scholarly journals The scenario of microfinance in Latin America against the international financial crisis

2010 ◽  
Vol 56 (No. 12) ◽  
pp. 583-590 ◽  
Author(s):  
G.R.E. DALAN ◽  
K. SRNEC
Keyword(s):  
Latin America ◽  
Financial Crisis ◽  
Financial Institutions ◽  
Current Status ◽  
Microfinance Institutions ◽  
International Financial Crisis ◽  
Strong Position ◽  
And Performance ◽  
Favorable Conditions ◽  
Macroeconomic Growth

Latin America has very good conditions for microfinance; the macroeconomic growth which Latin America had shown in the recent years created favourable conditions for the microfinance institutions' favorable conditions and its development. Profitability of the microfinance sector presents an attractive market for the financial institutions which already have a have strong position in the market. The purpose of this work is to focus on the current situation and performance of the microfinance sector while identifying some of the reasons that affect the microfinance institutions in this region. The work also provides a view on the microfinance industry development to get a better description of the sector. The microfinance institutions are earning an undeniable importance in the process of the regional development and represent an important factor in the alleviation of poverty and insecurity for large segments of the population. The work is based on information from relevant sources that allow us to identify the current status of microfinance in Latin America, especially in these times when the crisis affects also the region's economic dynamism.

Core Competency and Industry Environment: Its Influenceson the Competitive and Cooperative Strategyand Its Implicationon the Performance of Sharia-based Financial Institutionsin AcehProvince

2014 ◽  
Vol 2 (1) ◽  
pp. 125-141
Author(s):  
Muslim A Djalil ◽  
Muhammad Adam ◽  
Hendra Syahputra
Keyword(s):  
Financial Institutions ◽  
Competitive Strategy ◽  
Business Performance ◽  
Core Competency ◽  
Microfinance Institutions ◽  
Cooperative Strategy ◽  
Industry Environment ◽  
Endogenous Variables ◽  
And Performance ◽  
Intervening Variables

Objective : The aims of the research are to describe and investigate the causal relationship among underlying exogenous Variables (Core Competency and Industry Environment) and Endogenous Variables (Competitive Strategy and Cooperative Strategy and Performance) of Sharia Based Banking and Microfinance Institutions in the Province of Aceh, Indonesia. Methodology/Technique : The research consists of quantitative survey involving 252 respondents deriving from 79 Sharia based financial Institutions in the region. The collected data are processed by using SEM-Amos. Findings : All of eight hypotheses of variables tested in the model have a significant influence among constructs, except for two hypotheses, namely, between Core Competency and Cooperative Strategy and between Cooperative Strategy and Performance. Another finding is that core competency and Industry environment have stronger influence directly on performance than that influence through the intervening variables of Competitive Strategy and Cooperative Strategy. Type of Paper: Empirical Paper Novelty - The integration of RBV Approach (e.g. Core Competency) and Industrial Organization View(I/OV) Approach (e.g. Industry Environment) to boast superior business performance is particularly new to the context of sharia-based financial institutions. The research contributed to the literature on sharia-based banking and microfinance and strategic management. Keywords: Core Competency; Industry Environment; Competitive Strategy; Cooperative Strategy; Performance.

CSR on Financial Markets

2021 ◽  
pp. 74-100
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Financial Crisis ◽  
Financial Institutions ◽  
International Institutions ◽  
Financial Innovation ◽  
Innovation Process ◽  
Substantial Contribution ◽  
Financial Instruments ◽  
International Financial Crisis

Financial institutions can make a substantial contribution to promoting the principles of sustainable development among their main stakeholders, namely portfolio investors and financial consumers. The challenges posed by climate change have led to the intensification of the financial innovation process and the emergence of new financial instruments such as green bonds and sustainability indices. Their success was due both to the involvement of international institutions that have developed various voluntary principles for companies and to portfolio investors who understood their role in the new context and bought new types of securities. Therefore, the efforts of both sides are bearing fruit in an environment in which confidence must be regained after the earthquake generated by the international financial crisis and the image crisis that financial institutions are facing.

scholarly journals International financial crisis and bank statization in Germany

2010 ◽  
Vol 6 (2) ◽  
pp. 541-564
Author(s):  
Roberto Chacon de Albuquerque
Keyword(s):  
Financial Crisis ◽  
Financial Institutions ◽  
Financial System ◽  
State Control ◽  
International Financial Crisis ◽  
Banking Institutions ◽  
Market Stabilization ◽  
Legal Strategies ◽  
Banking Institution ◽  
Hypo Real Estate

Facing an international financial crisis that could lead its own financial system to the brink of collapse, the German government needed to show political will in order to save financial institutions in risky situations. This article analyzes the legal strategies used to rescue the financial system, including the statization of banking institutions as an ultima ratio. Prior to the bank statization established by the Rescue Takeover Act, the Financial Market Stabilization Act foresaw an increase in the capital of financial institutions by means of state control without statization. This last act, nonetheless, has not been considered enough to avoid the collapse of a banking institution that is relevant for the whole financial system such as Hypo Real Estate (HRE).

Effects of Financial Innovations on Profitability for Deposit Taking Microfinancing Institutions in Kenya

2018 ◽  
Vol 9 (6) ◽  
pp. 529-536
Author(s):  
Martin Khoya Odipo ◽  
Keyword(s):  
Financial Institutions ◽  
Positive Relationship ◽  
Financial Institution ◽  
Secondary Data ◽  
Financial Statements ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Financial Innovations ◽  
Strong Positive Relationship

Recent studies have documented that innovations improve profitability of firms. This article documents that deposit taking micro financial institutions that have adopted financial innovations have increased their profitability. The study covered five years between 2009-2013. Both primary and secondary data were used in the study. Primary data was obtained through administration of drop and pick questionnaires to selected employees of the institutions. Secondary data was obtained from financial statements and management reports of these deposit taking microfinance institutions. Data was analyzed using descriptive statistics, return on asset and multi-liner regression model to determine the effect of each financial innovation applied on profitability on the micro-financial institution. The results showed that most deposit taking microfinance institutions adopted these financial innovations in their current operations. There was strong positive relationship between individual innovations and profitability. In line with profitability ROA also showed improvement each year after the adoption of these financial innovations.

The Role of Mobile Money in Moderating Financial Exclusion: A Tanzanian Experience

2020 ◽  
Vol 2 ◽  
pp. 1-24 ◽  
Author(s):  
Deogratius Joseph Mhella
Keyword(s):  
Developing Countries ◽  
Financial Institutions ◽  
Banking Sector ◽  
Research Question ◽  
Microfinance Institutions ◽  
Mobile Money ◽  
Access To Credit ◽  
Financial Exclusion

Prior to the advent of mobile money, the banking sector in most of the developing countries excluded certain segments of the population. The excluded populations were deemed as a risk to the banking sector. The banking sector did not work with cash stripped and the financially disenfranchised people. Financial exclusion persisted to incredibly higher levels. Those excluded did not have: bank accounts, savings in financial institutions, access to credit, loan and insurance services. The advent of mobile money moderated the very factors of financial exclusion that the banks failed to resolve. This paper explains how mobile money moderates the factors of financial exclusion that the banks and microfinance institutions have always failed to moderate. The paper seeks to answer the following research question: 'How has mobile money moderated the factors of financial exclusion that other financial institutions failed to resolve between 1960 and 2008? Tanzania has been chosen as a case study to show how mobile has succeeded in moderating financial exclusion in the period after 2008.

Sign in / Sign up

Export Citation Format

Share Document