  15. Internal communication in a bank institution

    OpenAIRE

    Zelová, Dagmar

    2010-01-01

    This Master's Thesis is about internal communication in a bank institution. The internal communication is viewed from both theoretical and practical point of view. Its goal is to identify the informational flows and operation of internal communication in a bank institution based on observation, analysis of internal documents and surveys, and to find out if the processes work effectively and suggest potential remedies. The Master Thesis is about the purpose, goals, principles of effective inte...

  16. Loanable funds, risk, and bank service output

    OpenAIRE

    J. Christina Wang

    2003-01-01

    This paper develops a unified theory of bank operations that integrates theories of financial intermediation, asset pricing, and production. In a simple dynamic model, banks maximize the present value of future profits generated through three categories of qualitatively distinct functions: (1) resolving information asymmetry in order to make loans, (2) providing transaction services, and (3) financing loans with borrowed funds. Risk determines the rate of return on the funds and in turn the d...

  17. Identifying factors that influence customer retention in a South African retail bank

    OpenAIRE

    Gouws, Nadia

    2012-01-01

    Customer retention plays a pivotal role in contributing to the profitability of retail banks. Within this extremely competitive market it necessitates retails banks to follow a structured, data-driven approach to identify “at risk” customers and to launch proactive retention campaigns based on identified drivers of customer attrition. The following main drivers of customer attrition were identified in the retail bank:  Attrition decrease as Vertical Sales Index increase.  Attrition...

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

    OpenAIRE

    Thomas F. Cargill

    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.

  19. The Falcon I Launch Vehicle

    OpenAIRE

    Koenigsmann, Hans; Musk, Elon; Shotwell, Gwynne; Chinnery, Anne

    2004-01-01

    Falcon I is the first in a family of launch vehicles designed by Space Exploration Technologies to facilitate low cost access to space. Falcon I is a mostly reusable, two stage, liquid oxygen and kerosene powered launch vehicle. The vehicle is designed above all for high reliability, followed by low cost and a benign flight environment. Launched from Vandenberg, a standard Falcon I can carry over 1000 lbs to sun-synchronous orbit and 1500 lbs due east to 100 NM. To minimize failure modes, the...

  20. STS-114: Discovery Launch Postponement Press Briefing

    Science.gov (United States)

    2005-01-01

    This press briefing addresses the problem that occurred prior to the launch of the STS-114. Dean Acosta, Deputy Assistant Administrator of Public Affairs, introduces the panel which consists of Dr. Michael Griffin, NASA Administrator, William Readdy, Associate Administrator for Space Operations, Wayne Hale, Space Shuttle Program Deputy Manager, Steve Poulas, Orbiter Project Manager, Mike Leinbach, NASA Launch Director, and Bill Parsons, Space Shuttle Program Manager. Wayne Hale expresses that a problem occurred with one of the low level sensors in the hydrogen tank and that the cause of the problem must be identified and rectified. Steve Poulos talks about establishing a troubleshooting plan as a part of the scrub effort and Mike Leinbach describes the process of draining the external tank. Wayne Hale answers questions about the sensors and if the Space Shuttle Discovery is safe to fly and Steve Poulos answers questions about the possible suspects for this problem.

  1. E-BANKING: A CASE STUDY OF ASKARI COMMERCIAL BANK PAKISTAN

    Directory of Open Access Journals (Sweden)

    Muhammad Shakil AHMAD

    2011-01-01

    Full Text Available This paper has covered the operational issues related to e-banking as well as customer’s perception on usage of e-banking a case study of Askari Bank, Pakistan. 40 staff members and four customers are selected as sample for this study. Both qualitative and quantitative methods are used to present the results. Descriptive statistics is applied to describe the demographic variables while for operational problems correlation was used. Finally cross case analysis present customers’ perception about e-banking practices. Analysis shows that customer is not ready to adopt new technology that why their satisfaction level with e-banking is low. Internet speed and government policies are not supportive for e-banking in Pakistan. Due to lack of trust on technology and low computer literacy rate, customer hesitates to adopt new technology. : In order to promote IT culture in Pakistan, government has to reduce the internet rate. to promote the benefits of e-banking on media so that more user get facilitated from e-banking services.

