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Profitability of the CEE Banking Systems During the Crisis Period

Author

Listed:
  • Magdalena Radulescu

    (University of Pitesti, Romania)

  • Marinela Tanascovici

    (University of Pitesti, Romania)

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.

Suggested Citation

  • Magdalena Radulescu & Marinela Tanascovici, 2012. "Profitability of the CEE Banking Systems During the Crisis Period," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(1), pages 274-291.
  • Handle: RePEc:pet:annals:v:12:y:2012:i:1:p:274-291
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    More about this item

    Keywords

    foreign banks; profitability; banking sectors; CEE countries; financial crisis;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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