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Foreign Banks and the UK Middle Corporate Market

Foreign Banks and the UK Middle Corporate Market The UK SME sector has been identified as a potentially attractivesegment for nondomestic European banks wishing to establish a base inthe UK market. A survey by interview of 30 from a sampling frame of 354mediumsized enterprises in the UK suggests that foreign penetration ofthis market is unlikely in the short term. At present, mediumsizedenterprises attach considerable importance to factors such as trust andconfidence in their banking relationship. For foreign banks to penetratethis market it would be necessary to overcome existing conservativeapproaches to banking relationships and particularly concerns oversupport to distressed businesses. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Bank Marketing Emerald Publishing

Foreign Banks and the UK Middle Corporate Market

International Journal of Bank Marketing , Volume 10 (5): 6 – May 1, 1992

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References (4)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0265-2323
DOI
10.1108/02652329210016849
Publisher site
See Article on Publisher Site

Abstract

The UK SME sector has been identified as a potentially attractivesegment for nondomestic European banks wishing to establish a base inthe UK market. A survey by interview of 30 from a sampling frame of 354mediumsized enterprises in the UK suggests that foreign penetration ofthis market is unlikely in the short term. At present, mediumsizedenterprises attach considerable importance to factors such as trust andconfidence in their banking relationship. For foreign banks to penetratethis market it would be necessary to overcome existing conservativeapproaches to banking relationships and particularly concerns oversupport to distressed businesses.

Journal

International Journal of Bank MarketingEmerald Publishing

Published: May 1, 1992

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