S3, Ep 3 - how Germany’s regional banking system promotes access to finance
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Description
The German model of regional banks has been credited with providing better local access to financial services, maybe especially for small businesses. German regulation compartmentalises the financial system enabling regional financial institutions to operate (and not be outcompeted by large international banks). In this episode, I explore how financial systems can preserve local banks and what this means for community access to finance with Dr Franz Flögel from the Institute for Work and Technology
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