scholarly journals Devotional response that arises in the agreement between the captain gold driver with the TPI grab's participants

2019 ◽  
Vol 3 (2) ◽  
pp. 147-155
Author(s):  
Hishom Prastyo Akbar
Keyword(s):  
Financial Institutions ◽  
Credit System ◽  
Business Partner ◽  
Transportation Mode ◽  
Motorized Vehicles ◽  
Vehicle Status

The emergence of the phenomenon of Taxi Online / Motorized Vehicles Not in Route Like the welcome for consumers of financial institutions, especially the ease of procession of registering vehicles for online taxis certainly adds to the passion of the community to run this business, unfortunately not only the benefits that may be obtained by financial institutions business activists consumers but also risks, Bisnis Taxi Online as the application seller does not require registration of vehicle status in detail, regarding whether the vehicle registered is an object of fiduciary guarantee or not. Responding to the need for a vehicle with a secure credit system, Grab as one of the giant companies in online transportation mode, has raised / collaborated with companies known as Indonesian Transportation Technology / TPI Preferred Grab's Partner, as a driver / driver business partner by offering ease of ownership vehicles for taxi purposes online through the Gold Captain program.

scholarly journals PENERAPAN KONSEP CHARACTER, CAPACITY, CAPITAL, COLLATERAL, CONDITION (5C) DALAM SISTEM PEMBERIAN KREDIT USAHA MIKRO PADA PT BANK MANDIRI (PERSERO) TBK UNIT MANDIRI MITRA USAHA BALIKPAPAN UNIVERSITAS BALIKPAPAN

Jurnal Edueco ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 37-45
Author(s):  
Linda Wulan Sari ◽  
Casmudi Casmudi ◽  
Sugianto Sugianto
Keyword(s):  
Data Analysis ◽  
Financial Institutions ◽  
Credit System ◽  
Customer Data ◽  
Analysis Techniques ◽  
Standard Operation ◽  
Credit History ◽  
Operation Procedure ◽  
The Subject ◽  
Credit Scores

ABSTRACT The focus of the problem is on the application of the Character, Capacity, Capital, Collateral, Condition (5C) Concepts in the Micro Business Credit System, particularly Bank Mandiri, which includes how to apply the 5C principle itself, obstacles that arise when implementation occurs, and also how to overcome these obstacles. The cornerstone of theory uses (Muchtar, Rahmidani, Siwi, 2016) Jakarta Kencana, Banks and Other Financial Institutions. Openness between customers to banks is one of the basis for providing healthy credit. The purpose of this study is to find out how the process of taking credit at Bank Mandiri is carried out, whether it is in accordance with the Standard Operation Procedure procedure or there is a provision for the unit to be the subject of approval. The object of this research is the credit processor or in this case the bank and the customer. Data collection techniques are carried out by interviews, observation and documentation. Data analysis techniques are carried out by source triangulation. The results of the study conclude that: (1) the application of the 5C principle has an effect on the lending process at PT Bank Mandiri (Persero) tbk. (2) barriers experienced include lack of openness between customers and banks, poor credit history, submission of unreasonable credit scores, less productive businesses, lack of additional guarantees, and dubious business legality (3) ways to overcome credit failed that is by giving SP1, SP2. Then SP3 until the execution of the guarantee but can also be done in other ways such as still trying to get closer and maintain good relations with customers.

scholarly journals FINTECH INDUSTRY IN UKRAINE: PROBLEMS AND PROSPECTS FOR THE IMPLEMENTATION OF INNOVATIVE SOLUTIONS

2020 ◽  
Vol 6 (4) ◽  
pp. 46-55
Author(s):  
Vira Vartsaba ◽  
Olha Zaslavska
Keyword(s):  
International Development ◽  
Financial Institutions ◽  
Financial Services ◽  
Digital Literacy ◽  
Public Awareness ◽  
Banking System ◽  
Radical Change ◽  
Legal Framework ◽  
Model Assessment ◽  
Credit System

The article considers the issues of development of the financial technology market, its opportunities and obstacles, as well as the need and inevitability of the in-troduction of fintech solutions in the financial and credit spheres. The main purpose of the research is to determine the role of fintech services in the state economy, the prospects for their development, as well as to substantiate the trends of adaptation of classical credit institutions and consumers of financial services to new financial tech-nologies at different stages of their development. Systematization of literature sources and approaches to solving the problem of intensifying activities in the field of innovative finance has shown that fintech is a specific cross-sectoral industry, which lies on the border of financial and IT spheres, consists of companies that use technology to improve the efficiency of financial services and encompasses digital innovations and programs that facilitate the creation and implementation of financial products. The urgency of solving this scientific problem is that the market of finan-cial technologies is one of the fastest growing. That is why it highlights the need for traditional financial institutions to digitize their activities through a radical change in the business model in order to strengthen competitive positions and provide strategic advantages. The research of the implementation of financial technologies in the article is carried out in the following logical sequence: systematization of stages of development of the fintech industry; assessment of the development of the fintech sphere in Ukraine in the context of the transition to the stage of integration with the banking system; study of the strengths and weaknesses of domestic banks and fintech companies, outlining obstacles and necessary changes for further digitization of the financial and credit system; research of the process of implementation of fintech services on the example of the technology life cycle model; assessment of the relationship between the level of financial and digital literacy of the population and the depth of promotion of innovative fintech products; identifying ways to increase the financial and digital inclusion of the population of Ukraine. Methods of the empirical, experimental and theoretical levels became the methodological tools of the conducted research. The results were evaluated and analyzed on the basis of surveys conducted in 2017-2019 by the Ukrainian Association of Fintech and Innovative Companies, the Ministry of Digital Transformation of Ukraine, the Ukrainian division of the British audit and consulting company Ernst & Young, and the US Agency for International Development. The article presents the results of an empirical analysis of the relations and interdependence of classical and innovative financial institutions, which showed the inevitability of the processes of digitization of financial services. The study em-pirically confirms and theoretically proves that the favorable development of the fintech industry is based on the following: the level of public awareness in the field of finance and information technology; the level of innovative development of financial institutions and the degree of penetration of the fintech companies in the financial market of the country; completeness of the legal framework.

