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.
General
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