An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia

This paper aims to assess the financial performance of two (2) Development Financial Institutions (DFIs) in Malaysia namely; Bank Simpanan Nasional or National Savings Bank (BSN) and Bank Kerjasama Rakyat Malaysia or Cooperative Bank (BR) for a period of 5 years spanning from 2006 to 2010. The DFIs...

Full description

Bibliographic Details
Main Author:	Islam, Mohd Aminul
Format:	Article
Language:	English
Published:	Management Journals, USA 2012
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/25147/ http://irep.iium.edu.my/25147/ http://irep.iium.edu.my/25147/1/IJEMSi12i1709_Published_Paper.pdf

id	iium-25147
recordtype	eprints
spelling	iium-251472012-08-10T02:24:55Z http://irep.iium.edu.my/25147/ An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia Islam, Mohd Aminul HG1501 Banking This paper aims to assess the financial performance of two (2) Development Financial Institutions (DFIs) in Malaysia namely; Bank Simpanan Nasional or National Savings Bank (BSN) and Bank Kerjasama Rakyat Malaysia or Cooperative Bank (BR) for a period of 5 years spanning from 2006 to 2010. The DFIs are specialized financial institutions established by the government to achieve the socio-economic development objectives of the country through developing and promoting the key strategic sectors of the economy. In this study, we employed most commonly used financial ratio tools on a sample of two (2) development financial institutions to evaluate their performances so as to indicate how well they are prepared to meet the socio-economic development objectives of the country. To the best of our knowledge, related study assessing the performance of DFIs in Malaysia is scant. Thus realizing from the scarcity of studies on this component of financial system particularly in the case of Malaysia, we consider the present effort to be worthy addition to the existing literature in this line. To achieve our objectives, we used data and other relevant information collected from the annual reports of individual Development Financial Institutions under consideration. In addition, we also utilized Annual Reports of Bank Negara Malaysia or Central Bank of Malaysia (BNM-AR). The results showed that the financial health of the two DFIs under this study is sound but comparatively Bank Rakyat (BR) is in better position than its peer Bank Simpanan Nasional (BSN). The sound financial health also indicates the potential ability to cater the financial needs of the strategic sector of the economy towards achieving the socio-economic development objectives of the country. Management Journals, USA 2012 Article PeerReviewed application/pdf en http://irep.iium.edu.my/25147/1/IJEMSi12i1709_Published_Paper.pdf Islam, Mohd Aminul (2012) An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia. International Journal of Economics and Management Sciences, 1 (7). pp. 64-74. ISSN 2162-6359 http://www.managementjournals.org/ijems/7/IJEMSi12i1709.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Islam, Mohd Aminul An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
description	This paper aims to assess the financial performance of two (2) Development Financial Institutions (DFIs) in Malaysia namely; Bank Simpanan Nasional or National Savings Bank (BSN) and Bank Kerjasama Rakyat Malaysia or Cooperative Bank (BR) for a period of 5 years spanning from 2006 to 2010. The DFIs are specialized financial institutions established by the government to achieve the socio-economic development objectives of the country through developing and promoting the key strategic sectors of the economy. In this study, we employed most commonly used financial ratio tools on a sample of two (2) development financial institutions to evaluate their performances so as to indicate how well they are prepared to meet the socio-economic development objectives of the country. To the best of our knowledge, related study assessing the performance of DFIs in Malaysia is scant. Thus realizing from the scarcity of studies on this component of financial system particularly in the case of Malaysia, we consider the present effort to be worthy addition to the existing literature in this line. To achieve our objectives, we used data and other relevant information collected from the annual reports of individual Development Financial Institutions under consideration. In addition, we also utilized Annual Reports of Bank Negara Malaysia or Central Bank of Malaysia (BNM-AR). The results showed that the financial health of the two DFIs under this study is sound but comparatively Bank Rakyat (BR) is in better position than its peer Bank Simpanan Nasional (BSN). The sound financial health also indicates the potential ability to cater the financial needs of the strategic sector of the economy towards achieving the socio-economic development objectives of the country.
format	Article
author	Islam, Mohd Aminul
author_facet	Islam, Mohd Aminul
author_sort	Islam, Mohd Aminul
title	An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
title_short	An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
title_full	An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
title_fullStr	An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
title_full_unstemmed	An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia
title_sort	appraisal of the performance of two (2) development financial institutions (dfis) in malaysia
publisher	Management Journals, USA
publishDate	2012
url	http://irep.iium.edu.my/25147/ http://irep.iium.edu.my/25147/ http://irep.iium.edu.my/25147/1/IJEMSi12i1709_Published_Paper.pdf
first_indexed	2023-09-18T20:37:35Z
last_indexed	2023-09-18T20:37:35Z
_version_	1777409149883121664

An appraisal of the performance of two (2) Development Financial Institutions (DFIs) in Malaysia

Similar Items