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The choice of banking firm: Are the interest rate a significant criteria?

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Author Info
Antoni Garrido Torres () (Grup de Recerca en Federalisme Fiscal i Economia Regional (Institut d'Economia de Barcelona-IEB), Departament d'Econometria, Estadística i Economia Espanyola, Universitat de Barcelona)
Pere Arqué Castells (Grup de Recerca en Federalisme Fiscal i Economia Regional (Institut d'Economia de Barcelona-IEB), Universitat de Barcelona.)
Abstract

The objective of the research is to know the factors that in Spain determine the choice of banking organization. The obtained results indicate that the dimension of the network of branches is the reason more valued. In spite of the increasing symmetry of the Spanish banking market, the preferences of the clients of the savings banks and those of the banks are not absolutely coincident, being the proximity - the main reason for election- much more valued by the former than by the latter. The existence of divergences in the preferences has also been detected according to the region and the typology of city of residence.

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File URL: http://www.pcb.ub.es/xreap/aplicacio/fitxers/CREAP2006-08.pdf
File Format: application/pdf
File Function: First version, 2006
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File URL: http://www.pcb.ub.es/xreap/aplicacio/fitxers/CREAP2006-08.pdf
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File Function: Revised version, 2006
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Publisher Info
Paper provided by Xarxa de Referència en Economia Aplicada (XREAP) in its series Working Papers with number CREAP2006-08.

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Length: 27 pages
Date of creation: Dec 2006
Date of revision: Dec 2006
Handle: RePEc:xrp:wpaper:creap2006-08

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Postal: Espai de Recerca en Economia, Facultat de Ci�ncies Econ�miques i Empresarials, Universitat de Barcelona, c/ Tinent Coronel Valenzuela, 1-11, 08034 Barcelona
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Web page: http://www.pcb.ub.es/xreap
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Related research
Keywords: Choice criteria; retail banking; logit multinomial.;

Find related papers by JEL classification:
G20 - Financial Economics - - Financial Institutions and Services - - - General
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

This paper has been announced in the following NEP Reports:

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  1. Christian Durán Weitkamp & Mónica Martín Bofarull & Federico Pablo Martí, 2008. "Economic effects of road accessibility in the Pyrenees: user perspective," Working Papers XREAP2008-1, Xarxa de Referència en Economia Aplicada (XREAP), revised Jan 2008. [Downloadable!]
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