Profitability of the CEE Banking Systems During the Crisis Period

Magdalena Radulescu () and Marinela Tanascovici ()
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Magdalena Radulescu: University of Pitesti, Romania
Marinela Tanascovici: University of Pitesti, Romania

Annals of the University of Petrosani, Economics, 2012, vol. 12, issue 1, 274-291

Abstract: The increase of the foreign property in the CEE countries took place at the same time with the increase of the concentration on the banking market. The foreign countries contributed to the highest concentration level of the banking market through two channels: the acquisition by the foreign banks of some local institutions and the consolidation of the local (autochthonous) institutions. Plus, the capital markets have developed considerably in the CEE countries, offering the firms alternative financing sources.

Keywords: foreign banks; profitability; banking sectors; CEE countries; financial crisis (search for similar items in EconPapers)
JEL-codes: G01 G24 G34 (search for similar items in EconPapers)
Date: 2012
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