Modern banking institutions were virtually non-existent in the planned economies of central Europe and the former Soviet Union. In the early transition period, banking sectors began to develop during several years of macroeconomic decline and turbulence accompanied by repeated bank crises....

Modern banking institutions were virtually non-existent in the planned economies of central Europe and the former Soviet Union. In the early transition period, banking sectors began to develop during several years of macroeconomic decline and turbulence accompanied by repeated bank crises....

Privatization of the banking sector is usually viewed as the way to create market oriented banking sectors in formerly planned or transition economies. However, bank privatization is only part of the requisite story. Market-oriented banking requires the disengagement of the state from direct...

To investigate the impact of bank privatization in transition countries, we take the largest banks in six relatively advanced countries, namely, Bulgaria, the Czech Republic, Croatia, Hungary, Poland and Romania. Income and balance sheet characteristics are compared across four bank ownership...

Privatization of the banking sector is usually viewed as the way to create market oriented banking sectors in formerly planned or transition economies. However, bank privatization is only part of the requisite story. Market-oriented banking requires the disengagement of the state from direct...

To investigate the impact of bank privatization in transition countries, we take the largest banks in six relatively advanced countries, namely, Bulgaria, the Czech Republic, Croatia, Hungary, Poland and Romania. Income and balance sheet characteristics are compared across four bank ownership...