Concluding Remarks

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

Chapter 11 in Cooperative Banking: Innovations and Developments, 2009, pp 228-232 from Palgrave Macmillan

Abstract: Abstract Since the late 1980s international events, such as globalization, innovation, deregulation, disintermediation, consolidation, and the new emphasis on shareholder value have deeply modified financial and banking markets. Other events have affected European banking markets in particular, such as the completion of the EU single market programme and its extension to eastern European countries, and the creation of the euro area. These events have rapidly brought about dramatic changes in the level of competition, influencing the quality and the price of financial services and banks’ performance by squeezing profitability. In response to these changes, banks have initiated a deep restructuring and reorganization process at all levels, strategic, operational, and organizational. Yet, even in this increasingly competitive environment, cooperative banks remain successful and healthy, and are gaining market share at the expense of their competitors.

Keywords: Banking Industry; Euro Area; Commercial Bank; Saving Bank; Small Bank (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Concluding Remarks (2010)
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:pal:pmschp:978-0-230-23578-6_11

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230235786

DOI: 10.1057/9780230235786_11

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().