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Foreign Bank Entry into CESEE Countries in the 1990s and Afterwards

In: Foreign-Owned Banks

Author

Listed:
  • Paola Bongini

    (University of Milano-Bicocca)

Abstract

This chapter deals with the theory and evidence of multinational banking and applies it to the specific experience of the CESEE countries which faced an extraordinary interest by foreign investors willing to enter their banking sectors. The CESEE countries are the unique regional markets in the world where foreign ownership is predominant and where foreign players compete directly with local banks. This chapter aims to present and evaluate the experience of the CESEE countries with respect to foreign banking by looking at the underlying decisions to expand in these countries by major foreign players, mainly Western European banks, and the preferred entry mode. The chapter also takes a microeconomic approach, examining the overall performance of foreign-owned vis-à-vis domestically owned banks.

Suggested Citation

  • Paola Bongini, 2018. "Foreign Bank Entry into CESEE Countries in the 1990s and Afterwards," Studies in Economic Transition, in: Foreign-Owned Banks, chapter 0, pages 19-63, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-3-030-01111-6_3
    DOI: 10.1007/978-3-030-01111-6_3
    as

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