The Topology of Danish Interbank Money Flows
... observe the settlement time of the transactions but not the actual point in time where a bank enter into an agreement on an uncollateralized overnight loan with another bank. An uncollateralized money market loan can be agreed upon earlier in the day of settlement or on previous days4 . Third, the a ...
... observe the settlement time of the transactions but not the actual point in time where a bank enter into an agreement on an uncollateralized overnight loan with another bank. An uncollateralized money market loan can be agreed upon earlier in the day of settlement or on previous days4 . Third, the a ...
Santander UK PLC
... communication tools and options for the industry, including looking at whether the banks should contact customers, for example at the end of a savings product term. A similar service for current accounts would not be impossible, albeit that there were inherent difficulties with capturing all aspects ...
... communication tools and options for the industry, including looking at whether the banks should contact customers, for example at the end of a savings product term. A similar service for current accounts would not be impossible, albeit that there were inherent difficulties with capturing all aspects ...
PDF - The Institute of International Finance
... will also experience negative economic effects of both international and local regulatory reforms. They are likely to suffer from any economic contraction experienced by those mature economies to which they are connected via trade linkages; or from any potential reduction in financial flows from the ...
... will also experience negative economic effects of both international and local regulatory reforms. They are likely to suffer from any economic contraction experienced by those mature economies to which they are connected via trade linkages; or from any potential reduction in financial flows from the ...
The determinants of cost/profit efficiency of Islamic banks
... Hussein (2003) provides an analysis of the characteristics of cost efficiency of Islamic banks in Sudan between 1990 and 2000. Using the stochastic approach, he estimates the cost frontier of a sample of 17 banks over this period. The results show large variations in the efficiency of Sudanese Islam ...
... Hussein (2003) provides an analysis of the characteristics of cost efficiency of Islamic banks in Sudan between 1990 and 2000. Using the stochastic approach, he estimates the cost frontier of a sample of 17 banks over this period. The results show large variations in the efficiency of Sudanese Islam ...
relatório e contas de 2003
... prepared for their everyday needs. On the other hand, the Bank has maintained its focus on providing customer services with a view to accompanying their life-cycle and with a better interaction between channels to create a relationship and generate business opportunities. ...
... prepared for their everyday needs. On the other hand, the Bank has maintained its focus on providing customer services with a view to accompanying their life-cycle and with a better interaction between channels to create a relationship and generate business opportunities. ...
Forms of Entry, Operation, Expansion, and Supervision of Foreign
... share of the U.S. banking market, particularly with respect to commercial lending. Foreign banks historically have participated more in wholesale banking than retail banking in the U.S.12 Overall, however, foreign banks have become fully assimilated in virtually every area of U.S. banking. By all ac ...
... share of the U.S. banking market, particularly with respect to commercial lending. Foreign banks historically have participated more in wholesale banking than retail banking in the U.S.12 Overall, however, foreign banks have become fully assimilated in virtually every area of U.S. banking. By all ac ...
Analyst Meeting Presentation
... The yoy increase in 3Q16 net profit (+27.9% yoy) was mainly due to higher net interest income, higher net fee income, and significantly lower provisions. Operating profit decreased by 21.7% yoy due to significantly lower gains on investments despite an increase in both net interest income and net fe ...
... The yoy increase in 3Q16 net profit (+27.9% yoy) was mainly due to higher net interest income, higher net fee income, and significantly lower provisions. Operating profit decreased by 21.7% yoy due to significantly lower gains on investments despite an increase in both net interest income and net fe ...
NBER WORKING PAPER SERIES ECONOMIES Joshua Aizenman
... sheets. Bongini et al. (2001) examine the evolution of the East Asian crisis, which was accompanied by large‐scale banking problems as do Levy‐Yeyati and Micco (2007) for Latin American banks. They find that, for example, foreign‐owned banks were less likely to get into a liquidity crisis in the ...
... sheets. Bongini et al. (2001) examine the evolution of the East Asian crisis, which was accompanied by large‐scale banking problems as do Levy‐Yeyati and Micco (2007) for Latin American banks. They find that, for example, foreign‐owned banks were less likely to get into a liquidity crisis in the ...