  2. Hewitt launches Research Councils UK

    CERN Multimedia

    2002-01-01

    "Trade and Industry Secretary Patricia Hewitt today launched 'Research Councils UK' - a new strategic partnership that will champion research in science, engineering and technology across the UK" (1 page).

  3. Persistant Launch Range Surveillance Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Launch site infrastructure and space vehicle assets represent multi-billion dollar investments that must be protected. Additionally, personnel and equipment must be...

  4. 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...

  5. STS-53 Launch and Landing

    Science.gov (United States)

    1992-01-01

    Footage of various stages of the STS-53 Discovery launch is shown, including shots of the crew at breakfast, getting suited up, and departing to board the Orbiter. The launch is seen from many vantage points, as is the landing. On-orbit activities show the crew performing several medical experiments, such as taking a picture of the retina and measuring the pressure on the eyeball. One crewmember demonstrates how to use the rowing machine in an antigravity environment.

  6. CubeSat Launch Initiative

    Science.gov (United States)

    Higginbotham, Scott

    2016-01-01

    The National Aeronautics and Space Administration (NASA) recognizes the tremendous potential that CubeSats (very small satellites) have to inexpensively demonstrate advanced technologies, collect scientific data, and enhance student engagement in Science, Technology, Engineering, and Mathematics (STEM). The CubeSat Launch Initiative (CSLI) was created to provide launch opportunities for CubeSats developed by academic institutions, non-profit entities, and NASA centers. This presentation will provide an overview of the CSLI, its benefits, and its results.

  7. Modeling the Virtual Machine Launching Overhead under Fermicloud

    Energy Technology Data Exchange (ETDEWEB)

    Garzoglio, Gabriele [Fermilab; Wu, Hao [Fermilab; Ren, Shangping [IIT, Chicago; Timm, Steven [Fermilab; Bernabeu, Gerard [Fermilab; Noh, Seo-Young [KISTI, Daejeon

    2014-11-12

    FermiCloud is a private cloud developed by the Fermi National Accelerator Laboratory for scientific workflows. The Cloud Bursting module of the FermiCloud enables the FermiCloud, when more computational resources are needed, to automatically launch virtual machines to available resources such as public clouds. One of the main challenges in developing the cloud bursting module is to decide when and where to launch a VM so that all resources are most effectively and efficiently utilized and the system performance is optimized. However, based on FermiCloud’s system operational data, the VM launching overhead is not a constant. It varies with physical resource (CPU, memory, I/O device) utilization at the time when a VM is launched. Hence, to make judicious decisions as to when and where a VM should be launched, a VM launch overhead reference model is needed. The paper is to develop a VM launch overhead reference model based on operational data we have obtained on FermiCloud and uses the reference model to guide the cloud bursting process.

  8. Money Market Operations in Fiscal 2006

    OpenAIRE

    Financial Markets Department

    2007-01-01

    Throughout fiscal 2006, the Bank of Japan conducted money market operations with the uncollateralized overnight call rate as the operating target. Between March 2001 and March 2006, the Bank adopted the so-called "quantitative easing policy" whereby it conducted money market operations with the main target being the outstanding balance of current accounts at the Bank. Thus, this marked the first time in five years that the Bank used uncollateralized overnight call rates as its operating target.

  9. A lost century in economics: three theories of banking and the conclusive evidence

    OpenAIRE

    Werner, Richard

    2015-01-01

    How do banks operate and where does the money supply come from? The financial crisis has heightened awareness that these questions have been unduly neglected by many researchers. During the past century, three different theories of banking were dominant at different times: (1) The currently prevalent financial intermediation theory of banking says that banks collect deposits and then lend these out, just like other non-bank financial intermediaries. (2) The older fractional reserve theory of ...

  10. The Impact of Credit Risk Management on Profitability of Commercial Banks : A Study of Europe

    OpenAIRE

    Zou, Yijun; Li, Fan

    2014-01-01

    Banks today are the largest financial institutions around the world, with branches and subsidiaries throughout everyone’s life. However, commercial banks are facing risks when they are operating. Credit risk is one of the most significant risks that banks face, considering that granting credit is one of the main sources of income in commercial banks. Therefore, the management of the risk related to that credit affects the profitability of the banks. The aim of the research is to provide stake...

