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The condition of Austrian cooperative banks in the post-crisis period
https://doi.org/10.26354/bb.4.1.74.2019
Abstract
Cooperative banking is a part of the banking system, which is underestimated by many customers who often use the offer of commercial banks. In many European countries such as Germany, the Netherlands, France, Denmark and Finland, cooperative banking groups operate on a large scale. Austria also belongs to these countries, where a large part of the banking sector’s assets belong to the cooperative banks from the Raiffeisen group. This banking group also has a large share in receivables and liabilities to non-financial customers. Moreover, these banks have the largest share in the total number of banks and branches in the sector. In this country there is also a second, much smaller cooperative group – folk banks, whose share in the structure of the banking sector in recent years shows declining tendencies. This article aims to present the condition of Austrian cooperative banks, as measured by profitability indicators, against the background of the results of the entire banking sector in 2010-2017 and to prove the significant share of this type of banks in banking operations in Austria.
Keywords:
cooperative banking , Raiffeisen group , folk banks , VolksbankenJEL Codes
G01, G21Download files
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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Vol. 74 No. 1 (2019)
Published: 2019-03-19
10.26354
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.