This paper presents empirical evidence of long range dependence in returns and volatility for banking indices for 41 different countries. We employ the Rescaled Hurst analysis and develop a formal statistical procedure to test for long range dependence. This procedure allows to rank these countries by relative inefficiency, which can provide guidance for investors and portfolio managers. Keywor...

the widespread and unprecedented international sanctions against iran have affected the different sectors of the iranian economy, including the banking system as the economic arm of the government. the reaction of the banking system to the challenges posed by the sanctions should be dynamic, sensible and with a consideration of priorities. therefore it is necessary to identify the presented cha...

the next article discusses the world banking system in the 1980's and 1990's. authored by: dr.arasto emami , it presents a n overview of recent developments in international banking and provides prospects for further globalization of banking systems by the turn of the century. dr. emami cites various examples fro m the japanese banking strategies which have helped them achieve a treme...

islamic banking, as a major center for financial transactions in islamic societies,plays a key role in the development of islamic economics. the fundamental essenceof islamic banking system is based on the fact that although, islam has forbidden theinterest in transactions, but trade and profit is encouraged and supported. the actualimplementation of the islamic banking system due to its unique...

Islamic banking, as a major center for financial transactions in Islamic societies,plays a key role in the development of Islamic economics. The fundamental essenceof Islamic banking system is based on the fact that although, Islam has forbidden theinterest in transactions, but trade and profit is encouraged and supported. The actualimplementation of the Islamic banking system due to its unique...

The ability to apply state-of-the-art Internet of Things (IoT) technology to extract customer insights through analytics by shaping the information into consumables for other connected systems is creating a lot of opportunities for banking and financial services. This paper presents an architecture based on Internet of Things for banking and finance sector by managing, mobile, household devices...

This paper investigates the performance of a speech recognizer in an interactive voice response system for various coded speech signals, coded by using a vector quantization technique namely Multi Switched Split Vector Quantization Technique. The process of recognizing the coded output can be used in Voice banking application. The recognition technique used for the recognition of the coded spee...

This paper investigates the performance of a speech recognizer in an interactive voice response system for various coded speech signals, coded by using a vector quantization technique namely Multi Switched Split Vector Quantization Technique. The process of recognizing the coded output can be used in Voice banking application. The recognition technique used for the recognition of the coded spee...