Banking in Central and Eastern Europe 1980-2006: From by Stephan Barisitz

By Stephan Barisitz

Comparative in constitution and protecting an in depth variety of transition international locations in its survey, this finished publication overviews the advance of the banking platforms in crucial and japanese ecu because the communist period till the current time.

Taking in a variety of nations together with Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Romania, Croatia, Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Barisitz - an economist with the critical financial institution of Austra - analyzes the evolution of criminal foundations, banking supervision, banks’ significant resources of resources, liabilities, gains and comparable alterations, banking crises, restructuring, rehabilitation courses, the position of foreign-owned banks and FDI.

A major book, it's interesting interpreting for all these learning and dealing within the parts of transition financial system, macro and financial economic climate and monetary history


Show description

Read Online or Download Banking in Central and Eastern Europe 1980-2006: From Communism to Capitalism PDF

Best banks & banking books

Secrets of the Federal Reserve the London Connection

Initially commissioned through Ezra Pound, whose brief creation appears to be like right here for the 1st time, the ebook made a short visual appeal in an prior model, 1952, which used to be supressed, the German model even being burnt en masse. ultimately, after years of travails, this up-to-date and improved re-creation was once in a position to be released, and devoted to Pound, who, because of his prestige in 1952, needed to stay within the history.

Understanding Credit Derivatives and Related Instruments (Academic Press Advanced Finance)

I'm a monetary engineering graduate pupil with specialist event in company and dependent finance. I first learn this booklet sooner than I knew whatever concerning the topic and located it very obtainable. this isn't a technical creation to credits derivatives, nor will it's quite important to quants (other than possibly as a short connection with a pair concepts), even if this booklet does an admirable activity of explaining and linking the area of CD perform with educational idea.

Women and Microcredit in Rural Bangladesh: An Anthropological Study of Grameen Bank Lending

The Grameen financial institution of Bangladesh has been extending small loans to bad debtors (primarily girls) to advertise self-employment and source of revenue iteration seeing that 1976. the plain good fortune of the Grameen financial institution (that is, recruitment of consumers, funding of loans, restoration charges on invested loans and revenue margins) has made microcredit a brand new version for poverty relief and sustainable improvement.

Brazil: Forging a Strategic Partnership for Results--An OED Evaluation of World Bank Assistance

Brazil - Forging a Strategic Partnership for effects evaluates the realm financial institution assistance application to Brazil through the 1990-2002 interval and examines 3 major and inter-related questions. First, no matter if the goals of financial institution tips have been suitable, given Brazil's improvement desire and demanding situations in this interval.

Extra info for Banking in Central and Eastern Europe 1980-2006: From Communism to Capitalism

Example text

3). Connected lending, bad loans and inter-enterprise arrears continued to proliferate in the mid-1990s. 7 New problems soon made themselves felt. The failures of a number of smaller private credit institutions in 1994 and 1995 effectively exhausted the newly constituted Deposit Insurance Fund. In some of these cases, fraudulent behavior occurred. The problems worsened when two medium-sized banks (including the largest private bank, Agrobanka) became insolvent in 1996. The CNB stepped in to guarantee deposits.

But some banking failures still happened. For instance, Agrobank encountered solvency problems, its operations were temporarily suspended and its management overturned in 1995. After a run on Postabank in 1997 (the sixthlargest bank and partially privatized then), the institution was renationalized the following year and its directors were dismissed for fraudulent behavior. The new management sought to reduce the bank’s risk exposure. 8 percent of Hungarian GDP (of 2000) (Schardax and Reininger 2001: 31).

Finally, given that in the pre-World War II period banks had already dominated (rudimentary) financial sectors in most later transition countries, the postcommunist economies just picked up earlier traditions. Given macroeconomic instability, legal and regulatory frameworks that were not yet reliably enforced, and banks’ continuing financial difficulties in initial transition years, privatization of credit institutions in most countries only gathered momentum in the second half of the 1990s. The quality of this privatization and the degree to which vital know-how was transferred to the banks proved to be another decisive factor for subsequent developments.

Download PDF sample

Rated 4.08 of 5 – based on 44 votes