Savings Deposits Research Articles

Türkiye’de Katılım Bankacılık Sistemi ile İlgili Örnekler

In this study, it has been tried to reveal the success levels of participation banking systems within the general banking system by giving examples in terms of the size of the participation banking system within the general banking system and the performance of the participation banking systems in terms of factors such as service diversity, numerical proportionality and dividend distribution since the establishment of the participation banking systems. . The interest-free banking system, which is called the participation banking system, came out of the idea stage in the 1970s and started to be implemented in Egypt for the first time in 1976. Private Financial Institutions, which were established in Turkey in 1983 with the Statutory Decree (Executive Decree), and Participation Banks with their new names, have shown rapid acceleration on a global scale and especially in Turkey in the last twenty years. Participation banking system in Turkey has shown a serious development especially after 2001 and has become competitive with commercial banks. The fact that participation banking systems were subject to the Banks Law with the amendments made in 1999 and 2001 and that participation banking systems had similar rights in the legislation with commercial banks had a significant impact. Key Words: Private Financial Institutions, Participation Banking, Savings Deposit Insurance Fund

The impact of the COVID-19 pandemic outbreak on the sustainable development of the Turkish banking sector

This study tries to investigate the development in the banking sector by considering the correlation values before and after March 2020 including the COVID-19 pandemic period in the case of Turkey. However, the full influence of the pandemic will take place in the long term. The number of banks in Turkey, the number of domestic/foreign branches, the number of deposit/participation banks, the volume of the financial sector in gross domestic product (GDP), the number of personnel working in banks, the total number of savings deposits of banks, the total amount of savings deposits of banks, the total number of automatic teller machines (ATMs)/point of sale (POS) owned by the banks, and their relations with the data of the number of establishments are the members of the bank. In Spearman’s correlation, these will be reviewed in the course of correlations. As a result of the analysis, a high level of positive correlation was detected in most of the variables, while an admirable level of positive correlation was determined between the two variables.

Case of Liquidity Risk: Demirbank

Liquidity risk is the possible loss of funds as a result of not being able to find the required amount of funds at an appropriate cost when needed or not being able to sell a financial asset at the required time and price. Briefly, it is the risk of maturity mismatch of cash inflows and outflows. Banks that use the short-term funds they collect in long-term assets are exposed to such a risk. Despite international regulations, it is observed that even in banks with sufficient capital levels, problems arise in the management and liquidity due to the change in risk appetites of different financial institutions in different periods. After the World War II, and especially with the effect of the liberalization policies of the Democratic Party in Türkiye, which was in ruling between 1950-1960, 24 new banks were established. In the case of Demirbank, which resulted to took over by the Savings Deposit Insurance Fund (SDIF) in 2000, especially all the process until the transfer of the bank to the fund, is a lesson to learn on liquidity risk management. In this article it is aimed to shed light on a period in Turkish banking history, the theoretical framework and the regulatory and supervisory processes and the reactions of related institutions.

SISTEM PERHITUNGAN BAGI HASIL SIMPANAN DAN PEMBIAYAAN AKAD MUDHARABAH (STUDI KASUS PADA BANK MUAMALAT)

The development of Islamic banking was marked by the approval of Law No. 10 of 1998. In the Law is regulated in detail the legal foundation as well as the types of businesses that can be operated and implemented by Islamic banks. This research aims to find out the existence of the deposit revenue sharing system and the financing of mudharabah contracts at Bank Muamalat Parepare Branch. The data collection techniques used are observation, documentation and interviews with person paper and place data sources. The analysis technique used is qualitative descriptive analysis. The results showed that the calculation of the revenue share of savings deposits at Bank Muamalat Parepare Branch by dividing the average customer's funds by 1000 which is the investment value of the distribution every thousand rupiah, then the results of the calculation are multiplied by the ratio divided by 100. The share of revenue sharing between Muamalat Parepare Branch and customers / mudharib for financing funds engaged in project or construction business, production business, business services is 60% of the profit for the entrepreneur or customer / mudharib and 40% of the bank share.

The Effects of E‐Commerce on Regional Poverty Reduction: Evidence from China's Rural E‐Commerce Demonstration County Program

AbstractThis paper uses the Rural E‐Commerce Demonstration County (REDC) policy to estimate the effect of e‐commerce on poverty reduction. We discover that the REDC policy enhanced the gross regional product per capita by 8.4 percent for the total sample of counties and 10.5 percent for a subsample of poor counties. Specifically, the REDC policy increased the aggregate final product in primary industry by 10.6 percent. The final product per capita in the secondary and service sectors was 13.1 percent and 3.3 percent higher in the REDCs than in other counties, respectively. The effects were even greater for the subsample of poor counties. The estimates demonstrate that e‐commerce developed quickly in the REDCs since the implementation of the REDC policy. The income of those involved in e‐commerce increased, yielding more aggregate savings deposits. The expansion of e‐commerce induced more investment, suggesting that more aggregate loans are being made in REDCs. This evidence suggests new opportunities for poor people in the new digital economy.

