...the business of providing banking services to individuals, small businesses and large organizations. Today's commercial banks are more diverse than ever. The goal of this essay is to clarify is there any significant changes for the institutional structure of the Russian banking system during last 5 year, make comparison between Commercial banks VTB24 (Russia),Barclays (England) and Goldman Sachs (USA)to understand the progress of developing Russian commercial banks. In 2012 active growth of retail lending in the Russian banking sector continued. Corporate lending was growing at slower rate and the share of corporate credit in the Bank assets decreased. At that, the share of deposits remained at a high level. Notwithstanding the fact that attraction of the population's funds grew at a slower rate - almost twice slower than the growth of the credit portfolio - the population still remains the net creditor of the Banking sector. VTB24 is the country’s second largest retail bank as regards the volume of loans provided to the population as well as regards the volume of deposits made by the population, it exceeds the nearest following banks by more than 3 times. At the end of December 2013, VTB24 owned total assets of RUB 6,789.6 billion (US$ 210.7 billion).Figure 1 provides an overview of the structure of VTB’s assets in 2013. With 63%, loans and advances to customers account for the largest share, followed by securities with 14.3%. Figure 1.Structure of the VTB24 assets in 2013...
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...Abstract The present study aims to outline the characteristics of the cost systems used in banking Institutions. It does so by describing the partial costs and full cost systems in banking institutions. It then looks at the limitations of these approaches to the current competitive conditions and goes on to consider the applicability of the activity based costing system in the allocation of indirect transformation costs to branches, products and customers. Finally, we will look at the findings of a questionnaire to Spanish savings banks in order to evaluate how widespread these systems are and how they are used in savings banks. We found that direct costs systems predominate in customer and products entries whereas full costs systems are much more widespread in the case of branches. Furthermore, we also found that the use of activity based costs systems is very limited. 1. Introduction Historically, management accounting in banking institutions was introduced considerably later in comparison with companies in other sectors. There are a number of reasons for this limited development. This was due, on the one hand, to external causes. For example, it was not until the 80's that competitive conditions in the banking sector fostered the development of accounting management planning and control systems. On the other hand, there were also internal conditions that had to do with the nature of the banking business and the operations that these companies carry out, which differ significantly...
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...23rd November 2015 Mr. Sheridan 8 Canada Square London UK Dear Mr. Sheridan, This is the report you request for analyzing and presenting the performance, activity, office policies, strategy, operation and importance of the group. It contains information about HSBC group, its organizational structure and also commercial awareness details. In the first sections I have included a brief history and an overview of HSBC today. In the following chapters I have talked in details about its structure and police offices. The last section brings information about its revenue, net profit and future plans. It has been pleasure and challenge working on this report. Please feel free to contact me in case of clarification or queries on this report. Kind Regards, HSBC I. History HSBC has a rich history, which starts back in 1865. It was established in Hong Kong and, two months later, in Shanghai by Thomas Sutherland and it started from a basic idea: to support trade between Asia and Europe. By 1900 it was extended in Europe and North America, Japan, Thailand, India, Philippines, Singapore, Sri Lanka, Malaysia and Vietnam. During Second World War, the group had to close branches and to move for a while its head office from Hong Kong to London. After the war, it played a key role in reconstructing the Hong Kong economy. In 1992 it acquired Midland Bank and became the biggest financial services organization in the world. HSBC continued to grow all this time and made lots...
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...Assignment: Discuss the idea that banks will continue to fail even in the presence of supervision clearly articulating what constitutes supervision and regulation for the financial system as well as the rationale for regulating the financial system. __________________________________________________________________________ What constitutes supervision and regulation for the financial system? Banking supervision and regulation provides a forum for regular cooperation on banking supervisory matters; its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision The core principle for effective banking supervision addresses supervisory requirements relating to banking licensing. The licensing authority must have the power to set criteria and reject applications establishment that do not meet the standards set. The licensing process should consist of an assessment of the ownership structure, governance of the bank and that includes: fitness and propriet of board members and senior management, its strategic and operating plan, its internal controls, risk management, projected financial condition and its capital base The purpose of obtaining this information is to review: major shareholders' past banking and non-banking business ventures, their integrity and standing in the business community, their financial strength, their ability to provide further financial support should it be needed, their other interests and the...
