Loan delinquency in community lending organizations: Case studies of neighborworks organizations

Abstract

This article reports on qualitative data gathered through interviews conducted in 1996 with key leadership and staff from 13 community lending organizations. Loan servicing and collection procedures within the organizations were examined. Findings suggest that several organizational factors of nonprofit lenders are related to their loan delinquency rates: social networks, business culture, funding sources, composition of the board and loan committees, staff structure, loan intake, and collection tools.

The study also finds that the nonprofit sector's institutional environment and its partnership with the private sector in a mutually beneficial process influence the loan delinquency rate. More specifically, active participation of local bankers in NeighborWorks¹ loan committees, diverse funding sources (from both the public and private sectors), and a diffusion of business practices through dense social networks are related to NeighborWorks’ loan servicing and collection policy and procedures. These factors in turn influence NeighborWorks’ rehabilitation loan delinquency rates.     

Public Participation and Environmental Impact Assessment in Mainland China and Taiwan: Political Foundations of Environmental Management

This article explores the role of agro-ecological factors associated with agricultural growth and poverty outcomes in India. Using a new operationalisation of agro-ecological factors and incorporating within-State variations in poverty and other variables we show that agricultural growth and poverty reduction appear to depend on underlying agro-ecological conditions which are favourable to the spread of irrigation and hence agricultural development, which in turn in associated with poverty reduction. Promotion of agriculture in less favoured areas in unlikely to have similar effects on agriculture in less favoured areas is unlikely to have similar effects on agricultural growth even if the effects of agricultural growth on poverty remain similar, unless conditions for irrigation are favourable or rainfall is sufficiently abundant and reliable. This suggests that considerable caution may be needed in drawing policy conclusions from empirical analysis by state alone, and without regard to their underlying factor endowments.     

改革中国银行业监管体制的法律与实践

中国银行业监管体制的改革已经取得了伟大的成就 ,但是我们不能否认它本身还存在着一些不完善之处 ,为了改革现行的银行业监管体制 ,国务院决定设立中国银行业监督管理委员会。设立脱离于中央银行的独立金融监管机构符合世界金融监管制度发展的趋势。     

印尼银行业改革、重组的最新进展与变化趋势分析

印尼银行业经过10年的整顿与重组,在信用、存贷率、利润、资本充足比例等方面均大有改观,现又重现生机和活力.印尼银行业未来改革措施与发展趋势将以提高最低资本准备金,协助金融机构处理呆、坏账,以及实施新的银行存款保险制度为核心,进一步增强银行竞争力,维护金融秩序稳定.     

Neo-liberalism and polycontextuality: banking crisis and re-regulation in Sweden

This article gives an account of the interpretative conflicts and re-regulative initiatives that followed the Swedish banking crisis in the 1990s. The analysis is based on systems theory and theories of governance conceptualizing steering and self-regulation. It shows the polycontextuality of the conflicts over the crisis, and how the re-regulation articulated central aspects of neo-liberal government, as conceptualized in terms of governance. The conclusion discusses two paradoxes. The first is that the enforced self-regulation of the re-regulative process 'frees' market actors by embedding them in new webs of governance. The second paradox is that every solution to a problematic event of this kind is at the same time seen as a new problem when observed with distinctions other than the one reduced by the solution.     

互联网金融时代背景下微信红包法律风险及其防范

微信红包的发放和领取已不仅限于春节,而是变成了人们的日常行为,故而其中所存在的风险问题也必将被无限放大。微信红包匿名收付款存在侵害用户合法权益的风险;微信红包未严格客户身份识别存在被用于实施洗钱或恐怖融资活动的风险;微信红包沉淀巨额资金存在催生非法集资犯罪的风险;微信红包的隐蔽性存在催生贿赂犯罪的风险。针对微信红包所存在的风险,至少应综合采取微信支付应单独申请支付牌照、构建适宜互联网金融发展态势的反洗钱和反恐怖融资工作体系、完善商业银行基本法等相关法律法规、加强对互联网金融的监管等防范举措。     

Fraud, banking crisis, and regulatory enforcement: Evidence from micro-level transactions data

Can widespread fraud cause large scale banking crises? We address this issue in the context of the recent Turkish banking crisis of 2000, which was followed by a severe recession and currency crisis. Using detailed micro-level transactions data, we show that related lending and back-to-back loans across banks were used to circumvent regulation and transfer deposits to private holding companies that were ruined. Our evidence suggests that systemic fraud coupled with weak enforcement of conventional regulatory principles can be a source of banking crisis.     

近代中国银行监管理论依据及目标设定的探讨(1897-1949)

银行监管属银行制度的范畴,是银行制度的重要组成部分,由于各国金融制度形成的历史、政治、经济条件不同,因而具体的银行监管制度也各具特色。构建银行监管制度,要明确银行监管的理论依据,在此基础之上,确立与之相对应的监管目标。文章通过对近代各时期银行监管的理论依据和监管目标的梳理,窥一斑而知全豹,研究近代中国银行监管思想的发展脉络,对我国银行业的监管有一定借鉴意义。     

Banking in the cloud: Part 3 – contractual issues

This paper looks at EU banks' use of public cloud computing services. It is based primarily on anonymised interviews with banks, cloud providers, advisers, and financial services regulators. The findings are presented in three parts. Part 1 of this paper explored the extent to which banks operating in the EU, including global banks, use public cloud computing services. Part 2 of this paper covered the main legal and regulatory issues that may affect banks' use of cloud services.Part 3 looks at the key contractual issues that arise in negotiations between banks and cloud service providers, including data protection requirements, complexities caused by the layering of cloud services, termination, service changes, and liability. It also presents the overall conclusion derived from the studies conducted, as set out in the three parts of the paper.All three parts of the paper can be accessed via Computer Law and Security Review's page on ScienceDirect at: http://www.sciencedirect.com/science/journal/02673649?sdc=2. The full list of sources is available via the same link and will be printed at the end of this part of the article.     

Financial Markets Matter More than Fiscal Institutions for the Success of the Euro

Many argue that the euro is handicapped as a currency because European governments are unwilling to pool responsibility for fiscal policy in common institutions. This argument is derived from the theory of optimum currency areas and fuelled by analogy with US experience. It is mistaken. A monetary union does not need a fiscal union to work. Worse, efforts to build European fiscal institutions are likely to distract European policymakers from a more important agenda. Europe needs a fully functioning banking union with a common risk-free asset if Europeans want to stabilise the euro as a common currency. Moreover, it would need these things even if the euro did not exist and all it had was the common market. Financial stability – and not fiscal federalism – is the key to Europe's future. European policymakers should focus their efforts on building the necessary institutions.