scholarly journals Digital transformation and its role in the reproduction of innovative development of the modern banking institution of Russia

2021 ◽  
Vol 114 ◽  
pp. 01009
Author(s):  
Sergey Petrovich Sazonov ◽  
Irina Aleksandrovna Ezangina ◽  
Alena Aleksandrovna Polianskaia ◽  
Aleksandr Ivanovich Chunakov
Keyword(s):  
Commercial Bank ◽  
Financial Services ◽  
Digital Transformation ◽  
Financial Policy ◽  
Innovative Development ◽  
Competitive Position ◽  
Banking Community ◽  
Banking Institution ◽  
Institutional Mechanism ◽  
Credit Institutions

The institutional mechanism of the financial services market puts forward new requirements to the banking community, determining the need for innovations in products, technologies, services, and encouraging credit institutions to transform the declared strategy and implemented financial policy. In the present, the innovative factor is decisive in supporting the competitiveness of the bank, and the development of banking activities is determined by the degree of activity in promoting innovations. The article reveals the role, directions, tools of digitalization of the innovative development of a modern commercial bank, strengthening its competitive position.

scholarly journals Tinjauan Perkembangan dan Pertumbuhan Perbankan Syariah di Indonesia

2019 ◽  
Author(s):  
dedisuhendro
Keyword(s):  
Commercial Bank ◽  
Financial Services ◽  
Value Systems ◽  
Islamic Banks ◽  
Business Unit ◽  
Islamic Ethics ◽  
Muslim Population ◽  
Productive Activities ◽  
The World ◽  
Banking Institution

The largest population of Islam in the world is an Indonesian country where the amouth of Muslim population reaches 204 million inhabitants. The amouth of Islam that is classified as many in Indonesia, has a potential to trigger the development and growth of sharia banks. Government's attention and support for sharia banking is strengthened by the policy with the issuance of sharia banking law. PT Bank Mualat Indonesia is the first syariah bank in Indonesia which was established and operated in 1992 then followed by other sharia bank. PT Bank Muamalat Indonesia was born from the work of the banking team of the Majelis Ulama Indonesia (MUI), which on November 1, 1991 signed the deed of establishment of PT Bank Muamalat Indonesia, collected the purchase of shares of Rp.84 billion. The established sharia bank is a financial services banking institution operating on the basis of Islamic ethics and value systems, especially those free of interest (riba), free from speculative non-productive activities such as gambling (maysir), free from unclear and dubious matters (gharar), based on justice principles, and only finance halal business activities. The institutionalsector from 2007 to 2017 when viewed from the BUS (Islamic Commercial Bank) has increased although the increase is not too high, while the USS (Islamic Business Unit of a Conventional Bank) has fluctuated, the a mouth of BPRS (Islamic Rural Bank) has increased very well, growth the a mouth of sharia banking office network also fluctuated. The development and growth of total assets, DPK (Depositor Funds), and the amount of PYD (Financing) has always increased from 2007 to 2017. So that Islamic banks become a good banking model and is ideal in advancing the nation's economy

PRACTICES OF DEVELOPMENT AND IMPLEMENTATION STRATEGY FINANCIAL POLICY OF HIGHER EDUCATION INNOVATION OF UKRAINE

2017 ◽  
pp. 72-83
Author(s):  
Vitaliy MARTYNIUK
Keyword(s):  
Higher Education ◽  
Development Strategy ◽  
State Regulation ◽  
The State ◽  
Direct Result ◽  
Financial Policy ◽  
Innovative Development ◽  
Efficient System ◽  
Social Standards ◽  
Key Factor

Introduction. Article reviews the current state and key aspects of financial policy in higher education and it’s innovative development in Ukraine. Through education institutions achieved increase of social standards, needs and increase welfare, increase the competitiveness of the state as a whole. Purpose. The purpose of this paper is to determine the characteristics of the development strategy of financial policy of innovative development of higher education and finding ways to improve its implementation. Results. The article deals with the importance of an innovative approach to the development of financial strategy in higher education. The ways to improve the effectiveness of the financial policy of innovative development of higher education are defined. Today an important form of state regulation of the economy is macroeconomic planning and forecasting. Conclusion. Innovative development of higher education is the foundation of economic growth of the economy and improvement of social standards. The financial policy of the state in this area is aimed, ultimately, to ensure the welfare of all members of society. Achieving high rates of innovation in the field of higher education facilities by building efficient system of economic mechanisms of financing. Important direct result of providing innovative educational services not only to order the state or the employer, but also on the personal needs of citizens in their development. The level of education is a key factor the ability of the workforce to adapt to new conditions, increase overall efficiency, etc.

