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100 _aBlažek, Jiří
_958591
245 _aGeography, ownership and uneven trends in the economic performance of small banking centres in Europe during the financial crisis/
260 _bSage,
_c2020.
300 _aVol. 27, Issue 4, 2020, ( 359–378 p.)
520 _aThe current phase of intensive globalisation, digitisation, the expansion of fintech companies and the overall impacts of the recent crisis seem to spur further concentration in the banking sector in terms of both the number of banks in operation and the number of banking centres. This research is motivated by the fact that, in contrast to leading financial and banking centres that attract considerable research attention, small banking centres have remained under-researched, despite their large number and the important role they play in their host communities and regions. This paper deals with the recent evolutionary dynamics of 199 small European banking centres and is based on an analysis of the economic performance of individual banks aggregated at the city level where they have their headquarters. The analysed indicators cover size, profitability and the level of risk of particular banks over the 2004–2015 period. In addition, the data were analysed for three basic European macro-regions (western Europe, southern Europe and central and eastern Europe) and in terms of the ownership of the banks headquartered in particular centres (foreign versus domestic). Our investigation shows that, even though a significant decline has been observed in the number of these centres, the financial performance of banks headquartered in small financial centres differs widely, depending significantly upon the European macro-region (a decisive number of defunct banking centres was concentrated in southern Europe) and the ownership structure.
700 _aHejnová, Tereza
_958592
773 0 _08870
_917142
_dLondon Sage Publications Ltd. 1994
_tEuropean urban and regional studies
_x0969-7764
856 _uhttps://doi.org/10.1177/0969776420930757
942 _2ddc
_cEJR
999 _c15043
_d15043