Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/163437 
Year of Publication: 
1999
Series/Report no.: 
SUERF Studies No. 5
Publisher: 
SUERF - The European Money and Finance Forum, Vienna
Abstract: 
All aspects of banking business are being radically transformed and to an extent that is changing the fundamental economics of the banking firm and the banking industry. This is because of three dominant factors: a series of powerful pressures acting simultaneously; technology is changing the very core of banking business: infor-mation advantages, processing, moni-toring, delivery, etc; and because, as a result of these pressures, competition is increasingly developing from outside the traditional banking industry. The paper reviews the pressures impinging on the economics of banking and considers their implications for the structure of the banking industry; the business operations of banks, and the structure of the banking firm."
Subjects: 
Economics of banking
ISBN: 
90-5143-028-0
Document Type: 
Research Report

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