Local financial factors influencing activities of greek cooperative banks

This paper examines the influence of local conditions on banking activities focusing on the case of 14 cooperative banks in Greece for the period 1999-2007. These banks have been chosen because of their local character and consequently they are more influenced by local conditions in comparison to ba...

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Autores principales:	Simeon KARAFOLAS, George KONTEOS
Formato:	article
Lenguaje:	EN ES
Publicado:	AECOOP Escuela de Estudios Cooperativos 2010
Materias:	Bancos cooperativos Estrategia del banco Grecia Economía local Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/64133d587c1b4b779dfefc0961540553
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spelling	oai:doaj.org-article:64133d587c1b4b779dfefc09615405532021-11-12T13:14:36ZLocal financial factors influencing activities of greek cooperative banks1135-66181885-8031https://doaj.org/article/64133d587c1b4b779dfefc09615405532010-12-01T00:00:00Zhttp://revistas.ucm.es/index.php/REVE/article/view/19468https://doaj.org/toc/1135-6618https://doaj.org/toc/1885-8031This paper examines the influence of local conditions on banking activities focusing on the case of 14 cooperative banks in Greece for the period 1999-2007. These banks have been chosen because of their local character and consequently they are more influenced by local conditions in comparison to banks having a national and even international network. Local conditions could be endogenous and exogenous to the bank. The endogenous to the bank are the banking network developed locally or regionally, and the members of the banks who are the main part of the banks’ clientele. A macroeconomic and exogenous to the bank condition is the amount of savings in the prefecture in which the cooperative bank operates. The banking activities which have been examined include the deposits and loans constituting the main part of banking activities of cooperative banks in Greece.<br> The growth of the banking network is the main factor of growth of the bank’s activities; growth of cooperatives’ members and the growth of the local savings have a positive but less important influence on cooperative banks’ activities.Simeon KARAFOLASGeorge KONTEOSAECOOP Escuela de Estudios CooperativosarticleBancos cooperativosEstrategia del bancoGreciaEconomía localEconomics as a scienceHB71-74ENESRevista de Estudios Cooperativos, Vol 103, Iss 0, Pp 59-74 (2010)
institution	DOAJ
collection	DOAJ
language	EN ES
topic	Bancos cooperativos Estrategia del banco Grecia Economía local Economics as a science HB71-74
spellingShingle	Bancos cooperativos Estrategia del banco Grecia Economía local Economics as a science HB71-74 Simeon KARAFOLAS George KONTEOS Local financial factors influencing activities of greek cooperative banks
description	This paper examines the influence of local conditions on banking activities focusing on the case of 14 cooperative banks in Greece for the period 1999-2007. These banks have been chosen because of their local character and consequently they are more influenced by local conditions in comparison to banks having a national and even international network. Local conditions could be endogenous and exogenous to the bank. The endogenous to the bank are the banking network developed locally or regionally, and the members of the banks who are the main part of the banks’ clientele. A macroeconomic and exogenous to the bank condition is the amount of savings in the prefecture in which the cooperative bank operates. The banking activities which have been examined include the deposits and loans constituting the main part of banking activities of cooperative banks in Greece.<br> The growth of the banking network is the main factor of growth of the bank’s activities; growth of cooperatives’ members and the growth of the local savings have a positive but less important influence on cooperative banks’ activities.
format	article
author	Simeon KARAFOLAS George KONTEOS
author_facet	Simeon KARAFOLAS George KONTEOS
author_sort	Simeon KARAFOLAS
title	Local financial factors influencing activities of greek cooperative banks
title_short	Local financial factors influencing activities of greek cooperative banks
title_full	Local financial factors influencing activities of greek cooperative banks
title_fullStr	Local financial factors influencing activities of greek cooperative banks
title_full_unstemmed	Local financial factors influencing activities of greek cooperative banks
title_sort	local financial factors influencing activities of greek cooperative banks
publisher	AECOOP Escuela de Estudios Cooperativos
publishDate	2010
url	https://doaj.org/article/64133d587c1b4b779dfefc0961540553
work_keys_str_mv	AT simeonkarafolas localfinancialfactorsinfluencingactivitiesofgreekcooperativebanks AT georgekonteos localfinancialfactorsinfluencingactivitiesofgreekcooperativebanks
_version_	1718430499353919488

Local financial factors influencing activities of greek cooperative banks

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