JOURNAL ARTICLE
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Regionale Banken in einer globalisierten Welt
Schnabel, Isabel | Hakenes, Hendrik
Credit and Capital Markets – Kredit und Kapital, Vol. 40 (2007), Iss. 3 : pp. 351–380
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Isabel Schnabel, Mainz
Hendrik Hakenes, Bonn
References
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Abstract
Regional Banks in a Globalized World
In this paper, we analyze the potential role of regional banks in a globalized world. We argue that regional banks may have a competitive advantage due to greater customer loyalty and flat hierarchies. Higher costs due to small scale may be compensated by the outsourcing of activities, for example within a banking network. The example of Germany shows that regional banks can be profitable even in the presence of global competition. Hence, a crowding-out of regional banks is unlikely.