This volume presents a panoramic picture of the many national and international trends and developments, factors, customs, and events that have characterised banking in the Mediterranean area over the past two centuries. During this period banking in the Mediterranean evolved distinct characteristics, several going well beyond the restricted realities of colonial relations. The range of issues covered by the book is extensive and includes both national banking evolution and pan-regional topics. The chapters touch upon various aspects of Iberian, Italian, French, Greek, Maltese, Moroccan, and Ottoman banking history, focusing particularly on issues relating to central banking, numismatics, archival recording, and pan-Mediterranean economic dynamics. The history of certain specific institutions is also considered, including the Imperial Ottoman Bank, The Ionian Bank, The Banque d'Etat du Maroc, and others. Bringing together papers by leading banking and finance historians which were first presented at the European Association for Banking History conference held in Malta in June 2007, this volume offers an invaluable insight towards a wider and more detailed understanding of the roles of banking and finance in Mediterranean economic history. Seen in a context of what has hitherto been something of a historical vacuum in terms of the coverage of much writing on European banking and financial history, and the importance given to the Mediterranean region's banking history in its own right, this is an innovative book that both contributes towards our knowledge the subject, and establishes a pattern for further work in this important area of European economic history.
Table of Contents
Contents: Introduction; Part I Insights into Malta's Banking and Monetary History: A small, open Mediterranean economy - then and now, Michael C. Bonello; Malta's banking history, overview and observations, John Consiglio; Outlines of Malta’s numismatic history, Joseph C. Sammut. Part II The Rise of Modern Banking and Finance in the Mediterranean: The Mediterranean banking systems: convergence or path dependence?, Massimiliano Affinito and Riccardo De Bonis; Stability against all odds: the Imperial Ottoman Bank, 1875-1914, Edhem Eldem. Part III Finance and Intramediterranean Economic Relations: Non-bank financial corporate start-ups, 1830-1909: a note on Greek banking history, Ioanna Sapho Pepelasis; Diversity in banking systems. France, Italy and Spain,19th and 20th centuries, Juan Carles Maixé-Altés; Banking expansion, success and failure in the British Mediterranean: the Ionian Bank, 1840s-1920s, Alexandros Apostolides and Athanasios Gekas. Part IV Money and Currency Developments in the Mediterranean: National states and central banks in the Mediterranean world in the interwar period, Nuno Valério; Central banking in the Iberian peninsula: a comparison, Pablo MartÃn-AceÃ±a; A Mediterranean 19th century. Economic dynamics of the Mediterranean area during the first two-thirds of the century, Gérard Chastagnaret. Part V Banking and Finance Archives: Second-rate imperialism. The Banque d'Etat du Maroc, viewed from the archives of the Bank of Spain, Maria Teresa Tortella and Gabriel Tortella; How French banking archives document Mediterranean history (c.1850-1960), Catherine Dardignac and Roger Nougaret; The historical archive of the Banco di Napoli. A primary resource for social and economic history in a Mediterranean view, Paola Avallone and Giovanni Lombardi; Bibliography; Index.
'This book is seminal. It is the first ever collection of research work seeking to bring together the multiple facets which, over many centuries and diverse economic conjunctures, have characterised banking and finance in the Mediterranean region.' Sunday Times of Malta '... the book presents some original and very useful papers that help us to better understand the rise of modern banking and finance in this area and, particularly, the role played by international relations in most of these financial systems... this selection of papers, which cover a wide array of topics, deserves high consideration, both due to the questions they raise and also the answers they give: Have the different Mediterranean financial systems shared a number of common features? What are the main differences in size, regulation, role of banks, and nonbanking institutions? How important were foreign banks in this area?' Enterprise and Society