English, Article, Journal or magazine article edition: Global Banking and Local Markets Pietro Alessandrini; Andrea Filippo Presbitero; Alberto Zazzaro

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Bookmark: http://trove.nla.gov.au/version/19241
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Global Banking and Local Markets
Author
  • Pietro Alessandrini
  • Andrea Filippo Presbitero
  • Alberto Zazzaro
Physical Description
  • preprint
Notes
  • In the early 1990s, a widely-shared opinion among scholars and practitioners was that the importance of physical proximity between banks and borrowers would be doomed to drastically decrease over time and, put in extreme terms, the end of banking geography would become a real possibility. However, the empirical evidence show an unrelenting importance of local credit markets for small borrowers and local economic development. In the paper, we selectively review the literature on the real effects of bank consolidation and produce new evidence on the role of headquarter-to-branch functional distance on relationship lending.
  • Functinal distance, Global banking development, Local banking
  • RePEc:anc:wmofir:4
Language
  • English
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