The main objective of the paper is to investigate customer treatment, financial efficiency and supporting customer services with modern banking technology in financial institutions. The customer orientation and business performance of financial institutions targets customer services to maintain long term mutual relationships. The findings of the study has direct practical relevance for the bank...

The paper seeks to establish whether or not remittances promoted financial developments and explore the traceable causality between remittances and financial developments in some countries in Africa. We examine the association between remittances received and how they affect the availability of credit to private sector, bank deposits intermediated by financial institutions and money supply. We ...

*The views expressed here are those of the author and do not necessarily represent the views of the Federal Reserve Bank of Philadelphia or the Federal Reserve System. he severity of the recent economic downturn raises questions about the role of financial markets in modern market economies. Why did rising defaults in a relatively small portion of the U.S. housing market cause a financial crisi...

We study the influence of the financial market on the decisions of firms in the real market. To that end, we present a model in which the shareholders portfolio selection of assets and the decisions of the publicly-traded firms are integrated through the market process. Financial access alters the objective function of the firms, and the market interaction of shareholders substantially influenc...

Alternatives are needed to using intuition as the dominant approach for assessing critical infrastructure interdependencies. Since there is no single, measurable unit that accurately reflects interdependencies between critical infrastructure sectors, an interdependency metric must be a composite of measurable elements related to the dependency of one sector on another. This paper defines and ap...

Following the global financial crisis of 2008, countries stabilized their financial systems and attempted to bolster regulatory systems to protect against systemic risks. Disappointing rates of recovery, however, have shifted the policy focus to growth. How important is the operation of the financial system for economic growth and which financial regulatory reforms will improve financial sector...

Financial statement fraud is a huge obstacle to economic growth and it results in the loss of investors’ trust financial system. In literature, detected real sector companies investigated thoroughly, however, institutions somewhat ignored. this article, researcher investigates typologies frequencies by regulator. The services framework made up like banks, intermediary portfolio management Capit...

Since 1994, China has experienced a prolonged period of sluggish growth and declining inflation. Prices have actually declined over much of the last three and a half years. These problems are often attributed to conditions of weak aggregate demand. Not unexpectedly, the Chinese government has cut interest rates and pursued expansionary Keynesian policies, but these measures have largely failed....

The recent financial crisis and subsequent recession have spurred great interest in the sources of unemployment fluctuations. Previous studies predominantly assume a single economy-wide labour market, and therefore abstract from differences across sector-specific labour markets in the economy. In Canada, such differences are substantial. From 1991 to 2010, employment in the tradable sector is a...