  11. The Correlated Factors of Mandatory Social Reporting by Islamic Banks in Indonesia

    OpenAIRE

    Dodik Siswantoro

    2012-01-01

    Objective – Islamic Banking is closely related to the real sector. Then, its operation should reflect the real sector which is expected to contribute to the sustainable economic growth. Nevertheless, Islamic banks are still benchmarking the price of their products (profit sharing and sales) on interest rate. This is as an implication of the implementation of the dual banking system. Moreover, the small portion of Islamic banking compared to the total national banks causes the competitiveness ...

  12. 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.

  13. Tissue banking in australia.

    Science.gov (United States)

    Ireland, Lynette; McKelvie, Helen

    2003-01-01

    The legal structure for the regulation of tissue banking has existed for many years. In Australia, the donation of human tissue is regulated by legislation in each of the eight States and Territories. These substantially uniform Acts were passed in the late 1970's and early 1980's, based on model legislation and underpinned by the concept of consensual giving. However, it was not until the early 1990's that tissue banking came under the notice of regulatory authorities. Since then the Australian Government has moved quickly to oversee the tissue banking sector in Australia. Banked human tissue has been deemed to be a therapeutic good under the Therapeutic Goods Act 1989, and tissue banks are required to be licensed by the Therapeutic Goods Administration and are audited for compliance with the Code of Good Manufacturing Practice- Human Blood and Tissues. In addition, tissue banks must comply with a myriad of other standards, guidelines and recommendations.

  14. Launch Pad Coatings for Smart Corrosion Control

    Science.gov (United States)

    Calle, Luz M.; Hintze, Paul E.; Bucherl, Cori N.; Li, Wenyan; Buhrow, Jerry W.; Curran, Jerome P.; Whitten, Mary C.

    2010-01-01

    Corrosion is the degradation of a material as a result of its interaction with the environment. The environment at the KSC launch pads has been documented by ASM International (formerly American Society for Metals) as the most corrosive in the US. The 70 tons of highly corrosive hydrochloric acid that are generated by the solid rocket boosters during a launch exacerbate the corrosiveness of the environment at the pads. Numerous failures at the pads are caused by the pitting of stainless steels, rebar corrosion, and the degradation of concrete. Corrosion control of launch pad structures relies on the use of coatings selected from the qualified products list (QPL) of the NASA Standard 5008A for Protective Coating of Carbon Steel, Stainless Steel, and Aluminum on Launch Structures, Facilities, and Ground Support Equipment. This standard was developed to establish uniform engineering practices and methods and to ensure the inclusion of essential criteria in the coating of ground support equipment (GSE) and facilities used by or for NASA. This standard is applicable to GSE and facilities that support space vehicle or payload programs or projects and to critical facilities at all NASA locations worldwide. Environmental regulation changes have dramatically reduced the production, handling, use, and availability of conventional protective coatings for application to KSC launch structures and ground support equipment. Current attrition rate of qualified KSC coatings will drastically limit the number of commercial off the shelf (COTS) products available for the Constellation Program (CxP) ground operations (GO). CxP GO identified corrosion detection and control technologies as a critical, initial capability technology need for ground processing of Ares I and Ares V to meet Constellation Architecture Requirements Document (CARD) CxP 70000 operability requirements for reduced ground processing complexity, streamlined integrated testing, and operations phase affordability

  15. COMMERCIAL BANK LIQUIDITY MANAGEMENT

    OpenAIRE

    KOREKOV A.V.

    2015-01-01

    Bank liquidity management and optimal resource allocation of commercial bank Nostro accounts balances receive much less attention from the scientists compared to the questions on capital structure, funding, credit risk analysis and stress testing. Optimal liquidity management is a way to lower bank costs and risks, which are going to increase over time, especially when money markets are dry of free funds. There are two sides of the issue to be analyzed. The optimal resource allocation and cor...

