IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Regional Integration Challenges in South East Europe: Banking Sector Trends

  • George Stubos

    ()

    (Bank of Greece)

  • Ioannis Tsikripis

    (Bank of Greece)

Registered author(s):

    This study reviews and evaluates a particular aspect of the institution building process in the transition countries of Southeast Europe. The focus is the development of the banking sector. It is argued that banking sector development plays an integral and pivotal role in the successful completion of the transition process. It functions as a very strong integrating force contributing to the broader institution building process and as a pillar of future growth and development in the new market environment of the Balkan economies. This study concentrates on three main issues. First, it undertakes a brief literature review of regional integration approaches in the Balkans. Second, it provides an overview of the most significant changes that have taken place in the banking sector. Third, it reviews some structural characteristics and performance indicators, all of which point to considerable advancements made in this sector in recent years. Empirical evidence is provided showing that a substantial harmonisation of ownership structures and performance indicators has been achieved in the banking sectors of these countries initiating a convergence process toward EU banking structures and functions. In this regard, this study complements the findings of other studies focusing on various sectors of economic activity, which clearly show that a de facto regional and, even more so, continental integration of the Southeast European countries is under way.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.bankofgreece.gr/BogEkdoseis/Paper200524.pdf
    File Function: Full Text
    Download Restriction: no

    Paper provided by Bank of Greece in its series Working Papers with number 24.

    as
    in new window

    Length: 36 pages
    Date of creation: Jun 2005
    Date of revision:
    Handle: RePEc:bog:wpaper:24
    Contact details of provider: Web page: http://www.bankofgreece.gr
    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Anders ├ůslund & Peter Boone & Simon Johnson, 1996. "How to Stabilize: Lessons from Post -communist Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 217-314.
    2. Lukasz Konopielko, 1999. "Foreign Banks' Entry into Central and East European Markets: Motives and Activities," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 463-485.
    3. R. T.A. de Haas & I. P.P van Lelyveld, 2004. "Foreign Bank Penetration and Private Sector Credit in Central and Eastern Europe," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 3(2), pages 125-151, August.
    4. Vladimir Gligorov & Mario Holzner, 2004. "Illegal Trade in South East Europe," wiiw Balkan Observatory Working Papers 61, The Vienna Institute for International Economic Studies, wiiw.
    5. Tsoukalis, Loukas, 1997. "The New European Economy Revisited," OUP Catalogue, Oxford University Press, number 9780198774778, March.
    6. George Petrakos, 2002. "Restructuring, Stability, and Development in Southeastern Europe," Eastern European Economics, M.E. Sharpe, Inc., vol. 40(4), pages 3-5, July.
    7. Mitko Dimitrov & Saul Estrin & Xavier Richet, 1997. "Cross Countries Study: State Enterprises Restructuring in Bulgaria, Romania and Albania," ERI-BAS Chapters, in: Mitko Dimitrov (ed.), State Enterprise Restructuring in Bulgaria, Romania and Albania, edition 1, chapter 1, pages 9-30 Bulgarian Academy of Sciences - Economic Research Institute.
    8. Caprio, Gerard, Jr & Levine, Ross, 1994. "Reforming Finance in Transitional Socialist Economies," World Bank Research Observer, World Bank Group, vol. 9(1), pages 1-24, January.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:bog:wpaper:24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christina Tsochatzi)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.