International Bank Research Articles

Развитие трансграничных платежей с использованием цифровых валют центральных банков

Traditionally, transborder settlements and payments were carried out on the basis of international correspondent banking, but in recent years, due to active development of digital technologies, opportunities appeared allowing to develop new models for transborder settlement and payment systems. The article analyzes the construction and usage of central bank’s digital currencies (CBDC) for transborder payments and settlements. Theoretically, it is possible to suggest three different models for conducting transborder settlement and payment transactions using wholesale CBDC. They are model of compatible systems of central bank’s digital currencies; model of interlinked systems of central bank’s digital currencies; model of a single multicurrency system of central bank’s digital currencies. Each of these models has its advantages as well as political, legal, and technical limitations. Prototypes of these three models were tested within various international projects that are presented in the article. The authors systematized the strengths of the proposed projects as well as identified problems that have not yet been resolved that hinder the development of cross-border settlement systems based on the CBSS, including: ensuring data confidentiality; lack of effective interoperability models between traditional financial infrastructure systems and DLT-based systems using different technologies; achieving sustainable operation and scaling: adherence to compliance requirements; ensuring operational reliability and sustainability; search for new functionality of technologies; protection of monetary sovereignty.

Impact on Bank-Specific and Macroeconomic Factors on Liquidity of Domestic and Foreign Commercial Banks in Malaysia

The objective of this paper is to investigate the impact of bank-specific and macroeconomic factors on the liquidity of commercial banks in Malaysia. The study focuses on a sample of 18 banks, including 10 international banks and 8 local banks, from 2009 to 2020. The research utilizes regression analysis, Diagnostic Checking Test and Pooled Ordinary Least Square, to see how different factors affect liquidity determinants between international and local banks. The results reveal that international banks tend to be more liquid than local banks, and the liquidity determinants differ between the two groups. While certain factors are crucial for local banks, they may not be as significant for foreign banks. For instance, the exchange rate has a significant impact on the liquidity risk of local banks, but not on international banks. However, some determinants, such as bank size, leverage, and financial crisis, are found to be significant for both international and local banks. Interestingly, the study also highlights that the liquidity risk posed by international banks remains unaffected by global financial crises., whereas local banks in Malaysia are negatively impacted. This suggests that local banks are less resilient than international banks during financial crises. The findings of this study have practical implications, as they can assist banks in formulating effective liquidity strategies and providing insights to the government for policy interventions to enhance the chances of bank survival, particularly during financial crises.

A brief encounter: North Korea in the Eurocurrency market, 1973–80

ABSTRACT This article examines the engagement of North Korea in the Eurocurrency market in the 1970s. In the Cold War regime competition for economic prosperity, the communist regime turned to the City of London to raise capital for economic development. Despite the diplomatic efforts of South Korea against its rival, the judges were international banks. The failure to manage its indebtedness resulted in the retreat of the North in the Western financial market. Lost creditworthiness was hard to restore. The divergence in the access to foreign capital resulted in the different paths of economic growth of the two Koreas.

IMPACTS OF THE AFGHAN FROZEN ASSETS ON THE TRADE AND BAKING OF AFGHANISTAN

Valuable assets are reserves under the jurisdiction of the country's central bank that are used to support the national currency in emergency situations and financial crises in order to reduce currency fluctuations and access to services. Afghanistan has about nine and a half billion dollars of assets, which have been kept in various international banks and reputable financial organizations to stabilize the Afghan currency and strengthen and improve Afghan national and international trade. In 2021, when the Taliban took power in Afghanistan, the assets of Afghanistan were frozen by the United States of America, which created problems and shortcomings for the current Afghan government and the people of Afghanistan.
 The significance of the research study is to elaborate on and discuss the impacts of the Afghan frozen assets on the society, finance, and business sectors of Afghanistan and to find a fair solution to get rid of the mentioned challenges and drawbacks. The purpose of this research study is to identify and introduce the assets of Afghanistan, provide accurate data about the assets of Afghanistan, and describe their impact on the business and banking sectors.
 The doctrinal research methodology and descriptive, explanatory, and analytical research approaches are used in this work. It is worth mentioning that this research study is entirely based on library sources. The researcher concluded at the end of the research study that the issue of frozen assets, deteriorating economic conditions, unemployment, and non-recognition of the ruling government of Afghanistan are the major shortcomings confronting the Afghan banking and trade sectors.

