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Author:Gleisner, F.
Hackethal, A.
Rauch, C.
Title:Migration and the retail banking industry: an examination of immigrants' bank nationality choice in Germany
Journal:European Journal of Finance
2010 : JUL-SEP, VOL. 16:5-6, p. 459-480
Index terms:retail banking
banks
globalization
migration
Germany
Freeterms:immigrants
nationality choice
nation bank
foreign bank
retail banking customers
Language:eng
Abstract:Using detailed survey data on more than 1000 Turkish immigrants in Germany. It is found that product differentiation explains the choice of a home nation bank and that ethnic origin in itself provides the strongest comparative advantage for foreign banks and evidences for a persistent 'home-bias' of customers with an immigration background even with increasing integration into the host country's culture.
SCIMA record nr: 272504
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