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In market conditions, banking institutions occupy one of the leading positions in ensuring economic growth. Proper development of the domestic economy is impossible from the proper functioning of the banking system, providing a range of specific services that would satisfy the needs of the client (consumer). This article discusses certain features of banking services. In the system of development of the modern banking services market, despite the already existing positive experience in the implementation of actions to provide banking services, there are still difficulties that negatively affect legal relations in this area. The main problem is that there is no legal definition of the concept of “service” and its characteristics. An analysis of the current legislation regulating legal relations in the provision of banking services was carried out. The Law of Ukraine “On Banks and Banking Activities” defines what “banking activities” and types of banking services are, but the very concept of “banking services” and its characteristics are absent. It is determined that banking services have common characteristics of services as objects of civil law, and attention is also drawn to the fact that banking services are characterized by certain features. The importance of a clear understanding of the “banking service” and its features is important for the reason that their absence leads to the fact that entities engaged in banking activities are interpreted differently. The article examines the issue that when concluding certain types of agreements on the provision of banking services, in particular a loan agreement, the banking institution is the creditor and at the same time the performer of the banking service, and the debtor is, accordingly, the customer of this type of service. In general, the theoretical research conducted is aimed at increasing the clarity of understanding of the basic categories in the field of banking. [ABSTRACT FROM AUTHOR]

How does lending-market competitiveness shape new firms' financing? Using a unique U.S. representative panel of new firms, we document that in more concentrated local lending markets: (a) new firms are less likely to access credit; (b) new firms have lower leverage; and (c) the best-performing firms are more severely affected by reduced debt financing. We develop a contingent-claims model with monopolistically competitive banks that rationalizes these facts and shows how credit-market conditions determine loan fees and concentration. Our findings highlight banks' market power as a channel through which the financial sector influences firms' development and, hence, economic growth. (JEL D82, G21, G32, G34, L26) [ABSTRACT FROM AUTHOR]

The U.S. banking sector had nearly 70% fewer banks in 2022 relative to 1989, primarily because of mergers. We develop a methodology to estimate cross-market spillover effects of bank mergers and test whether the operations of incumbents facing consolidating competitors in one market are affected in other markets. We find that nonmerging banks within a market that are one standard deviation more exposed to mergers in other markets increase deposits by 2.1% relative to their less exposed competitors. Our methodology may be applied elsewhere to assess the aggregate impacts of industry consolidation and illustrates challenges with product-based or geographic market definitions. [ABSTRACT FROM AUTHOR]

This paper examines empirically cross‐fertilization in the productivity growth of banks between a state and its neighbouring and non‐neighbouring states (i) before (i.e. 1971–1977) the interstate multibank holding company (IMBHC) deregulations and (ii) during (i.e. 1982–1995) the IMBHC deregulations, which, through cross‐border bank M&As mainly among neighbouring states, could inject new blood, awaken the market for corporate control and enhance cross‐fertilization in bank performance among neighbouring states. Further, the 1978–1981 period offers a natural experiment to examine Baumol's Contestable Markets Hypothesis (CMH). The legislature of Maine made the first IMBHC deregulatory move in 1978. There was no reciprocity until New York and Alaska made their moves in 1982. Under CMH, Maine's move should inject a competitive spirit and alter bank performance for better across all—neighbouring or non‐neighbouring – banking markets during this period. Theoretically, Kane's regulatory equilibrium framework provides guidance to address these matters and Tiebout's people vote with their feet framework extends and supplements this guidance. Empirically, FDIC's annual banking data, aggregated at the state level, constitute the main input in computing the productivity growth indices for each of the 48 contiguous sample states between 1971 and 1995. Estimations of a novel spatially driven fixed effects model that uses these indices produce empirical results. The empirical model exploits the proximity of one sample state to its neighbouring states while also embracing a set of randomly chosen non‐neighbouring states as a control sample. Results show that cross‐fertilization in bank performance, observed among neighbouring states before the introduction of the IMBHC deregulations during 1971–1977, gets stronger in response to the dynamically evolving IMBHC deregulations during 1982–1995 and that improvements in banks' productivity growth during 1978–1981 support Baumol's CMH. Overall, our results demonstrate the importance and influence of cross‐fertilization, as a matter of proximity of subjects, on banks' performance and suggest promise for future research that embraces the spatial dimension of banking markets and data. [ABSTRACT FROM AUTHOR]

