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Facts and Stereotypes about Cooperative Banks: To Whom Do CBs Actually Lend?

Author

Listed:
  • Ivana Catturani

    (Euricse and University of Trento, Italy)

  • Carlo Borzaga

    (University of Trento and Euricse, Italy)

Abstract

Cooperative banks’ (CBs) customers have been traditionally described as small or medium firms with poor performance working at local level. Moreover, they are usually involved in tertiary sector of industry or in agriculture and are financed by several sources (i.e., not just banks). This paper attempts to verify whether the characteristics listed above are stereotypes that no longer apply to CBs’ clients or, on the contrary, whether these are still some of the most relevant features CB loan recipients. In order to test this hypothesis, we used data collected through a survey conducted in 2011 by MET on Italian firms working in manufacturing industries.

Suggested Citation

  • Ivana Catturani & Carlo Borzaga, 2014. "Facts and Stereotypes about Cooperative Banks: To Whom Do CBs Actually Lend?," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(2), pages 7-13, December.
    • Handle: RePEc:trn:csnjrn:v:3:i:2:p:7-13
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    References listed on IDEAS

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    2. Aiello, Francesco & Bonanno, Graziella, 2016. "Bank efficiency and local market conditions. Evidence from Italy," Journal of Economics and Business, Elsevier, vol. 83(C), pages 70-90.

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    More about this item

    Keywords

    cooperative banks; manufacture industry; crisis;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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