scholarly journals The competitiveness of Ukraine’s banks in the world banking market

2018 ◽  
pp. 81-98
Author(s):  
Yevheniia Voinova
Keyword(s):  
Banking Sector ◽  
Foreign Capital ◽  
Internet Banking ◽  
Global Market ◽  
Banking Services ◽  
Banking Market ◽  
The World ◽  
Start Ups ◽  
Regional Banks

The article examines the market of banking services in Ukraine through comparing indicators of competitiveness of Ukrainian banks and banks with foreign capital in the domestic market and global market. Taking into account the network-type structure of banks, six groups of banks are determined according to the degree of branching, namely: systemically important banks, all-Ukrainian equilibrium banks, all-Ukrainian concentrated banks, regional banks, local individual banks, closed banks. A particular emphasis is placed on a range of banking services and pricing policies of banks groups. The classification of factors developed by M. Yokoi-Arai and N. Yoshino is used in order to assess the competitiveness of Ukraine’s banks in terms of effectiveness and volume of services provided, information technology and resource management. About fifty indicators of banking activites performed by groups of banks with domestic and foreign capital are compared, and also best-performing banks in these groups are described based on the analysis of 82 operating banks in Ukraine. The article presents evidence that, under current conditions in Ukraine, banks with domestic and foreign capital are represented in all categories of banking services. It is pointed out that the highest competitiveness of Ukraine’s banks is observed in developing the network of ATM terminals, promoting Internet banking and, thus, a wide coverage of banking services. It is noted that Ukraine’s banks are less competitive in providing services for big businesses, international companies, funding projects, innovations and start-ups. The findings of the research paper can be useful for educational purposes as well as for professionals in the banking sector.

scholarly journals Internet Banking Development Trends as a New Form of Organizing Interaction of Banks with Clients

2021 ◽  
pp. 68-72
Author(s):  
M. A. Annanurov
Keyword(s):  
Internet Banking ◽  
Legal Framework ◽  
Banking Services ◽  
Advantages And Disadvantages ◽  
Banking Market ◽  
The World ◽  
New Form ◽  
Use Of Internet ◽  
Banking Development ◽  
Goals And Objectives

The article examines Internet banking, its main goals and objectives. The development of Internet banking abroad in the world andTurkmenistanis being considered. The services provided by Internet banking, its advantages and disadvantages are considered. The economic efficiency of the use of Internet banking in the commercial bank of Turkmenistan (AKB) «Rysgal» is determined. An important task of internet banking is to gain the trust of users. It is necessary to create a clearer legal framework for banks operating in the Internet banking market, this will increase the confidence of users in this type of banking services.

scholarly journals Key Trends and Regulations of the Development of Digital business Models of banking services in Industry 4.0

2021 ◽  
Vol 25 (5) ◽  
pp. 59-78
Author(s):  
M. N. Dudin ◽  
S. V. Shkodinskii ◽  
D. I. Usmanov
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Banking Sector ◽  
Retail Banking ◽  
Banking Services ◽  
Digital Business Models ◽  
Banking Market ◽  
The World ◽  
Stable Growth ◽  
The Impact