This paper proposes a new methodology to examine spillover effects using insurer/bank connectedness as an example. Using large standard deviation jumps in daily returns to measure market shocks, our generalized event study approach can address the issues of multiple events happening in one day, positive and negative responses, asymmetries in the connected responses and endogeneity issues. We employ a random forest residuals regression approach that offers more flexibility in the connectedness relationships than standard regression models, yielding results that are more consistent with the literature (i.e., the predominance of contagion over competitive effects in connectedness). We show that standard linear regression models do not appropriately capture these relationships because they do not account for the endogeneity of the shocks to the daily returns. We find evidence that insurers' and banks' returns move in the same direction after shocks, indicating market contagion effects, rather than in the opposite direction, which would indicate market competitive effects. We also find that the event shocks of January, April, July, and October are larger and more statistically significant than other months. The evidence shows that bank shocks are relatively more destabilizing than insurer shocks. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Economic Administrative & Legal Sciences is the property of Arab Journal of Sciences & Research Publishing (AJSRP) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This article investigates the effects of banking integration on banking competition in the ASEAN‐6 countries. Using a data set of 3217 bank‐year observations over the period 1996–2018, our main results indicate that: (i) banking openness positively affects banking competition; (ii) the overall degree of balanced (in/out) integration leads to greater market power; and (iii) the increase in the market monopoly following the participation of foreign banks can be reduced by good regulatory policies. These results remain intact when two alternative competition measures are employed and when a polynomial model and a threshold model are used to reveal the non‐linear and heterogeneous effects of banking integration. [ABSTRACT FROM AUTHOR]

We assess the relation of macroprudential policy and competition to bank risk for a sample of 1373 banks from 13 East Asian countries, using the IMF iMaPP dataset of macroprudential policy from 1990 to 2018. To our knowledge, this is the first paper to include both macroprudential policy and individual bank market power, as well as their interaction, as determinants of bank risk. On the one hand, we find direct effects of both macroprudential policy and competition on risk, in line with the existing literature. On the other hand, we detect important interaction effects. Notably in the developing and emerging East Asian countries, the interactions between competition and macroprudential measures often show a lesser response to such measures in terms of risk reduction for banks with more market power. We suggest that this links in turn to ability of such banks to undertake risk-shifting in response to macroprudential policy. We also find for banks in advanced East Asian countries—and in wider samples—some tendency in the long term for banks facing intense competition to take relatively more risks in face of macroprudential measures, in line with the traditional "franchise value" view of bank competition and risk taking. These findings have important implications for regulators. [ABSTRACT FROM AUTHOR]

The aim of this paper is to investigate the implications of financial and banking marketing on the Romanian labor market and the impact it has on the financial service. The changes that have taken place in recent years will significantly transform the financial and banking services landscape, the evolution and development of technologies, the emergence of mobile banking applications, online services, digital marketing as well as the need to train the workforce and adapt them to the new digital technologies have had an evolutionary impact on the Romanian labor market. Financial banking marketing plays a crucial role in the dynamics of the labor market in Romania, with significant implications on labor supply and demand. On the one hand, the marketing strategies adopted by financial institutions can influence the behavior of consumers and businesses, thus leading to a change in the structure of demand for certain professions and skills. All these transformations taking place on the Romanian labor market will lead to a change and an increase in the demand for financial and banking marketing professionals, to a dynamic consumer competition for products, but also to a challenge for the future of work in the dynamic Romanian economy. [ABSTRACT FROM AUTHOR]

