Transformacja sektora bankowego w krajach Europy Środkowej, Wschodniej i Południowo-Wschodniej

Abstract

This article attempts to assess the development of banking sectors in the transition countries of Central, Eastern and Southeastern Europe (CESEE) in years 1990–2011. There are evaluated the recommendations of international financial institutions with regard to the reform of the banking sector and a range of banking intermediation measured by the ratio of internal credit provided by the banking system related to GDP. The results of the evaluation of banking reforms allow positively assess the transformation of banking in the CESEE. Countries that consistently implement the adopted bank reform program, consisting of banking market liberalization and privatization of the commercial banking, have developed a secure, two-tier market oriented banking sectors. The depth of banking intermediation is still lower than it is in developed industrialized market economies, however, the distance between the CESEE countries and the adopted pattern in the second decade of reforms has decreased.