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...International Conference on Education Technology and Information System (ICETIS 2014) Research on Chinese Commercial Banks' Capital Structure Optimization Jianwen ZHENG Wuhan University of Technology,China email:174068598@qq.com Keywords: Commercial Banking, Capital Structure, Optimization, Strategy Abstract. Optimize the capital structure is the fact that the premise of improving corporate governance.This paper describes the status of the capital structure of Chinese commercial banks, analyzes the main problems of Chinese commercial banks supplement existing capital structure, optimization strategies proposed capital structure of commercial banks in China, China's policy of commercial banks and other wealthy significant ownership concentration, such as optimization of innovative recommendations. Introduction The capital structure of the model can have a significant impact on the Company's operating performance.This effect can be divided into two cases: one is the direct impact that the capital structure, the financing risk and the cost of capital can directly affect business performance; while another case is the indirect impact, mainly on the company's first impact on the governance structure, and then have an impact on business performance through the governance structure.The pace of development of China's listed banks initially very slow. Under conditions of economic system reform, the bank's capital structure gradual adjustments, operating performance has gradually...
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...Introduction The banking sector has received most intense condemnation and examination over the years due to lack of proper regulations and supervisory structures which led the banking sector into severe financial depression. With the banking conditions now of Sonali Bank Limited & Bangladesh Bank (Central Bank) with all those issues that have been thrown into them due to the deregulation in the banking sector in the country. According to Alam (2012), if there is a proper implementation of banking regulations and supervision structures, definitely, banking efficiency and profitability would follow. The efficient and effective banking regulations serve as a unified power to control the creation, operation and liquidation of the banking sector as well as a proper control in the stability of the economy of the country. Hence, BB as the Central Bank of the country should put into appropriate places all the specialized banking supervisory regulations and policies that can protect the depositors from higher risks of losing their deposited money in the banks. The core objective of the banking sector is to provide total protection to the investors with their money and funds. Both businesses and individuals have the rights to be ensured with certainty and safety about their funds in the banks. A smooth and acceptable public confidence and trust should be sustained and continually developed into more trusted banking system environment that can provide a high level of banking services all...
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...Banks and Bank Systems, Volume 5, Issue 1, 2010 Lalith Seelanatha (Australia) Market structure, efficiency and performance of banking industry in Sri Lanka Abstract During the period of 1977-2005, reforms in the financial-services sector, development in information and communication technologies (ICT) and globalization of the industry have drastically changed the market structure of banking industry in Sri Lanka. Financial reforms commenced in late 1970s were the main driving force of those changes. The reforms aimed to enhance both the productivity and efficiency and the degree of competition of banking market as a way of improving overall operational performance of the financial services sector in Sri Lanka. This paper reviewed how the banks’ efficiency and market structure affect the overall performance of the banking firms measured in terms of profitability and net interest margin using structure conduct performance literature. The study findings suggest that traditional structure conduct performance argument is not held in the banking industry in Sri Lanka and the banks performance does not depend on either market concentration or market power of individual firms but on the level of efficiency of the banking units. Keywords: efficiency, market structure, performance, banking. JEL Classification: G20, G21, N20. Introduction © During the last three decades, banking industry in Sri Lanka has experienced a transition period as a consequence of deregulation of financial...
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...Supervisory Lapses of the Banking System in Bangladesh 1 1 2 Munshi Samaduzzaman, 2Fazluz Zaman Adjunct lecturer, Central Queensland University, Australia Adjunct lecturer, University of New South Wales, Australia Abstract: The implications of the efficient bank supervisory and strong regulatory implementation strategies in Bangladesh Bank will be needed in order to overcome the continued crisis in the banking system. This should be a wakeup call to everyone in the banking industry in the country to further develop and strengthen the strict monitoring of the banking mechanism strategies. At the same time, in order to investigate the numerous misalignments in the supervision of both banking institutions and Central Bank of Bangladesh as well as to integrate the appropriate linkages between proper implementation of the bank regulatory and supervisory structures. The result of this study suggests that there is a strong need for focusing on the dual banking system, as well as a need to increase the efficiency in the technical areas, as well as a tooth for a tooth law in order for the Central Bank of Bangladesh to beat numerous fraud activities in the banking sector. Proper growth and profitability and transparency in the entire banking sector will be achieved through a strict implementation of banking policies and regulations with a strong emphasis on the firm litigation to reduce the unlawful acts of those individuals. I. Introduction The banking sector has received most...
