"Economics of Banking presents a thorough overview and analysis of the key aspects of financial intermediation necessary to understand this field. Based on the latest theory, and supporting arguments with practical examples, Hans Keiding discusses the problems of competition, risk taking in...

Cover -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- About the Authors -- Chapter 1: Introduction -- 1.1 Fighting Poverty -- 1.2 Investing in Financial Infrastructure -- 1.3 Content Overview -- Notes -- Chapter 2: Microfinance - the Concept -- 2.1 History --...

In recent years, assets of non-bank financial intermediaries (NBFIs) have grown significantly relative to those of banks. These two sectors are commonly viewed either as operating in parallel, performing different activities, or as substitutes, performing substantially similar activities, with...