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Centre for Money, Banking and Institutions

Mission Statement

The Centre of Money, Banking and Institutions (CMBI) aims to promote research excellence in the fields of banking and institutions, to assimilate its academic output with leading researchers, to stimulate debate and also to identify effective interventions to address concerns, if any, along with leading practitioners and policy makers in the UK and worldwide.

Goals and Activities

The primary goal of the CMBI is to encourage clusters of academics working in the fields of Banking and Institutions to engage in academic research that will have a strong impact on academic knowledge. Through the CMBI, this academic output is to be transmitted to other equally ambitious researchers, practitioners and policy-makers.

The Centre carries out a number of research activities aimed at achieving the primary objective. A non-exhaustive list of these activities is the following:

  1. Disseminate the outcomes of research internally and externally
  2. Organize conferences and workshops on a regular basis
  3. Generate internal and external funding
  4. Develop and sustain links with leading international academic institutions
  5. Develop and sustain links with Central Banks and banking regulatory bodies 
  6. Develop and sustain links with the World Bank, International Monetary Fund and International Finance Corporation
  7. Provide executive training to regulators and financial institutions
  8. Provide mentoring and other support to junior faculty members
  9. Attract quality research students
  10. To provide office space for short-term academic visits

Research Areas

The primary focus of the Centre is on empirical and theoretical research that is closely related with contemporary phenomena in the areas of banking and financial institutions, and on the transmission and assimilation of the results of this research with the output of other researchers, practitioners and policy makers. 

Research in banking and institutions encompasses two broad and interrelated areas:

  1. Banking: Empirical research pertaining to the effects of institutions and regulations on efficiency and stability of banks and capital markets within which they function, elements of financial stability and the role of monetary theory and policy.
  2. Institutions: Research will focus on how financial sector performance is affected by its institutions (legal, judicial as well as political) - institutions that secure property rights, govern firms, allocate credit, redistribute wealth and select leaders.