THEORETICAL FRAMEWORK
Soundness of Bank Soundess is a key factor in any financial sector. The major measures of the economic development and financial growth of a country has been the soundness of it banks. Soundness of the banking sector is synonymous with efficiency, productivity, profitability, stability and a shock free environment. Achieving stability in banking is only the beginning of a sound banking system. Aswini et al. (2012), the main goal of banks today is to maintain stability and make sure they are impervious to external shocks while at the same time being internally sound and sensible, hence, it is important to measure soundness across various banks in the country, identify the weaker sections of the banking sector, devise appropriate strategies and policies to lift these sections and eventually create an environment that leads banks to converge in soundness and result in a consistently stable system.
THEORETICAL FRAMEWORK Soundness of Bank Soundess is a key factor in any financial sector. The major measures of the economic development and financial growth of a country has been the soundness of it banks. Soundness of the banking sector is synonymous with efficiency, productivity, profitability, stability and a shock free environment. Achieving stability in banking is only the beginning of a sound banking system. Aswini et al. (2012), the main goal of banks today is to maintain stability and make sure they are impervious to external shocks while at the same time being internally sound and sensible, hence, it is important to measure soundness across various banks in the country, identify the weaker sections of the banking sector, devise appropriate strategies and policies to lift these sections and eventually create an environment that leads banks to converge in soundness and result in a consistently stable system.
การแปล กรุณารอสักครู่..
