The Role of Stakeholder Banks in the European Banking Sector

Panu Kalmi
Additional contact information
Panu Kalmi: University of Vaasa

Chapter 2 in Institutional Diversity in Banking, 2017, pp 33-50 from Palgrave Macmillan

Abstract: Abstract Socially oriented financial institutions and profit-oriented financial institutions have an equally long history in Europe. Stakeholder banks occupy a unique and important position in the European banking sector and they have been credited with stabilizing the financial market. Changes in financial markets have also caused significant changes in the operations of stakeholder oriented institutions, leading to remarkable convergence of the profit-maximizing sector and the stakeholder banks. At the same time, stakeholder banks have remained true to many of their original characteristics. The tensions between regulatory and competitive pressures on the one hand and the need for a more diverse financial sector on the other will continue to characterize the European banking market for years to come.

Keywords: Saving Bank; Loan Loss; Local Bank; Building Society; Banking Market (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (8)

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

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:pal:pmschp:978-3-319-42073-8_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783319420738

DOI: 10.1007/978-3-319-42073-8_2

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 ().