Cyclicality of Credit Supply: Firm Level Evidence
... to the bond market, we condition on firms having issued bonds in the last five years. We find that the incidence of bank loans, as compared to bonds, is very cyclical. Of firms receiving a bank loan but not issuing a bond in 1993, 16% received a loan but did not issue bonds in 1994, 3% issued bonds ...
... to the bond market, we condition on firms having issued bonds in the last five years. We find that the incidence of bank loans, as compared to bonds, is very cyclical. Of firms receiving a bank loan but not issuing a bond in 1993, 16% received a loan but did not issue bonds in 1994, 3% issued bonds ...
Official PDF , 106 pages - World bank documents
... theme of this economic update. In less than eight years, Tanzania has made significant progress towards creating an efficient, low-cost mobile money transfer system, which has increased financial inclusion for the benefit of many. However, the much larger formal financial system, which is critical f ...
... theme of this economic update. In less than eight years, Tanzania has made significant progress towards creating an efficient, low-cost mobile money transfer system, which has increased financial inclusion for the benefit of many. However, the much larger formal financial system, which is critical f ...
determinants of universal bank lending rate in ghana
... The main purpose of statutory reserve requirements set by the Central Bank is to protect the depositor but this pool of resources allows for financial, fiscal deficit has resulted in financial tax obligation on universal banks. It develops a situation that can create high inflation and continues hig ...
... The main purpose of statutory reserve requirements set by the Central Bank is to protect the depositor but this pool of resources allows for financial, fiscal deficit has resulted in financial tax obligation on universal banks. It develops a situation that can create high inflation and continues hig ...
Exit Strategy - Centre for Economic Policy Research
... What will central banks look like in the ‘new normal’? Their mandates have changed; they now include new responsibilities for financial stability (macroprudential policies). This new situation is far from innocuous. Central banks will have to wade into troubled waters, including redistributive polic ...
... What will central banks look like in the ‘new normal’? Their mandates have changed; they now include new responsibilities for financial stability (macroprudential policies). This new situation is far from innocuous. Central banks will have to wade into troubled waters, including redistributive polic ...
Stand alone income statement
... alone financial statements are based on the Bank’s RAL books and records, as adjusted and reclassified in order to comply with IFRS. The reconciliation between RAL and IFRS is presented later in this note. The stand alone financial statements have been prepared under the historical cost convention e ...
... alone financial statements are based on the Bank’s RAL books and records, as adjusted and reclassified in order to comply with IFRS. The reconciliation between RAL and IFRS is presented later in this note. The stand alone financial statements have been prepared under the historical cost convention e ...
World Islamic Banking Competitiveness Report
... further boost the resilience and success of the Islamic financial sector. We would like to express our sincere gratitude to Ernst & Young and their world renowned Islamic Financial Services Team for investing their considerable talent and resources in developing the World Islamic Banking Competitive ...
... further boost the resilience and success of the Islamic financial sector. We would like to express our sincere gratitude to Ernst & Young and their world renowned Islamic Financial Services Team for investing their considerable talent and resources in developing the World Islamic Banking Competitive ...
A Financial Crisis Manual
... to cast tens of millions into poverty, and enduring enough to be known as the “Great Recession.” From the beginning of the crisis in 2007 to its depths in 2009, collapsing housing prices and financial markets destroyed $19.7 trillion worth of assets owned by U.S. households.7 This staggering amount ...
... to cast tens of millions into poverty, and enduring enough to be known as the “Great Recession.” From the beginning of the crisis in 2007 to its depths in 2009, collapsing housing prices and financial markets destroyed $19.7 trillion worth of assets owned by U.S. households.7 This staggering amount ...
Math Gone Mad: Regulatory Risk Modeling by the Federal Reserve
... modeling agenda—the “Fed stress tests.” These were intended to make the financial system safe but instead create the potential for a new systemic financial crisis. The principal purpose of these models is to determine banks’ regulatory capital requirements—the capital “buffers” to be set aside so ba ...
