Bashir, AM (2003). Determinants of profitability in Islamic banks
... norms and standards of Sharia law (norms and principles retrieved from Koran). The first Islamic bank, Mit Ghamr Savings Bank, was established in 1963 in Egypt (Chachi, 2005) and since 1970 its principles have been implemented in other countries (Skinner, 2007). Currently, there are more than 300 Is ...
... norms and standards of Sharia law (norms and principles retrieved from Koran). The first Islamic bank, Mit Ghamr Savings Bank, was established in 1963 in Egypt (Chachi, 2005) and since 1970 its principles have been implemented in other countries (Skinner, 2007). Currently, there are more than 300 Is ...
How Do Financial Systems Affect Economic Cycles?
... capital flows? • Does the responsiveness of household consumption and residential investment to changes in income and wealth differ across countries depending on the financial system? • Does the character of the financial system influence how firms respond to short-term changes in demand and longer- ...
... capital flows? • Does the responsiveness of household consumption and residential investment to changes in income and wealth differ across countries depending on the financial system? • Does the character of the financial system influence how firms respond to short-term changes in demand and longer- ...
Banks credit assessment to small businesses
... Small- and medium sized businesses (SMEs) are considered as an important source for the society and the economic growth. In the way that it is a valuable source of creating new job opportunities and introducing innovative products to the market among other factors (OECD, 2006). Small businesses repr ...
... Small- and medium sized businesses (SMEs) are considered as an important source for the society and the economic growth. In the way that it is a valuable source of creating new job opportunities and introducing innovative products to the market among other factors (OECD, 2006). Small businesses repr ...
Sovereign Money in Critical Context PDF
... bubbles and crises, and to generate a decent amount of seigniorage for public budgets. Under technical and operational aspects, however, 100% reserve and plain money is about two different systems, with 100% reserve for the most part not really achieving what it promises to achieve.7 Another typical ...
... bubbles and crises, and to generate a decent amount of seigniorage for public budgets. Under technical and operational aspects, however, 100% reserve and plain money is about two different systems, with 100% reserve for the most part not really achieving what it promises to achieve.7 Another typical ...
Rethinking Glass-Steagall
... Allowing bank holding companies to expand their securities activities would strengthen these companies by enabling them to divcrsify revenue sources through profitable activities that carry relatively low risk. In fact, the risk involved in underwriting and dealing in corporate securities-tho securi ...
... Allowing bank holding companies to expand their securities activities would strengthen these companies by enabling them to divcrsify revenue sources through profitable activities that carry relatively low risk. In fact, the risk involved in underwriting and dealing in corporate securities-tho securi ...
Report of the Comptroller, Year ended April 30, 2016
... The audited financial statements of the University of New Brunswick for the year ended April 30, 2016 have been prepared in accordance with Accounting Standards for NonProfit organizations (ASNPO) issued by the Chartered Professional Accountants of Canada (CPA). Canadian Universities generally apply ...
... The audited financial statements of the University of New Brunswick for the year ended April 30, 2016 have been prepared in accordance with Accounting Standards for NonProfit organizations (ASNPO) issued by the Chartered Professional Accountants of Canada (CPA). Canadian Universities generally apply ...
Banking in South-Eastern Europe On the move
... the pace of loan growth, with an eye on consumer price and ...
... the pace of loan growth, with an eye on consumer price and ...
Financial Presentation
... principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of existing prudential regulations. These forward-looking statements have also been developed from scenarios based on a number of economic assumpt ...
... principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of existing prudential regulations. These forward-looking statements have also been developed from scenarios based on a number of economic assumpt ...
Fat Tails and their (Un)happy Endings
... pricing model first developed to analyze structured credit products, provides the right framework for understanding the correlation bias arising from the capital structure of the firm. Furthermore, the copula capital structure model is a natural generalization of the contingent claim approach to the ...
... pricing model first developed to analyze structured credit products, provides the right framework for understanding the correlation bias arising from the capital structure of the firm. Furthermore, the copula capital structure model is a natural generalization of the contingent claim approach to the ...
Bezp. Bank 4
... shows that large banks’ leverage and liquidity risk may be positively related, we hypothesise that: Hypothesis 1a: Increases in leverage (and thus solvency risk) of large banks are associated with increases in liquidity risk of these banks; Hypothesis 1b: Increases in liquidity risk of large banks a ...
... shows that large banks’ leverage and liquidity risk may be positively related, we hypothesise that: Hypothesis 1a: Increases in leverage (and thus solvency risk) of large banks are associated with increases in liquidity risk of these banks; Hypothesis 1b: Increases in liquidity risk of large banks a ...
A new approach to assessing risks to financial stability
... financial markets, thereby reducing financial sector profitability. But they can also include more serious dislocations in markets. For example, a drying up of market liquidity could severely curtail activity and could lead to a spiral of falling asset prices as market participants sell assets to me ...
