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Savers and the Risk of Deposit Banking

In: Risk Management in Early Banking

Author

Listed:
  • Mats Larsson

    (Uppsala University)

  • Kristina Lilja

    (Uppsala University)

  • Tom Petersson

    (Uppsala University)

Abstract

The issue to be discussed is how financial organizations manage to attract savings. The chapter shows that deposit banking in Sweden was introduced in the savings banks and for many decades functioned with restrained legislation and control of the state. However, personal trustworthiness and founders’ network had limits in building and supporting legitimacy. When deposit banking increased during the second half of the nineteenth century, bank regulations were introduced to secure account holders’ deposits.

Suggested Citation

  • Mats Larsson & Kristina Lilja & Tom Petersson, 2021. "Savers and the Risk of Deposit Banking," Palgrave Studies in the History of Finance, in: Risk Management in Early Banking, chapter 0, pages 37-58, Palgrave Macmillan.
  • Handle: RePEc:pal:psitcp:978-3-030-80775-7_4
    DOI: 10.1007/978-3-030-80775-7_4
    as

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