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Author:Kanji, S.
Title:Tug of war.
Journal:Banker
1987 : DEC, VOL. 137:742, p. 33-34, 36
Index terms:BANKS
SWEDEN
DEREGULATION
COMPETITION
Language:eng
Abstract:The deregulation of the Swedish banks started in 1983. As a result, competition has become stronger, margins have shrunk. But competition is not breaking up the banking cartel. By an estimation, 75% of the market belongs to Swedish commercial banks, and the three largest banks cover three-quarters of that. Now restrictions have been removed on lending by banks, etc. and overheating menaces the country. The liberalization is not welcome by everybody: e.g. the head of the trade union movement considers the new developments as unproductive.
SCIMA record nr: 57854
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