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New Cooperative Banking in Europe

Strategies for Adapting the Business Model Post Crisis

Editors: Migliorelli, Marco (Ed.)

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  • Showcases how the European cooperative banks have continued to evolve amid a new competitive scenario that resulted from the Great Crisis in Europe in 2009
  • Outlines recent regulatory constraints that have produced an increased capital and liquidity burden
  • Observes and analyses how cooperative banks have been reacting in the attempt to preserve their unique business model
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eBook £79.50
price for United Kingdom (gross)
  • ISBN 978-3-319-93578-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £99.99
price for United Kingdom (gross)
  • ISBN 978-3-319-93577-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This edited volume showcases how the European cooperative banks have continued to evolve amid a new competitive scenario that resulted from the Global Financial Crisis started in Europe in 2008. The cooperative banking paradigm has been put under an unprecedented pressure as a consequence of factors such as the exceptionally low interest rates set by the European Central Bank, low profitability generated by traditional banking services—which are the backbone of the cooperative banking business—and the entrance of fintech companies into the banking market. Furthermore, tightening regulation since the beginning of the crisis has produced an increased capital and liquidity burden which in some cases have forced cooperative banks to reduce lending to their members and customers, putting under question the traditional countercyclical role of cooperative banks in periods of crisis. For these reasons, it is of the utmost value to observe and analyse how cooperative banks have been reacting in the attempt to preserve their unique business model and, at the same time, to keep providing credit to the economy. A number of scholars active in the cooperative banking sector have been involved in this edited volume as contributors.


About the authors

Marco Migliorelli is a researcher in finance at the IAE of the University Paris 1 Panthéon-Sorbonne (Sorbonne Business School), France and an economist at the European Commission. He holds a PhD in banking and finance from the University of Rome Tor Vergata, Italy. His main research interests include cooperative banks, green finance and financing instruments innovation.


Table of contents (10 chapters)

Table of contents (10 chapters)
  • An Overview of Cooperative Banking in Europe

    Cornée, Simon (et al.)

    Pages 1-27

  • The New Economic Scenario and Its Impact on the Cooperative Banking Business Model

    Meyer, Eric

    Pages 29-45

  • Cooperative Banks Lending During and After the Great Crisis

    Migliorelli, Marco

    Pages 47-85

  • Cooperative Banks and Banking Regulation in the EU: Key Elements

    Migliorelli, Marco

    Pages 87-101

  • National Initiatives to Drive the Evolution of the Cooperative Banking Sector

    Groeneveld, Hans (et al.)

    Pages 103-139

Buy this book

eBook £79.50
price for United Kingdom (gross)
  • ISBN 978-3-319-93578-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £99.99
price for United Kingdom (gross)
  • ISBN 978-3-319-93577-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
New Cooperative Banking in Europe
Book Subtitle
Strategies for Adapting the Business Model Post Crisis
Editors
  • Marco Migliorelli
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-93578-2
DOI
10.1007/978-3-319-93578-2
Hardcover ISBN
978-3-319-93577-5
Edition Number
1
Number of Pages
XXIV, 246
Number of Illustrations
27 b/w illustrations
Topics