Transactions of VTB Bank with debt and equity securities

Subject. This article covers VTB's operations with securities and their effect on bank's financial sustainability and growth in assets. The main focus of the study was put on secondary public offering in 2013 and the issue of perpetual bonds in 2012 by VTB. Objectives. We assess the dynamics of VTB's balance sheet items as a result of secondary public offering. We analyze consequences of perpetual bonds issued in terms of their lucrativeness for the issuer and investors. The study identifies factors affecting the market value and liquidity of VTB's perpetual bonds on the MOEX. Methods. The research methods are based on the factor analysis of VTB’s balance sheet items. Statistical, graphical and economic analyses are also used in the study. Results. Secondary public offering caused a significant growth of the bank's assets. The issue of perpetual bonds allows increasing tier 1 capital of VTB. Conclusions and Relevance. Based on the results, recommendations were presented for VTB bank concerning the equity and debt securities. We determined negative consequences that might happen after another issue of bonds, which can influence an amount of the State's share in VTB. We especially consider the future issue of VTB's bonds in terms of coupon payments, which may help reduce expenditures on the servicing of debt bonds issued.

Time Series Analysis and Modeling of Monthly Rainfall in Saudi Arabia

Managing of water resources is an important future issue. Modeling is fundamental in preparation and organization of water resource system. Forecasting of occasions request identify proper models to be used in this process. Water is the main living source on earth. The most common and fundamental source of water on earth supporting the survival of the majority of life forms is Rainfall. Time arrangement investigation which incorporates modeling and estimating constitutes a instrument of foremost significance with reference to a wide extend of logical purposes in meteorology (e.g. precipitation, stickiness, temperature, sun powered radiation, surges and drafts). The show work applies the Box-Jenkins approach, utilizing SARIMA (Regular Autoregressive Coordinates Moving Normal) demonstrate is utilized to perform brief term estimates of month to month time arrangement such as precipitation. Modeling the past watched precipitation time arrangement values which result in utilized to anticipate long run amounts in agreement to the past. The demonstrate is tried by confirming the past precipitation information. In turn, the research produces a solid future figure. This show is assessed by implies of the AIC-, BIC-, and SBC- demonstrate.

Financial Performance of ICICI Bank

The task titled "An investigation on money related execution" directed in ICICI bank is to break down the budgetary position of the bank. The target of this undertaking is to discover the proficiency of the bank utilizing monetary proportions like benefit proportions, turnover proportion and dissolvability proportion of the bank, to discover the liquidity position of the banks, to ponder the presentation of banks through similar examination and to give appropriate recommend improving the money related execution of the banks. [1],[ 3],[5] The undertaking is related to the bank's information accessible for as long as five years. The ends are drawn from the investigation finished with the proportions, relative, basic size examination. The examination explains the money related position of the manages an account regarding the previous five years. It encourages the banks to put itself among different other aggressive organizations. [2 ],[ 4],[6] The examination through the investigation uncovers the upsides and downsides of the bank's money related status. It empowers the peruser to comprehend the different budgetary parts of a banks through uncomplicated elucidation and discoveries for study reason. [7],[ 9] ,[11] Money related execution can improve the budgetary quality of banks. The bank's liquidity position needs to increment and it will take care of future issue. The bank is keeping up the stores and surplus better so it can confront money related worry later on. To appropriate keep up of budgetary execution to accomplish the bank objective. [8],[ 10] ,[12]

Erratum: Marion Werner. Global Displacements: The Making of Uneven Development in the Caribbean

Volume 25(1) of the Journal of World-Systems Research initially included a review by Jeb Sprague of Marion Werner’s Global Displacements: The Making of Uneven Development in the Caribbean, DOI 10.5195/JWSR.2019.920. Because the book review editor decided it would be better suited for inclusion in a proposed review symposium, she removed the review from the website, with the idea that it would run in a future issue. This was done in error, since by the time the decision was made to reschedule the review, it had already been published in the first issue of volume 25. Accordingly, a slightly revised version of the review has been restored to its original publication site. The book review editor regrets the mistake and apologizes for the confusion.

The Issue of Car Body Manufacture in Unibody Aluminum Alloy Design

Weight reduction is the present and future issue in the automotive industry. The use of aluminum for bodywork is a growing solution due to the specific properties and the recyclability it offers. The unibody design concept with high productivity is developed for steel sheet metal car bodies. They can also be made with aluminum sheets with different product shapes (sheets, extrusions, castings etc.). The aluminum offers a wide variety of design options. The most important difference between aluminum and steel models is the predominant joining technique. In order to obtain optimal solutions from a technical and economical point of view, it is necessary to apply aluminum design concepts and correspondingly adapted manufacturing technologies.