This book provides an in-depth analysis of the role of foreign-owned banks for credit growth
financial stability and economic growth in the post-communist European countries. Using data
covering 20 countries over the period from 1995 to 2015 the authors analyse the evolution of
banking sectors in CESEE after the transformation in the historical context. This helps draw a
new picture of the role of financial development and EU accession in that region being also a
lesson for other countries or regions in transition. Additionally as the Global Financial
Crisis has left a stigma in banking sectors the book shows its impact on the post-communist
banking sectors. As the foreign banks dominate the banking sectors in CESEE countries (the
stake of foreign-owned banks is below 50% of assets in only five out of 20 countries) their
strategies materially impact the development of CESEE banking sectors which warrants our
scientific exploration. Arriving at a clear concluding point of view on the role of
foreign-owned banks and providing insights for future policy of CESEEs towards foreign presence
in their banking sectors this book should be of interest to academics students and
policymakers.