... modeling agenda—the “Fed stress tests.” These were intended to make the financial system safe but instead create the potential for a new systemic financial crisis. The principal purpose of these models is to determine banks’ regulatory capital requirements—the capital “buffers” to be set aside so ba ...
Incorporation of financial ratios into prudential definition of assets
... quality review conducted by the ECB, non-performing exposures at EU banks were adjusted by 135.9 billion EUR (ECB, 2014). Past due days, as a single quantitative criterion, cannot capture increased risks associated with the borrower’s repayment capacity until the exposure gets into arrears. In addit ...
... quality review conducted by the ECB, non-performing exposures at EU banks were adjusted by 135.9 billion EUR (ECB, 2014). Past due days, as a single quantitative criterion, cannot capture increased risks associated with the borrower’s repayment capacity until the exposure gets into arrears. In addit ...
Peter L. Bernstein
... homely as possible, I describe how the commercial banking system operates—why and how banks lend and invest, where money comes from, how it moves from hand-to-hand, and what kinds of information interest rates convey. We then turn to the Federal Reserve System, which controls the money-creation feat ...
... homely as possible, I describe how the commercial banking system operates—why and how banks lend and invest, where money comes from, how it moves from hand-to-hand, and what kinds of information interest rates convey. We then turn to the Federal Reserve System, which controls the money-creation feat ...
Financial Amplification Mechanisms and the Federal Reserve`s
... addressed the funding needs of borrowers in select credit markets. With these facilities, the Fed accepted a certain amount of credit risk which it managed by appropriate selection of haircuts on the collateral put to it. The increased credit risk is due to the longer maturity of the loans (up to 5 ...
... addressed the funding needs of borrowers in select credit markets. With these facilities, the Fed accepted a certain amount of credit risk which it managed by appropriate selection of haircuts on the collateral put to it. The increased credit risk is due to the longer maturity of the loans (up to 5 ...
Chaebol, Financial Liberalization, and Economic Crisis
... our contention that domestic interest politics, especially those of chaebol (large familyowned conglomerates), had a powerful influence on the specific outcome of the post1993 financial liberalization and the cause of Korea’s financial crisis cannot be, therefore, fully understood unless we first e ...
... our contention that domestic interest politics, especially those of chaebol (large familyowned conglomerates), had a powerful influence on the specific outcome of the post1993 financial liberalization and the cause of Korea’s financial crisis cannot be, therefore, fully understood unless we first e ...
capital requirements and bank behaviour: the impact of
... cutting back loan books may be more cost effective in economic troughs. Similarly capital structure decisions by banks may well be sensitive to the higher cost of Tier 1 capital relative to Tier 2 capital. When the cost of raising Tier 1 capital is prohibitive, banks may attempt to meet capital requ ...
... cutting back loan books may be more cost effective in economic troughs. Similarly capital structure decisions by banks may well be sensitive to the higher cost of Tier 1 capital relative to Tier 2 capital. When the cost of raising Tier 1 capital is prohibitive, banks may attempt to meet capital requ ...
Chapter 17: Evaluating Quality of Financial Reports
... company under increased scrutiny. Among other misconduct, the CEO eventually admitted that he created fictitious bank statements to inflate cash and to show interest income. The CEO also created fake salary accounts and took the money paid to those “employees.” The company’s head of internal auditin ...
... company under increased scrutiny. Among other misconduct, the CEO eventually admitted that he created fictitious bank statements to inflate cash and to show interest income. The CEO also created fake salary accounts and took the money paid to those “employees.” The company’s head of internal auditin ...
westpac`s response to the final report of the financial system inquiry
... Implementation of the principles-based design and distribution obligation proposed by the Inquiry should be undertaken with clarity and simplicity, and help to streamline the mechanisms of the existing consumer protection framework. Clear and consistent legal and regulatory obligations will protect ...
... Implementation of the principles-based design and distribution obligation proposed by the Inquiry should be undertaken with clarity and simplicity, and help to streamline the mechanisms of the existing consumer protection framework. Clear and consistent legal and regulatory obligations will protect ...
Bank
A bank is a financial intermediary that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.