Jump to ContentJump to Main Navigation
British Multinational Banking, 1830-1990$
Users without a subscription are not able to see the full content.

Geoffrey Jones

Print publication date: 1995

Print ISBN-13: 9780198206026

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198206026.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 November 2020

Banking Strategies in the Inter‐war Years

Banking Strategies in the Inter‐war Years

(p.185) CHAPTER 6 Banking Strategies in the Inter‐war Years
British Multinational Banking, 1830-1990

Geoffrey Jones

Oxford University Press

This chapter discusses the conditions of several British multinational banks during the inter-war years. During this period, multinational banks were faced with declining competitive advantages. Nonetheless, these banks retained their substantial first-mover advantages and they successfully survived the major crises of this period. In Australasia and South Africa, strong banking cartels were in operation which blocked new entrants and eliminated competition between existing banks. Moreover, British banks showed flexibility in their banking strategies and this allowed them to maintain their market share. They had always adjusted to host economy conditions and continued this tradition in the inter-war years. Generally, the policy of the banks in this period can be characterized as ‘sticking to the knitting’ which is a sensible business strategy, especially for the uncertainties of the inter-war years.

Keywords:   inter-war years, competitive advantage, Australasia, South Africa, strategy, cartels

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .