Foreign-Owned Banks - The Role of Ownership in Post-Communist European Countries (Hardcover, 1st ed. 2018)

This book provides an in-depth analysis of the role of foreign-owned banks for credit growth, financial stability and economic growth in the post-communist European countries. Using data covering 20 countries over the period from 1995 to 2015, the authors analyse the evolution of banking sectors in CESEE after the transformation in the historical context. This helps draw a new picture of the role of financial development and EU accession in that region, being also a lesson for other countries or regions in transition. Additionally, as the Global Financial Crisis has left a stigma in banking sectors, the book shows its impact on the post-communist banking sectors. As the foreign banks dominate the banking sectors in CESEE countries (the stake of foreign-owned banks is below 50% of assets in only five out of 20 countries), their strategies materially impact the development of CESEE banking sectors, which warrants our scientific exploration. Arriving at a clear concluding point of view on the role of foreign-owned banks and providing insights for future policy of CESEEs towards foreign presence in their banking sectors, this book should be of interest to academics, students, and policymakers.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Studies in Economic Transition
Release date:	December 2018
First published:	2018
Authors:	Malgorzata Iwanicz-Drozdowska • Paola Bongini • Pawel Smaga • Bartosz Witkowski
Dimensions:	210 x 148mm (L x W)
Format:	Hardcover
Pages:	220
Edition:	1st ed. 2018
ISBN-13:	978-3-03-001110-9
Categories:	Books > Business & Economics > Economics > Financial crises & disasters Books > Business & Economics > Finance & accounting > Finance > Banking Books > Money & Finance > Banking Promotions
LSN:	3-03-001110-0
Barcode:	9783030011109

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