Interest wars a curse to the Nepalese banking sector …… The banking industry of Nepal doesn’t seem to be going in right track. The ongoing interest war and expansion of banking network unprecedentedly has further aggravated the problem. Till date there are already 31commercial banks‚ 75 development banks & 84 Finance Companies in the country. Further few are in pipeline. Alone in Kathmandu there are more than 100 private commercial banks involved in the competition. Opening of branches and
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Central Banking: Recent Trends and Debates Central Bank Independence The term autonomy‚ or independence‚ in context of Central Banks‚ refers to how freely the monetary policy makers can conduct policies with little or no interference from the government. Also referred to as the “autonomy” of Central Banks‚ the definition of independence considers two important aspects. They are political independence and economic independence‚ However‚ nowadays these
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government gradually implemented reforms in the banking industry based on the success of the initial economic reforms. China’s banking system‚ like the economy itself‚ has changed dramatically transforming from a single banking institution that acted as both a central bank and a commercial bank (the People’s Bank of China)‚ to one dominated by publicly traded firms driven by market fundamentals. According to Werner and Chung (2010)‚ the Chinese banking industry has gone through mainly three periods
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Latin America and Russia subsequently and also Dubai Crisis have shown how a fragile financial sector can wreak havoc on the rest of the economy. Therefore the banking sector is crucial and we want to express our views to explore how this sector can work in harmony with the real sector to achieve the desired objectives. the b Banking sector has been immensely benefited from the implementation of superior technology during the recent past‚ almost in every nation in the world. Productivity enhancement
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Costco Wholesale Since 1983‚ Costco Wholesale has risen to the top as the most proficient‚ efficient‚ and effective wholesale distributors in the world. By using a strategy based around ultra-low prices‚ a limited selection of nationally branded private labeled products‚ a treasure hunt shopping environment and operating with low operating costs‚ as well as geographic expansion‚ Costco has been able to distinguish itself from its competitors as the leading wholesale provider in the world. While
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Corporate Governance in Banking: A Conceptual Framework Penny Ciancanelli E-mail: p.ciancanelli@strath.ac.uk And Jose Antonio Reyes Gonzalez E-mail: areyes@eh.quik.co.uk Department of Accounting and Finance Strathclyde University Glasgow‚ G4 0LN Tel: (44) (0) 141 548-3896 Fax: (44) (0) 141 548-3547 This paper can be downloaded from the Social Science Research Network Electronic Paper Collection: http://papers.ssrn.com/paper.taf?abstract_id=253714 Paper submitted for presentation at the
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issue of the corporate governance into forefront of the policy discussions. In an increasingly deregulated policy environment‚ the big corporate failures have raised the need for implementing competent corporate governance practices. The recent financial crises in different countries have verified how the lack of good governance practices in the financial institutions can lead to a crisis in the system leaving long-term consequences to the. Among the financial institutions‚ the corporate governance
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Chapter 1 EXECUTIVE SUMMARY This paper presents the study of market trends of deposits as prevalent in the Nepalese Banking Sector. The study examines the trends of deposits as it is occurring over the last 10 years in the banking sector of Nepal represented by 7 randomly chosen commercial and development banks. 5 being commercial banks and 2 being development banks. The study also draws a comparison between the commercial and development banks. This paper also highlights how Customer relationship
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Costco Wholesale Corporation operates an international chain of membership warehouses‚ mainly under the "Costco Wholesale" name‚ that carry quality‚ brand name merchandise at substantially lower prices than the merchandise typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individual consumers may also purchase for their personal needs. Costco’s
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University of Liverpool (OHE) – Supply Chain Operations Management Module COSTCO WHOLESALE CORPORATION Presented by: Temitope O. Fagade Project proposal and scope: A review of Costco Wholesale Corporation key parameters in supply chain operations with a view to suggesting improvements and operational predictions for better economic impact. 28 February 2012. TABLE OF CONTENTS LIST OF ABBREVIATIONS AND GLOSSARY OF TERMS………………………………………………….. 3 1. EXECUTIVE SUMMARY……………………………………………………………………………………………
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