ELECTRONIC BANKING - ADVANTAGES FOR FINANCIAL SERVICES DELIVERY

E-banking is a fully automatic service for traditionally banking customer's products based on information technology platforms. E-banking services provide customer access to accounts, the ability to move their money between different accounts or making payments via e-channels. The advantages generated by this services have determined an accelerate developing of this industry over the entire world. This paper examines some of the advantages of electronic banking products together with the characteristic management issues generated by the implementation of this new channel for financial services delivery.Electronic banking, Internet banking, Home Banking, Mobile Banking.

LIQUIDITY RISK MANAGEMENT IN CRISIS CONDITIONS

In order to measure the liquidity risk we have developed an analysis model, based on stress-testing scenarios, that shows the ability of the bank to face different types of liquidity crisis. The scenarios were designed for each balance sheet position for assets and liabilities: Ordinary Course of Business, Name Crisis (Mild Name Crisis and Severe Name Crisis), Market Crisis (Mild Market Crisis and Severe Market Crisis) that reflects banking sector crisis and persistent recession. This offers a dynamic image about the bank's liquidity in report with different types of liquidity scenarios, but also about the time horizon of analyze. The research also wants to highlight the most significant features to consider in order to implement an effective liquidity risk management and to achieve a more integrated supervisory framework.liquidity risk, name crisis, market crisis, liquidity limits, gap analysis

Interest rate risk management - calculating Value at Risk using EWMA and GARCH models

Value at risk assesses financial risk by evaluating the probability of loss that results from stochastic variation of the rate of return. The methodology is based on historical data reflecting this variation, usually as an estimated probability of default function. The fact that return distributions are not constant over time poses exceptional challenges in the estimation. In order to remedy this problem we can estimate the volatility of the financial variables using EWMA and GARCH models, that are robust to fat-tailedness in the conditional distribution of returns. The assessment of the models’ performance is based on a range of measures that address the conservativeness, accuracy and efficiency of each one.value at risk, time varying volatility, EWMA model, GARCH model, interest rate risk

Using stress testing methodology in evaluating banking institution’s exposure to risk

In order to correctly estimate the unpredictable effects on their transaction portfolios, the banks developed stress testing methods which turned out to be a very important tool in the bank supervision process. Moreover, the supervision authorities started using stress-testing methods for evaluating systemic risk and for determining the adequacy degree of capital in the banking sector. Taking into account the importance of these simulations, the present paper presents methodologies with which stress testing methods could be implemented by banks as well as their role in the management of credit risk, market risk and liquidity risk while also meeting the requirements imposed by the Basel II accord. By means of a case study we have simulated several scenarios in which the inter-bank market interest rate was varied, quantifying its impact on bank revenues as well as on the market value of their portfolios.stress testing, credit risk, market risk, liquidity risk, capital adequacy, Basel II Accord

GEOGRAPHICAL INFORMATIONAL SYSTEMS - APPLICABILITY IN INVESTMENTS AND BANKING

Supported by information systems, the regional or world economy transformed itself in a global economy. Taking fast and optimal decisions is needed for each step an individual or an organization makes in order to support competitiveness in the context of radical evolution of the world economy. When dealing with fundamental decisions, spatial information plays an important role because it allows integration of data from various domains, having multiple connections, as well as their visualization and analysis in a useful, suggestive and efficient manner. Decision support systems (DSS) are spatially based computer applications and data which assists managers in making decisions. Since Geographical Informational Systems technology has a great deal to offer to the mortgage finance industry the goal of this paper is to analyze the main theoretical and practical approaches regarding the role of the geographic location and spatial relationships over the outcomes of the banking, housing and mortgage market.Investment, Banking, GIS Modeling, Decision Making System, Spatial Analysis

Lingkungan Sosial Budaya dan Persepsi Pelanggan terhadap Pengobatan Luar Puskesmas (Kasus di Kota Kotamobagu dan Kabupaten Bolaang Mongondow Utara, Provinsi Sulawesi Utara)

Social cultural environment and Clients perception to the traditional health services considered as two important aspects. Social culture environment measured by social culture values and locality wisdom aspects. Clients perception to the traditional health services measured by perception to traditional mid-wife and perception to the traditional health service. Social culture environment that oriented to the health service has a high category, on the other hand, clients perception to the traditional health services has a middle category. Extention education is needed to improve the client's behavior