A banking spatial competition model is developed to activate the horizontal and vertical parameters of differentiation in a two- dimensional space. Banking competition has become more relevant given the vertical differentiation elements related to some financial assets features. We consider a...

The definition of the bank and its conduct is often founded on a vision borrowed to industrial economy. Models of the banking firm that derive from this vision consider the bank as a producer of credits from deposits or as a producer of deposits from credits. However, following an institutional...