Restructuring of Banking: Concept, Justifications, Stages and Results

Laounia Benzekkoura, Lakhdar Adouka, Abderrahmane Chenini

Abstract


Banks play an important role in the economic system , this fact of their responsibility for all deposits , on the one hand and managing means of payment other. They constitute one of the pillars of power and an aspect of economic competition globally. The bank was considered an administrative institution who enjoyed the protection of the public authorities, the performance parameter did not matter. A party of twenty-four years, the activity of banks experiencing financial liberalism and are subject to new regulations and banking laws . The essential goal is to reduce the influence of the central authority on the financial system to minimize the role of the monetary authority. This allowed the financial and banking system to develop in the light of changes in financial and banking variables and increasing competition. In this atmosphere and to track changes and to face the challenges from globalization and increased competition from banks and non- financial institutions, banks were essential to restructure their operations to position itself in the banking and financial markets . In this article we try to spread out the restructuring , its definitions, its mandatory and different methods of bank restructuring and the issues and the consequences resulting there from.

DOI: 10.5901/mjss.2014.v5n4p123


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This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

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