  16. Multi-National Cooperation in Space Operations

    Science.gov (United States)

    2005-06-01

    8 Figure 3 Sea Launch System (From: Energia ) .................................................................9 Figure 4 Primary...some lessons may still be drawn. Sea Launch is a joint effort between Boeing (U.S.), RSC Energia (Russia), SDO Yuzhnoye/PO Yuzhmash (Ukraine...operations, and home port management. RSC Energia provides the Block DM upper stage, launch vehicle integration, ground systems and launch operations. SDO

  17. Alternatives for Future U.S. Space-Launch Capabilities

    Science.gov (United States)

    2006-10-01

    as the crew carrier and the similarly derived top-mounted super-heavy launcher as the cargo carrier—that is, the shuttle-derived super-heavy alterna ...tive considered by CBO. Through 2017, CBO’s estimate of the budgetary resources needed to execute that alterna - tive on the more ambitious schedule...U.S. launch capacity exclude the Sea Launch system operated by Boeing in partnership with RSC- Energia (based in Moscow), Kvaerner ASA (based in Oslo

  18. Bulgarian banking: looking for sustainability

    Directory of Open Access Journals (Sweden)

    Garabed Minassian

    2013-10-01

    Full Text Available In this work, we trace and analyze the emergence of the crisis in the Bulgarian banking system as well as the behavior of the central bank and other macroeconomic institutions. The average annual rate of growth in the net profits of the commercial banks for the period 2002-2008 amounted to 31.6%, which encouraged and accounted for the increase in credits. After 2008, the pendulum began to swing back as the difficulties in collecting loan repayments increased, the strain in financial balances tightened and assistance and support from the regulators were requested. The level of the financial and operating income was maintained primarily because of the high interest rates on the loans, but the structure of their distribution shifted substantially. Administrative costs and depreciation were nearly frozen up, and impairment and provisions grew at the expense of profit. This work shows that macroeconomic policies allowed the expansion of the lending boom and encouraged its irrational development. Poor operation and poor quality of the institutions not only allowed but also enabled direction of investments to financing of inefficient production structures. Underestimating the negative consequences shoring up a dysfunctional institutional environment is deemed a form of irrationality; however, not one of the immediate economic players acted to override the economic and political environment. The financial and economic crisis currently affecting the country has its roots in the deficiencies of the domestic macroeconomic policies, and therefore, the efforts toward overcoming these failures should be directed at improved domestic macroeconomic management.

  19. NASA's Space Launch System: Momentum Builds Towards First Launch

    Science.gov (United States)

    May, Todd; Lyles, Garry

    2014-01-01

    NASA's Space Launch System (SLS) is gaining momentum programmatically and technically toward the first launch of a new exploration-class heavy lift launch vehicle for international exploration and science initiatives. The SLS comprises an architecture that begins with a vehicle capable of launching 70 metric tons (t) into low Earth orbit. Its first mission will be the launch of the Orion Multi-Purpose Crew Vehicle (MPCV) on its first autonomous flight beyond the Moon and back. SLS will also launch the first Orion crewed flight in 2021. SLS can evolve to a 130-t lift capability and serve as a baseline for numerous robotic and human missions ranging from a Mars sample return to delivering the first astronauts to explore another planet. Managed by NASA's Marshall Space Flight Center, the SLS Program formally transitioned from the formulation phase to implementation with the successful completion of the rigorous Key Decision Point C review in 2014. At KDP-C, the Agency Planning Management Council determines the readiness of a program to go to the next life-cycle phase and makes technical, cost, and schedule commitments to its external stakeholders. As a result, the Agency authorized the Program to move forward to Critical Design Review, scheduled for 2015, and a launch readiness date of November 2018. Every SLS element is currently in testing or test preparations. The Program shipped its first flight hardware in 2014 in preparation for Orion's Exploration Flight Test-1 (EFT-1) launch on a Delta IV Heavy rocket in December, a significant first step toward human journeys into deep space. Accomplishments during 2014 included manufacture of Core Stage test articles and preparations for qualification testing the Solid Rocket Boosters and the RS-25 Core Stage engines. SLS was conceived with the goals of safety, affordability, and sustainability, while also providing unprecedented capability for human exploration and scientific discovery beyond Earth orbit. In an environment

  20. LIQUIDITY ANALYSIS OF STATE BANK OF INDIA

    Directory of Open Access Journals (Sweden)