The article presents the results of the analysis of those transformational processes that the legal basis of the bank loan agreement has undergone in the conditions of digitalization. European and Ukrainian approaches to understanding the concept of «digitalization» are analyzed. It is clarified how the wide implementation of IT technologies affected the field of banking services. The situation in the market of banking services in general, as well as in the field of credit relations before a full-scale invasion, was revealed. It is noted in the forecasts of the development of digital services until 2030. The key IT technologies that significantly influenced the field of banking services and determined the electronic form of contracts that are concluded are highlighted. It was noted that, on the one hand, the development of banking services under the influence of digitalization positively contributes to the development of the digital economy, and on the other hand, more risks have arisen regarding the guarantee of cyber protection of financial transactions and personal data. Recommendations are offered to strengthen the reliability and efficiency of the banking system in terms of compliance with cyber security rules. It is justified that the development of credit relations in Ukraine in the conditions of digitalization has led to the spread of electronic forms of credit contracts. Attention is drawn to the judicial practice that arose already in the process of protecting the rights of debtors under concluded electronic credit agreements. The following key groups of arguments for substantiating the debtors' claims were identified: contracts were not concluded in writing; contracts were not signed, there are no electronic signatures on individual copies; the borrowers did not express their will before concluding the contract; etc. Based on the analysis of court practice and current legislation, the conclusion is substantiated that any transaction, including a bank loan, in the case of its conclusion in electronic form, is equated to a written form. An electronic contract cannot be invalidated solely because it is in electronic form. It is justified that the bank loan agreement, despite its rather imperative legislative regulation in order to protect the rights of debtors, has undergone changes in the form of conclusion, in particular, the electronic form prevails in practice. [ABSTRACT FROM AUTHOR]

For marketers, the digital world offers a plethora of novel opportunities. Marketing in the modern day is all about relationships, involvement and relevancy. Digital marketing is the practice of marketers promoting goods and services through electronic media. The main objective of this study is to study the perception of customers towards digital marketing strategies implemented in the banking sector. Data were gathered from 535 banking customers by transmitting the questionnaire via Google Forms and handing out printed copies of the questionnaire. Results suggested that customers perceive digital marketing strategies as informative, interactive, entertaining and trustworthy but not offensive and personalised. Further, it was found that there is no significant difference among customers of different educational levels and occupations regarding customer perception towards digital marketing while a significant difference was found among customers based on age and income level. This analysis adds a great deal to the body of knowledge on marketing and has useful implications for marketing professionals as comprehending the perception of customers towards digital marketing may assist them in anticipating the usage of digital marketing. [ABSTRACT FROM AUTHOR]

Certain predominant Banks astride across India stayed esoterically stable while graphing nascent opportunities in retail banking sectors to intensify their financial values. And concomitantly, Money lending facilities i.e., Consumer Loan services are one of those offerings which are supposed to meet the customer's needs and requirements. But due to a lack of proper 'customer education', customers are made to purchase third-party financial products like mutual funds or insurance policies as mandatory at the time of disbursement of loans by the bank officials, which results in financial losses to the customers. The study is carried out to explore various loan facilities provided by major banks so that customers can avail of the loan facilities as per their requirements. We have studied and surveyed all consumer loan services available, and on the basis of certain parameters such as Interest Rates, Equated Monthly Installment (EMI), Processing Fee, Pre- Payment Charges, Charges for Late Payments of EMI, Cheques/ Electronic Clearing Service (ECS) Return Charges, Mandate Life Insurance Policies, etc. The study concluded that customers should be exposed to all types of terms and conditions regarding third-party financial products at the time of loan disbursement so that every customer can be protected from mis-selling third-party financial products. Therefore, this study will enhance the literature towards' customer education' and will spread awareness of certain terms and conditions to the customer at the time of disbursement of loans in their account. [ABSTRACT FROM AUTHOR]

