Banking Sector Development in Transition Countries - The Impact of Multinational Banks - Softcover

Inhaltsangabe

After the fall of the Berlin wall, the socialist countries of Central and EasternEurope embarked on a process of profound economic transition. An importantelement of this transition process has been the creation of a wellfunctioningbanking sector.This book examines the impact of multinational banks on the development ofbanking sectors across a range of European transition countries. The mainfocus is on how multinational banks influence the stability and compositionof bank lending in this region. To address this question, this study examines:the increasing importance of multinational bank credit from the perspectiveof the local business sector; the composition of multinational bank lending interms of local credit versus cross-border credit; the relative stability of multinationalbank credit growth; the customer orientation of multinationalbanks; and the internal structure of these banks.The book is addressed to professionals in commercial banks, central banksand supervisory authorities, both in the transition region and in Western Europe.It is also directed towards researchers in the fields of transition economicsand finance.

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