An Overview of Cooperative Banking in Europe
Pages 1-27
Cornée, Simon (et al.)
The New Economic Scenario and Its Impact on the Cooperative Banking Business Model
Pages 29-45
Meyer, Eric
Cooperative Banks Lending During and After the Great Crisis
Pages 47-85
Migliorelli, Marco
Cooperative Banks and Banking Regulation in the EU: Key Elements
Pages 87-101
Migliorelli, Marco
National Initiatives to Drive the Evolution of the Cooperative Banking Sector
Pages 103-139
Groeneveld, Hans (et al.)
The Governance of Cooperative Banks: Main Features and New Challenges
Pages 141-161
Lamarque, Eric
The New Paradigm of Digital Proximity for Cooperative Banks
Pages 163-181
Gorlier, Tiphaine (et al.)
The Way Forward for Cooperative Banks
Pages 183-200
Goglio, Silvio (et al.)
The Cooperative Banks Today in the EU Perspective
Pages 201-229
Caselli, Giorgio
Cooperative Banking in Europe Today: Conclusions
Pages 231-242
Migliorelli, Marco
This 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 serviceswhich are the backbone of the cooperative banking businessand 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.