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...of Money, Investment and Banking ISSN 1450-288X Issue 6 (2008) © EuroJournals Publishing, Inc. 2008 http://www.eurojournals.com/finance.htm Costing the Banking Services: A Management Accounting Approach Jordi Carenys Professor at the Management Control Department. EADA Business School EADA, c/o Aragó 204, 08011 Barcelona, Spain E-mail: jcarenys@eada.edu Tel: 934 520 844; Fax: 933 237 317 Web: www.eada.edu Xavier Sales Professor at the Management Control Department. EADA Business School E-mail: xsales@eada.edu Abstract The present study aims to outline the characteristics of the cost systems used in banking institutions. It does so by describing the partial costs and full cost systems in banking institutions. It then looks at the limitations of these approaches to the current competitive conditions and goes on to consider the applicability of the activity based costing system in the allocation of indirect transformation costs to branches, products and customers. Finally, we will look at the findings of a questionnaire to Spanish savings banks in order to evaluate how widespread these systems are and how they are used in savings banks. We found that direct costs systems predominate in customer and products entries whereas full costs systems are much more widespread in the case of branches. Furthermore, we also found that the use of activity based costs systems is very limited. Keywords: Saving banks Cost structure Management accounting Cost systems Activity based costing....
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...www.ResearchPaperWriter.net The Internet and availability of information Introduction Information technology has changed the very face of organizations from their traditional time-consuming internal and external settings to robust applications of Information Systems. In fact, the structure of an organization is represented in any industry through its Information Systems, be it retailing companies, military establishments or b2b solutions. For example, in medium and big retailing companies, there are multi-tier structures, which include industrial production, wholesalers, retailers and consumers as well along with intermediate stores, which require an integrated information system. Information is one of the assets of an organization. Raw data until processed has no value in a business structure to be used in the best interests of the organization. With the advent of information technologies that raw data is gathered, stored, processed and disseminated to become an integral part of the organizations’ processes. An information system links together data inputs, processes, and information outputs in a systematic, structured way. With the use of technology, information processes are used to further the operations and management of an organization (Ward 1995). With the help of internet and usage of technology, information can be accessed and made available with the click of the mouse. By using the electronic means like the Internet, the email and other electronic means of communication...
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...the common features of the banking systems in Australia and Canada. Then I will compare their banking systems in structure and regulation with United States. Finally, the different ways mortgage lending is conducted in these three countries will be emphasized. Common features The common features of the banking systems of Australia and Canada are embodied in the high concentrated banking system along with intensive supervision and sound regulation. It is the common features that contribute to the resilient performance in these two countries’ banks through the global financial crisis. Generally speaking, the whole banking sector in either Canada or Australia is monopolized by a few large-scaled national banks. In Australia, there are mainly four banks, Commonwealth Bank, Westpac Banking Corporation, Australia and New Zealand Banking Group and National Australia Bank, which dominate Australian banking market. They are individually and collectively huge compared with the size of banking system and their total assets are vast compared with GDP. These four banks occupy 75% of the total banking assets and 80% of the residential mortgage market (Jang & Sheridan 2012, p3). Also, due to there are no mergers and acquisitions between top four banks, the major financial institutions tend to have good profitability and rarely pursuit to develop “high-risk high-yield” financial products. As for Canada, there are big five banks that oligopoly banking markets: Royal Bank...
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...Banking Research & Writing Table of content Introduction 3 Structure and functioning of UK banking system: 3 Performance measurement system 5 Trading revenues and Value-at-Risk 7 Evaluation of Regulatory Challenges of UK Universal Banking Model 9 Micro and macro prudential regulation 9 Basel II, III regulation 10 Global Financial Crises in UK 12 Conclusion 13 References 14 Introduction The UK managing an account has experienced considerable change in the course of the most recent 20 years, essentially determined by local deregulation and different strengths that have changed supply and interest qualities of the money related administrations industry. Elaboration of structure and functioning of the UK banking industry, Evaluation of Regulatory Challenges of UK Universal Banking Model and Global Financial Crises in UK is discussed further in this paper. Structure and functioning of UK banking system: The UK banking system is regularly said to be very focused and subsequently deficiently aggressive. The UK banking sector contains one market and not many markets. The UK banking system is indeed a mix of numerous separate product markets with rivalry originating from distinctive regions and diverse contenders. The High Street banks are all sizeable members in each of the business sector fragments and giving administrations to the overall population, the leading bank in each one fragment has a tendency to appear as something else. Business banking...
