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The European Banking Sector

In: Corporate Foresight and Strategic Decisions

Author

Listed:
  • Claudio Gomez Portaleoni

    (Siemens)

  • Svetla Marinova

    (Aalborg University)

  • Rehan ul-Haq

    (University of Birmingham)

  • Marin Marinov

    (University of Gloucestershire)

Abstract

The banking sector is a cornerstone for the development of any economy in the world. This is because the predominant actors in the field — namely, banks or credit institutions1 — serve as financial intermediaries by enabling the allocation of savings, reduction of risk through diversification, extension of credit and the management of the economy’s payment system. The banking sector’s structure is shaped by several factors such as the degree of governance, the ownership of the bank and the concentration of economic power (Barth, Caprio and Nolle, 2004).

Suggested Citation

  • Claudio Gomez Portaleoni & Svetla Marinova & Rehan ul-Haq & Marin Marinov, 2013. "The European Banking Sector," Palgrave Macmillan Books, in: Corporate Foresight and Strategic Decisions, chapter 4, pages 114-125, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-32697-3_5
    DOI: 10.1057/9781137326973_5
    as

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