This study is done to construct an intervention model for the share index of banks and other financial Institutions in Bangladesh. Intervention models are constructed for data series using different approaches and compared with the ARIMA model fitted for the same data series. In our study...

It is monetary authorities' resources that became the principal source of growth in banks' assets in October 2014. Still high frequency of banking license revocations and the ruble devaluation could hardly recover depositors' confidence in the banking system – growth in the deposit base was...

In this paper, we analyse the workings of commercial banks in a scenario where crypto-currencies are the mainstream bills of exchange. We start by explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). Then we discuss the concept of Regulated and Sovereign...

Short-term money market interest rate management within the framework of symmetrical interest rate band is based on central bank open market operations that aim to compensate for a structural deficit and surplus of liquidity in the banking sector to make sure that the money market overnight...

Financial system soundness in world economies remains germane, but in the same vein, the COVID-19 outbreak had made governments scampering for any and every solution as experience has shown the need to incentivize businesses to enable economy-wide recovery. In this perspective, consideration of...

We review the nascent but fast-growing literature on central bank digital currencies (CBDCs), focusing on their potential impacts on private banks. We evaluate these impacts in three areas of traditional banking: payments, lending, and liquidity and maturity transformation. For each area, we...

This paper provides Russia's financial system strategy covering three blocks: banking sector, monetary policy and taxes. The post-crisis strategy in banking sector contains proposals on achieving soundness and stability of Russian banking system, problem banks restructuring, as well as increase...

Before we can reform the financial system, we need to understand what banks do; or, better, what banks should do. This paper will examine the later work of Hyman Minsky at the Levy Institute, on his project titled “Reconstituting the United States' Financial Structure.” This led to a number...

The financial sphere of Russia was the first sector of the national economy which was affected by the global economic crisis of 2008. Financial markets were hit first and then the banking sector experienced the liquidity problem to be followed by a full-scale economic crisis in Russia. Early in...

This paper called “Banking restructured” redefines the role of banking sector to pave the way for future economic system that benefits 7 billion people of the world in all spheres of their lives in one form or the other. This restructured banking system will make the budget preparation of...