TRANSFORMATION AND SUSTAINABLE DEVELOPMENT OF COLLABORATIVE BANKING

With notable transforming economy displays of resilience to the impacts of the global financial crisis, collaborative banking has experienced a period of reform and structural consolidation nearly everywhere around the world over the last decade.Acknowledging these transformations, the paper offers an overview of the key concepts.Simultaneously, it outlines current trends with the goal of forecasting future research by establishing some directions for new investigative efforts regarding collaborative banking on a global scale.Concepts such as sustainability, green finance, and digitalization have recently emerged in research related to collaborative banking and will be explored further concerning their business model.