- Title Pages
- About this publication
- List of Figures
- List of Tables
- List of Contributors
- Introduction
- 1 International Economic Organization: Banking, Finance, and Trade in Europe Between the Wars
- 2 Method in the Madness? Banking Crises Between the Wars, an International Comparison
- 3 Private International Capital Flows in Europe in the Inter‐War Period
- 4 International Economics and Domestic Politics: Notes on the 1920s
- 5 German and British Monetary Policy, 1919–1932
- 6 Exchange‐Rate Policy and Macroeconomic Performance: A Comparison of French and Italian Experience Between the Wars
- 7 Managing the Franc in Belgium and France: The Economic Consequences of Exchange‐Rate Policies, 1925–1936
- 8 Off Gold and Back Again: Finnish and Swedish Monetary Policies1914–1925
- 9 Banking in Germany, 1918–1939
- 10 Italian Banking, 1919–1936
- 11 Banking in France in the Inter‐War Period
- 12 From Imperial to Regional Banking: The Austrian Banking System, 1918–1938
- 13 Polish Banking in the Inter‐War Period
- 14 Budgetary Policy, Money Supply, and Banking in Bulgaria Between the Wars
- 15 Commercial Banking in Britain Between the Wars
- 16 Money and Banking in the Irish Free State, 1921–1939
- 17 Norwegian Banking in the Inter‐War Period: A Scandinavian Perspective
- 18 Banking, Public Finance, and the Economy: Greece, 1919–1933
- 19 Portuguese Banking in the Inter‐War Period
- 20 Spanish Banking in the Inter‐War Period
- Index
Commercial Banking in Britain Between the Wars
Commercial Banking in Britain Between the Wars
- Chapter:
- (p.395) 15 Commercial Banking in Britain Between the Wars
- Source:
- Banking, Currency, and Finance in Europe Between the Wars
- Author(s):
Forrest Capie
- Publisher:
- Oxford University Press
Britain had a highly developed financial sector and the salient features of banking in the inter‐war period included an experienced central bank and a small number of large, financially stable, commercial banks. Their structure was based on large branch networks rather than unit banks and this, together with the absence of universal banks, proved extremely stable in the face of the world economic depression. The British banking system did not experience the shocks that caused crises in many other countries, and it is probable that its stability provided protection for the real economy.
Keywords: banking system, banks, branch networks, Britain, central bank, commercial banks, financial sector, Great Depression, stability, universal banks
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- Title Pages
- About this publication
- List of Figures
- List of Tables
- List of Contributors
- Introduction
- 1 International Economic Organization: Banking, Finance, and Trade in Europe Between the Wars
- 2 Method in the Madness? Banking Crises Between the Wars, an International Comparison
- 3 Private International Capital Flows in Europe in the Inter‐War Period
- 4 International Economics and Domestic Politics: Notes on the 1920s
- 5 German and British Monetary Policy, 1919–1932
- 6 Exchange‐Rate Policy and Macroeconomic Performance: A Comparison of French and Italian Experience Between the Wars
- 7 Managing the Franc in Belgium and France: The Economic Consequences of Exchange‐Rate Policies, 1925–1936
- 8 Off Gold and Back Again: Finnish and Swedish Monetary Policies1914–1925
- 9 Banking in Germany, 1918–1939
- 10 Italian Banking, 1919–1936
- 11 Banking in France in the Inter‐War Period
- 12 From Imperial to Regional Banking: The Austrian Banking System, 1918–1938
- 13 Polish Banking in the Inter‐War Period
- 14 Budgetary Policy, Money Supply, and Banking in Bulgaria Between the Wars
- 15 Commercial Banking in Britain Between the Wars
- 16 Money and Banking in the Irish Free State, 1921–1939
- 17 Norwegian Banking in the Inter‐War Period: A Scandinavian Perspective
- 18 Banking, Public Finance, and the Economy: Greece, 1919–1933
- 19 Portuguese Banking in the Inter‐War Period
- 20 Spanish Banking in the Inter‐War Period
- Index
