Biometric Security Transaction in Banking System: The Automated Teller Machine (ATMs) in View

E-Business and E-Commerce are currently the vogue in transacting business globally. The mode of transacting business with this modern approach is so simple that, it is likely a huge number of the global population are already there. Ghana, an emerging market in Africa and the globe, has the attractiveness to join this craze. The current government has been able to eliminate the quack financial institutions from the banking system, and technologically established and launched the infrastructure for Ghana’s Interbank Payment and Settlement Systems (GhIPSS). This is an internet payment gateway to enable holders of domestic Automated Teller Machine (ATM) cards to make payments and purchases online. Most of the Banks in Ghana have also come out with perks to customers who would adopt the online purchasing approach, and even use their ATM cards for their transactions. The enticement is seriously catching on, and there is the hope that the citizenry would listen to the advice of the government for all to join the digital transformation currently going on in Ghana.

Download Full-text

Assessment of the banking system of Ukraine by a multiplicative model

PsycEXTRA Dataset ◽

10.1037/e503592014-018 ◽

2013 ◽

Author(s):

Oleksandr Trydid ◽

Natalia Pogorelenko ◽

Borys Samorodov

Keyword(s):

Banking System ◽

Multiplicative Model

Download Full-text

China's Banking System as Compared to Other Transition Banking Systems

Voprosy Ekonomiki ◽

10.32609/0042-8736-2003-12-137-144 ◽

2003 ◽

pp. 137-144

Author(s):

M. Golovnin

Keyword(s):

Banking System ◽

Banking Systems

.

Download Full-text

Regional banking system in Russia: Trends and factors of spatial distribution

Voprosy Ekonomiki ◽

10.32609/0042-8736-2017-1-123-141 ◽

2017 ◽

pp. 123-141 ◽

Cited By ~ 1

Author(s):

S. Ageeva ◽

A. Mishura

Keyword(s):

Spatial Distribution ◽

Commercial Banks ◽

Banking System ◽

Federal District ◽

Russian Regions ◽

Siberian Federal District ◽

Federal Districts ◽

Banking Business ◽

Banking Institutions

We examine the spatial distribution of banks in Russian regions to identify the factors that affect changing territorial architecture of the banking system. The object of the study is dynamics of the number of commercial banks and their branches in 1991-2016. Besides the well-known tendency of concentration of the banking business in Moscow and reducing the number of banks in other regions we analyzed situation in the federal districts taking as an example the Siberian Federal District. This approach allowed us to formulate hypotheses about the causes of differences in the availability of banking institutions in Russian regions.

Download Full-text

Russian Banking System under Conditions of Global Crisis

Voprosy Ekonomiki ◽

10.32609/0042-8736-2009-7-4-14 ◽

2009 ◽

pp. 4-14 ◽

Cited By ~ 1

Author(s):

G. Gref ◽

K. Yudaeva

Keyword(s):

Banking System ◽

Commodity Prices ◽

Financial Sector ◽

Banking Crises ◽

Economic Recovery ◽

Balance Sheets ◽

Current Economic Crisis ◽

Risk Appetite ◽

The Us ◽

The Face

Problems in the financial sector were at the core of the current economic crisis. Therefore, economic recovery will only become sustainable after taking care of the major weaknesses in the financial sector. This conclusion is relevant both for the US and UK - the two countries where crisis has started, and for other economies which financial institutions turned out to be fragile in the face of the swings in the risk appetite. Russia is one of the countries where the crisis has revealed serious deficiency in the financial sector. Our study of 11 banking crises during the last 25-30 years shows that sustainable economic recovery and decrease in the dependence on commodity prices will be virtually impossible without cleaning of balance sheets and capitalization of the financial sector.

Download Full-text

Stress-testing Russian Banking System: Will Banks Need Government Assistance Again?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2010-4-61-81 ◽

2010 ◽

pp. 61-81 ◽

Cited By ~ 3

Author(s):

O. Solntsev ◽

A. Pestova ◽

M. Mamonov

Keyword(s):

Stress Testing ◽

Banking Sector ◽

Stress Test ◽

Banking System ◽

Government Assistance ◽

Methodological Issues ◽

Loan Portfolio ◽

Macroeconomic Indicators ◽

Remote Stress ◽

Capital Injections

The article analyzes factors that affect growth of the share of non-performing loans in the loan portfolio of Russian banks and proposes approaches for this share forecasting on the basis of dynamics of macroeconomic indicators. It also deals with methodological issues of remote stress-test of lending agencies. Using the results of conducted stress-test of Russian banks the authors assess their perspective capital needs in 2010 and estimate the share of government assistance in capital injections. Furthermore, the authors define the scale of vulnerable banks groups in the Russian banking sector.

Download Full-text

2008 Economy Results: The End of the "Fat" Years

Voprosy Ekonomiki ◽

10.32609/0042-8736-2009-3-4-25 ◽

2009 ◽

pp. 4-25 ◽

Cited By ~ 2

Author(s):

B. Zamaraev ◽

A. Kiyutsevskaya ◽

A. Nazarova ◽

E. Sukhanov

Keyword(s):

Economic Crisis ◽

National Economy ◽

Banking System ◽

Housing Markets ◽

Transmission Mechanism ◽

Economic Conditions ◽

Basic Change ◽

Russian Economy ◽

The World

The article analyzes the current economic conditions in Russia. Succession, distribution and the transmission mechanism of the world financial and economic crisis to the Russian economy are considered in this article as well as the changes in the banking system, share and housing markets. Production, consumption and investment on the boundary of 2008-2009 are described. The conclusion about the basic change of conditions of national economy development is presented.

Download Full-text