The banks are known as the backbones of any economy. The banks link the saving surplus units with deficit units thereby providing investment and capital formation opportunities to both the units. In the recent times of financial shrinkages and up & down, the banking sector has witnessed various...

The banks are known as the backbones of any economy. The banks link the saving surplus units with deficit units thereby providing investment and capital formation opportunities to both the units. In the recent times of financial shrinkages and up & down, the banking sector has witnessed various...

Since 2007 the world is facing a financial crisis with serious impact on the global economy. The Albanian economy is small; however, it is a part of the global economy. The effects of the crisis on the economic sectors especially on the financial system of Albania are of interest to many. In...

Cross-border asset and liability holdings allow countries to insulate their consumption streams from idiosyncratic output shocks, i.e. consumption risk sharing. More cross-border asset holdings are associated with more risk sharing. By contrast, a bank’s interconnectedness is regarded as an...

The growing finance wage premium is related to a modest net reallocation of skilled workers from non-finance sectors into finance in a broad sample of 24 countries over 35 years. The reallocation is higher when the finance wage premium grows faster than the contribution of the financial sector...

Cross-border asset and liability holdings allow countries to insulate their consumption streams from idiosyncratic output shocks, i.e. consumption risk sharing. More cross-border asset holdings are associated with more risk sharing. By contrast, a bank’s interconnectedness is regarded as an...

This article analyses the progress of the integration of the Czech banking sector into the European Single Market. Different stages of the integration effort are assessed together with their main factors. The introduction of the euro in the Czech Republic as a legal tender subsequent to the...

The article estimates the likely credit losses in the EU10 countries' banking sector, supposing that economic conditions were to deteriorate further, and that local currencies were depreciated. Factors that may affect the cumulative level of credit losses are discussed. The article concludes...

Corporate governance is a subject of constant timeliness and broad interest, mainly aimed at ensuring adequate protection for investors and financial institutions. This interest in corporate governance is due to its influence on the healthy growth of companies and society as a whole. Paper...

The main driving force of the financial crisis of 2007-2009 was a rapid deterioration of the trust of private agents in the quality of financial institutions and assets.