German Banking Structure, Pricing and Competition

Benjamin H. Dietrich

ISBN 10: 3631590229 / ISBN 13: 9783631590225

Editore: Peter Lang, Peter Lang Sep 2009, 2009

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Neuware -The German banking system is characterized by high fragmentation, low profitability and low foreign ownership. Main reason for this is its particular structure that can best be described as forced segmentation. This structure produces local banking markets. The book argues that local bank competition is not as pronounced as national concentration ratios predict and presents a bank pricing study which indicates that local banks, banks located in less densely populated areas and less productive banks tend to charge higher prices for retail bank services than banks that operate nationally. These results as well as lessons drawn from international reforms suggest that the German banking system could benefit from cross-pillar consolidation which promises to export competition from the national to local banking markets. Last but not least, the book analyzes political economy implications of banking reforms and provides suggestions on status quo resolution by identifying ways to facilitate reform implementation in the German banking system. 248 pp. Englisch.

Codice articolo 9783631590225

Dati bibliografici

• Titolo: German Banking Structure, Pricing and Competition
• Editore: Peter Lang, Peter Lang Sep 2009
• Data di pubblicazione: 2009
• Lingua: Inglese
• ISBN 10: 3631590229
• ISBN 13: 9783631590225
• Rilegatura: Buch
• Condizione: Neu

Descrizione articolo

Riassunto

The German banking system is characterized by high fragmentation, low profitability and low foreign ownership. Main reason for this is its particular structure that can best be described as forced segmentation. This structure produces local banking markets. The book argues that local bank competition is not as pronounced as national concentration ratios predict and presents a bank pricing study which indicates that local banks, banks located in less densely populated areas and less productive banks tend to charge higher prices for retail bank services than banks that operate nationally. These results as well as lessons drawn from international reforms suggest that the German banking system could benefit from cross-pillar consolidation which promises to export competition from the national to local banking markets. Last but not least, the book analyzes political economy implications of banking reforms and provides suggestions on status quo resolution by identifying ways to facilitate reform implementation in the German banking system.

Informazioni sull?autore

The Author : Benjamin H. Dietrich was born in Wiesbaden (Germany) in 1976. He studied Economics at the Universities of Mainz and Paris I. He received his Ph.D. in Economics from the University of Mainz in 2008. He currently works in Frankfurt/Main as portfolio manager for an investment bank.