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An Overview of Cooperative Banking in Europe

  • Simon CornéeEmail author
  • Lucrezia Fattobene
  • Marco Migliorelli
Chapter

Abstract

This chapter aims to give a general introduction on cooperative banking in Europe. To do that, it first gives an overview on the key inherent characteristics of cooperative banks. Second, it analyses the main phases of their development in Europe. Third, it discusses the actual presence of cooperative banks over the continent in terms of size and geographical distribution. Finally, it summarises the relevant existing literature. Overall, the systemic relevance and countercyclical attitude of cooperative banks as well as their crucial role in fostering relationship lending practices are highlighted.

Keywords

European cooperative banks Cooperative principles Membership Proximity Relationship banking Great Crisis 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Simon Cornée
    • 1
    Email author
  • Lucrezia Fattobene
    • 2
    • 3
  • Marco Migliorelli
    • 4
  1. 1.University of Rennes 1RennesFrance
  2. 2.Polytechnic University of MarcheAnconaItaly
  3. 3.University of Rome Tor VergataRomeItaly
  4. 4.IAE Université Paris 1 Panthéon-Sorbonne (Sorbonne Business School)ParisFrance

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