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Introduction

In: European Banking

Author

Listed:
  • Özlem Olgu

    (Koç University)

Abstract

Since the 1990s the European banking industry has been experiencing structural and legal changes concerning factors such as deregulation, liberalization, extraordinary upgrading in information technology (IT) and feedback from individual country economies as a reflection of the introduction of the euro (EUR) and the European Union’s (EU) enlargement process. In particular, changes and developments in the deregulation process have brought about a significant increase in competition, putting pressure on banks to become increasingly concerned with analysing and controlling their costs and revenues and, in return, maintaining high performance levels.

Suggested Citation

  • Özlem Olgu, 2011. "Introduction," Palgrave Macmillan Studies in Banking and Financial Institutions, in: European Banking, chapter 1, pages 1-6, Palgrave Macmillan.
  • Handle: RePEc:pal:pmschp:978-0-230-30591-5_1
    DOI: 10.1057/9780230305915_1
    as

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