The structure and relations of banking systems: the UK experience and the challenges of ‘levelling-up’
A decentralized banking system is marked by geographical dispersion of banks with close proximity of banks to their borrowers and strong long-term relationships between banks and their borrowers based on soft, tacit, as well as hard, codified information. It is important for promoting the developmen...
Main Authors: | , , |
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2020
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