This report is about payment systems which are experiencing quick changes triggered largely by technological advancement. Distributed network technology, real-time processing and customers’ willingness to utilize electronic monetary interfaces will even more reshape payment systems in the long term. Internet and e-commerce are having a significant influence on payment systems.
The objective of this report is to cautiously evaluate the size of public sector within the Russian banking industry. We have identified Seventy eight state-influenced banks. For the state-owned banks, we separate those that are owned by Central Bank of Russia, by
Changes in banking industry can be observed from different perspectives, one of which is the phenomenon of mergers and acquisitions (M&As). M&A is a highly abstract and compact concept, especially in the case of banking industry. When it comes to the Asian banking industry, currently impacts of China’s WTO entry on its banking industry has become a very hot topic.
This study demonstrates that the common view, whereby an increase in competition leads banks to increased risk taking, fails to hold in an environment where consumers can choose in which bank to make a deposit based on their knowledge of the riskiness
Recent cross-country comparisons of bank efficiency have been based on pooled estimates of banks across countries and have typically assumed a common frontier and that differences in performance among banks are primarily due to disparities in certain country-specific aspects of banking technology.
The customer loyalty concept has received much attention from both academics and practitioners in different industry. Banking industry is also not excluded and because it has a highly interaction with the customers, getting familiar with this concept would be very important and