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This paper applies an analytical paradigm of institutional economics to the transition of the Russian banking sector, focusing on the interplay between ownership change and institutional change. We find that the state's withdrawal from commercial banking has been inconsistent and limited in...
Persistent link: https://www.econbiz.de/10014225415
Persistent link: https://www.econbiz.de/10003939647
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sharing on the volume of private credit by examining unique bank-level panel data from Ukraine, a transition economy where … volume effect of information sharing when information sharing takes place through the central bank-administered public credit … registry. In contrast, information sharing through private credit bureaus is associated with an increase in the volume of bank …
Persistent link: https://www.econbiz.de/10013114677
progress in banking reforms, privatization and corporate governance restructuring, also has a positive impact on bank … of bank efficiency further show that foreign banks are associated with higher profit efficiency but moderately lower cost …
Persistent link: https://www.econbiz.de/10013127478
We investigate the determinants of bank interest margins in the Central and Eastern European countries (CEEC). We … assess to what extent the relatively high bank margins in CEEC can be attributed to low efficiency or non-competitive market …
Persistent link: https://www.econbiz.de/10014215147
The financial services sectors of Romania and Estonia moved towards privatization in sharply contrasting manners. For a … paper; few steps were made towards its fulfillment. By contrast, Estonia's experience of privatization was generally a …
Persistent link: https://www.econbiz.de/10010425997
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10013317850
the international best practices in bank governance and regulation and listing of major banks at the Hong Kong stock … rather than fundamental change in banker’s incentives. Reforms of bank governance and regulatory framework need more time to …
Persistent link: https://www.econbiz.de/10003572196
Since the late 1990s financial strategies for opening Eastern European markets and entry strategies of foreign banks in most CESEE countries included triggers for strong credit growth, especially in the private sector. What are the transition results on the macro level? Does this credit growth...
Persistent link: https://www.econbiz.de/10013117817