Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217549 
Year of Publication: 
2014
Citation: 
[Journal:] Journal of Central Banking Theory and Practice [ISSN:] 2336-9205 [Volume:] 3 [Issue:] 1 [Publisher:] De Gruyter Open [Place:] Warsaw [Year:] 2014 [Pages:] 5-8
Publisher: 
De Gruyter Open, Warsaw
Abstract: 
Changes have always existed but their speed and frequency have become rather apparent. Changes are present in all areas of life, but here we focus on those happening in the banking industry. Banks are undergoing revolutionary changes and they must change or perish in their present form. The article explains why banks must change and what are the threats to both asset and liability sides they would face otherwise. Changes result in modifications of strategies, organizations and management. The article concludes that banks that are the most flexible and able to adapt will win the day.
Subjects: 
Change
banking system
strategy
profitability
JEL: 
G21
G34
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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