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International Journal of Technology Enhancements and Emerging Engineering Research (ISSN 2347-4289)
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IJTEEE >> Volume 2 - Issue 9, September 2014 Edition



International Journal of Technology Enhancements and Emerging Engineering Research  
International Journal of Technology Enhancements and Emerging Engineering Research

Website: http://www.ijteee.org

ISSN 2347-4289



The Management Practices Of The Banking Industry In The Kingdom Of Bahrain.

[Full Text]

 

AUTHOR(S)

Dr. Amelia P. Balasan

 

KEYWORDS

Keywords: Management, Management, Practices, Banking, Industry, Effectiveness

 

ABSTRACT

Abstract: This study aims to determine the management practices of the banking Industry in the Kingdom of Bahrain and their level of effectiveness. Specifically, it will seek to answers the following sub-problems: (1) The status of the management practices in the banking industry in the Kingdom of Bahrain in terms of the following: a) Investment management, b) Operation management, c) Risk Management, d) Strategy Management, and e) Local and global banking; (2) The level of effectiveness in the implementation of management practices of the banking industry in the Kingdom of Bahrain in terms of the following: a) Investment management, b) Operation management, c) Risk Management, d) Strategy Management, and e) Local and global banking; (3) Significant relationship between the status of management practices and the level of effectiveness of the implementation of the management practices of the banking industry in the kingdom of Bahrain; (4) The problems encountered by the respondents in the implementation of management practices in the banking industry in the kingdom of Bahrain; and (5) Recommendations can be proposed by the respondents to enhance the implementation of the management practices in the banking industry in the Kingdom of Bahrain. There are common problems encountered by the respondents on the management practices in the banking industry such as: lack of seminars and training of credit staff and other bank employees, inability to correct problems and implement appropriate risk management practices, inability to correct problems and implement appropriate risk management practices, political influences when approving the loan. The least problem perceived was on management decision is not scrutinized by independent audit process. The following recommendations were: (1) Building good relations with the depositors is by giving trainings; seminars to the employees of the banks; (2) The policies must be in conformity to the rules and regulations of the banks specifically on risk management; (3) Strategizing it is not on the technology itself of the bank- the bank focus mainly to the manpower who has the know-how, expertise and skills; (4) Local/Global – Clients/employees are treated as co-owners of the bank, which will give goodwill to banks vice versa; (5) Globally banking industry in Bahrain open doors to invite people here in Bahrain invests attracting them, to invest in exchange of good privilege; and 6) Bahrain Bankers alliances are united as one to have annual seminars to improve and up-dates the banks regarding their performance that contributes developing in the kingdom of Bahrain.

 

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