The literature on the effects of bank market power on access to credit has produced many results that are sometimes contradictory. Yet, all of these studies are based on unconsolidated data that ignore the national market power of banking groups. This results in an underestimation bias that this paper proposes to correct. Using a panel of more than 55,000 French firms covering the period 2006–2017, I consider a set of structural and non-structural measures of bank market power both at the unconsolidated and consolidated levels. My results strongly support the market power hypothesis which emphasizes the virtues of competition on interest rate setting. I find that bank market power increases the interest rate charged, but only when using my consolidated measures. This effect is stronger for small and risky firms and is concentrated on long-term loans. My findings highlight the need to take into account the capital linkages of subsidiaries within the same banking group in order to fully assess the implications of bank market power. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to investigate the mediating role of satisfaction (SAT) in relation to mobile banking service quality (MB-SQ) and continuance intention (CI) among Nepali mobile banking users. Design/methodology/approach: The paper adopted a quantitative approach and cross-sectional survey research design. Data were collected with structured questionnaires from 326 mobile banking users. A partial least squares structural equation modeling (PLS-SEM) and artificial neuro network (ANN) approach were applied to examine hypotheses. Findings: Results confirm a significant positive influence of MB-SQ on SAT and CI of mobile banking adoption. Moreover, MB-SQ partially mediates the relationship between SAT and CI of mobile banking adoption. Research limitations/implications: Based on the findings of this research, theoretically, this paper attempted to investigate the mediating role of MB-SQ in the CI of mobile banking, and managerially, mobile banking service providers could have insights on designing mobile banking service marketing strategy. Originality/value: This paper is among the earliest studies to investigate the role of MB-SQ as a higher-order reflective-reflective construct on CI. Moreover, the endogeneity issue has been tested, and ANN has been applied to investigate the predictive relevance of SAT and MB-SQ on CI of mobile banking users. Furthermore, the authors have delved into the ongoing discourse surrounding Generation Y and Generation Z, exploring their implications on CI within the realm of mobile service quality. It provides a critical juncture for understanding continuance intention in the mobile service quality context. [ABSTRACT FROM AUTHOR]

This study explores the role of financial support in the digital transformation of Chinese A-share-listed companies from 2001 to 2020. By utilizing the moderating effect model and threshold regression model, this study finds the following results: (1) Digital transformation positively impacts innovation, and the support of banking and capital markets further strengthens this impact. (2) With the development of banking and capital markets, the impact of digital transformation on innovation changes from negative to positive, which is also reflected in the subsamples of Eastern companies, small and medium-sized companies (SMEs), and non-SMEs. (3) The study reveals that only the capital market in the non-Eastern region has no threshold, and capital market support is effective only for non-SMEs when it reaches a higher level. These findings have important implications for policymakers in promoting digital transformation through financial support and help companies understand how to use financial support to improve competitiveness. [ABSTRACT FROM AUTHOR]

Copyright of Acta Iuris Stetinensis is the property of University of Szczecin Press / Wydawnictwo Naukowe Uniwersytetu Szczecinskiego and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Gharee for Economics & Administration Sciences is the property of Republic of Iraq Ministry of Higher Education & Scientific Research (MOHESR) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study explores the impact of bank market structure on firm innovation in China using a two-way fixed effects model. Our analysis is based on a dataset comprising 2,412,316 firm-city level observations. Our findings suggest that there exists a U-shaped relationship between bank market structure and firm innovation in China. Specifically, we identify that the financing channel is a crucial pathway through which bank market structure influences firm innovation. Moreover, our results indicate that this relationship is mainly driven by small firms and innovative firms, and is more pronounced in regions with stronger intellectual property rights protection or greater openness to foreign markets. In sum, this study contributes to the existing literature by advancing our understanding of the impact of bank market structure on innovation in Chinese firms. [ABSTRACT FROM AUTHOR]

The purpose of this study was to analyze and determine the effect of marketing capabilities, relational marketing, and company capabilities in influencing customer retention of bank bjb sharia consumer financing products in the city of Bandung. The research method used is the verification method. The population of this research is customers who have reused consumer financing products of bank bjb sharia in Bandung City, the sample of this research uses simple random sampling method. The results of the study indicate that the analysis of the influence of marketing capabilities on the capabilities of bank bjb sharia companies has a positive or direct influence on the company's capabilities. The results of the analysis of the influence of relational marketing on the capabilities of bank bjb sharia companies have a positive or direct influence on the company's capabilities. The results of the analysis of the influence of marketing ability on customer retention of bank bjb sharia have a positive or direct influence on customer retention. [ABSTRACT FROM AUTHOR]

