Risk management in early banking : an international perspective of Swedish savings banks, 1820-1910 / Mats Larsson, Kristina Lilja, Tom Petersson.

Format:

Book

Author/Creator:

Larsson, Mats, 1953- author.

Lilja, Kristina, 1968- author.

Petersson, Tom, author.

Series:

Palgrave studies in the history of finance

Language:

English

Subjects (All):

Banks and banking--Sweden--History--19th century.

Banks and banking.

Risk management--History.

Risk management.

History.

Sweden.

Genre:

History.

Physical Description:

xii, 120 pages : illustrations (black and white) ; 22 cm.

Place of Publication:

Cham, Switzerland : Palgrave Macmillan, [2021]

Summary:

This book deals with risk management and the organisation of banking in Swedish savings banks alongside the development in other European countries. The period of analysis begins with the establishment of the first savings banks in 1820 and ends in 1910. During this period, banking developed as a well-functioning system for deposits and credits. The book focuses on this development from a theoretical perspective connected to risk management and the role of trust and legitimacy in credits and savings. The analysis deals with the overall development of the Swedish banking system and the role of savings banks as well as bank connections with different groups of customers. Of interest to financial historians, academics, and researchers, it also analyses the role of insider lending and the practical aspects of granting credits, such as the use of collaterals and the level of interest rates to compensate higher risks.

Notes:

Includes bibliographical references and index.

Other Format:

ebook version :

ISBN:

9783030807740

3030807746

OCLC:

1263798579