scholarly journals OWNERSHIP STABILIZATION OF SAVINGS BANKS BY FOUNDATIONS

2016 ◽  
Vol 4 ◽  
pp. 088-091
Author(s):  
Holger Blisse

Foundations have recently played a specific role in the transformation of savings banks to joint stock companies (corporations) in Europe. The current discussion about the recovery and resolution of credit institutions and the growing responsibility of depositors in the event of bankruptcy, shifts the risk from the banking industry to a group that traditionally was never affected. As a support, and also as security for depositors of risk-sensitive and risk-responsible credit institutions, the group of owners becomes even more relevant. Within groups that are possible, a foundation, as owner, can intensify stability and signalize risk awareness and responsibility. This paper analyzes the innovative aspects and positive effects of a savings bank’s foundation as well as the problems of retaining typical features of a savings bank.

2015 ◽  
Vol 24 (5) ◽  
pp. 481-493 ◽  
Author(s):  
Andrea Pérez ◽  
Ignacio Rodríguez del Bosque

Purpose – The purpose of this paper is to apply a thoroughly tested model to the study of how corporate social responsibility (CSR) perceptions impact customers’ affective and behavioural responses in the banking industry. As a contribution to the previous literature, the moderating role of the type of company (savings banks vs. commercial banks) in the conceptual model is explored. Design/methodology/approach – A structural equation model is tested with information collected from 648 customers of savings banks and 476 customers of commercial banks. Findings – The findings demonstrate that CSR perceptions positively impact customer identification with the banking company, emotions, satisfaction, recommendation and repurchase behaviours in both samples. However, CSR is perceived differently by customers depending on the type of banking company that implements it. Thus, its effects on customers’ affective and behavioural responses are different. Practical implications – Practitioners should not try to promote the best CSR approach for a standardised organisation, regardless of its special industry characteristics. They should be aware of the differences customers perceive in companies to adapt their CSR initiatives to the expectations of their targets. Originality/value – The contributions of the paper are two-fold. On the one hand, the banking industry has been scarcely explored by previous scholars. On the other hand, the authors explain the role that the type of banking company plays in the conceptual model proposed in the paper because significant differences are observed among savings bank customers and commercial bank customers concerning their affective and behavioural responses to CSR perceptions.


Author(s):  
R. Daniel Wadhwani

This chapter begins by examining the reasons for the growing historiographical and theoretical interest in small-scale credit institutions, and in understanding variations in the institutional arrangements of intermediaries more broadly. It then briefly surveys the literature on a selection of these institutions—ROSCAs, savings banks, credit cooperatives, and building associations—to identify patterns of organization and development over time and place. Finally, it examines a number of theoretical perspectives that have been used to account for variation in in the organizational size, form, and practices that such small credit institutions embody. Specifically it considers transaction cost theories, location-based theories, socio-political theories, and cultural/narrative theories, and assesses their contributions and limitations in understanding the sources of variation and change in institutional arrangements.


2003 ◽  
Vol 10 (1) ◽  
pp. 31-55 ◽  
Author(s):  
CORMAC Ó GRÁDA

The article examines the early history of provident institutions or trustee savings banks in Ireland. Combining aggregate data and an archive-based study of one savings bank, it describes the growth and performance of this ‘institutional import’. By and large, Irish savings banks catered for the lower-middle and middle classes, not the poor as intended by the founders of the movement. The article also explains how the collapse of three savings banks in 1848 dealt savings banks in Ireland as a whole a blow from which they never really recovered.


2005 ◽  
Vol 8 (2) ◽  
pp. 167-189 ◽  
Author(s):  
Tae Hwan Yoo

Development in the financial sector, in particular, the banking sector, plays a key role in stimulating and stabilizing economic growth. Since the foreign exchange crisis in 1991, India has undertaken banking sector reforms. This paper focuses on the following two issues. First, I provide an overview of development in the banking sector over the years, especially after the implementation of the reform policy programs. In order to show the evolution of the Indian banking sector, I examine the reserve ratios reduction, interest rate deregulation, and ratios of non-performing assets. Second, this paper investigates the performance of banking groups by comparing the degree of profitability, and the soundness and efficiency of banks in India. In conclusion, while reform policies have had positive effects on the performance of banks, especially Public Sector Banks in India, the Indian government has to take further steps to deregulate and liberalize the banking industry.


2019 ◽  
Vol 3 (2) ◽  
pp. 7-25
Author(s):  
Bijan Bidabad

In addition to removing Riba in banking activities, and by observing Islamic banking principles, and creating safe and public confidence environment, Rastin Banking can lead to important positive effects on growth and economic welfare through money and capital markets. In this paper, we refer to the headings set forth in Rastin Banking and its pillars of Rastin PLS banking. Rastin Banking is a new approach in the banking industry.


2014 ◽  
Vol 9 (3) ◽  
pp. 1698-1711
Author(s):  
Elizabeth Wanjiru Ngigi ◽  
Dinah Jeruto Kipkebut

The banking industry in Kenya is operating in an environment that is becoming increasingly complex due to increased competition, rapid technological changes, globalisation and growth of alternative banking institutions. In order for the banks to achieve success and to satisfy their customer needs, they must attract and retain a satisfied workforce as a source of competitive advantage. The objective of the present study is to examine the effects of demographic characteristics (age, gender, marital status, education, tenure and bank sector) and job characteristics (namely; job autonomy, job variety, role stress, co-worker and supervisory support) on job satisfaction among employees in commercial banks in Nakuru Town in Kenya. The sample of the study consisted of 126 employees drawn from a population of 180 employees from three (3) locally owned banks and five (5) foreign-owned banks. Questionnaires were used to collect data which were analysed using inferential statistics which included Independent Samples T-Test, One Way Analysis Of Variance (ANOVA), Pearsons Correlation and Multiple Regression analysis. The results showed that (a) demographic characteristics partially influenced job characteristics and job satisfaction; (b) Job autonomy, job variety, co-worker and supervisory support had significant, positive effects on job satisfaction; (c) Role stress did not have a significant effect on job satisfaction. The study recommends that bank managers adopt various managerial interventions in order to create a pleasant and supportive work environment in which job satisfaction will thrive.


2013 ◽  
Vol 20 (2) ◽  
pp. 183-208 ◽  
Author(s):  
Duncan Ross

Savings banks were created as a means to encourage the newly created working class to save for the uncertainties of urban industrial life. This article explores the success of the Savings Bank of Glasgow, and pays particular attention to the response of savers to the financial and commercial crises of 1847 and 1857. The crisis of 1847 was shallower but longer lasting in Glasgow, while that of 1857 was greatly exacerbated by local conditions in the short term, but of little long-term importance to savers. It suggests that, in both crises, some elements of contagion may have been present but that those who panicked in 1857 were systematically different from those who did not.


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