Brown, Martin; Guin, Benjamin; Kirschenmann, Karolin - School of Finance, Universität St. Gallen - 2013
We examine how the expansion of the branch network of a microfinance bank between 2006 and 2010 in South-East Europe … the location of each household and match this data with branch location information for the major microfinance bank in the … results suggest that microfinance banks do expand the frontier of finance as compared to ordinary retail banks. …