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Basic banking
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Basic banking

been two phases of development of the internet banking. First became the wave of enthusiasm with the ideas of internet-only banks that ran up to 2001. The second wave has recognized the internet bank as the complement to the branches that are still needed to develop the customer relationship. 5.5. References and readings Cavell, David J. (2008). Retail financial services ­ The main delivery channels reviewed. London: VRL Publishing. Gylfason, T., Holmström, B., Korkman, S., Söderström, H. T., and Vihriälä, V. (2010). Nordics in Global Crisis: Vulnerability and resilience. Helsinki: ETLA and Taloustieto Oy. Howells, P., and Bain, K. 2008. The Economics of Money, Banking and Finance: A European Text, 4th ed. Prentice Hall, Financial Times, Harlow, England. Molyneux, P., Altunbas, Y., and Gardener, E. (1996). Efficiency in European Banking. Chichester: John Wiley & Sons. Pozsar, Z. and M. Singh. (2011). The Nonbank-Bank Nexus and the Shadow Banking System

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