Cooperative Credit Network: Advantages and Challenges in Italian Cooperative Credit Banks

20 Pages Posted: 13 May 2011

Date Written: April 1, 2011

Abstract

This paper provides an outline of both the competitive advantages and challenges currently faced by Italian cooperative credit banks. These banks play an important role for the stability of the financial system at the level of regions. They provide credit to individuals and households, as well as capital to SMEs. Italian cooperative credit banks are integrated into a distinct sui generis network, which grants them an adequate level of competitiveness in the; and Visiting PhD student market. By effectively implementing democratic principles of governance and by focusing on retail banking, these banks foster responsible behaviour, which is crucial in times of crisis. This paper suggests that a better understanding of their specifics highlights their contribution to sound cooperation in economics. Finally, the paper provides policy recommendations for a qualitative supervision of cooperative credit banks to further increase the stability of the cooperative credit network and, thus, of the Italian financial system.

Keywords: Italian cooperative credit network, competitive advantages, governance, challenges

JEL Classification: G21, G28, P13

Suggested Citation

Stefancic, Mitja, Cooperative Credit Network: Advantages and Challenges in Italian Cooperative Credit Banks (April 1, 2011). Euricse Working Paper No. 016/11, Available at SSRN: https://ssrn.com/abstract=1831078 or http://dx.doi.org/10.2139/ssrn.1831078

Mitja Stefancic (Contact Author)

Univeristy of Ljubljana ( email )

Kardeljeva ploscad 17
Ljubljana, 1000
Slovenia

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