Finance Risks and Sources of Financing Sustainable Development: Global and Russian Aspects

In times of sharp aggravation of the sanction war against the Russian Federation, global power crisis and highest geo-political and geo-financial risks the world community, including the Russian Federation, keeps on moving towards carbon neutrality. It takes place in spite of dropping global investment caused by the pandemic and sanctions, reduction in carbon deals and turbulent finance and power markets. On this way within the frames of the green agenda serious risks such as deficit of sustainable development financing, low share of undeveloped countries and prevalence of state funds in financing were encountered. The article estimates investment needs of the global program of sustainable development by industries, where the highest share falls to power engineering. It identifies sources of investment: private capital of institutional investors, international finance organizations, international banks of development and state funds. And finally, it provides expert opinions of the IMF concerning the volume of deficit in financing and problems of undeveloped countries, which due to limited national finance markets cannot use market financial tools of investment raising for projects of green technologies. The authors focused on the most capital-intensive industry of the green agenda, i.e. power and on energy-transition to carbon neutrality. They pointed out to finance risks of energy-transition and such urgent problems, as searching for sources of financing, for investors that are ready to put capital into risky low-carbon projects with a long pay-back period, building new finance schemes of participant interaction, developing innovative finance products.

The Anatomy of Three Scandals: Conspiracies, Beauty Contests, and Sabotage in OTC Markets

Until the Great Recession, the largely unregulated over-the-counter (OTC) markets had received little attention from compliance officers, regulators, and lawmakers. Perhaps more important than the lack of regulatory framework as such, the markets were widely perceived to be sufficiently large, liquid, efficient and competitive to withstand manipulative and collusive attempts by traders and banks. However, the status quo was radically altered in 2012, when it was revealed that major international banks had systematically manipulated the world’s most widely used interest rate benchmark. The “LIBOR scandal” was quickly followed by a “Forex scandal” and the discovery of grave misconduct in a range of other OTC benchmarks and markets. At the time of writing, government bonds traded on electronic trading platforms are under particular scrutiny. This paper draws on the concepts of conspiracies, beauty contests, and sabotage to reflect on why it took so long for the scandals to be discovered.

Determinants of coal exit strategy in the banking industry

In recent years, an increasing number of major international banks have begun to announce their exit from the coal sector, in response to the trend initiated by public actors such as governments and related public sector financial institutions. This article examines the determinants of coal exit strategies of international banks. Using a sample of 111 banks from 31 countries and a PLSPM methodology, the results show that: 1) the announced strategies are particularly partial in nature and the financing allocated to coal firms is still high, 2) external variables (i.e., national and institutional contexts) significantly influence exit scores, notably coal dependence, progress in the energy transition and the environmental performance of the home countries, 3) with the exception of size, internal variables (e.g., exposure to the sector, risk and profitability) have no impact on coal exit scores. Banks therefore adopt a defensive strategy: the managerial decision echoes national energy and environmental policies, which underlines the crucial political and regulatory role of governments in influencing bank strategies.

Formulation of a corporate governance index for banking sector: The GIB.X62

The purpose of this research is to define a new international corporate governance index for the banking sector (GIB.X62) based on 62 criteria and 7 internal performance indicators related to board of directors, internal audit, compensation, risk management, nomination, compliance, ethics, transparency and disclosure. The new index model was applied on 7 different banks from US, France, Spain, Italy, Lebanon, Egypt and Jordan in 2021. The GIBX(62) can be generalized and applied by the international banks to measure their corporate governance efficiency. In addition, the GIBX(62) can be used by shareholders, depositors and regulators at the national and international level to monitor the process of corporate governance practices in banking sector.