Factor Analysis of Time Deposits on Customer Interests at BMT UGT Nusantara Banyuanyar Probolinggo Branch

Customer satisfaction is very important in improving the quality or customer confidence in the improvement or development of Islamic financial institutions. This research has a purpose to see what the customers' perceptions of satisfaction with the distribution of ratios obtained from BMT UGT Nusantara Banyuanyar Branch and what factors influence customer interest in deposit products at BMT UGT Nusantara Banyuanyar Probolinggo Branch. The approach taken is a quantitative approach. The measuring instrument selected in this research is the Likert scale. The population used is the customers of BMT UGT Nusantara Banyuanyar Branch. Purposive sampling method is used to take samples. There are three sampling techniques based on characteristics, namely 1) Customers aged over 20 years, 2) Having time deposits, and 3) Having savings deposits for 1 year and over. Questionnaires were distributed to customers of BMT UGT Nusantara Banyuanyar Branch. A total of 53 samples is in line with the provisions of the characteristics of the determination of the sample. Testing the data taken in this research consisted the classical assumption testing (normality test, multicollinearity, and heteroscedasticity) as well hypothesis test (multiple regression analysis). The results of research on profit sharing, location, and social environment good impact on consumer interenst. Meanwhile, promotion and religiosity have no impact on customer interest. These results are said to be in the T test and the result are significantly less than 0.05 and greater than the T table.

ANALISIS NISBAH BAGI HASIL TERHADAP JUMLAH NASABAH DEPOSITO MUDRABAH (Studi Di Koperasi Baitul Mall Wat Tamwiil Khidmatul)

Abstract
 Baitul Maal Wat Tamwil (BMT) was originally established as a people's economic institution that helps the poor, the poor and near poor. However, it is growing, by creating fund-raising products. Fund-raising products include savings deposits and time deposits (deposits) with the mudharabah principle. The establishment of BMT is intended to encourage economic empowerment through the provision of sharia products. For this reason BMT can be well received by the community. The type of research is quantitative descriptive, namely the results of calculations from the percentage of profit sharing ratio for mudharabah deposits for a period of 12 months and data on the number of customers of mudharabah deposits for a period of 12 months in the last 3 years, namely from 2017 - 2019. The results of this study indicate that the profit sharing ratio variable and the number of mudharabah depositors has a positive relationship as evidenced by the increasing number of deposit customers at KBMT Khidmatul Ummah because the profit sharing ratio for mudharabah deposits provided/offered by KBMT Khidmatul Ummah is very profitable for depositors and tempting for prospective depositors. Conclusions from this study Based on the results of the correlation analysis, the results of the correlation analysis test showed a positive sign (+) which means that there is a positive relationship between the two. The correlation magnitude is 0.972 (> 0.05), meaning the percentage rate is strongly correlated with an increase in the number of depositors.
 Keywords: Profit Sharing Ratio, Mudrabah Deposit Customers and KSPPS

Can Mobile-Linked Bank Accounts Bolster Savings? Evidence from a Randomized Controlled Trial in Sri Lanka

Abstract We introduce a new mobile money interface that permits Sri Lankans to deposit mobile airtime balances directly into a formal bank account. Randomizing access and prices, we find a small increase in savings deposits with the partner institution and formal banks more generally, but no change in overall savings. When the deposit transaction costs are completely removed, only 26% use the mobile deposit service and only 7% use it frequently. Our results imply that deposit transaction costs are not a significant barrier to increasing savings, limiting the potential gains of mobile-linked savings products for financial inclusion.

