Series: IMF Working Papers
Author(s): Ralph De Haas , Yevgeniya Korniyenko , Alexander Pivovarsky , and Elena Loukoianova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2012
Keywords: Foreign Banks, Vienna Initiative, Financial Crisis, State Support, subsidiaries, banking, bank subsidiaries, capital markets, bank lending
We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the form of the Vienna Initiative affected credit growth during the 2008-09 crisis. As part of the...