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Roles, Missions and Business Models of Public Financial Institutions in Europe


  • Mathias Schmit
  • Thierry Denuit
  • Laurent Gheeraert
  • Cédric Warny


In Europe, the balance between publicly owned and privately owned financialinstitutions varies through time and from country to country. Historically, nationalisations and privatisations have moved the balance backwards and forwards. So has the recent financial crisis. Mathias Schmit, Laurent Gheeraert, Thierry Denuit and Cédric Warny from the Solway Brussels School of Economics and Management have carried out a huge research project in which they analyse the roles and missions of financial institutions with public ownership and involvement in 32 European countries. They have published their results in the report: Public Financial Institutions in Europe, European Association of Public Banks, Brussels, March 2011.

Suggested Citation

  • Mathias Schmit & Thierry Denuit & Laurent Gheeraert & Cédric Warny, 2011. "Roles, Missions and Business Models of Public Financial Institutions in Europe," SUERF Studies, SUERF - The European Money and Finance Forum, number 2011/5, March.
  • Handle: RePEc:erf:erfstu:67

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    More about this item


    Public banks; funding agency; special credit institution; public participation; ownership; control;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government


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