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Sample records for limit bank interest

  1. 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.

  2. Determinants of Commercial Banks' Interest Rate Spread in Namibia ...

    African Journals Online (AJOL)

    bank, commercial banks, development financial institutions and the non-banking sector which consists of .... its interest rate spread in order to shield itself against the risk. This suggests that the ..... PSG Wealth Management (Namibia). (2013).

  3. Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins

    Directory of Open Access Journals (Sweden)

    Leonardo Hernández

    1992-03-01

    Full Text Available Financial Intermediation, Monetary Uncertainty, and Bank Interest Margins This paper studies a simple model of financial intermediation in order to understand how the lending-borrowing spread or interest margin charged by financial intermediaries is determined in equilibrium in a monetary economy. The main conclusion of the paper concerns the effect on the spread of changes in the distribution of monetary innovations. Thus, changes in the monetary-policy-rule followed by the Central Bank which alter the volatility of inflation will have important effects on the interest margin and also on the amount of credit available to investors. A crosssection empirical analysis strongly supports our hypothesis:

  4. Dual Banking Systems and Interest Rate Risk for Islamic Banks

    OpenAIRE

    Bacha, Obiyathulla I.

    2004-01-01

    In introducing Islamic banking in Malaysia, the basic strategy was to replicate the products/ services offered by conventional banks. The successful implementation of such a strategy has meant that Malaysia today has a truly dual banking system. Islamic banks in Malaysia not only have product similarity with conventional banks but share the same overall economic environment and a common customer base. The ability of non Muslim customers/depositors to switch between the two banking syste...

  5. 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 ...

  6. The difference between lending interest rate and funds interest rate. Link with sustainable banking. Particularities of Romanian Market

    Directory of Open Access Journals (Sweden)

    Cristian Gheorghe Iacob

    2015-05-01

    Full Text Available The article, is trying to capture the way difference between active and passive interest rates influence macroeconomic sustainable development in a country. However the theory is limited on this area and the author is intending to merge practical aspects with conceptual terms. The role of banks in an economy is very important, as all inflows and outflows are done through financial institutions. Bank sustainability is the area of study and practice that captures the contribution of banks in sustainable development of a country. Banking instruments are the means by which banks are present and act in the economy. Banking techniques are the mechanisms of banking instruments. The most important banking instruments are the loans and the deposits. So banks take deposits from different entities and use them as resource to finance other entities. A bank is considered contributing to sustainable development, if lending divisions allocates resources to investments that bring long-term welfare to the community not only for today people, but for future generations. Therefore, we can establish a correlation between banking sustainability and sustainable development through the evolution of banking instruments. Looking to detail, bank sustainability is highly affected by the local macroeconomic issues, but also from global influences.

  7. Rising interest rates, bank loans, and deposits

    OpenAIRE

    Hesna Genay; Darrin Halcomb

    2004-01-01

    The authors show how the relationships between interest rate changes, deposit growth rates, and loan growth rates have changed in the last ten years, discuss some possible reasons, and assess the likely impact of rising interest rates on loans and deposits going forward.

  8. DETERMINANTS OF INTEREST RATE SPREAD IN BANKING INDUSTRY

    Directory of Open Access Journals (Sweden)

    Arezoo GHASEMI

    2016-02-01

    Full Text Available This study is done to consider affecting factors on spread rate and define a suitable model of spread rate in banking industry. Spread rate is a difference between two related interest rates. In banking industry, spread rate is the difference between debts rate (especially for deposit and assets rate (Especially for loan. Interest rate spread has always been one of the most important and significant economic issues in different countries of the world. In this study, affecting factors on spread rate are considering in an Iranian bank during the last 19 month. Some variables such as NPL ratio, ratio of demand deposits on deposits, non interest income, and interest assets to assets, capital adequacy ratio, ROA ratio and inflation and exchange rate are analyzed on spread rate and a model is defined for bank according to prior studies and economical issues of Iran.  

  9. Determinants of Commercial banks' interest rate spreads in Botswana

    African Journals Online (AJOL)

    The profit they ... detrimental to financial development and economic growth as credit would not be flowing to ... sectors thus letting interest rates to be market determined. ..... positive relationship was expected as taxes increase costs for banks.

  10. 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...

  11. 12 CFR 615.5181 - Bank interest rate risk management program.

    Science.gov (United States)

    2010-01-01

    ....5181 Bank interest rate risk management program. (a) The board of directors of each Farm Credit Bank... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Bank interest rate risk management program. 615.5181 Section 615.5181 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING...

  12. Credit Risk Management and Interest Income of Banks in Nigeria

    Directory of Open Access Journals (Sweden)

    Fapetu, Oladapo

    2017-06-01

    Full Text Available This study examines the impact of credit risk on the interest income of banks in Nigeria between the period of 2000 and 2014. Unbalanced panel data analysis was used to estimate the model with unit root test, Breusch Pagan test, trend analysis, descriptive statistics, Perasan CD Test, heteroskedasticity test, heterogeneity test, serial correlation test, Jarquebera, F-statistics, random effect, fixed effect, time effect, Prob value, Hausman test and rho as the estimation parameters. The study discovered that NPL, LLP and LA are statistically significant in explaining the variation in interest income across banks in Nigeria, while LA/TD is not statistically significant in explaining the variation in interest income across banks in Nigeria. Based on this, the study recommends that regular update of credit policy and adequate measures to monitor loans should be put in place by banks in Nigeria, as these measures will reduce bad loans and ultimately cause a reduction in loan loss provisions.

  13. Basis Risk and Net Interest Income of Banks

    Directory of Open Access Journals (Sweden)

    Mielus Piotr

    2016-12-01

    Full Text Available The results of the banking sector are shaped primarily by commissions and net interest income. Net interest income is determined by the difference between the profitability of bank assets and liabilities. In the case when a different method is used to determine interest for each side of the balance sheet, there occurs a basis risk that may lead to the deterioration in the net interest income of the sector. This is the situation in the Polish banking sector, which is characterized by the presence of variable interest rates for long-term assets and fixed interest rates for short-term liabilities. The study aims to verify the following thesis: in an environment of falling interest rates we can observe the deterioration in net interest income of the banking sector, as a result of the materialization of the basis risk. The authors of the article state that the source of the basis risk is the mismatch between the reference rate used to define the interest flow of loans and the actual cost of financing the balance through term deposits collected from non-financial entities.

  14. Analysis of effects of foreign bank entry on credit interest rate behavior in Serbia

    Directory of Open Access Journals (Sweden)

    Đukić Đorđe

    2007-01-01

    Full Text Available Following foreign bank entry, credit interest rates have been extremely high in Serbia compared with a reference group of countries: Croatia, Bulgaria and Romania. This is connected with monetary authorities' poor predictions regarding the behavior of those banks in setting interest rates, creating an illusion that competition, per se, would rapidly result in decreasing interest rates; as well as undertaking monetary policy measures-such as an extreme increase in the reserve requirements rate-that contributed to unchanged or increased credit interest rates. The final outcome of poor predictions and measures undertaken by the National Bank of Serbia is limited to periodical appeals by its highest officials to citizens to consider the conditions under which they borrow from banks. However, under conditions of fully inelastic demand for bank credit and a cartel presence in the banking sector, such appeals are ineffective, merely reflecting an attempt to avoid responsibility for a possible wave of bankruptcies in the household sector. Only increasing competition among banks can lead to a significant decrease in credit interest rates in Serbia in the medium term. Empirical analysis shows that competition should be most intensive on the mortgage loan market.

  15. Risk Management Practices in Islamic Bank: A Case Study of Islami Bank Bangladesh Limited

    OpenAIRE

    Uddin, Md Akther

    2015-01-01

    Islamic banking industry has been growing rapidly for last three decades. As risk is inherent in banking business it is necessary to develop a comprehensive risk management framework and process. In this paper, a humble attempt has been made to study and analyze risk management practices of Islami Bank Bangladesh Limited (IBBL), one of the leading Islamic banks in Bangaladesh. Annual reports of IBBL and 7 other full-fledged Islamic banks, Bangladesh Bank, the central bank of Bangladesh, publi...

  16. 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.

  17. 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

  18. An Analysis of Competition over Interest Rate among Banks in China

    Institute of Scientific and Technical Information of China (English)

    顾翌乐; 陈湛匀

    2003-01-01

    In 2000, the central bank of China adopted a policy to gradually liberalize its interest rate, and thus raised the curtain of competition over interest rate among the banks in China. The objective of this study is to put a focus on the existing banking market environment and thereafter the gaming behaviors of the banks on different stages given the interest rate is loosened gradually as scheduled.

  19. 7 CFR 1610.10 - Determination of interest rate on Bank loans.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 11 2010-01-01 2010-01-01 false Determination of interest rate on Bank loans. 1610.10..., DEPARTMENT OF AGRICULTURE LOAN POLICIES § 1610.10 Determination of interest rate on Bank loans. (a) All loan fund advances made on or after December 22, 1987 under Bank loans approved on or after October 1,...

  20. What factors drive interest rate spread of commercial banks? Empirical evidence from Kenya

    Directory of Open Access Journals (Sweden)

    Maureen Were

    2014-12-01

    Full Text Available The paper empirically investigates the determinants of interest rate spread in Kenya's banking sector based on panel data analysis. The findings show that bank-specific factors play a significant role in the determination of interest rate spreads. These include bank size, credit risk as measured by non-performing loans to total loans ratio, return on average assets and operating costs, all of which positively influence interest rate spreads. On the other hand, higher bank liquidity ratio has a negative effect on the spreads. On average, big banks have higher spreads compared to small banks. The impact of macroeconomic factors such as real economic growth is insignificant. The effect of the monetary policy rate is positive but not highly significant. The results largely reflect the structure of the banking industry, in which a few big banks control a significant share of the market.

  1. EFFECTIVE ANNUAL INTEREST SIGNIFIANCE ON BANKING PRODUCTS PRICE STRUCTURE

    Directory of Open Access Journals (Sweden)

    Medar Lucian-Ion

    2011-06-01

    Full Text Available The importance of the products and services prices can be found in the reference price, that customer must compare it with the price of the last made acquisition. The price of the banking product, that includes the effective annual intrest rate (EAI, is a guide price including all the cost elements related to banking products and services. The price of the products promoted through lending activities, is affected by the exchange rate of national and foreign currency, available on the money market. The role of the banking fee is very important in the specific services and bank products price formation.

  2. Assesment of the Interest Rates in the Serbian Banking Sector

    Directory of Open Access Journals (Sweden)

    Barjaktarović Lidija

    2014-05-01

    Full Text Available Lending interest rates (IR in the Serbian market are generally viewed as high. In accordance with the official NBS (National bank of Serbia data for 2010: lending (IR was 10.4% p.a., deposit IR was 4.2% p.a., and spread was 6.3% p.a. At the same time, IR on cross-border loans was 3.7% p.a. It means that the use of cross-border loans was a better solution for companies which were in position to take them. The indicator of IR spread in Serbia got worse and came down to 106th position (it used to be ranked 90th in 2009; WEF. If we analyse the structure of IR spread, we can notice that there is room for decreasing the level of active IR in the area of country risk premium and funding spread. Pearson Correlation shows that IR has strong relation with return on assets and volume of collected deposits i.e. profit margin per product.

  3. 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...

  4. Determinants of Bank Interest Margins in the Caucasus and Central Asia

    OpenAIRE

    Raja Almarzoqi; Sami Ben Naceur

    2015-01-01

    In this paper, we use a bank-level panel dataset to investigate the determinants of bank interest margins in the Caucasus and Central Asia (CCA) over the period 1998–2013. We apply the dealership model of Ho and Saunders (1981) and its extensions to assess the extent to which high spreads of banks in the CCA can be related to bank-specific variables, to competition, and to macroeconomic factors. We find that interest spreads are affected by operating cost, credit risk, liquidity risk, bank ...

  5. Bank-specific daily interest rate adjustment in the Dutch mortgage market

    NARCIS (Netherlands)

    de Haan, Leo; Sterken, Elmer

    2011-01-01

    This paper presents an empirical analysis of the interest rate setting behavior of the four largest banks in the Dutch mortgage market, using advertised interest rates at a daily frequency. The evidence for the long run pricing behaviour suggests that the banks operate in a competitive environment a

  6. Bank-specific daily interest rate adjustment in the Dutch mortgage market

    NARCIS (Netherlands)

    de Haan, Leo; Sterken, Elmer

    This paper presents an empirical analysis of the interest rate setting behavior of the four largest banks in the Dutch mortgage market, using advertised interest rates at a daily frequency. The evidence for the long run pricing behaviour suggests that the banks operate in a competitive environment

  7. The impact of the recent financial crisis on bank loan interest rates and guarantees.

    OpenAIRE

    Calcagnini, Giorgio; Farabullini, Fabio; Giombini, Germana

    2012-01-01

    The paper analyzes the role of guarantees on loan interest rates before and during the recent financial crisis in Italian firm financing. The paper improves on existing literature by distinguishing between real and personal guarantees. Further, the paper investigates the potential different role of guarantees in the bank-borrower relationship during the recent financial crisis. This paper draws from individual Italian bank and firm data taken from the Banks’ Supervisory Reports to the Bank...

  8. Analysis of the impact of interest rate liberation on China's banking sector

    Institute of Scientific and Technical Information of China (English)

    Jingxin Huang; Deng Ma; Jianpeng Sun

    2015-01-01

    Actually China has achieved the liberation of deposit and lending rates to some extent, after the start of the reform, it is expected there may not be a great impact on the banking sector in the short term, but in the long term, the interest rate liberation will undoubtedly increase the cost of capital banks, especially after deposit rates achieve the full realization of market-oriented pricing, which will have long term impact on the banking business.

  9. The role of Bank Negara Malaysia in limiting imprudent consumption

    Directory of Open Access Journals (Sweden)

    Muhammad Adli Musa

    2015-12-01

    Full Text Available This study identifies the role that Bank Negara Malaysia plays in regulating imprudent consumption. In doing so, the author reviews the Guidelines on Responsible Financing introduced by the Bank in 2012 to regulate the consumer credit market. Since consumers are highly dependent on credit to purchase what they desire, the Bank tightened lending procedures. The author also argues that despite the claimed ethical superiority of Islamic finance, there is no apparent difference when it comes to providing loans (or rather financing to consumers. The findings of this study suggest that such procedures reduced the growth of household borrowing and consumer loans/financing. As such, the study concludes that Bank Negara Malaysia has an effective role to play in limiting the negative effects of imprudent consumption.

  10. Bank Efficiency and Interest Rate Pass-Through:Evidence from Czech Loan Products

    OpenAIRE

    Havránek, Tomáš; Havránková, Zuzana; Lešanovská, Jitka

    2015-01-01

    An important component of monetary policy transmission is the pass-through from financial market interest rates, directly influenced or targeted by central banks, to the rates that banks charge firms and households. Yet the available evidence on the strength and speed of the pass-through is mixed and varies across countries, time periods, and even individual banks. We examine the pass-through mechanism using a unique data set of Czech loan and deposit products and focus on bank-level determin...

  11. Is ASEAN Ready for Banking Integration? Evidence from Interest Rate Convergence

    Directory of Open Access Journals (Sweden)

    Fazelina Sahul Hamid

    2016-07-01

    Full Text Available Convergence in prices or returns of assets with similar characteristics indicates that the financial market is integrated with regional markets. This paper is the first that test of the movements of interest rates in ASEAN banking sector for the period 1990 - 2012. The empirical analysis is based on a yearly panel of commercial bank interest rate data from 5 ASEAN countries, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. We assessed the degree and speed of interest rate convergence using beta and sigma convergence method. The findings show that the difference and the dispersion in the interbank rates have reduced since the Asian financial crisis and this trend has become stronger after the Global financial crisis. The findings of this study confirm that interest rates in the ASEAN banking sector are converging. This provides evidence that the ASEAN banking sector is ready for financial integration.

  12. What Drives the European Central Bank's Interest-Rate Changes?

    DEFF Research Database (Denmark)

    Jensen, Henrik; Aastrup, Morten

    We show that the ECB's interest rate changes during 1999-2010 have been mainly driven by changes in economic activity in the Euro area. Changes in actual or expected future HICP inflation play a minor, if any, role.......We show that the ECB's interest rate changes during 1999-2010 have been mainly driven by changes in economic activity in the Euro area. Changes in actual or expected future HICP inflation play a minor, if any, role....

  13. Growth limits on bank assets: regional effects and the structure of the banking system.

    Directory of Open Access Journals (Sweden)

    A. NICCOLI

    2013-12-01

    Full Text Available In recent years, Italian monetary policy has become increasingly based on administrative controls. Among theses, the most important are the limits of growth and constraints of the portfolio composition. The former impose a maximum growth rate of total loans in lire on banks, while the latter obliges them to invest a given amount of the increases in deposits in securities with specific characteristics. The present article examines a side effect of growth limits, namely their effect from a geographical point of view and on the structure of the Italian banking system. In particular, the author shows that the occurrence of growth ceilings for a given bank is greater the more rapid the increase in its deposits and the smaller the geographical area in which it operates.

  14. 12 CFR 980.2 - Limitation on Bank authority to undertake new business activities.

    Science.gov (United States)

    2010-01-01

    ... business activities. 980.2 Section 980.2 Banks and Banking FEDERAL HOUSING FINANCE BOARD NEW FEDERAL HOME LOAN BANK ACTIVITIES NEW BUSINESS ACTIVITIES § 980.2 Limitation on Bank authority to undertake new business activities. No Bank shall undertake any new business activity except in accordance with...

  15. Interest Rate Policy Of Selected Central Banks In Central And Eastern Europe

    Directory of Open Access Journals (Sweden)

    GRABIA TOMASZ

    2015-03-01

    Full Text Available The aim of this article is to present and evaluate interest rate policies of three selected central banks in Central and Eastern Europe (Poland, the Czech Republic, and Hungary from 2001 to 2013. The study consists of an introduction (Section 1 and three main parts. The introduction contains a theoretical description of the role of interest rate policy, the dilemmas connected with it, as well as an analysis of the strategies and goals of monetary policies of the National Bank of Poland (NBP, the Czech National Bank (CzNB, and the National Bank of Hungary (NBH in the context of existing legal and institutional conditions. In turn, the first empirical part (Section 2 examines how the analysed central banks responded to changes in inflation, unemployment, and economic growth rates. The tools of the analysis are the nominal and real interest rates of those banks. The subsequent research part (Section 3 attempts to evaluate the degree of the contractionary nature of interest rate policies in specific countries in the context of the Taylor rule. The text ends with a summary (Section 4 encompassing concise conclusions drawn from the earlier analyses.

  16. THE USE OF A VALUE AT RISK MEASURE FOR THE ANALYSIS OF BANK INTEREST MARGINS

    Directory of Open Access Journals (Sweden)

    Agata Gemzik-Salwach

    2013-02-01

    Full Text Available The article describes the use of a Value at Risk measure to analyze the effectiveness of a bank. Among various existing possibilities of using this measure, the use of a new method has been proposed, namely, correcting various indicators of bank interest margins by using the Value at Risk measure. The newly established measures were then subjected to empirical tests, whose main objective was to test the capacity of the information resulting from the recourse to the proposed indicators. Using the data from financial statements of banks listed on the Stock Exchange in Warsaw in the years 1998-2012, two types of risk-adjusted bank interest margins were calculated, which provided a way to set the minimum levels that can be expected with the probability assumed in the calculation. The way in which these values are formed over time was then analyzed and they were finally compared with the typical values.

  17. THE VARIANCE AND TREND OF INTEREST RATE – CASE OF COMMERCIAL BANKS IN KOSOVO

    Directory of Open Access Journals (Sweden)

    Fidane Spahija

    2015-09-01

    Full Text Available Today’s debate on the interest rate is characterized by three key issues: the interest rate as a phenomenon, the interest rate as a product of factors (dependent variable, and the interest rate as a policy instrument (independent variable. In this article, the variance in interest rates, as the dependent variable, comes in two statistical sizes: the variance and trend. The interest rates include the price of loans and deposits. The analysis of interest rates on deposits and loan is conducted for non-financial corporation and family economy. This study looks into a statistical analysis, to highlight the variance and trends of interest rates for the period 2004-2013, for deposits and loans in commercial banks in Kosovo. The interest rate is observed at various levels. Is it high, medium or low? Does it explain growth trends, keep constant, or reduce? The trend is observed whether commercial banks maintain, reduce, or increase the interest rate in response to the policy that follows the Central Bank of Kosovo. The data obtained will help to determine the impact of interest rate in the service sector, investment, consumption, and unemployment.

  18. Determinants and Consequences of Non-Interest Income Diversification of Commercial Banks in OECD Countries

    Directory of Open Access Journals (Sweden)

    Joon-Ho Hahm

    2008-06-01

    Full Text Available This paper studies determinants and consequences of theThis paper studies determinants and consequences of the changing income structure of commercial banks in the era of financial conglomeration. Utilizing a dataset of 662 relatively large commercial banks in 29 OECD countries from 1992 to 2006, we find that banks with relatively large asset sizes, low net interest margins, high impaired loan ratios, and high cost-income ratios tend to exhibit higher non-interest income shares. As for macroeconomic factors, banks in countries with slow economic growth, a stable inflation environment, and well- developed stock markets tend to show higher non-interest income shares. Second, we investigate the consequences of non-interest income expansion on bank profitability and risks. While the positive effects on profit and capital adequacy seem to become weaker under the consideration of macroeconomic factors and endogeneity problems, the adverse impact on profit variability remains robust. Overall, these findings suggest that expanding toward non-interest income may not produce desired income diversification effects, and it does not necessarily imply a shift toward superior return-risk frontiers.

  19. Effects of the Interest Rate and Reserve Requirement Ratio on Bank Risk in China: A Panel Smooth Transition Regression Approach

    OpenAIRE

    Zhongyuan Geng; Xue Zhai

    2015-01-01

    This paper applies the Panel Smooth Transition Regression (PSTR) model to simulate the effects of the interest rate and reserve requirement ratio on bank risk in China. The results reveal the nonlinearity embedded in the interest rate, reserve requirement ratio, and bank risk nexus. Both the interest rate and reserve requirement ratio exert a positive impact on bank risk for the low regime and a negative impact for the high regime. The interest rate performs a significant effect while the res...

  20. Effects of the Interest Rate and Reserve Requirement Ratio on Bank Risk in China: A Panel Smooth Transition Regression Approach

    OpenAIRE

    Zhongyuan Geng; Xue Zhai

    2015-01-01

    This paper applies the Panel Smooth Transition Regression (PSTR) model to simulate the effects of the interest rate and reserve requirement ratio on bank risk in China. The results reveal the nonlinearity embedded in the interest rate, reserve requirement ratio, and bank risk nexus. Both the interest rate and reserve requirement ratio exert a positive impact on bank risk for the low regime and a negative impact for the high regime. The interest rate performs a significant effect while the res...

  1. GENERATION Y’S INTEREST IN INTERNET BANKING SERVICES – THE RESULTS OF EMPIRICAL STUDIES

    Directory of Open Access Journals (Sweden)

    Justyna Rutecka

    2017-06-01

    Full Text Available Currently, banks offer a wide range of products and services that are available on the Internet. They are addressed especially to younger clients, called generation Y. They are active participants on the Internet and expect to have quick and convenient access to banking products and accumulated funds. The article presents the results of an empirical study. The main objective of this study was to examine the interest of Poles from generation Y in Internet banking services. It was also important to indicate the types of banking services which young clients are mostly interested in and the reasons why they use this distribution and communication channel. The analysis showed that 97% of the representatives of the generation Y are active users of online banking. They appreciate direct access to their money from any place and at any time. 93% of this generation’s representatives use payment cards and are able to make on-line payments. The survey has also shown that this group of customers rarely visits bank offices personally. They prefer to access their financial resources through on-line channels.

  2. 集合信托对银行存款的影响分析--基于突破存款利率上限管制的视角%The Effect of Assembled Trust on Bank Deposit-Based on the Perspective of Exceeding the Interest Rate Limit

    Institute of Scientific and Technical Information of China (English)

    焦正上; 陈庄也; 岳华

    2014-01-01

    In recent years, China’s trust industry has the common rigid payment problem and a relatively high yield compared with that of bank deposit, which has catalyzed the financial disintermediation, promoted the process of financial institutions’ breaking the upper limit of deposit interest rate and interest rates liberalization, and brought more complicated factors to the supervision on the financial market. In order to make a quantitative research on the im-pact that currently popular assembled trusts impose on bank deposit, the paper collects the relative quarterly data from 2009 to 2013 and makes an empirical analysis based on a variety of econometric methods. As the results suggest, there is a long-term co-integration relationship between time deposit and excess return rate of assembled trusts which is fitly the Granger reason for the financial disintermediation. Based on the main problems in the current financial market re-flected in the phenomenon above,the paper puts forward corresponding suggestions.%近年来,我国信托业普遍存在的“刚性兑付”问题与其高于银行存款的收益率对金融脱媒产生了催化作用,也推动了金融机构资金成本突破存款利率上限管制和利率市场化进程,给金融市场监管带来了更多复杂因素。为了定量研究当前市场上热门的集合信托对银行存款的影响,本文选取2009-2013年各季度相关数据,利用多种计量方法进行实证分析。结果表明,集合信托相对定期存款的超额收益率与定期存款之间存在着长期协整关系,而且构成存款脱媒的格兰杰原因。针对这一现象所反映的当前金融市场的主要问题,本文提出了若干对策建议。

  3. A study on relationship between no-interest based activities on performance of Iranian banks

    Directory of Open Access Journals (Sweden)

    Alireza Daghighi Asl

    2012-10-01

    Full Text Available In this paper, we study the effects of no-interest activities on return of some Iranian banks over the period of 2006-2011 using Pearson correlation as well as regression analysis. The paper uses two independent variables where the first one is obtained as a difference between other no-interest incomes with commission fee and the second one is the commission fee income. There are three dependent variables including return on investment, return of assets and risk, leading us to setup three regressions analysis. The result of our survey indicates that no-interest based activities have meaningful effects on the performances of banks. In addition, there are some meaningful relationships among interest free activities, which are mostly in terms of negative relations.

  4. Impact of bank competition on the interest rate pass-through in the euro area

    NARCIS (Netherlands)

    van Leuvensteijn, M.; Kok Sørensen, C.; Bikker, J.A.; van Rixtel, A.A.R.J.M.

    2008-01-01

    This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and deposits during the 1994-2004 period, using a novel measure of competition called the Boone indicator. We find evidence that stronger competition implies significantly lower spread

  5. Effect Of Perception Use Of Information Technology Safety And Perception Of Interest Trust Online Trading System Using Internet Banking Study Empris In Bri Bank Branch Office Tangerang 2014

    Directory of Open Access Journals (Sweden)

    Endraria

    2015-06-01

    Full Text Available Abstract The purpose of this study was to examine and analyze the influence of the perception of the use of information technology to transact online interests perceptions of comfort against the interest of transacting online trust in transacting online interest the perception of the use of information technology the perception of comfort and confidence simultaneously affect the interest of transacting online using internet system banking Empris Studies at Bank BRI Branch Office Tangerang 2014. With usability Theoretical where research results can be used to enrich the study of accounting keprilakuan in particular and science in general accounting uses for which the Bank can enrich the concept or theory in its contribution to the development of science so useful as a reference for those who need both from within Bank and outside the institution itself and able to provide input to what extent the perception of the use of information technology the perception of comfort and confidence can give a positive contribution to the interests transact online using internet banking system Study Empris at Bank BRI Branch Office Tangerang 2014 and usability for the Government where the results of this study are expected to be used as a correction and input the extent to which the perception of the use of information technology the perception of comfort and confidence can give a positive contribution to the interests transact online using internet banking system Study Empris at Bank BRI Branch Office Tangerang 2014 especially in the City Tangerang. The hypothesis proposed in this study in which there is significant influence use of information technology to transact interest perceptions of comfort on the interest on the interest of trust online transacting online transactions simultaneous perception of the use of information technology the perception of comfort and confidence in the interests transact online using Internet Banking System Study Empris Bank BRI

  6. Effects of the Interest Rate and Reserve Requirement Ratio on Bank Risk in China: A Panel Smooth Transition Regression Approach

    Directory of Open Access Journals (Sweden)

    Zhongyuan Geng

    2015-01-01

    Full Text Available This paper applies the Panel Smooth Transition Regression (PSTR model to simulate the effects of the interest rate and reserve requirement ratio on bank risk in China. The results reveal the nonlinearity embedded in the interest rate, reserve requirement ratio, and bank risk nexus. Both the interest rate and reserve requirement ratio exert a positive impact on bank risk for the low regime and a negative impact for the high regime. The interest rate performs a significant effect while the reserve requirement ratio shows an insignificant effect on bank risk on a statistical basis for both the high and low regimes.

  7. 76 FR 52327 - Notice to All Interested Parties of the Termination of the Receivership of 10004, Hume Bank; Hume...

    Science.gov (United States)

    2011-08-22

    ... CORPORATION Notice to All Interested Parties of the Termination of the Receivership of 10004, Hume Bank; Hume... Hume Bank, (``the Receiver'') intends to terminate its receivership for said institution. The FDIC was appointed receiver of Hume Bank on March 7, 2008. The liquidation of the receivership assets has...

  8. 77 FR 40612 - Notice to All Interested Parties of the Termination of the Receivership of 10375, Signature Bank...

    Science.gov (United States)

    2012-07-10

    ... CORPORATION Notice to All Interested Parties of the Termination of the Receivership of 10375, Signature Bank... for Signature Bank, (``the Receiver'') intends to terminate its receivership for said institution. The FDIC was appointed receiver of Signature Bank on July 8, 2011. The liquidation of the...

  9. Can Interest-Free Finance Limit the Frequency of Crises and the Volatility of the Business Cycle?

    Science.gov (United States)

    2011-05-14

    effectively pays interest. Thus, the sale of debt is prohibited. Insurance , or takaful , poses another problem. In the middle ages, when the church in...Last year, the Congress of the United States passed a bill limiting leverage on banks that pose a systemic risk to the economy. Previously, banks were...the legal theory recommends profit-and-loss-sharing (PLS) schemes, where a manager and investor each take a proportional share of profits based

  10. Deposit interest rate ceilings as credit supply shifters: bank level evidence on the effects of Regulation Q

    OpenAIRE

    Koch, Christoffer

    2014-01-01

    Shocks emanating from and propagating through the banking system have recently gained interest in the macroeconomics literature, yet they are not a feature unique to the 2008/09 financial crisis. Banking disintermediation shocks occured frequently during the Great Inflation era due to fixed deposit rate ceilings. I estimate the effect of deposit rate ceilings inscribed in Regulation Q on the transmission of federal funds rate changes to bank level credit growth using a historic bank level dat...

  11. The legality of unilateral increase of interest rate in banking loan contracts under Serbian law

    Directory of Open Access Journals (Sweden)

    Dudaš Atila I.

    2016-01-01

    Full Text Available The economic crisis spread in 2008 through the world and reached Serbia, rendered the repayment of banking loans indexed in foreign currencies, mostly in CHF at the time, even more difficult. The growing number of non-performing loans inevitably led to an increase in number of the court proceedings in which the debtors made attempts to have the loan contracts declared null and void. In these proceedings, the courts needed to take a stand on some typical clauses in loan contracts and on some banking practices that the debtors considered to be contrary to the principle of good faith, which, before the crisis, was hardly ever given judicial epilogue. In the majority of cases, two types of clauses proved to be unlawful: a clause establishing a right of the bank to subsequently, i.e. after the formation of the contract, and unilaterally, i.e. without a specific consent of the debtor, change (regularly increase the interest rate for the remainder of the credit period; and a clause establishing the right of the bank to apply different exchange rates, i.e. the buying rate to the disbursement of the loan, and the selling rate to the value of credit installments. These clauses certainly existed even before the crisis, but the difficulties in performing the loans caused by the crisis was the social propelling force that brought these cases within the sight of the judiciary. In this paper the author analyzes the reaction of courts, and subsequently that of the legislator, to the clause in loan contracts entitling the bank to unilaterally increase the variable interest rate after the formation of contract. The application of this clause was usually conditioned on significant changes in international financial markets or changes in the costs of the sources of financing, while in some cases the conditions of the application of the clause were simply changes in the business policy of the bank or the need to operate with profit. In any case, these are

  12. The role of the Reserve Bank's macro-model in the formation of interest rate projections (1). (Articles)

    National Research Council Canada - National Science Library

    Hampton, Tim

    2002-01-01

    .... In this sense, model projections are referred to as endogenous interest rate projections. This article explains the rationale for endogenous interest rate projections and why the Reserve Bank has adopted this approach. 1 Introduction The Bank's submission to the Monetary Policy Review outlined a number of the reasons why we prepare and p...

  13. An Analysis of Competition over Interest Rate among Banks in China%中国商业银行利率竞争分析

    Institute of Scientific and Technical Information of China (English)

    顾翌乐; 陈湛匀

    2003-01-01

    In 2000, the central bank of China adopted a policy to gradually liberalize its interest rate, and thus raised the curtain ofcompetition over interest rate among the banks in China. The objective of this study is to put a focus on the existing banking marketenvironment and thereafter the gaming behaviors of the banks on different stages given the interest rate is loosened gradually asscheduled.

  14. Adopting Zero Interest Financing Model (ZIFM in Islamic Microfinance Institutions: The Case of Shariah People Credit Bank (BPRS, Indonesia

    Directory of Open Access Journals (Sweden)

    Mohd Thas Thaker Mohamed Asmy Bin

    2016-01-01

    Full Text Available Microfinance has emerged as an important instrument to alleviate poverty in many countries including in developing countries. Despite being able to demonstrate successes in the activity, conventional microfinance is not without controversy. The findings from the existing studies revealed that conventional microfinance is less effective, fail to reach the poorest people and generally have a limited effect on income. In addition, conventional microfinance also has highly criticized for charging excessive interest rates and fees to the poor entrepreneur. In some Muslim countries, conventional microfinance has always been rejected, due to its non-compliance with the Islamic principles, particularly on the issue related to interest or riba. Islamic microfinance evolved and reckoned as an alternative to its counterpart. However, the outreach of Islamic microfinance is very limited where only there is very few Islamic microfinance institutions and Islamic banks involved in microfinance activity. Also, Islamic microfinance is having an issue of convergence of activity with the conventional practices. Thus, this paper aims to propose to adopt Zero Interest Financing Model (ZIFM for Islamic microfinance institutions. This study focuses on the case of Indonesian Islamic microfinance institution namely Shariah People Credit Bank (BPRS by observing their experience and some emerging issues. The proposed model is expected to address an emerging issue in Islamic microfinance institutions.

  15. 12 CFR 228.25 - Community development test for wholesale or limited purpose banks.

    Science.gov (United States)

    2010-01-01

    ... performance of a wholesale or limited purpose bank pursuant to the following criteria: (1) The number and... development loan data provided by the bank, such as data on loans outstanding, commitments, and letters of... development loans, and community development services that benefit areas within the bank's assessment...

  16. 12 CFR 345.25 - Community development test for wholesale or limited purpose banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Community development test for wholesale or... REGULATIONS AND STATEMENTS OF GENERAL POLICY COMMUNITY REINVESTMENT Standards for Assessing Performance § 345.25 Community development test for wholesale or limited purpose banks. (a) Scope of test. The...

  17. Planning Change in an Organization; MCB Bank Limited, Pakistan

    OpenAIRE

    Haleem Fazal

    2015-01-01

    This paper is primarily based on a case study of a leading bank in Pakistan, that is, MCB Bank Ltd. Four established change models have been applied to the bank to find out how a change comes in/ is brought in, managed, and how it affects organizational environment and its stakeholders, particularly customers and employees. The four established change models applied are the change management approach by Ansoff and McDonnell; the change management model by Kurt Lewin; the 7S framework by Thoma...

  18. Planning Change in an Organization; MCB Bank Limited, Pakistan

    OpenAIRE

    Haleem Fazal

    2015-01-01

    This paper is primarily based on a case study of a leading bank in Pakistan, that is, MCB Bank Ltd. Four established change models have been applied to the bank to find out how a change comes in/ is brought in, managed, and how it affects organizational environment and its stakeholders, particularly customers and employees. The four established change models applied are the change management approach by Ansoff and McDonnell; the change management model by Kurt Lewin; the 7S framework by Thoma...

  19. Lodhi 5 Properties Investments CC v FirstRand Bank Limited [2015] 3 All SA 32 (SCA and the Enforcement of Islamic Banking Law in South Africa

    Directory of Open Access Journals (Sweden)

    Maphuti David Tuba

    2017-03-01

    Full Text Available On 22 May 2015, the Supreme Court of Appeal (SCA handed down a judgment in the matter of Lodhi 5 Properties Investments CC v FirstRand Bank Limited [2015] 3 All SA 32 (SCA. This judgement considered whether the prohibition against the charging of interest on a loan in terms of Islamic law (Sharia law may be a defence for a claim for mora interest in terms of a loan agreement. This note critically discusses the judgment in the light of the approach adopted by the SCA with regard to addressing a dispute arising from a contract that has Islamic law as a governing law. As this is the first case to come before the SCA in South Africa, this note critically analyses how the court discussed the principles of Islamic law as applicable to the dispute between the parties. In particular, it questions the court's assertion that a claim for mora interest has nothing to do with and is not affected by the Sharia law's prohibition against payment of interest on a loan debt. It also looks at the SCA's approach (as a common law court with regard to the enforcement of the principles of Islamic banking law. The judgment raises important issues regarding the enforceability of Islamic finance law and therefore merits discussion in the context of the continuing growth and expansion of Islamic banking and finance law in South Africa.

  20. Planning Change in an Organization; MCB Bank Limited, Pakistan

    Directory of Open Access Journals (Sweden)

    Haleem Fazal

    2015-05-01

    Full Text Available This paper is primarily based on a case study of a leading bank in Pakistan, that is, MCB Bank Ltd. Four established change models have been applied to the bank to find out how a change comes in/ is brought in, managed, and how it affects organizational environment and its stakeholders, particularly customers and employees. The four established change models applied are the change management approach by Ansoff and McDonnell; the change management model by Kurt Lewin; the 7S framework by Thoman J. Peters and Robert H. Waterman; and the change management model developed by Stephanie Elam. The study covers a change management aspect such as strategic intervention technique; a need for change management; resource implication; planning change; strategies in change management; system effectiveness; managing resistance to change; leadership issues; cultural issues; people issues; external environment issues; workable approach to overcome change resistance; appropriate model and implementing the model.

