Banking Performance in South-Eastern Europe During the Interwar Period

Zarko Lazarevic ()
Additional contact information
Zarko Lazarevic: Institute of Contemporary History, Foreign Research Division, Ljubljana, Slovenia

No 79, Working Papers from Bank of Greece

Abstract: In the framework of the broader political and economic development of the individual states on Balkan Peninsula the author has made the comparison between the performance of the banking sector in Yugoslavia, Romania, Greece and Bulgaria. The analysis was carried out on the sample of balance sheets for the most important joint stock banking companies in the respective countries in the years 1928 and 1929 which represent the peak of the activity and performance of banks in region. In the following years the whole region sank in the abyss of the Great Depression of the thirties when the issue of banking performance was considered on the different way. One of the common features of the banks in region is certainly the prevailing role of short-term resources and a huge imbalance in interest incomes and incomes from other bank transactions. This fact does not only testify to high margins and effective interest rates, but also to a limited portfolio in bank services and other transactions, which was the consequence of the social and economic environment that banks had to operate in.

Keywords: South-eastern Europe; Banks; Banking; Balance sheets. (search for similar items in EconPapers)
JEL-codes: G21 N24 (search for similar items in EconPapers)
Pages: 26
Date: 2008-07
New Economics Papers: this item is included in nep-ban and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.bankofgreece.gr/BogEkdoseis/Paper200879.pdf Full Text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bog:wpaper:79

Access Statistics for this paper

More papers in Working Papers from Bank of Greece Contact information at EDIRC.
Bibliographic data for series maintained by Anastasios Rizos ().