## Central, Eastern and Southeastern Europe; Regional Economic Issues, April 2013 - Table of contents

_Europe, April 26, 2013_

## Source details

**Canonical URL:** [Central, Eastern and Southeastern Europe; Regional Economic Issues, April 2013 - Table of contents](https://www.imf.org/en/publications/reo/eu/issues/2017/01/25/financing-future-growth-the-evolving-role-of-banking-systems-in-cesee)

## Other formats

- [Markdown version](/en/publications/reo/eu/issues/2017/01/25/financing-future-growth-the-evolving-role-of-banking-systems-in-cesee/index.md)
- [Structured JSON version](/en/publications/reo/eu/issues/2017/01/25/financing-future-growth-the-evolving-role-of-banking-systems-in-cesee/index.json)
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## Bibliographic details
- Published: April 26, 2013
- Series: Europe

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### Publication overview
- New series produced by the IMF’s European Department focusing on analytical, one-off pieces on issues of interest to the CESEE region.
- This issue topic: "Financing Future Growth: The Evolving Role of Banking Systems in CESEE."
- Paper prepared for a joint IMF/Czech National Bank Conference held on April 26th in Prague.

### Central analytical themes
- Role of foreign banks (mainly from Western Europe) in CESEE banking systems, in terms of ownership and funding.
- Assessment of how banking in CESEE may change as a result of the global economic and financial crisis.
- Examination of funding models and structural forces shaping banks’ operations and cross-border flows.

### Contents (major sections)
- EXECUTIVE SUMMARY
- I. CONTEXT
- II. THE BOOM-BUST OF FOREIGN BANK FLOWS INTO CESEE
  - The Boom Years: 2003–08
  - The Reversal of Bank Flows: 2008–12
  - Were Funding Developments Demand or Supply Driven?
  - Did Foreign Banks Behave Differently?
- III. STRUCTURAL FACTORS SHAPING BANKS’ NEW FUNDING MODELS
  - Lessons Learned from the Boom-Bust Cycle in CESEE
  - New Global Market and Regulatory Forces on Parent Banks
  - Banking Union
  - Attractiveness of the CESEE Banking Markets
- IV. POLICY IMPLICATIONS

### Boxes included
- 1. The BIS Banking Statistics
- 2. The Vienna Initiative and the Vienna 2 Initiative
- 3. The Evolving Global Regulatory Agenda and Its Impact on CESEE

### Figures and time series highlighted
- CESEE: Foreign Ownership and Foreign Funding of the Banking System
- CESEE: Credit Growth and Funding from BIS-Reporting Countries' Banks to Banks in CESEE, 2003-08
- CESEE: Asset Share of Foreign Banks in 2008 and Increase in Funding of BIS-Reporting Countries' Banks to CESEE Banks during 2008–08
- 4. CESEE: Funding from BIS-Reporting Countries' Banks to Banks and Nonbanks in CESEE during Boom Years
- 5. CESEE: The Building Up of Imbalances
- 6. CESEE: The Boom in Foreign Currency Loans, 2003–08
- 7. CESEE: Change in External Positions of BIS-Reporting Countries' Banks, 2008:Q4– 2012:Q3
- 8. CESEE: Debt-Funding from BIS-Reporting Countries' Banks and GDP Growth
- 9. CESEE: External Position of BIS-Reporting Countries' Banks vis-à-vis CESEE, 2003:Q1– 2012:Q3
- 10. CESEE: Change in External Positions of BIS-Reporting Countries' Banks vis-à-vis CESEE, 2003:Q1– 2012:Q3
- 11. CESEE: Growth of Credit to Households and Enterprises
- 12. Selected CESEE Countries: Nonfinancial Private Sector Saving-Investment
- 13. CESEE: Funding by Western Banks and Their Funding Costs, 2010:Q1–2012:Q3
- 14. CESEE: Real GDP Growth
- 15. Decomposition of Credit Growth Slowdown in 2008–11
- 16. Credit Growth by Subsidiaries of Raiffeisen, 2005–07
- 17. CESEE: Average Annual Credit Growth by Banks, 2001–11
- 18. Why Foreign Banks Credit Growth Slowed Down More than that of Domestic Banks during 2008–11
- 19. Profitability of Western Banks' Operations in CESEE and at a Group Level, 2003–11

### Key focal questions and policy implications (as framed by the publication)
- How did foreign bank funding flows evolve through the boom (2003–08) and reversal (2008–12) phases?
- To what extent were funding developments demand driven versus supply driven?
- Did foreign banks behave differently than domestic banks during the crisis?
- What structural and regulatory forces (including the Banking Union and the global regulatory agenda) will shape future funding models for CESEE banking systems?
- What policy responses are implied by lessons learned from the boom-bust cycle to support financing for future growth in CESEE?

*Central, Eastern and Southeastern Europe; Regional Economic Issues, April 2013 - Table of contents*

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## Content in this bundle

- **Central, Eastern and Southeastern Europe; Regional Economic Issues; April 13, 2013**
  - [Central, Eastern and Southeastern Europe; Regional Economic Issues; April 13, 2013 (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2013/eur/eng/pdf/_ereo0413pdf.pdf.md){rel="alternate" type="text/markdown"}
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- **Tn0413pdf**
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## References

- [Press Release: IMF Launches New Publication "Central, Eastern and Southeastern Europe—Regional Economic Issues"](https://www.imf.org/external/np/sec/pr/2013/pr13141.htm)
- [BLOG—The Evolving Role of the Banking Systems in Central, Eastern and Southeastern Europe](http://blog-imfdirect.imf.org/2013/05/09/the-evolving-role-of-the-banking-systems-in-central-eastern-and-southeastern-europe/)
- [Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)
- [IMF Regional Reports](https://www.imf.org/external/pubs/cat/region.asp)
- [World Economic Outlook Archives](https://www.imf.org/external/ns/cs.aspx?id=29)
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_Source: https://www.imf.org/en/publications/reo/eu/issues/2017/01/25/financing-future-growth-the-evolving-role-of-banking-systems-in-cesee_