scholarly journals ANALYSIS OF NON-BANK FINANCIAL INSTITUTIONS ACTIVITY AS PARTICIPANTS OF MODERN FINANCIAL SERVICES MARKET

2018 ◽  
pp. 88-94 ◽  
Author(s):  
Liudmyla Didenko ◽  
Inna Kobzar ◽  
Iryna Khanaliieva
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Banking System ◽  
Foreign Banks ◽  
Stable Operation ◽  
Credit System ◽  
Pension Insurance ◽  
Wide Range ◽  
State Pension ◽  
Credit Institutions

Banking system, that is, the National Bank of Ukraine, other banks and branches of foreign banks operating in the country, is the basis of the Ukrainian credit system. However, non-bank financial and credit institutions play an important role in the financial services market. Today they provide quite a wide range of services and thus become serious competitors for banks. Therefore, the study of the peculiarities of the activities of non-bank financial and credit institutions and their role in the economic growth of the state is an urgent problem for investigation. The article assesses the activities of the main non-bank financial institutions. The main indicators of the effectiveness of non-banking financial institutions in the context of the main segments of the modern financial services market are analysed. The problems that impede the development of the insurance services market, the non-state pension insurance market and the Lombard loan market are identified. It is concluded that it is an urgent necessary to solve the system problems in the financial services market in order to ensure its effective and stable operation in the future.

scholarly journals Peranan Pengendalian Internal Sebagai Alat Bantu Manajemen Dalam Pengamanan Pemberian Kredit Mikro

2013 ◽  
Vol 1 (3) ◽  
pp. 181-192
Author(s):  
Dewi Puspa Wijaya Kusuma ◽  
David HM Hasibuan
Keyword(s):  
Control System ◽  
Financial Institutions ◽  
Internal Control ◽  
Internal Controls ◽  
Business Unit ◽  
Credit System ◽  
Credit Policy ◽  
Internal Control System

Bank, as financial institutions in banking, is a unique and exciting company to be exploredfurther because the bank as intermediary media have an important role and more or less influencedthe development of a country's interconnected economy, especially in Indonesia. Given the bank'sunderstanding of itself as an institution that functions as a funding channel to the communitiesthat need, it iscertainly not free from two things likely happened to the bank itself, could lead to thepositive impact of increased interest earned from lending or risk of the debtor problematic.Evaluation conducted to determine whether internal controls are adequate conducted by thecompany and assist management in securing credit. Research on the author is in the PT. Bank XCluster Micro Business Unit (Central Branch) located in Bogor. PT. Bank X is a companyengaged in banking. Based on the results obtained from the authors note that the company'sinternal controls are carried out in the PT. Bank X is represented by the Cluster Manager isadequate. Control is inadequate because it was the clarity of separation of duties, creditauthorization, and appropriate documents. Internal control is performed by the Cluster Manager isupdated from time to time. The results of a study conducted by researchers showed that the internalcontrol carried out by PT. Bank X was instrumental in securing the provision of credit and internalcontrol systems are contained in the PT. Bank X has been inadequate. This can be seen from eachof the components that make up the internal controls at PT. Bank X. With the separation ofduties, imposed credit policy and authorization functions loans are already well underway. It isalso seen from the Internal Control Flowchart Questionnaire and that the company has met all fivecomponents of internal control system according to COSO. Credit system and its protection goeswell and there is evidence that in accordance with the loan documents.