Analisis Kesehatan Laporan Keuangan Pada PT BPR Syariah Buana Mitra Perwira Dengan Menggunakan Metode Camel Tahun 2016 – 2020

Background - Financial Health of the People's Credit Bank There is an assessment to reflect the role of economic policy, to determine the target and assess the financial health of a bank in a certain period, so that it can be used to analyze and as an evaluation to be able to know the performance of banking management. Purpose - In the Aspect of Camel Assessment have quantification of financial ratio calculations that are useful for assessing the level of financial health of the bank, the higher the capital of the bank that is expected to be the better the performance of its operations and the greater the scale of the operation, the bank is measured by total assets. Design / Methodology / Approach - This research researchers used quantitative research methods. To be able to achieve the objectives need to present an important indicator to determine the financial condition of PT BPR Syariah Buana Mitra Officers. Results and Discussion - The results of the study show that the health level at PT BPR Syariah Buana Mitra Officers in 2016-2020 can be declared very healthy. This means that at this time PT BPR Syariah Buana Perwira is able to guarantee customers for every deposit provided by the Customer and can pay all its obligations in the form of savings deposits, demand deposits, deposits when billed and can fulfill all credit applications that are approved. Conclusion - Car Ratio Analysis, PDN ratio, R0E RATIO, BOPO, NI and NPF ratio analysis at PT BPR Syariah Buana Mitra Officers in 2016- 2020 categorized are very healthy. While the analysis of Rentability using RAA ratio at PT BPR Syariah Buana Mitra Officers in 2016-2020 is categorized as healthy. While the FDR ratio analysis is categorized enough healthy. Research implications - this study can be used as a basis for the financial level of financial levels for the people's credit banks which are currently popping up. With this analysis, it will make BPR managers to be able to predict how the health level of BPR finance is adjusted to the conditions at this time.

Analisis Kesehatan Laporan Keuangan Pada PT BPR Syariah Buana Mitra Perwira Dengan Menggunakan Metode Camel Tahun 2016 – 2020

Background - Financial Health of the People's Credit Bank There is an assessment to reflect the role of economic policy, to determine the target and assess the financial health of a bank in a certain period, so that it can be used to analyze and as an evaluation to be able to know the performance of banking management. Purpose - In the Aspect of Camel Assessment have quantification of financial ratio calculations that are useful for assessing the level of financial health of the bank, the higher the capital of the bank that is expected to be the better the performance of its operations and the greater the scale of the operation, the bank is measured by total assets. Design / Methodology / Approach - This research researchers used quantitative research methods. To be able to achieve the objectives need to present an important indicator to determine the financial condition of PT BPR Syariah Buana Mitra Officers. Results and Discussion - The results of the study show that the health level at PT BPR Syariah Buana Mitra Officers in 2016-2020 can be declared very healthy. This means that at this time PT BPR Syariah Buana Perwira is able to guarantee customers for every deposit provided by the Customer and can pay all its obligations in the form of savings deposits, demand deposits, deposits when billed and can fulfill all credit applications that are approved. Conclusion - Car Ratio Analysis, PDN ratio, R0E RATIO, BOPO, NI and NPF ratio analysis at PT BPR Syariah Buana Mitra Officers in 2016- 2020 categorized are very healthy. While the analysis of Rentability using RAA ratio at PT BPR Syariah Buana Mitra Officers in 2016-2020 is categorized as healthy. While the FDR ratio analysis is categorized enough healthy. Research implications - this study can be used as a basis for the financial level of financial levels for the people's credit banks which are currently popping up. With this analysis, it will make BPR managers to be able to predict how the health level of BPR finance is adjusted to the conditions at this time.

Banking Industry in Nigeria: A Comparative Analysis of Pre and Post Consolidation Performances

Motivated by the need for a comparative pre and post consolidation performance evaluation of Nigeria’s banking industry, this study employed descriptive statistics, normality, and independent sample t-tests over the periods 1990 – 2004 and 2005 – 2019. The results indicate that all the study variables showed normal distribution in the pre and post-consolidation periods. This study concludes that; Nigerian Banks performed significantly better in the post-consolidation period in terms of savings deposits, demand deposits, time deposits, quality risk assets, non-performing risk assets, and the number of bank branches. On the other hand, non-performing risk assets were seen to have increased or further deteriorated against apriori expectation. Considering these findings, it recommends that; there should be enforcement of credit contracts to assist banks in credit recovery and respect of credit terms by customers. Further recommended is extensive emphasis by every bank on relationship management and product development to facilitate creation of more hybrid products which will create basis for attraction of more customer patronage.

Okružna banka Niš 1907-1947

During the Customs War of the Kingdom of Serbia and Austro-Hungary, a large number of discount banks were established in Serbia. One of them was the District Bank in Niš. In accordance with the business policy of Serbian banks in that period, this bank also had its own companies, an automatic mill and a brick factory. The Great War interrupted the work of banks in Serbia, and their property became the subject of exploitation by the occupiers. After the end of the war, the District Bank renewed its work, and the most profitable part of the company was the mill. The brickyard worked poorly because the citizens did not have the funds to build new houses. In the period from 1921 to 1929, the District Bank operated successfully and regularly paid dividends to its shareholders. With the outbreak of the economic crisis and falling prices for agricultural products, the District Bank found itself in trouble because it had to stop working in its industrial companies, and the withdrawal of funds from savings deposits left the bank without working capital. The bank was forced to seek protection and used it until 1942. It was one of the few banks that operated during the WWII and even increased its capital. The change of the social system and the creation of socialists' Yugoslavia marked the end of the business of this financial institution.

