Funds-Transfer-Pricing Systems in the Spanish Savings Banks and the Spanish Rural Banks
Los Sistemas de Transferencia Interna de Fondos: Su Aplicación en las Cajas de Ahorros y en las Cajas Rurales Españolas
Abstract
The competitive environment of monetary financial institutions has undergone great changes over the last two decades, and at present is characterized by strong competition among the companies of the sector. In this context, the monetory financial institutions should be endowed with agile and flexible information systems that allow them to respond to the new managerial necessities and the current demands of Strategic Management.
Thus, in this paper, first we analyse the characteristics of the different funds-tranfer- pricing methods applicable in the banks and go on to carry out a comparative analysis of the former. Secondly, we present the main features that characterize the funds-transfer-pricing methods in Spanish Savings Banks and Spanish Rural Banks, based on the results obtained from a survey carried out among these companies.
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