000890160 000__ 06030cam\a2200505Ii\4500 000890160 001__ 890160 000890160 005__ 20230306145912.0 000890160 006__ m\\\\\o\\d\\\\\\\\ 000890160 007__ cr\cn\nnnunnun 000890160 008__ 180905s2018\\\\sz\\\\\\ob\\\\001\0\eng\d 000890160 019__ $$a1050618865 000890160 020__ $$a9783319935782$$q(electronic book) 000890160 020__ $$a331993578X$$q(electronic book) 000890160 020__ $$z9783319935775 000890160 020__ $$z3319935771 000890160 035__ $$aSP(OCoLC)on1050448458 000890160 035__ $$aSP(OCoLC)1050448458$$z(OCoLC)1050618865 000890160 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dN$T$$dEBLCP$$dYDX$$dNLE$$dOCLCF$$dFIE$$dUKMGB$$dMERER$$dOCLCQ$$dUKAHL$$dGW5XE 000890160 043__ $$ae------ 000890160 049__ $$aISEA 000890160 050_4 $$aHG2039.E85$$bN49 2018 000890160 08204 $$a334/.2094$$223 000890160 24500 $$aNew cooperative banking in Europe :$$bstrategies for adapting the business model post crisis /$$cedited by Marco Migliorelli. 000890160 264_1 $$aCham, Switzerland :$$bPalgrave Macmillan,$$c[2018] 000890160 300__ $$a1 online resource 000890160 336__ $$atext$$btxt$$2rdacontent 000890160 337__ $$acomputer$$bc$$2rdamedia 000890160 338__ $$aonline resource$$bcr$$2rdacarrier 000890160 504__ $$aIncludes bibliographical references and index. 000890160 5050_ $$aIntro; Foreword; Preface; Acknowledgements; Contents; Notes on Editor and Contributors; List of Figures; List of Tables; Chapter 1: An Overview of Cooperative Banking in Europe; 1.1 Cooperative Banks: Origins and Fundamental Principles in Today's World; 1.2 Types of Cooperative Banking Groups and Networks; 1.3 Size and Geographical Presence of Cooperative Banks in Europe; 1.4 Cooperative Banks and Relationship Banking; 1.5 Characteristics of the Support of Cooperative Banks to the Economy; 1.6 Stability of Cooperative Banks; 1.7 Cooperative Banks and Savings Banks; References 000890160 5058_ $$aChapter 2: The New Economic Scenario and Its Impact on the Cooperative Banking Business Model2.1 Introduction; 2.2 Key Elements of the New Economic Scenario; 2.2.1 Low Interest Rates; 2.2.2 Regulatory Burden; 2.2.3 Digitalization; 2.3 The Impact of Extremely Low Interest Rates on Cooperative Banks; 2.3.1 Interest Rates and Their Impact on Bank Profitability; 2.3.2 Cooperative Banks and Cooperative Banking Groups; 2.3.3 Development of Cooperative Banks' Net Interest Income and Profitability; 2.4 Reacting to the New Economic Scenario; 2.4.1 Bringing Risk to the Market; 2.4.2 Reducing Costs 000890160 5058_ $$a2.4.3 New Sources of IncomeReferences; Chapter 3: Cooperative Banks Lending During and After the Great Crisis; 3.1 Introduction; 3.2 Lending Behaviour of Cooperative Banks in the Different Areas of the Continent; 3.2.1 Analysing Lending Behaviour Via the Bank Lending Channel; 3.2.2 Research Method; 3.2.3 Empirical Observation and Discussion of Results; 3.3 Lending Supply, Capitalisation and Non-performing Loans During the Great Crisis: The Italian Case; 3.3.1 Credit Crunch and Levels of Banks' Capitalisation; 3.3.2 Research Method; 3.3.3 Empirical Observation and Discussion of Results 000890160 5058_ $$a3.4 Limits to the Countercyclical Role of Cooperative BanksReferences; Chapter 4: Cooperative Banks and Banking Regulation in the EU: Key Elements; 4.1 Introduction; 4.2 The Cooperative Banking Singularity in the EU Regulation; 4.3 Relevant Aspects of Regulation for Cooperative Banks; 4.3.1 Capital Requirements; 4.3.2 Governance Requirements; 4.3.3 The Institutional Protection Schemes; 4.3.4 The Opening of the Market of Payment Services to Third Party Providers; References; Chapter 5: National Initiatives to Drive the Evolution of the Cooperative Banking Sector; 5.1 Introduction 000890160 5058_ $$a5.2 The Reform of the Cooperative Banking Sector in the Netherlands5.2.1 Overview; 5.2.2 External Environment; Macroeconomic Environment; Banking Regulation and Supervision; Banking Sector Shake Up; 5.2.3 Internal Challenges; 5.2.4 Strategic Responses; Fundamental Governance Reform; Cost Reductions, Efficiency Improvements and Capitalisation; Strategic Reorientation; Evolution of the Rabobank Group; 5.2.5 Concluding Remarks; 5.3 The Reform of the Cooperative Banking Sector in Italy; 5.3.1 The Cooperative Banking Industry in Italy and Its Recent Evolution; The Legal Framework 000890160 506__ $$aAccess limited to authorized users. 000890160 520__ $$aThis 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.--$$cProvided by publisher. 000890160 588__ $$aDescription based on online resource; title from digital title page (viewed on September 11, 2018). 000890160 650_0 $$aBanks and banking, Cooperative$$zEuropean Union countries. 000890160 650_0 $$aMonetary policy$$zEuropean Union countries. 000890160 7001_ $$aMigliorelli, Marco,$$eeditor. 000890160 77608 $$iPrint version $$z3319935771$$z9783319935775$$w(OCoLC)1035510495 000890160 852__ $$bebk 000890160 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-93578-2$$zOnline Access$$91397441.1 000890160 909CO $$ooai:library.usi.edu:890160$$pGLOBAL_SET 000890160 980__ $$aEBOOK 000890160 980__ $$aBIB 000890160 982__ $$aEbook 000890160 983__ $$aOnline 000890160 994__ $$a92$$bISE