scholarly journals The Business Culture In The Activity Of The Commercial Bank In Vietnam Recently

2021 ◽  
Vol 23 (09) ◽  
pp. 529-533
Author(s):  
Vu Tien Duc ◽  
Keyword(s):  
Fundamental Solution ◽  
Commercial Bank ◽  
Commercial Banks ◽  
Industrial Revolution ◽  
Business Development ◽  
Cultural Factor ◽  
Theoretical Research ◽  
Business Culture ◽  
Fourth Industrial Revolution ◽  
Bank System

Before the fourth Industrial Revolution, business activities of banks in general and commercial banks in specific were changing and adapting with the era. The recently suitable development of commercial banks in Vietnam always aims at people, to the culture as a motivation, to basic, to the inner strength of human and social development. Thus, the secret in the suitable development of the commercial bank recently in Vietnam is directly related to the cultural factor, there is the business culture. The aspect of the business culture is a mode of suitable business activities. Otherwise, these are the resources for the business development of the commercial bank in Vietnam. With the group of theoretical research, the group of reality research, based on approaching culture, the article is analyzing clearly the basics of the business culture in Vietnam recently. From there, the article points to the fundamental solution to developing the business culture in the commercial bank system in Vietnam.

The Fourth Industrial Revolution and private commercial banks: the good, bad and ugly

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Asif Rahman ◽  
Md. Joynal Abedin
Keyword(s):  
Commercial Banks ◽  
Industrial Revolution ◽  
Banking Sector ◽  
Stock Exchange ◽  
Vital Role ◽  
Commercial Banking ◽  
Digital Products ◽  
Content Type ◽  
Traditional System ◽  
Fourth Industrial Revolution

Purpose This study aims to assess how new and emerging technologies can contribute to achieving the financial goals of the private commercial banking sector in Bangladesh. It considers the perception among the top management about the Fourth Industrial Revolution (4IR) and further measures the readiness of private commercial banks (PCBs) to become resilient. Design/methodology/approach This study attempts to measure the perception and readiness of the commercial banking sector because of the 4IR based on the stratified sampling method. The research is qualitative and selected PCBs listed in the Dhaka Stock Exchange. 4IR in the context of the banking sector in Bangladesh is a problem that has not been studied more clearly, intended to establish priorities, develop operational definitions and improve the final research design. Findings This research has identified a significant gap of study in the preparedness among the private commercial banking sector in Bangladesh to confront the 4IR while indicating the most significant risks and managerial insights. The findings show technologies will dramatically change the nature of work. Traditional system of banking from the branch will be shifting into banking from everywhere. Hence, digital products and services will foster value-driven business. The result of the study also states the readiness of the banking sector is in the preliminary stage and endorses some of the coping approaches. Research limitations/implications Different schools of thought regarding the role of the 4IR and its future consequences have been observed. The corporate sector in Bangladesh has an inclusive lack of understanding regarding the 4IR. Practical implications The insights may provide directions to banking financial institutions of Bangladesh to thrive during the 4IR. This study is intended to assist policymakers, decision-makers and employees of PCBs to increase awareness and preparedness for future challenges that may appear from the 4IR where the 41 competitive PCBs play vital role in turning the fast emerging Bangladesh economy. Originality/value The contribution of this paper associates with academics and bankers to increase understanding of coping in the context of the escalating use of emerging technology-driven banking services within the PCBs in Bangladesh by determining perception and testing different forms of readiness including a variety of important outcomes such as risks.

scholarly journals FEATURES OF FINANCIAL RESTRUCTURING OF COMMERCIAL BANKS IN UKRAINE

2018 ◽  
Vol 64 ◽  
Author(s):  
O.M. Gaydarzhiyskaya ◽  
T.G. Shchepina ◽  
V.P. Otroshko
Keyword(s):  
Performance Indicators ◽  
Commercial Banks ◽  
Business Development ◽  
Transformation Mechanism ◽  
Crisis Period ◽  
Financial Restructuring ◽  
And Performance ◽  
Bank System ◽  
Modern Condition

The necessity of financial restructure, as an effective transformation mechanism of credit – financially institution in terms of unstable economic was substantiated in the article. Its role and place were explored in the modern terms in Ukraine’s Bank Business development. The modern condition of Ukraine’s bank system and performance indicators during 2008-2018 have been analyzed. Forms of restructuring have been given, that are to be used in post-crisis period.

scholarly journals The Effectiveness of Strategic Management of Banking: Statistical Assessment

