Overview
- Analyzes how risks were handled in the early development of banking
- Includes comparisons between the Swedish and international banking markets
- Features new information on practical risk management in banking during the 19th century
Part of the book series: Palgrave Studies in the History of Finance (PSHF)
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About this book
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.
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Keywords
Table of contents (7 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the authors
Mats Larsson is Professor of Economic History at Uppsala University, Sweden.
Kristina Lilja is a Senior Lecturer in Economic History at Uppsala University, Sweden.
Tom Petersson is a Senior Lecturer in Economic History at Uppsala University, Sweden.
Bibliographic Information
Book Title: Risk Management in Early Banking
Book Subtitle: An International Perspective of Swedish Savings Banks, 1820–1910
Authors: Mats Larsson, Kristina Lilja, Tom Petersson
Series Title: Palgrave Studies in the History of Finance
DOI: https://doi.org/10.1007/978-3-030-80775-7
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-80774-0Published: 12 August 2021
eBook ISBN: 978-3-030-80775-7Published: 11 August 2021
Series ISSN: 2662-5164
Series E-ISSN: 2662-5172
Edition Number: 1
Number of Pages: XII, 120
Number of Illustrations: 3 b/w illustrations
Topics: Financial History, Risk Management