Banking competition and economic growth: cross-country evidence

The aim of this paper is to analyse the effect of banking competition on industry economic growth using both structural measures of competition and measures based on the new empirical industrial organisation perspective. The evidence obtained in the period 1993–2003 for a sample of 53 sectors in 21 countries indicates that financial development promotes economic growth. The results also show that bank monopoly power has an inverted-U-shaped effect on economic growth, suggesting that bank market power has its highest growth effect at intermediate values. The latter result is consistent with the literature on relationship lending, which argues that bank competition can have a negative effect on the availability of finance for companies that are informationally more opaque.     

Banking stability,competition, and economic volatility

The paper analyzes the influence of banking stability on the volatility of industrial value added using data for 110 countries. Our results confirm the relevance of lending and asset allocation effects because banking stability reduces the volatility of value added more in industries that have greater external financial dependence and intangible intensity when they are located in countries with more developed financial and institutional systems. Moreover, banking stability helps reduce economic volatility more in countries with less bank market competition. We control for recessions, reverse causality problems, and endogeneity of banking stability.     

美国银行业股权激励与中国实践

股权激励机制最早产生于20世纪70年代的美国.自20世纪80年代以来,股权激励机制在发达国家的上市公司中被广泛应用.本文在着重分析美国银行业股权激励机制的基础上,对我国银行业实施股权激励做些探讨.     

基于风险视角的伊斯兰银行与传统银行的比较

本文在对伊斯兰金融发展及其风险管理研究进行文献综述的基础上,对伊斯兰银行与传统银行在风险管理方面的异同和可鉴之处分别进行介绍、比较和分析,探索性地提出我国试点开展伊斯兰金融业务的风险管理策略。     

Banking deregulation and innovation

We document empirical support for a key micro-level channel—innovation by young, private firms—through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk of innovation by young, private firms. In contrast, interstate banking deregulation, which decreased the local market power of banks, increased the level and risk of innovation by young, private firms. These contrasting effects on innovation also translated into contrasting effects on economic growth. Our study suggests that the nature of financial sector deregulation crucially affects its potential benefits to the real economy.     

银行机构发展银担合作业务存在的问题及政策建议

银行开展银担合作业务是破解小微企业和"三农"融资难、融资贵问题的重要手段和关键环节,也是自身拓展业务范围、提升生存空间的必然选择。银担合作虽然取得了一定成效,但存在的问题不容忽视,需从建立信用评级机制、建立统一监测系统、加大扶持力度、加强合作风险管控等方面来加以解决。     

银行看台

工商银行:正式推出逸贷信用卡4月15日,工商银行正式推出逸贷信用卡。该卡是一款消费分期产品,以信用卡为介质,实行基准利率,不能用于透支取现和透支转账,只能直接用于分期消费,是专门为工商银行代发工资客户量身定制的分期付款专用信用卡。逸贷信用卡在代发工资客户申请简便的同时,拥有多种还款渠道可供选择,包括营业网点、自助终端、网上银行、电话银行、手机银行等,客户还可指定账户自动还款。     

银行盘点

中国工商银行推出个人账户钯金定投和双向交易业务 事件：工行近日在全国范围内正式推出个人账户钯金定投和双向交易业务,成为国内首家推出此项业务的商业银行。     

银行看台

工行：推出“积存金”黄金投资新品2010年12月16日,中国工商银行与世界黄金协会在北京联合推出黄金投资新产品——“工银金行家积存金”。“积存金”是国内首款以“日均价格灵活积蓄”的权益凭证武低风险黄金投资产品,开创了黄金投资理财的新模式。“积存金”适合一般投资者由此开始进入黄金投资领域,通过此产品定期定额每天购买黄金,最终起到保障资产和优化投资组合的作用。     

银行盘点

事件：近期．中国工商银行在全国范围内正式推出了工银环球旅行全币种芯片信用卡。工银环球旅行全币种芯片信用卡最大的特点是“O货币转换费”。不管当地使用何种货币．     

银行看台

工行:拓展钻石金融业务10月24日,中国工商银行与比利时安特卫普世界钻石中心在京签署了框架合作协议,开启了双方在钻石金融领域的相关合作。根据协议,工行将为安特卫普世界钻石中心提供专业优质的金融服务,依托该行的全球网络和先进的IT系统向安特卫普的钻石企业提供贸易及商品融资、全球现金管理等相关业务。而安特卫普世界钻石中心则将协助工行进入钻石金融领域,协助该行布鲁塞尔分行开展钻石金融业务,并在全球范围内为工行的重点客户提供同等品质下具有竞争力价格的钻石商品。     

银行看台

工行:推出"积存金"黄金投资新品2010年12月16日,中国工商银行与世界黄金协会在北京联合推出黄金投资新产品——"工银金行家积存金"。"积存金"是国内首款以"日均价格灵活积蓄"的权益凭证式低风险黄金投资产品,开创了黄金投资理财的新模式。"积存金"适合一般投资者由此开始进入黄金投资领域,通过此产品定期定额每天购买黄金,最终起到保障资产和优化投资组合的作用。