The role of banks in the regional economic development of Uzbekistan: lessons from the German experience. Nodira Abdunazarova

the German banks tend to work actively in the old federal states with a high income, such as Bayern, Baden-Württemberg, and Nordrhein-Westfalen. The savings banks and cooperative banks have higher shares of credit in most of the new or east federal states in comparison with the branches of the large banks. From the beginning the main goals of the regional banks were helping the poor, depositing money, and getting affordable credit. The cost-to-income ratio of the German banks reveals the similarity to the other countries' pattern of cost efficiency when large banks perform less effectively than smaller banks.