The Role of Co-Operative Bank: Perspectives From Italian Model
The Role of Co-Operative Bank: Perspectives From Italian Model
Author(s): Marcello Sansone, Vicenzo FormisanoSubject(s): Financial Markets
Published by: HESPERIAedu
Keywords: Co-operative banks; community banks; mutuality; common good; Italy
Summary/Abstract: The text deals with co-operative banks in Italy. The authors intend to highlight the role of co-operative banks, their functions and territorial specificities. The term “co-operative banks” implies two different types of credit intermediaries integrated in a system that has as its reference model the one of universal bank: the community banks and co-operative banks. While sharing some distinctive features, the two types of cooperative banks in Italy show significant differences for both the historical evolution of the respective institutional models and about the operation that in time characterized them. The co-operative banks combine the social and cultural growth of the territory to the economic, social and co-operative business partner-stockholders-clients and business partnerstockholders-employees. In the special chapter, was made a reference to the forms of co-operative credit in Serbia. In the final chapter was made the research proposal.
Journal: LIMESplus
- Issue Year: 2016
- Issue No: 3
- Page Range: 43-52
- Page Count: 10
- Language: English