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Baltic States Banking Sector Evolution

Baltic States Banking Sector Evolution This article gives an overview of the Baltic States banking sector, analysis of the evolution, structure and their perspective. The banking sector was most focused on, as is currently the most important financial intermediation chain, which has the highest weight. The crisis 2008 has highlighted the impact of globalization on the financial sector. The banking industry must take responsibility not only for a profitable business, but also for the banking activities of the possible consequences economy as a whole. This article analyzes the evolution of the banking sector in Baltic States economy recovery; financial stability in Baltic States related to the uncertainty. This paper analyzes the banking sector problems, efficiency indicators and its evolution. Article examines the changes in banking sector with the economic growth, in crisis and after the crisis. It examined the banking sector in different States and its future development, improvement perspective. Keywords: Banking sector, Economic Development, Finance, Banks JEL classification: G21, O16 1. INTRODUCTION The three Baltic States are usually presented as one region. The natural, historic, political and socio-economic development of and business environment in these countries are analogous thereabout. The twenty first century brought major changes in the global financial dynamics. Global change http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Annals of the Alexandru Ioan Cuza University - Economics de Gruyter

Baltic States Banking Sector Evolution

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Publisher
de Gruyter
Copyright
Sciendo is a De Gruyter company © 2018. ALL RIGHTS RESERVED Powered by PubFactory
ISSN
2068-8717
DOI
10.2478/aicue-2014-0015
Publisher site
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Abstract

This article gives an overview of the Baltic States banking sector, analysis of the evolution, structure and their perspective. The banking sector was most focused on, as is currently the most important financial intermediation chain, which has the highest weight. The crisis 2008 has highlighted the impact of globalization on the financial sector. The banking industry must take responsibility not only for a profitable business, but also for the banking activities of the possible consequences economy as a whole. This article analyzes the evolution of the banking sector in Baltic States economy recovery; financial stability in Baltic States related to the uncertainty. This paper analyzes the banking sector problems, efficiency indicators and its evolution. Article examines the changes in banking sector with the economic growth, in crisis and after the crisis. It examined the banking sector in different States and its future development, improvement perspective. Keywords: Banking sector, Economic Development, Finance, Banks JEL classification: G21, O16 1. INTRODUCTION The three Baltic States are usually presented as one region. The natural, historic, political and socio-economic development of and business environment in these countries are analogous thereabout. The twenty first century brought major changes in the global financial dynamics. Global change

Journal

Annals of the Alexandru Ioan Cuza University - Economics – de Gruyter

Published: Dec 1, 2014

Keywords: Business and Economics; Political Economics; Political Economics, other

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