Titlebook: Cooperative Banking in Europe; Case Studies Vittorio Boscia (Professor in Banking),Alessandro Book 2010 Palgrave Macmillan, a division of

潜移默化

Asymptomatic

Concluding Remarks integration of the European banking market. Nevertheless, the oligopoly of a wide number of retail banks will be gradually eroded under the pressure of competition and the less efficient banks will lose their power and share in the local markets.

Charade

埋葬

Confidence: The “Flywheel” Turnsbeen characterized by a substantial phase of expansion of the economic cycle, as a result of the strong increment of the internal demand in terms of consumptions and national investments (Camera di Commercio e Industria ltaliana per la Spagna 1998; Banca di Spagna 2003 and 2004).

prosperity

Conjuction

无意

etidronate

Commercial Microfinance and Poverty integration of the European banking market. Nevertheless, the oligopoly of a wide number of retail banks will be gradually eroded under the pressure of competition and the less efficient banks will lose their power and share in the local markets.

SAGE

To Play by the Rules of the Game European banking system is also influenced by international-worldwide trends; that is, globalization, innovations, deregulation, disintermediation, dimension, shareholders value, and so forth (see Schmidt 2000; European Central Bank 1999, 2004, 2005; Rybczynski 1988; Pavel and McElravey 1990; White 1998).

致命

Confidence: The “Flywheel” Turnsurvive and develop even in particularly unfavourable economic conditions as it is the case with Portugal. The following sections survey the main characteristics of the context in which the cooperative movement hinges before analysing in detail its institutional, organizational and managerial characteristics.