The British Banking System
A good role model for Germany?
By Andrew Mullineux and Eva Terberger
The German financial system is a prototype of a bank-based system. In the 1980s, this was considered an important pillar of Germany’s economic strength. Nowadays, Germany is characterised as being overbanked and its banking system inefficient (relatively high cost), not particularly profitable and in need of radical restructuring and the need to reform the German financial system has been widely discussed. Does the British financial system provide a good role model? This study tackles this question with regard to the supply of retail banking services to households and micro and small enterprises (MSEs).
June 2006, ISBN 1-900834-61-8
- For an English Executive Summary (29 KB) please click here
- For a German Executive Summary (33 KB) please click here
- For a free download of the complete report (206 KB) please click here