International Journal of Economics, Finance and Management Sciences

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Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh

Received: 11 May 2016    Accepted: 26 May 2016    Published: 07 June 2016
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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.

DOI 10.11648/j.ijefm.20160403.19
Published in International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 3, June 2016)
Page(s) 157-164
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Trends in Banking, E-banking, Investment Banking, Islamic Banking, Changes in Regulation of Banking

References
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[2] Recent trends and developments in e-banking in anunder developed nation – an empirical study.
[3] Trends in the banking industry.
[4] Allen, F. & Gale, D. (2000). Comparing Financial Systems. Boston, MA: MIT press.
[5] Benhabib, J. & Spiegel, M. M. (2000). The Role of Financial Development in Growth and Investment. Journal of Economic Growth, 5, 341-360.
[6] Besanko, D. & Thakor, A. (1992). Banking Deregulation: Allocational consequences of relaxing entry barriers. Journal of Banking and Finance, 16, 909-932.
[7] Brownbridge, M., & Gockel, A. F. (1996). The Impact of Financial Sector Policies on Banking in Ghana. Sussex: Institute of Development Studies.
[8] 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.
[9] Caprio, G. & Klingebiel, D. (1999). Episodes of systematic and borderline financial distress. USA: The World Bank.
[10] Claessens, S. & Laeven, L. (2004). What drives bank competition? Some international evidence. Journal of Money, Credit and Banking, 36, 563-584.
[11] Cooray, A. (2003). An Evaluation of the Financial Reform Process in Sri Lanka. Sri Lanka Economic Journal, 4 (1), 1-23.
[12] Dunham, D. & Kelegama, S. (1996). Economic Liberalisation and Structural Reforms: The experience of Sri Lanka 1977-93. New Delhi, India: New Age International Publishers.
[13] Golubović, S., & Golubović, N. (2005). Financial Sector Reform in the Balkan Countries in transition. Facta Universitatis Economics and Organization. 2 (3), 229-236.
[14] 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.
[15] 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.
[16] Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22 (1), 3-42.
[17] McKinnon, R. I. (1973). Money and Capital in Economic Development. Washington D. C.: The Brookings Institution.
[18] Rajan, R. (1992). Insider and Outsiders, the Choice between Informed and Arm's-Length Debt. Journal of Finance, 47, 1367-1400.
[19] Reddy, Y. V. (2005). Governor's speech. Bankers' Institutions, Karachi, May 2005.
Author Information
  • Department of Business Administration, Uttara University, Uttara, Dhaka, Bangladesh

  • Department of Banking & Insurance, University of Dhaka, Dhaka, Bangladesh

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  • APA Style

    Nusrat Jahan, Md. Asif Nawaz. (2016). Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh. International Journal of Economics, Finance and Management Sciences, 4(3), 157-164. https://doi.org/10.11648/j.ijefm.20160403.19

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    ACS Style

    Nusrat Jahan; Md. Asif Nawaz. Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh. Int. J. Econ. Finance Manag. Sci. 2016, 4(3), 157-164. doi: 10.11648/j.ijefm.20160403.19

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    AMA Style

    Nusrat Jahan, Md. Asif Nawaz. Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh. Int J Econ Finance Manag Sci. 2016;4(3):157-164. doi: 10.11648/j.ijefm.20160403.19

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  • @article{10.11648/j.ijefm.20160403.19,
      author = {Nusrat Jahan and Md. Asif Nawaz},
      title = {Trends and Changes in Banking Sector of a Developing Country: The Case of Bangladesh},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {4},
      number = {3},
      pages = {157-164},
      doi = {10.11648/j.ijefm.20160403.19},
      url = {https://doi.org/10.11648/j.ijefm.20160403.19},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijefm.20160403.19},
      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.},
     year = {2016}
    }
    

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    AB  - 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.
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