Foreign Banks in Central and Eastern Europe. How Important Are They?

• Autorzy: Ralph Haas , Iman Lelyveld
• Języki publikacji: EN

Abstrakty

EN

We focus on two aspects of foreign bank activity in CEE: cross-border credit and the activities of local foreign bank subsidiaries. Our analysis shows that the relative importance of such subsidiaries has increased during the transition period. In Estonia, Hungary and Poland foreign banks were already important during the early transition period as they provided substantial amounts of cross-border credit. Conventional measures of foreign bank activity that exclude such cross-border credit would in these cases have underestimated to level of foreign bank penetration. Finally, we do not find any evidence of a serious reduction in foreign bank credit during or after an economic shock, such as the Russian crisis. (original abstract)

Słowa kluczowe

PL

Bankowość; Banki zagraniczne; Kredyt bankowy; Kryzys finansowy

EN

Banking; Foreign bank; Bank credit; Financial crisis

• Czasopismo: Raporty. Opracowania. Referaty / Akademia Ekonomiczna w Poznaniu
• Rocznik: 2002
• Numer: nr 20 Foreign Banks and Economic Transition: Papers in Progress
• Strony: 25-49

Twórcy

autor

Ralph Haas

• De Nederlandsche Bank

autor

Iman Lelyveld

• De Nederlandsche Bank

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