Occasional Papers

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

June 21, 2004

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Format: Chicago

International Monetary Fund. Germany's Three-Pillar Banking System: Cross-Country Perspectives in Europe, (USA: International Monetary Fund, 2004) accessed 12/13/2025, https://doi.org/10.5089/9781589063488.084

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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.

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

Keywords: Baltics, bank, Bank soundness, banks in Germany, Commercial banks, Cooperative banks, Europe, Fitch IBCA database, Germany's banking system, OECD bank profitability data, OP, Personal income, private sector bank, Public sector, public sector bank, public sector bank lending behavior, State guarantee, State-owned banks

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