  1. Biomarkers and acute brain injuries: interest and limits.

    Science.gov (United States)

    Mrozek, Ségolène; Dumurgier, Julien; Citerio, Giuseppe; Mebazaa, Alexandre; Geeraerts, Thomas

    2014-04-24

    For patients presenting with acute brain injury (such as traumatic brain injury, subarachnoid haemorrhage and stroke), the diagnosis and identification of intracerebral lesions and evaluation of the severity, prognosis and treatment efficacy can be challenging. The complexity and heterogeneity of lesions after brain injury are most probably responsible for this difficulty. Patients with apparently comparable brain lesions on imaging may have different neurological outcomes or responses to therapy. In recent years, plasmatic and cerebrospinal fluid biomarkers have emerged as possible tools to distinguish between the different pathophysiological processes. This review aims to summarise the plasmatic and cerebrospinal fluid biomarkers evaluated in subarachnoid haemorrhage, traumatic brain injury and stroke, and to clarify their related interests and limits for diagnosis and prognosis. For subarachnoid haemorrhage, particular interest has been focused on the biomarkers used to predict vasospasm and cerebral ischaemia. The efficacy of biomarkers in predicting the severity and outcome of traumatic brain injury has been stressed. The very early diagnostic performance of biomarkers and their ability to discriminate ischaemic from haemorrhagic stroke were studied.

  2. 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.

  3. Political independence of the South African Reserve Bank: Managing interest rates

    Directory of Open Access Journals (Sweden)

    Ewert P.J. Kleynhans

    2013-02-01

    Full Text Available Purpose: The purpose of this article is to determine whether the South African Reserve Bank (SARB is politically independent and able to operate without undue external influence.Problem investigated: The SARB is under increasing pressure to shift its monetary policy stance in order to boost the country’s competitiveness. Whether external demands have compromised its independence at times has been the subject of debate.Methodology: The study comprised a literature review and econometric analysis of the Bank’s independence. Movements in interest rates were used as an indicator of dependence. The analysis was between actual interest rates in South Africa over the past two decades, and a model of what interest rates should have been during this period, with reference to Taylor’s Rule. Differences between the two were assumed to expose shortcomings in the direction of South Africa’s monetary policy and therefore some degree of dependence.Findings and implications: Movement of the two sets of rates correlated, which suggests SARB independence. The findings did not reveal harmony between the levels of the two sets of rates. However, the latter correlation was not the focus of this study.Originality and value of the research: This study makes an important contribution, as few authors researched the relationship between interest rates and the SARB’s independence scientifically. The study is well timed as the SARB’s independence debate has reached concerning levels.Conclusion: The results suggest almost no level of dependence – which does not necessarily imply that the SARB is entitled to reject all external input, but rather that it can prioritise its objective of price stability over other concerns.

  4. Measuring everyday functional competence using the Rasch assessment of everyday activity limitations (REAL) item bank

    NARCIS (Netherlands)

    Oude Voshaar, Martijn A.H.; Ten Klooster, Peter M.; Vonkeman, Harald E.; van de Laar, Mart A.F.J.

    2017-01-01

    Objective: Traditional patient-reported physical function instruments often poorly differentiate patients with mild-to-moderate disability. We describe the development and psychometric evaluation of a generic item bank for measuring everyday activity limitations in outpatient populations. Study

  5. Potential and Limitation of HLA-Based Banking of Human Pluripotent Stem Cells for Cell Therapy

    Directory of Open Access Journals (Sweden)

    Casimir de Rham

    2014-01-01

    Full Text Available Great hopes have been placed on human pluripotent stem (hPS cells for therapy. Tissues or organs derived from hPS cells could be the best solution to cure many different human diseases, especially those who do not respond to standard medication or drugs, such as neurodegenerative diseases, heart failure, or diabetes. The origin of hPS is critical and the idea of creating a bank of well-characterized hPS cells has emerged, like the one that already exists for cord blood. However, the main obstacle in transplantation is the rejection of tissues or organ by the receiver, due to the three main immunological barriers: the human leukocyte antigen (HLA, the ABO blood group, and minor antigens. The problem could be circumvented by using autologous stem cells, like induced pluripotent stem (iPS cells, derived directly from the patient. But iPS cells have limitations, especially regarding the disease of the recipient and possible difficulties to handle or prepare autologous iPS cells. Finally, reaching standards of good clinical or manufacturing practices could be challenging. That is why well-characterized and universal hPS cells could be a better solution. In this review, we will discuss the interest and the feasibility to establish hPS cells bank, as well as some economics and ethical issues.

  6. NGOs' Active Roles in the Process of Using Mudaraba as Financing Model in Interest-free Banking

    Directory of Open Access Journals (Sweden)

    M. Salih KUMAŞ

    2016-04-01

    Full Text Available Today, it is commonly accepted fact that conventional banking fails in the fair distribution of economic wealth and in the provision of sustainable economic development. It seems almost impossible for Islamic Banking to be a strong alternative to interest-based banking with its current practice.  That is the reason why the alternative financing methods of Islamic Finance should be improved. In this context, the major obstacle for Islamic Banking to be an alternative to conventional counterpart is that it confines itself to murâbaha financing. Although the Mudaraba financing model suits better to the spirit of Islamic Banking and its historic advancement, it is observed that it is nearly not practiced or cannot be practiced. The reason behind this and major problem of Mudaraba model is having lack of enough entrepreneurs and not being able to raise them. In this sense, we believe that NGOs like MUSIAD and ASKON can contribute for the enhancement of the Islamic Banking as we have witnessed that many NGOs had considerable contributions by taking important roles in the past. This process which sort of means the integration of NGOs and Islamic Banking can be carried out in three stages.

  7. Interest Rate Liberalization, Bank Performance and Bank Risk%利率市场化、银行绩效与银行风险

    Institute of Scientific and Technical Information of China (English)

    金延; 吴卫红

    2016-01-01

    随着利率市场化改革的推进,商业银行增长方式和风险管理方式正在发生深刻变革。本研究通过选取2004年1季度至2015年1季度银行资产余额和不良贷款余额两项数据,引入时间变量和虚拟变量,建立实证分析模型,测度了利率市场化对银行绩效、银行风险的影响。最后,从商业银行和监管当局两个角度提出了应对利率市场化的相关建议。%Economic new normal will lead to the birth of a new financial norm. With the reform of interest rate market, the growth mode and risk management of commercial banks are undergoing profound changes. This study by selecting one quarter of 2004 to 2015 1 quarter of the bank's assets to the balance and non-performing loan balance of the two data, time variable and a dummy variable is introduced and an empirical analysis model has been built to measure the interest rate market of influence on bank performance and risk of the bank. Finally, some suggestions to deal with the interest rate market is put forward from two aspects of commercial banks and regulatory authorities.

  8. Central bank forecasts of liquidity factors and the control of short term interest rates

    Directory of Open Access Journals (Sweden)

    Ulrich Bindseil

    2002-03-01

    Full Text Available A simple model of the interaction between central bank liquidity management and the inter-bank overnight rate is suggested, which allows analysing the publication offorecasts of liquidity factors by the European Central Bank adopted in June 2000. The paper argues that the main practical advantage of the publication of theseforecasts is that it makes the signal extraction problem with regard to the centralbank's intentions trivial and hence allows establishing a superior behavioural equilibrium between the central bank and the money market participants. In this equilibrium, the central bank can achieve a better steering of overnight rates than under private autonomous factor forecasts, depending of course also on the quality of liquidity forecasts. It is furthermore shown that the publication of an average of autonomous factors, such as adopted by the ECB, is, at least within the model presented, superior to the separate publication of autonomous factors for each single day.

  9. The different impact of conventional interest rates on Islamic stock market, Islamic banking and Islamic insurance: evidence from Malaysia

    OpenAIRE

    Othman, Arshad Nuval; Masih, Mansur

    2014-01-01

    This paper seeks to close the gap of the lack of empirical evidence surrounding the different impact of conventional interest rates on Islamic finance components – Islamic stock markets, Islamic banking and Islamic insurance (called takaful). Such evidence remains imperative in order for the Islamic finance system to formulate effective countermeasures against changes in conventional interest rates. Using Malaysia as a case in point, this paper employs time-series techniques to establish long...

  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. 12 CFR 1500.7 - How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking investments? 1500.7 Section 1500.7 Banks and Banking DEPARTMENT OF THE TREASURY GENERAL PROVISIONS MERCHANT BANKING INVESTMENTS § 1500.7 How do the...

  12. 12 CFR 225.176 - How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false How do the statutory cross marketing and sections 23A and B limitations apply to merchant banking investments? 225.176 Section 225.176 Banks and Banking FEDERAL RESERVE SYSTEM (CONTINUED) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BANK HOLDING...

  13. Optimal Interest Rates in Cooperative Banks with Non-member Customers

    OpenAIRE

    Catturani, Ivana; Venkatachalam, Ragupathy

    2014-01-01

    Previous attempts to understand the functioning of cooperative banks have often considered them as being similar to credit unions. However, we argue that credit unions are only a subset of cooperative financial institutions and the models used to describe their behavior cannot be generalized to all cooperative banks. Additionally, there is an important factor that characterizes cooperative banks’ behavior and outcomes, which does not apply to credit unions: the role of nonmembers and their co...

  14. Changing the interest in banking products among students on the example of Poznań University of Life Sciences

    Directory of Open Access Journals (Sweden)

    Olga Stefko

    2011-01-01

    Full Text Available There is a huge competition in the banking market. In that situation most important is good relation and satisfaction among possessing clients than still finding new ones. This activity is possible in segment of banking products for students. The paper presents aspects connected with research on the interest in bank products among students of Poznań University of Life Sciences. It describes not only expectations towards potential providers of services on retail financial services market but also main drawbacks and deficiency of offers from the customer’s point of view. Finally, the paper considers possi-bilities how to satisfy demands in the future and create more appropriate financial measures for the discussed sector. The paper is also a continuation of the research carried out in 2007 and devoted to the same issue.

  15. [Therapeutic education in primary cardiovascular prevention. Interests and limits].

    Science.gov (United States)

    Baudet, M; Daugareil, C

    2014-09-01

    Lifestyle improvement is useful in the prevention of cardiovascular disease, but its practical implementation in the general population is limited. Patient therapeutic education can help go beyond these limits. In primary prevention, we propose a personalized program including one or several individual and collective sessions to help the participants towards a healthier lifestyle. This includes better education about six risk factors (tobacco, sedentary lifestyle, overweight, high blood pressure, high cholesterol, diabetes) as well as advice on better eating habits. The first recommendation is to limit processed meats, the other recommendations advise more fish, green vegetables, whole grains and beans, and fruits. Scores are attributed to six risk factors and five eating habits. These scores are given at the time of the first session and again a year later, thus permitting time comparisons. For the first 291 participants in the program, we observed at one year a significant improvement in physical activities of endurance and in the consumption of the recommended food groups (fish, green vegetables, fruits, whole grains and beans). The patient's lifestyle has improved as a whole, certain parameters more than others. Assessed patient therapeutic education should be offered to a larger number of people. Copyright © 2014 Elsevier Masson SAS. All rights reserved.

  16. 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.

  17. 77 FR 4030 - Nationwide Limited Public Interest Waiver Under the American Recovery and Reinvestment Act of...

    Science.gov (United States)

    2012-01-26

    ... of Energy Efficiency and Renewable Energy Nationwide Limited Public Interest Waiver Under the... Renewable Energy, U.S. Department of Energy (DOE). ACTION: Notice of limited public interest waiver. SUMMARY... application of section 1605 would be inconsistent with the public interest. On April 25, 2011, the...

  18. 12 CFR 811.7 - Servicing book-entry Federal Financing Bank securities; payment of interest; payment at maturity...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Servicing book-entry Federal Financing Bank... FEDERAL FINANCING BANK BOOK-ENTRY PROCEDURE FOR FEDERAL FINANCING BANK SECURITIES § 811.7 Servicing book... becoming due on book-entry Federal Financing Bank securities shall be charged against the special...

  19. Islamic banking: 40 years later, still interest-based? Evidence from Malaysia

    OpenAIRE

    2015-01-01

    As Islamic banking comes of age 40 years after its beginning, scholars and academics are calling for a better version 2. Regulators in Malaysia and Pakistan are pushing the industry to adopt more Islamic contracts which live up to the spirits of Shariah. Malaysia, specifically, has launched the Islamic Financial Services Act 2013 (IFSA) as a step in this direction. To facilitate the transition, this study has two objectives; to test whether conventional rates is still cointegrated with Islami...

  20. Habib Bank Beijing Office: Keen to Serve Chinese Customers--An Exclusive Interview with Mr. Mohammad Aslam Executive Vice President & Chief Representative Beijing Office of Habib Bank Limited from Pakistan

    Institute of Scientific and Technical Information of China (English)

    Sun Yongjian; Bai Yifeng

    2006-01-01

    @@ Some Banking Regulations Could Be Reviewed "Habib Bank has not yet got official approval from China Banking Regulatory Commission to open a branch in China but I hope that the Chinese Authorities could pay attention to some objective difficulties that we have encountered." said Mohammad Aslam, Chief Representative of Habib Bank Limited Beijing Office when interviewed by China's Foreign Trade.

  1. Limits to sustained energy intake. XXIII. Does heat dissipation capacity limit the energy budget of lactating bank voles?

    Science.gov (United States)

    Sadowska, Edyta T; Król, Elżbieta; Chrzascik, Katarzyna M; Rudolf, Agata M; Speakman, John R; Koteja, Paweł

    2016-03-01

    Understanding factors limiting sustained metabolic rate (SusMR) is a central issue in ecological physiology. According to the heat dissipation limit (HDL) theory, the SusMR at peak lactation is constrained by the maternal capacity to dissipate body heat. To test that theory, we shaved lactating bank voles (Myodes glareolus) to experimentally elevate their capacity for heat dissipation. The voles were sampled from lines selected for high aerobic exercise metabolism (A; characterized also by increased basal metabolic rate) and unselected control lines (C). Fur removal significantly increased the peak-lactation food intake (mass-adjusted least square means ± s.e.; shaved: 16.3 ± 0.3 g day(-1), unshaved: 14.4 ± 0.2 g day(-1); Plines. Thus, the experimental evolution model did not reveal a difference in the limiting mechanism between animals with inherently different metabolic rates.

  2. 利率市场化时代下商业银行发展对策研究%Study on Commercial Bank Development Strategy under the Interest Rate Market Era

    Institute of Scientific and Technical Information of China (English)

    刘毓斌

    2014-01-01

    利率是国家宏观调控的重要手段。2013年7月20日,中央银行取消了商业银行贷款下限的限制,使贷款利率完全由市场竞争来决定。利率市场化对商业银行的经营风险和经营环境产生了重大的影响,对商业银行未来的发展既是机遇也是挑战。在利率市场化时代下,商业银行必须采取必要的措施来把握机遇和迎接挑战。文中主要围绕利率市场化对商业银行的影响,对其未来可持续发展有针对性地提出对策。%The interest rate is an important means of national macro-control.July 20,2013,the Central Bank canceled the commercial bank loan limit restrictions,so that the loan interest rate is determined entirely by market competition.Market interest rates of commercial banks operating risk and business environment has had a major impact on the future development of the commercial banks is both an opportunity and a challenge.In the era of market interest rates,commercial banks must take the necessary measures to seize opportunities and meet challenges.This paper mainly focus on the impact of interest rate marketization of commercial banks,targeted to propose a solution for its future sustainable development.

  3. 12 CFR 1261.11 - Conflict-of-interests policy for Bank directors.

    Science.gov (United States)

    2010-01-01

    ..., property, or relationship that involves receiving or providing something of monetary value, and includes... whom a director has a business relationship, including, but not limited to: (i) Any corporation or... similar fiduciary capacity. ...

  4. Haplotype-based banking of human pluripotent stem cells for transplantation: potential and limitations.

    Science.gov (United States)

    Zimmermann, Anna; Preynat-Seauve, Olivier; Tiercy, Jean-Marie; Krause, Karl-Heinz; Villard, Jean

    2012-09-01

    High expectations surround the area of stem cells therapeutics. However, the cells' source-adult or embryonic-and the cells' origin-patient-derived autologous or healthy donor genetically unrelated-remain subjects of debate. Autologous origins have the advantage of a theoretical absence of immune rejection by the recipient. However, this approach has several limitations with regard to the disease of the recipient and to potential problems with the generation, expansion, and manipulation of autologous induced pluripotent stem cells (iPS cells) preparation. An alternative to using autologous cells is the establishment of a bank of well-characterized adult cells that would be used to generate iPS cells and their derivatives. In the context of transplantation, such cells would come from genetically unrelated donors and the immune system of the recipient would reject the graft without immunosuppressive therapy. To minimize the risk of rejection, human leukocyte antigen (HLA) compatibility is certainly the best option, and the establishment of an HLA-organized bank would mean having a limited number of stem cells that would be sufficient for a large number of recipients. The concept of haplobanking with HLA homozygous cell lines would also limit the number of HLA mismatches, but such an approach will not necessarily be less immunogenic in terms of selection criteria, because of the limited number of HLA-compatible loci and the level of HLA typing resolution.

  5. Marketing Situation of Industrial and Commercial Bank of China Limited (ICBC) Anhui Anqing Branch

    OpenAIRE

    2011-01-01

    Industrial and Commercial Bank of China Ltd. (ICBC) is the largest bank of the four state-owned commercial banks in China. The bank has many provincial branches and one of them is the Commercial Bank of China Ltd (ICBC) Anhui Anqing Branch situated in the City of Anqing. The objective of this thesis was to study the market situation of ICBC Anhui Anqing Branch in Anqing city and to find out the main problems in the operation of the bank. Both a quantitative questionnaire survey and qualit...

  6. The limits of disclosure: what research subjects want to know about investigator financial interests.

    Science.gov (United States)

    Grady, Christine; Horstmann, Elizabeth; Sussman, Jeffrey S; Hull, Sara Chandros

    2006-01-01

    Research participants' views about investigator financial interests were explored. Reactions ranged from concern to acceptance, indifference, and even encouragement. Although most wanted such information, some said it did not matter, was private, or was burdensome, and other factors were more important to research decisions. Very few said it would affect their research decisions, and many assumed that institutions managed potential conflicts of interest. Although disclosure of investigator financial interest information to research participants is often recommended, its usefulness is limited, especially when participation is desired because of illness.

  7. Financial fragility, sovereign default risk and the limits to commercial bank bail-outs

    NARCIS (Netherlands)

    van der Kwaak, C.G.F.; van Wijnbergen, S.J.G.

    2014-01-01

    We show that with intertwined weak banks and weak sovereigns, bank recapitalizations become much less effective. We construct a DSGE model with leverage constrained banks lending to firms and holding domestic government bonds. Bond prices reflect endogenously generated sovereign risk. This introduce

  8. 31 CFR 547.308 - Property; property interest.

    Science.gov (United States)

    2010-07-01

    ..., royalties, book accounts, accounts payable, judgments, patents, trademarks or copyrights, insurance policies... interest include, but are not limited to, money, checks, drafts, bullion, bank deposits, savings...

  9. Is sperm banking of interest to patients with nongerm cell urological cancer before potentially fertility damaging treatments?

    Science.gov (United States)

    Salonia, Andrea; Gallina, Andrea; Matloob, Rayan; Rocchini, Lorenzo; Saccà, Antonino; Abdollah, Firas; Colombo, Renzo; Suardi, Nazareno; Briganti, Alberto; Guazzoni, Giorgio; Rigatti, Patrizio; Montorsi, Francesco

    2009-09-01

    We assessed the opinions of patients with nongerm cell urological cancer on sperm banking before undergoing surgical or nonsurgical therapy that could potentially endanger subsequent fertility. Between April 2007 and July 2008, 753 patients visited a urological office and were invited to complete a brief self-administered questionnaire to assess opinions on sperm banking before undergoing any eventual therapy potentially dangerous for male fertility. Logistic regression models tested the association between predictors (age, educational level, relationship status, previous fatherhood and benign disorder vs nongerm cell urological cancer) and patient wishes for sperm banking. Median patient age was 65 years (mean 61.6, range 18 to 76). Overall 522 patients (69.3%) had nongerm cell urological cancer and only 242 (32.1%) were in favor of pretreatment sperm banking. On univariate analysis age (OR 0.961, p banking, whereas having cancer and educational status were not significantly correlated. Multivariate analysis indicated that aging (OR 0.966, p = 0.001) and previous fatherhood (OR 0.587, p = 0.029) maintained inverse associations. Having urological cancer was positively (OR 1.494, p = 0.045) associated with the wish for sperm banking. In urological patients there is a low rate of willingness to bank sperm before any potential fertility damaging therapeutic approach. Having nongerm cell urological cancer is an independent predictor that is positively associated with the wish to bank sperm. It is vitally important to provide comprehensive information about pretreatment sperm banking to young adults with nongerm cell urological cancer.

  10. Seed rain and seed bank reveal that seed limitation strongly influences plant community assembly in grasslands.

    Directory of Open Access Journals (Sweden)

    Bryndís Marteinsdóttir

    Full Text Available Dispersal is an important factor in plant community assembly, but assembly studies seldom include information on actual dispersal into communities, i.e. the local propagule pool. The aim of this study was to determine which factors influence plant community assembly by focusing on two phases of the assembly process: the dispersal phase and the establishment phase. At 12 study sites in grazed ex-arable fields in Sweden the local plant community was determined and in a 100-m radius around the centre of each site, the regional species pool was measured. The local seed bank and the seed rain was explored to estimate the local propagule pool. Trait-based models were then applied to investigate if species traits (height, seed mass, clonal abilities, specific leaf area and dispersal method and regional abundance influenced which species from the regional species pool, dispersed to the local community (dispersal phase and which established (establishment phase. Filtering of species during the dispersal phase indicates the effect of seed limitation while filtering during the establishment phase indicates microsite limitation. On average 36% of the regional species pool dispersed to the local sites and of those 78% did establish. Species with enhanced dispersal abilities, e.g. higher regional abundance, smaller seeds and dispersed by cattle, were more likely to disperse to the sites than other species. At half the sites, dispersal was influenced by species height. Species establishment was however mainly unlinked to the traits included in this study. This study underlines the importance of seed limitation in local plant community assembly. It also suggests that without information on species dispersal into a site, it is difficult to distinguish between the influence of dispersal and establishment abilities, and thus seed and microsite limitation, as both can be linked to the same trait.

  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. Marketing of Interest Rates, Competition of Banks and SMEs' Credit Availability%利率市场化、银行竞争与中小企业信贷可获性

    Institute of Scientific and Technical Information of China (English)

    马雪彬; 刘沙沙

    2014-01-01

    金融机构贷款利率全面放开后,大型企业与银行的议价能力提高,而中小企业信贷可获性问题则需要多角度分析。利率市场化从两方面影响中小企业融资问题,一是利率浮动带来的直接影响;二是通过加剧商业银行竞争程度带来的间接影响。文章构建了银企博弈和商业银行竞争两个模型对中小企业信贷可获性进行理论分析,结果表明,无论放开贷款利率上限管制还是下限管制,随着商业银行竞争的加剧,长期来看中小企业信贷可获性都得到了提高。%After the full liberalization of loan rates of financial institutions, large enterprises increase the bargaining power with banks, and SME credit availability problem requires multi-angle analysis. Interest rates marketing affect the financing of SMEs in two ways, one is the direct impact of interest rate fluctuations; the second is the indirect impact of the commercial banks by increasing the degree of competition. This paper builds two models of game between banks and enterprises, competi-tion among commercial banks, to theoretically analyze the availability of credit to SMEs, the result showed that, regardless of liberalized loan rate cap regulation or limit controls, along with commercial banks increased competition, the long-term credit availability for SMEs have been improved.

  13. 12 CFR 25.25 - Community development test for wholesale or limited purpose banks.

    Science.gov (United States)

    2010-01-01

    ... development loans, and community development services that benefit areas outside the bank's assessment area(s... loans and other community development loan data provided by the bank, such as data on loans outstanding... investments, community development loans, and community development services that benefit areas within...

  14. 网银诉讼中客户权益特别保护机制研究%Research on the Special Protection Mechanism for Customers’ Rights and Interests in Online Banking Litigation

    Institute of Scientific and Technical Information of China (English)

    中山市中级人民法院课题组

    2016-01-01

    Based on the nature of the civil legal relations between banks and their customers,and taking into account the virtual,paperless and instantaneous features of online banking transactions,a special protection mechanism of online banking is necessary to be established for customers’rights and interests in order to make a balance on the interests between banks and their customers.This mechanism shall make it clear that the bank would take primary liability for the loss of online banking funds in the litigation for remedies because of the default,and then the liability shall be reasonably divided between the bank and the customer according to the principles of accountability in the Contract Law instead of the Tort Law in the case that the customer shall be deemed to have negligence in using and taking care over the transaction password,so as to encourage customers to fulfill a duty of care.The mechanism is set up to to facilitate the bank to upgrade the security and make it reliable to use the online banking services.Under such mechanism,the bank’s responsibilities could be also controlled within a reasonably affordable limit, so as to promote and enhance the prosperous development of the online banking services as emerging commercial activities.It is imperative to establish the special protection mechanism and the supporting measures shall be taken correspondingly for customers’rights and interests in online banking.%基于网银诉讼案件中银行和客户之间民事法律关系的本质,考虑到网银交易的虚拟性、交易无纸化和瞬时性的特点,为平衡银行与客户之间的利益,应当建立网银客户权益特别保护机制,即银行对网银资金丢失的违约之诉承担主要赔偿责任;同时,在可认定客户存在使用和保管交易密码等过程中存在过失的情形下,适用《合同法》而非《侵权法》责任追究方式合理分摊责任,以促使客户履行谨慎注意义务。这样,可

  15. Countermeasures for Marketized Interest Rate for Commercial Banks%论城市商业银行利率市场化应对策略

    Institute of Scientific and Technical Information of China (English)

    陆岷峰; 栾成凯

    2014-01-01

    利率市场化进程的不断推进对商业银行传统经营模式和增长模式带来了冲击。城市商业银行应结合自身优势,坚持错位经营和差异化经营;强化成本管理,走精细化管理之路;全面构建风险管理体系;适时推进参股、控股、兼并收购战略,发挥规模效应;对照“好银行”标准加强内部管理,坚持内涵发展,通过不断提高自身核心竞争力应对利率市场化带来的冲击,实现健康可持续发展。%The interest marketization process has brought impacts on traditional business mode and growth mode of commercial banks. By associating with its advantages, city commercial banks stick to a differeat op-erational mode and strengthen cost management to construct a comprehensive risk management system. Com-mercial banks should follow the criteria of good bank to strengthen its internal management and stick to con-notation development to improve its core competitiveness against the tide of interest marketization and achieve healthy development.

  16. 网络银行消费者权益保障机制研究%The Safeguard Mechanism of Consumers' Rights and Interests of Network Bank

    Institute of Scientific and Technical Information of China (English)

    冯华; 李二鹏

    2013-01-01

    This paper mainly uses the theory of law to analyze the rights and interests of consumers encroached by the network bank, and based on this, it puts forward how to establish legal mechanism to safeguard consumers' rights and interests of network bank in our country.%本文主要运用法学理论,对网络银行可能侵害的消费者的各项权益进行详细分析,并在此基础上,提出了如何建立我国保障网络银行消费者权益的法律机制的建议。

  17. Methods of Optimisation of the Structure of the Dealing Bank with a Limited Base of Counter-Agents

    Directory of Open Access Journals (Sweden)

    Novak Sergіy M.

    2013-11-01

    Full Text Available The article considers methods of assessment of optimal parameters of the dealing bank service with a limited base of counter-agents. The methods are based on the mathematical model of micro-structure of the inter-bank currency market. The key parameters of the infrastructure of the dealing service within the framework of the model are: number of authorised traders, contingent of counter-agents, quotation policy, main parameters of the currency market – spread and volatility of quotations and the resulting indicators of efficiency of the dealing service – profit and probability of breakeven operation. The methods allow identification of optimal parameters of the infrastructure of the dealing bank service based on indicators of dynamics of currency risks and market environment of the bank. On the basis of the developed mathematical model the article develops methods of planning calculations of parameters of the infrastructure of the dealing bank service, which are required for ensuring a necessary level of efficiency with set parameters of the currency market. Application of the said methods gives a possibility to assess indicators of operation of the bank’s front office depending on its scale.

  18. Financial fragility, sovereign default risk and the limits to commercial bank bail-outs

    NARCIS (Netherlands)

    van Wijnbergen, S.; van der Kwaak, C.

    2013-01-01

    We analyse the poisonous interaction between bank rescues, financial fragility and sovereign debt discounts. In our model balance sheet constrained financial intermediaries finance both capital expenditure of intermediate goods producers and government deficits. The financial intermediaries face the

  19. Financial fragility, sovereign default risk and the limits to commercial bank bail-outs

    NARCIS (Netherlands)

    van Wijnbergen, S.; van der Kwaak, C.

    2013-01-01

    We analyse the poisonous interaction between bank rescues, financial fragility and sovereign debt discounts. In our model balance sheet constrained financial intermediaries finance both capital expenditure of intermediate goods producers and government deficits. The financial intermediaries face the

  20. 上市商业银行利率风险实证分析%The Empirical Analysis on the Interest Rate Risk of Listed Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    王丽春

    2014-01-01

    本文以16家上市商业银行在2007~2011年的年报数据为基础,运用RSG模型进行了横向分析与纵向比较,得出我国国有控股商业银行在规避利率风险方面落后于新兴股份制银行,倾向于延续原来的融资缺口状况,并且存在“短借长贷”问题,致使其在利率波动中蒙受较大损失,而部分股份制银行灵活运用缺口管理策略值得借鉴。%Taking the annual report data of 16 listed commercial banks from 2007 to 2011 as the foundation, using RSG model, the paper makes the lateral analysis and longitudinal comparison, and draws the conclusion that China’s state-owned commercial banks are dropped behind the emerging joint-stock banks in the aspect of avoiding the interest rate risk, tend to continue the original fi-nancing gap, and have the problems of“borrowing for a short term and lending for a long term”, which make state-owned commer-cial banks be subject to the large losses in the interest rate fluctuation. Therefore, the flexible gap management strategy of the joint-stock banks is worth using for reference.

  1. 12 CFR 201.51 - Interest rates applicable to credit extended by a Federal Reserve Bank. 1

    Science.gov (United States)

    2010-01-01

    ... account rates on market sources of funds. (d) Primary credit rate in a financial emergency. (1) The... U.S. money markets resulting from an act of war, military or terrorist attack, natural disaster, or... rates for primary credit provided to depository institutions under § 201.4(a) are: Federal Reserve Bank...

  2. 利率市场化对我国商业银行的影响%The Impact of Interest Rate Liberalization on China's Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    王浩男

    2016-01-01

    The interest rate market for our country's financial institutions,especially commercial banks,it affects the macroeco-nomic operation and stability.In this paper,the interest rate market as a virtual variable,establish a linear regression model, the system analysis of interest rate market for commercial banks 'profitability,asset quality,capital adequacy and capital sources.The results show that the interest rate marketization improves the efficiency of resource allocation,reduce the rate of non -performing loans,but accelerate the financial disintermediation,reduce the sources of funds,improve the commercial bank borrowing costs and the interest rate risk,and the asset yields fell.%利率市场化对于我国的金融机构尤其是商业银行经营的影响,关系到宏观经济的运行和稳定。本文将利率市场化作为虚拟变量,建立线性回归模型,系统地分析利率市场化对于商业银行盈利能力,资产质量,资本充足及资金来源的影响。结果表明,利率市场化提高了资源配置效率,降低了不良贷款率,但是加快了金融脱媒,减少了资金来源,提高了商业银行的贷款成本和利率风险,使资产收益率下降。

  3. HOW TO DETERMINE THE AMOTIZED COST OF BANK CREDITS ACCORDING TO THE EFFECTIVE INTEREST RATE METHOD IN THE CONTEXT OF TRANSITION TO IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS

    Directory of Open Access Journals (Sweden)

    Tatiana SEVCIUC

    2013-12-01

    Full Text Available It is known that licensed banks in the Republic of Moldova are in the period of fulfilling the action plan with a view to implementing the project on transition from the National Accounting Standards to the International Financial Reporting Standards (IFRS. Fair and timely decisions are only possible based on objective and successive information, which explains the need for IFRS. At the same time, a major role in popularization of IFRS is played by the specialized publications. Therefore, this article aims at highlighting genuine financial information, transparency, comparability of accounting data and will increase reliability of financial statements of licensed banks. In conclusion we report that when calculating the effective interest rate, the bank estimates cash flows considering all contractual terms of the credit, but does not take into account future credit losses. The calculation includes all commissions and points paid or received by contractual parties that are an integral part of the effective interest rate, transaction costs and all other premiums and discounts.

  4. 利率市场化对我国商业银行的影响%The Marketization of Interest Rate on the Impact of China's Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    程松彬; 王景瑜

    2014-01-01

    In June 7, 2012, the people's Bank of Chinese decided to cut the benchmark deposit and lending rates, and allow the deposit interest rate rise for the ifrst time, this indicates that the reform of China's interest rate market after many years of silence and re open. The people's Bank of Chinese decision since July 20, 2013 will be fully liberalized ifnancial institutions loan interest rate regulation, means to further promote the marketization of interest rate. In October 25, 2013, according to the"market interest rate pricing mechanism of self-discipline guidelines", the National Interbank Funding Center began to publish a one-year loan interest rate basis. The marketization of interest rate and the restart of further advance is an important measure of the reform of ifnancial system in China, the signiifcant impact and the marketization of interest rate is bound to the development of commercial banks in china. In this dissertation the research, analysis of China's commercial banks to generate the impact of market interest rate, and in the light of the suggestions and Countermeasures of commercial bank interest rate marketization is given.%2012年6月7日,中国人民银行决定下调人民币存贷款基准利率,并首次允许存款利率上浮,这标志着我国利率市场化改革重新开启。中国人民银行决定自2013年7月20日起将全面放开金融机构贷款利率管制,意味着利率市场化的进一步推进。2013年10月25日,根据《市场利率定价自律机制工作指引》,全国银行间同业拆借中心开始发布一年期贷款基础利率。利率市场化的重启和进一步推进是我国金融体制改革的一项重大举措,而利率市场化必然给我国商业银行的发展带来重大影响。本文即围绕此进行研究,分析利率市场化对我国商业银行产生的冲击,并有针对性地给出了商业银行应对利率市场化的建议与对策。

  5. Analysis of plant soil seed banks and seed dispersal vectors: Its potential and limits for forensic investigations.

    Science.gov (United States)

    Šumberová, Kateřina; Ducháček, Michal

    2017-01-01

    Plant seeds exhibit many species-specific traits, thus potentially being especially helpful for forensic investigations. Seeds of a broad range of plant species occur in soil seed banks of various habitats and may become attached in large quantities to moving objects. Although plant seeds are now routinely used as trace evidence in forensic practice, only scant information has been published on this topic in the scientific literature. Thus, the standard methods remain unknown to specialists in such botanical subjects as plant ecology and plant geography. These specialists, if made aware of the forensic uses of seeds, could help in development of new, more sophisticated approaches. We aim to bridge the gap between forensic analysts and botanists. Therefore, we explore the available literature and compare it with our own experiences to reveal both the potential and limits of soil seed bank and seed dispersal analysis in forensic investigations. We demonstrate that habitat-specific and thus relatively rare species are of the greatest forensic value. Overall species composition, in terms of species presence/absence and relative abundance can also provide important information. In particular, the ecological profiles of seeds found on any moving object can help us identify the types of environments through which the object had travelled. We discuss the applicability of this approach to various European environments, with the ability to compare seed samples with georeferenced vegetation databases being particularly promising for forensic investigations. We also explore the forensic limitations of soil seed bank and seed dispersal vector analyses.

  6. Records management and risk management at Kenya Commercial Bank Limited, Nairobi

    Directory of Open Access Journals (Sweden)

    Cleophas Ambira

    2011-03-01

    Full Text Available Background: This paper reported empirical research findings of an MPhil in Information Sciences (Records and Archives Management study conducted at Moi University in Eldoret, Kenya between September 2007 and July 2009.Objectives: The aim of the study was to investigate records management and risk management at Kenya Commercial Bank (KCB Ltd, in the Nairobi area and propose recommendations to enhance the functions of records and risk management at KCB. The specific objectives of the study were to, (1 establish the nature and type of risks to which KCB is exposed, (2 conduct business process analysis and identify the records generated by KCB, (3 establish the extent to which records management is emphasised within KCB as a tool to managing risk, (4 identify which vital records of KCB need protection because of their nature and value to the bank and (5 make recommendations to enhance current records management practices to support the function of risk management in KCB.Method: The study was qualitative. Data were collected through face-to-face interviews. The theoretical framework of the study involved triangulation of the records continuum model by Frank Upward (1980 and the integrated risk management model by the Government of Canada (2000.Results: The key findings of the study were, (1 KCB is exposed to a wide range of risks by virtue of its business, (2 KCB generates a lot of records in the course of its business activities and (3 there are inadequate records management practices and systems, the lack of which undermines the risk management function.Conclusion: The findings of this study have revealed the need to strengthen records management as a critical success factor in risk mitigation within KCB and, by extension, the Kenyan banking industry. A records management model was proposed to guide the management of records within an enterprise-wide risk management framework in the bank.

  7. Value Through Diversity: Microfinance and Islamic Finance and Global Banking

    OpenAIRE

    Ferro, Nicoletta

    2005-01-01

    Internet resources, extended media coverage and international organizations’ reports recently witness the increasing interest of western banks in new models of finance, particularly Islamic finance and microfinance. This new trend is not only channeled through the frame of corporate social responsibilities programs and policies or limited to ad hoc financial institutions (like microcredit banks or Islamic banks) as it is entering the financial offer of mainstream banks. The paper primarily ou...

