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Can Monetary union Enhance Banking Competition?: A Multicase Study


  • Utrero-González, Natalia

    () (Universitat Autònoma de Barcelona)

  • Callado-Muñoz, Francisco J.

    () (Universitat de Girona)


The deregulation of financial services in the European Union and the development of information technology have fostered recent changes in the European banking industry. This process, that has affected market competition, has been accelerated by the establishment of the Economic and Monetary Union (EMU). This paper makes a comparative analysis of the market conditions for banking sectors in Spain and France (EMU participation countries) and UK and Denmark (not participating in EMU) in order to assess the effects of the adoption of the Single currency in banking market conditions. This comparison is made distinguishing between commercial banks and non-profit financial institutions.

Suggested Citation

  • Utrero-González, Natalia & Callado-Muñoz, Francisco J., 2007. "Can Monetary union Enhance Banking Competition?: A Multicase Study," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 22, pages 128-155.
  • Handle: RePEc:ris:integr:0389

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    References listed on IDEAS

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    Cited by:

    1. Malgorzata Pawlowska, 2012. "Competition, concentration and foreign capital in the Polish banking sector (prior and during the financial crisis)," NBP Working Papers 130, Narodowy Bank Polski, Economic Research Department.

    More about this item


    Banking Competition; Market structure; Economic integration; EMU;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General


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