The subject of the research is trends in the implementation of digital technologies in the banking sector. The relevance of the paper is due to the objective processes of global digital intervention of technologies in all spheres of human life and society. The research aims to identify, systematize and generalize key trends and regulations in the development of digital business models of banking services in Industry 4.0. For the first time, the authors identified and systematized modern trends and regulations in the development of digital business models of banking services in Industry 4.0, offered their own conceptual vision of the concept of “digital business model of banking services”. The authors apply general scientific, philosophical, analytical, statistical, problem chronological and historical-genetic methods, as well as methods of expert assessments. The article summarizes the main stages of the evolution of business models of the banking sector, reveals substantive and methodological differences between traditional remote banking services and digital banking, highlights the main business models for organizing digital banking; provides up-to-date data on the level of development of digital banking in the main geographic zones of the world; shows the dynamics and key areas of investment in the fintech industry in 2014–2019 and provides a critical analysis of their conditions; identifies problematic aspects of the development of digital business models of banking; describes the functionality of the main digital business models of Russian banks with the author’s assessment of their capabilities and examples of their use in Russian practice. The authors conclude that the main drivers of digitalization of the banking sector are stable growth of non-cash payments in the world and in Russia; stable growth of the global digital banking market; the impact of the COVID-19 pandemic on the active demand of consumers of remote financial services; increased competition in the retail banking market; and a significant decrease in margins for traditional banking products. Identification and systematization of trends and regulations in the implementation of digital business models of banking services can form the basis for further analysis of the specifics of digitalization and personalization of digital banking in Industry 4.0 for the sustainable socio-economic development of the country in terms of possible advantages and threats to the security of financial resources and personal data of customers.

Optimum Structure of the Banking Market: How Many Banks Are Necessary for Russia?

2006 ◽  
pp. 75-92 ◽  
Author(s):  
S. Moiseev
Keyword(s):  
Banking Sector ◽  
Optimum Structure ◽  
Population Number ◽  
The Third ◽  
Banking Market ◽  
The World ◽  
The Usa ◽  
Per Capita ◽  
The Empirical Analysis ◽  
Equilibrium Number

The number of classical banks in the world has reduced. In the majority of countries the number of banks does not exceed 200. The uniqueness of the Russian banking sector is that in this respect it takes the third place in the world after the USA and Germany. The paper reviews the conclusions of the economic theory about the optimum structure of the banking market. The empirical analysis shows that the number of banks in a country is influenced by the size of its territory, population number and GDP per capita. Our econometric estimate is that the equilibrium number of banks in Russia should be in a range of 180-220 units.

Challenges and Issues in E-Banking Services and Operations in Developing Countries

2016 ◽  
pp. 237-281
Author(s):  
Preeti Rana ◽  
Durgesh Pandey
Keyword(s):  
Developing Countries ◽  
Banking Sector ◽  
New Technologies ◽  
New Technology ◽  
Banking Services ◽  
Banking And Finance ◽  
Banking Service ◽  
Wide Range ◽  
The World ◽  
Recent Developments

In recent years we have seen a number of changes in banking sector of India. Main objective of banks is to create more value for customers; that is why most of the banks have begun to take an innovative approach for this purpose. In the world of banking and finance, nothing stands still. Now a day's banking activities is not limited to deposit and lending money to customers Apart from traditional business, banks provide a wide range of services to satisfy the needs of all types of customers whether it is financial or non-financial needs from the smallest account holder to the largest company and in some cases of non-customers. As a result of recent developments, the entire banking industry has restructured and new technologies are also introduced to make it competitive. Revolution of Information Technology has made it possible to provide ease and flexibility in operations to customers thus making life simpler and easier so bank can provide a variety of products and services to the customers. The E-Banking process has changed the way of working of banks across the world. In the chapter, the author reviews the literature on “The issues and challenges of e-banking service operation” what is the perception of people towards E-Banking in different developing countries?” As E-Banking is an emerging concept in the field of commerce and banking. This paper furnishes the study of E-banking in developing countries through an analysis of content & existing literature that focused on developing countries. The main purpose of the study is to present the current level of research on E-banking in developing countries. Electronic banking (e-banking) is the new technology in banking environment that allows the bank customers to do banking activities at any time and from any place.