  8. Umbilical cord blood banks. Ethical aspects. Public versus private banks.

    Science.gov (United States)

    Aznar Lucea, Justo

    2012-01-01

    The creation of umbilical cord blood (UCB) banks raises interesting medical, social, economic and ethical issues. This paper reviews the ethical problems specifically. In this respect, it evaluates: a) whether there are advantages to the use of UCB compared to bone marrow, b) whether or not it is ethical to create UCB banks, c) whether their creation is ethically acceptable in terms of their clinical usefulness or d) the use made of them for therapeutic purposes, and finally e) whether their creation is ethically justified from a cost/profitability point of view. We focus primarily on evaluating the ethical controversy between public and private banks, particularly on whether it is ethical to bank autologous blood in private UCB banks, on the basis of its limited possibilities for use by the cord blood donor. We can conclude that, from an ethical point of view, autologous blood banks have limited acceptance among specialised researchers, scientific societies and other public institutions. Therefore, we believe that it is ethically more acceptable to support the creation of public UCB banks for medical and social reasons and, above all, based on the principle of justice and human solidarity. Nevertheless, there is no definitive ethical argument why a couple, according to their autonomy and freedom, cannot bank their child's UCB in a private bank. An equally acceptable solution could be the creation of mixed banks, such as that proposed by the Virgin Health Bank or like the Spanish system where autologous samples can be stored in public banks but with the proviso that if at any time the stored sample is required by any person other than the donor, it would have to be given to them.

  9. Polyphagotarsonemus latus (Banks as pest in agricultural crop of economic interest of the municipalities Abreu and Aguada de Pasajeros

    Directory of Open Access Journals (Sweden)

    Leydi Díaz García

    2016-04-01

    Full Text Available The investigation was developed during six winter and spring seasons in the municipalities of Abreus and Aguada de Pasajeros with the aims to know the preference of Polyphagotarsonemus latus (Banks and levels of incidence for crops. The data filed were obtained in the Protection Station of Yaguaramas about four the crops in the register of existent areas, stationary fields, journeys of itinerary, reports of seasons and historical territorial registration. It was analyzed the levels of incidence by varieties, sowing times or plantation according to meteorological variables. It was picked up affected crops and frequency of incidence of the mite, percentage of area with presence and level of incidence per crops and season. It is reported the white mite as important pest, with high percent of affected areas in cold and spring season for potato, common bean, cowpea, pepper at fields and greenhouse. This surpassed the Control Economic Threshold in all cultivations sowed or planted; not being this way in common bean that only it happened in two seasons. In February-March, April-May the higher incidences occurred in the fields, without a marked preference for pepper greenhouse. The highest incidences happened to minimum temperature of 18 0C and 94 % of relative humidity. It don not put on in evidence the preference of the mite for some variety of the crops in study; throwing differences among early, intermediate and late season for pepper greenhouse in spring and for common bean and cowpea.

  10. Consumers limit the abundance and dynamics of a perennial shrub with a seed bank

    Science.gov (United States)

    Kauffman, M.J.; Maron, J.L.

    2006-01-01

    For nearly 30 years, ecologists have argued that predators of seeds and seedlings seldom have population-level effects on plants with persistent seed banks and density-dependent seedling survival. We parameterized stage-based population models that incorporated density dependence and seed dormancy with data from a 5.5-year experiment that quantified how granivorous mice and herbivorous voles influence bush lupine (Lupinus arboreus) demography. We asked how seed dormancy and density-dependent seedling survival mediate the impacts of these consumers in dune and grassland habitats. In dune habitat, mice reduced analytical ?? (the intrinsic rate of population growth) by 39%, the equilibrium number of above-ground plants by 90%, and the seed bank by 98%; voles had minimal effects. In adjacent grasslands, mice had minimal effects, but seedling herbivory by voles reduced analytical ?? by 15% and reduced both the equilibrium number of aboveground plants and dormant seeds by 63%. A bootstrap analysis demonstrated that these consumer effects were robust to parameter uncertainty. Our results demonstrate that the quantitative strengths of seed dormancy and density-dependent seedling survival-not their mere existence-critically mediate consumer effects. This study suggests that plant population dynamics and distribution may be more strongly influenced by consumers of seeds and seedlings than is currently recognized. ?? 2006 by The University of Chicago.

  11. 利率市场化背景下我国商业银行利率风险实证研究%An empirical study on the interest rate risk of commercial banks in China under the interest rate liberalization

    Institute of Scientific and Technical Information of China (English)

    杨毅; 苏庚云

    2015-01-01

    With the advance of China's interest rate liberalization, commercial banks face greater risks. This paper discussed China's commercial bank interest rate risk prevention under the background of interest rate liberalization. In this paper, the main line is the interest rate risk in interest rate's volatile of large and emerging joint-stock commercial banks, by using VaR method and the interest rate sensitivity gap model to empirical research on interest rate risk status of China's commercial banks empirical research. We found that with the continuous relaxation of interest rate controls, the interest rate risk of the entire banking industry was faced with an overall upward trend, and the "borrow short-term loans long" abnormal balance sheet structure in commercial banks was widespread, interest rate risk management in emerging joint-stock bank's is better than that of large commercial banks. According to the empirical results, this paper gives some advice to enhance the ability of China's commercial banks interest risk management from two aspects of interest rate risk management of commercial bank's own control and emphasis differences between different types of bank interest rate risk management.%随着利率市场化的推进,我国商业银行面临着更大的风险。以我国大型和新兴股份制商业银行在利率波动下的风险为主线,运用VaR方法和利率敏感性缺口模型对我国商业银行的利率风险状况进行实证研究。研究发现,随着利率管制的不断放松,我国整个银行业面临的利率风险呈总体上升趋势,并且商业银行普遍存在“借短贷长”的畸形资产负债结构,新兴股份制银行的利率风险管理要优于大型商业银行的利率风险管理。根据实证结果,从商业银行利率风险管理的自身控制以及不同类型银行利率风险管理的侧重点差异两个方面给出我国商业银行利率风险管理提升建议。

  12. Tax evasion and Swiss bank deposits

    DEFF Research Database (Denmark)

    Johannesen, Niels

    2014-01-01

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

  13. A real time status monitor for transistor bank driver power limit resistor in boost injection kicker power supply

    Energy Technology Data Exchange (ETDEWEB)

    Mi, J.; Tan, Y.; Zhang, W.

    2011-03-28

    For years suffering of Booster Injection Kicker transistor bank driver regulator troubleshooting, a new real time monitor system has been developed. A simple and floating circuit has been designed and tested. This circuit monitor system can monitor the driver regulator power limit resistor status in real time and warn machine operator if the power limit resistor changes values. This paper will mainly introduce the power supply and the new designed monitoring system. This real time resistor monitor circuit shows a useful method to monitor some critical parts in the booster pulse power supply. After two years accelerator operation, it shows that this monitor works well. Previously, we spent a lot of time in booster machine trouble shooting. We will reinstall all 4 PCB into Euro Card Standard Chassis when the power supply system will be updated.

  14. Genetic testing of children for diseases that have onset in adulthood: the limits of family interests.

    Science.gov (United States)

    Hardart, George E; Chung, Wendy K

    2014-10-01

    Two recent policy statements, one from the American Academy of Pediatrics and one from the American College of Medical Genetics, reach very different conclusions about the question of whether children should be tested for adult-onset genetic conditions. The American Academy of Pediatrics policy begins with the presumption that genetic testing for children should be driven by the best interest of the child. It recognizes the importance of preserving the child's open future, recommending that genetic testing for adult-onset diseases be deferred. The American College of Medical Genetics, by contrast, recommended testing children for at least some adult conditions, although it should be noted they have recently modified this recommendation. They justified this recommendation by arguing that it, in fact, was in the best interests of the child and family to receive this information. In this article, we analyze these 2 different positions and suggest ways that the seeming conflicts between them might be reconciled.

  15. The Research on Elastic Space to Cut Benchmark Interest Loan Rate of Commercial Banks%商业银行贷款利率下调弹性空间研究

    Institute of Scientific and Technical Information of China (English)

    陆岷峰; 李琴

    2015-01-01

    自我国经济进入新常态,经济增速趋缓,越来越多的政策预期寄希望于利率下调,但过激进或过温和的利率政策都不利于实体经济的发展。通过对当前利率水平与各要素之间的比较分析发现,我国商业银行贷款基准利率下调空间已十分有限。因此,促进实体经济的发展,在充分运用利率杠杆促进实体经济的发展时,还必须同时实施产业结构调整等其他措施来进行经济综合治理。%Since China's economy has entered a new normal,economic growth has slowed down,and a growing number of policy expectations lie in the hope to cut interest rates.But too radical or too moderate interest rate policy is not conducive to the development of the real econ-omy.According to the current our country interest rate level and the comparing analysis be-tween each factor,it shows that the space to cut benchmark interest loan rate of commercial banks is very limited.Therefore,promoting the development of the real economy,in the full use of the role of interest rate leverage to revitalize the real economy,it is necessary to imple-ment the industrial structure adjustment and other measures to carry out economic comprehen-sive control.

  16. 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.

  17. 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...

  18. Interest rates close to zero, post-crisis restructuring and natural interest rate

    OpenAIRE

    2011-01-01

    Central banks seem not to account for the influence of interest rates close to zero on the natural interest rate after the bursting of the asset bubble which triggered financial crisis. We claim that this omission may have deleterious consequences. Should interest rates close to zero persistently decrease natural interest rates, that would mean fall in TFP growth and more limited central bank’s capacity to influence aggregate demand and price dynamics. We explain that interest rates close ...

  19. The Challenges and Strategies about Liberalization of Interest Rate on Commercial Bank in China%利率市场化对我国商业银行的挑战及应对策略

    Institute of Scientific and Technical Information of China (English)

    魏宝兰

    2012-01-01

    利率市场化是我国金融市场国际化非常重要的一步。利率市场化使中国银行业面临严峻考验。面对净利息收入减少、利率波动提高、银行竞争加剧、信用风险提高以及系统性风险加大,我国商业银行必须调整盈利结构,创新产品,拓宽利润增长点。%Interest rate liberalization is a very important step during financial market internationalization in our country, which makes commercial banks facing risks. To deal with interest income decrease, the fluctuation of in- terest rate, increasing competition among banks, credit risk and systematic risk, commercial banks should dedicate to profit structure adjustment, innovative products and profit expansion.

  20. Lack of proportionality. Seven specifications of public interest that override post-approval commercial interests on limited access to clinical data

    Directory of Open Access Journals (Sweden)

    Strech Daniel

    2012-07-01

    Full Text Available Abstract For the protection of commercial interests, licensing bodies such as the EMA and health technology assessment institutions such as NICE restrict full access to unpublished evidence. Their respective policies on data transparency, however, lack a systematic account of (1 what kinds of commercial interests remain relevant after market approval has been granted, (2 what the specific types of public interest are that may override these commercial interests post approval, and, most importantly, (3 what criteria guide the trade-off between public interest and legitimate measures for the protection of commercial interest. Comparing potential commercial interests with seven specifications of relevant public interest reveals the lack of proportionality inherent in the current practices of EMA and NICE.

  1. Removing bank subsidies leads inexorably to full reserve banking

    OpenAIRE

    Musgrave, Ralph S.

    2013-01-01

    The recent banking crisis laid bare a long standing and inherent defect in fractional reserve banking: the fact that fractional reserve is unlikely to work for long without taxpayer backing. Changing bank regulations in such a way that banks are never a burden on taxpayers leads inexorably to full reserve banking. Full reserve involves splitting the banking industry into two halves. A safe half where depositors earn no interest, but they do have instant access to their money, and a second...

  2. Removing bank subsidies leads inexorably to full reserve banking

    OpenAIRE

    Musgrave, Ralph S.

    2013-01-01

    The recent banking crisis laid bare a long standing and inherent defect in fractional reserve banking: the fact that fractional reserve is unlikely to work for long without taxpayer backing. Changing bank regulations in such a way that banks are never a burden on taxpayers leads inexorably to full reserve banking. Full reserve involves splitting the banking industry into two halves. A safe half where depositors earn no interest, but they do have instant access to their money, and a second...

  3. 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。

  4. 利率市场化背景下非利息收入对商业银行盈利能力的影响%Study of Impact of Non-Interest Income on Commercial Bank Profitability in the Interest Rate Liberation

    Institute of Scientific and Technical Information of China (English)

    任森春; 占韦威

    2016-01-01

    This article chooses 16 listed commercial Banks in China from 2008 to 2014 as study samples, which fall into three subsamples:state-controlled banks, national joint-stock banks and city commercial banks. With panel data model, the article analyzes the impact of non-interest income on commercial bank profitability in the situation of interest rate liberation. The empirical study results show that the non-interest income has a positive impact on com-mercial bank profitability overall, but its impact varies in three kinds of banks, among which the impact is most prominent in national joint-stock banks. The ratio of fee and commission revenue has a positive effect on commercial bank profitability, but especially significant in state-controlled banks. So different kinds of banks should adopt differ-ent strategies towards the development of intermediary revenue during the process of their transformation of profit model.%本文选择2008-2014年我国16家上市商业银行的数据作为样本,并将分成其国有控股银行、全国性股份制银行和城市商业银行三个子样本,运用面板数据模型分析利率市场化背景下非利息收入对商业银行盈利能力的影响。实证结果表明:非利差收入对我国总体商业银行盈利能力产生积极的影响,但是在三个不同性质银行中的作用是不一样的,其中这种效果在全国性股份制银行中表现最为突出;手续费及佣金收入占比总体上对上市商业银行也产生正向效应,但在国有控股银行表现尤为显著。所以,商业银行在转变盈利模式的过程中,各类银行发展中间收入应区别对待。

  5. Management of interest rate risk

    Directory of Open Access Journals (Sweden)

    Šabović Šerif

    2014-01-01

    Full Text Available Interest rate risk is one of the biggest and most dangerous risks that a bank is exposed to. When a change of interest rates occurs, the incomes of a bank based on credits and securities endure significant changes. Banks resources also endure some changes. The change of interest rates changes the value of the assets and liabilities of the bank and it's net and investment worth . The change of interest rates also affects bank's balance sheet, income sheet statement and bank's share capital.

  6. Performance Evaluation and Ranking the Branches of Bank using FAHP and TOPSIS Case study: Tose Asr Shomal Interest-free Loan Fund

    OpenAIRE

    Aliasghar Aliakbarzadeh; Akbar Alem Tabriz

    2014-01-01

    There is no denial of the fact that performance evaluation is a critical managerial attempt in any organization especially financial institutions such as banks. MCDM methods have been utilized as efficient and common tools in many fields such as finance and economy and attract significant attention from public and financial regulators. The numerous opinions and enormous criteria associated with bank performance evaluation confines the implication of any single objective model. Therefore, mult...

  7. 利率市场化对我国商业银行影响的实证分析%Empirical Analysis on the Influence of Interest Rate Liberalization on China ’s Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    郭依苗; 董继刚

    2014-01-01

    对于商业银行而言,利率市场化的积极意义在于它将促进金融市场的深化发展和金融机构之间的公平竞争,为银行业快速发展和多元化经营创造良好的外部环境。但是从短期来看,利率市场化也将改变商业银行原有的利率决定机制和经营模式。利率市场化将大大提高利率波动的幅度和频率,并使利率的期限结构复杂化,对商业银行的经营能力和风险把控能力都将是重大考验。本文选取10家国内上市商业银行,对其非利息收入占比、利率敏感性缺口等指标进行实证检验,最后根据实证结果对商业银行应对利率市场化提出合理建议。%For commercial banks, the positive significance of the interest rate liberalization is to promote the deep development of financial market and the fair competition between financial institutions, and to create a good ex-ternal environment for the rapid development and diversified management of the banking industry. In the short term, the liberalization of interest rate will change the previous interest rate decision mechanism and the management mode. The interest rate liberalization will greatly enhance the amplitude and frequency of the interest rate volatility and make the structure of interest rate term more complicated. It will be a big challenge for the management and risk-control abili-ty of commercial banks. Selecting 10 domestic listed banks as samples, this paper does an empirical test and analysis on the ratio of non-interest income,interest rate sensitive gap and other indexes. According to the empirical results,it puts forward reasonable suggestions for commercial banks to face the interest rate liberalization.

  8. 31 CFR 586.314 - Property; property interest.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Property; property interest. 586.314... & MONTENEGRO) KOSOVO SANCTIONS REGULATIONS General Definitions § 586.314 Property; property interest. The terms property and property interest include, but are not limited to, money, checks, drafts, bullion, bank...

  9. 31 CFR 540.311 - Property; property interest.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Property; property interest. 540.311... CONTROL REGULATIONS General Definitions § 540.311 Property; property interest. The terms property and property interest include, but are not limited to, money, checks, drafts, bullion, bank deposits, savings...

  10. 31 CFR 544.308 - Property; property interest.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Property; property interest. 544.308... SANCTIONS REGULATIONS General Definitions § 544.308 Property; property interest. The terms property and property interest include, but are not limited to, money, checks, drafts, bullion, bank deposits, savings...

  11. 31 CFR 593.308 - Property; property interest.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Property; property interest. 593.308... SANCTIONS REGULATIONS General Definitions § 593.308 Property; property interest. The terms property and property interest include, but are not limited to, money, checks, drafts, bullion, bank deposits, savings...

  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 Impact of Interest Rate Liberalization on Risk-taking of commercial Banks---An Empirical Analysis Based on the Panel Data of Chinese Listed Banks%利率市场化对商业银行风险承担的影响--基于中国上市银行面板数据的实证分析

    Institute of Scientific and Technical Information of China (English)

    宋惠; 周昭雄

    2016-01-01

    Based on China’ s banking industry, this paper select the business data of year 2004 to 2014 of the 16 listed banks,using panal data fixed effects modal,and analysis the impact of interest rate liberalization on risk taking of banks.The results show that:(1)The commercial banks take the higher risk in the processing of interest rate liberalization reform;(2)The rapid growth of the economics will increase the risk of banks when the oth-er conditions do not change;(3)The country’s monetary policy has a positive influence on the banks’ risk.When the monetary policy is loose, banks will expand the scale of credit ,which will increase the risk-taking of banks.%以中国银行业为研究对象,选取了16家上市银行在2004—2014年的经营数据,运用面板数据固定效应模型,分析利率市场化对银行风险承担的影响。实证分析结果表明:在利率市场化改革进程中,我国的商业银行承担了更高的风险;在其他条件不发生变化时,经济水平的快速增长会加大银行业的风险承担水平;国家的货币政策对于银行的风险承担有正向影响,宽松的货币政策使银行不断扩大信贷规模,银行风险承担加大。

  14. 利率市场化对商业银行利差变动的影响分析-基于资产负债结构的计量框架与实证研究%Analysis of the Impact of Interest Rate Marketization on Commercial Bank Interest Spread Changes--Based on Measurement Framework Asset Liability Structure

    Institute of Scientific and Technical Information of China (English)

    刘松涛

    2013-01-01

    Based on the thought distinguishing overall changes in spread and the marketization of interest rate policy to change, from the difference between the central bank benchmark interest rate control and the structure of assets and liabilities of commercial banks, we study the impact of interest rate marketization on commercial bank deposit and lending interest rate spread movements. Results show that interest rate marketization is not the main reason of the net interest margin narrowed.%基于科学区分总体利差变动与利率市场化政策导致的利差变动的思路,从中央银行基准利率调控和商业银行资产负债结构差异入手,研究利率市场化对商业银行存贷利差变动的影响。结果显示,利率市场化对存款利率新增上浮区间的影响明显加大,而对贷款利率新增下浮区间的影响总体较小,利率市场化不是当前净利差收窄的主要原因。

  15. 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.

  16. A Theory of Money and Financial Institutions. Part 23. Fiat Money, Bank, Money, the Force of the Rate of Interest and the Vanishing Float,

    Science.gov (United States)

    general equilibrium system depends upon the presence of two types of money in the system. These two types of money can be interpreted as fiat money issued by the government and bank money which is created and destroyed by the banking system. The previous models were formulated in terms of a discrete trading market with expenditures on trade and receipts of the goods taking place at the start of each period and receipt of income from the sale of goods obtained at the start of the next period. This formulation creates a one period ’float’ of money which has been

  17. The influence of gender on conflicts of interest in the allocation of limited critical care resources: justice versus care.

    Science.gov (United States)

    Self, D J; Olivarez, M

    1993-03-01

    After noting that the principle of autonomy has been inadequate for the resolution of many of the complex and difficult moral dilemmas involving conflicts of interest in the allocation of limited critical care resources, this paper analyzes the concepts of justice and care as alternative solutions to moral problems and applies them to the issue of repeat organ transplants to a single recipient. These concepts are found to be the basis of the notions of moral reasoning and moral orientation, respectively, which serve in moral development theory as two fundamentally different ways to approach moral problem solving. Following an elaboration of moral reasoning as found in Kohlberg's cognitive moral development theory, the influence of gender on moral reasoning is investigated. The empirical data show that women (mean Defining Issues Test score, 47.18) score significantly higher (P moral reasoning based on the concept of justice for resolving moral dilemmas. Following an elaboration of moral orientation as found in Gilligan's moral theory of the ethics of care, the influence of gender on moral orientation is investigated. The empirical data show that women use the concept of care significantly more often (P moral dilemmas. From these data it is concluded that men are more likely than women to use justice in the resolution of moral dilemmas, such as the conflicts of interest in the allocation of limited critical care resources, but that if women do use, or are required by the social system to use, justice in the resolution of moral dilemmas, they do a better job of it than men.

  18. SWOT Analysis Based on Market-oriented Interest Rate of Development of City Commercial Banks%基于利率市场化下我国城市商业银行发展的SWOT分析

    Institute of Scientific and Technical Information of China (English)

    罗璨

    2014-01-01

    2013年7月20日,央行决定全面放开金融机构贷款利率管制,这一举措表明我国利率改革进入了一个更高的层次。城市商业银行作为80年代城市信用社改制后的产物,运用其自身优势,近几年发展迅猛。本文基于利率市场化冲击下,对我国城市商业银行进行了SWOT分析,并在此基础上提出了相应的解决方法。%In July 20, 2013, the China Central Bank decided to fully liberalize the financial institutions' lending interest rate controls, the move indicates that China's interest rate reform has entered a higher level. City commercial banks as urban credit cooperatives of a product of 80 years after the reform, use of their own advantages, have a rapid development in recent years. In this paper, based on the interest rate market under the impact on China's city commercial banks SWOT analysis, and put forward the corresponding solutions.

  19. Interest Rate Pass‐Through in Mongolia

    National Research Council Canada - National Science Library

    Doojav, Gan‐Ochir; Kalirajan, Kaliappa

    2016-01-01

    This study empirically examines the interest rate pass‐through of the money market interest rate to bank lending and bank deposit interest rates in Mongolia using both linear and nonlinear autoregressive distributed lag (ARDL) models...

  20. Using Statement Banks to Return Online Feedback: Limitations of the Transmission Approach in a Credit-Bearing Assessment

    Science.gov (United States)

    Denton, Philip; Rowe, Philip

    2015-01-01

    Electronic marking tools that incorporate statement banks have become increasingly prevalent within higher education. In an experiment, printed and emailed feedback was returned to 243 first-year students on a credit-bearing laboratory report assessment. A transmission approach was used, students being provided with comments on their work, but no…

  1. Monetary Policy & Monetary Regime in an Interest Free Economy: An Alternate Approach In Monetary Economics amidst Great Recession

    OpenAIRE

    Shaikh, Salman

    2010-01-01

    This paper reviews limited, but precious academic literature on central banking and monetary management in Islamic finance. It discusses the building blocks of an Islamic monetary system. It discusses how savings would feature despite discontinuation of interest, how inflation will be checked with central banks not having at its disposal conventional OMO, how liquidity will be managed in banking sector when central bank wants to inject liquidity or mop up funds. How and to what extent the ins...

  2. BANK RATING. A COMPARATIVE ANALYSIS

    Directory of Open Access Journals (Sweden)

    Batrancea Ioan

    2015-07-01

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

  3. The Ethical Stance in Banking

    OpenAIRE

    Villa, Jesus Simeon Villa

    2010-01-01

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

  4. 12 CFR 1261.10 - Independent director conflict of interests.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Independent director conflict of interests. 1261.10 Section 1261.10 Banks and Banking FEDERAL HOUSING FINANCE AGENCY FEDERAL HOME LOAN BANKS FEDERAL HOME LOAN BANK DIRECTORS Federal Home Loan Bank Boards of Directors: Eligibility and...

  5. 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.

  6. 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.

  7. Reference and Thinking for the Development of Private Banks in China by the Risk Control Modes of Foreign Banks under the Background of Interest Rate Liberalization%利率市场化下国外银行风控模式对我国民营银行发展的借鉴与思考

    Institute of Scientific and Technical Information of China (English)

    杨若谦; 李晓娜; 刘磊

    2015-01-01

    Interest rate liberalization is the important content of financial deepening reform, and it also is the development trend of the financial markets in the world. Most western countries have formed mature interest rate risk management system. But because China started late, the interest rate risk management of China has not formed a complete system. With the deepening interest rate liberalization of China, the interest rate risk is more prominent of commercial banks, especially the private small and medium-sized banks. Through studying interest rate liberalization in western developed countries, this paper analyzes the coping methods of interest rate liberalization in various stages to provide the reference and thinking for the interest rate risk management of private banks in China.%利率市场化是金融深化改革的重要内容,也是当今世界金融市场的发展潮流,大多数西方国家已经形成了成熟的利率风险管理体系,而我国由于起步较晚,尚未形成完整的利率风险管理体系。随着我国利率市场化进程的深入,商业银行尤其是民营中小银行所面对的利率风险也更加突出。本文通过研究西方发达国家的利率市场化进程,分析其利率市场化中的不同阶段的应对方法,来为我国的民营银行提供利率风险管理的借鉴和思考。

  8. QUALITY MANAGEMENT IN BANKING SYSTEM

    OpenAIRE

    2009-01-01

    Quality management banking perspective is extremely interesting, from the point of view of the activities specific, and of the permanent area competition improvement. Banks being aware of the quality problems also lead to the appearance and requirement of

  9. The role of business planning in small and medium-sized enterprises, within Absa Bank Limited / Lourens Johannes van Tonder

    OpenAIRE

    Van Tonder, Lourens Johannes

    2007-01-01

    The Global Entrepreneurship Monitor report of 2006 revealed that since 2000 a total number of 24,920 business liquidations and 18,730 insolvencies amounted in South Africa. In a country where entrepreneurship holds the key to economic growth this is a worrying founding. Commercial banks are profit seeking and risk-averse institutions needing to be satisfied in respect of financial stability of SMEs that seek funding from these institutions. This study researches the role of business planning ...

  10. The role of business planning in small and medium-sized enterprises, within Absa Bank Limited / Lourens Johannes van Tonder

    OpenAIRE

    Van Tonder, Lourens Johannes

    2007-01-01

    The Global Entrepreneurship Monitor report of 2006 revealed that since 2000 a total number of 24,920 business liquidations and 18,730 insolvencies amounted in South Africa. In a country where entrepreneurship holds the key to economic growth this is a worrying founding. Commercial banks are profit seeking and risk-averse institutions needing to be satisfied in respect of financial stability of SMEs that seek funding from these institutions. This study researches the role of business planning ...

  11. O componente "custo de oportunidade" do spread bancário no Brasil: uma abordagem pós-keynesiana The "opportunity cost" component of bank interest spread in Brazil a post-Keynesian perspective

    Directory of Open Access Journals (Sweden)

    Giuliano Contento de Oliveira

    2007-12-01

    Full Text Available A redução pronunciada do spread bancário no Brasil requer a diminuição do custo de oportunidade das operações de crédito no país, representado pelos retornos monetários e não monetários dos títulos públicos federais. Ao permitir a estruturação de uma postura operacional flexível e rentável ao mesmo tempo, esses ativos criam uma disfuncionalidade no mercado de crédito, vez que os bancos passam a exigir um prêmio de risco muito elevado para a concessão de recursos, elevando o spread bancário e aumentando o custo do dinheiro no país.The pronounced reduction of the bank interest spread in Brazil requests the decrease of the cost of opportunity of the credit operations in the country, represented by the monetary and no-monetary returns of the federal public titles. When allowing the structuring of a flexible and profitable operational posture at the same time, those assets create an anomaly in the credit market, because the banks start to demand a premium of very high risk for the concession of credit, elevating the bank interest spread and increasing the cost of the money in the country.

  12. Cost and profit efficiency of banks in Haiti: do domestic banks perform better than foreign banks?

    OpenAIRE

    Cadet, Raulin Lincifort

    2008-01-01

    I use the stochastic frontier methodology to estimate a cost and a profit frontier functions. The Fourier-flexible form is used in this paper because of its flexibility. Results show that, although foreign banks are more cost efficient than domestic banks, domestic banks are more profit efficient than foreign banks, in Haiti. The paper reveals also that, although treasury bills constitute an alternative source of profit for banks in Haiti, a growth of interest rate on treasury bills incre...

  13. The Central Bank and the State Budget: Selected Legal Aspects

    Directory of Open Access Journals (Sweden)

    Andrzej Borodo

    2015-09-01

    Full Text Available The Polish Central Bank (National Bank of Poland – NBP performs mainly macro-economic tasks, for maintaining price levels. This Bank is not focused on tasks aimed at the interests of the State Budget. The Central Bank has a lot of power in the creation of money. It seems, there is possible to create the budgetary revenues, which are connected with the emission of money. In particular, the income from emission of coins may be determined as the budget revenue. The connection the Treasury with the Central Bank results from the historical evolution of the origin and role of the Central Bank. It is reasonable to increase the role of the treasury securities in the Central Bank activity. The Treasury Bills should be used in the open market policy leading by the Central Bank. There is the issue of changing of the Constitution of the Republic Poland in the field of limit of the public debt (60% of GDP. It seems, the Polish Constitution should not be the only constitution in the world that introduced such a limit. This limit, and the limit on annual budgetary deficit, introduces EU law. That is a sufficient legal limit.

  14. Pattern Analysis On Banking Dataset

    Directory of Open Access Journals (Sweden)

    Amritpal Singh

    2015-06-01

    Full Text Available Abstract Everyday refinement and development of technology has led to an increase in the competition between the Tech companies and their going out of way to crack the system andbreak down. Thus providing Data mining a strategically and security-wise important area for many business organizations including banking sector. It allows the analyzes of important information in the data warehouse and assists the banks to look for obscure patterns in a group and discover unknown relationship in the data.Banking systems needs to process ample amount of data on daily basis related to customer information their credit card details limit and collateral details transaction details risk profiles Anti Money Laundering related information trade finance data. Thousands of decisionsbased on the related data are taken in a bank daily. This paper analyzes the banking dataset in the weka environment for the detection of interesting patterns based on its applications ofcustomer acquisition customer retention management and marketing and management of risk fraudulence detections.

  15. The Impact of Interest Rate Liberalization on City Commercial Banks:Empirical Analysis Based on Net Interest Margins%利率市场化对城商行的影响:基于净利差率的实证分析

    Institute of Scientific and Technical Information of China (English)

    慈亚平; 贾瑞跃

    2014-01-01

    The impact of interest rate liberalization on City Commercial Banks is evaluated based on the HO-Saunders Model in this paper. It is found that, the interest rate liberalization improves City Commercial Banks' quality of assets, increases the interest rate risk and challenge the interest rate risk management ability, improves the ability of pricing, reduces the opportunity cost of saving and increases the liquidity risk in the in the short term, raises the cost of deposits and increase the deposits competition. To deal with the challenge of interest rate liberalization, City Commercial Banks should enhance the asset management, improve the interest rate risk management system, build effective pricing mechanism and achieve diversified development.%本文运用HO-Saunders模型实证分析了利率市场化对城商行的影响。结果显示,利率市场化对城商行带来了一系列影响:资产质量有所提升;利率风险加大,城商行风险管理水平面临挑战;定价能力有所提升;储备的机会成本降低,短期内流动性风险增加;吸储成本提高,存款竞争压力增大。要应对挑战,城商行应从加强资产质量管理、完善利率风险管理体系、构建有效定价机制、实现多元化发展等方面入手。

  16. UNINSURED DEPOSITOR RIGHTS PROTECTION IN BANK INSOLVENCY

    Directory of Open Access Journals (Sweden)

    Tomas Ambrasas

    2013-06-01

    Full Text Available The objective of the article is legal instruments protecting uninsured depositor in bank insolvency. The paper is focused and reviews issues relating to the unprofessional depositor with typology of insolvent Lithuanian bank “Snoras”. According to this view, the paper analyses legal aspects of the bank’s specific obligations to the depositor under Lithuania’s bank insolvency rules and regulations. The purpose is, by means of different methods, to investigate depositor’s rights protection concept covering uninsured bank’s product - deposit certificates. This paper reveals the content of legal norms regulating uninsured depositors in bank insolvency (laws, secondary legislation, especially court decisions of Lithuania, analyzes what problems arise in an attempt to ensure depositor rights and discusses the impact for uninsured depositor ex ante and ex post bank insolvency. The main issue of the paper: what are the legal techniques protecting uninsured depositor rights under bank insolvency frameworks? The issue based on the typology of insolvent bank “Snoras” which actively disseminated deposit certificates to the customers in order to improve the bank's financial stability, without increasing the share capital of the bank, for that reason, bank misinformed the owners of deposit certificates that such a product is treated as insurance object. The paper is written from the Lithuanian law perspective. Purpose – to investigate depositors’ rights protection terms covering uninsured bank’s product- deposit certificates. Design/methodology/approach – Purposely to explore the actual meaning of legal norms and legislations as well as content and to analyze the literature and jurisprudence the systematic, analyses, synthesis, comparative methods were used. Findings – all depositors have full interest to be treated as insured with the consequent of compensation. Deposit protection is designed to compensate some classes of depositors

  17. 利率市场化进程中我国商业银行的战略选择%The Strategic Choice of the Commercial Banks in the Process of China's Market-oriented Interest Rate Reform

    Institute of Scientific and Technical Information of China (English)

    仇卫平

    2013-01-01

    我国利率市场化改革现阶段已步入放开存款利率上限和贷款利率下限的关键时刻。面对利率市场化进一步深化的冲击,商业银行应走差异化道路,改善盈利模式,拓展有自身特色的中间业务,同时理财产品向客户需求导向型发展,提供多元化的理财服务并注重银行零售业务的发展。%Market-oriented interest rate reform in China has entered into a stage of release the deposit interest rate cap and floor on lending rates. In the Face of the interest rate marketization process has researched on the further impact, and the strategic choice of Chinese commercial banks should be-- take a dissimilation way in the face of the spread ;improve the profit pattern, expanding its own characteristics of the intermediate business; make financial products develop as the customer demand oriented products, providing a wide range of financial services; attach importance to the development of the bank's retail business.

  18. USING DEPOSIT INTEREST RATES IN SETTING LOAN INTEREST RATES: EVIDENCE FROM TURKEY

    OpenAIRE

    Önder Kaymaz; Özgür Kaymaz

    2011-01-01

    Bank credit margins are set by two dynamics: loan interest rates and deposit interest rates. The latter is the leading funding cost for the commercial banks. Sampling the period running from the last financial quarter of 2002 to the last financial quarter of 2009, we consider all the listed commercial banks operating in Turkey. We obtain strong evidence of one-way causality between loan interest rates and deposit interest rates. In setting their loan interest rates, banks use deposit interest...

  19. 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.

  20. Analysis on the Impact of Interest Rate Liberalization upon Profitability Model for State-owned Commercial Banks%利率市场化对国有商业银行盈利模式影响分析

    Institute of Scientific and Technical Information of China (English)

    王瑞; 王家华; 蒋志芬

    2015-01-01

    基于5大国有商业银行2005—2014年的相关数据,采用面板回归模型就国有商业银行收入结构对其盈利能力的影响进行计量分析。结果表明,国有商业银行净利润对净息差的变动非常敏感,中间业务收入对国有商业银行净利润的贡献大于利息净收入。为此,国有商业银行应该优化调整客户结构以维持信贷业务相对较高的净利差水平;加强金融创新以提高非信贷业务收入比重;依托特色经营打造差异化的竞争优势。%Based on the relevant data of 2005 to 2014 from five large state-owned commercial banks, an economet-ric analysis is made on the impact of the income structure of the state-owned commercial banks on their profitability by using the panel regression model. The results show that the net profit of the state-owned commercial banks is very sensitive to the changes of the net interest margin;the contribution of the income of intermediate services to the net profit of the state-owned commercial banks is more than that of net interest margin. Therefore, it’ s necessary for the state-owned commercial banks to optimize and adjust the customer structure for maintaining relatively high net profit level in terms of credit business, strengthen financial innovation to improve the proportion of non credit business in-come;and rely on the special-featured business to create competitive advantage.

  1. 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...

  2. 12 CFR 1511.4 - Creation of Participant's Security Entitlement; security interests.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Creation of Participant's Security Entitlement... CORPORATION BOOK-ENTRY PROCEDURE § 1511.4 Creation of Participant's Security Entitlement; security interests... to secure deposits of public money, including without limitation deposits to the Treasury tax and...

  3. Extending taxation of interest and royalty income at source: An option to limit base erosion and profit shifting?

    OpenAIRE

    Finke, Katharina; Fuest, Clemens; Nusser, Hannah; Spengel, Christoph

    2014-01-01

    This paper discusses tax policy measures to reduce corporate tax avoidance by extending taxation in the source country without imposing double taxation. We focus on four options: Bilaterally restricting interest and royalty deductibility, introducing an inverted tax credit system, levying withholding taxes on all interest and royalty payments and levying withholding taxes as an anti-avoidance regulation. We calculate the tax revenue effects of introducing a minimum withholding ...

  4. 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...

  5. 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.

  6. 商业银行利率风险及其防范——基于2006-2010年7家上市银行数据的验证%Interest Rate Risk of Commercial Bank and Risk Prevention --A Volidation Based on the Data of 7 Listed Banks from 2006 to 2010

    Institute of Scientific and Technical Information of China (English)

    姚远

    2011-01-01

    本文以2006~2010年中国7家上市银行的数据为样本,运用利率敏感性缺口模型中的利率敏感性缺口、利率敏感性比率、缺口率和偏离度这四项指标进行实证分析。结果显示,商业银行一年期以上资产和负债匹配不均衡,面临较大的长期利率风险;同时,大型商业银行在防范利率风险方面存在“短借长贷”的现象。要防范利率风险,一方面,政府需要营造良好的防范利率风险的宏观经济环境,如大力发展货币市场,加快发展金融衍生品市场等;另一方面,商业银行需要构建高效的利率风险内部防范体系,如调整资产负债结构,大力发展中间业务和表外业务等。%Based on the samples of 7 listed banks' data from 2006 to 2010 and the four indicators in rate-sensitive gap model ,rate-sensitive gap ,rate-sensitive ratio, gap ratio and deviation, the empirical analysis of this paper shows that: commercial banks' assets and liabilities more than one-year do not match and the banks face great long-term interest rate risks; the new joint-stock commercial banks are more flexible than large commercial banks in interest rate risk management and there is a "short-term borrowing V.S. long-term lending" phenomenon in large banks. To prevent interest rate risk, on the one hand, the government should create a favorable macro-economic environment, and on the other hand, commercial banks need to build effective internal prevention system for interest rate risk, such as adjusting balance sheet structure, developing intermediate busi- ness and off-balance sheet business.

