European Banking Strategies Beyond 1992

  • E. P. M. Gardener


European banks and banking markets have been involved in a process of fundamental change for some time. In one sense these changes are a part of the broader tapestry of rapid development and innovation that has characterised world banking and financial systems since the late 1960s. The 1992 Single European Market (SEM), however, has stimulated many specific, European questions about the development of EC banking and financial systems; a large and often speculative literature has been spawned. Nevertheless, there is a widespread recognition that financial services are an important element in the development of the post-1992 European economy and in the attainment of the overall economic benefits sought by the 1992 deregulation process.


Risky Asset Capital Account Capital Adequacy Bank Capital European Banking 
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© Philip Arestis 1993

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  • E. P. M. Gardener

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