Warning: file_get_contents(https://eutils.ncbi.nlm.nih.gov/entrez/eutils/elink.fcgi?dbfrom=pubmed&id=38620621
&cmd=llinks): Failed to open stream: HTTP request failed! HTTP/1.1 429 Too Many Requests
in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 215
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 211.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Warning: imagejpeg(C:\Inetpub\vhosts\kidney.de\httpdocs\phplern\38620621
.jpg): Failed to open stream: No such file or directory in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 117 Int+Rev+Financ+Anal
2020 ; 71
(ä): 101520
Nephropedia Template TP
gab.com Text
Twit Text FOAVip
Twit Text #
English Wikipedia
Cooperative financial institutions: A review of the literature
#MMPMID38620621
McKillop D
; French D
; Quinn B
; Sobiech AL
; Wilson JOS
Int Rev Financ Anal
2020[Oct]; 71
(ä): 101520
PMID38620621
show ga
Financial cooperatives play an important role in the financial systems of many
countries. They act as a safe haven for deposits and are major sources of credit
for households and small- and medium-sized firms. A not-for-profit orientation
(in many cases) and a focus on maximising benefits to members have ensured the
enduring popularity and sustainability of financial cooperatives. This is
particularly evident since the global financial crisis when financial
cooperatives continued to extend credit to members as many profit-orientated
commercial banks restricted credit to households and firms. The overarching theme
of the first part of this review is the structural and behavioural
characteristics of financial cooperatives. In this part we consider, the origin
and diffusion of financial cooperatives, network arrangements, the business
model, relationship banking, balancing the interest of members, tax treatment and
regulatory framework. The second part has performance and contribution to the
real economy as the overarching theme. In this part we consider, efficiency and
sustainability, mergers, acquisitions and failures, the benefits (and challenges)
of FinTech and the contribution of financial cooperatives to the real economy
including during times of crisis. The paper concludes with a summary of what we
now know (and do not know) about financial cooperatives and provides suggestions
as to where future research may usefully concentrate.