The level of concentration and the financial stability of the banking sectors in Central and Eastern Europe

Article Sidebar


PDF (Język Polski)

Published:
Jun 26, 2015
Issue
No. 110 (2015)
Section
Artykuły
CitedBy/Share
Crossref
Scopus
Google Scholar
Europe PMC

Main Article Content

Krzysztof Kil
Katedra Finansów, Uniwersytet Ekonomiczny w Krakowie
https://orcid.org/0000-0002-2575-7806

DOI: https://doi.org/10.22630/EIOGZ.2015.110.16
Keywords : concentration of the banking sector, financial stability, CEE countries, HHI, Z-Score
Abstract
The paper analyzes the level of concentration and stability of the banking sectors in Central and Eastern Europe in the years 2000–2013. The states were divided into sub-regions – Central Europe, South–East Europe and the Commonwealth of Independent States. An overview of some current research and an assessment of the relationship between these variables in terms of time and area was presented. A statistically significant coefficients of correlation only for the banking sectors in Slovakia, Slovenia, Estonia, Bulgaria, Bosnia and Herzegovina, Latvia, Romania, Croatia and Serbia were achieved. The direction and strength of the dependence between concentration and stability in these markets was differentiated.

Article Details

How to Cite
Kil, K. (2015). The level of concentration and the financial stability of the banking sectors in Central and Eastern Europe. Zeszyty Naukowe SGGW - Ekonomika I Organizacja Gospodarki Żywnościowej, (110), 5–17. https://doi.org/10.22630/EIOGZ.2015.110.16
References

ALLEN F., GALE D., 2004: Competition and Systemic Stability, Journal of Money, Credit and Banking, 36, s. 453-480.

BECK T., DEMIRGUC-KUNT A., LEVINE R., 2003: Bank Concentration and Crises, NBER Working Paper, 9921, s. 1-41.

BERGER A., KLAPPER L.F., TURK-ARISS R., 2009: Bank Competition and Financial Stability, Journal of Financial Service Research, 35, s. 99-118.

BONGINI P., NIERI L., 2014: Identifying and Regulating Systemically Important Financial Institutions, Economic Notes, 23, s. 40.

BOYD H.J., DE NICOLO G., JALAL A.M., 2009: Bank Competition, Risk and Asset Allocations, IMF Working Paper 143, s. 1-35.

CERQUEIRO G., 2009: Bank concentration, credit quality and loan rates, CentER mimeo.

CETORELLI N., 2004: Real Effects of Bank Competition, Journal of Money, Credit and Banking 3, s. 558-621.

DAVIES R., TRACEY B., 2014: Too Big to Be Efficient? The Impact of Implicit Subsidies on Estimates of Scale Economies for Banks, Journal of Money, Credit and Banking 46, s. 221-223.

DE NICOLO G., LOUKOIANOVA E., 2007: Bank ownership, market structure and risk. IMF Working Papers 215, s. 1-44.

FOOS D., NORDEN L., WEBER M., 2010: Loan growth and riskiness of banks, Journal of Banking and Finance 34, s. 2929-2940.

FU X., LIN Y., MOLYNEUX P., 2014: Bank competition and financial stability in Asia Pacific, Journal of Banking and Finance 38, s. 64-77.

GOLDSTEIN M., VERON N., 2011: Too Big to Fail: The Transatlantic Debate, Working Paper Series 11-2, s. 7.

HAQ M., HAENEY R., 2012: Factors determining European bank risk. Journal of International Financial Markets. Institutions & Money, 696-718.

HULJAK I., 2013: Market Power and Stability of CEE Banks, The Nineteenth Dubrovnik Economic Conference Organized by the Croatian National Bank.

IMF: Global Financial Stability Report. Moving from Liquidity- to Growth-Driven Markets, April 2014.

IWANICZ-DROZDOWSKA M., 2002: Działania banków, [w:] Kryzysy bankowe. Przyczyny i rozwiązania, PWE, Warszawa.

JACKOWICZ K., KOWALEWSKI O., 2002: Koncentracja działalności sektora bankowego w Polsce w latach 1994-2000, Materiały i Studia 143, s. 1-132.

JAHN N., KICK T., 2012: Determinants of Banking System Stability: A Macro-Prudential Analysis, Banken-Workshop, BCBS, CEPR and JFI.

JIMANEZ G., SALAS V., SAURINA J., 2006: Credit market competition, collateral and firms' finance, Banco de Espańa Working Papers 612, s. 9-30.

KOZAK S., 2013: Konkurencja w sektorze bankowym i sektorze ubezpieczeń oraz jej uwarunkowania i pomiar, Wydawnictwo SGGW, Warszawa.

LIIKANEN E. et al, 2012: High-Level Expert Group on Reforming the Structure of the EU Banking Sector, Brussels.

MESA R.B., SANCHEZ H.M., SOBRINO J.N., 2014: Main determinants of efficiency and implications on banking concentration in the European Union, Revista de Contabilidad 17, s. 78-87.

MIKLASZEWSKA E., MIKOŁAJCZYK K., PAWŁOWSKA M. 2014: Do safe banks create safe systems? Central and Eastern European banks' perspective, [in:] Towards a better governance in the EU?, Mathieu C., Sterdyniak H. (red.), OFCE.

OLSZAK M., 2014: Zależność między konkurencją w sektorze bankowym i stabilnością finansową banków - przegląd badań teoretycznych i empirycznych, Internetowy Kwartalnik Antymonopolowy i Regulacyjny 5, s. 8-33.

PAWŁOWSKA M., 2014: Konkurencja w sektorze bankowym. Teoria i wyniki empiryczne. Wydawnictwo C.H. Beck, Warszawa.

RAIFFESISN RESEARCH, 2013: CEE Banking Sector Report.

RAIFFESISN RESEARCH, 2014: CEE Banking Sector Report.

TABAK B.M., FAZIO D., CAJUEIRO D.O., 2013: Systemically important banks and financial stability: The case of Latin America?, Journal of Banking and Finance 37.

THE WORLD BANK, 2014: Global Financial Development Report 2013. Rethinking the Role of the State in Finance.

TUSHAJ A., 2010: Market concentration in the banking sector: Evidence from Albania, BERG Working paper series on government and growth 73, s. 44-48.

UEDA K., WEDER DI MAURO B., 2013: Quantifying Structural Subsidy Values for Systemically Important Financial Institutions, Journal of Banking and Finance, 2830-2842.

UHDE A., HEIMESHOFF U., 2009: Consolidation in Banking and Financial Stability in Europe, Journal of Banking and Finance, t. 33, s. 1299-1311.

WHEELOCK D.C., WILSON P.W., 1995: Evaluating the Efficiency of Commercial Banks: Does Our View of What Banks Do Matter?, Review of Federal Reserve of St. Louis.

ŻUKOWSKA H., 2007: Stabilność i czynniki destabilizujące system bankowy. Przykład Rosji po 1990 roku, Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej, Lublin.

Statistics

Downloads

Download data is not yet available.
Recommend Articles