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...Banking e-Teller (BET) 1 Banking e-Teller (BET) Frank Melton Colorado Technical University Professor; Atencio IT106-1302A-07 Introduction to Programming Logic Phase Four Individual Project May 6, 2013 Banking e-Teller (BET) 2 ------------------------------------------------- Table of Contents Contents Introduction 3 PROBLEM SOLVING TECHNIQUES 4 Table 1; DATA DICTIONARY 5 DATA DICTIONARY (CONTINUE) 6 Equation 7 Expression 8 SEQUENTIAL LOGIC STRUCTURES 9 Function 1: Allow customers to check current balances 10 The Problem Analysis Chart (PAC) 10 Table 2: PAC Chart 10 Function 2: Allow Customer to Make a Remote Deposit 11 Structure Chart 11 Figure1: Structure Chart 11 Function 3: Permits Customers to Transfer Funds between Savings & Checking 12 Coupling Diagram 12 Figure 2: Coupling Diagram for Transfer 12 PROVBLEM SOLVING WITH DECISIONS 13 PSEUDO CODE 14 FLOW CHART 14 Function 1: Allows Customer to Check Current Balance 15 Figure 3: for Pseudo code=View Balances 16 Function 2: Allows Customer to Make a Remote Deposit 17 Banking e-Teller (BET) 18 18 Figure 4: Pseudo code=Remote Deposit 19 Function 3: Allows Customer to Transfer Funds between Savings...
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...Term paper On A comparison of financial performance in the Banking sector- some evidence from bank Nifty. Under the guidance of Mr. K. S. Venkateswara Kumar Asst. professor Ch. H. S. Pavan Kumar 10102463 MBA – IV th sem K L University Vaddeswaram Abstract: The research paper analyzes the performance of the selected banks on the basis of the productivity and the profitability that are reflected in the stock prices. There are several dimensions through which an analysis can be done for a stable investment. The fundamental analysis and the technical analysis are the tools used in investment decisions. The fundamental analysis discusses about the industry analysis that gives the financial health of the companies, and the company analysis that gives the information regarding the investors’ preferences decided by the management. The decision making process plays a crucial role in performance of the banks. The price movements and historical trends are considered for technical analysis. By considering both the Fundamental and Technical analyses, a best portfolio can be created. This research paper also takes into account various determinants that influence the performance of a company. Keywords: ROA, PSB, SCP, e-banking. Introduction: The banking sector globally undergone rapid transformation in the recent decades driven by forces of Globalisation and the advent of technology. The Indian banking system is no exception, has undergone significant structural transformation...
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...INDIAN BANKING SECTOR ACKNOWLEDGEMENT Any accomplishment requires the effort of many people and this work is not different. We would like to express our gratitude to the faculty for his invaluable insights, without which this project would not have been completed. We would also like to thank everyone including our friends who directly or indirectly helped us in the completion of this project. DECLARATION We hereby declare that the project titled “Indian Banking Sector” is an original and independent work and is the end result of our own efforts and that the acknowledgement has been given in the bibliography and references to the sources are they printed, electronic or personal. TABLE OF CONTENTS 1. ACKNOWLEDGEMENT………………………………………………..….1 2. DECLARATION……………………………………………………………..2 3. INTRODUCTION……………………………………………………………4 4. CURRENT TRNEDS.……….………………………………………………5 5. INDUSTRY STRUCTURE………………………………………………….7 6. MARKET STRUCTURE…………………………………………………….9 7. NATURE OF COMPETITIVENESS……………………………………….10 8. FUTURE PROSPECTS…………………………………………………….11 9. CONCLUSION……………………………………………………………….12 10. BIBLIOGRAPHY/WEBLIOGRAPHY……………………………………….13 INTRODUCTION: The executives of India's banking community nodded their heads proudly when Prime Minister Manmohan Singh said in a speech: "If there is one aspect in which we can confidentially assert that India is ahead of China, it is in the robustness and soundness of our banking system...
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