The Effects of Foreign Entry in Banking Sectors of Transitional Economies: The Case of Slovakia - Softcover

Hersic, Ladislav

Softcover

ISBN 10: 3836457121 ISBN 13: 9783836457125

Publisher: VDM Verlag Dr. Müller, 2009

Synopsis

This research project undertook a combined quantitative and qualitative analysis of the foreign entry effects on domestic banking in Slovakia during the first eight years of the country's existence. The research results suggest that straightforward assessing of foreign entry effects is difficult as it largely depends on the specific conditions of the country's financial sector development. Moreover, the organisation of financial markets, bank supervision and regulation as well as legal infrastructure, state influence and past experience plays a significant role in shaping domestic banks' behaviour. The research results have not supported the view that the opening of financial sectors of transitional economies or developing countries could lead to destabilisation or introduces crisis into the systems. The foreign banks seemed to explore the market upon arrival to decide on future strategies. Once established, however, the banks began to converge in terms of their activities, if not their attitudes. Limited offers of creditworthy customers were quickly substituted with large involvement of their activities on inter-bank and government debt market.

About this title

About the Author:

Dr. Ladislav Hersic: MSc at Economic University, Bratislava; PhD at Leeds University Business School, Leeds, UK. Experiences: freelance country analyst - Euromonitor Plc; member of think-tank and evaluator - Northern Leadership Academy; member of EACES. Ladislav is running his own company in international trade, research and consultancy.

About this edition

• Publisher: VDM Verlag Dr. Müller
• Publication date: 2009
• ISBN 10: 3836457121
• ISBN 13: 9783836457125
• Binding: Paperback
• Number of pages: 300