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In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by the state and their activities were circumscribed by rigid norms. After the communist regime had fallen, the state owned banks had to adapt to a competitive environment. The...
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We aim to analyze how the cyclical patterns in state bank lending behavior diverge from other bank types throughout economic downturns. Exploiting the exogenous shock that occurred during the Global Financial Crisis, we use high-frequency spatial banking data belonging to a large emerging...
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The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
Persistent link: https://www.econbiz.de/10003813058
The role of ownership in performance of financial institutions is under-examined yet remains a topical issue. Whilst ownership changes in the banking sector have been evaluated in several studies, the link with other sectors has not been a focus of in depth analysis. A controlled comparison of...
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The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
Persistent link: https://www.econbiz.de/10012989262
voices heard making it difficult to reach a compromise. This is exacerbated when privatization exercise involves state … parties, employees and some religious groups.This study has observed that arguments advanced by opposers of the privatization … justifications for privatization as well as chronology of any pertinent events leading to the decision for privatization …
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