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Have The Recent Crisis Affected Foreign Banks’ Positions In Central And Eastern Europe? (I – General Overview)

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  • Daniel Badulescu
  • Nicolae Petria

Abstract

The aim of this paper is to investigate the extension to what foreign banks reacted during recent crisis in supporting their subsidiaries and thus the host economies. The analysis focuses on a brief theoretical overview and an analysis in terms of foreign claims regarding selected Central and Eastern European countries. We are also interested in finding if the entry mode (acquisition of a existing local bank, greenfield investment, non-resident office) did matter in this issue.

Suggested Citation

  • Daniel Badulescu & Nicolae Petria, 2010. "Have The Recent Crisis Affected Foreign Banks’ Positions In Central And Eastern Europe? (I – General Overview)," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 406-411, July.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:1:p:406-411
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    References listed on IDEAS

    as
    1. de Haas, Ralph & van Lelyveld, Iman, 2010. "Internal capital markets and lending by multinational bank subsidiaries," Journal of Financial Intermediation, Elsevier, vol. 19(1), pages 1-25, January.
    2. Lukasz Konopielko, 1999. "Foreign Banks' Entry into Central and East European Markets: Motives and Activities," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 463-485.
    3. Sophie Claeys & Christa Hainz, 2006. "Foreign Banks in Eastern Europe: Mode of Entry and Effects on Bank Interest Rates," Chapters, in: Klaus Liebscher & Josef Christl & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), Financial Development, Integration and Stability, chapter 17, Edward Elgar Publishing.
    4. Joe Peek & Eric Rosengren, 2000. "Implications of the globalization of the banking sector: the Latin American experience," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 45-62.
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    More about this item

    Keywords

    foreign banks; Central and Eastern Europe; economic crisis;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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