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The Relationship Between Locational Preferences of Banking Sector and Socioeconomic Structures of Cities in Turkey

In: Economic Development and Financial Markets

Author

Listed:
  • N. Aydan Sat

    (Gazi University)

  • Cigdem Varol

    (Gazi University)

Abstract

Considering socioeconomic development differences among regions is a key factor to direct investment decisions of institutions targeting to provide service through widespread branch networks in a country. When it comes to the investments of banking and retail sector that have been used as instruments to reduce income and social inequalities in the last decades, the prospect becomes even greater. Recent studies emphasize that there is a strong relationship between the location of commercial banking branches and regional development characteristics. The studies show that the development of banking sector in a region may highly be correlated with the socioeconomic capacity of the region. From this point of view, the aim of this study is to investigate the relationship between locational preferences of banking sector and socioeconomic structure of cities in Turkish case. For this aim, after the introduction, a literature review on the relationship between locational preferences of banking sector and socioeconomic characteristics of cities is given in the second section. In the third section, data gathering and methodology are presented. In the fourth session, the results of the statistical and spatial analyses are discussed. Finally, discussions of the results and concluding remarks are given in the fifth section.

Suggested Citation

  • N. Aydan Sat & Cigdem Varol, 2020. "The Relationship Between Locational Preferences of Banking Sector and Socioeconomic Structures of Cities in Turkey," Contributions to Economics, in: Adam Śliwiński & Persefoni Polychronidou & Anastasios Karasavvoglou (ed.), Economic Development and Financial Markets, pages 165-179, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-32426-1_10
    DOI: 10.1007/978-3-030-32426-1_10
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