Showing 8 results for Banking System
Volume 14, Issue 3 (11-2024)
Abstract
Money is one of the elements of human life that has been common in different forms at different times. One type of emerging digital asset known as money is cryptocurrencies. The development of block chain technology and cryptocurrencies has led many central banks around the world to conduct economic and legal researchs on digital currency issuances. The purpose of this study is to develop strategies for using national Cryptocurrency in the banking system. Data collection was done through library studies and interviews with experts. Based on the results, a questionnaire including the strengths and weaknesses of the banking system and the opportunities and threats has been developed and completed by members of the statistical sample. Using SPSS software, each of these factors has been prioritized in order of importance, and using the SWOT matrix, the strategies of using national Cryptocurrency have been developed. The strategy of issuing national cryptocurrencies on the basis of internal blockchain by the central bank with the support of national currency, gold and its foreign reserves and with the participation of commercial banks, the most important and publishing common cryptocurrencies with neighbors and trading partners on the basis of common blockchain for facilitating monetary exchanges has been chosen as the least important strateg.
Volume 15, Issue 3 (11-2011)
Abstract
A Comparative Study of Implementing servant Leadership (ISL) in Banking, From the View Point of Managers and Personnel (Case Study)
Ali-Akbar Farhangi1, Hossein Damghanian2,
Mohammadreza Mehrgan3, Majidreza Davari4
1- Professor, Department of Management, Faculty of Management, University of Tehran, Tehran, Iran
2- Ph.D., Department of Management, Faculty of Management, University of Tehran, Tehran, Iran
3- Associate Professor, Department of Management, Faculty of Management, University of Tehran, Tehran, Iran
4- Ph.D., Department of Management, Faculty of Management, University of Tehran, Tehran, Iran
Received: 13 /6/2010 Accept: 25/5/2011
The purpose of this article is to determine the possibility or impossibility of ISL in Maskan Bank and comparing, the managers' and personnel's viewpoints in bank branches, considering the Organizational Climate Indexes (OCI).
The methodology used in this study in terms of purpose is applied, and in terms of data collecting approach is descriptive-analytical and correlational research type. Population of this study consists of the managers and other personnel of Maskan Bank branches within the Semnan province. A sample was selected out of this population using classified random sampling method. The necessary data were collected by applying a questionnaire and the research hypotheses were investigated using Mann-Whitney and Binomial tests.
The results suggest that there is a significant difference between the views of managers and personnel in "satisfaction of remuneration" and "agreement on procedures". On the other hand, ISL in studied organization is possible just according to one of the indicators (satisfaction of remuneration) and is not possible according to other indicators (clarity of purpose, clarity of role and agreement on procedures).
Volume 21, Issue 3 (7-2014)
Abstract
This paper investigates the key factors affecting the foreign direct investment (FDI) inflow to developing countries during the period (1995-2010) with emphasis on the financial development. Financial development, as an important factor in FDI absorption and a prerequisite for utilizing the benefits of FDI, not only increases the FDI inflow in developing countries, but also improve the absorption capacity and ability of these countries to utilize the benefits of FDI. Since the financial system consists of several components and provides a variety of services, various indicators, which represent the development of different aspects and components of financial system, have been applied in order to assess the impact of financial development on the FDI. Results indicate that development of various components of financial system (stock market and banking sector) as well as different aspects of financial development (size and activity level of financial system) all have positive and significant impact on the FDI inflow in developing countries during the studied period.
Dr Mohammad Noferesti, Dr Mehdi Yazdani, Mrs. Nasim Babaee,
Volume 21, Issue 3 (9-2021)
Abstract
Assessing the impact of a monetary policy through the banking system on the economy is important because the highest share of Iran’s finance market belongs to the banking sector. For this purpose, this research aims to investigate the impact of changing the bank deposit profit rate through the banking system. This paper focuses on the role of deposits as one of the main financing sources of banks in a macro-structural econometric model over the period of 1973-2017.
In this respect, focusing on Iran’s banking system; a model was first formulated according to the structure of the Iranian economy. Then, three scenarios, including increasing the profit rate, decreasing the profit rate, and pegging policy, were incorporated into the model to observe the impact of profit rate changes.
The results of the simulation reveals a negative relationship between the deposit profit rate and gross domestic product. An increase in the bank deposit profit rate along with increasing the deposits through free credit resources raises credit provision by the banking system, causing a direct impact on investment. On the other hand, implementing this scenario increases the cost of capital and creates an inverse effect on investment. However, the impact of the cost of capital is stronger and leads to a reduction in investment and, consequently, reduces the output by 0.66%.
In the scenario of decreasing the profit rate, opposite results are observed, and the output increases by 0.71%. In the third scenario (Pegging deposit profit rate to 17%), however, the output increases by 0.46%. Therefore, the results implies that an increase in the bank profit rate is not confirmed by the theory of McKinnon and Shaw and decreases the GDP.