A New Era of Banking in Georgia: Prospects of Digital Bank

The development of digital banks represents an essential innovation in the banking industry. These banks are financial institutions that offer services such as online banking, mobile banking, and virtual debit cards. Digital banks offer customers low fees, a convenient interface, innovative products, and 24-hour banking services. Digital banks are expected to become even more popular and offer many innovative products. During the last few decades, the banking sector in Georgia has developed very actively. Leading banks have created many innovative products and listed their shares on the stock exchange. In the business sector, banks have created a certain trend associated with innovation and development. The regulations, policies, etc. adopted by the National Bank of Georgia have established a single standard in the banking sector, thereby protecting the interests of consumers and creating common rules for the financial sector. Along with constant changes, the National Bank of Georgia also develops new directions for the banking sector and tries not to lag behind world trends. On November 17, 2022, the National Bank of Georgia issued the first license for digital banking activities. According to the digital bank licensing principles developed by the National Bank, after assessing the applicant's business model and compliance with the requirements established by law, a banking license is issued with certain restrictions, and a deadline is set for the full operation of the digital bank and the gradual filling of the minimum amount of supervisory capital. What opportunities does the development of digital banks in Georgia give us, and what is the experience of international digital banks? In the modern world, the development of globalization and information technology has made it urgent to move the economy to a fundamentally new level. It should be noted that the use of existing methods in the modern economy does not contribute to rapid growth, and the digital economy allows a country to significantly change its position on the world stage. This leads to the generally accepted opinion that the development of the country as a whole is possible with the effective introduction of modern technologies in all spheres of the economy. An ecosystem is a group of organizations that provide continuous interaction with each other using Internet services, technological platforms, government services, and information systems. Initially, the active implementation of digital technologies began in the banking sector, which controlled gold and currency flows. As the most important segment of the economy of any state, the financial sector today reflects the most progressive solutions in digitalization. The innovations proposed in this area aim to improve financial efficiency through better and more personalized services, as well as lower costs for clients. Today, the financial system is undergoing a new evolution in the digital economy. Digital transformation is transforming business models and the banking sector, from the creation of internet banking to remote financial transactions. Thus, modern technological evolution serves as the basis for the sustainable and long-term growth of banks' activities. Keywords: Digital bank, Innovative products, Modern technologies, POS terminal, Digitalization, E-commerce, FinTech, Online orders.

Measuring Financial Reporting Quality in Private Banks: A Comparative Study Between Banks Adopted International Accounting Standards and Banks Adopted Local Accounting Standards

This research examines financial reporting quality in the banking sector of developing countries. through testing whether managers manipulate estimated components of Loan Loss Provision (LLP). And since accounting estimation process depends on professional judgment and flexibility granted by accounting standards. This research hypothesizes that the adoption of international accounting standards improves financial reporting quality in developing countries by limiting earnings management behavior. However, theresults showed that financial reports based on local accounting standards are better than financial reports based on international accounting standards. The findings were discussed. Some recommendations and suggestions were provided

ВПЛИВ ДІЯЛЬНОСТІ ТРАНСНАЦІОНАЛЬНИХ БАНКІВ НА БАНКІВСЬКУ СИСТЕМУ

In the current stage of international economic relations and the global economy, globalization and transnationalization are key processes present in all areas of the economy, including the banking system. Transnational banks play an important role in international economic relationships by acting as intermediaries on the financial market. Thus, their role is growing in the condition of further development of the globalization process. Transnational banks are spreading all over the world due to the increase in demand for banking operations and the rapid growth of the international capital market, creating branch systems in foreign financial markets by connecting with the banking capital of various states. Although domestic and foreign scientists have covered studies on the impact of the activities of transnational banks in the conditions of globalization of the world economy, some issues related to the effectiveness of the activities of transnational banks and the regulation of TNBs require further consideration. The object of the research is the largest transnational banks in the world, while the subject of the research is the activity of the largest transnational banks in the situation of transnationalization and globalization processes' development. The article aims to examine the concept of a transnational bank as a subject of the international banking system, determine the impact of the presence of a transnational bank on the country's economy in the context of globalization, and analyze the impact of the activities of transnational banks and banks with foreign capital on the banking system of Ukraine. The main research methods used are the statistical method, synthesis method, system-structural method, and generally philosophical method. The research results analyze the positive and negative effects of TNB activities, define the consequences of the influx of foreign capital, and identify situations where it is worth restraining the activities of transnational banks and where, on the other hand, it is worth encouraging the placement of branches of transnational banks in the country.

International agreements and the plant genetics research community: A guide to practice

Plant genetic resources (PGR), including collections held in national and international gene banks, provide access to a wide array of genetic diversity and are critical to genomics research, conservation efforts, and applied breeding. Yet, there is a general lack of awareness in the research community about the rules and treaties that govern the use of PGR, about access and benefit sharing obligations contained in international treaties and/or national laws, and about how best to comply with potentially applicable requirements. This article provides a brief history and overview of three key international agreements, namely the Convention on Biological Diversity, the Nagoya Protocol, and the International Treaty on Plant Genetic Resources for Food and Agriculture, which collectively address responsibilities and obligations related to the use of much of the world’s PGR. By highlighting the coverage and key considerations of each agreement, the article provides a guide for those who use PGR in plant genetics research to better understand when and how international agreements apply, and—where the rules are unclear—to suggest best practices for compliance with existing agreements.

