Financial System & Institutions

Banking and Economic Trends

Introduction: The banking sector is constantly changing as a result of external and economic influences. Since these patterns affect everything from interest rates to investing strategies, understanding them is crucial for banks, investors, and consumers alike. We’ll examine the major banking and economic changes that have been reshaping the financial landscape in recent years in […]

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NeoBanks

Redefining Banking for the Digital Age: The financial sector is changing dramatically in the digital age, and one of the most important technologies to do so is the idea of Neobanks. Neobanks, sometimes referred to as digital banks or online-only banks, are upending the established banking system by presenting a novel method of providing financial

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Ethical Banking Practices

Introduction: Ethical banking practices have received a lot of attention in recent years, as people and society as a whole have become more aware of the environmental, social, and ethical ramifications of financial decisions. Beyond standard banking functions, ethical banking considers the larger impact of financial transactions on people and the environment. This article goes

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Brick and Mortar Model of Banking

Brick and Mortar model concept in banking refers to the traditional physical presence of banks through physical branch locations. It implies that banks have physical buildings “bricks” while representing the physical infrastructure “mortar” that holds the business together where customers can walk in and conduct their banking transactions, as opposed to operating solely through online

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Future of Conventional Banking – Factors Affecting Conventional Banking

The future of conventional banking is expected to undergo significant changes as technology continues to advance and customer preferences evolve. Conventional banking involves physical branches where customers can conduct various financial transactions and access banking services while now technology is changing all the conventional banking concepts which are not much significant. Here are some potential

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Digital Banking: How Banks Operate in the Digital Age

Introduction: The dawn of the digital age has revolutionized the banking industry, transforming the way financial institutions operate and how customers interact with their banks. Traditional brick-and-mortar banking has given way to digital banking, where financial services are delivered through online platforms and mobile applications. This article aims to provide a detailed exploration of how

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Microfinance Impacts on Society

Introduction of Microfinance: Microfinance is a financial service that provides small loans, savings, and other financial services to individuals who are typically excluded from traditional banking services. Microfinance institutions (MFIs) have been instrumental in providing credit and financial services to low-income people in developing countries. In this article, we will explore how microfinance changes society

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Stock Market

The stock market, also known as the equity market, is a platform for buying and selling ownership shares of publicly traded companies. In this article, we will explore what the stock market is, how it works, and its impact on the economy. The stock market is a marketplace where investors can buy and sell shares

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International Day of Banks

Back Ground and History of International Day of Banks: The UN General Assembly (UNGA) adopted resolution 74/245, 19 December 2019,  which designated 4 December as the International Day of Banks in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing important information & knowledge;

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Islamic Banking Versus Conventional Banking – A Comparative Study

Introduction to Islamic and Conventional banking: “Islamic banking is an Ethical and principled Banking System, and its practices are grounded on Islamic principles of Shariah laws. Interest in completely prohibited in Islamic banking. It is an asset based financing, in which trade of elements are prohibited by Islam and are not allowed. For example, you cannot

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