Inter-bank Market Challenges in Iran
Author(s):
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
As short-term suppliers of financial resources, interbank markets have very important roles in countries monetary markets. Interbank market has failed to elevate its position in states money market during the nine years since establishment by providing required diversity in deal instruments and mechanisms despite its increased size of transactions.The main question proposed by this research is that What are the most significant traumatic factors in Irans interbank market and how they can be managed? This article is aimed at putting forward pathology and presenting challenges existing in different aspects of this market as well as corrective measures and improvement methods by delineating performance of interbank market from its inception onward This studys findings, which have been obtained by descriptive-analytical and questionnaire-based methods, are expressive of the fact that in this market, five elements serve as the most important factors incurring damages in the current interbank structure. These elements include absence of a risk rating and management system, absence of a comprehensive electronic interbank interchange system, lack of diversification in short-term financial and monetary instruments, non-transparency in market rates, and lack of proper organizational structures, respectively. Identification of damage-incurring factors will assist us to design a new interbank market structure aimed at increasing its efficiency.
Language:
Persian
Published:
Journal of Monetary & Banking Researches, Volume:11 Issue: 35, 2018
Pages:
125 to 150
magiran.com/p1854242
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یکساله به مبلغ 1,390,000ريال میتوانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.
In order to view content subscription is required
Personal subscription
Subscribe magiran.com for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!