2020 ◽  
Vol 88 (1) ◽  
pp. 51-58
Author(s):  
Ya. V. Kolesnik
Keyword(s):  
Strategic Management ◽  
Interest Rates ◽  
Commercial Bank ◽  
Financial Services ◽  
Commercial Banks ◽  
Performance Enhancement ◽  
Bank Performance ◽  
Practical Implementation ◽  
Resource Base ◽  
Bank System

The analysis in focused on the factors and tendencies at the bank services market, determining the importance and necessity of investigating the issues related with performance enhancement of commercial banks. It reveals that an underlying condition for building a well-established and effective domestic bank system is orientation on satisfying the needs of the real economy and the population in bank products and services of high quality. A study of issues related with practical implementation of the mechanism for performance enhancement of commercial banks in Ukraine becomes necessary in view of the integration of the Ukrainian financial system in the global community in the conditions of the saturated market of financial services, the increasing level of consumer demands and requirements to bank products, the strengthening competition in the bank sector, and the coming of big Western banks with high standards of services to the domestic market. All the factors with impact on the commercial bank performance should be taken into account in elaborating tools, processes and actions embedded in the mechanism for performance enhancement of banking. The main phases of strategic management are highlighted. A comparative analysis of the main strategies of the commercial banks operating on the financial market of Ukraine is made. The dynamics of indicators measuring the structure of the banks’ resource base is analyzed. The phases of strategic management of the commercial bank operation and ways of improving the performance enhancement mechanism based on client orientation are discussed. The core tendencies and dynamics of interest rates on loans are analyzed. It is emphasized that the domestic bank market is characterized by low quality and concentration of assets. The inevitable process of market consolidation will widen the opportunities for larger market agents, on the one hand, and increase the competition, on the other hand, which will have favorable effects for quality parameters of the bank system as a whole. Results of the analysis of the current performance of the bank sector in Ukraine enabled the author to highlight main tendencies with impact on the commercial bank performance. The financial results of the bank’s operation and its capabilities to increase investment in the domestic economy and widen the range of services to clients are largely conditional on ways, terms and costs of raised funds, and on the size of bank’s own assets and the structure of bank’s resources. 

scholarly journals State - owned commercial banks and the implementation of Scheme for Restructuring the System of Credit Institutions in the Period of 2011 - 2015

2017 ◽  
Vol 1 (Q1) ◽  
pp. 27-41
Author(s):  
Hien Thi Diem Nguyen ◽  
Hang Thi Hai Nguyen
Keyword(s):  
Commercial Bank ◽  
Commercial Banks ◽  
Prime Minister ◽  
High Rate ◽  
Resource Quality ◽  
Banking Services ◽  
Doi Moi ◽  
The Government ◽  
Bank System ◽  
Credit Institutions

Since the reforms under Doi Moi policy, Vietnam’s commercial bank system had experienced significant changes and obtained stimulating results, such as: ownership diversification, growth in asset and equity, increased number of banks and banking services etc. However, after the 2008 global crisis, the Vietnam’s commercial bank system has revealed its shortcomings (e.g. high rate of NPLs, low liquidity, low human resource quality). In response to the bad performance of some commercial banks that can result in the breakdown of the whole system, the Government has applied decisive actions to restructure the credit institutions in general and commercial banks in particular. This paper aims to review the performance of stateowned commercial banks from 2011 to 2015 to reassess results of the implementation of Scheme for restructuring the system of credit institutions in the period of 2011 – 2015 by the Prime Minister.

scholarly journals Required competencies for successful digital transformation

Ekonomika ◽  
2020 ◽  
Vol 66 (3) ◽  
pp. 47-54
Author(s):  
Vanja Erceg ◽  
Tihomir Zoranović
Keyword(s):  
Intellectual Capital ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Global Market ◽  
Digital Transformation ◽  
Business Culture ◽  
Fourth Industrial Revolution ◽  
Digital Strategy ◽  
The Internet Of Things

In the middle of the Fourth Industrial Revolution there is a digital transformation that will completely change our understanding of business. The development of Industry 4.0 with technologies such as Cloud computing, the Internet of Things, and artificial intelligence will significantly impact on current business models. In order to successfully implement the digital transformation and survive in the global market, companies must own adequate intellectual capital. Apart from technical skills, employees will need to adapt to the new digital strategy, organizational structure, and business culture. In response to this trend, there is a need to establish new professions in companies. The aim of this paper is to try to find the answers to the next questions: which professions are needed to be introduced to companies that are digitally transformed and what is their role, as well as what competencies are necessary for company executives to successfully slow down digital transformation.

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