Scope economies resulting from the joint offering of loans and savings accounts (as
opposed to loans only) are customarily invoked to promote the transformation of credit-only …

Purpose The purpose of this research is to examine the growth rates of commercial banks
and credit unions around the financial crisis and recovery. Credit unions are analyzed as a …

Purpose The purposes of this paper are twofold. First, it analyses the income structure in
cooperative financial institutions and examines how traditional and non-traditional incomes …

In this paper we study the impact of cooperative banks on local economic development.
Working on Italian municipality data in the period 2001-2011, we find that this type of banks …

Prior studies of the diversification-driven cost savings from the joint provision of credit and
deposits in microfinance usually ignore the multi-way heterogeneity across MFIs which vary …

The aim of this paper is to understand the economic performance of craftsmen cooperatives
during the crisis period. These cooperatives have the distinctive feature of being supply …

Microfinance institutions (MFIs) operate in both rural and urban credit markets and provide
financial services to the poor not served by commercial banks. MFIs must keep operating …

This study verified the existence of a non-linear relationship between diversification and the
performance of Brazilian credit unions by analyzing panel data from 455 credit unions from …

Farm diversification is mainly driven by risk mitigation effects and economic gains related to
complementarities between production activities. By combining these two aspects, we …

This chapter evaluates the impact of revenue diversification with expanding products and
services upon the financial performance of credit unions. The diversification effect on credit …