This piece of writing talks on a sustainable initiative taken by the “Greening Banking System” here in UAE. This report includes the in-depth causes and effects of the crime and deviant acts using primary and secondary data such as facts and figures, journals, and questionnaires, the impact of this on the business and sustainable development prevention strategy. Finally, an action plan will be taken on how to reduce the crime and deviance of the initiative.
The purpose of this report is to create awareness on the issues crime and deviance in banking systems and outline a strategic plan for a more sustainable development through collecting data. The data collection was done through the primary and secondary research such as findings and figures, journal articles and questionnaire. A somewhat part of the data was collected through questionnaires answered by bankers, guards and the costumers. The collected data will be used to create a strategic plan on how to prevent such acts from re-occurring. The Monguno’s Nation Bank is a banking system that focuses mainly on sustainable banking practices like online banking instead of branch banking, online transactions such as paying bills online instead of mailing them and opening up accounts at online banks instead. This is also known as green banking.
Crime is a behaviour that breaks the laws of the society, whilst deviance is a behaviour that differs from the norms and values of a particular group or society (Swale, 2007). With the development in technology deviancy has extended from the streets of our home and even to our banks. Sutherland referred to white collar crime in his 1941 research paper and described it as crimes committed by people belonging to the higher echelons of society (Bonger, 1964). Criminal acts related to banking systems often occur at the operation hours of the banks. Such criminal acts include bank robbery, fraud or theft.
According to An anonymous Zenith Bank staff “such crimes affects not only the people who were kept as hostages but also has a great impact on the working staff of the bank”. This brings fear to employees and customers as they can lose their lives or get injured during such acts, due to this it led to a minor down fall to their company for a period of time. Furthermore, the deviant behaviours that are likely to occur in the banks are; quarrels from the customers or staff, minor conflicts tend to rise when there happens to be a very long queue and customers got tired of waiting. According to an anonymous person “he/she once experience a situation whereby a bank staff went to the office drunk which made a certain customer to withdraw from banking with that company”. Not only criminal acts but also deviant behaviours can cause the loos of profit to the company.
The population size of 10 was chosen in the means of collecting the primary data through answering a questionnaire. The questionnaire consist of 10 questions, this made the evaluation of the data in terms of percentage easier. Most of these people were randomly chosen and include male, female, guards, students and bankers. The questionnaire was based on random stratified sampling and adopted basic questions about the impact of crime and deviance on banks. The reason for using this method of data collection was used because it is considered to be effective, reliable and does not consume too much time. Summary of data:
After gathering the information from the responses, it was seen that the male gender is more likely to commit acts of crime and deviance than the female gender towards the chosen sustainable business initiative. In the short run, this sustainable initiative ensures that there was no wastage of resources and infrastructure. In addition, it helps to reduce carbon emission in the environment as there’s no means of transportation needed and it also stops the use of papers in a somewhat percentage. Research Findings:
The primary findings clearly indicated that 40% of the people that answered the questions are between the ages of 15-25 years, while 30% are within the ages of 21-25 year and 30% are within the age of 26-30 years. Figure 1.1
The above chart shows most people 40% that answered questions 5 and 7 (appendix 1.0), have never witnessed criminal acts at banks, while 10% stated that they have witnessed it before. Analytically, this shows that deviant behaviours occur more than criminal acts because of the high level security however it is still frequent. Though, it is clearly stated that the people that witnessed criminal acts at banks were affected either physically or mentally. 30% of the people asked stated that they have observed deviant behaviours at banks such as quarrels, disrupting peace by creating unnecessary noise and smoking, and this is mostly caused by lack of patience.
Fig. 2.0 According to the data collected, 90% agreed that the male gender is more likely to indulge in criminal and deviant behaviours acts. Such criminal and deviant acts can be reduced or prevent by social security as answered by 40% of the people, while 10% believed that implementation of fine is a more effective way. The other 30% said that the use of high surveillance cameras is a better way to stop or reduce such acts, while the rest of the 20% argued that effective crime control should be considered as a more efficient way to cut down the amount of crimes and deviant acts in banks. Fig. 2.1
Statistically 30% of the people that answered the questionnaire are aware of what green banking is, while 20% of them do not know about green banking, and 20% of the people do practice sustainable banking that is green banking, whereas 30% of the people do not because of the lack of knowledge they have on it. This clearly showed that there is a greed need for this sustainable initiative.
In conclusion, this report shows that normal banking systems are greatly affected by acts of crime and deviance. The data collected was analysed and showed that green banking can be possible as the crime and deviance will not have a negative impact to the sustainable business practices.
From the above analysis it is clear that there are possible ways to control criminal and deviant acts in the bank. Theses possible solutions include more security guards, security cameras and effective contact with the police to control any deviant behaviour that might occur in the bank. The bank will be singled out from any outside interference when involved in high amount transactions. There will be highly trained security personnel all over the building in order for them to overpower any number of deviant acts under any situation. Finally, surveillance cameras will be installed at strategic locations all-over the bank for easier monitoring.