IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/1167.html
   My bibliography  Save this paper

Cooperativas financieras: revisión de experiencias internacionales (In Spanish)
[Credit cooperatives: overview of international experiences (In Spanish)]

Author

Listed:
  • Delfiner, Miguel
  • Perón, Silvana
  • Pailhé, Cristina

Abstract

This paper presents a comprehensive review on the activity of credit cooperatives in those countries where this sector has a long tradition and reached an important development. It describes the historical evolution in each country with special focus on the regulatory issues. The main differences between the cooperative financial sector and the traditional banking system are their corporative structure and the geographical area where these entities operate, which are a result of the market where they operate. We found an important development of a banking cooperative structure in those countries where the activity is significant, which is usually organized in federations and central entities operating with different products and services. This pyramidal structure is mainly related with the need of reaching economies of scale and synergies that local entities could not obtain. The federations provide services to local entities and represent them before the authorities. Central units work close to federations, providing a broad range of services too. This kind of structure, called cooperative net, allows local entities to exploit their relative advantages in contrast to big banks, related to the knowledge and geographical proximity to clients, but without having to suffer disadvantages in the variety of services they can provide.

Suggested Citation

  • Delfiner, Miguel & Perón, Silvana & Pailhé, Cristina, 2006. "Cooperativas financieras: revisión de experiencias internacionales (In Spanish)
    [Credit cooperatives: overview of international experiences (In Spanish)]
    ," MPRA Paper 1167, University Library of Munich, Germany, revised 2006.
  • Handle: RePEc:pra:mprapa:1167
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/1167/1/MPRA_paper_1167.pdf
    File Function: original version
    Download Restriction: no

    More about this item

    Keywords

    Credit Unions; Cooperative Nets; Regulatory Issues;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:1167. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.