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Development of the Banking Sector in CEE Countries – Comparative Analysis

Author

Listed:
  • Lidija Barjaktarović

    (Assistant Professor, University Singidunum, Belgrade, Serbia)

  • Maja Paunović

    (Teaching Assistant, University Union Nikola Tesla, Faculty of Management, Sremski Karlovci, Serbia)

  • Dejan Ječmenica

    (Head of Human Resources Department, Wiener Städtische , Vienna Insurance Group, Belgrade, Serbia)

Abstract

This paper discusses trends in the banking sector in the region of Central and Eastern Europe (CEE) in the period from 2005 to 2010. Having in mind the fact that the CEE region includes countries with different development levels (those that are in the process of transition and countries that have already completed reform changes with more or less success), the following countries are analyzed: Serbia, Croatia, Bosnia and Herzegovina, Montenegro, Macedonia, Romania, Bulgaria and Hungary. The aim of this research is to show the negative influence of the first wave of the global economic and financial crisis on the banking sectors in the aforementioned countries. The research will be based on collecting data prepared by the relevant financial institutions and putting those financial indicators in relation to GDP using quantity methods and finding relation by applying the Pearson correlation finding the correlation by applying the Pearson correlation. The main results of the research aim to prove negative effects of the economic crisis on the banking sectors of the selected CEE countries. Some future analyses will investigate into which international financial instruments will cover the lack of equity in those markets.

Suggested Citation

  • Lidija Barjaktarović & Maja Paunović & Dejan Ječmenica, 2013. "Development of the Banking Sector in CEE Countries – Comparative Analysis," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 2(2), pages 93-114.
    • Handle: RePEc:cbk:journl:v:2:y:2013:i:2:p:93-114
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    CEE countries; crisis; assets of the banking sector; ownership structure; credit potential and deposit potential;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G01 - Financial Economics - - General - - - Financial Crises
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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