Transition Studies Review
Volume 15, Issue 4, 2009, Pages 674-684

The banking network as a transmission channel of migrant remittances: The case of Greek and Italian banks in Albania (Article)

Karafolas S.* , Sariannidis N.
  • a Department of Financial Applications, Technological Educational Institute of Western Macedonia, Kozani, Greece
  • b Department of Financial Applications, Technological Educational Institute of Western Macedonia, Kozani, Greece

Abstract

The paper examines the role of the banking network of foreign banks, namely Greek and Italian banks, on the transfer of remittances of Albanian immigrants. Remittances through the official network that is formed mainly by the banking network, grew much higher in comparison to non-official network during the period 1994-2006. The paper finds that the growth of the amount of remittances conveyed through the official network as part of the total amount of remittances is related to the evolution of branches of Greek and Italian banks in Albania. © 2008 Springer-Verlag.

Author Keywords

Migration Greece Italy Bank remittances Albania

Index Keywords

[No Keywords available]
Link
https://www.scopus.com/inward/record.uri?eid=2-s2.0-58849161717&doi=10.1007%2fs11300-008-0036-z&partnerID=40&md5=a7ff2bdba83b2e08c2d9bd72a5b81c2e
DOI: 10.1007/s11300-008-0036-z
ISSN: 16144007
Cited by: 5
Original Language: English