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During 1997 Bulgaria experienced one of the deepest financial crises in CEE countries. The combination, with currency crisis, widespread bank failures, hyperinflation and government crisis had a very negative affect over the whole Bulgarian economy. Parallel with the introduction of a currency...
Persistent link: https://www.econbiz.de/10012739341
Bulgaria is a small South-eastern European country with a population of 8 million inhabitants in economic transition. During the bank crisis (1996-97) about 1/3 of all banks went bankrupt. On 5 July 1997, the Bulgarian government, jointly with IMF, introduced the Currency Board Arrangement,...
Persistent link: https://www.econbiz.de/10012739343
During the last years, the banks have started an expansion to the web - they offer a broad range of traditional bank products and services via Internet. This paper presents results from a research which aims to describe an actual picture of remote banking products and services offered by...
Persistent link: https://www.econbiz.de/10012710228
The new information technologies adoption and e-commerce emergence change the role of financial intermediaries in new E-conomy. According to ECB (ECB 1999), new IT developments affect banking in two ways - they contribute to the reduction of the cost by replacing paper-based and labour-incentive...
Persistent link: https://www.econbiz.de/10012710229
This article offers a historical overview and analysis of key studies on the introduction and impact of new information technologies on the activities of the universities. Particular emphasis is placed on the study of its role as creator, while user of information technology
Persistent link: https://www.econbiz.de/10012917150
Universities are one of the oldest public institutions overcome the challenges of time. In today's modern and globalized world, they face a number of challenges, including with respect to the applicable model for their management. In this article they present and discuss basic approaches to...
Persistent link: https://www.econbiz.de/10012917152
The concept of enterprise architecture (organization) is a key instrument of modern strategic management that allows alignment of institutional, business and IT objectives of the organization in the process of transformation of the institutional vision and mission in long-term policies and...
Persistent link: https://www.econbiz.de/10012917155
The introduction of new information and communication technology into banking has radically altered the essence and character of banking activity. Alongside the competitive advantages and the direct economic effect of the advent of high-tech innovation in the banking sector, credit institutions...
Persistent link: https://www.econbiz.de/10012977088
Bulgarian: Навлизането на новите информационни и комуникационни технологии в банковия бизнес радикално променя същността и характера на банковата дейност....
Persistent link: https://www.econbiz.de/10012977089
The article aims to explore the challenges facing the banking security at the beginning of the new millennium, with a special emphasis on new manifestations of threats to the orderly functioning of the banking institutions. In this aspect, the research thesis that stands out is that threats to...
Persistent link: https://www.econbiz.de/10012977090