The catching-up of the banking sector in South-Eastern Europe

2013 ◽  
Vol 35 (4) ◽  
pp. 493-511
Author(s):  
Eszter Kazinczy
2018 ◽  
Vol 13 (1) ◽  
pp. 31-42
Author(s):  
Arben Mustafa ◽  
Valentin Toçi

Abstract This paper uses the Panzar-Rosse H-statistic to provide empirical evidence on the impact of competitive behaviour of banks on risk-taking, using the Fixed Effects Vector Decomposition Method on panel data of banks in 15 Central and South-Eastern Europe countries during the period 1999-2009. The findings suggest that banking sector competition has had a negative impact on banks’ risk-taking implying that competition contributed to the improvement of the loan-portfolio quality. However, the results differ significantly when distinguishing between the EU and non-EU countries of the CESEE region. While for the EU countries the relationship between banking sector competition and risk-taking remains negative, this relationship is positive for the non-EU countries of the region, suggesting that an increase of competition in the non-EU countries may be detrimental for the stability of the banking sector in these countries. These results are robust to different model specifications and measures of competition


SAGE Open ◽  
2019 ◽  
Vol 9 (3) ◽  
pp. 215824401987626
Author(s):  
Mirgul Nizaeva ◽  
Ali Coskun

This study investigates the determinants of financial constraint and its impact on the growth of small and medium-sized enterprises (SME) in South Eastern Europe (SEE). In this study, enterprise data from the fifth round of the Business Environment and Enterprise Survey (BEEPS V) undertaken in 2012-2016 were used, and an empirical analysis including ordered probit, probit, and feasible generalized least squares (FGLS) specifications was conducted. The findings evidence that financial constraint is significantly detrimental to SME growth in the region. Moreover, SMEs operating in trade sector perceive access to finance comparatively less, whereas mature enterprises perceive it as more constraining. Among country-specific factors, high banking sector concentration adversely affects access to finance, whereas more domestic credit provided to private sector mitigates the financial constraint perception of SMEs.


2008 ◽  
Vol 20 (2) ◽  
pp. 253-262 ◽  
Author(s):  
Valerija Botrić ◽  
Sunčana Slijepčević

10.1596/26037 ◽  
2003 ◽  
Author(s):  
Harry Broadman ◽  
Jim Anderson ◽  
Stijn Claessens ◽  
Randi Ryterman ◽  
Stefka Slavova ◽  
...  

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