Abstract

  
 

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How Important are Foreign Banks in the Financial Development of
European Transition Countries?


Ilko Naaborg


University of Groningen

Bert Scholtens


University of Groningen - Department of Finance & Accounting

Jakob De Haan


University of Groningen - Faculty of Economics and Business; De Nederlandsche Bank; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Hanneke Bol


University of Groningen

Ralph De Haas


European Bank for Reconstruction and Development

Journal of Emerging Market Finance, Vol. 3, No. 2, pp. 99-124, 2004

Abstract:     
This article analyses the development of the banking sector in European transition countries. We find that, although bank assets increased during the 1990s, credit to the private sector remained relatively low. Foreign-owned banks have become major players in the financial system of these countries. However, foreign bank presence and financial development in general vary considerably among the transition economies. Foreign-owned banks have, in general, higher profitability levels than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge.

Keywords: Financial development, Financial institutions, Foreign banks

JEL Classification: F36, G15, G20, O16, P34

Accepted Paper Series


Date posted: December 17, 2007  

Suggested Citation

Naaborg, Ilko, Scholtens, Bert, Haan, Jakob De, Bol, Hanneke and De Haas, Ralph, How Important are Foreign Banks in the Financial Development of European Transition Countries?. Journal of Emerging Market Finance, Vol. 3, No. 2, pp. 99-124, 2004. Available at SSRN: http://ssrn.com/abstract=1074282

Contact Information

Ilko Naaborg (Contact Author)
University of Groningen ( email )
9700 AH Groningen
Netherlands
Bert Scholtens
University of Groningen - Department of Finance & Accounting ( email )
P.O. Box 800
9700 AH Groningen
Netherlands
Jakob De Haan
University of Groningen - Faculty of Economics and Business ( email )
PO Box 800
Groningen, 9700 AV
Netherlands
+31 0 50 3633706 (Fax)
De Nederlandsche Bank ( email )
P.O. Box 98
Amsterdam, 1000 AB
Netherlands

CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
Poschinger Str. 5
Munich, DE-81679
Germany
HOME PAGE: http://www.CESifo.de
Hanneke Bol
University of Groningen ( email )
9700 AH Groningen
Netherlands
Ralph De Haas
European Bank for Reconstruction and Development ( email )
One Exchange Square
London, EC2A 2JN
United Kingdom
HOME PAGE: www.ebrd.com
Feedback to SSRN (Beta)


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