scholarly journals The Development and Transformation of the Bank Card Market as an Imperative for Digitalization: the Case of Central and Eastern European Countries

2021 ◽  
Vol 24 (4) ◽  
pp. 45-67
Author(s):  
Olena Sobolieva-Tereshchenko ◽  
Olesya Moyseyenko ◽  
Valeriia Zharnikova

The purpose of this study is to determine the development trends of the major determinants of the bank card market in eight countries of Central and Eastern Europe in the period from 2010 to 2019. Continuing a study carried out in 2018, further comparative analysis of the “Bank Cards Market Index” proposed earlier and based on a system of interrelated indicators of bank payment cards, ATMs and POS‑terminals, was carried out. We provide an overview of the rankings of Ukraine, Belarus, Moldova, Russia, Romania, Poland, Hungary, Slovakia using international ranking systems such as “The Legatum Prosperity Index,” “Doing Business,” “The Index of Economic Freedom,” and the “Вank Cards Market Index.” Further studies of three international ranking systems, as well as the “Bank Cards Market Index,” again confirmed the similarity of the development models of the bank card market in Poland and Ukraine. To study the impact of the digitalization of economics and Covid–19 on the bank card market, a deeper analysis of two cases (Poland and Ukraine, as two similar bank card markets) was carried out using the “Digital Evolution Index.” In the course of the research, it was concluded that the “Вank Cards Market Index” can be successfully used for further research of the banking sector of different countries. Also, the growth trend of cashless payments in the bank card market and the possible transformation of the market under the influence of Covid–19, and the global digitalization of economics were noticed. Taking into account the above trend, further studies of the system of interrelated indicators of bank payment cards, ATMs, and POS terminals should be carried out using the “Digital Evolution Index” or other international indexes that characterize the level of digitalization of the economy in the researched countries.

The present study explores the impact of the COVID-19 pandemic on Islamic bank indices in GCC countries banking sector. The research aims to know the ability of Islamic Bank indices to face the COVID-19 crisis and examine whether Islamic bank indices can respond to the volatility in the stock exchanges. The study uses data of stock exchanges and Dow Jones Islamic Market Index in GCC countries banking sector to relate the data before and during the COVID-19 crisis. It is found that Islamic banks have ability to respond the financial and economic crisis. Also, Islamic banks are able to provide their valuable services continuously and perform their financial activities during and after the crisis competently. The results also indicate that Islamic Bank Indices in GCC countries have performed better during 2019 with significant closing prices compared to 2020. As during 2020 fifteen banks recorded normal decreasing in its indices and six Islamic banks achieved growth in its indices. In Q1, Q2 of 2021 the Islamic banks achieved positive growth in its indices price. This specifies that Islamic Banks have managed the financial and economic crisis in an efficient manner.


2018 ◽  
Vol 21 (4) ◽  
pp. 25-44 ◽  
Author(s):  
Olena Sobolieva-Tereshchenko

The purpose of this study is to define the major determinants of the bank card market to investigate the banking sector of different countries. Using three models of ranking, we discuss what can be used to rank the financial market and how it translates into the ranking of the bank card market. We use comparative analysis to verify our assumption, referring to a total of 8 countries: Ukraine and its neighboring countries. Afterward, we conduct a more in‑depth analysis of two cases (Poland and Ukraine) as two similar bank card markets. The research question is founded on the assumption that for a comparative analysis, it is necessary to use a system of interrelated indicators of bank payment cards, ATMs and POS terminals as the explicative variables.


2020 ◽  
Vol 3 (3) ◽  
pp. 12-22
Author(s):  
Mehreen Fatima ◽  
Zeeshan Izhar ◽  
Zaheer Abbas Kazmi

Purpose- The primary purpose of the study is to determine the impact of organizational justice (OJ) on employee sustainability. Along with that, it also describes how organizational commitment mediates this direct relationship. This study includes all dimensions of OJ which are distributive, procedural and interactional (interpersonal & informational) within the context of a developing country (Pakistan). Design/Methodology- This study has considered employees working in the banking sector of Pakistan. Two hundred ten questionnaires were received back from employees. Regression analysis was used to analyze direct relationships between variables, while smart partial least squares (PLS) were used for mediation analysis. Findings- Results demonstrated that all hypothesis were accepted and it was also confirmed that organizational commitment (OC) mediates the direct relationship between OJ and employee sustainability (ES). Originality/value- Multidimensional construct of organizational justice was tested in this study, in the context of a developing country (Pakistan), to address the research gap.


Author(s):  
Jaspreet Kaur

Manpower training and development is an important aspect of human resources management which must be embarked upon either proactively or reactively to meet any change brought about in the course of time. Training is a continuous and perennial activity. It provides employees with the knowledge and skills to perform more effectively. The study examines the opinions of trainees regarding the impact of training and development programmes on the productivity of employees in the selected banks. To evaluate the impact of training and development programmes on productivity of banking sector, multiple regression analysis was employed in both log as well as log-linear forms. Also the impact of three sets of training i.e. objectives, methods and basics on level of satisfaction of respondents with the training was also examined through employing the regression analysis in the similar manner.


Processes ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 276
Author(s):  
Hang Jia ◽  
Haoxi Ben ◽  
Fengze Wu

Biochar is generally accepted and increasingly valued in scientific circles as solid products in the thermochemical conversion of biomass, mainly because of its rich carbon content. The purpose of this research is to investigate the impact of biochar from different sources on wheat growth. In particular, this work focused on the effect of different preparation methods and raw material of biochar on the growth of wheat and aim to find a potential soil substitute that can be used for crop cultivation. Two synthetic methods were evaluated: hydrothermal conversion and pyrolysis. The characterization of biochar was determined to explore the impact of its microstructure on wheat growth. The results show that the yield of biochar produced from high-pressure reactor is significantly higher than that obtained by using microwave reactor. For example, the biochar yield obtained through the former is about six times that of the latter when using steamed bread cooked as biomass raw material. In addition, the growth trend of wheat indicates that biochar has different promoting effects on the growth of wheat in its weight and height. The pyrolyzed carbon is more suitable for wheat growth and is even more effective than soil, indicating that pyrolyzed biochar has more potential to be an alternative soil in the future. Moreover, this research tries to explore the reasons that affect crop growth by characterizing biochar (including scanning electron microscopy (SEM), biofilm electrostatic test (BET) and Fourier transform infrared (FT-IR)). The results indicate that the biochar containing more pits and less hydroxyl functional are more suitable for storing moisture, which is one of the significant factors in the growth of crops. This study provides evidence of the effects of biochar on crop growth, both in terms of microstructure and macroscopic growth trends, which provides significant benefits for biochar to grow crops or plants.


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