Abstract
The high growth figures of western European banks penetrating the Central, Eastern, and South-eastern European (CEE) markets are impressive. By October 2005, about 77 percent of banks in CEE countries were in foreign hands, and the number continues to increase.2 The pace of internationalization gives opportunities, including for economic growth and for entrepreneurial initiatives,3 but supervisors still need to maintain a grip on the solidity of the credit institutions.
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© 2007 Linda van Goor
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van Goor, L. (2007). The Role of Cross-border Supervisory Coordination when Dealing with Rapid Credit Growth in Emerging Countries— Home Country Perspective. In: Enoch, C., Ötker-Robe, İ. (eds) Rapid Credit Growth in Central and Eastern Europe. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9781137001542_21
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DOI: https://doi.org/10.1057/9781137001542_21
Publisher Name: Palgrave Macmillan, London
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