1.

Record Nr.

UNINA9910733730803321

Autore

Iwanicz-Drozdowska Małgorzata

Titolo

Foreign-Owned Banks : The Role of Ownership in Post-Communist European Countries / / by Małgorzata Iwanicz-Drozdowska, Paola Bongini, Paweł Smaga, Bartosz Witkowski

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2018

ISBN

3-030-01111-9

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (220 pages)

Collana

Studies in Economic Transition, , 2662-6675

Disciplina

332.1

332.1091717

Soggetti

Banks and banking

Financial crises

Banking

Financial Crises

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Chapter 1. Introduction -- Chapter 2. CESEE Countries—Historical Background, Transition and Development -- Chapter 3. Foreign Bank Entry into CESEE Countries in the 90s and Afterwards -- Chapter 4. Credit Activity of Foreign-Owned Banks in CESEE -- Chapter 5. Impact of Foreign-Owned Banks on Financial Stability -- Chapter 6. Impact of Foreign-Owned Banks on Economic Development -- Chapter 7. Concluding Remarks—Who is the Winner of Foreign Banks’ Presence?.

Sommario/riassunto

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. .