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

Author/Editor: Decressin, Jörg ; Brunner, Allan D. ; Hardy, Daniel C. L. ; Kudela, Beata
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 phase-out 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. 233
Subject(s): Banking systems | Europe | Germany

Publication Date: June 21, 2004
ISBN/ISSN: ISBN 1-58906-348-1 ; ISSN 0251-6365 Format: Paper
Stock No: S233EA Pages: 52
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