    Kumar Gandhi R

    2011-12-01

    Full Text Available Modern customer has a high demand for quality of service than he/she had before. There is an urgent need for improving the customer service levels currently provided in the banking industry. Banks need to understand, foresee, the needs and expected levels of customer support which the customer expects when he/she steps into the branch and strive to stand up and excel in providing the service and making banking a truly delightful experience. The banker should change his/her agenda from Customer Satisfaction to Customer delight and then march towards Customer Ecstasy. This will be possible by maintaining the financial soundness of the firm. In this connection it has been given importance through this study. Since most of the Banking slightly deviate into the other areas like insurance, financial services and modern banking services such as Advisory services, Agent for receivables, custodian, instant loan provider, Forfeiter services and factoring services. A conscious attempt has been made to analysis the liquidity of state bank of India (SBI. The present study aimed to understand the financial soundness of the bank, the ratio analysis taken as tool. In this research work the secondary data mainly used, it has been collected in the form of the company manuals, Balance sheets and other documents. The data analyzed by some of the statistical tools such as ANOVA test and Multi variate test is used to analyze the interferences about the operating efficiency.

  1. Securities and banking: bridges and walls

    Directory of Open Access Journals (Sweden)

    Tommaso Padoa-Schioppa

    2002-09-01

    Full Text Available The paper examines the relationship between banking and securities activities in the light of financial market developments (securitisation, institutionalization of investment, emergence of complex financial instruments, conglomeration and consolidation, with particular reference to Europe. The enhanced links between banking and securitiesbusinesses have generated increased and new risks to financial institutions. However, banks' stability remains crucial for the stability of the financial system as a whole, because of their unique role as provider of liquidity. The paper also addresses the implications of the banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements traditional in banking (such as capital ratios into the securities field, and the importing of securities regulation (such as transparency requirements into the banking sector, can be deemed mutually beneficial. As regards supervision, there is a need to monitor the continued effectiveness of the current framework. This entails strengthening co-operation both at the national level and on a cross-border basis among sectoral supervisors in the micro-prudential field, and between them and central banks in the macro-prudential field.

  2. Strangers and neighbours: cross-border banking in North America

    Directory of Open Access Journals (Sweden)

    J.W. DEAN

    2013-12-01

    Full Text Available The paper is concerned with regulatory and competitive aspects of the mutual penetration by Canadian and U.S. banks of each other’s domestic markets. The authors assess the degree to which economic factors alone are responsible for the difference in growth rates between domestic and foreign banks in North America. They argue that regulation has not affected the growth of foreign banks in North America by addressing the question of reciprocity in banking regulations, before examining foreign banks in the U.S. and the manner in which they have been regulated. U.S. banks operating in Canada are then dealt with. Finally, the results of an empirical test of the proposition that the growth of cross-border banking is attributable to factors other than differential regulation is presented.

  3. GLOBALIZATION AND ITS EFFECTS ON THE BANKING MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Drăgan (Sântămărian Oana Raluca

    2012-12-01

    Full Text Available This paper describes one of the major challenges of the present: globalization and its effects on the banking. Globalization is now increasingly recognized as central to the growth of market economies. For the banking sector, this represents both a demand as well as a new landscape of business opportunity.Several years ago, the main part of the banks did not consider the globalization problems relevant for their operations. Recently, the banks began to realize the major impact of the globalization over the way of creating the banking risk in the future. The banking management in the context of globalization represents one of the challengesof these days. Starting from literature in the globalization field in this paper focuses on several relevant issues related to banking management.

  4. FPGA Implementations of Bireciprocal Lattice Wave Discrete Wavelet Filter Banks

    Directory of Open Access Journals (Sweden)

    Jassim M. Abdul-Jabbar

    2012-06-01

    Full Text Available In this paper, a special type of IIR filter banks; that is the bireciprocal lattice wave digital filter (BLWDF bank, is presented to simulate scaling and wavelet functions of six-level wavelet transform. 1st order all-pass sections are utilized for the realization of such filter banks in wave lattice structures. The resulting structures are a bireciprocal lattice wave discrete wavelet filter banks (BLW-DWFBs. Implementation of these BLW-DWFBs are accomplished on Spartan-3E FPGA kit. Implementation complexity and operating frequency characteristics of such discrete wavelet 5th order filter bank is proved to be comparable to the corresponding characteristics of the lifting scheme implementation of Bio. 5/3 wavelet filter bank. On the other hand, such IIR filter banks possess superior band discriminations and perfect roll-off frequency characteristics when compared to their Bio. 5/3 wavelet FIR counterparts.