Volume 22, Issue 3 (7-2015)
Abstract
This paper investigates the key factors affecting the foreign direct investment (FDI) inflow to developing countries during the period (1995-2010) with emphasis on the financial development. Financial development, as an important factor in FDI absorption and a prerequisite for utilizing the benefits of FDI, not only increases the FDI inflow in developing countries, but also improve the absorption capacity and ability of these countries to utilize the benefits of FDI. Since the financial system consists of several components and provides a variety of services, various indicators, which represent the development of different aspects and components of financial system, have been applied in order to assess the impact of financial development on the FDI. Results indicate that development of various components of financial system (stock market and banking sector) as well as different aspects of financial development (size and activity level of financial system) all have positive and significant impact on the FDI inflow in developing countries during the studied period.
Dr Saeed Samadi, Dr Leila Torki, Mrs Sahar Mahdian,
Volume 24, Issue 2 (5-2024)
Abstract
Introduction:
In Islamic financial markets, Sukuk is the most important Islamic financial securities. Sukuk is designed in a way that is compatible with Islamic laws. These characteristics of sukuk have made it an attractive source of capital for issuers outside the Islamic world who seek to access the liquidity provided by Islamic investors. The sukuk instrument is a partial ownership in an asset (lease sukuk) or property interests (benefit sukuk) or participation in a business or project (participation sukuk). Sukuk diversifies investors' portfolios and offers opportunities to invest in new assets, and on the other hand, issuers can benefit from additional liquidity resulting from growing demand among a large number of investors. Institutions and individuals benefit from Sharia compliant investment tools. The main goal of this research is the comparative analysis of the impact of sukuk market development on bank profitability in Islamic and conventional banks.
Methodology:
. In order to achieve the above goal, the information of 15 countries in the Persian Gulf was analyzed in the period from 2014 to 2021. To test the hypotheses of the research, the multivariate regression method was used using the combined data method.
Results and Discussion:
The results of the research showed that the development of the sukuk market increases the profitability of Islamic banks. Also, the results showed that the development of sukuk market has no effect on the profitability of conventional banks. In addition, the results showed that the Covid-19 crisis does not moderate the impact of the development of the sukuk market on the profitability of Islamic and conventional banks.
Conclusion:
In general, it can be said that with the development of the sukuk market, the private sector is increasingly interested in this market, and it is expected that this market will take a large part of the society's liquidity. Financial institutions will also be interested in this market. The sukuk instrument is a partial ownership in an asset (lease sukuk) or property interests (benefit sukuk) or participation in a business or project (participation sukuk). Sukuk diversifies investors' portfolios and offers opportunities to invest in new assets, on the other hand, issuers can benefit from the increased liquidity resulting from the growing demand among a large number of institutional investors. and individuals to benefit from Sharia compliant investment instruments. Therefore, many companies are currently waiting to enter this market due to the greater diversity of the sukuk market compared to traditional bank loans. Sukuk is a financial instrument that allows market participants to obtain a large amount of money and capital from investors, which is possible through the development of a diverse structure of sukuk. Also, according to the presented results, the development of the sukuk market has not played an effective role in the profitability of banks against economic shocks and crises. Therefore, due to the limitations of the research regarding the limited time period and the difficulty of accessing the information related to the variables, one should act cautiously in generalizing the results to the periods before and after the scope of this research
Volume 25, Issue 2 (7-2021)
Abstract
Despite the change in the structure of banking systems after the financial crisis, international banking is still considered as one of the important sources of financing for developing countries. In the Iranian economy, due to the low level depth of capital market and the lack of suitable alternatives, the financing system is a bank-based system and banks have a great responsibility in financing small and large enterprises. The absence of foreign banks in Iran at the level and scale of other developing economies indicates Iran failure to properly exploit its sources of financing, especially when the country was not subject to economic sanctions. This study has argued about the importance and position of international banking in the economic system and then has tried to identify the key challenges of the international banking system in Iran. In this regard, qualitative research has been conducted by qualitative content analysis method with the presence of 15 experts in this field. The data collected through semi-structured interviews have been analyzed and the results indicate that: Very limited connection and access to the global financial system,limited implementation of internationally accepted standards in banking operations, non-compliance with the standards of the Financial Action Task Force, exchange rate fluctuations, corporate governance weakness, and credit risk rating are the most important challenges of our countrychr('39')s international banking system and these challenges have been due to macro variables such as: foreign policy orientation, dollar hegemony in the global financial system, comprehensive and targeted sanctions and regulatory barriers.
Volume 28, Issue 4 (1-2022)
Abstract
Banks play a key role in driving international business into other arenas and non-economic activities. Based onthe institutional theory, the existing theories on the internationalization of banks are inhomogeneous and inefficient due to the lack of coordination of institutions of our country with other countries. Therefore, they require an exploratory study of the indigenous model of Iranian banking system with specific institutional features and universal political conditions.In this research, by asking the basic question of a suitable model for entering the Iranian banking system to the international arena, we attempted to present an entry model. The data were analyzed by the content analysis method and discovering the relation of concepts, categories and their transformation into causal, interventionist and contextual statements. In-depth and semi-structured interviews were conducted with twelve banking and university experts. The data analysis revealed 892textual terms, 94concepts and 8 basic categories and3main research structures. Extracted data indicate that in addition to official institutions in Iran, their inherent roles have a negative impact on the entry of banks into the international arena. Informal institutions also have strong and negative effects.