This study examines the role of influencer marketing for banks in Vietnam with the objective of reaching to the demographic of young customers between the ages of 18 and 35. A quantitative methodology was utilized in this study, which involved the distribution of an online survey to a total of 732 young banking consumers in Vietnam. The data were analyzed using partial least squares structural equation modeling (PLS-SEM). The results indicated significant positive indirect effects on the intention to use influencer marketing in relation to influencer credibility, trustworthiness, expertise, friendliness, similarity, and attractiveness. The impacts mentioned were mediated by the individual’s attitude toward the influencer. Favorable attitudes toward an influencer boosted respondents’ intention to use endorsed banking products/services. Similarly, positive attitudes toward influencers directly increased usage intentions. The results offer innovative empirical proof that partnering with influencers on social media can serve as a successful marketing tactic for banks to positively impact the acceptance of their services among young consumers in Vietnam’s digital landscape. The study provides practical recommendations for banks to effectively identify and collaborate with influencers who have the strongest appeal to youth target audiences. AcknowledgmentI would like to express my gratitude to those of you who took part in the survey and to the Ho Chi Minh University of Banking for their assistance in enabling me to finish my research.

In order to enhance market share and competitiveness, large banks are increasingly focusing on promoting marketing strategies. However, the traditional bank marketing strategy often leads to the homogenization of customer demand, making it challenging to distinguish among various products. To address this issue, this paper presents a customer demand learning model based on financial datasets and optimizes the distribution model of bank big data channels through induction to rectify the imbalance in bank customer transaction data. By comparing the prediction models of random forest model and support vector machine (SVM), this paper analyzes the ability of the prediction model based on ensemble learning to significantly enhance the market segmentation of e-commerce banks. The empirical results reveal that the accuracy of random forest model reaches 92%, while the accuracy of SVM model reaches 87%. This indicates that the ensemble learning model has higher accuracy and forecasting ability than the single model. It enables the bank marketing system to implement targeted marketing, effectively maintain the relationship between customers and banks, and significantly improve the success probability of product marketing. Meanwhile, the marketing model based on ensemble learning has achieved a sales growth rate of 20% and improved customer satisfaction by 30%. This demonstrates that the implementation of the ensemble learning model has also significantly elevated the overall marketing level of bank e-commerce services. Therefore, this paper offers valuable academic guidance for bank marketing decision-making and holds important academic and practical significance in predicting bank customer demand and optimizing product marketing strategy. [ABSTRACT FROM AUTHOR]

This paper aims to explore the effect of financial innovation on economic growth in 28 transition countries from 2004 to 2021. Financial innovation is categorized based on the structure of the financial system, including commercial banks, non-commercial banks and financial markets. By applying difference GMM estimation, the research demonstrated a significant positive effect of financial innovation in commercial banks and non-commercial banks on economic growth. The results show that a greater number of financial innovations in terms of products and services, processes, technology and function in commercial banks and non-commercial banks would result in higher economic growth in transition countries. In contrast, financial innovation in financial markets indicates significantly negative effects on economic growth. Introducing complex products in stock and bond markets in underdeveloped financial markets probably lead to the volatility and fragility, reducing economic growth. The results of this research contribute to issuing crucial policies that employ financial innovation as an impulse for spurring economic growth in transition countries. [ABSTRACT FROM AUTHOR]

Importance of Insurance is catching up since 1991, but still, some people are not able to buy any kind of insurance product because of poverty. Indian insurance market is growing rapidly, though its size is very small comparing it with USA and China. But it has been expanding in leaps and bounds. In order to know the development and trends in the insurance sector, present paper uses semi log model and Anova techniques. The direct selling brings larger business. Reliance on individual agents had not yet come down. The remarkable sign is that, the business share of corporate agents-bank is increasing though there is no separate team with banks to market the insurance products. Business from new century digital means in the total new business of insurance does not increasing and going beyond 1 per cent. In fact, it should catch up the speed so that insurance companies can save the commission. [ABSTRACT FROM AUTHOR]

We adopt a novel variation of the traditional structure‐conduct‐performance modelling approach, looking at between, rather than within, industries to study the impact of changes in the bank market structure on the corporate performance of financial technology (fintech) firms using firm‐level data. We use two samples, one with 231 fintech firms and one with 231 non‐fintech firms across 24 industrialized countries over the 10‐year period from 2008 to 2017. We find that changes in bank market power have a positive impact on the performance of fintech companies suggesting that such firms complement rather than compete with banks. On the other hand, within the non‐fintech sector, we find that changes in bank market power have no impact on non‐fintech firms. Our results are robust to several tests. [ABSTRACT FROM AUTHOR]

