Essay Examples on State University of New York Maritime College

You’re a Busy Student,
And We’re Essay Experts Avalible 24/7.
That’s a Perfect Match.
Order Now

Malaysia's Banking Sector Underwent some Major Structural Changes

CHAPTER 1 INTRODUCTION This chapter outlines the background of the study and the foundation of the research problem statement research objectives research questions the scope of research and significance of the research 1 1 BACKGROUND OF THE STUDY The past 2 decades saw Malaysia s banking sector underwent some major structural changes especially after the country went through the financial crisis in 1998 and 2008 This has made an indirect trend whereby most banks and other financial institutions have prompted into merger and acquisition in order to boost their capital and asset base Liberalization and globalization is also a major factor of transformation within commercial banks It made it more competitive for commercial banks to become the one stop finance service destination and also to provide innovative financial services in order to meet the changes in the financial world Banks have played an intermediary role to encourage the stream of assets between surplus funds unit and deficit funds units in an economy Alkhazaleh Almsafir 2014 Therefore according to San Heng 2013 banks have a huge impact in shaping the pattern of an economy and along these lines banks have been broadly perceived as the most basic organizations in a financial system Ramlall 2009 had called attention to that it is essential for the banking sector to manage a level of financial stability related soundness particularly after the 2008 United State Subprime emergency which had driven genuine bothersome conditions too numerous nations around the world Along these lines it is fundamental for banks to keep up gainful development with the goal that it can guarantee the security and soundness of money related framework Azlan Jamal Rahimie Karim 2012 additionally pointed that a well managed and profitable bank can advance monetary development of the nation and can maintain the sudden economic downturn Money is a very sensitive and precarious asset to handle
2 pages | 598 words

Order State University of New York Maritime College Essay


Standart price:


Save on your first order!



We Will Write a Custom Essay
On Any Topic Specifically For You
Order Now