Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh
International Journal of Economics, Finance and Management Sciences
Volume 4, Issue 3, June 2016, Pages: 157-164
Received: May 11, 2016;
Accepted: May 26, 2016;
Published: Jun. 7, 2016
Views 6693 Downloads 163
Nusrat Jahan, Department of Business Administration, Uttara University, Uttara, Dhaka, Bangladesh
Md. Asif Nawaz, Department of Banking & Insurance, University of Dhaka, Dhaka, Bangladesh
Economy of the world is being dominated by the banking industry. This industry has emerged since its birth. Today banking is known as innovative banking. This industry has gone through many changes. Journey of banking began with collection of money. And after all these years, banking industry has become an essential part of our lives. This paper deals with the changes and trends that have been experienced by banking industry. Today, banking services are not only limited to collecting deposits or lending money. We now enjoy services like E-banking, Investment banking, Islamic banking and so on. This paper focuses on the changes in the regulations of banking industry too. Banks has become a one stop shopping mall now. For this reason the term universal banking is invented.
Md. Asif Nawaz,
Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh, International Journal of Economics, Finance and Management Sciences.
Vol. 4, No. 3,
2016, pp. 157-164.
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/
) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Bank Porikroma, Bangladesh Bank.
Recent trends and developments in e-banking in anunder developed nation – an empirical study.
Trends in the banking industry.
Allen, F. & Gale, D. (2000). Comparing Financial Systems. Boston, MA: MIT press.
Benhabib, J. & Spiegel, M. M. (2000). The Role of Financial Development in Growth and Investment. Journal of Economic Growth, 5, 341-360.
Besanko, D. & Thakor, A. (1992). Banking Deregulation: Allocational consequences of relaxing entry barriers. Journal of Banking and Finance, 16, 909-932.
Brownbridge, M., & Gockel, A. F. (1996). The Impact of Financial Sector Policies on Banking in Ghana. Sussex: Institute of Development Studies.
Burki, A. A., & Niazi, G. S. K. (n. d.). Impact of Financial Reforms on Efficiency of State-owned, Private and Foreign Banks in Pakistan. CMER Working Paper No. 06-49, Lahore: Lahore University of Management Sciences. Retrieved from http://www.eastasiaforum.org/testing/eaber/sites/default/files/documents/LUMS_Burki_2006.pdf.
Caprio, G. & Klingebiel, D. (1999). Episodes of systematic and borderline financial distress. USA: The World Bank.
Claessens, S. & Laeven, L. (2004). What drives bank competition? Some international evidence. Journal of Money, Credit and Banking, 36, 563-584.
Cooray, A. (2003). An Evaluation of the Financial Reform Process in Sri Lanka. Sri Lanka Economic Journal, 4 (1), 1-23.
Dunham, D. & Kelegama, S. (1996). Economic Liberalisation and Structural Reforms: The experience of Sri Lanka 1977-93. New Delhi, India: New Age International Publishers.
Golubović, S., & Golubović, N. (2005). Financial Sector Reform in the Balkan Countries in transition. Facta Universitatis Economics and Organization. 2 (3), 229-236.
Heffernan S. A., & Fu, X. (2009). The Effects of Reform on China's Bank Structure and Performance. Journal of Banking and Finance. 33 (1), 39-52.
Levine, R. (2005). Finance and Growth: Theory and Evidence. In P. Aghion & S. Durlauf (Ed.), Handbook of Economic Growth (pp. 865-934). Netherlands: Elsevier B. V.
Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22 (1), 3-42.
McKinnon, R. I. (1973). Money and Capital in Economic Development. Washington D. C.: The Brookings Institution.
Rajan, R. (1992). Insider and Outsiders, the Choice between Informed and Arm's-Length Debt. Journal of Finance, 47, 1367-1400.
Reddy, Y. V. (2005). Governor's speech. Bankers' Institutions, Karachi, May 2005.