We examine how the cost of issuing equity affects bank lending. Using the SEC rule change that allowed exchange‐listed firms with public float less than $75 million to raise equity via shelf registrations as a quasi‐natural experiment, we show that the affected banks increase mortgage lending relative to control banks. Furthermore, the affected banks reduce demand for precautionary capital and become less likely to sell mortgages to third parties. [ABSTRACT FROM AUTHOR]

The paper discusses the problem of establishing the communication budget in one of the most active sectors regarding marketing communication, the banking one. Firstly, we highlight the particularities of communication in the banking sector, based on the results presented in the specialized literature. The functions of marketing communication and the communication process are applied to the specifics of banking institutions and the main communication models that banks can use are indicated, depending on the objectives pursued. Also, the main means of banking communication and how they can be associated with marketing objectives are synthesized. Based on diversification of the means of communication, we emphasized the attention that banks must pay to integrated marketing communication, a concept whose application contributes to the efficiency of communication at the level of each targeted category. In the second part, we addressed the methods that banking institutions can apply to size their communication budget and how the efficiency of its allocation can be evaluated. The data presented are based on the documentary study and the realization of a case study applied to the banking field in Romania. Although the results show that the banking sector in Romania is one of the sectors with the highest advertising expenses, the trends evidenced in terms of banking communication at a global level cannot be ignored, so Romanian banks will have to adapt their communication strategy and, along with this, how the communication budget is allocated. [ABSTRACT FROM AUTHOR]

We investigate the impact of bank market power on the interest rates charged for loans to nonfinancial firms within the context of a developing country. Employing a distinctive amalgamation of data encompassing banks, firms, and loan specifics, alongside panel data fixed-effect models, we elucidate that banks wielding greater market power tend to impose higher interest rates on their loan products. This effect becomes more pronounced for banks positioned at the upper echelons of the market power spectrum (relative market power) and in instances of lengthier credit relationships. However, its severity can be mitigated for firms managing multiple credit connections (subjective market power). Our findings shed light on the presence of practices aimed at extracting economic rents and accentuate the substantial costs associated with changing lending partners in the corporate credit landscape. Various papers have delved into the empirical examination of how competition impacts the accessibility and expenses tied to bank credit for nonfinancial firms, yielding a mosaic of outcomes. Our contribution to this body of the literature manifests as a more incisive empirical analysis, enabling us to disentangle the opposing dynamics at play. This analytical depth is achievable solely due to the exceptional dataset we have curated. Significantly, our study stands out as one of the initial endeavors to interlink dynamic, bank-level gauges of market power with directly observed interest rates at the firm level, all while controlling for bank and loan-specific characteristics. [ABSTRACT FROM AUTHOR]

As financial technology (fintech) is developing rapidly, many commercial banks experience difficulty deciding what kind of fintech to primarily focus on when managing their business. Owing to limited resources and assets, there is a practical need for guidelines for banks' investments in fintech. This study provides a systemic procedure to identify promising fintech groups and their investment priorities. We propose a QFD-based decision support framework for banks by considering both aspects of the emerging fintech push identified using patent topic modeling and the market pull of banking services obtained from a survey of the literature and experts. An empirical application of the proposed QFD framework to major South Korean banks shows that transaction support technology, secure transactions, and trading platforms are the three most important fintech categories. The QFD results are utilized to guide individual banks for further investment strategies such as mergers and acquisitions, strategic partnerships, and spin-off operations. The proposed framework can be generalized and applied to other financial service firms. [ABSTRACT FROM AUTHOR]

We investigate nonlinear effects of bank branch saturation on SMEs' cost of debt at regional level in Slovakia over the period 2013–2019. We adopt the two‐step approach by first constructing model of bank branch localization, and then analyzing effects of positive and negative deviations from the equilibrium level. We observe negative effect of debranching, but report no effect of positive increase in deviations from equilibrium level on SMEs' cost of debt. The most affected firms are middle‐sized, domestically owned, operating in low‐tech industries, and with better creditworthiness. Bank market characteristics also tend to matter for pricing of firm's debt. [ABSTRACT FROM AUTHOR]

