In the wake of the crisis, the capacity of many banks to lend to relatively high-risk sectors such as SMEs and young, innovative firms is seriously impaired by capital constraints and a strong deterioration in the quality of the assets on their balance sheets. Looking forward, it is vital that...

This publication discusses the challenges and opportunities for the banking sectors in CEE countries and Turkey that arose after the financial crisis in 2007 and the on-going tensions on European sovereign debt markets. Its aim is to take stock of the views of commercial banks, the regulators...