  7. 中小商业银行适应利率市场化的对策研究%Study on the Small and Medium-sized Mommercial Banks to Adapt to the Marketization of Interest Rate

    Institute of Scientific and Technical Information of China (English)

    廖原; 牛润盛

    2014-01-01

    利率市场化使利差收窄,利率波动幅度和变频加大,对中小商业银行的经营管理提出更高的要求。研究结果表明,利率市场化使中小商业银行面临利差收入持续减少、风险管理难度增加、科学定价能力不足、资本补充渠道有限、经营管理风险凸显等问题。为此,中小商业银行须完善内部制度,实施集约化经营管理;加强金融创新,优化资产负债期限结构;提高科学定价能力和管理水平;利用区位优势,走差异化特色经营道路;完善商业银行资本补充机制,引导民间资本进入。%The interest rate market-oriented spreads narrowed, interest rate lfuctuation amplitude and frequency increase, put forward higher requirements for the management of small and medium commercial banks. The results show that, the interest rate market-oriented small and medium-sized commercial banks face the problem of spread income continued to decline, the risk management dififculty increases, the scientiifc pricing ability is insufifcient, capital supply channel Co., risk management highlights. Therefore, the small and medium-sized commercial banks shall improve the internal system, the implementation of intensive management; strengthen financial innovation, optimizing the term structure of assets and liabilities; improve the scientiifc pricing ability and management level; the use of regional advantages, take poor dissimilation characteristic management road;perfecting commercial bank capital replenishment mechanism, guiding the private capital entering the.

  8. 银行信贷、利率调整对房地产价格的影响分析%An Analysis of the Impact of Bank Credit and Interest Rate Adjustment on Real Estate Price

    Institute of Scientific and Technical Information of China (English)

    费磊

    2012-01-01

    Taking the case of R city, the paper makes a combination of empirical study and comparative study on the relationship of bank credit, interest rate adjustment and housing price fluctuations within different monetary policy period, with the method of vec- tor auto regression, cointegration test, granger causality test, impulse response functions and variance decomposition. The result shows that there is an equilibrium relationship between real estate price fluctuation and bank credit in the long term and bank credit impels re- al estate price fluctuation effectively. There are differences within different stages of monetary policy on the amplitude of effects. The amplitude of effects within the loose policy is relatively high. The impact of interest rate adjustment on real estate price fluctuation is mainly inhibitory.%本文以R市为例,运用向量自回归(VAR)、协整检验、格兰杰因果检验、脉冲响应(IRF)、方差分解等方法,对不同货币政策阶段房地产贷款、利率调整与房价波动的关系进行了实证研究与比较。结果表明:房地产价格波动和房地产信贷规模在长期存在稳定均衡关系,银行信贷对房地产价格波动具有重要的推动作用;不同货币政策阶段房贷对房价变动的影响幅度存在差异性,宽松货币政策阶段房贷对房价波动影响幅度相对较大;利率调整对房价上涨以抑制作用为主。

  9. 12 CFR 619.9130 - Differential interest rates.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Differential interest rates. 619.9130 Section 619.9130 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9130 Differential interest rates. An interest rate program under which different rates of interest may be...

  10. Intertemporal discoordination in the 100 percent reserve banking system

    OpenAIRE

    Baeriswyl, Romain

    2014-01-01

    The 100%-Money Plan advocated by Fisher (1936) has a Misesian flavor as it aims at mitigating intertemporal discoordination by reducing (i) the discrepancy between investment and voluntary savings, and (ii) the manipulation of interest rates by monetary injections. Recent proposals to adopt the 100 percent reserve banking system, such as the Chicago Plan Revisited by Benes and Kumhof (2013) or the Limited Purpose Banking by Kotlikoff (2010), take, however, a fundamentally different attitude t...

  11. 12 CFR 269a.2 - Party in interest.

    Science.gov (United States)

    2010-01-01

    ... employees of a bank or that is or was recently a party to a collective bargaining agreement with a bank... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Party in interest. 269a.2 Section 269a.2 Banks... employees, labor organization, or bank that will be or is directly affected by the resolution of any charge...

  12. 78 FR 67118 - Notice of Limited, Program-Wide, Public Interest Waivers of Section 1605(a) (Buy American...

    Science.gov (United States)

    2013-11-08

    ... existing safety and security systems. Both program-wide, public interest waivers of the Buy American... construction project into the recipient's existing safety and security systems (Safety and Security Systems... incidental items, the country of manufacture and the availability of domestic alternatives are not...

  13. 我国利率市场化的渐进过程及对商业银行的影响%The Analysis on the Gradual Process of Interest Rate Liberalization and How Affecting the Performance of Commercial Banks in China

    Institute of Scientific and Technical Information of China (English)

    张丽; 程娟; 赵海华

    2012-01-01

    The reform of interest rate liberalization is one of the important parts in financial system reform in China.The gradual mode is the rational option considering the financial conditions and economy background in China.By now the reform has been accomplished in money market,bond market and foreign exchange deposit and loan market.In future it is thought to be the next step for interest rate liberalization to deregulate the upper limit of RMB deposit rate and the lower limit of RMB loan rate gradually.As expected the People's Bank of China adjusted the limits of interest rate of RMB deposit and loan in this year.In the second half of the article we analyzed how the above adjustment affected the performance of commercial banks in quantitative respect based on the financial statement of commercial banks in year 2011.%利率市场化改革是我国金融体制改革的重要内容。基于我国的基本国情,"渐进模式"是我国利率市场化的理性选择。目前我国已经先后完成了货币市场、债券市场以及外币存贷款市场的利率市场化,未来改革的重点是逐步放松对人民币存款利率上限和贷款利率下限的管制。2012年中国人民银行先后对人民币存款利率上限和贷款利率下限进行了调整,文章根据银行2011年的财务报表数据量化分析了这两项调整对商业银行利息净收入和净利润的影响。

  14. Short-Term Effects of Foreign Bank Entry on Bank Performance in Selected CEE Countries

    OpenAIRE

    Janek Uiboupin

    2005-01-01

    This paper analyses the short-term impact of foreign bank entry on bank performance in ten Central and Eastern European countries. A panel of 319 banks was analysed over the period 1995–2001. The Arellano-Bond dynamic panel estimation technique was used. The results indicate that foreign bank entry is associated with lower beforetax profits, non-interest income, interest income on interest earning assets and loan loss provisions. Foreign bank entry tends to increase the overhead costs of loca...

  15. 12 CFR 619.9180 - Fixed interest spread.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Fixed interest spread. 619.9180 Section 619.9180 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9180 Fixed interest spread. A percentage to be added to the cost of money to the bank or association as the means...

  16. 12 CFR 615.5135 - Management of interest rate risk.

    Science.gov (United States)

    2010-01-01

    ... agricultural credit bank shall develop and implement an interest rate risk management program as set forth in... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Management of interest rate risk. 615.5135 Section 615.5135 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND...

  17. 利率市场化与商业银行存款战略转型%Liberalization of Interest Rate and Strategic Transformation of Deposit of Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    李蕊; 王定祥

    2014-01-01

    本文首先探究了利率市场化改革的缘由,然后分析了利率市场化对我国商业银行存款业务的影响,最后提出了商业银行存款业务战略转型对策。研究表明:利率市场化改革有助于提高商业银行存款业务经营管理水平,推动金融产品创新,为商业银行创造公平竞争环境,但也加剧了商业银行间的存款竞争,增大了存款数量的波动性,使商业银行的存款定价能力面临挑战。为此,商业银行必须转变存款经营思路,重视存款保险的作用,创新存款产品,建立合理的存款定价模型。%This paper explores the necessity of our interest rate liberalization reform,investigates the likely impact of reform on commercial banks’ deposit business and gives some suggestions to commercial banks on performing the strategic transformation. We find that the liberalization will likely help improve the management of deposit business, promote the innovation of financial products in commercial banks and create a fair environment for competition among financial institutions. However,it also causes greater competitions,higher elasticity of deposit supply and more impor-tantly,it highlights the problem of deposit list price which is at the core of commercial bank management processes. To handle the impact of interest rate liberalization, commercial banks should change deposit management principles, put emphasis on the deposit insurance, innovate deposit products and set up proper deposit list price models.

  18. Perilaku Konsumsi Upaya Meningkatkan Potensi Produk Deposito di Bank Syariah

    Directory of Open Access Journals (Sweden)

    Tri Mulanto

    2016-12-01

    Full Text Available Perbankan syari’ah saat ini telah memiliki payung hukum yang kuat dengan hadirnya undang-undang nomor 21 tahun 2008 tentang perbankan syari’ah. Hal ini sangat berpengaruh terhadap eksistensi dari perbankan syari’ah yang semakin diminati oleh banyak kalangan.Bank syari’ah membutuhkan dana dalam menjalankan produk pembiayaannya. Deposito merupakan salah satu produk penghimpunan di bank syariah. Deposito di bank syariah terus mengalami pertumbuhan. Walaupun demikian bank syariah tetap harus meningkatkan produk deposito, untuk mencapai market share 5 persen. Untuk meningkatkan volume deposito bank syariah perlu memahami bentuk perilaku konsumsi masyarakat. Dari data yang ada kontribusi dana pihak ketiga bank syariah diberikan oleh produk deposito sebesar 71,15 persen.Penulisan ini menggunakan jenis deskriptif kualitatif, Batasan dalam tulisan ini difokuskan pada produk deposito di bank syari’ah perilaku konsumen.Tulisan ini menggunakan studi pustaka kajian dari berbagai sumber. Hasil dari tulisan ini bahwa deposito di bank syariah terus mengalami perkembangan, pada tahun 2015 pertumbuhan deposito di bank syariah mencapai 4,12 persen. Perilaku konsumsi memiliki banyak faktor dan bisa memberi pengaruh terhadap peningkatan produk deposito di bank syariah. Sehingga bank syariah perlu memahami perilaku konsumsi masyarakat dalam upaya meningkatkan potensi pengembangan produk deposito di bank syariah.potensi pengembangan produk pembiayaan mudharabah di bank syari’ah masih sangat besar.Potensi pengembangan produk deposito masih sangat besar dan sangat luas. Bank of Shariah now has a solid legal with the presence of the law number 21 in 2008 about Bank of Shariah.  This adversely affects the existence of the Shari'ah Bank that increasingly catches interest many people. Bank of Shari'ah requires funds in running financing products. Deposits are ones’ product accumulation in Islamic banks. Deposits in Islamic banks continued to grow

  19. The Troubling Economics and Politics of Paying Interest on Bank Reserves: A Critique of the Federal Reserve’s Exit Strategy

    OpenAIRE

    Thomas I. Palley

    2010-01-01

    The Federal Reserve has recently activated its newly acquired powers to pay interest on reserves of depository institutions. The Fed maintains its new policy increases economic efficiency and intends it to play a lead role in the exit from quantitative easing. This paper argues it is a bad policy that (1) has a deflationary bias; (2) is costly to taxpayers and that cost will increase as normal conditions return; and (3) establishes institutional lock-in that obstructs desirable changes to reg...

  20. Message banking: Perceptions of persons with motor neuron disease, significant others and clinicians.

    Science.gov (United States)

    Oosthuizen, Imke; Dada, Shakila; Bornman, Juan; Koul, Rajinder

    2017-07-31

    Message banking is an intervention strategy that has the potential to facilitate effective communication for people with motor neuron disease when their condition deteriorates to the extent that they cannot communicate using natural speech. The aim of the current study was to determine and compare the perceptions on message banking of three stakeholder groups, namely, persons with motor neuron disease, their significant others and speech-language pathologists. A comparative group survey design was used. Participants listened to a short presentation about message banking, after which they individually completed a questionnaire. Although most participants reported that they had never heard of message banking, all were interested in it. The survey results revealed statistically significant differences between the various groups of stakeholders regarding the relevance of message banking and types of messages to bank. The study concluded that there is limited awareness about message banking amongst all participant groups.

  1. CUSTOMERS CATEGORIES AND TYPES OF BANKING SERVICES

    Directory of Open Access Journals (Sweden)

    DANIELA SIMONA DIMITRIU

    2012-01-01

    Full Text Available For a bank it is advantageous to have different types of clients because, as will receive deposits and provide loans for both business and individuals. The difference between the interest charged by banks and they are paid gross banking profit, following recovery, by the bank, business development potential offered by customers, resulting in advantages for both bank and customer. Customer benefits can be considered: the safety of deposits held at banks; interest received for them; that the money held in bank accounts can be returned at any time upon request; transfers of money to them, instead of wearing them large sums of cash.

  2. 基于利率市场化的商业银行风险控制对策探讨%Discussion about the countermeasures to control the risk of commercial bank based on the marketization of interest rate

    Institute of Scientific and Technical Information of China (English)

    赖简生; 肖祖芳

    2013-01-01

    The marketization of interest rate is the inevitable requirement of market economy development,is the target of reform of in-terest rate management system in china. Based on the current interest rate marketization idea and process gradually clear,should ac-tively create conditions to promote market-oriented interest rate reform process,prevent and resolve risks hidden in the process of in-terest rate marketization. According to the actual situation and the successful experience of foreign countries in China,put forward the countermeasure of commercial banks in the process of market-oriented interest rate reform in China risk control management.%  利率市场化是市场经济发展的必然要求,是我国利率管理体制改革的既定目标。在当前利率市场化的思路和进程逐渐明晰的前提下,应积极创造条件以推进利率市场化改革的进程,防范和化解利率市场化进程中隐藏的各种风险。根椐中国的实际情况及国外成功经验,提出我国在利率市场化改革进程中商业银行风险控制管理的对策。

  3. KONSEP PENGATURAN PENJAMINAN SIMPANAN NASABAH PADA BANK SYARIAH

    Directory of Open Access Journals (Sweden)

    Danang Wahyu Muhammad

    2016-01-01

    Full Text Available Fund Guarantor Institution (LGI does not yet have Syariah scheme as a distinguishing feature of Sharia-based society fund guarantee. Meanwhile, the existing Government Regulation, that is PP No. 39 Year 2005 about Bank Customer Fund Guarantee based on Sharia Principles, is very simple so that it is not sufficient and does not cover Islamic Banks. Based on the background, the problem formulation in this research is “What is the concept of customer fund guarantee regulation like in Islamic Banks?” The objective of this research is to make a concept about customer fund guarantee regulation in Islamic Banks.The type of this research is juridical normative that is doctrinal, with law and conceptual approach method. As a doctrinal law research, this research will only review legal materials; primary legal materials, secondary legal materials, and non-legal materials. The analysis of this research uses prescriptive method.The conclusion of the research is that in Banking Operation Principles in Indonesia there are two types of banks; conventional and Islamic bank, where both types use different systems. As a consequence, in principle, the institution that guarantees the customer fund should be distinguished. This is based on some considerations :Islamic Banks proscribes bank interest, because of that they do not use bank interest mechanism in its operation, therefore the institution that guarantees its customer fund should not use bank interest mechanism.In its operational systems, Islamic Banks use covenants that have been determined according to Islamic Fiqh, so the institution that guarantees its customer fund should base its operation system to the covenant that is based on Islamic Fiqh. Islamic Banks are limited by what may be done and what may not be done based on Islamic Fiqh, determination, so the institution that guarantees its customer fund should base its operational on the same determination.Therefore, there will be a consistency

  4. 12 CFR 619.9340 - Variable interest rate.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Variable interest rate. 619.9340 Section 619.9340 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9340 Variable interest rate. An interest rate on the outstanding loan balances, which may be changed from time to...

  5. 12 CFR 619.9170 - Fixed interest rate.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Fixed interest rate. 619.9170 Section 619.9170 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9170 Fixed interest rate. The rate of interest specified in the note or loan document which will prevail as the...

  6. Limiter

    Science.gov (United States)

    Cohen, S.A.; Hosea, J.C.; Timberlake, J.R.

    1984-10-19

    A limiter with a specially contoured front face is provided. The front face of the limiter (the plasma-side face) is flat with a central indentation. In addition, the limiter shape is cylindrically symmetric so that the limiter can be rotated for greater heat distribution. This limiter shape accommodates the various power scrape-off distances lambda p, which depend on the parallel velocity, V/sub parallel/, of the impacting particles.

  7. The Impact of Perceived Usefulness, Perceived Ease of Use, Subjective Norm, and Experience Toward Student’s Intention to Use Internet Banking

    Directory of Open Access Journals (Sweden)

    Kevin Danurdoro

    2016-03-01

    Full Text Available The development of internet in Indonesia is quite fast and the majority of users are students. Internet growth made every fields include banking provided internet based service that called internet banking. The purpose of this research is to explore the factors that affect student’s intention to use internet banking by used the combination model of TAM (Technology Acceptance Model. Independent variables used in this research are Perceived Usefulness, Perceived Ease of Use, Subjective Norm, and Experience. While the dependent variable is Student’s Intention to Use Internet Banking. The results show that perceived ease of use and experience are significantly influence students to use internet banking and perceived usefulness and subjective norm are unsignificantly influence students to use internet banking. The usefulness of internet banking did not make the students feel interested to use internet banking, one of the reasons is usefulness of internet banking is limited to non-cash transaction

  8. 银行降息对寿险业的影响及供求模型分析%Impact on Life Insurance from Reduction of the Bank's Interest Rate and Analysis on Supply and Demand Model

    Institute of Scientific and Technical Information of China (English)

    肖文

    2001-01-01

    宏观经济因素对保险业的发展起了重要的作用。自1996年以来,中国经济政策导向已由治理通货膨胀转向刺激需求,三年多来,央行七次降息,对保险业的影响巨大。本文主要探讨降息对寿险业的影响,分析了降息引发的寿险业变革的原因,并就转型期寿险市场的有效启动提出了一些建议。%The factors of macro-economy have played a very. imaportant role in the development of insurance industry. Since 1996,China's economic policy has been directed from curbing inflation to stimulating demand. The central bank has reduced interest rate seven times in the past three years, which has exerted a great influence on insurance. The present article seeks for the impact on life insurance from reduction of interest rate, analyses causes of transformation in life insurance resulted from reduction of interest rate,and gives some proposals on effective stipulation of life insurance market during the transitional period. As one of the hot topics on instrance market, the above study will make a great contribution to the development and readjustment of China' s insurance industry.

  9. Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey

    Directory of Open Access Journals (Sweden)

    Deger Alper

    2011-04-01

    Full Text Available The aim of this study is to examine the bank-specific and macroeconomic determinants of the banks profitability in Turkey over the time period from 2002 to 2010. The bank profitability is measured by return on assets (ROA and return on equity (ROE as a function of bank-specific and macroeconomic determinants. Using a balanced panel data set, the results show that asset size and non-interest income have a positive and significant effect on bank profitability. However, size of credit portfolio and loans under follow-up have a negative and significant impact on bank profitability. With regard to macroeconomic variables, only the real interest rate affects the performance of banks positively. These results suggest that banks can improve their profitability through increasing bank size and non-interest income, decreasing credit/asset ratio. In addition, higher real interest rate can lead to higher bank profitability.

  10. Interesting Interest Points

    DEFF Research Database (Denmark)

    Aanæs, Henrik; Dahl, Anders Lindbjerg; Pedersen, Kim Steenstrup

    2012-01-01

    on spatial invariance of interest points under changing acquisition parameters by measuring the spatial recall rate. The scope of this paper is to investigate the performance of a number of existing well-established interest point detection methods. Automatic performance evaluation of interest points is hard......Not all interest points are equally interesting. The most valuable interest points lead to optimal performance of the computer vision method in which they are employed. But a measure of this kind will be dependent on the chosen vision application. We propose a more general performance measure based...... position. The LED illumination provides the option for artificially relighting the scene from a range of light directions. This data set has given us the ability to systematically evaluate the performance of a number of interest point detectors. The highlights of the conclusions are that the fixed scale...

  11. Overcoming x-ray tube small focal spot output limitations for high resolution region of interest imaging

    Science.gov (United States)

    Gupta, Sandesh K.; Jain, Amit; Bednarek, Daniel R.; Rudin, Stephen

    2012-03-01

    We investigate methods to increase x-ray tube output to enable improved quantum image quality with a higher generalized-NEQ (GNEQ) while maintaining a small focal-spot size for the new high-resolution Micro-angiographic Fluoroscope (MAF) Region of Interest (ROI) imaging system. Rather than using a larger focal spot to increase tubeloading capacity with degraded resolution, we evaluated separately or in combination three methods to increase tube output: 1) reducing the anode angle and lengthening the filament to maintain a constant effective small focal-spot size, 2) using the standard medium focal spot viewed from a direction on the anode side of the field and 3) increasing the frame rate (frames/second) in combination with temporal filter. The GNEQ was compared for the MAF for the small focal-spot at the central axis, and for the medium focal-spot with a higher output on the anode side as well as for the small focal spot with different temporal recursive filtering weights. A net output increase of about 4.0 times could be achieved with a 2-degree anode angle (without the added filtration) and a 4 times longer filament compared to that of the standard 8-degree target. The GNEQ was also increased for the medium focal-spot due to its higher output capacity and for the temporally filtered higher frame rate. Thus higher tube output, while maintaining a small effective focal-spot, should be achievable using one or more of the three methods described with only small modifications of standard x-ray tube geometry.

  12. 基于RAROC模型的商业银行授信额度研究%A Study on the Loan Limitation of Commercial Bank Based on RAROC Model

    Institute of Scientific and Technical Information of China (English)

    刘振华; 谢赤

    2012-01-01

    Commercial banks are profitable enterprises engaging in deposit, loan and other intermediary busi- ness. Managing and controlling the credit business is a basic job for commercial banks' operation management and risk management. However, there are some problems in the process of commercial banks' carrying out credit busi- ness, such as a great many of non-performing loans, bad money and widely centralized credit and so on. Such problems are usually resulted from commercial banks' inability or unreasonable to determine loan limitation that they should give to a certain single company. Therefore, scientifically and rationally determining the loan limitation is one of important contents for commercial banks' carrying out credit management. Improving the accuracy of the loan limitation measurement model is conducive to increase the operating performance of commercial banks and reduce their risk exposure. As the most important customers, companies can exert a vital effect on banks' deposit, loan and intermediary business. Therefore, it attracts more and more attention from academy and industry circles. Nowa- days, most of commercial banks adopt the asset-liability ratio method to determine the loan limitation. However, such a method has some drawbacks owing to its only considering customers' asset-liability ratio. Apart from the as- set-liability ratio method, scholars also have developed other models to measure loan limitation based on the infor- mation asymmetry between commercial banks and customers, the credit rating's nonlinear effect on loan limitation and the customers' capital needs. Based on reviewing the existing relevant literatures, the paper finds that there are still some deficiencies in the existing models as follows. Firstly, most of the models determining loan limitation only consider the credit rate, asset quality, financial conditions and capital need of company customers without paying attention to commercial banks' earnings and risk. Secondly

  13. The Influence of Business Diversification of Chinese Commercial Banks on Net Interest Margins%中国商业银行业务多元化对净利差的影响研究

    Institute of Scientific and Technical Information of China (English)

    隋聪; 纪兴宇; 迟国泰

    2014-01-01

    随着中国利率市场化改革的不断深入,商业银行传统的资产和负债类业务竞争越来越激烈。为了实现利润增长,商业银行发展传统业务与非传统业务相结合的业务多元化模式非常重要。本文定义了两个层面的业务多元化,并研究了业务多元化对净利差的影响。通过引入变量非利息收入占比反映非传统业务的发展程度,揭示非传统业务对传统业务净利差的影响。通过引入变量交易及金融衍生品收入占比和手续费及佣金收入占比,反映不同种类的非传统业务多元化对净利差的影响。本文采用2003~2010年80家中国商业银行的非平衡面板数据进行实证分析。研究发现,中国商业银行传统业务(净利差)与非传统业务(非利息收入)间存在交叉销售的现象。与交易及金融衍生品业务相比,手续费及佣金业务对传统业务(净利差)的影响更加明显。商业银行的交叉销售主要来自于手续费及佣金业务。%With the deep development of China's interest rate liberalization, the competition of traditional assets and liabilities business among commercial banks has become more and more intense. So it is necessary and important for them to develop the business diversification combining traditional activities with nontraditional ones in order to increase the prof-its. This paper defines two levels of diversification and researches the influence of diversification on net interest margins. We introduce the non-interest income to reflect the development of non-traditional activities and reveal the influence of non-traditional activities on net interest margins. We introduce trading&derivatives income and fees&commission income to reflect the influence of different non-traditional activities on net interest margins. This paper uses the unbalanced panel data from 2003 to 2010 of 80 Chinese commercial banks for empirical analysis. The results show that there is

  14. 银政企视阈下利率市场化的影响分析%Analysis on the Impact of Interest Liberalization in the Perspective of Banks, Government, and Enterprises

    Institute of Scientific and Technical Information of China (English)

    古小刚

    2014-01-01

    Interest Liberalization is not only an important reform of China’s financial system, but also a big change of the current pattern of interest distribution. How to cope with the opportunity and challenges is an urgent task, especially for commercial banks, local governments, and enterprises to take precautions.%利率市场化是当前我国深化金融体制改革的一项重要举措,更是深层次利益分配的一次重大变革,如何应对其所带来的机遇与挑战是当前亟需解决的重要课题,通过厘清思路,提前规划布局,对于银行、企业和地方政府做好应对处理工作具有重要的指导意义。

  15. The Effect of Foreign Bank Presence on Domestic Banks Performance: An Evidence from a Developing Economy

    Directory of Open Access Journals (Sweden)

    Usman Bashir

    2014-04-01

    Full Text Available This study examines the effect of foreign bank presence on the behaviour of domestic banks by using the annual data of 37 commercial banks comprising of 7 foreign and 30 domestic banks for the time period of 2007 to 2011. We investigated how net interest margin, return on assets, overhead costs, cost to income and nonperforming loans are effected by the foreign bank presence. We have used panel regression analysis employing bank specific fixed effect model. As a developing country case, the results suggest that the increase in foreign bank share effects the interest margins and profitability of domestic banks in a decreasing manner. It wouldn't be erroneous to express that foreign banks have a positive effect on the competitive environment of domestic banks increasing overall banking standard in Pakistan, the licensing policies should be further liberalized to let new entrants further improve the domestic financial intermediation system.

  16. 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.

  17. 利率市场化背景下的商业银行信贷资产证券化%Commercial Bank Credit Assets Securitization under the Background of Interest Rate Marketization

    Institute of Scientific and Technical Information of China (English)

    赵晓娜

    2015-01-01

    Accelerating Interest rate marketization making the traditional business model of commercial Banks in China meet a big challenge, and the launch of the securitization of credit assets can increase the intermediary business income, increase profits, is an important choice of transformation of commercial bank management pattern. Based asset securitization of key to success is to produce the expected future cash flow, bring stable returns to investors. The choice of the underlying asset is very important. The basis of the asset securitization of credit assets is not only to underlying asset must have a certain scale and scattered, but guidance and profitability, pay attention to cooperate with the national industrial policy.%利率市场化加速推进使我国商业银行传统的经营模式遇到很大的挑战,而信贷资产证券化的推出能够增加中间业务收入,增加利润来源,是商业银行转换经营模式的重要选择。资产证券化的成功关键是基础资产要产生稳定可预期的未来现金流,给投资者带来稳定的回报。基础资产的选择至关重要。信贷资产证券化的基础资产不仅要基础资产必须具备一定的规模和分散,还要兼顾导向性和收益性,注重与国家产业政策的配合。

  18. 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.

  19. 12 CFR 412.9 - Conflict of interest analysis.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Conflict of interest analysis. 412.9 Section 412.9 Banks and Banking EXPORT-IMPORT BANK OF THE UNITED STATES ACCEPTANCE OF PAYMENT FROM A NON... the purpose of the meeting or similar event, the importance of the travel for Eximbank, the nature...

  20. 利率市场化背景下城商行经营分析--基于50家城商行的考察%The Performance Analysis of City Commercial Banks under the Background of Interest Rate Liberalization--Based on Reports of 50 City Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    陈一洪

    2016-01-01

    Based on the financial data of 50 city commercial banks in China from 2009 to 2014, this paper ex-plores the effect of interest rate liberalization on the performance of city commercial banks by dividing the operating per-formance into four aspects,namely,the asset-liability structure,profit characteristics,profitability and asset quality. The results show that the narrowed gap between deposit and loan interest caused by interest rate liberalization will in-crease rate of non deposit liability and non loan asset and cause the rise of credit risk. Meanwhile, as the profitability decrease, non-interest income ratio of city commercial banks gradually increases. However,the growth of non-inter-est income in the short term is still difficult to change the declining trend of the business income. City commercial banks need to strengthen the implementation of customer-focused strategy and foster the comparative advantages, strengthen the asset liability and liquidity management,improve the cost efficiency management to maintain profitability.%本文基于国内50家城商行2009—2014年的财务数据,从资产负债结构、盈利特征、盈利能力、资产质量四个主要层面,分析利率市场化对城商行经营绩效的影响。从资产负债结构来看,城商行资金来源结构中存款的比重明显下降,而非存款负债比重上升,为匹配负债成本的刚性攀升,城商行资产配置风险偏好上升,贷款在总资产中的比重持续下降;从收入结构看,提升非息收入占比成为多数城商行的策略选择,但非息收入的增长短期内仍难以改变营业收入增幅下滑的趋势,城商行盈利能力明显下降;伴随资产及客户结构的调整,城商行信用风险也不断上升,资产质量下滑。国内城商行需强化实施客户聚焦战略,培育比较优势,加强资产负债及流动性精细化管理,提升成本效率管理、保持盈利能力。

  1. The influence of bank employees on bank customer relationship management

    Directory of Open Access Journals (Sweden)

    C. Rootman

    2007-12-01

    Full Text Available Purpose: Despite extensive research in services marketing, much is still unknown to specific service providers on the influence of their employees on their services. This paper attempts to address this limitation and investigates the influence of employees on the customer relationship management (CRM of banks. The primary objective of this paper is to investigate the influence of selected independent variables, namely attitude and knowledgeability, on the CRM of banks.Design/Methodology/Approach: An empirical investigation was conducted with a structured questionnaire with items that related to banks' CRM in terms of attitude and knowledgeability. The sample consisted of 290 banking clients in the Nelson Mandela Metropolitan area and the response rate was 91.03%. Findings: Significant positive relationships exist between both the knowledgeability, and attitude of bank employees and a bank's CRM. These relationships imply that more extensive knowledgeability and more positive attitudes of bank employees lead to improved, maintained relationships between a bank and its clients. Employees play an important role in banks’ client relationships. Implications: Banks should focus on increasing their employees' knowledgeability and improving their attitude to ensure higher levels of CRM. This paper provides strategies for banks and could create greater awareness among South African banks of the advantages of CRM, how their employees influence their CRM, and ways to adapt to these influences. Originality/Value: No study has focused exclusively on CRM within banks in South Africa. Prior research focused on customer service and service quality; both possible results of superior CRM. However, this research differs, as it identifies the variables influencing CRM in banks in South Africa. It is proposed that this paper will be beneficial for South African banks, as the recommendations may be used to ensure higher levels of CRM in banks.

  2. Banking on Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Timothy Rice

    2015-10-01

    Full Text Available This exploratory study set out to understand the true value of Corporate Social Responsibility (CSR in the banking sector. Businesses, including banks, actively participate in CSR but the question of value still persists. What does the bank receive in return for participating in CSR? Do banks get more customers as a result of their CSR programmes? Do banks have a better customer retention rate because of their CSR programme? Will customers change banks purely because they disagree with their banks CSR programme? These were some of the issues addressed but due to the small sample size, the findings cannot be generalised. The study did not find any significant, positive nor negative relationship, between CSR and the bank customers; meaning the tests could not provide evidence that for instance CSR programmes should be targeted towards female customers or customers of a certain age or income bracket. More importantly 80% of the respondents did not consider CSR an issue that was important enough to affect their choice of banks. They will not switch banks purely based on a bank’s CSR programme. Understandably they were more interested in bank fees and interest rates. These issues directly affected their reason for choosing a particular bank. So the question of why banks, and presumably other businesses, still participate and spend a lot of money on CSR when their customers do not seem to place much value on it, still persists. The findings suggest that a much larger study on the topic is warranted. It will aid banks and other businesses decide on their role in corporate social responsibility. Whose needs are being satisfied by participating in CSR?

  3. 12 CFR 204.10 - Payment of interest on balances.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Payment of interest on balances. 204.10 Section... RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS (REGULATION D) § 204.10 Payment of interest on balances. (a) Payment of interest. The Federal Reserve Banks shall pay interest on balances maintained at...

  4. CARDHOLDERS' ATTITUDE AND BANK CREDIT CARD USAGE IN MALAYSIA: AN EXPLORATORY STUDY

    Directory of Open Access Journals (Sweden)

    Aizzat Mohd. Nasurdin

    2002-01-01

    Full Text Available The study is aimed at validating attributes that influence the differences in attitudes among active and inactive cardholders. By focusing on relevant attributes that have been identified, it is believed that credit card issuing banks can position themselves effectively via their marketing strategies to activate their existing cardholders' usage rate as well as to attract new active cardholders. Thirteen important attributes were used to measure credit cardholders' attitude. These attributes include acceptance level, credit limit, interest-free repayment period, annual fee, application approval period, ancillary functions, handling of cardholders' complaints, issuing bank image, gift/bonus to new applicants, card design, leaflet to describe the card,and advertising by the issuing bank. Acceptance level, credit limit, interest free repayment period, ancillary functions, handling of cardholders' complaints, bank image, and bank advertising were found to be the most important attributes that influenced cardholders' attitudes in distinguishing active from inactive cardholders. Based on the results of the study, several suggestions are forwarded to credit card issuing banks as a step to stimulate credit cardholders' usage level. Among these are to work closer with various retailers to promote the credit card payment mode, to provide adequate credit limit to cardholders, to extend interest free repayment period from 20 days to 30 days, to implement strategic alliances with firms involved in travelling, entertainment, insurance, and telecommunications and, to advertise more so as to create a brand name for the issuing bank.

  5. Factors Affecting Bank Switching Intentions in E-Banking

    Directory of Open Access Journals (Sweden)

    Leyla ÖZER

    2012-12-01

    Full Text Available The purpose of this research is to identify and examine the factors that contribute to bank switching intentions of e-banking customers and whether these intentions differ according to demographic characteristics (age, gender, education, marital status and income levels of customers. Regression results suggested that customer dissatisfaction, low service quality, high price, unfavorable bank reputation, limited product variety and involuntary switching factors were positively related to customers’ bank switching intentions in e-banking. On the other hand, promotion efforts were negatively related to customers’ switching intentions. In addition to this, bank switching intentions were revealed to be differing according to education levels. Bank switching intentions of well-educated customers were tend to be higher, while age, gender, marital status and income level didn’t make a difference on intentions. Based on the empirical results of current study, we will provide several theoretical and managerial implications in the area of service industry.

  6. 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:

  7. Introduction to Internet Finance's Promotion Role on Interest Rate Liberalization and Commercial Banks' Competition Strategy%浅谈互联网金融对利率市场化的推动和商业银行的竞争策略

    Institute of Scientific and Technical Information of China (English)

    吴骏; 杜琳琳

    2014-01-01

    Through the elaboration of the current Internet finance's promotion on bank interest rate Liberalization and the real measures that commercial banks take in dealing with the objective environment change, this article proposes the related strategies. Thus, game and fusion between commercial banks and the new financial forces in the process of interest rate liberalization jointly promote the comprehensive upgrade of China's financial industry.%本文通过阐述当前互联网金融对银行利率市场化的推动,以及各商业银行应对客观环境变化的现实举措,提出相关策略。从而,商业银行在利率市场化的过程中与新金融势力博弈和融合,共同推动我国金融业全面升级。

  8. QUALITY MANAGEMENT IN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Micuda Ion Dan

    2009-05-01

    Full Text Available Quality management banking perspective is extremely interesting, from the point of view of the activities specific, and of the permanent area competition improvement. Banks being aware of the quality problems also lead to the appearance and requirement of

  9. 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...

  10. The reasonable limit on the security obligation of Internet banking under the background of path dependence%路径依赖视野下网上银行安全保障义务的理性之维

    Institute of Scientific and Technical Information of China (English)

    曾维亮

    2012-01-01

    网上银行安全保障义务以普通经营者的安全保障义务为前提,只是因为网上银行的特殊性具有了一定的差异性。对于网络信息技术的路径依赖使得网上银行的风险处于动态的过程之中,其安全保障义务的合理限度必须在当前技术水平下,结合网上银行的特殊性,按照低概率事件的可能性,以一个正常认知能力的人可接受程度为限综合考虑各种因素加以判断。配套设施达标和防范措施到位是合理划定网上银行安全保障义务的重要标准。%The security obligation of Internet banking is based on the like obligations as ordinary operators, but it is different from the latter because of the particularity of Internet banking. Path dependence on the information technology leads the risks of Internet banking into a dynamic process. Reasonable limit of the security obligations must take various factors into consideration. Firstly the limit should base on the current scientific and technological level, combining with the particularity of Internet banking, and in accordance with the possibility of low-probability events. Moreover, it also should within the acceptable limits of a person who has a normal cognitive ability. Supporting facilities and protection measures in place is an important standard to reasonably delimit the security obligations of Internet banking.

