lunes, 26 de abril de 2010

THE BEST WEB BLOG FROM "THE BOB´S"


I chose one of the Web blog´s winner, called Design for the other 90 per cent. I liked it too much because it is promoting ideas and practices to help people around the world that doesn´t have any access to many products, services and information.

It is very gratifying to know that there are still some people who seek not only their own welfare but also that of others, especially those whose condition is extreme poverty and are completely isolated from the rest of the world. It is also very good that there are sites that promote non-discrimination and social inclusion of people, providing them help and support.

sábado, 24 de abril de 2010

The Middle East Banking System


The Middle East region is becoming a well-known young society. Also the technology has increased the portfolio of financial services, every time deeper and more exigent in order to assignated all the investments in a correct way avoiding the loss of money and the stock´s productivity. Most of the Arabians are putting their capital in the local market, improving the domestic financial market and creating a confindence, security and no risk harmony in the environment among Middle East investors. This type of banking strategy has been studied for most of the world´s financial sector leaders to be implemented in their own countries.

Several strategies applied by that region have been the following ones:
-Improving the management of risk.
-Identifying productive projects and efficient firms.
-Promoting corporate governance.
-Mobilising savings.
-Mitigating the adverse effects of financial shocks.
Some aspects which are being developed in the economic market of the Middle East are the flooding of the insurance and the credit card market industry and the existence of ample opportunities in the microfinance sector.

In conclusion, this emerging economy is growing more and more through monopolistic competition that allows greater participation of foreign banks, ensuring a smooth and a free competition inside the Middle East banking structure.