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of bank efficiency further show that foreign banks are associated with higher profit efficiency but moderately lower cost … progress in banking reforms, privatization and corporate governance restructuring, also has a positive impact on bank …
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This paper provides an overview of the history of banking transition (1989-2006) in 13 CEE countries – with particular emphasis on four relatively large Balkan countries (Bulgaria, Croatia, Romania, Serbia and Montenegro). Two “banking reform waves” are distinguished, salient features of...
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