Contributions of savings and small loans made in Iringa Hope Joint SACCOs towards improving household welfare in Iringa region in Tanzania

This study evaluates the small loans and regular savings deposits by members of Iringa Hope Joint SACCOs (IHJS) towards improving household welfare in Iringa region in Tanzania. Primary data were collected using a questionnaire from 170 SACCO members. The sample was chosen from each SACCO using a simple random sampling technique. The analysis was performed using Statistical Package for Social Science (SPSS ver. 20, IBM, USA). The results revealed that Iringa Hope Joint SACCOs household welfare in Iringa region is improving due to increased household income, decision making, and capacity building that influences regular savings deposits by members. Furthermore, the study also revealed that employment has been increasing due to SACCOs’ financial access and it becomes sustainable as income increases. Therefore, IHJS should consider offering financial services at low interest rates to enable poorer smallholder farmers and small businesses to access finance. It should continue supporting the SACCOs' members with training to enable them to improve governance and performance of financial services.

The Effect of Digital Service Quality (BRIMO) on Customer Loyalty through Customer Trust and Satisfaction on COVID-19 Situation (Pt Bank Rakyat Indonesia Medan Regional Office)

Advances in information technology and the widespread use of the internet have changed the method of service delivery. Banks now provide their services through electronic banking (e-banking) channels. Personal computers and cell phones are media where customers can use e-banking services, with the terms “online banking”, “internet banking” and “electronic banking” being used interchangeably. BRImo is the latest application from BRI Mobile that combines the functions of mobile banking, internet banking, and electronic money or Tbank into one application with a more complete and attractive transaction menu, only by using a cellphone they can make transactions without having to go to the BRI office to reduce mobility and the spread of the Covid-19 virus in a pandemic situation. In the period from 2018 to 2020, there was an increase in BRImo application users from 384,412 people to 827,759. but not comparable to the large number of deposit customers of Bank BRI Medan Region, in 2020 only 14.43% of the 5,735,381 customers of Bank BRI Medan Region who use BRImo with an average transaction of 122 times per customer per year. Phenomenon which often happens to BRI Bank customers to the BRImo application, either directly or indirectly, such as the quality of digital services provided to customers who have not been satisfied by customers so that it has an impact on customers' decisions not to return to transactions using BRImo and the impact of these problems will decrease the number of transactions and a decrease in fee-based income in the online banking digital service application sector. The purpose of this study was to analyze the effect of BRImo's digital service quality on customer loyalty through customer trust and satisfaction in the Covid-19 situation at PT. Bank Rakyat Indonesia (Persero) Tbk Medan Branch Office. The population of this study is customer savings deposits, not corporate customers (group accounts), with the criteria of a sample of customers who use the BRImo application more than once with a total sample of 400 respondents. The sampling method used is purposive sampling; data analysis is carried out through PLS-SEM using the SmartPLS 3.0 program. The results of the study indicate that the quality of BRImo's digital services directly has a positive and significant effect on customer loyalty through customer trust and satisfaction. Keywords: BRImo Digital Service Quality, Customer Loyalty, Customer Trust, Customer Satisfaction.

Improvement of Service Quality in the Supply Chain of Commercial Banks—A Case Study in Vietnam

The outbreak of the Covid-19 pandemic caused a serious impact on the business activities of enterprises and households, affecting the operation of banks around the world, especially for capital mobilization from those with savings deposits at commercial banks. In face of the unpredictable developments of the pandemic, many services of banks in Vietnam were also affected, so it has been necessary to make a plan to maintain business operations and respond effectively to these difficulties. In this study, the authors used three research models to form a three-dimensional frame of reference (past, present, and future) to identify, analyze, and evaluate the factors affecting the service quality of commercial banks’ savings deposit mobilization, and to suggest solutions that can minimize risks and improve customer satisfaction for savings deposits at commercial banks, improve service quality to avoid potential long-term risks, as well as maintain sustainable growth and social stability in the future.

