Abstract
In many countries the 1980s was a decade of unprecedented growth in bank lending and balance sheet positions. Above all, the competitive environment intensified markedly as banks faced more intra-sector competition, greater inter-sector competition, competition from a more innovative capital market, and global competitive pressures.
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Llewellyn, D.T. (1993). Secular pressures on banking in developed financial systems: is traditional banking an industry in secular decline?. In: Fair, D.E., Raymond, R.J. (eds) The New Europe: Evolving Economic and Financial Systems in East and West. Financial and Monetary Policy Studies, vol 26. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1741-8_12
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DOI: https://doi.org/10.1007/978-94-011-1741-8_12
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