THE SHAPE OF A COMMERCIAL BANK IN THE CONTEXT OF DIGITAL TRANSFORMATION IN THE ECONOMY

2020 ◽  
Author(s):  
Магомед Русланович Таштамиров
Keyword(s):  
Commercial Bank ◽  
Digital Economy ◽  
Digital Transformation ◽  
Economic Relations

Данная статья посвящена актуальным вопросам необходимости преобразования коммерческого банка в условиях цифровой трансформации экономических отношений. Представлены некоторые тенденции цифровизации экономики. Отмечена объективная необходимость пересмотра роли и облика коммерческого банка в перспективе цифровой экономики. Выявлены проблемные аспекты ускоренного преобразования цифрового банка в России. This article is devoted to topical issues of necessity of transformation of commercial bank in conditions of digital transformation of economic relations. Some trends in digitalization of the economy are presented. The objective need to review the role and appearance of the commercial bank in the perspective of the digital economy was noted. Problematic aspects of accelerated transformation of digital bank in Russia identified.

PRIORITIES FOR THE INNOVATIVE DEVELOPMENT OF THE TERRITORY IN THE CONTEXT OF DIGITAL TRANSFORMATION

2021 ◽  
Vol 2 (4) ◽  
pp. 170-177
Author(s):  
Fatimat Abdullakhovna Mambetova ◽  
Azamat Mukhazhidovich Fakov
Keyword(s):  
Digital Transformation ◽  
Innovative Development

ORGANIZATIONAL AND ECONOMIC ASSESSMENT OF THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED BUSINESSES IN THE AGRICULTURAL SECTOR

2021 ◽  
Vol 1 (8) ◽  
pp. 72-78
Author(s):  
T. V. GRISHINA ◽  
◽  
N. V. ZAMYATKINA ◽  
Yu. A. YUKHLINA ◽  
◽  
...  
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Economic Assessment ◽  
Digital Transformation ◽  
Innovative Development ◽  
Classification Feature ◽  
Theoretical Approaches ◽  
New Type ◽  
Definition Of

The article highlights the theoretical approaches to the definition of the concepts of small and medium-sized businesses. The relevance of the research is determined by the need to solve the problem of the development of small and medium-sized businesses in the agricultural sector in the context of digital transformation, the development and justification of directions for improving its development. The scientific novelty of the study is the formation of a complex for assessing the development of small forms of agricultural production, which allows us to develop priority strategic directions of development, including aspects of modernization of agricultural production and innovative development. The indicators of the development of small and medium-sized businesses in the agricultural sector are studied. A new type of classification feature of small and medium-sized businesses in the agricultural sector is proposed.

Pengaruh Dewan Direksi, Dewan Komisaris Independen. Kepemilikan Manajerial, Kepemilikan Institusional, Dan Dewan Pengawas Syariah Terhadap No Performing Financing (Studi Kasus Pada Bank Umum Syariah Yang Terdaftar Di OJK Periode 2015-2019)

2021 ◽  
Vol 2 (2) ◽  
Author(s):  
Yugi Maheswari ES ◽  
Iwan Fakhruddin ◽  
Azmi Fitriati ◽  
Bima Cinintya Pratama
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Commercial Bank ◽  
Financial Services ◽  
Supervisory Board ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Good Corporate Governance ◽  
The Board Of Directors

