Work in progress on the Costs of Banking Contracts: Towards a New «Transparency»?

Gianluca Mucciarone

Banca Impresa Società, 2013, issue 2, 337-356

Abstract: In recent years, the regulation of economic conditions of banking contracts hasundergone a significant change. New rules were issued on remuneration of creditsand overrunning, value date, secondary costs of payment services, costs for the informationprovided to clients and credit assessment. These rules can be regarded as the«sketch of a new drawing» of transparency. This drawing is based on the distinctionbetween «price» and «expenses» and reduces the expenses chargeable to clients, sothat the overall cost of services do not exceed - as rule - their price. This approachis intended not only to make agreements more understandable to clients, but alsodirectly to promote efficiency in the industry.

Keywords: Bank; contract; cost; price; transparency. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1435/75292 (application/pdf)
https://www.rivisteweb.it/doi/10.1435/75292 (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:mul:jqmthn:doi:10.1435/75292:y:2013:i:2:p:337-356

Access Statistics for this article

More articles in Banca Impresa Società from Società editrice il Mulino
Bibliographic data for series maintained by ().