  5. 12 CFR 615.5180 - Interest rate risk management by banks-general.

    Science.gov (United States)

    2010-01-01

    ... § 615.5135 of this part. The program shall establish a risk management process that effectively... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Interest rate risk management by banks-general... FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Risk Assessment and Management § 615...

  6. Chinasat 9 to Be Launched in 2007

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    CASC is chosen by China Satellite Communications Corporation (China Satcom) to launch Chinasat 9 direct broadcasting satellite around July 2007, The satellite will be launched into a geostationary orbit by a LM3B from Xichang Satellite Launch Center,

  7. Essays on banking and regulation

    NARCIS (Netherlands)

    Todorov, R.I.

    2013-01-01

    This thesis consists of three chapters that explore issues related to bank capital, multinational bank supervision, and bank lending in a developing country. The first chapter explores the impact of peer banks on bank capital adjustments. The second chapter evaluates the extent to which distortions

  8. Hail Disrometer Array for Launch Systems Support

    Science.gov (United States)

    Lane, John E.; Sharp, David W.; Kasparis, Takis C.; Doesken, Nolan J.

    2008-01-01

    Prior to launch, the space shuttle might be described as a very large thermos bottle containing substantial quantities of cryogenic fuels. Because thermal insulation is a critical design requirement, the external wall of the launch vehicle fuel tank is covered with an insulating foam layer. This foam is fragile and can be damaged by very minor impacts, such as that from small- to medium-size hail, which may go unnoticed. In May 1999, hail damage to the top of the External Tank (ET) of STS-96 required a rollback from the launch pad to the Vehicle Assembly Building (VAB) for repair of the insulating foam. Because of the potential for hail damage to the ET while exposed to the weather, a vigilant hail sentry system using impact transducers was developed as a hail damage warning system and to record and quantify hail events. The Kennedy Space Center (KSC) Hail Monitor System, a joint effort of the NASA and University Affiliated Spaceport Technology Development Contract (USTDC) Physics Labs, was first deployed for operational testing in the fall of 2006. Volunteers from the Community Collaborative Rain. Hail, and Snow Network (CoCoRaHS) in conjunction with Colorado State University were and continue to be active in testing duplicate hail monitor systems at sites in the hail prone high plains of Colorado. The KSC Hail Monitor System (HMS), consisting of three stations positioned approximately 500 ft from the launch pad and forming an approximate equilateral triangle (see Figure 1), was deployed to Pad 39B for support of STS-115. Two months later, the HMS was deployed to Pad 39A for support of STS-116. During support of STS-117 in late February 2007, an unusual hail event occurred in the immediate vicinity of the exposed space shuttle and launch pad. Hail data of this event was collected by the HMS and analyzed. Support of STS-118 revealed another important application of the hail monitor system. Ground Instrumentation personnel check the hail monitors daily when a

  9. Efficiency in Islamic Banking: Evidence from MENA Region

    Directory of Open Access Journals (Sweden)

    Mouna MOUALHI

    2016-11-01

    Full Text Available The purpose of this paper is to assess empirically the efficiency of 33 Islamic banks operating in MENA region over the period 2006-2012. This paper is based on efficiency measurement in which the non-parametric approach, Data envelopment Analysis (DEA method that applied the intermediation approach, is employed to measure the level of Technical, pure technical, and scale efficiency. Overall, our empirical evidence suggests that during the period of study, pure technical inefficiency dominates scale inefficiency in the Islamic banking sector which can be attributed to their relative inability to monitor the operations costs and the full use of resources. Moreover, the largest Islamic banks tend to operate at constant return to scale (CRS or decrease return to scale (DRS, despite the fact that the small banks tend to operate at CRS or at increase return to scale (IRS. Keywords: Islamic Banks, Data Envelopment Analysis (DEA, MENA. JEL Classification: G21, G24, G28, C14

  10. Total Factor Productivity Change in the Middle East Banking: The Case of Jordanian Banks at the Turn of the Millennium