Tujuan penelitian ini untuk mengetahui pengaruh penerapan Good Corporate Governance (GCG) yang diproksikan oleh dewan direksi, dewan komisaris independen, kepemilikan manajerial, kepemilikan institusional, dan dewan pengawas syariah terhadap risiko pembayaran yang diukur dengan rasio Non Performing Financing (NPF) pada Bank Umum Syariah. Populasi penelitian adalah Bank Umum Syariah Yang Terdaftar di Otoritas Jasa Keuangan. Data yang digunakan adalah data sekunder berupa laporan tahunan Bank Umum Syariah periode 2015-2019. Sampel yang dikumpulkan adalah 14 bank syariah sebayak 70 data. Hasil penelitian menunjukkan bahwa dewan direksi berpengaruh negative erhadap NPF. Dewan komisaris independen, kepemilikan manajerial, kepemilikan institusional, dan dewan pengawas syariah tidak berpengaruh terhadap NPF.  The purpose of this study is to determine the effect of the implementation of Good Corporate Governance (GCG) which is proxied by the board of directors, the board of independent commissioners, managerial ownership, institutional ownership, and the sharia supervisory board against payment risk as measured by the Non Performing Financing (NPF) ratio at the Bank Sharia General. The study population was a Sharia Commercial Bank Registered at Financial services Authority. The data used was secondary data in the form of reports annual Sharia Commercial Bank for the period 2015-2019. The samples collected were 14 Islamic banks as much as 70 data. The results showed that the board of directors has a negative effect on NPF. Independent board of commissioners, managerial ownership, institutional ownership, and sharia supervisory board have no effect on NPF.

Strategy war games: how business can outperform the competition

2018 ◽  
Vol 39 (6) ◽  
pp. 3-12 ◽  
Author(s):  
Jason West ◽  
Maiko Chu ◽  
Lincoln Crooks ◽  
Matthew Bradley-Ho
Keyword(s):  
Financial Services ◽  
Business Strategy ◽  
Joint Venture ◽  
Corporate Strategy ◽  
Insurance Company ◽  
Content Type ◽  
External Threats ◽  
Internal Capabilities ◽  
Banking Institution ◽  
The Impact

PurposeBusiness wargames represent an alternative approach to challenge organisations to uncover internal capabilities through competitive actions designed to counteract external threats and address strategic mismatches. Internal capabilities uncovered as a result of actions taken during a competitive wargame aims to replicate market conditions found in competitive industries. These outcomes are difficult to achieve using many popular strategy design methods. The purpose of this study is to examine the use of war game-style activities in formulating corporate strategy that incorporate the natural behaviors of the leadership team in creating strategic plans.Design/methodology/approachUsing a case study from the banc assurance industry, the authors review a wargame process composed of two competing teams; the banc assurance organisation and an unincorporated joint venture between a banking institution and an insurance company. The goal of each entity was to develop strategy to improve both customer satisfaction and market share at the expense of each other given a finite set of resources. Success was judged using a simple set of metrics defined by both a consumer team and an independent umpire.FindingsConsumers of financial services are price sensitive and highly brand loyal. Unwillingness to switch brands to a prevailing competitor or other emerging (Fintech) institution persists to a threshold of a price and/or value differential of 15 to 20 per cent. The results highlight potential deficiencies in the proposed banc assurance strategy through the observation of customer behaviours and inefficient resource use.Originality/valueThe wargame approach conducted in a realistic landscape revealed internal capabilities not otherwise evident. The impact of authentic human behaviours in setting business strategy was captured which is very difficult to replicate using more formal scenario analysis and planning.

scholarly journals Pengaruh Rasio Kinerja Bank Terhadap Profitabilitas Industri Bank Umum Syariah di Indonesia

2019 ◽  
Vol 5 (3) ◽  
pp. 217
Author(s):  
Felix Efendy ◽  
Salman Fathoni
Keyword(s):  
Commercial Bank ◽  
Financial Services ◽  
Time Series Data ◽  
Multiple Linear Regression Model ◽  
Secondary Data ◽  
Series Data ◽  
Return On Assets ◽  
Statistical Tool ◽  
Negative Effect ◽  
Positive Effect

The purpose of this study was to determine and analyze the effect of the level of bank health ratios measured by BOPO, FDR and NPF on increasing the profitability of the Sharia Commercial Bank industry in Indonesia, which is proxied by ROA. The data used in this study are secondary data including operational efficiency (BOPO), liquidity (FDR), Non Performing Finance (NPF) and Return On Assets (ROA) in the sharia commercial bank industry registered at Bank Indonesia. The data is a monthly time series data from 2015-2018 obtained through the official sharia banking statistics website, Financial Services Authority (https://www.ojk.go.id). To analyze it, researchers used a multiple linear regression model with statistical tool software EViews 9. From the observations and analysis of the data that has been done, the conclusions in this study are the BOPO, FDR and NPF on ROA which is an indicator of the Bank's health to measure profitability has a high relationship . The BOPO variable partially has a significant negative effect on profitability (ROA). FDR partially has a negative and significant effect on ROA. NPF partially has no positive effect on profitability.

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