Banking Consolidation and Financial Innovation

Martin Schulz

Japanese Economy, 2005, vol. 33, issue 3, 27-54

Abstract: Japan's financial markets have become even more concentrated and are dominated by a few mega-banks. This, and the low level of investment during the financial market crisis, hampered the development of significant financial innovation. But after banking consolidation, the focus of the financial industry is shifting toward developing Japan's "underbanked" and underserviced retail banking market. On the basis of current deregulation of nonbank financial services and the boom of e-money and e-commerce technologies, new alliances between network, retail, and financial service providers are on the brink of developing a whole set of integrated, innovative finance and banking platforms.

Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.2753/JES1097-203X320302 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:jpneco:v:33:y:2005:i:3:p:27-54

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJES19

DOI: 10.2753/JES1097-203X320302

Access Statistics for this article

More articles in Japanese Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().