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
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Authors
Nusrat Jahan, Department of Business Administration, Uttara University, Uttara, Dhaka, Bangladesh
Md. Asif Nawaz, Department of Banking & Insurance, University of Dhaka, Dhaka, Bangladesh
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Abstract
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.
Keywords
Trends in Banking, E-banking, Investment Banking, Islamic Banking, Changes in Regulation of Banking
To cite this article
Nusrat Jahan, 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. doi: 10.11648/j.ijefm.20160403.19
Copyright
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.
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