'British commercial bank support for the business sector and the pressure for change, 1918-39' in M Kasuya (ed), Coping with Crisis. International financial institutions in the interwar period

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  • Name Finance of production & trade

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Considers the changed and difficult operating environment for traditional British industries in the interwar years and the consequent economic and political pressure experienced by commercial banks for change in their relationship to industry and to become more actively involved in the affairs of their business customers. Outlines the nature of the pressure and the response of the banks. Sections include: 'The traditional approach'; 'The rationale behind transaction banking'; 'Bank lending practices before the First World War'; 'Pressure for change and bank reactions'; 'Sample evidence results'