  11. 人民币存款利率市场化对我国中小上市银行的影响分析%Analysis on the Impact of Liberalizing RMB Deposit Interest Rate upon Small & Medium-sized Listed Banks in China

    Institute of Scientific and Technical Information of China (English)

    周颖; 陈艳萍; 沈洲

    2014-01-01

    In order to study the problems existing in small and medium - sized listed banks in China regarding oper-ating capacity, profitability and interest rate risk management capability, first of all, prediction is made on the im-pact of liberalizing deposit interest rate upon profitability, assets and liabilities management capability and interest rate risk in small & medium - sized listed banks in China. Then the paper collects the panel data from eleven small and medium - sized listed banks in recent eight years, and conducts an empirical analysis on the impact of deposit interest rate liberalization upon profitability and interest rate risk. Finally, conclusion is drawn that deposit interest rate liberalization reduces interest spreads of deposit and loan, enhances the profitability of small and medium -sized banks, and imposes much higher requirements on the interest rate risk management.%为研究我国中小上市银行在经营能力、盈利能力和利率风险管理能力方面存在的问题,首先预测了存款利率市场化对中小上市银行盈利能力、资产负债管理能力和面临的利率风险的影响,然后收集了11家中小上市银行近8年的面板数据,从存款利率市场化对盈利能力和利率风险的影响两个方面进行了实证分析,最后得出结论:存款利率市场化缩减了存贷利差,增强了中小银行的盈利能力,同时也对其利率风险管理提出了更高要求。

  12. REVENUE DIVERSIFICATION, PERFORMANCE, AND BANK RISK: EVIDENCE FROM INDONESIA

    Directory of Open Access Journals (Sweden)

    Mutiara Nur Hafidiyah

    2016-12-01

    Full Text Available This paper examines the effect of revenue diversification on bank performance and bank risk by studying 101 conventional commercial banks in Indonesia over the period of 2010-2014 resulting in 505 observations. By employing panel least square technique, our results show that revenue diversification negatively affects bank performance. Moreover, it is found that diversified banks are riskier than specialized banks. The risk is diminished when state-owned banks diversify their business. Joint venture banks are riskier than other banks when they engage in non-interest income activities.

  13. Capital Requirements and Banks' Leniency

    DEFF Research Database (Denmark)

    Dietrich, J. Kimball; Wihlborg, Clas

    2003-01-01

    We investigate the effect of changes in capital regulation on the strictness(leniency) of loan terms using a simple model of bank capital requirements andasset quality examinations. Banks offer different levels of `leniency' in the senseof willingness to offer automatic extensions of loans...... in the presence of temporarypayment difficulties of borrowers. Banks offering lenient (less strict) loan termsmust have higher initial levels of capital and charge higher loan rates. Whencapital requirements are increased, both strict and lenient banks hold higher levelsof initial capital and they raise loan...... rates. As capital requirements increase thedifference between initial capital levels and between interest rates of strict andlenient banks decrease. Thus, higher capital requirements in recessions tend toreduce the interest rate premium paid for leniency. If a recession is interpreted asan increase...

  14. Market-Oriented Interest Rates

    Institute of Scientific and Technical Information of China (English)

    2012-01-01

    The People's Bank of China,the central bank,just took a major step in the market-oriented reform of interest rates,but it's difficult to say how far the govemment can go with the reform. The central bank cut deposit and lending interest rates by 0.25 percentage points and extended the floating range of the rates,in the hope of curbing the downward trend in economic growth.This is a strong signal to the market:The govemment is resolute in maintaining stable economic growth.

  15. 利率市场化背景下天津市中小型商业银行负债管理状况及问题%The Liability Management and Its Problems of Small and Medium-sized Commercial Banks of Tianjin City under the Background of the Interest Rate Marketization

    Institute of Scientific and Technical Information of China (English)

    杨彩丽

    2016-01-01

    随着利率市场化的不断推进,商业银行资金成本不断提高,净息差缩窄。在利差为主的盈利模式下,负债管理对资产管理有重要影响,也在很大程度上决定了商业银行的盈利能力。本文以天津市中小银行为样本,分析了在利率市场化背景下中小型商业银行负债管理的现状及存在的问题,提出了相关政策建议。%With the advancement of the interest rate marketization, the cost of the capital of commercial banks has been increasing, and the net interest margin has narrowed. Under the mode that the spread is the major mode of the profit, the liability management places an important influence on the asset management, and also determines to a large extent the profitability of commercial banks. Taking small and medium-sized banks of Tianjin city as samples, the paper analyzes the present situation and existing problems of the liability management of small and medium commercial banks under the background of the interest rate marketization, and puts forward relevant policy suggestions.

  16. Bank Regulation and Market Discipline around the World

    OpenAIRE

    2008-01-01

    This paper investigates the effectiveness of depositor discipline and its relationship with various bank regulations and supervisions using a panel of about 17,000 bank-year data during 1992-2002 around 60 countries. We first theoretically show that bank regulations affect deposit interest rate and its sensitivity to bank risk through the bank insolvency risk and the fraction of deposit protection, among others. Then we find empirical evidence that strict regulations on bank activities and po...

  17. Driving factors behind O/N interbank interest rates – the Hungarian experiences

    OpenAIRE

    Szilárd Erhart

    2005-01-01

    This study examines overnight (O/N) interest rates which constitute the short end of the yield curve and the factors which have an impact on such rates. The MNB, unlike several other central banks, does not have a direct overnight interest rate target; it does, however, limit the divergence of O/N interest rates from its policy rate with the settings of its operational framework. First, the MNB’s regulations on compulsory reserves allow banks to apply averaging in the reserve maintenance peri...

  18. 非利息收入对城商行绩效影响的实证研究--基于23家大型城商行2008-2013年面板数据分析%Empirical Study on Influence of Non-Interest Income to City Commercial Banks ’Performance--Based on 2008-2013 Panel Data of 23 Large-sized City Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    陈一洪

    2015-01-01

    非利息收入占营业收入的比重以及多元化指数是衡量城商行非利息收入的两个重要指标。基于国内23家大型城商行2008—2013年的普通面板数据,将这两个指标纳入非利息收入对城商行绩效影响的面板数据模型中,运用面板数据随机效应模型可以考察大型城商行非利息收入对其经营绩效的影响。实证研究发现,无论是非利息收入占营业收入的比重,还是多元化经营指数,都与大型城商行经营绩效(ROA和ROE)之间存在显著的线性正相关关系。大型城商行通过大力发展中间业务、拓宽收入渠道、多元化其收入结构的同时,降低了盈利能力对存贷利差的依赖性,并有效地弥补了利率市场化加速背景下城商行净利息收入增速下滑造成的利润缺口。大型城商行还需契合资本市场及实体经济发展需求,重点强化新型、高附加值中间业务拓展,拓宽中间业务增收渠道、优化收入结构,并着力提升信息技术及人才支撑,构建支持中间业务发展的良性机制,实现中间业务的可持续发展。%s:This paper introduces both ratio of non-interest income to operating income and diversification in⁃dex to study the impact of non-interest income on city commercial banks ’performance. Based on a panel data of 23 large-sized city commercial banks in China from 2008 to 2013 ,we investigate effects of the non-interest income on bank performance by using panel data model empirical methods. The results show that the propor⁃tion of non-interest income and diversification is benefit to improve city commercial banks ’performance. Large-sized city commercial banks may reduce the dependence of profitability on the interest by developing in⁃termediary business. Policy recommendations of diversification are proposed on the basis of rapid development of capital market and the development trend of bank ’s intermediary business

  19. 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....

  20. Halcyon Days of the Banks?

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    With limited exposure to the global financial crisis, Chinese banks have remained profitable for the past three quarters while the rest of the world has groaned under the spreading global financial turmoil, China’s banking industry reported another season of good harvest when 14 listed banks all managed to secure high net profit growth in the first three quarters of this year. According to their quarterly reports, the 14 banks reaped a total of 334.1 billion yuan ($49 billion) in net profit during the period,

  1. LOAN LIMIT ANALYSIS OF DOWN-RISK-AVERSE BANK BASED ON SUPPLY CHAIN FINANCIAL INNOVATION%供应链金融创新中下侧风险规避银行的贷款额度分析

    Institute of Scientific and Technical Information of China (English)

    李毅学; 冯耕中; 屠惠远

    2009-01-01

    This paper focuses on loan limit indicator of seasonal inventory financing in supply chain financial innovation. According to the "corporate and debt" method in trade credit and based on the logistic features of consigning-supervision mode and the relevant cost-benefit structure, this paper analyzes cash flow statement of borrowers. Then, this paper assumes downside-risk-averse banks instead of risk-neutral banks discussed in existing literature, and analyzes loan limit consistent to risk tolerance level of banks in seasonal inventory financing. The results show that downside-risk limits can control the risk of seasonal inventory financing and make the loan consistent to risk tolerance level of banks.%针对供应链金融创新中季节性存货质押融资业务的重要风险控制指标-贷款额度展开研究,首先借鉴贸易融资中"主体+债项"的风险评估思路,考虑委托监管模式的物流特征及成本收益结构,分析了借款企业的现金流状况及其性质;进而,将已有相关研究关于银行风险中性的假设拓展到银行下侧风险规避,分析了季节性存货质押融资中符合银行风险容忍水平的最高贷款额度.研究表明:下侧风险限制能够有效控制季节性存货质押融资业务的风险,使贷款符合银行设置的风险容忍水平.

  2. ELECTRONIC BANKING AS ANS COMPETITIVE EDGE FOR COMMERCIAL BANKS OF PAKISTAN: ROE MODEL

    Directory of Open Access Journals (Sweden)

    Sundas Rauf

    2013-12-01

    Full Text Available The impact of electronic banking on the profitability of commercial banks has been measured by developing the integrated model based on Return on Equity for the period of 2002 to 2012. Three major banks named as National Bank of Pakistan, Habib Metropolitan Bank, and Askari Bank Limited have been incorporated into the sample of this study, by applying the Ordinary Least Square (OLS , it has been concluded that services of E-Banking have significant impact on the profitability of recent adopters in terms of Return on Equity.

  3. The main business of the four state-owned commercial banks of China

    Institute of Scientific and Technical Information of China (English)

    杨恺平

    2012-01-01

      The state-owned banks have been increasingly dependent on traditional business in the last decade, due to the high Net Interest Spread (NIS) and the growing scale of loan business. This dependency is a potential bomb for the profitability of the banks and has also limited the development of intermediate business, which poses huge threat to the international competitiveness of the state-owned banks. The lagging development of intermediate busines is caused by not only the government regulation, but also the lack of creativity, domestic demand, advanced technology and highly-educated staf . Immediate measures must be taken to improve the situation.

  4. Tax Evasion and Swiss Bank Deposits

    DEFF Research Database (Denmark)

    Johannesen, Niels

    Bank deposits in jurisdictions with banking secrecy constitute an effective tool to evade taxes on interest income. A recent EU reform reduces the scope for this type of tax evasion by introducing a source tax on interest income earned by EU residents in Switzerland and several other jurisdictions...

  5. 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.

  6. The role of banks, non- banks and the centralbank in the money creation process

    National Research Council Canada - National Science Library

    2017-01-01

    ... and growth in the broader monetary aggregate. From the perspective of banks, the creation of money is limited by the need for individual banks to lend profitably and also by micro and macroprudential regulations...

  7. 12 CFR 616.6100 - Purchase and sale of interests in leases.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Purchase and sale of interests in leases. 616.6100 Section 616.6100 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LEASING § 616.6100 Purchase and sale of interests in leases. (a) Authority to buy interests in leases. A Farm...

  8. 新常态下我国商业银行贷款利率定价机制探讨%An investigate of the pricing mechanism of China’s commercial bank interest loans under the new normal situation

    Institute of Scientific and Technical Information of China (English)

    李田歌

    2015-01-01

    我国经济进入新一轮非均衡运行的新常态,商业银行发展模式将逐步向“讲质量”转变。2013年7月央行贷款利率管制放开后,商业银行迎来信贷资产自主定价的新时代,如何适应新常态下银行贷款利率定价机制,是商业银行转型发展永恒的主题。本文简要介绍了商业银行贷款定价机制的现状,揭示了商业银行贷款定价机制存在的问题,提出了新常态下优化贷款定价的建议。%Since China's economy has been entered the new normal operation of a new round of non-equilibrium, the commercial banks will gradually adjust to the new development model. After July 2013, the central bank lending rate deregulation, commercial banks ushered in a new time of independent pricing of credit assets. How to adapt to the new normal bank lending rate pricing mechanism was the eternal subject for the commercial bank’s restructuring and development The article briefly described the current situation of commercial banks loan pricing mechanism, revealed the existing problems of the commercial bank loan pricing mechanism ,and made some recommendations to optimize the new normal loan pricing.

  9. Shadow Banking – International and Domestic Developments

    OpenAIRE

    Josef Manalo; Kate McLoughlin; Carl Schwartz

    2015-01-01

    One of the lessons from the global financial crisis is that systemic risk to the financial system can arise from outside the regular banking system, in so-called ‘shadow banking’. This article reviews post-crisis international and domestic trends in shadow banking, and regulatory efforts to better understand and address potential risks that may arise. In Australia, systemic risks arising from shadow banking appear limited given its relatively small size and minimal links to the banking system...

  10. On the Development of Local Banks in the Central Plains Economic Zone under the Background of Interest Rate Liberalization%利率市场化下中原经济区地方银行发展研究--以河南省为例

    Institute of Scientific and Technical Information of China (English)

    杨若谦; 李晓娜; 刘磊

    2015-01-01

    With the implementation of the interest rate liberalization, the local bank gets the good development opportunity. But at the same time, it also faces many risks, such as the interest margin between loans and deposits is narrow, management difficulty of financial liquidity is bigger, credit default, competition is increasing and so on. This paper takes Henan Province as the example to discuss the development strategies of local banks in the central plains economic zone under the background of interest rate liberalization to promote the sustainable development of local Banks.%随着利率市场化的实施,地方银行迎来了大好的发展时机,但同时也面临着存贷款利差空间缩小、资金流动性管理难度大、信用违约、竞争加剧等诸多风险。本文以河南省为例,探讨利率市场化背景下中原经济区地方银行的发展策略,以促进地方银行的可持续发展。

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

    Directory of Open Access Journals (Sweden)

    Florin Alexandru LUCA

    2016-06-01

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

  12. Optimal asset structure of a bank - bank reactions to stressful market conditions

    OpenAIRE

    Hałaj, Grzegorz

    2013-01-01

    The aim of the paper is to propose a model of banks' asset portfolios to account for the strategic and optimising behavior of banks under adverse economic conditions. In the proposed modelling framework, banks are assumed to respond in an optimising manner to changes in their economic environment (e.g. interest rate and credit risk shocks, funding disruptions, etc.). The modelling approach is based on the risk-return optimal program in which banks aim at a particular composition of their asse...

  13. 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.

  14. 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 ...

  15. Current meter data from moored current meter casts in the Northwest Atlantic Ocean (limit-40 W) as part of the Outer Continental Shelf - Georges Bank (OCS -Georges Bank) project from 27 October 1980 - 01 November 1982 (NODC Accession 8600087)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Current meter data were collected using moored current meter casts in the Northwest Atlantic Ocean (limit-40 W) from November 27, 1980 to November 1, 1982. Data were...

  16. Current meter data from moored current meter casts in the Northwest Atlantic Ocean (limit-40 W) as part of the Outer Continental Shelf - Georges Bank (OCS -Georges Bank) project from 25 October 1980 - 01 November 1982 (NODC Accession 8600046)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Current meter data were collected using moored current meter casts in the Northwest Atlantic Ocean (limit-40 W) from October 25, 1980 to November 1, 1982. Data were...

  17. 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.

  18. Bank Regulation and Market Discipline around the World

    OpenAIRE

    2004-01-01

    This paper investigates the effectiveness of depositor discipline and its relationship with various bank regulations and supervisions using a panel of about 17,000 bank-year data during 1992-2002 around 60 countries. We first theoretically show that deposit interest rate and its sensitivity to bank risk depend on the bank insolvency risk and the fraction of deposit protection, among others. Then we find evidence that strict regulations on bank activities and powerful supervisory authorities t...

  19. 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...

  20. On the Difference between Different Types of Bank Competition and Risk Behavior under the Background of Interest Rate Marketization%利率市场化背景下不同类型银行竞争度与风险行为关系的差异性研究

    Institute of Scientific and Technical Information of China (English)

    李春红; 周曦冉

    2015-01-01

    利率市场化将定价权逐渐转移至市场主体,其直接后果是银行间竞争加剧,存贷利差收窄。本文基于2000-2012年我国50家商业银行的面板数据,引入存贷利差和时间哑变量度量利率市场化,运用固定效应模型搭配Driscoll-Kraay稳健标准差分类检验利率市场化背景下不同类型银行竞争度与风险关系的差异性,结果表明:不同类型银行的Lerner 指数、净利差的走势具有明显差异;大型银行受“风险转移效应”主导,竞争有助于提高其稳定性,中小型银行受“利润边际效应”主导,竞争加剧时倾向于追求高风险项目以弥补利润损失。因此,在利率市场化改革实施过程中,需对不同类型的商业银行实施差异化管理,对中小银行进行重点引导。%The interest rate marketization will gradually transfer pricing to the mainbody of the market , whose direct con-sequence is the rising of competition between banks , narrowing savings and loan spreads .Based on the panel data of Chi-nese 50 commercial banks during 2000-2012 , the paper introduces deposit and loan spreads and time dummy variable to measure the interest rate marketization , and uses fixed effects model with Driscoll -Kraay robust standard to empirical-ly examine the differences between the different types of bank competition and risk relationship under the background of interest rate marketization .Research shows Lerner index and net interest margins of different type of banks has obvious difference;led by risk transfer effect", competition will help large banks improve the stability , led by "marginal prof-it", small and medium-sized banks tend to pursue high risk projects in order to make up for the loss of profits when competition is rising .Therefore , in the process of implementing market -oriented interest rate reform , we need to imple-ment different management for the different types of commercial banks and guide

  1. 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.

  2. 12 CFR 7.4002 - National bank charges.

    Science.gov (United States)

    2010-01-01

    ... in accordance with safe and sound banking principles if the bank employs a decision-making process... strategy; and (iv) The maintenance of the safety and soundness of the institution. (c) Interest. Charges...

  3. Relevance of Corporate Governance in Nigerian Banks | Akinyomi ...

    African Journals Online (AJOL)

    Relevance of Corporate Governance in Nigerian Banks. ... International Journal of Development and Management Review ... Although corporate governance is of general interests to the Nigerian public, that of the banking industry is of ...

  4. The importance of establishing an international network of tissue banks and regional tissue processing centers.

    Science.gov (United States)

    Morales Pedraza, Jorge

    2014-03-01

    During the past four decades, many tissue banks have been established across the world with the aim of supplying sterilized tissues for clinical use and research purposes. Between 1972 and 2005, the International Atomic Energy Agency supported the establishment of more than sixty of these tissue banks in Latin America and the Caribbean, Asia and the Pacific, Africa and Eastern Europe; promoted the use of the ionizing radiation technique for the sterilization of the processed tissues; and encouraged cooperation between the established tissue banks during the implementation of its program on radiation and tissue banking at national, regional and international levels. Taking into account that several of the established tissue banks have gained a rich experience in the procurement, processing, sterilization, storage, and medical use of sterilized tissues, it is time now to strengthen further international and regional cooperation among interested tissue banks located in different countries. The purpose of this cooperation is to share the experience gained by these banks in the procurement, processing, sterilization, storage, and used of different types of tissues in certain medical treatments and research activities. This could be done through the establishment of a network of tissue banks and a limited number of regional tissue processing centers in different regions of the world.

  5. Uncertainty and the financial process and its consequences for the power of the central bank

    Directory of Open Access Journals (Sweden)

    J.C.R. DOW

    2013-12-01

    Full Text Available Most monetary theorists claim that the money supply determines the price level and that the authorities set interest rates to influence investment and consumption. The author asks how central banks, relatively small financial institutions, can affect the real world. In analysis, the article deals with determination of exchange rates, interest rates and the money supply. The author concludes that central banks have influence, within a limited range, only because of uncertainty. Because of uncertainty, the links between financial and real assets are weak in the short- to medium-term allowing some influence to be wielded by a central authority.

  6. 12 CFR 616.6600 - Leasing limit.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Leasing limit. 616.6600 Section 616.6600 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LEASING § 616.6600 Leasing limit. All leases made by Farm Credit System institutions shall be subject to the lending and leasing limit in subpart...

  7. 12 CFR 24.4 - Investment limits.

    Science.gov (United States)

    2010-01-01

    ... ENTITIES, COMMUNITY DEVELOPMENT PROJECTS, AND OTHER PUBLIC WELFARE INVESTMENTS § 24.4 Investment limits. (a) Limits on aggregate outstanding investments. A national bank's aggregate outstanding investments under... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Investment limits. 24.4 Section 24.4 Banks and...

  8. Monetary Policy Instruments and Bank Risks in China

    OpenAIRE

    Zhongyuan Geng; Xue Zhai

    2013-01-01

    The authors use a panel data regression model to examine the effects of main monetary policy instruments on commercial bank risks in China from 1998 to 2011. The interest rate has a positive effect on bank risk while the interest rate margin, the reserve requirement ratio and open market operation have a negative effect. Among the three monetary policy instruments, the reserve requirement ratio has the greatest effect on bank risk, the interest rate (the interest rate margin) the second large...

  9. Monetary Policy Instruments and Bank Risks in China

    OpenAIRE

    Zhongyuan Geng; Xue Zhai

    2013-01-01

    The authors use a panel data regression model to examine the effects of main monetary policy instruments on commercial bank risks in China from 1998 to 2011. The interest rate has a positive effect on bank risk while the interest rate margin, the reserve requirement ratio and open market operation have a negative effect. Among the three monetary policy instruments, the reserve requirement ratio has the greatest effect on bank risk, the interest rate (the interest rate margin) the second large...

  10. 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...

  11. Test of the Bank Lending Channel: The Case of Australia

    OpenAIRE

    Yu Hsing

    2013-01-01

    Extending Bernanke and Blinder (1988, 1992), Kashyap and Stein (2000), Peek and Rosengren (2010) and others, this paper incorporates two additonal variables - the world interest rate and the exchange rate - into the bank loan supply function. The results show that the demand for bank loans is negatively affected by the lending rate and positively influenced by the interest rate on bonds and real GDP and that the supply of bank loans is positively associated with the lending rate, bank deposit...

  12. 13 CFR 107.855 - Interest rate ceiling and limitations on fees charged to Small Businesses (“Cost of Money”).

    Science.gov (United States)

    2010-01-01

    ... Assistance SMALL BUSINESS ADMINISTRATION SMALL BUSINESS INVESTMENT COMPANIES Financing of Small Businesses by... amortization of loan fees. For the purposes of this paragraph (d)(4): (i) Interest expense on...

  13. BAGI HASIL DAN BANK SYARI’AH (Solusi terhadap Bunga Bank

    Directory of Open Access Journals (Sweden)

    Rudy Haryanto Rudy Haryanto

    2012-07-01

    Full Text Available Abstract: To save money in terms of investation is one of bank’s functions. Interest and production sharing are kinds of investation in banking system. Interest is a marketable entry in conventional banking, however production sharing is known in syari’ah banking system. Some people argue that interest cannot be seperated from the banking activity, in fact Islam recommends the followers to avoid it; hence it could be substituted with term of production sharing. It matches the priciple of musyarakah and mudharabah as being taught by Rasûlullâh SAW. Bank interest is considered ribâ (excessive interest and it is forbidden in Islam. Moreover, production sharing is more useful and beneficial for people. Unfortunately, the value of production sharing (syarî’ah banking product is lower than the value of banking interest (conventional banking product due to the fact that the ralationship established by syari’ah banking and its customer is based on the principle of gotong royong (mutual coorporation and production sharing partnership. Key Words: ribâ, musyarakah, mudharabah, dan bagi-hasil  

  14. 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…

  15. Croatian banking sector research: relationship between ownership structure, concentration, owners’ type and bank performance

    Directory of Open Access Journals (Sweden)

    Igor Tomičić

    2012-12-01

    Full Text Available Banks are important financial intermediaries of any national economy, and corporate governance has an important role in banking sector; especially due to processes of the globalization and the internationalization, and also because of the sensitivity of the activities between the interest groups. The objective of this paper is to examine the relationship between ownership structure, concentration, owners’ type and bank performance. The authors made a research of banks' ownership structure using publicly available data. Using statistical tools authors discovered relationships between bank ownership structure and bank performance indicators (average asset, total asset, average equity, profit (loss before taxes, profit (loss after taxes, ROAA, ROAE. Further they discuss the relationships between ownership structure and a number of consequences for the bank performance. The authors discovered significant correlation between bank ownership structure and performance indicators variables that are described in the paper.

  16. 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...

  17. Bank Lending, Housing and Spreads

    DEFF Research Database (Denmark)

    Aslam, Aqib; Santoro, Emiliano

    The framework presented in this paper takes its cue from recent financial events and attempts to develop a tractable framework for policy analysis of macro-linkages, in particular a first attempt at the integration of an independent profit-maximising banking sector that lends to and borrows from...... agents in the economy, and through which changes in the monetary policy rate by the central bank are transmitted. The inter-linkages between housing and the role of the banking sector in the transmission of monetary policy is emphasized. Two competing effects are highlighted: (i) a financial accelerator...... channel, due to the presence of collateralized borrowers, and (ii) a banking attenuator effect, which crucially arises from the spread in interest rates caused by the introduction of monopolistically competitive financial intermediaries. We show how the classical amplification mechanism explored in models...

  18. Fractional Reserve Banking: Some Quibbles

    OpenAIRE

    Bagus, Philipp; Howden, David

    2010-01-01

    We explore several unaddressed issues in George Selgin’s (1988) claim that the best monetary system to maintain monetary equilibrium is a fractional reserve free banking one. The claim that adverse clearing balances would limit credit expansion in a fractional reserve free banking system is more troublesome than previously reckoned. Both lengthened clearing periods and interbank agreements render credit expansion unrestrained. “The theory of free banking” confuses increases in money held with...

  19. 12 CFR 652.15 - Interest rate risk management and requirements.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Interest rate risk management and requirements. 652.15 Section 652.15 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS Investment Management § 652.15 Interest rate...

  20. TURKISH BANKING SECTOR’S PROFITABILITY FACTORS

    Directory of Open Access Journals (Sweden)

    Songül Kakilli ACARAVCI

    2013-01-01

    Full Text Available Profitability of banking sector is the most important instrument of financial system for the future of the economy. The objective of this study is to determine by using Johansen and Juselius cointegration test approach of the bank specific and macroeconomic factors that affect the profitability of commercial banks in Turkish banking sector. In study, the data are collected from the three biggest state-owned, privately-owned and foreign banks. The sample period spans from 1998 to 2011. In the study, return of asset, return of equity and net interest margin were used as proxy for profitability of banks. The bank specific determinants, which were thought to have effects on profitability are total credits/total assets, total deposits/total assets, total liquid assets/total assets, total wage and commission incomes/ total assets, total wage and commission expenses/total assets, the logarithm of total assets and total equity/total assets. The macroeconomic determinants of study are real gross domestic product, inflation rate, real exchange rate and real interest rate. Empirical findings suggest that the bank specific determinants have been more effect than macroeconomic factors on profitability of the banks. The reel gross domestic product and real exchange rate have been effective on the profitability. In addition, the 2001 economic crisis has a negative effect on all Turkish Banking sector.

  1. DATA MINING IN BANKING AND ITS APPLICATIONS-A REVIEW

    Directory of Open Access Journals (Sweden)

    Sreekumar Pulakkazhy

    2013-01-01

    Full Text Available Banking systems collect huge amounts of data on day to day basis, be it customer information, transaction details, risk profiles, credit card details, limit and collateral details, compliance and Anti Money Laundering (AML related information, trade finance data, SWIFT and telex messages. Thousands of decisions are taken in a bank daily. These decisions include credit decisions, default decisions, relationship start up, investment decisions, AML and Illegal financing related. One needs to depend on various reports and drill down tools provided by the banking systems to arrive at these critical decisions. But this is a manual process and is error prone and time consuming due to large volume of transactional and historical data. Interesting patterns and knowledge can be mined from this huge volume of data that in turn can be used for this decision making process. This article explores and reviews various data mining techniques that can be applied in banking areas. It provides an overview of data mining techniques and procedures. It also provides an insight into how these techniques can be used in banking areas to make the decision making process easier and productive.

  2. 央行沟通行为与市场利率波动的相关性研究--基于中国银行业同业拆放利率Shibor的数据检验%The Correlation Research on Central Bank Communication Behavior and Market Interest Rate Fluctuations:Evidence from Shibor

    Institute of Scientific and Technical Information of China (English)

    马理; 黄帆帆; 孙芳芳

    2013-01-01

    近年来,在常规的货币政策之外,各国央行越来越重视其沟通行为在经济调控中的作用。但是央行沟通行为的传导路径与传导效果尚有待深入探讨,本文运用MVGARCH与Probit模型,基于中国银行业的同业拆放利率Shibor的数据,对央行沟通行为的有效性进行了研究。结果表明:央行沟通能够显著影响市场利率波动;口头沟通侧重于创造信息,影响利率水平的变化;书面沟通更侧重于减少噪音,降低利率的波动程度。中央银行应根据经济环境选择恰当的沟通方式,更有效地发挥央行沟通行为的作用。%In recent years, central bank communication behavior has also been paid more and more atten-tion by the central banks besides the traditional monetary policy tools , however its conduction path and con-duction effect remains to be further discussed .Based on Shibor , this paper studies the effectiveness of central bank communication behavior by using multivariate GARCH model and Probit model .The results show that China ’ s central bank communications can significantly affect the market interest rate fluctuations .Specifical-ly, oral communications focused more on creating information , which change the level of interest rates , while written communications tended to be rather effective in reducing noise , which lower the volatility of interest rates.Appropriate ways should be chosen according to different economic environments in order to enable the most effective use of central bank communication behavior .

  3. THE INFLUENCES OF INFLATION ON THE MONETARY POLICY INTEREST

    Directory of Open Access Journals (Sweden)

    Popa Coralia Emilia

    2012-12-01

    Full Text Available In the context of sovereign debt crisis in Europe, a crisis entirely felt also in the direct relation between credit institutions, the National Bank of Romania (NBR adopted a monetary policy strategy meant to determine the reinforcement of its image, by initiating in the autumn of 2011 a new series of reduction of the monetary policy interest rate and implicitly the appropriate resizing of liquidity conditions. By increasing the role of liquidity adjustment, the European Central Bank (ECB succeeded to determine in the money market the decrease of interbank rate interests under the interest rate level of monetary policy. The direct inflation targeting strategy used by the European Central Bank in applying its monetary policy has the first criterion of implementation the expression of inflation target in terms of „headline inflation” (consumer price index - CPI given that the economic market in Romania is familiar with this indicator. Also, the main criterion considered by the investment segment of the market to achieve capital infusions in economic transactions is represented by the consumer price index, this one ensuring the necessary transparency related to the effects of inflation phenomenon. A strong argument supporting the use of consumer price index in monetary policy is represented by its upward flexibility towards the limited effectiveness of monetary aggregates in sizing inflationary anticipations. The downward slope of inflation phenomenon, in whose depreciation the evolution of consumer price index, whose positive trend surprised the European Central Bank, played a significant role, determined adjustments in the monetary policy strategy of the National Bank of Romania and at the same time the achievement of the inflationary target proposed with a direct effect on the monetary policy interest rate. The same measure to reduce the key interest rate is outlined in the monetary policy of the European Central Bank and it is

  4. 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.

  5. Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey

    OpenAIRE

    Deger Alper; Adem Anbar

    2011-01-01

    The aim of this study is to examine the bank-specific and macroeconomic determinants of the banks profitability in Turkey over the time period from 2002 to 2010. The bank profitability is measured by return on assets (ROA) and return on equity (ROE) as a function of bank-specific and macroeconomic determinants. Using a balanced panel data set, the results show that asset size and non-interest income have a positive and significant effect on bank profitability. However, size of credit portfoli...

  6. Internal controls and credit risk relationship among banks in Europe

    Directory of Open Access Journals (Sweden)

    Ellis Kofi Akwaa-Sekyi

    2017-01-01

    Full Text Available Purpose: The study purport to investigate the effectiveness of internal control mechanisms, investigate whether evidence of agency problem is found among banks in Europe and determine how internal controls affect credit risk. Design/methodology/approach: Panel data from 91 banks from 23 European Union countries were studied from 2008-2014. Hausman’s specification test suggest the use of fixed effects estimation technique of GLS. Quantitatively modelled data on 15 variables covering elements of internal controls, objectives of internal controls, agency problem, bank and country specific variables were used. Findings: There is still high credit risk in spite of measures being implemented by the European Central Bank. Banks have individual entity factors that increase or decrease credit risk. The study finds effective internal control systems because objectives of internal controls are achieved and significantly determine credit risk. Agency problem is confirmed due to significant positive relation with credit risk. There is significant effect of internal controls on credit risk with specific variables as risk assessment, return on average risk weighted assets, institutional ownership, bank size, inflation, interest rate and GDP. Research limitations/implications: Missing data prevented the use of strongly balanced panel. The lack of flexibility with using quantitative approach did not allow further scrutiny of the nature of variables. However, statistical tests were acceptable for the model used. The study has implications for management and owners of banks to be warry of agency problem because that provides incentive for reckless high risk transactions that may benefit the agent than the principal. Management must engage in actions that profile the company better and enhances value maximization. Rising default risk has tendency to impair corporate image leading to loss of reputational capital. Originality/value: The study provides the use of

  7. Genomic DNA pooling strategy for next-generation sequencing-based rare variant discovery in abdominal aortic aneurysm regions of interest-challenges and limitations

    NARCIS (Netherlands)

    Harakalova, M.; Nijman, I.J.; Medic, J.; Mokry, M.; Renkens, I.; Blankensteijn, J.D.; Kloosterman, W.P.; Baas, A.F.; Cuppen, E.

    2011-01-01

    The costs and efforts for sample preparation of hundreds of individuals, their genomic enrichment for regions of interest, and sufficient deep sequencing bring a significant burden to next-generation sequencing-based experiments. We investigated whether pooling of samples at the level of genomic DNA

  8. Needs, Interests, and Limitations for the Promotion of Health and Exercise by a Web Site for Sighted and Blind Elderly People: A Qualitative Exploratory Study

    Science.gov (United States)

    Gusi, Narcis; Prieto, Josue; Forte, David; Gomez, Ignacio; Gonzalez-Guerrero, Jose-Luis

    2008-01-01

    The purpose of this study was to identify needs, interests, and obstacles related to obtaining health education by means of a Web site for elderly people who do not use the Internet. A total of 34 participants were divided into five discussion groups, one of which was made up of blind people. An analysis of the semantic content of the…

  9. Needs, Interests, and Limitations for the Promotion of Health and Exercise by a Web Site for Sighted and Blind Elderly People: A Qualitative Exploratory Study

    Science.gov (United States)

    Gusi, Narcis; Prieto, Josue; Forte, David; Gomez, Ignacio; Gonzalez-Guerrero, Jose-Luis

    2008-01-01

    The purpose of this study was to identify needs, interests, and obstacles related to obtaining health education by means of a Web site for elderly people who do not use the Internet. A total of 34 participants were divided into five discussion groups, one of which was made up of blind people. An analysis of the semantic content of the…

  10. Teaching Bank Runs with Classroom Experiments

    Science.gov (United States)

    Balkenborg, Dieter; Kaplan, Todd; Miller, Timothy

    2011-01-01

    Once relegated to cinema or history lectures, bank runs have become a modern phenomenon that captures the interest of students. In this article, the authors explain a simple classroom experiment based on the Diamond-Dybvig model (1983) to demonstrate how a bank run--a seemingly irrational event--can occur rationally. They then present possible…

  11. The Romanian Banking System –Key Dimensions and Visibility of CSR Practices

    Directory of Open Access Journals (Sweden)

    Andreea-Daniela Moraru

    2016-01-01

    Full Text Available The concept of corporate social responsibility has received broad attention from both academics and business sector during the past decades. The field has grown and so have the theories and specific terminologies on CSR. Moreover, the approaches on CSR cover several perspectives such as, but not limited to marketing, public relations, stakeholder relation, strategy, or impact on financial performance. The concept has also permeated different economic sectors. Without receiving as much attention as other sectors, the research results on CSR in the banking system revealed interesting findings. In this paper, we aimed at briefly reviewing the evolution of CSR and its application in the banking system, with a particular focus on the case of Romania. Subsequently, we conducted a concise analysis of the evolution of the banking system in Romania, and examined the CSR practices of the first three banks, ranked according to the value of assets and market share.

  12. On the Relationship between Market Concentration and Bank Risk Taking

    OpenAIRE

    Kaniska Dam; Marc Escrihuela-Villar; Santiago Sánchez-Pagés

    2009-01-01

    We analyse risk-taking behaviour of banks in the context of spatial competition. Banks mobilise unsecured deposits by offering deposit rates, which they invest either in a prudent or in a gambling asset. Limited liability along with high return of a successful gamble induce moral hazard at the bank level. We show that when the market concentration is low, banks invest in the gambling asset. On the other hand, for sufficiently high levels of market concentration, all banks choose the prudent a...

  13. 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

  14. PERLINDUNGAN HUKUM TERHADAP KEPENTINGAN PARA PIHAK DI DALAM MERGER BANK

    Directory of Open Access Journals (Sweden)

    Dani Amran Hakim

    2016-04-01

    Full Text Available The legal protection of interests of the parties in the merger of banks, which is formulated into the problem as follows a Is the legal basis for bank mergers? b How is the legal protection of the parties in a bank merger? Merger is one of the company's development and growth. Merger is also one other alternative for capital investment through internal and organic growth. In banking mergers regulated in Law Number 10 of 1998. In the implementation of the merger must also consider the interests of the parties, namely, 1 the interests of the shareholders, 2 the interests of the depositors, 3 the interest of the bank employees, and 4 the interests of officials. Keywords: Protection Law, the Parties, Bank Merger 

  15. Investigating the Psychological Impact of Bank Robbery

    DEFF Research Database (Denmark)

    Hansen, Maj; Armour, Cherie; Shevlin, Mark

    2014-01-01

    Despite numerous annual bank robberies worldwide, research in the psychological sequelae of bank robberies is sparse and characterized by several limitations. To overcome these limitations we investigated the psychological impact of bank robbery in a cohort study by comparing general levels...... a significantly higher score on general traumatization and somatization compared to the control group whilst controlling for other factors. In conclusion, bank robbery exposure appears to be especially associated with psychological distress in the acute phase and in victims present during the robbery. After...

