Agrowing literature explores the concept of free banking on both a theoretical and an historical basis. George Selgin (1988) sets out the theory of free banking and makes a compelling case that, despite the uniqueness of money, the forces of supply and demand are more conducive to monetary stability, correctly understood, than are the edicts of a central bank. Larry White (1984), focusing on th...

The banking industry in Oman is of major importance to Oman’s economy, yet Omani banks continue to conduct most of their transactions using traditional methods. A strong banking industry significantly supports economic development through efficient financial services, and their role in trying to achieve the objectives outlined by the Sultan of Oman will depend heavily on the industry’s capabili...

The impact of foreign banks entry on the banking sector has been well documented in the literature. However, these studies have been confined to the conventional banking sector. On the other hand, virtually nothing has been published in respect to the impact of foreign banks entry on the Islamic banking sector. The purpose of the present paper is to provide new empirical evidence on the impact ...

The author reviews the theoretical and empirical literature to examine the traditional perception that the following trade-off exists between economic efficiency and stability in the banking system: a competitive banking system is more efficient and therefore important to growth, but market power is necessary for stability in the banking system. That this trade-off exists is not clear. Market p...

This study aims to provide marketing decision makers in the banking sector with a useful insight into the bank selection criteria of a profitable niche segment of university students. Exploratory factor analysis was employed to examine a sample of 152 respondents chosen from a student population in North Wales using a systematic random sampling method. The findings reveal that the most importan...

This paper is a review of existing literature on the topic of user-friendliness in online banking security systems. The research presented herein seeks to promote critical thought on finding the most effective immediate steps online banks can take to better protect their customers, given what is currently understood about how users perceive and interact with online security systems.

Efficiency and quality of services are crucial to today’s banking industries. The competition in this section has become increasingly intense, as a result of fast improvements in Technology. Therefore, performance analysis of the banking sectors attracts more attention these days. Even though data envelopment analysis (DEA) is a pioneer approach in the literature as of an efficiency measurement...

The banking industry is a strong leader in the use of Internet technologies for revolutionizing customer services. This study explores demographic and financial factors that may affect the use of Internet-Banking (IB) services provided by a large bank. The study analyzed certain IB activities for a large sample of the bank's customers. The analysis highlights some usage characteristics and patt...