    Directory of Open Access Journals (Sweden)

    Ihsan Isik

    2016-04-01

    Full Text Available This paper analyzes the total factor productivity developments in the Middle East banking, by drawing on the experience of Jordanian banks at the start of the new millennium. In order to control for the effects of different specifications of banking technology on the results, this study estimates the productivity and efficiency growth scores under two alternative approaches, production and intermediation models. On average, under the former model, we found 79% technical efficiency and 3.2% productivity growth, while under the later model we found 92% technical efficiency and 3.3% productivity growth for the sector. One implication is that the Jordanian banks can obtain considerable resource savings if they can catch up with the best practice banks. Among the organizational forms operating in this emerging market, we found that commercial banks generally outperform both investment and Islamic banks in terms of efficiency and total factor productivity growth.

  11. THE EVOLVING COMPETITIVE DYNAMICS IN THE RETAIL BANKING SECTOR IN INDIA: A CASE STUDY OF KARNATAKA BANK

    Directory of Open Access Journals (Sweden)

    Krishnakumar RAMANATHAN

    2016-08-01

    Full Text Available The banking industry in India is going through a unique competitive situation: on the one hand, the proliferation of new banks has increased competition multi-fold; on the other hand, given the rigid regulatory environment, banks have very little liberty to innovate products. The entry of multinational banking giants with superior service operations has further amplified the competition for customers. This paper examines the business performance of Karnataka bank during the period between 2006 and 2014 in order to bring home some of these challenges. Based on feedback from the branch managers, savings and current accounts - two classic banking products – suffered the most in the onslaught. Practicing managers as well as customers that we interviewed held that banking services in terms of customer experience ought to be improved and that various value added services could be introduced. Customers also expected reduced penalty for minimum balance and enhanced insurance cover for their accounts.

  12. Factors Determining Mergers of Banks in Malaysia's Banking Sector Reform

    National Research Council Canada - National Science Library

    Rubi Ahmad; Mohamed Ariff; Michael Skully

    2007-01-01

    What was termed government-guided merger was a unique banking sector reform implemented in 2002 by the central bank of Malaysia guiding a larger number of depository institutions to form 10 large banks...

  13. CSR REPORTING IN BANKS - THE ROMANIAN EVIDENCE

    Directory of Open Access Journals (Sweden)

    Georgiana-Loredana FRECEA

    2016-06-01

    Full Text Available The dynamics of the financial markets and the significant interrelationships with broader concepts as globalization or sustainable development, have led in recent years to the development of a multidimensional approach of CSR. The credibility of the financial system is based on the financial institutions image given by representative stakeholders. They filter in an objective way the ethical responsibilities of the banks and the legal ones and give them the legitimacy to operate on the market. In order to obtain a realistic framework of CSR in Romanian banks, the article will focus on the transparency of CSR information. The confidence crisis manifested in the banking institutions can best be overcome through an authentic reporting system, which is able to fulfill a set of requirements, from credibility to completeness. This paper highlights the main characteristics of the CSR reports provided by the Romanian banking institutions, based on the stakeholder theory and using international reporting frameworks as Global Reporting Initiative.

  14. FINANCING TO DEPOSIT RATIO (FDR SEBAGAI SALAH SATU PENILAIAN KESEHATAN BANK UMUM SYARIAH (Study Kasus Pada Bank BJB Syariah Cabang Serang

    Directory of Open Access Journals (Sweden)