Analysis of the development of financial and banking services in Poland in comparison to the European Union countries

2017 ◽  
Vol 62 (10) ◽  
pp. 38-51
Author(s):  
Dorota Pekasiewicz ◽  
Agata Szczukocka
Keyword(s):  
Social Life ◽  
Banking Sector ◽  
Dominant Role ◽  
Value Added ◽  
The European Union ◽  
Banking Services ◽  
Services Sector ◽  
Eu Countries ◽  
Banking Market ◽  
Level Of Economic Development

In recent years the services sector has been playing a dominant role in economic and social life, as reflected by its predominant share in the creation of gross value added, and a growing share of employment. The aim of the article is to draw attention to the development of financial and banking services in Poland as compared to other EU countries. To assess the similarity between the countries multidimensional scaling method was used. The research was based on data for 2014 derived from the European Central Bank. Most of the indicators compared showed a significant — but decreasing — distance between Poland and other EU countries. The results obtained allow us to conclude that the development of the banking sector both in Poland and in other EU countries depends on the level of economic development and the situation on the banking market.

scholarly journals BANKING INNOVATIONS: PERSPECTIVES AND THREATS OF ELECTRONIC BANKING SERVICES

2018 ◽  
pp. 121-136 ◽  
Author(s):  
Yaroslav CHAIKOVSKYI ◽  
Yaroslava KOVALCHUK
Keyword(s):  
Customer Service ◽  
Structural Changes ◽  
Innovation Policy ◽  
Banking System ◽  
Internet Banking ◽  
Electronic Banking ◽  
Banking Services ◽  
Current State ◽  
The World ◽  
Incident Cases

Introduction. Nowadays, innovation is not the only economic phenomena, which affects the growth of productivity of factors of production, growth of volumes of production, structural changes, economic growth and national competitiveness, etc. Now innovations have become identified with development and improvement in all areas of the economy, including banking business. The purpose of the article is to disclose the concept of “banking innovations” and then to study the current state of electronic banking innovations in Ukraine, to identify the main threats, which influence the development of innovations in the domestic banking system, and determine the prospects for the development of banking innovations. Results. The article defines the notion of “banking innovations”. The current state of electronic banking innovations and the influence of the Internet development on the banking services are considered. The essence of Internet banking is also revealed and its distribution in Ukraine and in Europe is analyzed. In addition, the article presents the main threats affecting the development of innovations in the banking system of Ukraine, and specifies incident cases and their consequences in Ukraine and in the world. The prospects for the development of banking innovations are considered, the most promising banking innovations that could be launched in Ukraine were proposed. Conclusions. In general banking innovations in Ukraine are not independent development of truly innovative and unique products, services or technologies at the world level. It`s noticeable that there is development in the field of electronic banking services. The undisputed leader in the implementation of innovation at all levels of its own activities is the PJSC PrivatBank. There are highlight key areas for improving innovation in the banking system of Ukraine, such as: the formation of innovation policy, the development of distance servicing, and improvement customer service. In addition, with the development of technologies, new threats to innovation in the banking system are emerging. So there should be given a lot of attention in order to be in demand and banking institutions need to keep pace with global innovation and trends.

scholarly journals Uttarakhand Gramin Banks’ Services on Rural Economic Development in Uttarakhand with Reference to Dehradun

2021 ◽  
Vol 1 (2) ◽  
pp. 57-62
Author(s):  
Amit Kumar Uniyal ◽  
Ravi Prasad
Keyword(s):  
Rural Economy ◽  
Banking Sector ◽  
18Th Century ◽  
Internet Banking ◽  
Primary Data ◽  
Banking Services ◽  
Rural Economic Development ◽  
Technological Developments ◽  
The Subject ◽  
Made In

From its origins in the 18th century, the Indian banking sector has come a long way. The financial revolution resulted in the introduction of ATMs, debit and credit cards, NEFT, RTGS, and internet banking, among other things. However, technological developments around the world have put pressure on the banking sector to use better technology. This paper focuses on Uttarakhand Gramin Banks’ innovative banking services and its efforts made in uplifting the rural economy in Dehradun region of Uttarakhand. The study aims to investigate the effect of emerging technology on rural customer’s satisfaction level and the growth of the rural economy in the Dehradun area. Primary data was collected from the banks' customers and analyzed, yielding substantial results on the subject. The result shows that customers are not satisfied to an extent with the services of this bank and its efforts in enhancing the rural economy .The rural banks needs to enhance its services in terms of quality and provide effective banking services for rural development.

