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

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Title: Development and efficiency of the banking sector in a transitional economy : Hungarian experience
Author: Hasan, Iftekhar ; Marton, Katherin
Organization: Bank of Finland
Department / Unit: Institute for Economies in Transition (BOFIT)
Series: BOFIT Discussion Papers
Series number: 7/2000
Year of publication: 2000
Publication date: 15.4.2000
Published in: Published in Journal of Banking & Finance vol 27, no 12 (2003), pp. 2249-2271
Pages: 37 s.
Keywords: pankkitoiminta; Unkari; tehokkuus; yksityistäminen; talousuudistus; Bofit-kokoelma
Abstract: 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 strong and increasingly efficient banking system.Banks with higher foreign bank ownership involvement were associated with lower inefficiency.
Rights: https://helda.helsinki.fi/bof/copyright


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