Resetve requirements have been part of the regulatory apparatus of banking in the United States for more than 150 years. Currently, however , more than half of all depository institutions are exempt from the regulation, and a growing number of others meet their requirements with voluntary holdings of vault cash. In searching for a contemporary rationale for reserve requirements, the author find...

The banking industry in Oman is of major importance to Oman’s economy, yet Omani banks continue to conduct most of their transactions using traditional methods. A strong banking industry significantly supports economic development through efficient financial services, and their role in trying to achieve the objectives outlined by the Sultan of Oman will depend heavily on the industry’s capabili...

The shadow banking system played a major role in the recent financial crisis but remains largely unregulated. We propose principles for its regulation and describe a specific proposal to implement those principles. We document how the rise of shadow banking was helped by regulatory and legal changes that gave advantages to three main institutions: money-market mutual funds (MMMFs) to capture re...

This paper uses data from Taiwan’s banking sector to investigate if state-owned banks can serve as an internal regulation mechanism to sustain market competition. In contrast to the traditional second-best literature, the evidence shows that a certain degree of market coordination exis ts in the industry, even if the government owns most of the dominant banks in Taiwan.

Thirty-five to 45 percent of low-income American households do not possess a bank account. This statistic coupled with claims of price gouging by check cashers has prompted government intervention. Ifind that state legislation requiring banks to offer low-cost accounts slightly decreases the number of low-income minority unbanked households, but only with a substantial lag. Caps on check-cashin...

The practice of Islamic banking should run accordingly with the rule sharia. aimed to overcome conventional problems, which are often profit-driven and benefit only a particular party. In Indonesia, where majority population is Muslims, runs together creates dual-banking system. This system seems fair on one hand. However, it causes challenges in terms pure banking, other research analyses impl...

Submit Manuscript | http://medcraveonline.com Abbreviations: AM: Amniotic Membrane; MO: Moringa Oleifera; ITBBR: Institute of Tissue Banking and Biomaterial Research; VEGF: Vascular Endothelial Growth Factor; HGF: Hepatocyte Growth Factor; TGF: Transforming Growth Factor; HLA: Human Leukocyte Antigen; DR: Differential Regulation; MSC: Mesenchymal Stem Cells; SLPI: Secretary Leukocyte Proteinase...

According to the strategy of the banking system development until 2015, the Central Bank of Russia is going to implement Basel II Internal-Ratings-Based (IRB) approaches in 2015, while Basel III is planned to be introduced in full starting from 2019. Taking into account the effects of the Basel II regulation during the crisis 2008–2009, in particular, the excessive procyclicality of the capital...