IDEAS home Printed from https://ideas.repec.org/a/cai/refaef/ecofi_111_0159.html
   My bibliography  Save this article

Caisses d'épargne et banques coopératives en Europe

Author

Listed:
  • Dilek Bülbül
  • Reinhard H. Schmidt
  • Ulrich Schüwer

Abstract

Historically, savings banks and cooperative banks have played an important role in the financial systems of almost all European countries. However, the wave of financial deregulation, liberalization and privatization in the late 20th century has changed their role and their institutional forms in most European countries. In order to assess these developments, we first characterize savings and cooperative banks by pointing out their former common characteristic features. Then we describe their recent development in different European countries and their performance before and after the financial crisis. As we argue, Germany is unique in so far as only there savings and cooperative banks have maintained most of their traditional features. We then take a look at the relevant changes that have occurred in other European countries. The article concludes with a plea for a re-orientation of EU banking policy in such a way that the diversity of institutional forms of banks in Europe is maintained and even strengthened. Classification JEL: G21, N24.

Suggested Citation

  • Dilek Bülbül & Reinhard H. Schmidt & Ulrich Schüwer, 2013. "Caisses d'épargne et banques coopératives en Europe," Revue d'économie financière, Association d'économie financière, vol. 0(3), pages 159-188.
  • Handle: RePEc:cai:refaef:ecofi_111_0159
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_111_0159
    Download Restriction: free

    File URL: http://www.cairn.info/revue-d-economie-financiere-2013-3-page-159.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Egarius, Damien & Weill, Laurent, 2016. "Switching costs and market power in the banking industry: The case of cooperative banks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 42(C), pages 155-165.

    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:refaef:ecofi_111_0159. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-financiere.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.