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Introduction

V. Boscia, Alessandro Carretta () and P. Schwizer

Chapter 1 in Cooperative Banking: Innovations and Developments, 2009, pp 1-6 from Palgrave Macmillan

Abstract: Abstract Cooperative banks have been considered central players in economic and social development since the 19th century. Theoretical and empirical analyses identify their crucial role by reference to certain specific features, starting with their cooperative institutional form and their several forms of “proximity”. The mission of cooperative banks is to promote the economic interests and the social and economic benefits of their members-customers-employees, within a not-for-profit framework. Their activity is founded on such crucial ideas as mutuality, locality, ethics, solidarity and social cohesion.

Keywords: Banking Sector; Current Role; Internal Control Model; Banking Market; Retail Banking (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-23578-6_1

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DOI: 10.1057/9780230235786_1

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