Which local markets do banks desert first? evidence from poland

Jackowicz, Krzysztof; Kozłowski, Łukasz; Wnuczak, Paweł

doi:10.1016/j.frl.2020.101478

Cited by 3 publications

(1 citation statement)

References 36 publications

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“…Continuing the theme of banking deserts, Jackowicz et al. (2021) used an OLS model of 267 Polish counties to examine the average yearly growth rate in the number of branches between 2013 and 2018. A panel dataset based on US counties was used by Calzada et al.…”

Section: Bank Branch Network Modelling In the Literaturementioning

confidence: 99%

Retail banking closures in the United Kingdom. Are neighbourhood characteristics associated with retail bank branch closures?

Clark,

Newing,

Hood

et al. 2023

Trans Inst British Geog

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The United Kingdom retail banking sector has been through many changes over the past decade, driven by economic, technological and pandemic factors. This is perhaps most evident through the rationalisation of the branch networks, primarily through branch closures. There is a concern that these closures can have differential effects on certain sections of society, reducing or eliminating their access to cash and financial services. In this study we utilise comprehensive branch‐level data and a discrete time‐hazard model to identify whether certain neighbourhood types have been disproportionally affected by these closures during the period 2015 to 2021. We find that building society branches are least likely to close, and that competition and the presence of alternative banking facilities (including Post Office branches) influence likelihood of closure. Crucially, neighbourhood type matters, with rural communities continuing to be most impacted, along with those where the predominant work activities are less concentrated, or largely absent. However, in contrast to earlier studies, we find that affluent neighbourhoods were more at risk of branch closure than more diverse and economically challenged neighbourhoods. We conclude by considering these findings in the context of recently introduced legislation to protect access to basic banking and cash withdrawal and deposit facilities.

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Section: Bank Branch Network Modelling In the Literaturementioning

confidence: 99%