  16. 银行业金融机构小面额备付金限额合理性研究%The Rationality Research of the Limit of Small Amount Deposit for Banking Financial Institutions

    Institute of Scientific and Technical Information of China (English)

    张树义

    2014-01-01

    This paper assumes that the total amount of currency in circulation is sufficient, cash coupons don'tstructure is the proposition of integrity, and then use the cash coupons don't structure weights theory to determine the structure weight and weight between each classification, determine the banking financial institutions to small amount of reserve reasonable limit application of this theory, at the end of the banking financial institutions tosupport small deposit minimum specific supervision suggestions put forward management.%本文假定流通中现钞货币总量是充足的、现钞货币券别结构是完整性的这一命题,然后运用现钞货币券别结构权数理论来确定各券别之间的结构权数和权重,应用该理论确定银行业金融机构小面额备付金合理性限额,最后对银行业金融机构保障小面额备付金最低限额提出具体监督管理建议。

  17. 12 CFR 621.32 - Conflicts of interest and rotation.

    Science.gov (United States)

    2010-01-01

    ... REQUIREMENTS Auditor Independence § 621.32 Conflicts of interest and rotation. (a) Conflicts of interest. (1) A... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Conflicts of interest and rotation. 621.32... the audit engagement. (b) Rotation. Each institution may engage the same lead and reviewing audit...

  18. 12 CFR 906.5 - Monthly interest rate survey.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Monthly interest rate survey. 906.5 Section 906... OPERATIONS OPERATIONS Monthly Interest Rate Survey (MIRS) § 906.5 Monthly interest rate survey. The Finance Board conducts its Monthly Survey of Rates and Terms on Conventional One-Family Non-farm Mortgage...

  19. The Impact on Interest Rate of Manufacturing SMEs Lending by the Relationship between Banks and SMEs:Evidences from Xuzhou and Liuzhou%银企关系对制造业中小企业贷款利率的影响研究——来自江苏徐州和广西柳州典型样本的证据

    Institute of Scientific and Technical Information of China (English)

    杨毅; 颜白鹭

    2012-01-01

    SME financing is one of the current hot issues. It is generally believed that, effective relationship between banks and SMEs can reduce the loan collateral requirements of SMEs, and effectively reduce the loan interest rate. However, through the Jiangsu Xuzhou and Guangxi Liuzhou typical sample surveys, the study found that, in the SMEs' loans, actually exist "binding effect". When loans accounted for a larger proportion of the funding gap at SMEs, for risk controlling and grabbing more surplus value, the bank will raise the loan rates. When SMEs have more financing channels, bank loan interest rate became higher because of the SMEs' exuberant financing demand. The deeper of the relationship depth between banks and SMEs, which measured by the number of years of cooperation and the proportion of loans, the higher of the loan rates; but the wider of the relationship breadth between banks and SMEs, which measured by the number of other business, the lower of the loan rates.%通过对江苏徐州和广西柳州典型样本的调研发现,在中小企业贷款中,实际上存在着“绑定效应”,当中小企业在银行的贷款占自己资金缺口的比重较大时,出于风险控制和攫取更多剩余的目的,银行会提高贷款利率;当中小企业的融资渠道较多时,银行贷款利率反而因为中小企业的融资需求旺盛而提高。用中小企业与银行的合作年限、中小企业在该银行贷款比重等进行衡量的银企关系深度越强,中小企业银行贷款利率反而越高,而用中小企业在银行开办的其他业务数量来衡量的银企关系的广度越强,中小企业贷款的利率则会越低。

  20. 12 CFR 1805.402 - Assistance limits.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Assistance limits. 1805.402 Section 1805.402 Banks and Banking COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM Investment Instruments § 1805.402 Assistance limits....

  1. 12 CFR 308.546 - Limitations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Limitations. 308.546 Section 308.546 Banks and Banking FEDERAL DEPOSIT INSURANCE CORPORATION PROCEDURE AND RULES OF PRACTICE RULES OF PRACTICE AND PROCEDURE Program Fraud Civil Remedies and Procedures § 308.546 Limitations. (a) The notice of hearing with...

  2. A Classroom Experiment on Banking

    Science.gov (United States)

    Kassis, Mary Mathewes; Hazlett, Denise; Ygosse Battisti, Jolanda E.

    2012-01-01

    This classroom experiment uses double oral auction credit markets to illustrate the role of banks as financial intermediaries. The experiment demonstrates how risk affects market interest rates in the presence of asymmetric information. It provides fodder for a discussion of the moral-hazard problem of deposit insurance and its impact on depositor…

  3. 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.

  4. A Classroom Experiment on Banking

    Science.gov (United States)

    Kassis, Mary Mathewes; Hazlett, Denise; Ygosse Battisti, Jolanda E.

    2012-01-01

    This classroom experiment uses double oral auction credit markets to illustrate the role of banks as financial intermediaries. The experiment demonstrates how risk affects market interest rates in the presence of asymmetric information. It provides fodder for a discussion of the moral-hazard problem of deposit insurance and its impact on depositor…

  5. Transportation Environment Data Bank index

    Energy Technology Data Exchange (ETDEWEB)

    Davidson, C.A.; Foley, J.T.

    1977-04-01

    In an effort to determine the environment intensities to which energy materials in transit will be exposed, a ''Data Bank'' of environmental information has been established by Sandia Laboratories, Division 1285 for the ERDA Division of Environmental Control Technology. This document is an index which can be used to request data of interest.

  6. 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.

  7. 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.

  8. Financial intermediation and interest rate risk

    OpenAIRE

    Zagonov, Maxim

    2011-01-01

    This thesis analyses the link between interest rate risk faced by financial intermediaries in the G-10 countries, their balance sheet composition and national bank regulation. The regulatory authorities both in the US and in Europe increasingly emphasise the issue of bank interest rate exposure. The importance of this topic is also reasserted by recent developments in the monetary environment. The thesis offers three major contributions to the area. First, it empirically investigates the ...

  9. 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.

  10. 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...

  11. 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.

  12. 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.

  13. 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.

  14. 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.

  15. 利率市场化对商业银行影响的经验及启示--以台湾为例%The Experiences and Enlightenment of the Influence of Interest Rate Liberalization on Commercial Banks---A Case of Taiwan

    Institute of Scientific and Technical Information of China (English)

    陈一洪

    2014-01-01

    利率市场化的加速推进给国内城商行的经营发展带来深刻的影响。国内利率市场化遵循渐进改革思路,与台湾地区利率市场化具有相似之处,经历14年的利率市场化改革,台湾银行业在低利差的环境下通过推进组织流程优化来提升运营效率:强化金融服务手段来改善资金来源结构,从而降低资金成本:依托金融控股公司平台,发挥整合行销效益,扩大客户基础:积极调整优化资产结构,大力拓展民营企业和消费金融业务等举措实现发展转型及安全稳健经营。台湾银行业的发展经验值得国内城商行借鉴。%The acceleration of interest rate liberalization brings profound influence to the operation and development of domestic urban commercial banks. The domestic interest rate liberalization follows the gradual reform, which is similar with the liberalization in Taiwan. Through 14 years of interest rate liberalization reform, under the environment of low margin, Taiwan’s banking has adopted a series of measures to achieve the development transition and safe and steady operation such as promoting the operational efficiency by pushing organizational process optimization, improving the structure of capital resources by strengthening the financial service so as to reduce the capital cost, integrating marketing benefits to expand the customers base by means of the platform of financial holding com-panies, actively adjusting and optimizing the asset structure, greatly expanding the financial business of private enterprises and con-sumption and so on. Experiences of the development of Taiwan’s banking is worth learning for domestic urban commercial banks.

  16. The impact of Taxation on Bank Leverage and Asset Risk

    NARCIS (Netherlands)

    Horvath, B.L.

    2013-01-01

    Abstract: The tax-bene t of interest deductibility encourages debt nancing, but regulatory and market constraints create dependency between bank leverage and risk. Using a large international sample of banks this paper estimates the short and long run effects of corporate income taxes (CIT) on bank

  17. The impact of Taxation on Bank Leverage and Asset Risk

    NARCIS (Netherlands)

    Horvath, B.L.

    2013-01-01

    Abstract: The tax-bene t of interest deductibility encourages debt nancing, but regulatory and market constraints create dependency between bank leverage and risk. Using a large international sample of banks this paper estimates the short and long run effects of corporate income taxes (CIT) on bank

  18. How does corporate governance affect bank capitalization strategies?

    NARCIS (Netherlands)

    Anginer, D.; Demirgüç-Kunt, A.; Huizinga, Harry; Ma, K.

    2016-01-01

    This paper examines how corporate governance and executive compensation affect bank capitalization strategies for an international sample of banks over the 2003-2011 period. ‘Good’ corporate governance, which favors shareholder interests, is found to give rise to lower bank capitalization. Boards of

  19. How does Corporate Governance Affect Bank Capitalization Strategies?

    NARCIS (Netherlands)

    Anginer, D.; Demirgüc-Kunt, A.; Huizinga, H.P.; Ma, K.

    2013-01-01

    Abstract: This paper examines how corporate governance and executive compensation affect bank capitalization strategies for an international sample of banks over the 2003-2011 period. ‘Good’ corporate governance, which favors shareholder interests, is found to give rise to lower bank capitalization.

  20. 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.

  1. Tax Evasion and Swiss Bank Deposits

    DEFF Research Database (Denmark)

    Johannesen, Niels

    Bank deposits in jurisdictions with banking secrecy constitute an effective tool to evade taxes on interest income. A recent EU reform reduces the scope for this type of tax evasion by introducing a source tax on interest income earned by EU residents in Switzerland and several other jurisdictions...... with banking secrecy. In this paper, we estimate the impact of the source tax on Swiss bank deposits held by EU residents while using that non-EU residents were not subject to the tax to apply a natural experiment methodology. We find that the 15% source tax caused Swiss bank deposits of EU residents to drop...... by more than 40% with most of the response occurring in two quarters immediately before and after the source tax was introduced. The estimates imply an elasticity of Swiss deposits with respect to the net-of-source-tax-rate in the range 2.5-3....

  2. 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

  3. Determinants of the Profitability in the Czech Banking Industry

    Directory of Open Access Journals (Sweden)

    Iveta Palečková

    2016-12-01

    Full Text Available The aim of this paper is to estimate the banking profitability determinants of the Czech commercial banks during the period 2004-2014. For estimation of banking profitability we used three common measures, namely the Return on Assets, Return on Equity and Net Interest Margin. We estimated twelve determinants of banking performance. The effect of the determinants of banking profitability is estimated using panel data analysis. The data set is consists of seventeen commercial banks in the Czech Republic. The results show that the profitability was positively influenced by the bank’s size, capitalization, credit risk, level of concentration, ownership structure and bank’s market share. Number of branches of the bank had the negative impact on ROA and ROE. on the other hand, the variables Gross Domestic Product, interest rate, liquidity risk, riskiness of bank’s portfolio and affiliation with financial conglomerate have not got the significant influence on profitability of the Czech commercial banks.

  4. 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 ...

  5. Oligopolistic Banks, Bounded Rationality, and the Credit Cycle

    Directory of Open Access Journals (Sweden)

    Tobias F. Rötheli

    2012-01-01

    Full Text Available This paper studies how boundedly rational default expectations affect the credit cycle. I propose a simple model of oligopolistic bank competition which serves to compare situations with just a portion of boundedly rational banks to situations where either all banks are rational or all banks are boundedly rational. When all banks are boundedly rational, the credit cycle is most amplified relative to the situation where all banks are rational. However, the amplifying effect of bounded rationality on the side of banks largely remains even when only a portion of banks are boundedly rational. Hence, the interest rate decisions of a minority of boundedly rational banks induce the more rational competitors to aggravate the credit cycle.

  6. Tissue banking in a regional hospital: a promising future concept? First report on fresh frozen tissue banking in a hospital without an integrated institute of pathology.

    Science.gov (United States)

    von Strauss und Torney, Marco; Güller, Ulrich; Rezaeian, Farid; Brosi, Philippe; Terracciano, Luigi; Zuber, Markus

    2012-10-01

    Vital tissue provided by fresh frozen tissue banking is often required for genetic tumor profiling and tailored therapies. However, the potential patient benefits of fresh frozen tissue banking are currently limited to university hospitals. The objective of the present pilot study--the first one in the literature--was to evaluate whether fresh frozen tissue banking is feasible in a regional hospital without an integrated institute of pathology. Patients with resectable breast and colon cancer were included in this prospective study. Both malignant and healthy tissue were sampled using isopentan-based snap-freezing 1 h after tumor resection and stored at -80 °C before transfer to the main tissue bank of a University institute of pathology. The initial costs to set up tissue banking were 35,662 US$. Furthermore, the running costs are 1,250 US$ yearly. During the first 13 months, 43 samples (nine samples of breast cancer and 34 samples of colon cancer) were collected from 41 patients. Based on the pathology reports, there was no interference with standard histopathologic analyses due to the sample collection. This is the first report in the literature providing evidence that tissue banking in a regional hospital without an integrated institute of pathology is feasible. The interesting findings of the present pilot study must be confirmed by larger investigations.

  7. Bank Consolidation and Soft Information Acquisition in Small Business Lending

    OpenAIRE

    Ogura, Yoshiaki; Uchida, Hirofumi

    2007-01-01

    We empirically examine the impact of bank consolidation on bankers' acquisition of soft information about borrowers. Using a dataset of small businesses, we found that bank mergers have a negative impact on soft information acquisition by small banks while those by large banks that have less interest in acquiring soft information irrespective of mergers have no impact. Detailed analyses of the post-merger organizational restructuring show that the measures of an increase in organizational com...

  8. 12 CFR 615.5182 - Interest rate risk management by associations and other Farm Credit System institutions other...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Interest rate risk management by associations and other Farm Credit System institutions other than banks. 615.5182 Section 615.5182 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES...

  9. Success is in the bank

    Science.gov (United States)

    de Vincent-Humphreys, Rupert

    2008-05-01

    As the nation's central bank, the Bank of England is committed to promoting and maintaining monetary and financial stability. Broadly speaking, this means that it sets the interest rate at a level such that the economy should meet the UK government's 2% inflation target in the medium term, and it analyses the financial system to identify and reduce systemic risks to the country's financial infrastructure. The Bank also performs several other critical functions, including managing the approximately £42bn worth of banknotes in circulation and managing the nation's foreign-currency reserves - a multicurrency fund worth some £23bn. As a physicist, I find that I can make a full contribution to this work.

  10. A Study of the BRICS Bank from the Perspective of Global Financial Governance

    DEFF Research Database (Denmark)

    Bo, Peng

    2014-01-01

    play a complementary role in the existing financial governance system rather than overthrow it. Complying with the tide of history, the official establishment of the BRICS Bank can be of great significance to the reform of current global financial governance systems such as diversifying the global...... financial governance bodies, representing the interests of developing countries in a better way, enhancing the status and improving the importance of emerging economies in the international political and economic order. Admittedly, the BRICS Bank also faces great challenges and limits such as the lack...

  11. Perceptions towards IT Security in Online Banking: Croatian Clients vs. Clients of Bosnia and Herzegovina

    Directory of Open Access Journals (Sweden)

    Nedim Makarevic

    2016-01-01

    Full Text Available This study has been completed with a purpose to analyze and compare perceptions of clients of Bosnia and Herzegovina and those of Croatian clients about IT security in online banking, to provide insight into similarities and differences of their view points and to create important set of information for all subjects active in banking industry. Once the survey based on six variables and specific questions assigned to each one of those variables was prepared, results regarding both countries were collected and concluded. Survey was completed in both Bosnia and Herzegovina and Croatia at high response rates. Even 207 respondents replied from Bosnia and Herzegovina, while 203 respondents completed survey from Croatia. Results were analyzed and presented using descriptive statistics. Results indicated that Croatian e-banking users trust to banks when it comes to IT security of online banking much more compared to clients of Bosnia and Herzegovina. It is important to mention that clients of Croatia perceive tangible features as highly significant while Bosnian clients do not perceive tangible features that much important. This proved that Croatian clients are aware of potential security threats and they know their part of responsibility when it comes to handling money online. On the other hand, results from Bosnia and Herzegovina indicated that Bosnian clients have lack of trust in online banking, and lack of awareness about personal tangible aspects that can improve security of personal online banking experience. The main limitation of this study is relatively small sample and too generic approach. Therefore, this study may be perceived as a pilot study for future researchers. The study’s results may be of interest to marketers and managers of banks operating in Bosnia and Herzegovina and Croatia to learn more about their clients’ perceptions towards their e-banking services.

  12. Microscale Insight into Microbial Seed Banks

    Science.gov (United States)

    Locey, Kenneth J.; Fisk, Melany C.; Lennon, J. T.

    2017-01-01

    Microbial dormancy leads to the emergence of seed banks in environmental, engineered, and host-associated ecosystems. These seed banks act as reservoirs of diversity that allow microbes to persist under adverse conditions, including extreme limitation of resources. While microbial seed banks may be influenced by macroscale factors, such as the supply of resources, the importance of microscale encounters between organisms and resource particles is often overlooked. We hypothesized that dimensions of spatial, trophic, and resource complexity determine rates of encounter, which in turn, drive the abundance, productivity, and size of seed banks. We tested this using >10,000 stochastic individual based models (IBMs) that simulated energetic, physiological, and ecological processes across combinations of resource, spatial, and trophic complexity. These IBMs allowed realistic dynamics and the emergence of seed banks from ecological selection on random variation in species traits. Macroscale factors like the supply and concentration of resources had little effect on resource encounter rates. In contrast, encounter rates were strongly influenced by interactions between dispersal mode and spatial structure, and also by the recalcitrance of resources. In turn, encounter rates drove abundance, productivity, and seed bank dynamics. Time series revealed that energetically costly traits can lead to large seed banks and that recalcitrant resources can lead to greater stability through the formation of seed banks and the slow consumption of resources. Our findings suggest that microbial seed banks emerge from microscale dimensions of ecological complexity and their influence on resource limitation and energetic costs. PMID:28119666

  13. IR Spectrum Data Bank System

    Institute of Scientific and Technical Information of China (English)

    Xie Dilin

    2004-01-01

    The infrared spectra of pure compounds of ninety thousands, poly compounds of twelve thousand, drugs of one thousand were included in the data bank. All of them can be searched out according to their serial number, chemical name, commercial name, amount of each atoms, or molecular formula, as well as their spectrum peak appearances. Program for spectrum information inputting, program for spectrum information search and program for spectrum peak appearance search were included in the system; in addition, spectrum information data bank, spectrum peak code data bank and spectrum figure data bank were attached to the system. System program was written by Visial Basic, and run under Windows system. The spectrum information data bank and spectrum figure data bank were administrated by Microsoft Access.The program for spectrum message inputting can be used to add message data and spectrum figure of some new compounds into the data banks by users themselves. The program for spectrum message search was designed to find out all the message data and spectrum figure of interested compound according to someone of the message data. The program for spectrum peak search was designed to find out some spectra most similar in peak shape with unknown spectrum by peak to peak comparison. When the wavenumbers and transmittances of main peaks in the spectrum of unknown sample were entered, the spectrum peak search was performed and several hits with higher similarity were reported including their similarity scores, spectrum serial numbers, sample's states,melt points, molecular formulas as well as spectrum images. If the search result was not satisfactory,some methods to modify spectrum parameters were reminded and search was performed again.

  14. Real time high frequency monitoring of water quality in river streams using a UV-visible spectrometer: interest, limits and consequences for monitoring strategies

    Science.gov (United States)

    Faucheux, Mikaël; Fovet, Ophélie; Gruau, Gérard; Jaffrézic, Anne; Petitjean, Patrice; Gascuel-Odoux, Chantal; Ruiz, Laurent

    2013-04-01

    monitoring methods can therefore be interesting for designing monitoring strategy of environmental observatory and provide dense time series likely to highlight patterns or trends using appropriate approaches such as spectral analysis [2]. 1. Wade, A.J. et al., HESS Discuss., 2012. 9(5), p.6458- 6506. 2. Aubert, A. et al., submitted to EGU 2013-4745 vol. 15.

  15. 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...

  16. 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 ...

  17. 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.

  18. 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 ...

  19. 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

  20. 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....

  1. 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....

  2. 75 FR 23631 - Federal Home Loan Bank Investments

    Science.gov (United States)

    2010-05-04

    ... example, because retained earnings can absorb losses without compromising the par value of Bank capital stock, a limit based on a Bank's retained earnings may offer a more prudent basis for limiting private... (e.g., a limit of one or two times capital, or a separate limit linked to retained earnings or some...

  3. Ethical considerations in umbilical cord blood banking.

    Science.gov (United States)

    Fox, Nathan S; Chervenak, Frank A; McCullough, Laurence B

    2008-01-01

    Pregnant patients have the option at delivery of having their cord blood collected and stored for future use. At many hospitals, they have the option of donating their cord blood to the public banking system for future use by anyone who is an appropriate match (public banking). Patients also have the option of having their cord blood stored for a fee with a commercial/private company for future use within their family (private banking). Currently, private banking is not recommended by major obstetric and pediatric professional organizations. We applied current evidence of the risks and benefits of private and public cord blood banking and accepted ethical principles to answer the following two related questions: 1) Do obstetricians have an ethical obligation to comply with a request for private banking? and 2) Do obstetricians have an ethical obligation to routinely offer private banking to women who do not request it? The only situation where there is a known benefit to private banking is when public banking is not available and the patient currently has an affected family member who may benefit from cord blood therapy. We conclude that when presented with a request for private banking, obstetricians have an ethical obligation to explain the lack of proven benefit of this procedure. If the patient still requests private banking, it would be appropriate to comply, because there is minimal or no risk to the procedure. However, obstetricians are not ethically obligated to offer private banking, even when public banking is not available, except in the limited circumstance when the patient currently has an affected family member who may benefit from cord blood therapy.

  4. The balancing act of template bank construction: inspiral waveform template banks for gravitational-wave detectors and optimizations at fixed computational cost

    CERN Document Server

    Keppel, Drew

    2013-01-01

    Gravitational-wave searches for signals from inspiralling compact binaries have relied on matched filtering banks of waveforms (called template banks) to try to extract the signal waveforms from the detector data. These template banks have been constructed using four main considerations, the region of parameter space of interest, the sensitivity of the detector, the matched filtering bandwidth, and the sensitivity one is willing to lose due to the granularity of template placement, the latter of which is governed by the minimal match. In this work we describe how the choice of the lower frequency cutoff, the lower end of the matched filter frequency band, can be optimized for detection. We also show how the minimal match can be optimally chosen in the case of limited computational resources. These techniques are applied to searches for binary neutron star signals that have been previously performed when analyzing Initial LIGO and Virgo data and will be performed analyzing Advanced LIGO and Advanced Virgo data...

  5. 12 CFR 366.10 - When would I have a conflict of interest?

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false When would I have a conflict of interest? 366.10 Section 366.10 Banks and Banking FEDERAL DEPOSIT INSURANCE CORPORATION REGULATIONS AND STATEMENTS... property management services for us and you own or manage a competing property. (2) You audit a...

  6. THE EFFECTS OF OPEN MARKET INTEREST RATES ON MALAYSIAN COMMERCIAL BANKS’ INTEREST RATE SPREAD: AN EMPIRICAL ANALYSIS

    OpenAIRE

    2002-01-01

    In this paper we investigate the effect of changes in open market interest rates on the interest rate spread of Malaysian commercial banks. This is performed by examining the causality and patterns of reactions of banking rates with respect to variation in open market rates. Based on vector autoregression analysis we show that there is one-way causation running from the open market rates to banking rates. Changes in open market rates significantly cause changes in the spread and deposit rates...

  7. Stress Testing of the Montenegrin Banking System with Aggregated and Bank-Specific Data

    Directory of Open Access Journals (Sweden)

    Vuković Sanja

    2014-05-01

    Full Text Available There are many different approaches to the process of stress testing and two of them will be investigated in this paper. The first one is a stress test performed on aggregated data i.e. the banking system as a whole. The variable of interest in both exercises is the Loan Loss Provision ratio (hereinafter: the LLP. The main goal of the thesis is to find an answer to the following question: what are the macroeconomic variables that influence LLP the most and how will LLP, as a variable of interest, behave in a situation when all these variables were to experience negative performance at the same time? The resilience of the banking system to such scenario will be tested through the capital adequacy ratio. In order to find out more about the management practices of banks, microlevel data on banks were also used in the analysis. The focus was to see which of the variables are able to explain the LLP ratio for each bank individually and how is this information helpful for possible improvements in the banking sector. The relations between these variables will be able to explain some of the banks’ losses and some of the banks’ practices regarding credit activities. The analysis there will provide for some recommendations for the banks but also for the Central Bank and its way to influence the practices in the banking sector.

  8. "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...

  9. MENGKRITISI MAKNA HUKUM RIBA BUNGA BANK

    Directory of Open Access Journals (Sweden)

    Agus Sarono

    2015-09-01

    Full Text Available Bank interest is considered usury. One is to be scrutinized if the bank interest as usury, because usury is often mentioned in the texts is characterized oppress and torment the community. As with the conventional bank interest, how many small and medium enterprises which helped because Free Master in conventional banks. Problems found in the writing of this paper is; Why people ignore the MUI fatwa on usury interest as knife analysis; Unger critical legal theory, theory of responsiveness Nonet Sezlnick, the theory of legal culture Lawrence M Friedman progressive Satjipto Rahardjo and Usul Fiqh used to find alternative meanings of texts relating to usury From search and review of the problems concluded that after the birth of four Imam Muslim schools stuck in the mindset of the four Imams Madzhab and afraid to ijtihad. Therefore, the Muslims thought of usury is not far from what has been inferred by the four Imam mazdhab. Finally Islamic law really can not answer the development of society. Bank interest is equated with usury which both born differ in the time span, the different communities of the background, a different effect. Therefore interest rates clearly differ from usury and should not be equated with riba. That is why people ignore the MUI fatwa in business transactions. Should the scholars 'move from positivistic Jurisprudence to understanding Sociological Jurisprudence positivistic Jurisprudence.Oleh Hence the scholars can use the legal pluralisme approach in defining legal meaning.

  10. 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

  11. A Survey Study on Customer Experience in Banking Cash Management Products and, Participation Banking Example

    Directory of Open Access Journals (Sweden)

    Cüneyt DİRİCAN

    2016-04-01

    Full Text Available Banking as a safe bridge of risk management balances relation between deposit and loan. In the growing trend of interest-free banking Turkey practice, Participation Banking is working to fix the expectations of customers with reasonable solutions. For corporate customers with comprehensive cash management expectations, producing appropriate and fast solutions are important for a positive and sustainable customer experience. Cash Management covers collection of trade receivables and short -term debt payments. In this study, in the light of the financial ratios of participation banking within the banking industry, a participation bank customers' experiences and expectations in cash management products and services were evaluated with the survey methodology and its importance were also examined.

  12. TINGKAT SUKU BUNGA BANK KONVENSIONAL DAN KOMITMEN NASABAH MENABUNG DI BANK SYARIAH

    Directory of Open Access Journals (Sweden)

    Muchlis Yahya

    2017-03-01

    Full Text Available banking. Shariah banking customers were divided into Moslem customers that only saved money at shariahbank (n1, Moslem customers that saved money both in shariah and conventional banks (n2, non-Moslemcustomers (n3. This study used primary data through questionnaires distributed to 400 people gotten from295.498 customers of shariah bank in Central Java. Then the customer data was analyzed by using logit model.For groups of customers’ n2 and n3, the interest rate had a significant negative effect on the commitment toinvest in shariah banks. However, for n1, the interest rate did not affect anything. n1 customers developedrelationship with shariah bank because of religion ideology motive. The result showed that n2, n3 customershad rational-economic mindset, whereas n1 customers had emotional-ideology mindset. This result showedthat shariah banking customers were dominated by customers that had rational-economic character. The openingof disagreement about the bank interest which was not usury and which was supported by only some socioreligiousorganizations like NU and Muhammadiyah could be an important factor the growth of Islamicbanking.

  13. What Role Have Banks in Financial Crises?

    Directory of Open Access Journals (Sweden)

    Alin Marius ANDRIES

    2009-05-01

    Full Text Available Financial crises mainly manifest themselves at the level of financial institutions. Although financial crises can also be generated within non-financial institutions, the role of banking institutions in the occurrence, transmitting and solving of financial crises is a deciding one. Banks play a deciding role in the development of financial crises as financial intermediaries who contribute to the efficient transfer of funds from the abundant agent towards the deficit agents. Banks can facilitate the financial crises through the activities performed on the financial markets that can influence the interest rates, the uncertainty on the market and the price of assets, but moreover bank crises can occur that transform financial crises. This paper aims to analyze the role of banks in the emergence, the propagation, the prevention or solving financial crises.

  14. The Bank Lending Channel and Monetary Policy Rules for European Banks: Further Extensions

    OpenAIRE

    Nicholas Apergis; Miller, Stephen M.; Effrosyni Alevizopoulou

    2012-01-01

    The monetary authorities affect the macroeconomic activity through various channels of influence. This paper examines the bank lending channel, which considers how central bank actions affect deposits, loan supply, and real spending. The monetary authorities influence deposits and loan supplies through its main indicator of policy, the real short-term interest rate. This paper employs the endogenously determined target interest rate emanating from the central bank’s monetary policy rule to ex...

  15. 基于ARFIMA-FIGARCH模型的利率市场风险度量%A Study on Risk Measurement of Inter-bank lending Interest Rate Based on ARFIMA-FIGARCH Model

    Institute of Scientific and Technical Information of China (English)

    王宣承; 陈艳

    2014-01-01

    With the acceleration of China's market-oriented interest rate reform and the implementation of Basel III ,the risk management in interest market causes widespread concern .As the main tool to raise short-term liquidity ,Shanghai Interbank Offered Rate (Shibor ) has become the benchmark rate w hen financial institutions make decisions ,and is playing an increasingly important role .In this paper ,based on the traditional ARMA-GARCH model ,Hurst index is introduced to capture the fractal characteristics of Shibor ,the expanded ARFIMA-FIGARCH model is used to measure the risk of overnight and 1 week interest rates in Shanghai interbank market , and back-testing is performed for VaR constructed by different models .The results show that Shibor yields have fractal characteristics and anti-persistent ,which means today's earnings brings on tomorrow's losing ;Compared with the original one ,ARFIMA-FIGARCH model is more accurate measure of Shibor after consideration of fractal characteristics ;in the interbank market ,Ged distribution is an ideal choice for explaining long VaR ,and Normal distribution is an ideal choice for short VaR .%随着中国利率市场化改革的加速,利率市场的风险管理问题引发了广泛的关注,作为筹集短期流动性资金的主要工具,同业拆借利率(Shibor)逐渐成为各金融机构决策参考的基准利率。在传统的ARMA-GARCH模型的基础上,引入Hurst指数捕捉Shibor的分形特征,使用扩展后的ARFIMA-FIGARCH模型对Shibor的隔夜和7日利率收益率的VaR进行度量和回测检验。结果显示:隔夜和7日利率收益率都具有反持续性,即收益率过去是上升趋势,则未来倾向于下降;考虑分形特征的ARFIMA-FIGARCH模型,比原模型对Shibor的度量更准确;在同业拆借市场中,Ged分布是解释多头VaR的理想选择,而正态分布是解释空头VaR的理想选择。

  16. Limit Pricing when incumbents have conflicting interests

    DEFF Research Database (Denmark)

    Schultz, Christian

    1999-01-01

    This paper considers entry into a market with two incumbents where one prefers entry and one dislikes it. Unlike the entrant, incumbents know market demand. In separating equilibria incumbents play full information Nash-equilibrium strategies. When beliefs are unprejudiced, separating equilibria...... only exist if entry is relatively unimportant for an incumbent. In growing markets this condition will tend to be violated so that only pooling equilibria may exist...

  17. 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.

  18. 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...

  19. Bank Solvency, Market Structure, and Monitoring Incentives

    OpenAIRE

    Caminal, Ramon; Matutes, Carmen

    1997-01-01

    We analyse the impact of market structure on the probability of banking failure when banks’ loan portfolios are subject to aggregate uncertainty. In our model borrowers are subject to a moral hazard problem, which induces banks to choose between two second-best alternative devices: costly monitoring and credit rationing. We show that investment depends on both the lending rate and the information structure. Since monitoring incentives increase with interest rate margins, the relationship betw...

  20. 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.

  1. Data Analysis Trumps Specialist Advice: How Direct Banks Function

    Directory of Open Access Journals (Sweden)

    Skiera Bernd

    2016-11-01

    Full Text Available Low interest rates and sluggish economic growth are not exactly ideal conditions for the financial services industry. Almost daily we are confronted with reports of inadequate capital bases, declining earnings, and layoffs at banks. But while many traditional retail banks are struggling with a business downturn, the direct bank market is enjoying steady and respectable growth despite a challenging environment. Dr. Schmidberger, Fully Authorized Representative at ING-DiBa Germany, offers us a glimpse behind the curtains of this direct bank. We will learn how data technology is used so that bank customers are (more satisfied.

  2. 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".

  3. 12 CFR 9.12 - Self-dealing and conflicts of interest.

    Science.gov (United States)

    2010-01-01

    ... ACTIVITIES OF NATIONAL BANKS Regulations § 9.12 Self-dealing and conflicts of interest. (a) Investments for... of a fiduciary account for which a national bank has investment discretion in the stock or... with whom there exists an interest that might affect the exercise of the best judgment of the bank. (2...

  4. Mechanism and accounting treatment of interest rate swap

    Directory of Open Access Journals (Sweden)

    Prošić Danica

    2015-01-01

    Full Text Available Interest rate swap is a derivative which is today routinely used in the financial sector worldwide. As opposed to that, the swap market in Serbia is reduced to basic versions of interest rate swaps only, and is limited to the major users and providers of services in the financial market. Banks in Serbia have been introducing and promoting interest rate swaps as one of their services rather slowly, which can be deduced from various information on interest rate swaps and non-innovative offers of these instruments. On the other hand, companies are unable to recognize interest rate swaps as instruments of hedge against the negative effects of interest rate fluctuations, and a way to gain competitive edge in relation to other market participants. One of the obstacles for using interest rate swaps is unwillingness of companies to get informed and educated, and to enter new transactions. The volume of conducted swap transactions depends on the level of understanding on the part of their participants. Expansion of knowledge helps bridge the gap between theory and practice, thereby encouraging a more intensive implementation of interest rate swaps in the future.

  5. 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.

  6. 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

  7. 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...

  8. 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...

  9. 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...

  10. Governance of Banks in an Era of Regulatory Change and Declining Public Confidence

    NARCIS (Netherlands)

    Minto, Andrea; McCormick, Roger

    2014-01-01

    Corporate governance reforms have become more intrusive for banks than might be thought appropriate for “ordinary corporates”. “Heavier” regulation in this area is justified by the public interest at stake in bank activity and the risk to the public interest if a bank is allowed to fail (and the

  11. Governance of Banks in an Era of Regulatory Change and Declining Public Confidence

    NARCIS (Netherlands)

    Minto, Andrea; McCormick, Roger

    2014-01-01

    Corporate governance reforms have become more intrusive for banks than might be thought appropriate for “ordinary corporates”. “Heavier” regulation in this area is justified by the public interest at stake in bank activity and the risk to the public interest if a bank is allowed to fail (and the cos

  12. 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 ...

  13. 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...

  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. 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...

  16. The Impact of Foreign Banks Presence on the Performance of Domestic Banks in Kosovo during the Period 2001-2007

    Directory of Open Access Journals (Sweden)

    Driton Balaj

    2010-12-01

    Full Text Available The purpose of this study is to empirically research the impacts of the foreign bank’spresence on the performance of domestic banking sector in Kosovo. The research data on foreign anddomestic banking are quarterly time seri data gathered by the Central Bank for the period 2001-2007.By using the compatible data on seven commercial banks, we introduce how the net interest margin,non interest margin, overhead cost, tax paid, and profitability differ between the foreign and domesticbanks. We find that the foreign banks have higher net interest margin and profit than the domesticbanks. The research outcome indicates that the presence of foreign banks had a negative andstatistically significant impact on the net interest margin and loan loss provision of domestic banks,but positively related to the non-interest income, overhead cost and profitability of domestic banks,but we did not find any statistically significant values. The general conclusion is that the presence offoreign banks has not influenced on the increase of competitiveness.

  17. 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

  18. 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.

  19. 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

  20. 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

  1. 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

  2. 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.

  3. 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

  4. ANTESEDEN ATTITUDE TOWARDS M-BANKING DAN DAMPAKNYA TERHADAP BEHAVIORAL INTENTION TO ADOPT M-BANKING

    Directory of Open Access Journals (Sweden)

    Titon Adrinanto

    2016-02-01

    Full Text Available The background of this research was m­banking users in Indonesia is still low despite the mobile phone users in developed and developing countries in the world has increased rapidly since 21st century. Some bank companies in Indonesia has been offering m­banking service but the use of m­banking for financial transaction is still low and limited. The objectives of this research was to analyze the antecedents of attitude towards m­banking and its impact on behavioral intention to adopt m­banking. The design of this research applies hypothesis testing. 200 samples selected from prospective user of 3 government bank. The sampling technique was purposive sampling with cross­sectional study. Data analysis used in this research was collected by questionnaire technique with item of statements for each variable. In order to obtain valid and reliable instrument tool, validity and reliability test has been done. The result of this research conclude that there is positive effect perceived usefulness, perceived ease of use, perceived competence, perceived communication, perceived privacy and security, society influence, and facilitating condition on attitude towards m­banking. This study supports that there is positive influence on attitude towards m­banking on behavioral intention to adopt m­banking.

  5. Effort Levels of Capital-constrained Retailer under Bank Financing

    Institute of Scientific and Technical Information of China (English)

    Xiaojing LIU; Xingzheng AI; Xiaowo TANG

    2015-01-01

    In a supply chain with a retailer confronted with financial constraints,impacts on profits of the supply chain can be alleviated by increasing the retailer’s efforts and market demand through external financing( bank). If the cost of bank lending is not very high,the capitalconstrained retailer can borrow money and make efforts. The reduction of bank interest rates,however,increases the retailer’s efforts. We prove that there is a unique equilibrium point between the retailers. We find out the optimal interest rate of the bank and the optimal efforts by the retailer through numerical analysis and verify validity of the results.

  6. Medicare program; limit on the valuation of a depreciable asset recognized as an allowance for depreciation and interest on capital indebtedness after a change of ownership--HCFA. Final rule with comment period.

    Science.gov (United States)

    1998-01-09

    This final rule with comment period revises the Medicare provider reimbursement regulations relative to allowable costs and sets a limit on the valuation of a depreciable asset that may be recognized in establishing an appropriate allowance for depreciation and for interest on capital indebtedness after a change of ownership that occurs on or after December 1, 1997. These provisions apply to providers that are reimbursed on the basis of reasonable costs. This change implements the mandate in section 4404 of the Balanced Budget Act of 1997 (Pub. L. 105-33).

