Germany's Three-Pillar Banking System: Cross-Country Perspectives in Europe
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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:
Bank soundness Banking Commercial banks Cooperative banks Economic sectors Financial institutions Financial sector policy and analysis National accounts Personal income Public sector State-owned banks
English
Publication Date:
June 21, 2004
ISBN/ISSN:
9781589063488/0251-6365
Stock No:
S233EA
Pages:
52
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