Showing 1 - 10 of 11
A trend common to virtually all European banking markets over the last decade or so has been the fall in bank numbers … is declining. However, a growth in branch numbers in many systems, increasing foreign bank presence, as well as the … any risks for consumers. The paper concludes with some observations on the impact of mergers on bank performance. Economic …
Persistent link: https://www.econbiz.de/10010273285
On the first of January 1993, the Second Banking Directive (1989) of the European Union and a number of the other EU Directives (1) related to the financial service industry were implemented. This heralded a new episode of deregulation, standardised minimum capital requirements and changes in...
Persistent link: https://www.econbiz.de/10010273294
Throughout the industrialised world the banking sector has embarked on a programme of restructuring and consolidation. In Japan the severity of the banking crisis has recently forced both the banking sector and the authorities to recognise deep-rooted problems and to take decisive action. In...
Persistent link: https://www.econbiz.de/10010273297
Although a large series of papers have been concerned with macroeconomic issues such as price stability or employment, very few studies have discussed the impact of the euro on the competitive structure of European banking markets. Two questions are being addressed in this paper: How does the...
Persistent link: https://www.econbiz.de/10010273299
the massive accumulation of nonperforming loans on banks' balance sheets, bank failures, and the economic recession in the …
Persistent link: https://www.econbiz.de/10010273320
agree to this assessment, it is also true that the degree of monetisation and bank intermediation in the Hungarian economy …
Persistent link: https://www.econbiz.de/10010273321
From the single-tiered banking system of the late 1980s, still ruled by the communist party, Eastern Europe's financial system has evolved towards one which EU countries have long been accustomed to. Central and Eastern European Countries (CEEC) are now on the brink of EU membership, and...
Persistent link: https://www.econbiz.de/10010273323
institutions. In 1960, a new banking law further reduced the range of commercial activities of the National Bank of Yugoslavia (the … central bank) and opened the way to the creation of commercial banks. To ensure that banks met the needs of non … the development of banking was the establishment of the Credit and Savings Bank Ljubljana in 1967, which accounted for …
Persistent link: https://www.econbiz.de/10010273324
Planned economies produced many goods and services - such as cars, electricity, and machinery - that did not differ fundamentally from those available in market economies. Certainly, the quality and variety of these goods and services did not reach Western standards and there was an almost...
Persistent link: https://www.econbiz.de/10010273327
reviews the debate about marketbased vs. bank-based financial systems. Using data for a sample of 40 countries over the period … economic growth, but the degree to which a financial system is market- or bank-based cannot explain economic development across …
Persistent link: https://www.econbiz.de/10010273331