The strength of the Lebanese banking system in the face of political instability. (c2008)

2008 ◽  
Author(s):  
Maya T. Hobeika
Keyword(s):  
Political Instability ◽  
Banking System ◽  
The Face

Russian Banking System under Conditions of Global Crisis

2009 ◽  
pp. 4-14 ◽  
Author(s):  
G. Gref ◽  
K. Yudaeva
Keyword(s):  
Banking System ◽  
Commodity Prices ◽  
Financial Sector ◽  
Banking Crises ◽  
Economic Recovery ◽  
Balance Sheets ◽  
Current Economic Crisis ◽  
Risk Appetite ◽  
The Us ◽  
The Face

Problems in the financial sector were at the core of the current economic crisis. Therefore, economic recovery will only become sustainable after taking care of the major weaknesses in the financial sector. This conclusion is relevant both for the US and UK - the two countries where crisis has started, and for other economies which financial institutions turned out to be fragile in the face of the swings in the risk appetite. Russia is one of the countries where the crisis has revealed serious deficiency in the financial sector. Our study of 11 banking crises during the last 25-30 years shows that sustainable economic recovery and decrease in the dependence on commodity prices will be virtually impossible without cleaning of balance sheets and capitalization of the financial sector.

scholarly journals EVALUATION OF DUAL BANKING SYSTEM IN BANKING IN INDONESIA

2020 ◽  
Vol 11 (2) ◽  
Author(s):  
Amanatun Nisfah Nurun Nikmah ◽  
Tulus Suryanto ◽  
Surono Surono
Keyword(s):  
Financial Stability ◽  
Banking System ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Common Goal ◽  
The Face ◽  
Capital Access ◽  
Conventional Banks ◽  
Banking Institution ◽  
Negative Factors

Evaluation of Dual Banking System in Indonesia. Dual Banking System is the application of two banking systems in one banking institution, namely conventional banking and Islamic banking. Indonesia can optimize the dual banking system through strength share and weakness cover, namely Islamic banks are generally superior in terms of a more stable system in the face of market changes but have deficiencies in infrastructure, whereas conventional banks have large market and capital access and more infrastructure complete, but very vulnerable to crises due to the negative factors of economic integration which are already very strong. The superiority of the dual banking system concept is seen in two separate systems that operationally do not affect each other, but have one common goal, namely financial stability that supports economic growth. So, to achieve this goal the two systems can work together in external factors such as access to capital, infrastructure, supervision or clearing systems that can help interbank liquidity.

scholarly journals Cryptocurrencies: A political and a fiscal analysis

2019 ◽  
Vol 6 (3) ◽  
pp. 102-111
Author(s):  
Carlos Rodrigues ◽  
Ana Campina ◽  
Graziela Moraes
Keyword(s):  
Banking System ◽  
Central Banks ◽  
Real Economy ◽  
Global Level ◽  
Virtual Currency ◽  
Financial Reports ◽  
The Face ◽  
The Moment ◽  
Private Banking ◽  
Fiscal Analysis

The existence of cryptocurrency a decade ago is an inescapable reality that at the moment generates a high financial influence at global level, the fact that obliges us to know and to study them. Our questions are essentially at three levels: their acceptance, or not, by the States in the face of the paper-money issued by their Central Banks and how the Private Banks react to this virtual currency created in particular; what actions have Tax Administrations at the global level faced with the wealth they generate and the financial values that move in the real economy. Our study is based on the doctrine that already exists, but mainly financial reports produced by central banks and private banking as well as by tax administrations. Finally, we present our conclusions on the current state of analysis and financial studies of the banking system and tax administrations and, of course, our opinion. Keywords: Cryptocurrency, Bitcoin, fiscal analysis, policies, perceptions.

Why non-Muslims subscribe to Islamic banking?

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Buerhan Saiti ◽  
Abubakar Aliyu Ardo ◽  
Ibrahim Guran Yumusak
Keyword(s):  
Banking System ◽  
Islamic Banking ◽  
Content Type ◽  
Scientific Methods ◽  
Customer Base ◽  
Slowing Down ◽  
Factors Influencing ◽  
The Face ◽  
Banking Institutions ◽  
Potential Benefits

Purpose Islamic finance has exhibited immense potential to transform the global financial landscape in the recent years. In reaction to the trend, Nigeria introduced Islamic banking system to cater to the need of the teeming population and promote financial inclusion, among other potential benefits. Unfortunately, the notable growth recorded by the banks since the inception of the Islamic banking system is slowing down because of religiously induced sentiments and criticisms championed by certain non-Muslim segments of the society. Interestingly, even with the impish hype and publicity, non-Muslims make a significant customer base of the Islamic banks. Therefore, the current paper aims to investigate the factors influencing the choice of Islamic banking among non-Muslim customers, using the theory of planned behaviour as a conceptual framework. Design/methodology/approach This research adopts a positivist approach and relies on facts and quantitative data in an objective manner. Positivism emphasizes on using scientific methods to derive factual and quantifiable results. Findings Based on the regression analysis, subjective norm was found to be the most significant factor influencing the choice of Islamic banking followed by perceived behavioural control and attitude. As a result, it is important for Islamic banking institutions and relevant regulatory agencies to take preemptive measures that may protect and enhance these factors in a bid to promote patronage and eventual success of Islamic banking in Nigeria, especially in the face of growing scepticism. Originality/value The existing literature focuses on the choices of either Muslims without due emphasis on the determinant of choice in the case of non-Muslim customers. The growing support of Islamic banking products, cutting across religious divides, compels research on the factors that influence the choice of Islamic banking among non-Muslim customers. Hence, this research seeks to bridge the gap in the existing literature by embarking on an investigation into the factors influencing the choice of Islamic banking among non-Muslim customers in the context of Nigeria.