scholarly journals Traditional and Modern Uses of Saffron (Crocus Sativus)

Cosmetics ◽  
2019 ◽  
Vol 6 (4) ◽  
pp. 63 ◽  
Author(s):  
Mzabri ◽  
Addi ◽  
Berrichi
Keyword(s):  
Medicinal Plants ◽  
Folk Medicine ◽  
Global Market ◽  
Crocus Sativus ◽  
Pharmacological Activities ◽  
Aromatic And Medicinal Plants ◽  
The World ◽  
Main Components

The Aromatic and Medicinal Plants sector has undergone a remarkable evolution, especially during the last decade. The global market is moving more and more towards products of natural origin. Indeed, of the 4200-existing plant in Morocco, 800 are listed as aromatic and medicinal plants. Among these plants, saffron is a source of income for many areas of Morocco. Saffron, the dried stigma of the Crocus sativus flower, is considered among the main terroir products of Morocco. Saffron has accompanied all civilizations, whether for its culinary role, for its quality of dye or its ancestral virtues rooted in folk medicine. This review highlights the main components of saffron, and the pharmacological activities that result from it and make this product a serious therapeutic hope. Then, a classification of uses of saffron was carried out according to its uses, traditional, pharmaceutical, cosmetic and perfumery without forgetting its use a spice incorporated in many dishes around the world.

The Role of Internet Banking in the Presentation and Marketing of Financial Services and Products in a Digital Environment

2020 ◽  
pp. 162-183
Author(s):  
Berrin Arzu Eren
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Banking Sector ◽  
Internet Banking ◽  
The Internet ◽  
Advantages And Disadvantages ◽  
The World ◽  
Technological Developments ◽  
Use Of Internet

This study aims to reveal the advantages and disadvantages offered by internet banking to financial institutions and their customers as well as the reasons why customers use/do not use internet banking. For this purpose, customers' perspectives on internet banking are presented to the reader in the past and present by statistics. This research points out that many customers of the bank around the world still do not use the internet. Hence, internet banking is not an option. Therefore, in this study, suggestions are made to enable the use of internet banking by the wider masses. In addition to internet banking, technological developments and digital innovations in the banking sector are mentioned in the chapter, and the evolution of internet banking is pointed out.

Model of marketing management of competition taking into account the industry specifics of the banking services market

2021 ◽  
pp. 146-154
Author(s):  
Nadezhda K. Savelyeva
Keyword(s):  
Banking Sector ◽  
Marketing Management ◽  
Interstate Relations ◽  
Banking Services ◽  
Cross Border ◽  
Proposed Model ◽  
Banking Market ◽  
The Cross ◽  
Scientific Value ◽  
Cross Border Cooperation

In the banking sector, competition management is based on the principles of marketing and management using marketing methodology. With the development of cross-border cooperation of the banking services market, the study of competition in cross-border markets of this type is key and promising. In the case of competent cross-border interaction, banks maintain their competitiveness, and cooperation between bordering states increases the intensity of interstate relations in the banking services market. The purpose of this article is to form a model of marketing management of competition in cross-border conditions, taking into account the industry specifics of the banking services market. The main approach to competition management is the marketing approach, which implies a macroeconomic isolation from the global economic system, accelerates the pace of expansion of transnational capital and allows you to form a successful experience in the development of competition and prevention of monopolistic activities. In the course of the study, the author concluded that the hypothesis of the study is fully proven. The main stages of assessing the risk of violations of competition conditions in the cross-border banking market are highlighted. The proposed model of marketing management of competition in cross-border conditions, taking into account the industry specifics of the banking services market, contributes to the development of the foundations of the modern marketing concept. The methodology developed by the author for assessing the risk of violations of competition conditions in the cross-border market of banking services in the management of competition is of scientific value and novelty.

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