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By Ch. Spathis, E. Petridou, N. Glaveli (auth.), Professor Constantin Zopounidis (eds.)

During the final a long time the globalization, the intensified pageant and the quick alterations within the socio-economic and technological atmosphere had an immense influence at the international financial, monetary and company environments. inside of this atmosphere, it truly is transparent that banking associations world wide face new demanding situations and lengthening dangers, in addition to expanding enterprise potentials. the hot event indicates that attaining a sustainable improvement of the banking method is not just of curiosity to the banking associations themselves, however it can also be at once concerning the advance of the total company and financial setting, either at neighborhood and foreign point. the range of recent banking items that's consistently being constructed to house the elevated buyer wishes (firms, firms, members, etc.) offers a transparent indication of the alterations that the banking has passed through over the last twenty years. The institution of latest items of leading edge procedures and tools for his or her calls for the implementation effective administration. The implementation of such approaches and tools is heavily with regards to various disciplines, complex quantitative research for threat administration, details know-how, caliber administration, and so on. The implementation ofthese methods in banking administration is in keeping with the discovering that empirical systems aren't any longer enough to deal with the expanding complexity of the banking industry.

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