Details

Autor(en) / Beteiligte

• Hasan, Iftekhar
• Marton, Katherin

Titel

Development and efficiency of the banking sector in a transitional economy: Hungarian experience

Ist Teil von

• Journal of banking & finance, 2003-12, Vol.27 (12), p.2249-2271

Ort / Verlag

Amsterdam: Elsevier B.V

Erscheinungsjahr

2003

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• The paper analyzes the experiences and developments of Hungarian banking sector during the transitional process from a centralized economy to a market-oriented system. The paper identifies that early reorganization initiatives, flexible approaches to privatization, and liberal policies towards foreign banks’ involvement with the domestic institutions helped to build a relatively stable and increasingly efficient banking system. Foreign banks and banks with higher foreign bank ownership involvement were associated with lower inefficiency.