Germany's Three-Pillar Banking System: Cross-Country Perspectives in Europe

Publication Date:

June 21, 2004

Electronic Access:

Link to Abstract

Summary:

German banks tend to be less profitable than their foreign counterparts. This paper estimates the likely effect of the phaseout of state guarantees for public sector banks, reviews the various ways in which public policy could contribute to their restructuring, and discusses the various arguments for and against public involvement in banking.

Series:

Occasional Paper No. 2004/007

Subject:

English

Publication Date:

June 21, 2004

ISBN/ISSN:

9781589063488/0251-6365

Stock No:

S233EA

Pages:

52

Please address any questions about this title to publications@imf.org