  7. Ethical and legal issues raised by cord blood banking - the challenges of the new bioeconomy.

    Science.gov (United States)

    Stewart, Cameron L; Aparicio, Lorena C; Kerridge, Ian H

    2013-08-19

    • Cord blood banking raises ethical and legal issues which highlight the need for careful regulatory approaches to the emerging bioeconomy. • Consent processes for both private and public banking should be inclusive and representative of the different familial interests in the cord blood. • Property law is a potentially useful way of understanding the mechanisms for donation to both public and private banks. • Increasing tensions between public and private models of banking may require the adoption of hybrid forms of banking.

  8. 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 ...

  9. RMB Interest Rates Will Continue to Rise

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    Lehman Brothers say that the recent 0.27 percentage point rise in RMB interest rates is just for starters, and that China will continue to higher RMB interest rates, They forecast a rise up to 6 percent on a oneyear loan by the end of 2005. Liang Hong,chief economist at the Goldman Sachs investment bank, says that although the rise in RMB interest rates may be minimal,

  10. TITLE COMPLIANCE FUNCTION AUDIT IN COMMERCIAL BANKS

    Directory of Open Access Journals (Sweden)

    Marian Sabin Constantin

    2016-12-01

    Full Text Available The goal of this paper is to investigate the mechanisms implemented by the banking system to combat money laundering and terrorism, on the background of the increase in the volume of financial transactions. Starting from the variety of mechanisms and forms of money laundering and from the increase interest of the states in combating related crimes, institutions specializing in combating this phenomenon were created at intergovernmental level. The banking system as a whole is interested in combating the phenomenon given the distortions that can be generated by a generalized context of fraud, corruption and money laundering, substantiated in damaging the credibility of the financial institutions with which it enters a business relationship, to the extent where it is impossible to determine the currency necessary based on the demand of the real economy. In this context, the investigation of the mechanisms implemented by banking institutions with the purpose of identifying and blocking suspicions transactions is of special interest.

  11. 12 CFR 1229.9 - Discretionary actions applicable to significantly undercapitalized Banks.

    Science.gov (United States)

    2010-01-01

    ... the growth of any asset or class of assets held by the Bank. Such limitation may be stated in an...) Reduce the amount of any asset or class of asset held by the Bank. Such reduction may be stated in an... management at the Bank by: (i) Ordering a new election for the Bank's board of directors in accordance...

  12. Interest Rate Pass-through in Sri Lanka

    OpenAIRE

    Amarasekara, Chandranath

    2005-01-01

    The Central Bank of Sri Lanka has increasingly been relying on interest rates as the instrument for conducting monetary policy. Changes to the key monetary policy variables, the Repo and the Reverse Repo rates, are initially expected to be reflected in the OMO rates and the call money market rates, before being passedthrough to commercial bank retail interest rates. It is important to obtain a good understanding of the speed and magnitude of the interest rate pass-through to make timely monet...

  13. Evaluation of Online Bank Effici ency in Bangladesh: A Data Envelopment Analysis (DEA Approach

    Directory of Open Access Journals (Sweden)

    Mohammad Romel Bhuia

    2012-08-01

    Full Text Available This study aims to examine the relative efficiency of Bangladesh online banks during 2001 – 2007 by utilizing Data Envelopment Analysis (DEA. Based on the several online sampled banks, the findings reveal that the most efficient banks were AL-Arafah Islami Bank Limited, Shahajalal Islami Bank Limi ted, Eastern Bank Limited, and the less efficient banks over the study period were Janata Bank Limited, Uttara Bank Limited, United Commercial Bank Limited, Pubali Bank Limited, and AB Bank Limited. Among the three groups Group-1 (n=20, Group-2 (n=18, Group-3 (n=15 we observed that the individual efficiency level of banks are increasing group by grou p. The efficiency level of Group-2 was slightly increased from the effi ciency level of Group-1. The source of efficiency of the sampled banks was found to be lower for technical efficiency and scale efficiency rather than pure technical efficiency. Moreover, the scale inefficiency was found lower in G-3 compare to G-1 and G-2. Th is indicated that the scale inefficiency was observed decreasing group by group and these were attributable to technical efficiency rather than pure technical inefficiency.

  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. 名义账户利率理论溯源及其应用局限性%Origin of Notional Defined Contribution Interest Rate Theory and Its Limitations in Application

    Institute of Scientific and Technical Information of China (English)

    齐传钧

    2016-01-01

    名义账户利率是名义账户制度的核心要素,也是选择名义账户利率指数化变量的主要依据。探讨名义账户利率实质上就等同于研究现收现付制养老金制度的内部收益率问题。在厘清现收现付制经济含义基础上,通过对相关理论的梳理、归纳和推演,名义账户制利率本质上就是“黄金律”条件下的经济增长率。但是,因为受制于经济、人口和养老金制度实际运行状况,这一利率理论应用局限性也非常明显,从而为进一步的应用讨论提供支持和借鉴。%The determination of the interest rate is the core element of the notional defined contribution ( NDC) system, and it is also the main basis for the choice of the interest rate index. The interest rate is essentially equivalent to internal rate of return of PAYG pension system. By combing the relevant theory, induction and deduction, the interest rate is essentially the economic growth rate at the Golden Rule level rule. However, due to subject to the actual operation of the economic, population and pension system, there are very obvious limitations for the application of the theory.

  16. 国外央行实施名义负利率政策的原因与利弊分析%An Analysis of the Reasons and Advantages and Disadvantages of the Abroad Central Bank Implements the Nominal Negative Interest Rate Policy

    Institute of Scientific and Technical Information of China (English)

    娄飞鹏

    2016-01-01

    近年来全球先后有多家央行实施名义负利率政策,带来较大影响并引起各界的广泛关注。本文以利率对宏观经济的影响机制为基础,分析了国外央行实施名义负利率政策的原因主要是刺激国内宏观经济增长、平衡国际收支。但通过对实施名义负利率政策的目标成效进行预判认为,负利率政策效果并未达到预期,甚至弊大于利。因此,我国货币政策更保持相对的独立性和自主性,结合我国经济社会发展的实际情况,加强宏观经济政策间的协调配合。%In recent years, many central banks have implemented the nominal negative interest rate policy, which has brought serious influence and aroused widespread concern. Based on the mechanism of the influence of inter-est rate on macro-economy, this paper analyzes the reasons of implementing nominal negative interest rate policy are to stimulate the domestic macro-economic growth and achieve the balance of payments. However,through the estima-tion of the target effect of implementing the nominal negative effect, it believes that the policy effect has not been achieved, with the cons surpassing the pros. Therefore, China's monetary policy should maintain its independence. Combined with the real situation of our economic and social development, we should strengthen the coordination be-tween the macro-economic policies.

  17. 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.

  18. Evaluation of Social Networks Sites in the Banking Sector: An Analysis of Top 200International Banks

    Directory of Open Access Journals (Sweden)

    FRANCISCO JAVIER MIRANDA

    2013-08-01

    Full Text Available Social networks have become an interesting marketing tool for the banking sector to manage contact and interaction with their actual and potential customers. The purpose of this study was to evaluate the use of Facebook by the top 200 international banks. Our paper proposes a new instrument called Facebook Assessment Index (FAI, which uses three categories to evaluate the essential information on a firm's Facebook page: popularity, interactivity, and content. Only 60% of the banks tested had official Facebook page. The results show large differences between them inthe three dimensions of FAI and a great improvement opportunity in the use of Facebook as a marketing tool in the sector. These results not only serve to create a ranking of banks, but also can be used by bank manager as a benchmarking analysis of best Facebook pages, suggesting improvements to their current Facebook pages

  19. CMB Science: Opportunities for a Cryogenic Filter-Bank Spectrometer

    Science.gov (United States)

    Tartari, A.; Battistelli, E. S.; Piat, M.; Prêle, D.

    2016-08-01

    Cosmic microwave background (CMB) spectral science is experiencing a renewed interest after the impressive result of COBE-FIRAS in the early Nineties. In 2011, the PIXIE proposal contributed to reopen the prospect of measuring deviations from a perfect 2.725 K planckian spectrum. Both COBE-FIRAS and PIXIE are differential Fourier transform spectrometers (FTSes) capable to operate in the null condition across ˜ 2 frequency decades (in the case of PIXIE, the frequency span is 30 GHz-6 THz). We discuss a complementary strategy to observe CMB spectral distortions at frequencies lower than 250 GHz, down to the Rayleigh-Jeans tail of the spectrum. The throughput advantage that makes the FTS capable of achieving exquisite sensitivity via multimode operation becomes limited at lower frequencies. We demonstrate that an array of 100 cryogenic planar filter-bank spectrometers coupled to single mode antennas, on a purely statistical ground, can perform better than an FTS between tens of GHz and 200 GHz (a relevant frequency window for cosmology) in the hypothesis that (1) both instruments have the same frequency resolution and (2) both instruments are operated at the photon noise limit (with the FTS frequency band extending from ˜ tens of GHz up to 1 THz). We discuss possible limitations of these hypotheses, and the constraints that have to be fulfilled (mainly in terms of efficiency) in order to operate a cryogenic filter-bank spectrometer close to its ultimate sensitivity limit.

  20. RETAIL BANKING BUSINESS: CURRENT STATE ANDSPECIFIC FEATURES

    Directory of Open Access Journals (Sweden)

    Гузель Рефкадовна Фаизова

    2013-04-01

    Full Text Available The role and importance of the retail banking business in the banking sector continueto grow. The current state of the retail banking business is considered and specific features of this area in the face of growing demand for banking products and services by the public and interest from lending institutions are identified by the article.Purpose: Research of current state of retail banking business and detection specific features of this area.Methodology: In the process of analysis and researchof the question the methods of economical and statistical analysis, methods of comparison and generalizationwereused.Results: The conclusion is that interest in the retail banking business continues to grow.There were revealed the role and the importance of standardized service processes and standardized products and services delivering as one of the main line of development in the segment of retail business.DOI: http://dx.doi.org/10.12731/2218-7405-2013-3-2

  1. EVOLUTIONARY ASPECTS OF THE GEORGIAN BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Tamar ATANELISHVILI

    2016-08-01

    Full Text Available Georgian monetary relations have a centuries-old history. Credit associations were first founded in 11-13th centuries. Network of credit institutions became larger in the 19th century – independent commercial banks were established in the second half of the 19th century. Central State Bank of Georgia was established in the Democratic Republic of Georgia in the beginning of the 20th century. At the same time, there were efforts to create independent two-level banking system, although those efforts failed due to forceful sovietization of Georgia. But still, independent banking system was founded in Georgia after the collapse of the former Soviet Union. This work examines afore-mentioned evolutionary processes and some of peculiarities of modern banking system. The research shows that modern Georgian banking system is growing fast but it contains signs of oligopoly which contradicts the interests of vast masses of population and entrepreneurial development, while stimulating retaining of high interest rates and devaluation of national currency.

  2. DISCRIMINANT ANALYSIS OF BANK PROFITABILITY LEVELS

    Directory of Open Access Journals (Sweden)

    Ante Rozga

    2013-02-01

    Full Text Available Discriminant analysis has been employed in this paper in order to identify and explain key features of bank profitability levels. Bank profitability is set up in the form of two categorical variables: profit or loss recorded and above or below average return on equity. Predictor variables are selected from various groups of financial indicators usually included in the empirical work on microeconomic determinants of bank profitability. The data from the Croatian banking sector is analyzed using the Enter method. General recommendations for a more profitable business of banking found in the bank management literature and existing empirical framework such as rationalization of overhead costs, asset growth, increase of non-interest income by expanding scale and scope of financial products proved to be important for classification of banks in different profitability levels. A higher market share may bring additional advantages. Classification results, canonical correlation and Wilks’ Lambda test confirm statistical significance of research results. Altogether, discriminant analysis turns out to be a suitable statistical method for solving presented research problem and moving forward from the bankruptcy, credit rating or default issues in finance.

  3. 12 CFR 7.4001 - Charging interest at rates permitted competing institutions; charging interest to corporate...

    Science.gov (United States)

    2010-01-01

    ... following fees connected with credit extension or availability: numerical periodic rates, late fees... fees to its intrastate customers. The national bank may also charge late fees to its interstate customers because the fees are interest under the Federal definition of interest and an allowable charge...

  4. Better Micro Financers in Pakistan, Banks or Financial Institutions

    Directory of Open Access Journals (Sweden)

    Muhammad Imtiaz Subhani

    2011-02-01

    Full Text Available The paper is an emphasis on the financial sustainability of micro financing in Pakistanwhere Banks and institution use different products & services that help in reducing the poverty bycoping up with subjective & objective poverty, this study found that banks were morecommercialized in terms of payback & interest rates while engaged in micro financing but despitethat Banks are endeavoring more ventures to uplift poverty in Pakistan through micro financing topoor.

  5. Analisis Hubungan Kelembagaan Antara Otoritas Jasa Keuangan Dengan Bank Indonesia

    OpenAIRE

    Sigalingging, Bisdan

    2013-01-01

    The independent Financial Service Authority was established to materialize a national economy that can sustainably grow and be stable, especially for the activities in banking sector, to materialize an healthy banking system and to protect the customers’ interest in particular and that of community members in general. The Financial Service Authority has a closed relationship with the other institutions to run its function, duty, authority of regulating and controlling banking activities integ...

  6. Regional differences in bank office service accessibility: an entry approach

    OpenAIRE

    Aki Koponen

    2009-01-01

    Structural changes in retail banking markets and development of remote access technologies have reduced the number of bank branches in many developed countries. That makes close-downs of bank branches and service accessibility in rural/peripheral regions interesting topics of public discussion. This paper uses an empirical entry approach in order to analyze whether the peripheral regions have suffered from the development branch networks in general, or are some specific regions faced more clo...

  7. Interest Rate Risk Management and the Use of Derivative Securities

    Directory of Open Access Journals (Sweden)

    Ioana-Diana PĂUN

    2013-12-01

    Full Text Available This study aims to demonstrate the utility of derivative financial instruments for the management of interest rate risk that is faced by banks and financial institutions, and to provide an efficient flow of monitoring and control thereof. Banking institutions can now use a combination of balance sheet and off balance sheet measures, i.e. gap method, of interest rate risk management, in order to control exposure of short-term rates and derivatives to control the residual interest rate exposures. The result of the study shows that banks can achieve better diversification and risk management using derivatives.

  8. 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...

  9. 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.

  10. 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.

  11. 12 CFR 1500.6 - What risk management, record keeping and reporting policies are required to make merchant banking...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false What risk management, record keeping and... interest under this part and protect the financial holding company and its depository institution... Banking DEPARTMENT OF THE TREASURY GENERAL PROVISIONS MERCHANT BANKING INVESTMENTS § 1500.6 What risk...

  12. 75 FR 33306 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

    Science.gov (United States)

    2010-06-11

    ... Capital Management, L.L.C.; and Anchorage Advisors Management, L.L.C., all of Wilmington, Delaware; Kevin... Management LP, a Delaware limited partnership; Tailwind Capital Group LLC, a Delaware limited liability... Classic Bank, N.A., both of Cameron, Texas. Board of Governors of the Federal Reserve System, June 7, 2010...

  13. 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...

  14. 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.

  15. Credit risk exposure with interest and currency swaps

    NARCIS (Netherlands)

    Coppes, R.C.; Stokking, E.J.

    1996-01-01

    The increased use of financial derivatives like interest rate and currency swap contracts has drawn much attention, as it exposes banks to non-performance by their counterparts. This credit risk exposure is of great concern to monetary authorities, e.g. the Bank for International Settlements. Ln

  16. Credit risk exposure with interest and currency swaps

    NARCIS (Netherlands)

    Coppes, R.C.; Stokking, E.J.

    1996-01-01

    The increased use of financial derivatives like interest rate and currency swap contracts has drawn much attention, as it exposes banks to non-performance by their counterparts. This credit risk exposure is of great concern to monetary authorities, e.g. the Bank for International Settlements. Ln thi

  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. Islamic Banking Opportunities Across Small and Medium Enterprises

    OpenAIRE

    International Finance Corporation

    2017-01-01

    In recent years, banks in Pakistan and the Middle East and North Africa (MENA) region have become increasingly interested in targeting the small and medium enterprise (SME) sector and have realized that many small businesses demand Shariah-compliant banking. To provide clarity on the subject, International Finance Corporation (IFC) commissioned a study to better understand the demand and s...

  19. Portfolio separation and the dynamics of bank Iiterest rates

    NARCIS (Netherlands)

    Dia, E.; Giuliodori, M.

    2012-01-01

    We develop a dynamic model of the interest rates of a monopolistic bank, providing both intermediation and payment services. We obtain testable restrictions on portfolio separation from the dynamic terms of the reduced-form solutions, and test the model using balance-sheet data from large banks of

  20. Portfolio separation and the dynamics of bank Iiterest rates

    NARCIS (Netherlands)

    Dia, E.; Giuliodori, M.

    2012-01-01

    We develop a dynamic model of the interest rates of a monopolistic bank, providing both intermediation and payment services. We obtain testable restrictions on portfolio separation from the dynamic terms of the reduced-form solutions, and test the model using balance-sheet data from large banks of 1

  1. Deposit Withdrawals from Distressed Commercial Banks: The Importance of Switching Costs

    OpenAIRE

    Brown, Martin; Guin, Benjamin; Morkoetter, Stefan

    2014-01-01

    We study retail deposit withdrawals from large European commercial banks which incurred investment losses in the wake of the U.S. subprime crisis. We document a strong propensity of households to withdraw deposits from distressed banks even though the banks were widely considered to be too-big-to-fail. However, this withdrawal risk is substantially mitigated by client-level switching costs that arise from a tight relationship with a distressed bank or limited access to non-distressed banks. O...

  2. 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

  3. Dominant shareholders, board structure and bank performance: Evidence from Serbia

    Directory of Open Access Journals (Sweden)

    Stančić Predrag

    2012-06-01

    Full Text Available We investigate relation between board structure (size and composition and bank performance in 18 Serbian commercial banks with a dominant shareholder in 2006-2010. We analyze this relation using OLS regression analysis on an unbalanced panel dataset of 75 observations. We find no significant relation between proportion of independent directors on the board and bank performance. We also find no significant relation between bank market performance and board size. We find that bank profitability, measured by ROA and ROE, increase as the number of directors on the board decreases. This result is statistically significant after controlling for endogenous variables and unobserved macroeconomic effects. We conclude that Serbian banks with dominant shareholder should put limits on board size. The relation between bank performance and ownership concentration ratio is always negative, but significant only in case of ROA and ROE.

  4. 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...

  5. Bankers Focus on Clients – But What Do Banks Do? : Report of the Dutch banking culture survey 2014

    NARCIS (Netherlands)

    I.P. van Staveren (Irene); R. van Tilburg (Rens)

    2015-01-01

    markdownabstractBank employees in the Netherlands want to focus on clients and the interests of their clients. But they feel constrained to do so by the dominant banking culture. They have low trust in their employers, they feel not motivated by the targets they are required to meet, and they experi

  6. 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.

  7. CROSS-COUNTRY STUDY ON THE DETERMINANTS OF BANK FINANCIAL DISTRESS

    Directory of Open Access Journals (Sweden)

    Zhen-Jia-Liu

    2015-08-01

    Full Text Available Bank failures affect owners, employees, and customers, possibly causing large-scale economic distress. Thus, banks must evaluate operational risks and develop early warning systems. This study investigates bank failures in the Organization for Economic Co-operation and Development, the North America Free Trade Area (NAFTA, the Association of Southeast Asian Nations, the European Union, newly industrialized countries, the G20, and the G8. We use financial ratios to analyze and explore the appropriateness of prediction models. Results show that capital ratios, interest income compared to interest expenses, non-interest income compared to non-interest expenses, return on equity, and provisions for loan losses have significantly negative correlations with bank failure. However, loan ratios, non-performing loans, and fixed assets all have significantly positive correlations with bank failure. In addition, the accuracy of the logistic model for banks from NAFTA countries provides the best prediction accuracy regarding bank failure

  8. 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.

  9. Islamic banks and profitability: an empirical analysis of Indonesian banking

    OpenAIRE

    Jordan, Sarah

    2013-01-01

    This paper provides an empirical analysis of the factors that determine the profitability of Indonesian banks between the years 2006-2012. In particular, it investigates whether there are any significant differences in terms of profitability between Islamic banks and commercial banks. The results, obtained by applying the system-GMM estimator to the panel of 54 banks, indicate that the high bank profitability during these years were determined mainly by the size of the banks, the market share...

  10. Bank Lending and Relationship Banking: Evidence from Chilean Firms

    OpenAIRE

    Andrea Repetto; Sergio Rodríguez; Rodrigo O. Valdés

    2002-01-01

    In this paper we empirically study bank-client relationships using a sample of manufacturing Chilean firms. We examine whether concentration and the duration of bank-firm relationships affect the terms of bank financing, evaluating both the volume of bank lending and bank loan costs. Our results indicate that lower concentration, measured by the number of banks a firm borrows from, is associated with lower costs of loans and with a large and positive non-lincar effect on borrowing. The length...

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

    Directory of Open Access Journals (Sweden)

    Miranda Petronella VLAD

    2012-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Adnan Berisha

    2017-03-01

    Full Text Available The financial system in general and banking system in particular in Kosovo, is one of the most stable sectors, even though the Kosovo Economy is not in any enviable position and a stable financial system which would have an impact on greater economic growth. The focus of this research will be in the structure and organization of the financial system in Kosovo with particular emphasis on Kosovo's banking system for 2015. 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, by whom are licensed and supervised, how is the loans potential of commercial banks in Kosovo, how much and how was the variation of interest rates on loans and deposits for 2015 and their comparison with the previous year, what is capital sufficiency and how many commercial banks do have liquidity in Kosovo? Kosovo banking sector exposure to risk will also have a special attention where it is known that there are several types of financial risk and they are: crediting risk, liquidity risk, market risk, operational risk, etc. Our interest in this research will be focused on liquidity risk and the analysis about the management of each bank including some specific regulative frameworks such as: framework of the Basel Committee known as Basel I, Basel II and more recently Basel III, which have strict rules and which change from time to time depending on financial flows or potential crises.

  13. An Analysis of Ratings of Russian Banks

    NARCIS (Netherlands)

    van Soest, A.H.O.; Peresetsky, A.; Karminsky, A.M.

    2003-01-01

    Since the recent financial crisis, both the Russian business community and foreign investors have started to make more and more use of ratings of the reliability of Russian banks, i.e., their ability to meet interest and repayment commitments to the investors.In response to this, the number of ratin

  14. 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).

  15. Interest Rate Risk Management and the Use of Derivative Securities

    National Research Council Canada - National Science Library

    Ioana-Diana PĂUN; Ramona GOGONCEA

    2013-01-01

    This study aims to demonstrate the utility of derivative financial instruments for the management of interest rate risk that is faced by banks and financial institutions, and to provide an efficient...

  16. 78 FR 12360 - PNC Bank, National Association, Retail Bank Franklin, PA; PNC Bank, National Association, Retail...

    Science.gov (United States)

    2013-02-22

    ... Employment and Training Administration PNC Bank, National Association, Retail Bank Franklin, PA; PNC Bank, National Association, Retail Bank West Chester, IL; Notice of Negative Determination Regarding Application... Assistance (TAA) applicable to workers and former workers of PNC Bank, National Association, Retail...

  17. Modelling of Systemic Risk of Banking Sector

    Directory of Open Access Journals (Sweden)

    Laura Gudelytė

    2014-03-01

    Full Text Available Purpose – to evaluate the general networking and simulation approaches of modelling of systemic risk and the financial contagion and their ability to assess the banking sector resilience in the case of external economic shocks and collapse of idiosyncratic financial institutions.Design/methodology/approach – a general overview of research papers presenting concepts and methodologies of assessment of systemic risk of the banking sector.Findings – limitations of the networking approach and possible ways to improve modelling of systemic risk. The network approach cannot explain the causes of initial default of bank. On the other hand, assumptions made on LGD and interbank exposures are very strong. These features are important limitations of network and simulation approaches.Research limitations/implications – the application of reviewed methods in the case of Lithuanian banking sector falls, however, due to the lack of exhaustive data. On the other hand, until now, applied methods for systemic risk due to the lack of data have been limited. Also, because of this reason, there are difficulties to create adequate dynamic assessment for systemic risk models. Therefore, in assessing systemic risk of the banking sector, the same problem remains: is it possible to parameterize the financial crisis, its spread and speed and other characteristics according to quantitative methods. Knowing the liquidity, credit risk and other standards set in Basel Accords, it is also not enough to properly manage the systemic risk of the whole banking sector because for the proper activity of the banking sector not only characteristics related to capital requirements have influence on it, but also external (mostly the macroeconomic, political factors.Practical implications – determination of the explicit connection based on quantitative methods determining the systemic risk of the banking sector would be exact and objective assessment and useful not only for the

  18. 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.

  19. Applications of Parallel Processing in Mobile Banking

    Directory of Open Access Journals (Sweden)

    2007-01-01

    Full Text Available The future of mobile banking will be represented by such applications that support mobile, Internet banking and EFT (Electronic Funds Transfer transactions in a single user interface. In such a way, the mobile banking will be able to cover all the types of applications demanded at the market level. The parallel processing of credit card bank transactions could be performed with the help of a grid network. Excluding some limitations, the grid processing offers huge opportunities to exploit the parallelism. For this reason, a lot of applications of waiting queues in grid processing were developed in the last years. Grid networks represent a distinctive and very modern field of the parallel and distributed processing.

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

    Directory of Open Access Journals (Sweden)

    Michael Adusei

    2015-12-01

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

  1. The macroeconomics of banking

    NARCIS (Netherlands)

    van der Kwaak, C.G.F.

    2017-01-01

    This thesis studies the macroeconomic effectiveness of monetary and fiscal policy in an environment where commercial banks are undercapitalized after a financial crisis and have large holdings of (risky) government bonds on their balance sheets. An undercapitalized banking system cannot perfectly el

  2. Destroy The Bank! (case)

    NARCIS (Netherlands)

    Star, G.J. Van der; Maas, A.

    2016-01-01

    DZ Bank faces some significant challenges for the near future. One of them is the way payments are being made. This case is about Stefan, the Strategic Management Consultant of DZ Bank. He struggles with innovations and new technologies, such as Bitcoins. What does this mean for the future of the ba

  3. Optimal central bank transparency

    NARCIS (Netherlands)

    van der Cruijsen, C.A.B.; Eijffinger, S.C.W.; Hoogduin, L.

    2008-01-01

    Should central banks increase their degree of transparency any further? We show that there is likely to be an optimal intermediate degree of central bank transparency. Up to this optimum more transparency is desirable: it improves the quality of private sector inflation forecasts. But beyond the opt

  4. Optimal central bank transparency

    NARCIS (Netherlands)

    van der Cruijsen, C.A.B.; Eijffinger, S.C.W.; Hoogduin, L.H.

    2010-01-01

    Should central banks increase their degree of transparency any further? We show that there is likely to be an optimal intermediate degree of central bank transparency. Up to this optimum more transparency is desirable: it improves the quality of private sector inflation forecasts. But beyond the opt

  5. Innovative strategies of bank

    Directory of Open Access Journals (Sweden)

    G.A Peresadko

    2012-03-01

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

  6. Banking and trading

    NARCIS (Netherlands)

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

    2013-01-01

    We study the interaction between relationship banking and short-term, scalable arm’s length finance which we call trading. Relationship banking is not scalable, has high franchise value, is long-term oriented and low risk. Trading is transaction-based: scalable, with lower margins (capital constrain

  7. Banking and trading

    NARCIS (Netherlands)

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

    2013-01-01

    We study the interaction between relationship banking and short-term, scalable arm’s length finance which we call trading. Relationship banking is not scalable, has high franchise value, is long-term oriented and low risk. Trading is transaction-based: scalable, with lower margins (capital

  8. Essays in empirical banking

    NARCIS (Netherlands)

    Bai, Y.

    2015-01-01

    This dissertation consists of three essays on empirical banking. They study how do information and political activeness affect banks’ lending behavior, as well as the effect of lending relationship with banks on firms’ stock performance during interbank liquidity crunch. The first essay looks at a t

  9. Destroy The Bank! (case)

    NARCIS (Netherlands)

    dr. A. Maas; G.J. Van der Star

    2016-01-01

    DZ Bank faces some significant challenges for the near future. One of them is the way payments are being made. This case is about Stefan, the Strategic Management Consultant of DZ Bank. He struggles with innovations and new technologies, such as Bitcoins. What does this mean for the future of the

  10. Bank Savings and Bank Credits in Nigeria: Determinants and Impact on Economic Growth

    Directory of Open Access Journals (Sweden)

    Orji Anthony

    2012-01-01

    Full Text Available This study investigated the determinants of bank savings in Nigeria as well as examined the impact of bank savings and bank credits on Nigeria’s economic growth from 1970-2006. We adopted two impact models; Distributed Lag-Error Correction Model (DL-ECM and Distributed Model. The empirical results showed a positive influence of values of GDP per capita (PCY, Financial Deepening (FSD, Interest Rate Spread (IRS and negative influence of Real Interest Rate (RIR and Inflation Rate (INFR on the size of private domestic savings. Also a positive relationship exists between the lagged values of total private savings, private sector credit, public sector credit, interest rate spread, exchange rates and economic growth. We therefore recommend, among others, that government’s effort should be geared towards improving per capita income by reducing the unemployment rate in the country in a bid to accelerate growth through enhanced savings.

  11. Foreign Funds for City Banks

    Institute of Scientific and Technical Information of China (English)

    WANGPEI

    2005-01-01

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

  12. Robust regional banking sector faces new economic hurdles

    OpenAIRE

    Klemme, Kelly; Edward C. Skelton

    2015-01-01

    Profitability held steady at Eleventh District banks in 2014 as they continued outperforming their counterparts nationwide. However, rising interest rates and lower oil prices have emerged as potential tests for the region’s institutions.

  13. The effects of credit policy on bank performance: Evidence from ...

    African Journals Online (AJOL)

    ... and ameliorate their financial indices, thereby maximizing their profits. ... Banks have unusually high and increasing average interest rate spreads and ... The findings imply that Rwanda can accelerate its economic growth by improving its ...

  14. Withholding taxes and international bank credit terms

    OpenAIRE

    Huizinga, Harry

    1991-01-01

    This report shows empirically that international differences in withholding tax rates are indeed largely reflected in bank credit terms. Using a sample of 510 loans to 14 debtor nations originated between 1971 and 1981, the author finds that the developing countries have been able to reduce their interest expense by an estimated 56 cents for every dollar of tax withheld at the source. He concludes that tax treatment in the creditor country of interest income from foreign sources probably stil...

  15. Competition in investment banking

    Directory of Open Access Journals (Sweden)

    Katrina Ellis

    2011-01-01

    Full Text Available We construct a comprehensive measure of overall investment banking competitiveness for follow-on offerings that aggregates the various dimensions of competition such as fees, pricing accuracy, analyst recommendations, distributional abilities, market making prowess, debt offering capabilities, and overall reputation. The measure allows us to incorporate trade-offs that investment banks may use in competing for new or established clients. We find that firms who switch to similar-quality underwriters enjoy more intense competition among investment banks which manifests in lower fees and more optimistic recommendations. Investment banks do compete vigorously for some clients, with the level of competition related to the likelihood of gaining or losing clients. Finally, investment banks not performing up to market norms are more likely to be dropped in the follow-on offering. In contrast, firms who seek a higher reputation underwriter face relatively non-competitive markets.

  16. 75 FR 20810 - Proposed Information Collection; Comment Request; Statement of Financial Interests, Regional...

    Science.gov (United States)

    2010-04-21

    ... Council fishery. These interests include harvesting, processing, lobbying, advocacy, or marketing activity... record. Dated: April 16, 2010. Gwellnar Banks, Management Analyst, Office of the Chief...

  17. E-Banking of Economical Prospects in Bangladesh

    Directory of Open Access Journals (Sweden)

    Mohammad Azizul Baten

    2010-08-01

    Full Text Available Now a day’s due to emerging global economy, e-commerce and e-business have increasingly become a necessary component of business strategy and a strong catalyst for economic development. The new information technology is becoming an important factor in the future development of financial services industry, and especially banking industry. As a third-world developing country, Bangladesh is far behind to reach the expected level in global banking system. So it is our urgent need to upgrade its banking system. This paper is aimed at to determine economical prospects of e-banking and to explain the present scenario of banking sectors in Bangladesh and at the same time it demonstrates the scope and benefits of e-banking compared with the existing system. This paper also tries to present actual sit uation of e-banking in the marketing point of view in Bangladesh. The results of th is study shows that e-banking serves several advantages to Bangladeshi banking sector, however, the study also shows that the Bangladeshi customers have not enough knowledge regarding e-banking which is rendering by banking sector in Bangladesh. A discussion of the implications of these results and limitations are provided at the end.

  18. Interest Rate Transmission to Commercial Credit Rates in Austria

    OpenAIRE

    Burgstaller, Johann

    2003-01-01

    The transmission process from policy-controlled interest rates to bank lending rates deserves reconsideration owing to the implementation of the European Monetary Union (EMU) in 1999. Additional attention to the subject in Austria is due to several large banks which, in 2002, have been charged for not passing on interest rate decreases to their customers. I examine dynamic responses of commercial credit rates to changes in key policy rates and money market rates. Using Austrian data from 1995...

  19. 12 CFR 329.3 - Exception to prohibition on payment of interest.

    Science.gov (United States)

    2010-01-01

    .... 329.3 Section 329.3 Banks and Banking FEDERAL DEPOSIT INSURANCE CORPORATION REGULATIONS AND STATEMENTS.... Section 329.2 shall not apply to the payment of interest or other remuneration on any deposit which, if held by a member bank, would be allowable under 12 U.S.C. 371a and 461, or by regulation of the Board...

  20. The Determinants of Bank Profitability: The Case of Tunisia

    Directory of Open Access Journals (Sweden)

    Olfa Nessibi

    2016-01-01

    Full Text Available Using bank level data this paper examines how bank’s specific characteristics and macroeconomic indicators affect the profitability in the Tunisian banking industry over the period 1990–2008. The results indicate that the more profitable banks are those higher amount of capital and lower operating costs. Furthermore, it appears that private banks tend to perform better than state owned ones.  Despite the great importance given to the board of directors, it doesn't have a dominant role in the Tunisian commercial banks. Finally, turning to macroeconomic conditions and its impact on banks’ profitability, we find that the real interest rate has a positive effect on bank profitability.

  1. Bank Activity and Funding Strategies : The Impact on Risk and Return

    NARCIS (Netherlands)

    Demirgüc-Kunt, A.; Huizinga, H.P.

    2009-01-01

    This paper examines the implications of bank activity and short-term funding strategies for bank risk and return using an international sample of 1334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading increases

  2. Bank Activity and Funding Strategies : The Impact on Risk and Return

    NARCIS (Netherlands)

    Demirgüc-Kunt, A.; Huizinga, H.P.

    2009-01-01

    This paper examines the implications of bank activity and short-term funding strategies for bank risk and return using an international sample of 1334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading increases th

  3. PENGARUH VARIAN PENGEMBANGAN PRODUK TABUNGAN TERHADAP MINAT MENABUNG NASABAH PADA PT. BANK MEGA TBK CABANG MAKASSAR

    OpenAIRE

    CAKRAMALINDA AP, NUR NUBLI

    2014-01-01

    2014 PENGARUH VARIAN PENGEMBANGAN PRODUK TABUNGAN TERHADAP MINAT MENABUNG NASABAH PADA PT. BANK MEGA TBK CABANG MAKASSAR INFLUENCE OF VARIAN DEVELOPMENT PRODUCT SAVING TO CUSTOMER INTEREST SAVING AT BANK MEGA TBK BRANCH MAKASSAR Nur Nubli Cakramalinda Muhammad Ismail Djumidah Maming Penelitian ini bertujuan untuk menganalisis pengaruh varian pengembangan produk tabungan terhadap minat menabung pada PT.Bank Mega,Tbk Kantor ...

  4. MACROECONOMIC DETERMINANTS OF SHADOW BANKING – EVIDENCE FROM EU COUNTRIES

    Directory of Open Access Journals (Sweden)

    TEODORA CRISTINA BARBU

    2016-12-01

    Full Text Available Shadow banking is a topical, debated issue on the agenda of national and European macro-prudential regulatory and supervisory authorities. It is generally accepted that shadow banks and the traditional banking system have some core functions in common, such as credit and maturity transformation, and the exposure to similar risks. However, the tight banking regulations and the decreasing trend recorded by interest rates in the post-crisis period create prospects for shadow banking sector growth. Against this background, the present paper aims at investigating the particular impact that shadow banking activity exerts on macroeconomic fundamentals. The analysis covers 15 European Union countries, including Romania, during the period 2008 – 2015, using quarterly data. Shadow banking system is used as a proxy by monetary funds, due to breaks in the series or unbalanced number of observations across selected countries. By employing panel regression, it was found that the shadow banking total assets’ variation is negatively influenced by the GDP growth, short term interest rates, M2/GDP ratio and the ratio of investment funds’ assets in GDP, and positively determined by stock index dynamics and long term interest rates. The findings sustain the literature’s point of view.

  5. Corporate Governance: What’s Special About Banks?

    OpenAIRE

    Luc Laeven

    2013-01-01

    This review surveys the literature on the corporate governance of banks. Traditional corporate governance mechanisms, such as concentrated ownership and takeover threats, in principle, also apply to banks. However, banks have special traits and are heavily regulated, preventing natural forms of governance to arise and rendering many of these governance mechanisms ineffective. Financial regulation can in principle compensate for weaknesses in corporate governance but in practice has had limite...

  6. 12 CFR 19.12 - Construction of time limits.

    Science.gov (United States)

    2010-01-01

    ... calendar day to the prescribed period; or (3) If service is made by electronic media transmission, add one... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Construction of time limits. 19.12 Section 19.12 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY RULES OF PRACTICE AND...

