Lending Value Chain in the Economics of Banking Firms: A Managerial and Financial Perspective (Modelli Innovativi di Lending Value Chain Degli Intermediari Bancari: Implicazioni Finanziarie ed Economico-Aziendali)
Banche e Banchieri, No. 4, pp. 311-334, July-August 2011
Posted: 12 Jan 2012 Last revised: 6 Jun 2012
Date Written: July 1, 2011
The paper aims to analyse the disintegration process of the bank loan value chain. The innovative business model known as "originate and distribute" has significantly transformed the banking business. It has a huge impact on the financial stability and financial integration.
The paper identifies some advantages and disadvantages of the vertical value chain disintegration, combining managerial and financial perspectives.
Keywords: lending value chain, financial intermediation, banking, financial crisis, bank management, integration
JEL Classification: G01, G20, G21, G32
Suggested Citation: Suggested Citation