Consiglio John A. - Banking and Finance in the Mediterranean

BANKING AND FINANCE IN THE MEDITERRANEAN

A Historical Perspective

Edited by

JOHN A. CONSIGLIO

The University of Malta, Malta

JUAN CARLOS MARTINEZ OLIVA

Banca dItalia, Italy

GABRIEL TORTELLA

Universidad de Alcal, Spain

with Monika Pohle Fraser and Iain L. Fraser

First published 2012 by Ashgate Publishing

Published 2016 by Routledge
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Copyright 2012 John A. Consiglio, Juan Carlos Martinez Oliva, and Gabriel Tortella, with Monika Pohle Fraser and Iain L. Fraser and the contributors

John Consiglio, Juan Carlos Martinez Oliva, and Gabriel Tortella have asserted their right under the Copyright, Designs and Patents Act, 1988, to be identified as the editors of this work.

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British Library Cataloguing in Publication Data

European Association for Banking history. Conference (2007: Malta)

Banking and finance in the Mediterraneans historical perspective. (Studies in banking and financial history) 1. Banks and banking-Mediterranean Region-History-Congresses.

I. Title II. Series III. Consiglio, John A.

332.1091822-dc22

Library of Congress Cataloging-in-Publication Data

Banking and finance in the Mediterranean : a historical perspective/John Consiglio.

p. cm. (Studies in banking and financial history)

Includes bibliographical references and index.

ISBN 978-1-4094-2984-5 (hardcover : alk. paper)

1. Banks and bankingMediterranean Regionhistory. 2. Finance Mediterranean Regionhistory. I. Consiglio, John A.

HG3250.7.A6B36 2011

332.1091822dc23

2011026568

ISBN 9781409429845 (hbk)

Massimiliano Affinito is an economist at the Economic Research Department of the Bank of Italy. His major fields of interest are banking, comparative financial systems, and applied economics. He has published extensively on financial intermediation, including in international journals, and has co-authored two books, on the Italian banking system and on the Italian privatization process in the nineties respectively.

Alexander Apostolides is an economist with a Ph.D. in economic history from the LSE London School of Economics; his thesis was on the estimation of the GDP of Cyprus and Malta for the period 1921-38. His interest in the EABH conference Banking and Finance in the Mediterranean arose through his research on the Ionian Banks activities in Cyprus. His main academic interests are in small island economies and their financial markets. He is currently working on the effects of market entries by banks and how they affect the banks future performance.

Paola Avallone is an economist with a Ph.D. in economic history. She has been a fellow at Valladolid University (Spain), the International Institute of Economic History F. Datini, Prato (Italy) and Siena University (Italy). She has worked for the Italian National Research Council as Director of Research. Her publications include books and articles on banking and financial history and the economic history of Southern Italy.

Michael C. Bonello was appointed Governor of the Central Bank of Malta on 1 October 1999. Prior to his appointment as Governor, Mr Bonello was a senior official at the United Nations Conference on Trade and Development (UNCTAD) in Geneva. Between 1983 and 1999 he served in various capacities, among them Senior Economic Affairs Officer in the International Trade Division, Chief of the Policy Clearance Unit, Advisor in the Office of the Secretary-General and Executive Assistant to the Deputy Secretary-General. Mr Bonello is a member of the Governing and General Councils of the European Central Bank, a Fellow of the Institute of Financial Services and a member of the Board of Governors of the Malta Financial Services Authority.

Grard Chastagnaret is a professor at the University of Provence, an agrg in history and alumnus of the Ecole Normale Suprieure. His thesis was published under the title LEspagne puissance minire dans lEurope du XIXe sicle (Madrid, 2000). He has been assistant in the Facult des Lettres of Rabat (1969-71) and member of the Casa de Velzquez (1971-74). He has taught at the University of

Provence since 1974. From 2001 to 2006 he was director of the Casa de Velzquez. He created and directed the CNRS-Universit de Provence laboratory TELEMME (Temps, Espaces, Langages Europe Mridionale Mditerrane). Chastagnaret was awarded the Philip Morris Prize (geo-history). He is a corresponding member of the Real Academia Espaola de Ciencias Morales y Polticas. He has published 12 books, authored or edited, and over 70 articles or contributions.

John A. Consiglio, Ph.D., after a 42-year professional career in banking, now lectures on Banking Regulation and European Banking in the Faculty of Economics, Management & Accountancy, and on European Banking in the European Documentation & Research Centre, of the University of Malta. His main research interests are in the areas of European banking, monetary history, and economics. He is the author of A History of Banking in Malta (Progress Press Co. Ltd.), Ekonomija ghal-Kulhadd Economics for All (Klabb Kotba Maltin), Privatisation of Financial Services in the CEECs (UoM), Bank Soundness & Macroeconomic Policy in the EU CCs (Jean Monnet Study Series, University of Malta), and other articles in professional journals.

Catherine Dardignac Socit Gnrale, Paris, is a graduate of Universit de Haute-Alsace in Mulhouse, France (1999), and also studied archive and records management at Universit de Montral, Canada (1998-99). She first worked at Banque de Frances Archives department (1999-2001), before joining Socit Gnrale Group in 2001. She worked as an archivist for the historical archives department, and was head of this department from 2005 to July 2008. She is now in charge of management of information and documentation for SGs French retail banking activity.

Riccardo De Bonis is Head of the Monetary and Financial Statistics Division at the Economic Research Department of the Bank of Italy. His fields of interest are banking, financial systems, economic statistics, and financial regulation. He has been a member of various high-level working groups at the ECB and the OECD. He has published in Italian and international journals and is the author of an introductory book on banking. He edited a volume of essays on financial accounts as part of a Bank of Italy research project.