Sub-Saharan Africa: Conflicts and Development

2014 ◽  
pp. 102-112
Author(s):  
E. Lebedeva
Keyword(s):  
Political Instability ◽  
Armed Conflicts ◽  
Ecological Crisis ◽  
Sub Saharan Africa ◽  
Direct Result ◽  
Ruling Elites ◽  
The Face ◽  
Basic Services ◽  
Sub Saharan ◽  
Peripheral Areas

Political instability is growing in sub-Saharan Africa. The situation has left the Sahelian countries increasingly vulnerable to insecurity resulting from armed conflicts, terrorist activities, illicit trafficking and related organized crime, ecological crisis, «resource» wars and the like. These new global and regional challenges superimposed on traditional factors, provoking conflicts (social polarization, widespread corruption, coupled with the inability of the involved governments to deliver basic services, weak administration and other). At the same time, chronic political instability is a direct result of the lack of institutionalized political dialogue, of national consensus on strategy of national security and, also, because of the continuing unwillingness of the ruling elites to engage in the development of peripheral areas. Crises in Mali and Nigeria have clearly demonstrated the «fragility» of sub-Saharan states in the face of these threats. The scale of problems in the Sahel is so great that the United Nations has proposed a new conceptual and organizational approach to their solution. Nowhere is the development–security nexus more evident than in the Sahel. Major emphasis is placed on integrated and coordinated implementation of measures in the field of security and development in the region and regional and interregional cooperation among Sahelian, West African and Maghreb states. The UN declares a top priority of “partner peacekeeping", which is based on the cooperation of the UN as the main actor with international regional organizations – the EU, AU, ECOWAS, financial institutions and donor countries as well as other bilateral partners. Currently, ensuring a coherent and mutually supportive peacekeeping of the UN and the AU becomes most urgent issue for the organizations, since the relations between them are characterized by mistrust and tension.

Conceptual provisions of management percentage risk in international practice

2021 ◽  
pp. 205-218
Author(s):  
Valentin Yur’evich Vakhrushev ◽  
Andrey Viktorovich Zakharov ◽  
Mikail Bekzadaevich Khudzhatov
Keyword(s):  
Russian Federation ◽  
Commercial Banks ◽  
Banking System ◽  
Developed Countries ◽  
Central Banks ◽  
Interest Rate Risk ◽  
Global Banking ◽  
The World ◽  
The Face ◽  
The Russian Federation

In the face of the COVID-19 pandemic world banking system is being severely tested. The last time such shocks occurred during the global fi nancial crisis of 2008–2009. However, the crisis of the global banking system in 2020 caused by the COVID-19 pandemic is very diff erent from the global fi nancial crisis of 2008–2009. During the previous global fi nancial crisis, central banks around the world were able to cut key rates to stimulate the aff ected economy, while the current crisis is taking place in conditions of extremely low and even negative key rates. Consequently, the central banks of the economically developed countries of the world lack one of the most eff ective tools to stimulate the economy in the face of a global crisis. Since the maximum income of commercial banks is generated by the operation of high key rates, the downward trend in recent years is a serious risk to the business of commercial banks. The article analyses the dynamics of key rates in the economically developed countries of the world in comparison with China and the Russian Federation, based on the results of this document, the main trends and patterns were identified, the most dangerous risks for commercial banks are shown. Besides the article discusses the modern conceptual provisions of interest rate risk management in commercial banks of the Russian Federation. They form the basis for the development of constructive methods for assessing commercial risk and the formation of managerial decisions that ensure its prevention or reduction of negative consequences in the event of the implementation of risk events that determine it.

scholarly journals THE NEED TO DEVELOP PROTECTIVE MEASURES TO MAINTAIN AND SUSTAINABLE FUNCTIONING OF THE BANKING ECOSYSTEM IN RUSSIA

2021 ◽  
pp. 40-47
Author(s):  
Л. Р. Магомаева ◽  
М. М. Абдурахманова ◽  
Т. Р. Магомаев
Keyword(s):  
Banking Sector ◽  
Banking System ◽  
Competitive Advantages ◽  
Protective Measures ◽  
Operational Risks ◽  
Complex Information ◽  
New Information ◽  
The Face ◽  
Remote Services

