significant as savings banks in Germany, at least not for SME finance. Notwithstanding recent initiatives to create a common … uneven, particularly with respect to the degree of geographical concentration. Whereas decentralisation increased in Germany … banks in Germany further increased their market share in firm financing. …

that could improve SME finance are the so-called challenger banks, a type of bank unknown in Germany. These banks differ in …

A comparison of the German banking system with that of the United Kingdom (UK) and Spain shows Germany to be …. Decentralised banks, which are predominantly regional savings banks and cooperative banks in Germany, nearly account for most …). Federalism and strong redistribution mechanisms between the regions support decentralised banking in Germany. Furthermore, close …

This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … conducted has identified Germany as having the most decentralised banking system, followed by Spain and the UK, as expected. The … Germany. Our comparison has identified three factors of success contributing to the persistence of decentralised banking: I …

credit, which does not even exist in Germany. Shareholder wealth taxation is also a source of competitiveness for Germany … taxation of assets is concerned (i.e., Germany has no wealth tax), but insignificant or even non-existent as regards wealth …

European Union member states, the study has focused on Austria, France, Germany, Poland and the United Kingdom. -- SME …