Liberalización y ámbito geográfico de actuaciónun análisis para las cajas de ahorros
- Gómez Villascuerna, Jaime
- Fuentelsaz Lamata, Lucio
ISSN: 0210-9107
Year of publication: 1998
Issue: 74-75
Pages: 190-201
Type: Article
More publications in: Papeles de economía española
Abstract
This study offers a descriptive analysis of the expansion process that has taken place in the Spanish savings banks once the restrictions that prevented them from opening branches outside a limited geographical area were completely removed. We explain the existence of two clearly differentiated growth strategies: on the one hand, the strategy adoptedby those banks trying to consolidate their position in the markets where they had been operating hitherto, and on the other, that implemented by those savings banks taking advantage of liberalization in order to extend their sphere of action either to the whole of the country or else to a some smaller geographic area.