Digital Banking Transformation Through Cooperation with Fintech Startups in Ukraine

The purpose of the article/hypothesis: Is to identify the peculiarities of Fintech startups activities, to track trends and perspectives of interaction between classic banks and Fintech companies, as well as to research the activities of neobanks and formulate proposals for improving the Fintech ecosystem in Ukraine with the aim of providing quality digital financial services to various categories of consumers.
 Methodology: Methods of statistical analysis, analogy, synthesis and theoretical generalization were used when researching the materials of specialized analytical agencies, official websites of foreign and domestic banks, state financial strategies and scientific literature.
 Results of the research: The active growth of a number of Fintech startups in the world and in Ukraine forms a positive dynamic of the digital transformation of the banking sector. The cooperation between banks and Fintechs allows the use new innovative products in banking, such as artificial intelligence, robo-consultation, blockchain, cryptocurrencies, the Internet of Things, virtual and augmented reality. For the further digital transformation of banking in Ukraine the financial market participants must implement international open banking standards and tools for remote identification and verification of clients, actively introduce artificial intelligence and machine learning tools into finance, and develop a Fintech ecosystem.

GREEN TREND IN INTERNATIONAL BANKING BUSINESS: OPPORTUNITIES FOR UKRAINE

The main forces influencing the bank's decision to switch to green banking are systematized, the potential for its growth in Ukraine is identified. Green banking in developing countries is explored, taking into account the growing need for finance to combat climate change in this group of countries. The conceptual and categorical apparatus of green finance research is improved due to the presentation of the author's approach to the interpretation of the "green bank" category, which is understood as a bank that, in both its credit and investment activities, gives priority to environmental protection over profit maximization. Based on the analysis of the latest scientific research, the systematic identification and classification of factors influencing the bank's decision to switch to green banking, which include economic (bank competition) and non-economic (ecological, cultural, moral, political) factors, are improved. It is concluded that the motives and pressure on banks for their switch to green banking have, unlike the factors, more subjective nature and are closely related to the future benefits or losses that each specific bank plans to receive or incur as a result of such switch. The ultimate goal of most motives is to increase the value of the bank, but political and economic motives for expansion and various non-economic goals of some international banks should be factored in, since they can significantly limit the effect of the market mechanism in the banking systems of recipient countries and lead to increased instability. Motives (risk avoidance, cost reduction, reputation improvement, profit maximization) are proposed to be identified as positive incentives for banks to switch to green banking, and pressure (regulatory or governmental; from stakeholders, customers and employees) as negative ones. Opportunities and challenges for international banking business in the process of the switch to green banking are considered. In the context of global trends in the development of international banking business, the development potential of green banking in Ukraine is analyzed.

Original and introduced lineages co-driving the persistence of Brucella abortus circulating in West Africa.

Brucellosis, a serious public health issue affecting animals and humans, is neglected in West Africa (WA). In the present study, bio-typing, multi-locus sequence typing (MLST), multiple-locus variable-number tandem repeat analysis (MLVA), and whole genome sequencing single-nucleotide polymorphism (WGS-SNP) analysis were used to characterize the Brucella abortus (B. abortus) strains from WA. All of the 309 strains analyzed in this study were extracted and downloaded from the international MLVA bank and were from 10 hosts (cattle, humans, ovine, buffalo, dromedaries, horse, sheep, zebu, dog, and cat) distributed in 17 countries in WA. Based on the bio-typing, three biovars, dominated by B. abortus bv.3, were observed and reported across seven decades (1958-2019). With MLST, 129 B. abortus strains from the present study were sorted into 14 STs, with ST34 as the predicted founder. These 14 STs clustered into the global MLST data into three clone complexes (C I-C III) with the majority of strains clustering in C I, while C II forms an independent branch, and C III harbors three STs shared by different continents. These data revealed that most cases were caused by strains from native lineages. According to the MLVA-11 comparison, 309 strains were divided into 22 MLVA-11 genotypes, 15 of which were unique to WA and the remaining seven had a global distribution. MLVA-16 analysis showed that there were no epidemiological links among these strains. Based on the MLVA data, B. abortus strains from WA have high genetic diversity, and predominated genotypes were descended from a native lineage. While the MLVA-16 globally highlights that the dominant native and few introduced lineages (from Brazil, the USA, South Korea, Argentina, India, Italy, Portugal, the UK, Costa Rica, and China) co-driving the B. abortus ongoing prevalence in WA. The high-resolution SNP analysis implied the existence of introduced B. abortus lineages, which may be reasonably explained by the movement and trade of dominant hosts (cattle) and/or their products. Our results indicated that B. abortus strains in WA consist of native and introduced strains that necessitate control such as vaccination, testing, slaughtering, and movement control by the relevant country authorities to reduce brucellosis in livestock.