  7. PENGARUH KARAKTERISTIK DEWAN DIREKSI TERHADAP PENGUKURAN KINERJA BANK DI INDONESIA

    Directory of Open Access Journals (Sweden)

    Susy Muchtar

    2009-09-01

    Full Text Available The purpose of this research is to analyse the effect of Characteristics of The Board of towar Directors s Bank Performance. This research was used are 19 banking firm which listed in Indonesian Stock Exchange during 2005-2008. Independent variables from this research are board size and Outside Director. Dependent variables are bank performance which include Net Interest Margin (NIM, Return On Asset (ROA, Return On Equity(ROE and Efficiency Ratio. Control Variables are Size, Risk and Capital Ratio. The analysis method was used are multiple regression analysis. The result from this research shows that Board Size did not has related to bank performance. Outsiders has related to bank performance. Keywords: Board Size, Outside Director, Net Interest Margin (NIM, Return On Asset (ROA, Return On Equity(ROE and Efficiency Ratio

  8. THE ROLES OF INFORMATION TECHNOLOGY IN ISLAMIC BANK KNOWLEDGE MANAGEMENT A study of Two Syariah Banks in Palu

    Directory of Open Access Journals (Sweden)

    Nurdin

    2016-12-01

    Full Text Available Information technology has been considered as a vital tool for modern organizations to support their knowledge management projects. Previous studies have found that success knowledge management projects were supported by various information technology infrastructures. They addressed how information technology has succesfully implemented to support knowledge management project within conventional banks. However, limited study has been proposed regarding how information technology play roles in support knowledge management project within Islamic banks. Through the case study approach, the author studied the use of information technology for knowledge management process within two Bank Syariah (Bank Mandiri and Bank BNI Syariah in Palu Central Sulawesi. The author collected data through observation, written material, and in-depth interviews with key informants from both banks. The findings show that information technology infrastructures have played important roles in support knowledge management projects within the Islamic banks. Those information technology infrastructures includes internet, intranet, websites, communication application such as email, and social media. This study sheds light and provides new insight on how information technology has succesfully used to support knowledge management within Islamic banks. The results benefits both academic and practioners in Islamic banks and knowledge managemet area. As the social media was an important finding for knowledge management in Islamic banks, future research need to focus on how social media should be used for knowledge management projects in Islamic banks

  9. POTENSI DAN STRATEGI PENGEMBANGAN BANK SYARIAH DI INDONESIA

    Directory of Open Access Journals (Sweden)

    Anny Ratnawati

    2011-08-01

    Full Text Available Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} At the present, Indonesia operate dual banking system that are conventional banking system with its interest rate runs side by side with the Islamic banking with the profit-sharing/non-interest system of its own.  The development of Islamic banking should be based on market driven by driving the community demand that always considering the banking prudential principle.  The development of Islamic bank will encourage the development of real sector as well because the basis of profit-sharing system is the activities of real sector, not from investment of other sector (non real sector, case in point the rate of obligation and/or the rate of Certificate of Central Bank.  In general, community’ s respond toward Islamic bank is good relatively that shown by the trend of Third Parties Funding and Financing to Deposit Ratio with low level of Non Performing Loan. This study assess the consumer’s preference toward both conventional and Islamic Banking, in related with analysis of potency and development strategy of Islamic banking in Indonesia. The analysis of data by using qualitatively (descriptive analysis, cross tabulation and logistic regression model.  In general, community’s attitude toward interest rate system still ambiguous, that are interest rate is contrary to ‘syariah of Islam‘, meanwhile in banking transaction they still use conventional system.  The reasons that motivate consumer to adopt Islamic banking related to professionalism of bank, security and

  10. Bank Specific and Macroeconomics Dynamic Determinants of Credit Risk in Islamic Banks and Conventional Banks

    OpenAIRE

    Waeibrorheem Waemustafa; Suriani Sukri

    2015-01-01

    The study analyzes macroeconomic and bank specific determinants of credit risk in Islamic and Conventional Banks. Multivariate Regression analysis is applied on the sample of 15 conventional banks and 13 Islamic Banks in Malaysia over the period between 2000 and 2010. The finding shows that the banks specific determinants of credit risk are uniquely influenced the credit risk formation of Islamic and Conventional banks. The study found that risky sector financing; regulatory capital (REGCAP) ...

  11. GenBank

    Science.gov (United States)

    Benson, Dennis A.; Cavanaugh, Mark; Clark, Karen; Karsch-Mizrachi, Ilene; Lipman, David J.; Ostell, James; Sayers, Eric W.

    2017-01-01

    GenBank® (www.ncbi.nlm.nih.gov/genbank/) is a comprehensive database that contains publicly available nucleotide sequences for 370 000 formally described species. These sequences are obtained primarily through submissions from individual laboratories and batch submissions from large-scale sequencing projects, including whole genome shotgun (WGS) and environmental sampling projects. Most submissions are made using the web-based BankIt or the NCBI Submission Portal. GenBank staff assign accession numbers upon data receipt. Daily data exchange with the European Nucleotide Archive (ENA) and the DNA Data Bank of Japan (DDBJ) ensures worldwide coverage. GenBank is accessible through the NCBI Nucleotide database, which links to related information such as taxonomy, genomes, protein sequences and structures, and biomedical journal literature in PubMed. BLAST provides sequence similarity searches of GenBank and other sequence databases. Complete bimonthly releases and daily updates of the GenBank database are available by FTP. Recent updates include changes to policies regarding sequence identifiers, an improved 16S submission wizard, targeted loci studies, the ability to submit methylation and BioNano mapping files, and a database of anti-microbial resistance genes. PMID:27899564

  12. Soundness of Ethiopian Banks

    Directory of Open Access Journals (Sweden)

    Hamdu Kedir Mohammed

    2015-06-01

    Full Text Available A well-functioning financial institution will sustain a countries economic development and play a great role in reduction of poverty. One of the major participants in the financial institution is the banking industry. However, the mal-functioning of the banking system can be extremely costly to the real economy. As Bank is one of the participants and major key player in the financial institutions, it needs a continuous assessment by its supervisory and management. Mere ratio analyses are commonly used Performance measurement among the banking industry in Ethiopia. Nonetheless, these financial ratios are more of traditional as well as partial measurements. As such this study conducted using CAMEL framework set by bank for international settlement. The study takes secondary data which are gathered from audited annual reports of all banks. The result shows CAMEL framework is the best fit measurement for Ethiopian Banks and it give a comprehensive result which is very helpful for the governor to set a well determined policy and procedure.

  13. 12 CFR 573.11 - Limits on redisclosure and reuse of information.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Limits on redisclosure and reuse of information. 573.11 Section 573.11 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY PRIVACY OF CONSUMER FINANCIAL INFORMATION Limits on Disclosures § 573.11 Limits on redisclosure and...

  14. 12 CFR 40.11 - Limits on redisclosure and reuse of information.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Limits on redisclosure and reuse of information. 40.11 Section 40.11 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY PRIVACY OF CONSUMER FINANCIAL INFORMATION Limits on Disclosures § 40.11 Limits on redisclosure and reuse...

  15. Crisis threat and banking reform trends

    Directory of Open Access Journals (Sweden)

    Piotr Masiukiewicz

    2010-10-01

    Full Text Available The concepts of regulatory changes, published by individual experts as well as institutions responsible for the financial market, are burdened with the experience of the last subprime credit crunch. Beyond the field of interest there are risks that have appeared in the last years and require decisive actions from banks, e.g. in the area of Internet banking or compliance. These areas seem to need some institutional support for the sector. The author suggets that crisis shock must be fought with the intervention shock, i.e. with a number funds of a number of institutions and huge amounts.

  16. The global financial crisis and the behavior of short-term interest rates: International and Serbian aspects

    National Research Council Canada - National Science Library

    Djukic, Djordje; Djukic, Malisa

    2009-01-01

    .... The inability of the National Bank of Serbia to follow the aggressive reduction of the key interest rate that has been implemented by central banks in developed countries, partly explains the lack...

  17. PERBANDINGAN PENGHASILAN TABUNGAN MUDHARABAH NASABAH BANK SYARIAH (Studi Kasus pada Bank Syariah Mandiri, Bank Negara Indonesia Syariah, dan Bank Muamalat Indonesia di Makassar)

    OpenAIRE

    ALIMULA, YULIANA

    2014-01-01

    2014 Perbandingan Penghasilan Tabungan Mudharabah Nasabah Bank Syariah (Studi Kasus pada Bank Syariah Mandiri, Bank Negara Indonesia Syariah, dan Bank Muamalat Indonesia di Makassar) Profit Sharing Comparison of Mudharabah Saving of Islamic Banking (A Case Study at Bank Syariah Mandiri, Bank Negara Indonesia Syariah, and Bank Muamalat Indonesia in Makassar) Yuliana Alimula Alimuddin Muhammad Ashari Penelitian ini bertujuan un...

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

    OpenAIRE

    Norhazlin Ismail; Zarehan Selamat; Ong Hway Boon

    2004-01-01

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

  19. Impact of systemic risk in the real estate sector on banking return.

    Science.gov (United States)

    Li, Shouwei; Pan, Qing; He, Jianmin

    2016-01-01

    In this paper, we measure systemic risk in the real estate sector based on contingent claims analysis, and then investigate its impact on banking return. Based on the data in China, we find that systemic risk in the real estate sector has a negative effect on banking return, but this effect is temporary; banking risk aversion and implicit interest expense have considerable impact on banking return.

  20. Back to basics: The current competitive strategy of HSBC Bank Canada

    OpenAIRE

    Sheppard, Christopher Patrick

    2007-01-01

    This paper analyzes HSBC Bank Canada’s current strategy for competing within the Canadian banking industry. HSBC Bank Canada has enjoyed considerable financial success over the past couple of decades. However, the overall direction of the industry is towards lower, interest-rate spreads and intensified competition. Many of the bank’s primary competitors are reducing costs through a variety of means, such as centralization and automation of processes. In order for HSBC Bank Canada to succeed i...

  1. Analyzing the Validity of Relationship Banking through Agent-based Modeling

    Science.gov (United States)

    Nishikido, Yukihito; Takahashi, Hiroshi

    This article analyzes the validity of relationship banking through agent-based modeling. In the analysis, we especially focus on the relationship between economic conditions and both lenders' and borrowers' behaviors. As a result of intensive experiments, we made the following interesting findings: (1) Relationship banking contributes to reducing bad loan; (2) relationship banking is more effective in enhancing the market growth compared to transaction banking, when borrowers' sales scale is large; (3) keener competition among lenders may bring inefficiency to the market.

  2. Model analysis of the link between interest rates and crashes

    Science.gov (United States)

    Broga, Kristijonas M.; Viegas, Eduardo; Jensen, Henrik Jeldtoft

    2016-09-01

    We analyse the effect of distinct levels of interest rates on the stability of the financial network under our modelling framework. We demonstrate that banking failures are likely to emerge early on under sustained high interest rates, and at much later stage-with higher probability-under a sustained low interest rate scenario. Moreover, we demonstrate that those bank failures are of a different nature: high interest rates tend to result in significantly more bankruptcies associated to credit losses whereas lack of liquidity tends to be the primary cause of failures under lower rates.

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

    Directory of Open Access Journals (Sweden)

    Harshita B

    2015-08-01

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

  4. Sensitivity of Czech Commercial Banks to a Run on Banks

    Directory of Open Access Journals (Sweden)

    Klepková Vodová Pavla

    2015-06-01

    Full Text Available The aim of this paper is to thoroughly evaluate the sensitivity of Czech commercial banks to a run on banks. Our sample includes a significant part of the Czech banking sector in the period 2006-2013. We use three liquidity ratios that we stress via a stress scenario simulating a run on banks accompanied by a 20% withdrawal rate of deposits.We measure the impact of the scenario by the relative changes of these ratios. The results show that, in spite of a decrease in liquidity, most Czech banks would be able to finance such a scenario. The financial crisis influenced bank sensitivity to a run, but with a significant time lag. The severity of the impact of the bank run increases with the size of the bank; large banks are the most vulnerable. The resilience of banks is also determined by their strategy for liquidity risk management.

  5. Moderating Role of Brand Image With Relation to Internet Banking and Customer Loyalty: A Case of Branchless Banking

    Directory of Open Access Journals (Sweden)

    Samar Rahi

    2015-12-01

    Full Text Available Purpose: Internet is of vital essence to excel and progress of organization growth. It has revolutionized the banking sector all over the world. A spectacular innovation in banking sector is to introduce Internet banking services. The aim of this study is to inspect the moderating relationship of Brand image between internet banking and customer loyalty. Design/methodology/approach: This study is conducted using positivism paradigm and deductive quantitative methods of inquiry. Data was collected in a survey from those customers who were using internet banking services in Pakistan. Questionnaire was adopted from research studies of Zeithaml et al. and Park et al. A theoretical framework is proposed to suggest the links among variables. The sample size selected for research constitutes of 437 respondents belongs to Lahore and Islamabad, from Pakistan. Simple and Moderating regression analysis is used to examine hypothesized relationship. Findings: There are two major finding the foremost, those banks who are providing internet banking services their customer are loyal with their banks, to prove this argument simple regression analysis employed result reveals that internet banking bring 94% change on customer loyalty. The second magnificent finding is to check the role of brand image as a moderator. Results prevailed that there is significant quasi moderation exist between Internet banking, and customer loyalty and prove that, if the Brand image would strong the relationship between internet banking and customer loyalty will enrich. Research limitation/Implications: Further research is indicated, to identify impact of these variables on other services provider companies of Pakistan excluding banking sector. Banking sector of Pakistan should pay more attention to enrich their brand image to enhance the customer loyalty. Originality/Value: This study is unique as it is pioneer study with moderation effect of brand image and will be helpful for the

  6. JURIDICAL AND ECONOMIC ANALYSIS OF THE CORPORATE SOCIAL RESPONSIBILITY IN THE BANKING MANAGEMENT FROM ROMANIA

    Directory of Open Access Journals (Sweden)

    Muresan (Potincu Laura

    2015-07-01

    Full Text Available At present, the corporate social responsibility must be regarded from a complex perspective. We consider that the social responsibility of the banks is what the community expects from a bank ecologically, economically, juridically, ethically, and philanthropically. Thus, the banking corporate social responsibility includes all these types of responsibilities: the ecological responsibility, the economic responsibility, the juridical responsibility, the ethical responsibility, and the philanthropic responsibility. Combining the juridical analysis with the marketing research, this work aims at the actual compliance with the corporate social responsibility by the banks from Romania, an European Union member state. The juridical regulations adopted mid 2013 at the European Union level bring a new approach to the relation between the most important categories of stakeholders – consumers and employees – and the bank by means of actual juridical specifications regarding the banking management. Presenting the most important provisions of Directive 2013/36/UE of the European Parliament and Council regarding the access to the activity of the credit institutions and prudential supervision of the credit institutions and investment companies, and of Regulation no. 575/2013 of the European Parliament and Council regarding the prudential requirements for the credit institutions and investment companies, in relation to the corporate social responsibility aspects offers an interesting image of the evolution of the legislative aspects regulating the banking management. One can note, in practice, the assimilation by the banks of the corporate social responsibility only with its philanthropic component, ignoring the most important elements of the social responsibility: the juridical responsibility, the ethical responsibility, or the economic responsibility. This work shows results of a quantitative marketing research which has been performed in Bra

  7. Mitigation Banking Factsheet

    Science.gov (United States)

    A mitigation bank is an aquatic resource area that has been restored, established, enhanced, or preserved for the purpose of providing compensation for unavoidable impacts to aquatic resources permitted under Section 404

  8. 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.

  9. Protein Data Bank (PDB)

    Data.gov (United States)

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

  10. Environmental Data Bank

    Energy Technology Data Exchange (ETDEWEB)

    ,

    1962-06-01

    In an effort to determine the environment to which the equipment designed by Sandia Corporation will be exposed, a "Data Bank" of environmental information was compiled. Measured quantities resulting from actual uses were continually being summarized.

  11. Cord-Blood Banking

    Science.gov (United States)

    ... blood banks may capitalize on the fears of vulnerable new parents by providing misleading information about the statistics of stem cell transplants. Parents of children of ethnic or racial minorities, adopted children, or ...

  12. nigeria's banking sector reforms

    African Journals Online (AJOL)

    NESG PUBLICATIONS

    sector reforms to enthrone sound financial practices and good corporate governance ... April - June 2009 . 9. NIGERIA'S BANKING SECTOR REFORMS: THE JOURNEY SO FAR ..... implementation of a code of sound corporate governance in ...

  13. 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 ...

  14. Efficiency of Commercial Banks in Malaysia

    OpenAIRE

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

    2006-01-01

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

  15. ASSESSMENT OF BANKING ASSETS ON FINANCIAL RISK MANAGEMENT - ALBANIAN CASE

    Directory of Open Access Journals (Sweden)

    ADRIATIK KOTORRI

    2014-02-01

    Full Text Available Recognizing the asset value dynamics volatility of the financial institutions and the importance of its recognition both for financial reporting purposes and risk management effect, this paper aims to provide a practical model for the assets and financial institutions evaluation especially banks. It also aims to present a model to measure the value of banking assets for the purposes of risk management as an opportunity to identify in an early moment the banking risks. The paper develops the bank assets assessment forms and the basis of mathematical modeling of this assessment in general. He identifies also the evaluation factors as for example time to maturity, interest rate market for the assets (YTM, the interest rate agreed, the early repayment of the loan, interest ceilings and floors, off-balance sheet treatment, etc..

  16. Relationship between macroeconomic aggregates and bank performance

    Directory of Open Access Journals (Sweden)

    Mitrović Ranka

    2016-01-01

    Full Text Available The aim of the paper is relations between some macroeconomic aggregates and performance of banks. This paper show analysis of trends in gross domestic product, exchange rates, interest rates, inflation load, developments in the balance of payments. On the business side, performance is achieved insight into the liquidity, capital adequacy, and the amount of non-performable loans. The aim of the research is to refute or confirm the interconnectedness of movement values of macroeconomic aggregates and bank performance. The analysis confirmed the association of two set variables. The negative value movements of macroeconomic aggregates directly or indirectly have an impact on the quality of performance of the banking sector. Therefore, it is necessary to define an adequate strategy of the economy, would not it safer to carry out the process of adapting to new developments in the market, such as the global financial crisis, the rise in unproductive enterprises, distrust customers etc.

  17. Banking on the Nation

    DEFF Research Database (Denmark)

    Ravn Sørensen, Anders

    2015-01-01

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

  18. Commercial banking in the conditions of deregulation vs. reregulation

    Directory of Open Access Journals (Sweden)

    Zaklan Damir

    2014-01-01

    Full Text Available This paper examines contemporary trends in commercial banking, confronting the stages of deregulation and reregulation in this field triggered by the global mortgage crisis. Under deregulatory conditions the competitive position of banks has toughened, and they reacted to it by intensifying: marketization, i.e. globalization, concentration, securitization and conglomeration, and by turning to the profit-oriented risk management of their activity. The contraction of their interest margin was thus neutralized by the reduction of operational costs and loss provisions, and by an increase in non-interest revenues, thereby maintaining banking profitability. The recent crisis has pinpointed the necessity of firmer regulation or reregulation of the banking sector, aimed at reducing its systemic risk, the most important aspect of which being the stricter international banking capital and liquidity standards, along with the requirement to adequately treat systemically important banks. Reregulation should strengthen capitalization and liquidity; mitigate the volume, concentration, internationalization and business dispersion, hence improving the supervision of the banking sector, implying its lower, yet more stable profitability. Such an impact of the adopted section of targeted regulatory measures has been indicated by higher liquidity, lower globalization, slower concentration and securitization, and stabilization-oriented risk management activities of today's banks. Their growth and profitability have shrunk.

  19. INTER-BANK CALL MONEY MARKET TRANSACTION IN INDONESIA

    Directory of Open Access Journals (Sweden)

    Aries Haryadi

    2013-10-01

    Full Text Available AbstractThis study analyzes the effect of Indonesian Bank loan, the amount of demand deposits, and the Indonesia economic crisis in 1997 on the interbank call money market transactions in Indonesia using a multiple linear regression method. This study finds that the variables influencing the interbank call money market transactions are the interest rate of interbank call money market and the check money. Both variables have positive effect on the interbank money market transactions in Indonesia.Keywords: Loans, Interest Rate, Check Money, Monetary Crisis, Interbank Money Market TransactionsJEL Classification Numbers: G21, G28AbstrakPenelitian ini menganalisis pengaruh pinjaman Bank Indonesia terhadap tingkat bunga pasar uang antar bank, jumlah uang giral, dan krisis ekonomi Indonesia tahun 1997 terhadap transaksi pasar uang antar bank di Indonesia menggunakan metode regresi linier berganda. Penelitian ini menemukan bahwa variabel yang berpengaruh terhadap transaksi pasar uang antar bank tersebut adalah tingkat bunga pasar uang antar bank dan jumlah uang giral. Dua variabel tersebut berpengaruh positif terhadap transaksi pasar uang antar bank di Indonesia.Keywords: Pinjaman, Tingkat Bunga, Uang Giral, Krisis Moneter, Transaksi Pasar Uang antar BankJEL Classification Numbers: G21, G28

  20. Opaqueness and Bank Risk Taking

    Directory of Open Access Journals (Sweden)

    Patrick Behr

    2012-12-01

    Full Text Available This paper investigates the relationship between opaqueness and bank risk taking. Using a sample of 199 banks from 38 countries over the period January 1996 to December 2006, I analyze whether more opaque banks are riskier than less opaque banks. I find suggestive evidence that commonly used proxies for bank opaqueness are significantly related to bank risk taking as measured by the Merton PD and the bank-individual Z-score, even after accounting for potential simultaneity between risk taking and opaqueness. More opaque banks seem to engage more in risk taking than less opaque banks. This result provides support to the common view that bank opaqueness is problematic and that transparency among financial institutions should be increased.

  1. An analysis of Internet Banking in Portugal

    Directory of Open Access Journals (Sweden)

    João Pedro Couto

    2013-12-01

    Full Text Available In recent years, mobile operations have gained wide popularity among mainstream users, and banks tend to follow this trend. But are bank customers ready to move forward? Mobile banking appears to be a natural extension of Internet banking, . Thus, to predict consumer decisions to adopt mobile banking, it’s useful to understand the pattern of adoption of Internet banking (IB. This investigation seeks contribute to an expansion of the knowledge regarding this matter by researching Portuguese consumers’ patterns and behaviors concerning the acceptance and use intention of IB as a foundation for establishing growth strategies of mobile banking. For data collection, we used an online “snowball” process. The statistical treatment used included a factor analysis in order to allow examination of the interrelationships between the original variables. The analysis was made possible by developing a set of factors that expresses the common traits between them. The results revealed that the majority of respondents did not identify problems with the use of and interaction with the IB service. The study generated some interesting findings. First, the data generally supports the conceptual framework presented. However, some points need to be made: (i trust and convenience, from all the elements referenced in the literature as relevant from the client’ perspective, continue to be a very important elements; (ii the results did not support the paradigm that the characteristics of individuals affect their behavior as consumers, (iii individual technological characteristics affect consumer adoption of IB service; (iv consumer perceptions about the IB service affect their use, as reveal by the existence of three types of customers that show different practices and perceptions of IB; and (v intention to use IB is dependent upon attitudes and subjective norms regarding the use of IB.

  2. Macroeconomic control of interest rate in China

    Institute of Scientific and Technical Information of China (English)

    姜鸣; 叶元煦; 何绍元

    2002-01-01

    The macroeconomic control of interest rate is studied using the elastic theory and correlation analysisand the concrete influence of interest rate on the consumption, savings and investment in China are investiga-ted. It is pointed out that although the interest rate mechanisms in China has gone through several adjustmentsand reforms, the results are not yet fully up to expectations. The interest rate does not adjust the national eco-nomic structure, and direct the trend of funds, nor regulate the general social supply and demand and balancethe price and currency in circulation, to achieve a rational distribution of social resources. The interest rate pol-icy of Central Bank does not have much actual influence on the economic departments, and this influence wascontinuously weakened in recent years. Countermeasures are suggested for improving the macro control of inter-est rate.

  3. Cost leadership and bank internationalization

    OpenAIRE

    Galema, Rients; Koetter, Michael; Liesegang, Caroline

    2013-01-01

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

  4. Parents' choices in banking boys' testicular tissue.

    Science.gov (United States)

    Murphy, Timothy F

    2010-12-01

    Researchers are working to derive sperm from banked testicular tissue taken from pre-pubertal boys who face therapies or injuries that destroy sperm production. Success in deriving sperm from this tissue will help to preserve the option for these boys to have genetically related children later in life. For the twin moral reasons of preserving access and equity in regard to having such children, clinicians and researchers are justified in offering the option to the parents of all affected boys. However, some parents may wish to decline the option to bank tissue from their boys because the technique may seem too unfamiliar or unusual, but over time people may become more comfortable with the technique as they have done with other novel assisted reproductive treatments (ARTs). Other parents may wish to decline the option because of moral or religious reasons. A prominent natural law theory holds, for example, that the ARTs that would be involved in using sperm derived from banked tissue to produce a child are morally objectionable. Some parents might not want to bank tissue in order to shield their son from using ARTs they see as objectionable. Clinicians and researchers should respect parents who wish to decline banking tissue, but parents should ordinarily embrace choices that protect the possible interests their sons may have as adult men, including the wish to have genetically related children.

  5. Tissue banking, biovigilance and the notify library.

    Science.gov (United States)

    Strong, D Michael

    2017-06-30

    This issue is dedicated to the contributions of Professor Glyn O. Phillips to the field of tissue banking and the advancement of science in general. The use of ionizing radiation to sterilize medical products drew the interest of the International Atomic Energy Agency (IAEA). A meeting in 1976 in Athens Greece to present work on the effects of sterilizing radiation doses upon the antigenic properties of proteins and biologic tissues was my first introduction of Professor Phillips and the role that he was to play in Tissue Banking (Friedlaender, in Phillips GO, Tallentine AN (eds) Radiation sterilization. Irradiated tissues and their potential clinical use. The North E. Wales Institute, Clwyd, p 128, 1978). The IAEA sponsored subsequent meetings in the Republic of Korea, Czechoslovakia and Rangoon, the later including a visit to the tissue bank by Professor Phillips. His advocacy resulted in multiple workshops and teaching opportunities in a variety of countries, one of which led to the establishment of the Asia Pacific Surgical Tissue Banking Association in 1989 (Phillips and Strong, in Phillips GO, Strong DM, von Versen R, Nather A (eds) Advances in tissue banking, vol 3. World Scientific, Singapore, pp 403-417, 1999).

  6. Interest Rate Risk Management using Duration Gap Methodology

    Directory of Open Access Journals (Sweden)

    Dan Armeanu

    2008-01-01

    Full Text Available The world for financial institutions has changed during the last 20 years, and become riskier and more competitive-driven. After the deregulation of the financial market, banks had to take on extensive risk in order to earn sufficient returns. Interest rate volatility has increased dramatically over the past twenty-five years and for that an efficient management of this interest rate risk is strong required. In the last years banks developed a variety of methods for measuring and managing interest rate risk. From these the most frequently used in real banking life and recommended by Basel Committee are based on: Reprising Model or Funding Gap Model, Maturity Gap Model, Duration Gap Model, Static and Dynamic Simulation. The purpose of this article is to give a good understanding of duration gap model used for managing interest rate risk. The article starts with a overview of interest rate risk and explain how this type of risk should be measured and managed within an asset-liability management. Then the articles takes a short look at methods for measuring interest rate risk and after that explains and demonstrates how can be used Duration Gap Model for managing interest rate risk in banks.The world for financial institutions has changed during the last 20 years, and become riskier and more competitive-driven. After the deregulation of the financial market, banks had to take on extensive risk in order to earn sufficient returns. Interest rate volatility has increased dramatically over the past twenty-five years and for that an efficient management of this interest rate risk is strong required. In the last years banks developed a variety of methods for measuring and managing interest rate risk. From these the most frequently used in real banking life and recommended by Basel Committee are based on: Reprising Model or Funding Gap Model, Maturity Gap Model, Duration Gap Model, Static and Dynamic Simulation. The purpose of this article is to give a

  7. Profitability of Serbian banking sector during global economic crisis

    Directory of Open Access Journals (Sweden)

    Marko M Miljković

    2013-12-01

    Full Text Available The aim of the paper is to identify the main factors which contributed to decline of profitability in Serbian banking sector during the period of global economic crisis. There are presented different theories of banking sector profitability and results of scientifically significant empirical researches from economic literature. Following ratios were used as measure of profitability: return on assets (ROA, return on equity (ROE, net interest gain to total revenue, net fees and commissions gain to total revenue, and net pre-tax profit/loss to total revenue ratio. The profitability was analyzed for the whole Serbian banking sector in the period 2008-2012 and particularly for the 15 largest banks according to total assets value in 2012. The empirical analysis indicated that one of the most important factors contributing to high amounts of losses of commercial banks in the previous period includes an increase of net operating expenses, especially expenses on account of a write-off of non-performing loans (NPL. Furthermore, there were analyzed the dynamics of interest rates and interest spread as a factor with certain impact on profitability of banks. Finally, it is estimated that the prospects for intensive growth of profitability in the banking sector of Serbia in the mid-term are poor.

  8. Ethics Management in Banking and Finance

    NARCIS (Netherlands)

    de Bruin, Boudewijn; Morris, Nicholas; Vines, David

    2014-01-01

    This chapter discusses how the values which individuals hold will help to frame choices and so influence the choices that are made. If ethical issues in finance have limited ‘moral intensity’ in comparison to other industries, banks will more often than in other industries fail to recognise an ethic

  9. Ethics Management in Banking and Finance

    NARCIS (Netherlands)

    de Bruin, Boudewijn; Morris, Nicholas; Vines, David

    2014-01-01

    This chapter discusses how the values which individuals hold will help to frame choices and so influence the choices that are made. If ethical issues in finance have limited ‘moral intensity’ in comparison to other industries, banks will more often than in other industries fail to recognise an

  10. Ethics Management in Banking and Finance

    NARCIS (Netherlands)

    de Bruin, Boudewijn; Morris, Nicholas; Vines, David

    2014-01-01

    This chapter discusses how the values which individuals hold will help to frame choices and so influence the choices that are made. If ethical issues in finance have limited ‘moral intensity’ in comparison to other industries, banks will more often than in other industries fail to recognise an ethic

  11. 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

  12. The role of banks, non- banks and the centralbank in the money creation process

    National Research Council Canada - National Science Library

    2017-01-01

    ...) banks in the euro area to increase sharply. In spite of this, the annual growth rate of the monetary aggregate M3 has remained at a moderate level over the past two years, reigniting interest in the connection between the creation of reserves...

  13. CENTRAL BANK INDEPENDENCE AND MACROECONOMIC PERFORMANCES - AN EMPIRICAL APPROACH

    Directory of Open Access Journals (Sweden)

    Coroiu Sorina

    2011-07-01

    Full Text Available The empirical evidence upon the macroeconomic performances of the independent central banks do not always have been successfully. In some cases, the consistency of the indices based on the interpretation of central banks statues used for measuring the degree of central bank independence is controversial, particularly for some of the indices. Moreover, the correlations between central bank independence and macroeconomic performance variables are not always confirmed, the causal relationship between central bank independence and inflation is controversial, and the higher disinflation costs, as a result of a higher sacrifice ratio correlated with the degree of independence is controversial, too. The effects of central bank independence upon macroeconomic performances focalized upon the empirical evidence of inflation, output or economic grouth and the disinflation costs. This is due to the lack of studies vis - vis of relationship between central bank independence and macroeconomic performances regarding some variables like interest rates and budgetary deficits. Specialists consider inflation and output as the main determinats of the social welfare. The economic literature regarding this fact suggests that the central bank is seen as a free lunch institution. This hypothesis sustains that independent central banks will have social benefits in terms of lower inflation rates, but without any costs in terms of the real macroeconomic performances as a higher output volatility or a lower economic growth. In this article we provide a qualitative analyses regarding the relationship between central bank independence and macroeconomic performances. For this purpose the authors used the new index for measuring central bank independence and inflation targeting based on three pillars: political and legal central bank independence, central bank governance and conduct of monetary policy, central bank transparency and accountability. For estimating the

  14. Banking in southern Europe

    Directory of Open Access Journals (Sweden)

    Lazarević Žarko

    2014-01-01

    Full Text Available The nations discussed here (Italy, Spain, Portugal and Greece have in common - with the exception of Italy, that is - that they used to be on the margins of European economic and social developments. Only Italy succeeded in industrialising itself already prior to World War I. This fundamental trait also determined the developmental path of modern-era banking. Hereby, two important points in the course of development of banking in the Southern European countries need to be emphasised. To begin with, if the lands of the North-Western Europe were large capital exporters, then the South European nations were the importers of this capital. The role of foreign capital, i.e., foreign banks, was great and irreplaceable in the development of banking. The second element in common was a large role of state in the economy in general. Under the circumstances of underdeveloped entrepreneurial environment, the state, through its economic activities, would become the driving force of overall economic and social development. This was also or especially the case with banking. Role played by the state only began to diminish towards the end of the 1980s, in the course of the processes of deregulation and liberalisation both at the international level as well as within the then European Economic Community or subsequent European Union. Already during the preparatory processes prior to the admission into the European Economic Community, Spain, Greece and Portugal, and, however, Italy as well, but due to European Directives it had to abide by, began comprehensive processes of restructuring their national banking systems. Since the second half of the 1980s, banking systems were subjected to liberalisation, deregulation and privatisation.

  15. Study the Customers’ Perception towards Banking Services: A Research Report on Indian Public Sector Banks

    Directory of Open Access Journals (Sweden)

    Shailesh Limbad

    2013-10-01

    Full Text Available The aim of this study is to measure the customer satisfaction and to identify the shortfall areas for improving the services of public banking sector. For this research paper past research survey were studied. The main concept is measuring customer satisfaction by customer satisfaction index method. All the factors related to banks were taken by personal interview with the banks’ manager which influences customer satisfaction. To collect the information non-probability sampling method is used. 100 services users of two different banks in bardoli region were contacted with face-to-face personal interview method through questionnaire. “Customer Satisfaction Index” method was used to measure the customer satisfaction. The study represents the result of a survey among the customers in the bardoli region of two public sector banks. Study proved that the STATE BANKS OF INDIA’S customers are more satisfied (82.55> 81.79 than BANK OF INDIA’S customers. There were parameters are found out which are more important to increasing the satisfaction rate. The results of this study provide very important information in formulating competitive marketing strategies. It shows the critical points where the limited resources of the banks should be allocated to improve satisfaction and loyalty and provides information about the weaknesses and strengths of the banks from the eyes of its customers. With getting the valuable information and found out the reason of dissatisfaction these banks can put more efforts to improving the standards of services and make the customers more satisfied.

  16. Implementasi Fatwa DSN-MUI Terhadap Praktik Pembiayaan Murabahah Bank Syariah Mandiri dan Bank Muamalat KCP Ponorogo

    Directory of Open Access Journals (Sweden)

    Abdul Latif

    2016-03-01

    Full Text Available Abstract: Mura>bah}ah is the flagship product of Bank Syariah Mandiri Branch Office Ponorogo and Bank Muamalat Indonesia Branch Office Ponorogo. Currently, the percentage of mura>bah}ah financing at Bank Syariah Mandiri and Bank Muamalat almost reaches an average of 60% -70% of the total financing. Mura>bah}ah helps customers to finance certain needs. This study examines the financing mechanism of mura>bah}ah at Bank Syariah Mandiri and Bank Muamalat Ponorogo, and how the implementation of the fatwa of the National Sharia Board of Indonesian Ulema Council (DSN-MUI on the practice of mura>bah}ah financing. The study concluded that the mura>bah}ah financing at Bank Syariah Mandiri and Bank Muamalat Ponorogo practices the finance of mura>bah{ah bi al-waka>lah or mura>bah{ah by proxy. Therefore, the identity of this transaction becomes unclear and ambiguous between sale and loans. That is because the products offered by the bank are not goods to purchase, but financing limit. As the result, the mura>bah{ah financing in Bank Syariah Mandiri Ponorogo and Bank Muamalat Indonesia Ponorogo are not fully in accordance with the fatwa  of DSN-MUI on mura>bah}ah. Abstrak: Akad mura>bah{ah menjadi produk unggulan di Bank Syariah Mandiri dan Bank Muamalat KCP Ponorogo. Saat ini prosentase pembiayaan mura>bah{ah di BSM dan Bank Muamalat hampir rata-rata mencapai 60%-70% dari pembiayaan lainnya. Pembiayaan mura>bah{ah ini umumnya bertujuan untuk membantu pembeli dalam pengadaan objek tertentu di mana pembeli tidak memiliki kemampuan keuangan yang cukup untuk melakukan pembiayaan secara tunai. Penelitian ini mengkaji mekanisme pembiayaan mura>bah{ahdi BSM dan BMI KCP Ponorogo, dan bagaimana implementasi fatwa DSN-MUI terhadapa praktik pembiayaan mura>bah}ah. Temuan dalam penelitian ini bahwa, praktik pembiayaan mura>bah{ah di Bank Syariah Mandiri dan Bank Muamalat KCP Ponorogo menggunakan pembiayaan mura>bah{ah bil wakalah{ atau dengan mura>bah{ah yang

  17. 12 CFR 563.176 - Interest-rate-risk-management procedures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Interest-rate-risk-management procedures. 563... ASSOCIATIONS-OPERATIONS Financial Management Policies § 563.176 Interest-rate-risk-management procedures... association's management of that risk. (b) The board of directors shall formerly adopt a policy for...

  18. How low can you go? negative interest rates and investors’ flight to safety

    OpenAIRE

    Richard G. Anderson; Yang Liu

    2013-01-01

    It is not uncommon to observe negative interest rates during uncertain times, when investors flee to safety. But the existence of negative market yields provides no support for policies in which central banks set negative interest rates on deposits held at a central bank.

  19. Innovative financing: banks and energy conservation. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1977-10-01

    This report describes the results of a project that examined what commercial banks could do on their own to encourage energy conservation in existing residences. The recommendations made herein reflect the present realities of both the commercial banking sector and the marketplace for energy conservation technology. These realities include three key points: (1) banks have limited intereat in promoting energy conservation; (2) the economics of their operations limit their opportunities for radical improvement in the terms that they can offer consumers; and (3) consumer demand for financing of energy conservation is derived, not primary. The report is organized in a question and answer format, including 10 questions dealing with observations about the marketplace for conservation programs; attitudes and operations; what banks are doing in energy conservation now; and finally issues relevant to the policymaker in DOE and in the banking industry. (MCW)

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

    Directory of Open Access Journals (Sweden)

    Aditya Wardhana

    2015-09-01

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