Leading the attack upon the “monolith”: French banking in Spain since 1959

Authors

  • Rafael Castro Balaguer

DOI:

https://doi.org/10.1016/S1698-6989(09)70088-8

Keywords:

Banking, FDI (foreign direct investment), Spain-France, 20th century, N64, N74, N84

Abstract

As the oldest foreign bank presence in the country, the second half of the 20th means for French banking the search of a place in the difficult Spanish bank market. Following the legislation and economy evolution, French banks diversified their financial supply in the sixties, lent capitals in the seventies and the eighties, and tried to compete with Spanish commercial banks in the nineties. Its evolution, for almost fifty years, permits us to analyze an episode of foreign direct investment (FDI), focused, in this occasion, in transnational banking. This paper tries to contribute in the debate about persistent and changing patterns of FDI in a host country in the long run.

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How to Cite

Castro Balaguer, R. (2019). Leading the attack upon the “monolith”: French banking in Spain since 1959. Investigaciones De Historia Económica, 5(13), 133–168. https://doi.org/10.1016/S1698-6989(09)70088-8

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Section

ARTICLES