Savers and the Risk of Deposit Banking

Mats Larsson, Kristina Lilja and Tom Petersson
Additional contact information
Mats Larsson: Uppsala University
Kristina Lilja: Uppsala University
Tom Petersson: Uppsala University

Chapter Chapter 4 in Risk Management in Early Banking, 2021, pp 37-58 from Palgrave Macmillan

Abstract: Abstract The issue to be discussed is how financial organizations manage to attract savings. The chapter shows that deposit banking in Sweden was introduced in the savings banks and for many decades functioned with restrained legislation and control of the state. However, personal trustworthiness and founders’ network had limits in building and supporting legitimacy. When deposit banking increased during the second half of the nineteenth century, bank regulations were introduced to secure account holders’ deposits.

Keywords: Attract depositors; Legitimacy without regulation; Competition; Savings banks (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

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:psitcp:978-3-030-80775-7_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030807757

DOI: 10.1007/978-3-030-80775-7_4

Access Statistics for this chapter

More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().