SELECTED ISSUES OF THE ASSESSMENT OF THE CREDITWORTHINESS OF ENTERPRISES

2020 ◽  
Vol 21 (1) ◽  
pp. 269-282
Author(s):  
Agnieszka Butor-Keler
Keyword(s):  
Financial Institutions ◽  
Review Paper ◽  
Credit Scoring ◽  
Direct Impact ◽  
Credit System ◽  
Loan Default ◽  
Social Credit ◽  
New Directions ◽  
The Subject ◽  
Ability Testing

Modern models of creditworthiness testing are automated. By creating models, the aim is to objectify the process and reduce the time to issue a credit decision. There is a difference between the creditworthiness testing used by banks that often use credit scoring and companies from the FinTech sector which base their ability testing on complex algorithms that take into account the characteristics of the subject and person. Should be emphasized threats exemplified by the implementation of the program of the Chinese Social Credit System. It is based on a point social assessment that may have a direct impact on creditworthiness and in the future may be extended to the enterprises themselves. This leads to the surveillance of society. The purpose of this review paper is to discuss selected methods of assessing the creditworthiness of enterprises, used by institutions to reduce the risk of loan default. In addition, new directions of creditworthiness testing and examples of their application in Polish and foreign financial institutions will be presented

scholarly journals Perancangan Fasilitas Gudang Dalam Sistem Logistik (Pendekatan Berbasis Laboratorium)

2020 ◽  
Vol 4 (2) ◽  
pp. 94-106
Author(s):  
Nanda Ruswandi ◽  
Iwan Sukarno Sukarno ◽  
Harummi Sekar Amarilies Sekar Amarilies ◽  
Rachmad Inca Liperda ◽  
M. Welano Kharisma ◽  
...  
Keyword(s):  
Material Handling ◽  
Value Added ◽  
Third Party ◽  
Upper Class ◽  
Third Party Logistics ◽  
Transportation Mode ◽  
Operational Costs ◽  
Increasing Demand ◽  
Engine Maintenance ◽  
Motorized Vehicles

All of automotive companies around the world are aggressively producing large number of motorized vehicles, especially cars. A car is a transportation mode that is widely used by the middle and upper class. The large number of cars uses cannot be separated from the needs for maintenance of the vehicle itself. Lubricant is the core of engine maintenance on vehicles. Therefore, the demand for lubricants continues to increase due to the increasing demand for cars. Bandar Lampung, for the example, is increasing in the term of the city’s population that is affecting its number of people who own cars. This phenomenon caused the demand for lubricants to increase significantly, so that many lubricant distributors were overwhelmed by this demand. Seeing this opportunity, the RWM Logistics, which is a new Third Party Logistics (3PL) company with value added service is lubricant packaging, has a plan to build a lubricant storage facility in Bandar Lampung. In designing the facility, the company has to decide the layout design, area requirements, material handling planning, and the operational costs. The development of this facility is expected to help the company to meet the demand of lubricant products that were not covered by other distributors.

Monetary Transformation

2019 ◽  
pp. 573-579
Author(s):  
Hubert Gabrisch
Keyword(s):  
Central Bank ◽  
Financial Markets ◽  
Financial Institutions ◽  
Commercial Banks ◽  
Currency Crises ◽  
Foreign Currency ◽  
Transition Period ◽  
Central Banks ◽  
Transformation Process ◽  
Credit System

Monetary transformation means the conceptual restoration of the functions of money in a former quasi-barter economy, in which the use of legal money and foreign currency was limited and financial markets were widely non-existent. Therefore, the chapter throws special light on the development of a market-based credit system, consisting of commercial banks, a central bank, and other financial institutions. As with any other range of the transformation process, monetary transformation is not free of frictions, crises, and challenges. The chapter discusses the typical challenges at the start of the transformation, such as the problem of non-performing loans, and the frequent banking and currency crises. The new central banks face specific challenges in the stabilization of the domestic and external value of their currencies, and in supervising and guiding monetary/financial intermediation in the transition period.

Shari’ah Audit Disclosure in annual reports: A comparison study between Bahrain and Malaysian Islamic Financial Institutions

2016 ◽  
Vol 4 (2) ◽  
pp. 202-218
Author(s):  
ڕێبوار محمد احمد ◽  
◽  
هێمن محمد عزیز ◽  
بصيرة ماجيد نجم ◽  
◽  
...  
Keyword(s):  
Financial Institutions ◽  
Annual Reports ◽  
Comparison Study ◽  
Islamic Financial Institutions

Permasalahan Manajemen Usaha Mikro Studi Kasus Pada Pabrik Kerupuk UD. Manunggal Karsa Di Kel. Lebak Bulus Kec. Cilandak Kodya Jakarta Selatan

Liquidity ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 81-90 ◽  
Author(s):  
Siti Maryama
Keyword(s):  
Organizational Structure ◽  
Financial Institutions ◽  
Raw Materials ◽  
Excess Demand ◽  
Motor Vehicles ◽  
Family Management ◽  
Drying Process ◽  
Earned Income ◽  
Qualitative Descriptive ◽  
Bad Weather

The purpose of the study are to (1) review the main problems faced by the factory of Kepuruk Manunggal Karsa (MK), and (2) assessing the entrepreneur attempts to be able to solve the problems faced. The research was carried out using qualitative descriptive design. The results showed that (1) the lack of supply of raw materials as a result of lack of capital. Sequel is due, the difficulty of the plant to meet consumer demand (excess demand). (2), the system of capital used is circulating capital (capital turnover). Earned income used up to finance the operation of the plant. (3) Innovation has been done in the form of deal with bad weather (rain) as an effort of crackers drying process is by using the oven. (4) There has been no cooperation with financial institutions. (5) There is no organizational structure as a modern factory for traditionally managed by family management. (6) Marketing using modes of transportation carts and motor vehicles.

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