Hierarchical tendencies, functional specializations, and (in)stability across European banking centers

Drawing on conceptual research exploring how evolving geographies of finance inform urban and regional change, we examine the size and functional scope of the presence of leading global banks across functional urban areas in Europe. Based on data for 100 major global banks, we find that their overall presence is proportional to (the square root of) the national gross domestic product. London and Luxembourg host far more banks than can be explained by their national gross domestic product, which can be traced back to their export of banking services. We also analyze the geographies of specialized banking services per city. Corporate and investment banking are mainly explained by national gross domestic product, with London emerging as the most prominent center. Private banking and securities services, in turn, are largely independent of national gross domestic product and rely on the importance of small and specialized economies such as Luxembourg and St Helier (Jersey). The stability of Europe’s banking centers is underpinned by their role as the national banking center and/or their specialization in international banking services, as well as manifested in specialized subnetworks of financial centers.

MANAGEMENT OF FINANCIAL FLOWS OF HOLDINGS

Holding companies operate quite widely in the West in almost all areas of the national economy: industry, construction, transport, trade, banking, etc. Due to their high viability, many modern organizations are gradually transforming into holdings headed by a special apparatus - the Board of Directors, which includes the heads of all subsidiaries and the main services of the parent organization, which also serves the holding as a whole and give the entire structure certain integrity. In practice, holding companies are created to ensure the necessary volumes of production of competitive products, works, or services and to maintain the stability of the functioning of significant groups of technologically related research, design and engineering, and design organizations; consolidation of the results of economic activities of a group of organizations, ensuring the reduction of their total tax payments. This can be achieved through the mechanism of transfer (internal) prices, which, in contrast to market prices, make it possible to cover the losses of some divisions of the holding with the profits of its other subsidiaries. Thus, in the future, we will proceed from the fact that the creation of holdings is the result of the concentration of capital, development, and the need to adapt organizations to changes in the external environment, The fast-moving socio-economic and political processes accompanying the integration of Azerbaijan into the world economic society create an opportunity for the creation of integrated-universal holdings that organically combine both synergy and diversification. In Azerbaijan, today, holding structures function in a large number of important areas of the economy: banking and financial spheres, industry, construction, transport, and other areas. Holding is committed to the development and promotion of corporate culture in Azerbaijan. Good corporate governance principles that protect the interests of shareholders and investors are essential for achieving financial stability and profitability. The holding creates conditions for the division of authority between the management bodies, monitors the financial activity of its companies, emphasizing the proper motivation of personnel and maintaining legality. Holding aims to take an important place in the regional market characterized by transparency, accountability, sound corporate management, communication, cooperation and partnership in order to achieve the company's strategic goals supported by its shareholders. The main corporate management goal of Holding is to ensure maximum transparency and sustainable development through the optimization of the organizational structure, which should respond to customer needs, rapid decision-making process and advanced operational efficiency. Bank, a subsidiary of Holding, is currently the leading investment and corporate financial institution of Azerbaijan. Established in 2007, the Bank provides lending, capital markets services, transaction banking and provides a variety of corporate banking services, including financial advisory services. Bank offers a variety of financial services by partnering with international banks and financial institutions in the field of trade financing. Thanks to extensive negotiations with international financial institutions, Bank, which has the opportunity to use large-scale financial instruments, has managed to provide more commercial financial services to its corporate clients. The bank also received better terms for financing customers after receiving a credit rating from Standard & Poor's Global Rating agency. The Bank has conducted various seminars and trainings to provide professional services by increasing productivity in customer relations at an organized level. The article defines the directions for the creation of an improved system of financial flows management of Azerbaijani holdings, in order to increase the efficiency of financial flows management in the holdings directions of optimization are indicated. Keywords: financial flow, Holding, Bank, Insurance

