The article presents the analysis of determinants of banks' competitiveness in local financial markets, with respect to local (cooperative) banks and branches of large commercial banks. The paper also evaluates the competitive position of the banks using the synthetic measure of competitive...

Motivated by the recent discussion of the declining importance of deposits as banks' major source of funding we investigate which factors determine funding costs at local banks. Using a panel data set of more than 800 German local savings and cooperative banks for the period from 1998 to 2004 we...

Do private banks act as hard-nosed bankers when firms get financially distressed compared to public banks that have the mandate to support regional economy? For German firms in the period 2000-2005, I find that the probability of leaving the market after financial distress is higher for firms...

Genossenschaftliche Unternehmen zeichnen sich durch ein spezielles Ge-schäftsmodell und durch besondere Governancestrukturen aus, die sie von anderen Organisations- und Rechtsformen unterscheiden. Dies gilt auch für die Genossenschaftsbanken. Insbesondere ist ihnen eine strikte Orientie-rung...