... financial markets, thereby reducing financial sector profitability. But they can also include more serious dislocations in markets. For example, a drying up of market liquidity could severely curtail activity and could lead to a spiral of falling asset prices as market participants sell assets to me ...
2nd Con Doc on NBNI G
... This document, first of all, explains how the financial distress or disorderly failure of an NBNI financial entity could be transmitted to other financial entities and markets, and thereby poses a threat to global financial stability (Section 1). It then sets out a high-level framework for identifyi ...
... This document, first of all, explains how the financial distress or disorderly failure of an NBNI financial entity could be transmitted to other financial entities and markets, and thereby poses a threat to global financial stability (Section 1). It then sets out a high-level framework for identifyi ...
Supervisory Shopping in the Banking Sector: When Is It Socially
... option frequently exercised, but also it can manifest itself in different forms. The first and most straightforward form of supervisory shopping in the US is switching charters by commercial banks, which can leave detrimental effects on the budgets of supervisory agencies. Between 1950 and 1977, th ...
... option frequently exercised, but also it can manifest itself in different forms. The first and most straightforward form of supervisory shopping in the US is switching charters by commercial banks, which can leave detrimental effects on the budgets of supervisory agencies. Between 1950 and 1977, th ...
Why Do Investment Banks Continue To Fail? By: Caroline Gieryn
... influence over Southern industry (McFerrin 47). By acquiring businesses as opposed to just investing in them, Caldwell and Company could mandate that their subsidiaries deposit all cash reserves with the Bank of Tennessee thereby increasing its access to highly liquid funds with which to invest. The ...
... influence over Southern industry (McFerrin 47). By acquiring businesses as opposed to just investing in them, Caldwell and Company could mandate that their subsidiaries deposit all cash reserves with the Bank of Tennessee thereby increasing its access to highly liquid funds with which to invest. The ...
Market Makers and Vampire Squid
... provides to investors come in two flavors. Sometimes clients come to them for advisory services (e.g. relating to takeovers, raising money for the company, or portfolio investing). At other times, investors look to them as market makers, intermediaries with an inventory of securities that can be bou ...
... provides to investors come in two flavors. Sometimes clients come to them for advisory services (e.g. relating to takeovers, raising money for the company, or portfolio investing). At other times, investors look to them as market makers, intermediaries with an inventory of securities that can be bou ...
Identifying channels of credit substitution when bank capital
... Basel rules (which reflect banks’ perceptions of risks at any point in time) tend to underestimate risk in some states of the world, increasing capital requirements in those states of the world can be justified as a corrective policy. Nevertheless, control over aggregate credit supply is a potential ...
... Basel rules (which reflect banks’ perceptions of risks at any point in time) tend to underestimate risk in some states of the world, increasing capital requirements in those states of the world can be justified as a corrective policy. Nevertheless, control over aggregate credit supply is a potential ...
Download: Optimal Financial Structure and Economic Development (pdf)
... terms of firm size, risk, and financing needs. Thus the demand of the real economy for financial services at some development stages can be systemically different from that of the same economy at other stages. Only when the characteristics of financial structure match those of the industrial structu ...
... terms of firm size, risk, and financing needs. Thus the demand of the real economy for financial services at some development stages can be systemically different from that of the same economy at other stages. Only when the characteristics of financial structure match those of the industrial structu ...
Report of the High-level Expert Group on reforming the structure of
... furthermore held a public consultation of stakeholders, the responses to which are published together with this report. In evaluating the European banking sector, the Group has found that no particular business model fared particularly well, or particularly poorly, in the financial crisis. Rather, t ...
... furthermore held a public consultation of stakeholders, the responses to which are published together with this report. In evaluating the European banking sector, the Group has found that no particular business model fared particularly well, or particularly poorly, in the financial crisis. Rather, t ...
Banks` buffer capital: How important is risk (Paper presented at
... Despite the last decades of market deregulation of the banking industry in many countries, banking is still one of the most regulated industries in the world. Regulation is in general justified on the basis of market failures and the importance of preserving financial stability, although there is st ...
... Despite the last decades of market deregulation of the banking industry in many countries, banking is still one of the most regulated industries in the world. Regulation is in general justified on the basis of market failures and the importance of preserving financial stability, although there is st ...
How Excessive Is Banks` Maturity Transformation?∗
... One of banks’ core functions is maturity transformation: allowing the financing of longterm assets while accommodating investors’ preferences for shorter investment horizons. Such function is played by commercial banks, investment banks and many shadow banking entities which finance a significant pa ...
... One of banks’ core functions is maturity transformation: allowing the financing of longterm assets while accommodating investors’ preferences for shorter investment horizons. Such function is played by commercial banks, investment banks and many shadow banking entities which finance a significant pa ...