The European Banking Sector

Claudio Gomez Portaleoni, Svetla Marinova, Rehan ul-Haq and Marin Marinov
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Claudio Gomez Portaleoni: Siemens
Svetla Marinova: Aalborg University
Rehan ul-Haq: University of Birmingham
Marin Marinov: University of Gloucestershire

Chapter 4 in Corporate Foresight and Strategic Decisions, 2013, pp 114-125 from Palgrave Macmillan

Abstract: Abstract The banking sector is a cornerstone for the development of any economy in the world. This is because the predominant actors in the field — namely, banks or credit institutions1 — serve as financial intermediaries by enabling the allocation of savings, reduction of risk through diversification, extension of credit and the management of the economy’s payment system. The banking sector’s structure is shaped by several factors such as the degree of governance, the ownership of the bank and the concentration of economic power (Barth, Caprio and Nolle, 2004).

Keywords: Banking Sector; Strategic Decision; European Central; Islamic Bank; Credit Institution (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-32697-3_5

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DOI: 10.1057/9781137326973_5

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