В условиях активного развития экосистем и сближения финансового и нефинансового секторов особую важность приобретает не только качество используемых сервисов, но и контроль за их функционированием на уровне операционных офисов и внутренних структурных подразделений банков. Стратегически важным приоритетом современного банковского сектора выступает поиск новых информационных взаимосвязей, генерирующих не только конкурентные преимущества, но изменение профиля операционных рисков в условиях увеличения объема дистанционных услуг, характера и объемов их предоставления на уровне экосистемы.Развитие глобальных экосистем актуализирует проблемы защиты банковской системы ввиду растущих операционных рисков, оказывающих влияние на капитал. В этой связи целью данной публикации выступает поиск комплексных информационных индикаторов, способных оказать превентивное воздействие на снижение операционных потерь для банков в условиях рисков и неопределенности внешней и внутренней среды. In the context of the active development of ecosystems and the convergence of the financial and non- financial sectors, not only the quality of the services used, but also control over their functioning at the level of operational offices and internal structural divisions of banks, is of particular importance.A strategically important priority of the modern banking sector is the search for new information relationships that generate not only competitive advantages, but also a change in the profile of operational risks in the face of an increase in the volume of remote services, the nature and volume of their provision at the ecosystem level.The development of global ecosystems actualizes the problems of protecting the banking system in view of growing operational risks affecting capital.In this regard, the purpose of this publication is to search for complex information indicators that can have a preventive effect on reducing operating losses for banks in the face of risks and uncertainty in the external and internal environment.

Prisoners' Financial Dilemmas: A Consociational Future for Lebanon?

1987 ◽  
Vol 81 (1) ◽  
pp. 201-218 ◽  
Author(s):  
Clement Henry Moore
Keyword(s):  
Capital Structure ◽  
Choice Model ◽  
Banking System ◽  
The Other ◽  
International Regimes ◽  
Balance Sheets ◽  
The Poor ◽  
Rational Choice Model ◽  
The Face ◽  
Political Settlement

Lebanon's banking system is viewed as an “international regime” that held the country together in the face of all pervasive warfare. The system illustrates the underlying logic of such regimes, in that the banks' credit policies operationalized the rational choice model of an iterated prisoner's dilemma game. And just as international regimes are supposed to reflect the interests of state actors, analysis of the banks' balance sheets and income statements reveals changes in capital structure that reflect changes in Lebanon's political balance. While sustaining elite cohesion, the banks serviced political clienteles and might, if a political settlement were reached, support the restructuring of a consociational system more in line with Lebanon's demographic balance. If, on the other hand, no settlement is reached, the poor country's suicide may highlight certain aspects of international reality that seem recalcitrant to the theory of international regimes.

Greek fiscal crisis and measures to safeguard financial stability

2015 ◽  
Vol 23 (4) ◽  
pp. 415-430 ◽  
Author(s):  
Spyridon Repousis
Keyword(s):  
Financial Stability ◽  
Banking Sector ◽  
Debt Crisis ◽  
Banking System ◽  
Regulatory Framework ◽  
Fiscal Crisis ◽  
Stress Tests ◽  
Content Type ◽  
The Face ◽  
Of Greece

Purpose – The purpose of this paper is to present measures and policies followed during the Greek fiscal crisis to safeguard financial stability. Design/methodology/approach – Greece since 2009 was subjected to the Excessive Deficit Procedure and a government debt crisis due to the arrival of the global economic crisis leading to a major economic and banking crisis. Two huge bailout loans and programs helped Greece avoid default. However the second bailout loan and participation of banks in the Private Sector Involvement caused losses to the banking system that amounted to €37.7 billion. To deal with the prospect of potential bank failure Bank of Greece the central bank in cooperation with national and international authorities developed many strategies to safeguard financial stability such as cash management and liquidity operations establishment and operation of Greek Financial Stability Fund (GFSF) institutional framework for recapitalization and resolution of credit institutions. Findings – The first step was to support bank liquidity pressures. In the face of these pressures the Eurosystem’s monetary policy operations provided lending to euro that ended 2010 and accounted to €97.6 billion. The second step was to establish a legal and regulatory framework for bank resolution and assess funds needed to recapitalize banks through stress tests and diagnostic assessments. Results showed that during 2012–2014 the Greek banking sector would require approximately €40.5 billion for strengthening its capital base of which €27.5 billion corresponded to the four “core banks”. Bank of Greece and GFSF managed to complete a €48.2 billion bank recapitalization in June 2013 of which the first €24.4 billion was injected into the four biggest Greek banks. In return Bank of Greece received a number of shares in those banks which it can now sell again during the upcoming years. The third step of policies was to implement resolution and restructuring measures. From October 2011 to March 2014 12 banks resolved through the new legal and regulatory framework under either a transfer order (order to transfer assets and liabilities to a transferee credit institution) or establishment of a bridge bank. All policies succeeded to safeguard Greek financial stability and restore bank losses that resulted from Greek public debt “haircut”. Originality/value – To the best of the author’s knowledge this is the first paper examining this issue.

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