Open Journal of Business and Management

Volume 8, Issue 3 (May 2020)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

From the Perspective of Commercial Banks to Explore the Difficulties in the Development of the “Time Bank” Mutual Support

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DOI: 10.4236/ojbm.2020.83080    557 Downloads   1,348 Views  Citations
Author(s)

ABSTRACT

“Time Bank”, as the most representative form of mutual support for the aged, is still in the early stage in China. From the perspective of commercial banks, this paper explores how time currency operates and analyzes the real dilemma of “Time Bank” from four main factors including time account, time currency, time deposit receipt, free deposit and withdrawal, thus providing effective reference for “Time Bank” to obtain credibility and expand coverage in order to form a far-reaching pension mode finally.

Share and Cite:

Liu, D. (2020) From the Perspective of Commercial Banks to Explore the Difficulties in the Development of the “Time Bank” Mutual Support. Open Journal of Business and Management, 8, 1243-1251. doi: 10.4236/ojbm.2020.83080.

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