1. A World without Banks - A Study on the
Commercial Banks around the world
Tania Islam – 1304051
Tazkeer Azeez Chaudhuri – 1304061
Salsabil Rahman- 1304115
2. “a bank is a financial institution where
you can borrow money only if you can
prove you don’t need it.”
Introduction
Banking sector is reckoned as the hub and
barometer of the financial system
Banking is the pillar of the economy
3. on quantifying the costs of banking sector crises in terms
of real output losses.
on understanding links between banking sector
characteristics and long term growth
Literature Review
A broad literature exists surrounding the analysis of
banking sector effects in an economy while very few
studies appear to include an analysis on a world
without banking relating to the importance of the
banks.
First
category
of the
studies
Second
category
of the
studies
4. To know the history of
banking – how banks
came in the world.
To know the
problems and
benefits people in
the past faced due
to having no
banking system.
To find out the impact of
banks on our lives
To figure out the
advantages and
disadvantages of
banks
To know how
banks contribute
to the
development of
nations.
To deduce how our lives
would be without banks.
Objectives
5. Population and Sample
For the completion of this term paper the
date collected was completely based on
secondary data.
Methodology
8. Problems faced before banks existed
Difficulty in money
circulation process
No safe place to
deposit money
Less industries
Problems in foreign trade
Loans
9. Why do we need Banks
Accelerating the Rate of Capital Formation
Provision of Finance and Credit
Innovations
Facilitate in the Implementation Monetary Policy
Financing Consumer Activities
Financing Employment Generating Activities
Development of Agriculture
Promote Industrial Development
Fulfillment of Socio-economic Objectives
10. Imagine a world without Banks
First we need to figure out the
problems
For the rich by the rich
11. Imagine a world without Banks
Central Government
government bonds
how functionally efficient
Leakage occurs
12. Findings
If banks are not regulated properly, it will have a
negative impact in the economy of the world.
Monetary policy and bank depend on each other
for their operations.
To imagine a world without banks there needs to be
collective government and a very efficient substitute
mechanism of banks.
A country should control its banks, if it’s the other
way round the world is in trouble.
The urban informal sector and rural sector are
hugely untapped
13. further research should be conducted
Recommendations
The monetary policies should implement
regulations for banks, that would be helpful for
both the customers and banks
govt. should encourage banks to
provide loans to productive sectors
14. Conclusion
It is quite evident that a world without banks, even if it is
possible, should not be pursued upon due to all the good
that it brings; rather it is important that the sector is
emphasized upon even more, with innovations and
promotion of efficiency to an enhanced extent for the greater
good!