FOREIGN CAPITAL EXPANSION IN EASTERN EUROPE

Radulescu Magdalena
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Radulescu Magdalena: UNIVERSITY OF PITESTI

Annals - Economy Series, 2016, vol. 4, 151-158

Abstract: Eastern Europe faced many transformations in the banking sector area, especially during 90s as a result of the privatization process. Many large banking corporations acquired state-owned local banks and developed their operations on the new markets. The foreign capital represents almost 90% of the total banking assets on the Eastern markets. The consolidation and concentration process of the foreign capital on the banking markets continued during the last financial crisis.

Keywords: banking systems; restructuring and consolidation; Central and Eastern European countries; financial crisis. (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2016:v:4:p:151-158

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