Copyright of Brazilian Journal of Education, Technology & Society (BRAJETS) / Cadernos de Educação Tecnologia e Sociedade (CETS) is the property of Brazilian Journal of Education, Technology & Society - BRAJETS and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Using a macro-level dataset covering 173 countries from 2000 to 2020, this study is the first attempt to examine how income diversification and market concentration are related to bank stability. Firstly, we document that bank stability is positively related to revenue diversification, suggesting that banks are more stable when they are more engaged in non-traditional activities. Secondly, market concentration is positively associated with bank stability, in line with the concentration-stability hypothesis that banks in a highly concentrated banking system are more likely to be more stable. Thirdly, we show that market concentration modifies the link between revenue diversification and bank stability. Specifically, it is shown that diversified banks are more stable in a more concentrated environment compared to those on a less concentrated market. These results are robust to multiple regression specifications with different proxies for bank stability and income diversification. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to analyze the effect of entrepreneurial marketing on competitive advantage and Islamic bank performance in Indonesia with the moderating role of vigilant leadership. We used a convenience sampling method to collect data from 204 Islamic bank branches in Indonesia. To test the hypotheses, we employed Smart-Partial Least Square (Smart-PLS) software. The findings indicate that entrepreneurial marketing directly or indirectly (through competitive advantage) influences bank performance. Vigilant leadership does not moderate the influence of entrepreneurial marketing on bank performance. Therefore, Islamic banks in Indonesia need to develop entrepreneurial marketing practices to increase their competitive advantage and bank performance. This study is the first to examine the effect of entrepreneurial marketing on organizational outcomes in Islamic banking and among the first to use vigilant leadership as a research variable in the banking context. [ABSTRACT FROM AUTHOR]

In this article we have analyzed the trend growth of non-banking financial companies (NBFCs) in India as well as the impact of number of NBFCs, policy intervention by RBI, ratio of market to bank borrowings and economy's investment rate on the asset size of NBFCs. Our results highlight the significant negative impact with first two variables and positive but insignificant impact with the other two. This requires policy intervention by RBI to be calibrated in tune with containing the systemic risk and facilitating the growth of NBFCs sector. The optimized policy intervention requires redefining the concept of systemically important NBFCs in India. [ABSTRACT FROM AUTHOR]

The central role of Value-at-Risk (VaR) within bank market risk regulation received significant criticism from financial media and government investigations into the events of the 2007–2009 financial crisis. Impending reform of bank market risk regulation under the Fundamental Review of the Trading Book (FRTB) demotes VaR, replacing it with a layered framework centred on expected shortfall (ES). However, many of these criticisms assume full integration of internal and regulatory market risk models and further, a linear relationship between risk models and regulatory capital. We examine bank practitioners' perspectives and experienced realities to better understand the operational relationship between internal and regulatory market risk models, and between risk models and capital. This has important policy implications for the efficacy of the reforms to banking regulation, financial stability and navigating the dichotomy of private and public interests. [ABSTRACT FROM AUTHOR]

Purpose: The study aims to examine the green finance customers' post-usage continuance behavior based on an extended social support theory (SST). Remarkably, this study explores five indirect predictors of green finance continuance behavior (GFCB) (i.e. environmental consciousness (EC), green bank marketing initiatives (GBMI), informational supports, emotional supports (EST) and psychological reactance) and a mediator (i.e. customer satisfaction). Design/methodology/approach: In this study data were collected from 362 respondents from Bangladesh using a purposive sampling method with a structured self-administrative questionnaire and analyzed by partial least square structural equation and modeling using SMART PLS 3.0 software. Findings: The results depict that the five predictors, i.e. information supports (ß = 0.367, t-statistics = 2.463, p < 0.001), EST (ß = 0.206, t-statistics = 2.315, p < 0.000), EC (ß = 0.324, t-statistics = 3.484, p < 0.000), GBMI (ß = 0.288, t-statistics = 2.028, p < 0.000), psychological reactance (ß = 0.126, t-statistics = 0.969, p < 0.052) influence GFCB while satisfaction is predicted by four predictors except psychological reactance (ß = 0.126, t-statistics = 0.969, p < 0.052). In addition, customer satisfaction (ß = 0.638, t-statistics = 6.317, p < 0.005) also has an impact on continuance behavior. Besides, the study understood that four predictors indirectly influence GFCB through satisfaction except psychological reactance ((ß = 0.080, t-statistics = 964, z = 0.958p < 0.338). Finally, the coefficient of determinations (R2) indicates that the five predictors explained 65.3% of changes in satisfaction, whereas 72.8% of changes are described by the five predictors and customer satisfactions. Practical implications: Finally, this study highlights the social and managerial implications for the implementers of the green finance industry. It is recommended to emphasize green finance practice as it plays a crucial role in promoting environmental protection, ensuring social equity and driving economic growth. The green banking service providers, industry analysts, green consumers and respective government authorities can generalize green finance activities as an essential aspect of sustainable development to equalize the economic growth with a view to protecting environmental collapse and promoting renewable energy, energy efficiency, sustainable agriculture and other environmentally friendly activities. Originality/value: The study will enormously contribute to the existing literature validating the proposed holistic framework applying SST along with EC, GBMI and psychological reactance in green finance continuance behavior. [ABSTRACT FROM AUTHOR]