Cash in hand and savings decisions

Cash is an important means of transaction, generally assumed to be fungible. However, behavioral economics and consumer research show that ‘cash in hand’, physically holding on to cash and then handing it away, affects purchasing decisions. I study how cash in hand influences decisions in a different, but very important domain: savings. Savings accounts are a promising tool for reducing poverty, but the use of savings accounts is often puzzlingly low. Holding on to cash that needs to be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally identifies the causal effect of cash in hand on savings deposits of female microfinance clients in the Philippines. In contrast to many laboratory and several field studies with similar interventions, I do not find reduced savings deposits due to cash in hand.

Telaah Kritis Terhadap Upaya Peningkatan Literasi Keuangan Melalui Tabungan Sekolah

The purpose of this study is to analyze how the implementation of efforts to increase financial literacy through student savings at elementary school level students in the city of Banjarmasin, as well as to formulate an ideal student savings concept to maximize the results of efforts to increase financial literacy. This research is qualitative field research accompanied by a quantitative survey to 412 respondens from 18 different schools of students' saving behavior, which then will be analyzed descriptively. The results showed that only 38.1% of respondents independently allocated a portion of their allowance for savings. 11 of the 18 schools that become research sites manage their student savings independently with manual recording via a passbook or Microsoft Excel. Seven other schools have collaborated with banking institutions, but banks are only able to visit one to two times per week. Thus, parents of students need to have a good understanding of how to teach their children to save. The recording of student savings should also be supported by a web-based system that can be monitored by the teacher, students, and student guardians. Schools should also continue to receive student savings deposits every day with independent registration, to then be deposited at the same time when the bank visits the school.

Antecedents of CSR disclosure in an emerging economy: evidence from the banking industry

PurposeThis study examines the factors which affect the adoption of corporate social responsibility (CSR) disclosure practices in line with Global Reporting Initiative (GRI) guidelines in Brazil's banking industry.Design/methodology/approachThe analysis comprised the deposits (demand and savings), fee income, employee expenses, regulatory capital (Basel ratio) and ownership structure of all Brazilian banks from 2006 to 2017. The sample totalled 1,613 firm-year observations. The authors used three binary regression models (logit, probit and complementary log-log) in order to choose the one that best fits the model proposed. The authors controlled for size, profitability, leverage and liquidity.FindingsThe main results show positive relationships between CSR reporting and both savings deposits and fee income. The authors also found that state-owned (foreign private-owned) banks have a positive (negative) relationship with probability of CSR disclosure. A negative relationship was found between CSR disclosure and regulatory capital, indicating that banks are more likely to publish GRI reports as they approach the minimum levels of the Basel ratio.Research limitations/implicationsSome banks may disclose CSR reports which do not adhere to the GRI guidelines; these were not captured in this study.Practical implicationsThe estimated model aids understanding of factors influencing CSR disclosure in the banking industry in an emerging economy, which may help bank regulators to adopt new approaches in their supervisory and regulatory roles.Originality/valueThis work is the first to document that both fee income and banks' regulatory capital are related to CSR disclosure. Furthermore, this study investigates the entire banking industry of a Latin American country over the longest and most up-to-date period the authors are aware of.

Mekanisme Simpanan Haji dan Umrah (SHAUM) di KSPPS Khidmatul Ummah Bogor

This study aims to analyze the financing mechanism of Hajj and Umrah in KPPPS Khidmatul Ummah Bogor. The method used is descriptive qualitative analysis based on field studies and observations during PPL. The results are as follows: the mechanism of umrah and hajj savings products in KSPPS Khidmatul Ummah consists of several procedures such as: opening savings accounts, receiving savings deposits, withdrawing savings and closing accounts. The contract used has been in accordance with the principles of sharia, namely using the revenue sharing system and mudharabah contract. In fatwa DSN No.07/DSN-MUI/IV/2000 on mudharabah and the foundation of sharia law In accordance with the Qur'an and hadith that have been explained in Surat An-nisa 'verse 29 and hadith from Ibn Majjah.

What leads people to tolerate negative interest rates on their savings?

Using an online experiment, we investigate intertemporal preferences to infer people’s willingness to accept negative interest rates (NIRs) on their savings. We find some tolerance of NIRs, i.e., of people being willing to hold money in the bank rather than spend it, thereby accepting less savings at some future time. This tolerance strongly depends on the amount of savings, time horizon, actual savings behavior, and anchoring. Specifically, the higher the amount, the lower is the tolerance of NIRs, consistent with a reverse magnitude effect. Moreover, as the time horizon increases, the tolerance of NIRs decreases. Regular savers are more likely to tolerate NIRs than nonregular savers, which is consistent with status quo bias, higher familiarity with savings deposits, or a future-oriented mindset. We also find a higher tolerance of NIRs on savings when participants are anchored towards NIRs, i.e., when participants are first presented with NIRs and then with positive interest rates (PIRs).