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Qualitative Study of utilizingFinancial Instruments in Banking Crisis Management for Iranian banking system (using Delphi technique)
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Mohammad Javad Sharifzadeh   , Mohammad Soleimani * , Hasan Kiaee |
| Imam Sadiq University (A.S) , solimani@isu.ac.ir |
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Abstract: (1630 Views) |
| International standards as well as global experience show that overcoming banking crises requires a wide range of financial instruments/methods that can be used for bankchr('39')s recovery without using public funding.The main question of the present article is to identify these instruments/methods and to examine their use in the case of state-owned and privatized banks in Iran according to local requirements (including religious considerations). For this purpose, the financial instruments of banking crisis management were listed and then by using the Delphi technique exposed to expert judgment in two stages. The results of the article show that in the current situation of Iranchr('39')s economy, it is possible to implement 9 instruments in state-owned banks and 10 instruments in privatized banks, without the need for major changes or modifications. Also, in case of providing institutional bases (through amending laws and regulations or making structural changes), it will be possible to use 2 other instruments in state-owned banks and 5 other instruments in privatized banks. |
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| Keywords: Financial Instruments, insolvent Banks, Banking Crisis, recovery Plans, Iranian Economy |
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Full-Text [PDF 796 kb]
(383 Downloads)
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Type of Study: Research |
Subject:
Special
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