    DIDIN RASYIDIN

    2016-03-01

    Full Text Available Abstract. Study on Assessment the Commercial Islamic Bank by Financing to Deposit Ratio (FDR at BJB Syariah Serang. Islamic bank is a bank that operates without relying on interest. Islamic banks can also be interpreted as financial institutions/ banks operations and products are developed based on the Quran and Hadith. Antonio and Perwataatmadja distinguish two senses, namely the Islamic banks and banks operating with Islamic Shari'a principles. Islamic Bank is a bank that operates with Islamic Shari'a and an ordinance operating refers to the provisions of the Qur'an and hadith. The purpose of this study is to determine how percentage and how does the calculation of Financing to Deposit Ratio of Bank Jawa Barat Syariah at the end of 2013. The method used in this research is descriptive cualitative method. Qualitative research method is a method to investigate an object that can not be measured by numbers or other sizes that are exact. The conclusion of the study is the Financing to Deposit Ratio (FDR at Bank BJB Syariah is 104.28%. This means that banks liquidity ability to anticipate the needs of liquidity and liquidity risk management is weak is ranked fourth composite Abstrak. Financing to Deposit Ratio (FDR Sebagai Salah Satu Penilaian Kesehatan Bank Umum Syariah (Study Kasus Pada Bank BJB Syariah Cabang Serang. Bank syariah adalah bank yang beroperasi tanpa mengandalkan bunga. bank syariah juga dapat diartikan sebagai lembaga keuangan yang operasional dan produknya dikembangkan berdasarkan Al-Quran dan Hadis. Antonio dan Perwataatmadja membedakan dua pengertian, yaitu bank syariah dan bank yang beroperasi dengan prinsip syariat Islam. Bank syariah adalah bank yang beroperasi dengan syariat dan tata cara Islam yang mengacu pada ketentuan Al-Qur'an dan hadits. Tujuan dari penelitian ini adalah untuk menentukan bagaimana persentase dan bagaimana perhitungan Financing to Deposit Ratio Bank Jawa Barat Syariah pada akhir 2013. Metode yang

  15. The Impact of Arms Limitation Agreements and Export Control Regulations of International Commercial Launch Activities

    Science.gov (United States)

    Freeland, Steven

    2002-01-01

    The commercial launch industry is by its very nature a global sector dominated by multinationals that operate across national boundaries. Since the end of the Cold War, new launch operators have become increasingly reliant on existing space and propulsion technology from Russia and other former constituent republics of the Soviet Union. With this in mind, the impact of export controls imposed by various countries under various internationally agreements, especially those of Australia, Russia and the United States, has become an increasingly important factor in the day-to-day operation of commercial launch operators. This is particularly true for launch operators utilising converted ballistic missiles as launch vehicles, as they have to consider also the impact of arms reduction treaties, such as START, on their launch operations. This paper explores the legal and administrative operations of the START and export control regimes operated by Russia and the United States, as well as emerging launching States such as Australia, and how they impact on the logistical operations of domestic or multinational commercial launch operators.

  16. Banking system in Romania and implementation of electronic payment

    Directory of Open Access Journals (Sweden)

    Banking system in Romania and implementation of electronic payment Nita Georgian

    2011-02-01

    Full Text Available Romania's banking system is a two-tier system, including the National Bank and credit institutions. This system was introduced in December 1990, the first step of the banking reform. The legislative framework governing the banking system comprises: Law on National Bank of Romania - Law no. 312 of 28 June 2004 Ordinance on credit institutions and capital adequacy - Government Emergency Ordinance no. 99 of 6 December 2006; Law for the approval of Government Emergency Ordinance no. 99 of 6 December 2006 - Law no. 227 of 4 July 2007. On the Romanian market also operates non-bank financial institutions such as mutual assistance funds, pawnshops, financial leasing companies, credit companies for individuals, micro-finance companies, mortgage companies, companies offering factoring operations, finance companies specializing in commercial transactions, and others.

  17. Platerm: la banque de terminologie du systeme Platon (PLATERM: The Terminology Bank of the PLATO System).

    Science.gov (United States)

    Schwab, Wallace; St-Denis, Richard

    1980-01-01

    Describes the elements and functioning of the terminology bank of the PLATO (Programmed Loqic for Automated Teaching Operation) system. Discusses contemporary terminology and lexicography notions on which the bank is based and outlines the tasks performed through PLATERM. (MES)

  18. Platerm: la banque de terminologie du systeme Platon (PLATERM: The Terminology Bank of the PLATO System).

    Science.gov (United States)

    Schwab, Wallace; St-Denis, Richard

    1980-01-01

    Describes the elements and functioning of the terminology bank of the PLATO (Programmed Loqic for Automated Teaching Operation) system. Discusses contemporary terminology and lexicography notions on which the bank is based and outlines the tasks performed through PLATERM. (MES)

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

    Directory of Open Access Journals (Sweden)

    Medar Lucian-Ion

    2009-11-01

    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. 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.