{"id":4357,"date":"2021-04-14T07:50:00","date_gmt":"2021-04-14T07:50:00","guid":{"rendered":"https:\/\/manager.openweb.ro\/?p=4357"},"modified":"2021-10-14T13:39:16","modified_gmt":"2021-10-14T13:39:16","slug":"foreign-banks-solution-or-problem-for-central-and-eastern-european-countries-the-case-of-romania","status":"publish","type":"post","link":"https:\/\/manager.faa.ro\/?p=4357","title":{"rendered":"Foreign Banks \u2013 Solution Or Problem For Central And Eastern-European Countries. The Case Of Romania"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4357\" class=\"elementor elementor-4357\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-db42d2d elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"db42d2d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4a5b2014\" data-id=\"4a5b2014\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d121af elementor-widget elementor-widget-text-editor\" data-id=\"3d121af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: var(--c-contrast-800); font-size: 16.604px;\">Pages: 38-50<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ccef61a elementor-widget elementor-widget-text-editor\" data-id=\"1ccef61a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Introduction<\/strong>.\u00a0<span style=\"font-size: 16.604px;\">After the collapse of communism, Central and Eastern European countries experienced\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">fundamental macroeconomic reforms aimed at moving from centralized to market-centered economy, where\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">privatization of state-owned credit institutions with foreign capital has had an important role. Since the\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">early 1990s, banks with majority or part foreign capital, as well as branches of foreign banks, have penetrated\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">the banking markets of the countries in transition into a market economy, becoming major players\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">as a result of financial globalization. By imposing on the banking markets of countries in transition to a\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">market economy, foreign-owned banks have come to hold up to 90 percent in some countries in the banking\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">market.<\/span><\/p><p><strong>Aim of the study<\/strong>.\u00a0<span style=\"font-size: 16.604px;\">The paper analyzes the benefits and costs of the presence of banks with a majority or part foreign\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">capital and branches of foreign banks in Central and Eastern European countries &#8211; Poland, Hungary,\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">Croatia, Bulgaria and Romania, with the theoretical arguments of recent researches and empirical evidence\u00a0<\/span><span style=\"font-size: 16.604px; color: var(--c-contrast-800);\">quantified in official reports.<\/span><\/p><p><span style=\"font-size: 16.604px;\"><b>Keywords: <\/b>foreign banks, bank assets, asset profitability, capital profitability.<\/span><\/p><p><span style=\"font-size: 16.604px;\"><b>JEL Classification:<\/b> G20, F3<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-39a87d03 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"39a87d03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manager.faa.ro\/wp-content\/uploads\/2021\/10\/27m_38_50.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Full text sources<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Introduction. After the collapse of communism, Central and Eastern European countries experienced fundamental macroeconomic reforms aimed at moving from centralized to market-centered economy, where privatization of state-owned credit institutions with foreign capital has had an important role. Since the early 1990s, banks with majority or part foreign capital, as well as branches of foreign banks, have penetrated the banking markets of the countries in transition into a market economy, becoming major players as a result of financial globalization. By imposing on the banking markets of countries in transition to a market economy, foreign-owned banks have come to hold up to 90 percent in some countries in the banking market.<\/p>\n<p>Aim of the study. The paper analyzes the benefits and costs of the presence of banks with a majority or part foreign capital and branches of foreign banks in Central and Eastern European countries &#8211; Poland, Hungary, Croatia, Bulgaria and Romania, with the theoretical arguments of recent researches and empirical evidence quantified in official reports.<br \/>\nKeywords: foreign banks, bank assets, asset profitability, capital profitability<br \/>\nJEL Classification: G20, F3<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,37],"tags":[105,116,163,432],"coauthors":[1417],"class_list":{"0":"post-4357","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-36","7":"category-2018-vol-27-issue-1-may","8":"tag-asset-profitability","9":"tag-bank-assets","10":"tag-capital-profitability","11":"tag-foreign-banks","12":"jel-f3","13":"jel-g20"},"_links":{"self":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/4357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/users\/181"}],"replies":[{"embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4357"}],"version-history":[{"count":3,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/4357\/revisions"}],"predecessor-version":[{"id":7674,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=\/wp\/v2\/posts\/4357\/revisions\/7674"}],"wp:attachment":[{"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4357"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/manager.faa.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcoauthors&post=4357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}