Déviance et patriotisme : les malversations des banques soviétiques à l’international et les contours flous des normes financières. L’effondrement de la banque soviétique à Zurich, 1982-1986

This article investigates patterns, practices, and actors of corporate (mal-)practices of rogue banking in Soviet international banking and how this experience may have influenced post-Soviet market behavior. A micro-level study of rogue banking at the Soviet bank in Zurich in the mid-1980s shows that Soviet and Swiss authorities reacted technocratically to the phenomenon. The Soviet international bankers’ perception of the superiority of Western governance led them to frame some forms of transgression as acceptable in the name of the Soviet state’s economic interest. The article refines the narrative of Soviet and post-Soviet informal practices as grounded in the Soviet planned economy by showing that the Soviet capitalist experience also had a role to play. The article concludes that the way in which corporate and institutional stakeholders treat risk-taking and transgressions has characteristics that transcend systemic differences. The investigation is shaped by a corpus of mostly primary archival sources and interviews.

The impacts of capital inflows on bank lending in the ASEAN-6 countries

PurposeThe authors investigate the impacts of international capital inflows on bank lending in the Association of Southeast Asian Nations-6 (ASEAN-6) countries on the dynamics of both bank loan volumes and credit risk-taking. The authors further explore the heterogenous impacts of different components of the foreign capital. As a robustness check, the authors also examine the role of crisis periods and agency problem on the relationship between international capital inflows and bank lending.Design/methodology/approachThe authors explore the impacts of international capital inflows on bank lending in the ASEAN-6 countries, including Malaysia, Indonesia, Thailand, Philippines, Singapore and Vietnam. The authors employ quarterly data from 2005Q1 to 2021Q2 from 45 commercial banks in the ASEAN-6 countries. The article uses bank-fixed and time-fixed effects in the panel dataset to account for any unobserved heterogeneity.FindingsThe authors find that capital inflows to the ASEAN-6 countries are associated with higher bank loan growth and lower loan loss provisions to net interest income ratios. Moreover, the positive relationships between capital inflows to the bank loan growth and credit risk-taking are mainly driven by the dynamics in foreign direct investments (FDIs) and other inflow (OI) components. Contrary to the global financial crisis (GFC), the authors note that the mediating role of capital inflows on bank lending is of particular importance in the COVID-19 pandemic.Research limitations/implicationsThis study has some limitations that provide vendors for future research. First, while the authors focus on the impact of capital inflows on bank-level lending activities, future research can also explore the role of foreign capital on bank efficiency and financial stability. Second, although foreign capital fluctuates the most during crisis periods, the movement of capital inflows is also sensitive to other periods of heightened global uncertainty. Thus, rather than focus on the behavior of foreign capital during crisis periods, future research can examine and explore the impacts of capital inflows in different periods of “stop” and “surge” for sudden contraction and boom in capital inflows to the ASEAN-6 countries.Originality/valueFirst, the authors provide a comprehensive analysis of international capital inflows' impact on bank lending in the ASEAN region on both bank loan volumes and credit risk-taking. Second, the authors provide evidence of the impact of different forms of foreign capital on the bank lending. Third, the authors investigate the heterogeneous impact of foreign capital on crisis periods and bank sizes, which the authors emphasize the unusual characteristics of the COVID-19 crisis compared with the GFC.

FINANCIAL PERFORMANCE OF HOUSING FINANCE COMPANIES IN INDIA

Housing not only provides physical shelter but also has significant impact on the lives of the dwellers in terms of skills enhancement, income generation, increased security, health, self- confidence and human dignity. Housing finance development, therefore, plays a role in boosting equitable economic growth and reducing poverty through helping households build assets, improving living conditions, empowering the middle- and lower-income population, and strengthening communities. The House Building Finance Corporation (HBFC), which has traditionally dominated the housing finance sector, is now a declining player, in part because of decreasing government support, and in part because of its history of operational ineffectiveness. In its place, domestic and international commercial banks and a few new specialised institutions have entered the market, and have a significant potential for growth. This paper has examined the financial operations of Housing Finance Company in India from the year 2018 to 2022. Some selected parameters like liquidity, solvency, valuation and profitability ratios has been used for analysing the financial viability of some selected housing finance Companies listed in recognized stock exchanges for the period from 2018 to 2022. Keeping the focus on above points in mind, the researcher has made an effort to study the financial performance of selected housing finance companies and offer suggestions for the improvement of efficiency in the selected Housing Finance Companies.