This paper investigates whether Brazilian Central Bank communication helps to forecast the yield curve. Our forecast strategy involves two steps: First, we analyze textual Central Bank documents to extract sentiment variables that describe its communication, and then, we include those sentiment variables as additional factors into the dynamic Nelson–Siegel term structure model. We found that sentiment variables contain predictive information for yield curve forecasting. Specifically, when combined with macroeconomic variables, the sentiment variables improve the accuracy of the forecast for short maturities and forecast horizons. In addition, sentiment variables are useful in forecasting for medium and long forecast horizons for all maturities. Besides finding a new source of information to forecast the yield curve, the results indicate that the information provided by Central Bank affects market participants, proving to be a useful tool for monetary policy. [ABSTRACT FROM AUTHOR]

The potential of Islamic banking in Indonesia is enormous because 87% of Indonesian population is Muslim. However the fact shows that the market share of Islamic banking is only 6.52% up to now. This study tends to describe the marketing strategy of Bank Syariah Indonesia (BSI). BSI has succeeded in increasing the number of its customers up to 35%, although other Islamic banks only reached approximately 12% per year. The authors would like to search the marketing strategy of BSI and formulate the formulations that can be drawn from this marketing strategy. This research had used qualitative research methods, this research found that BSI carried out the 7P marketing strategy, Compassionate marketing and Islamic Leader approach. The 7P includes the fulfillment of product, price, promotion, place, people, process, and physical evidence. Islamic Leaders Approachwas carried out by visiting(silaturrahim)the Islamic religious leaders with compassion or wholeheartedly. Byconducting this 7P + C +IL strategy, BSI was able to increase its customers from approximately 13% up to 35% per year. [ABSTRACT FROM AUTHOR]

Purpose: Well-functioning banks are essential for the proper development of any economy. In addition, with the development of capital markets, capitalisation has been growing on local stock exchanges. However, the number of listed banks is still limited. These observations make it important to isolate the factors that shape market valuation of banks. This paper reviews the empirical literature on market valuation of banks and classifies the determinants of valuation. Design/methodology/approach: Review of the literature based on an analysis of 30 publications on the market valuation of banks. Findings: The factors that affect bank market valuation can be divided into a number of categories. The first category focuses on the connections between market value and financial aspects of banks. The relationship between the components of bank corporate governance and market valuation is discussed in the second group. We can distinguish between elements relating to boards, ownership structure, and other corporate governance elements in this group. The final section of the literature focuses on external variables that are unrelated to specific bank choices. Additionally, it is clear that Tobin's Q and MTB ratio serve as the two primary indicators of bank market valuation. Research limitations/implications: There are not many research looking at the factors that affect the market value of banks in emerging markets. A study of the market value of banks from these economies could be an important issue for future research. Practical implications: Knowing the elements that influence the market value of banks may be useful for investors considering investing in bank shares. Originality/value: This literature review focuses on isolating external and internal factors that the empirical literature has examined in the context of bank market valuation. This allows us to capture a potential research gap in this topic. [ABSTRACT FROM AUTHOR]