Series: IMF Working Papers
Author(s): Martin Cihak , and Heiko Hesse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2007
Keywords: financial sector stability, cooperative banks, savings banks, banking, cooperative bank, savings bank, Cooperative Enterprises,
Cooperative banks are an important, and growing, part of many financial systems. This paper empirically analyzes the role of cooperative banks in financial stability. Contrary to some suggestions in the literature,...