Ebook: EU Accession — Financial Sector Opportunities and Challenges for Southeast Europe
- Tags: Finance /Banking, Development Economics, Macroeconomics/Monetary Economics, Financial Economics
- Year: 2005
- Publisher: Springer-Verlag Berlin Heidelberg
- Edition: 1
- Language: English
- pdf
A distinguished international group of central bankers, commercial bankers, entrepreneurs, academic advisors, policymakers, and representatives of development finance organizations and donor agencies, brought together by KfW, examines in this book the future of financial sector development in Southeast Europe. They explore ways to strengthen the banking sector in Southeast Europe, further promote SMEs, and improve access to financial services in the region. Experts and decision-makers assess the opportunities and challenges presented by the EU accession process and Basel II, and offer candid insight into the expanding role of the private sector in developing the financial landscape. The perspectives presented in this book will prompt discussion and intellectual exchange that will serve as a new starting point for further successful cooperative initiatives.
A distinguished international group of central bankers, commercial bankers, entrepreneurs, academic advisors, policymakers, and representatives of development finance organizations and donor agencies, brought together by KfW, examines in this book the future of financial sector development in Southeast Europe. They explore ways to strengthen the banking sector in Southeast Europe, further promote SMEs, and improve access to financial services in the region. Experts and decision-makers assess the opportunities and challenges presented by the EU accession process and Basel II, and offer candid insight into the expanding role of the private sector in developing the financial landscape. The perspectives presented in this book will prompt discussion and intellectual exchange that will serve as a new starting point for further successful cooperative initiatives.
A distinguished international group of central bankers, commercial bankers, entrepreneurs, academic advisors, policymakers, and representatives of development finance organizations and donor agencies, brought together by KfW, examines in this book the future of financial sector development in Southeast Europe. They explore ways to strengthen the banking sector in Southeast Europe, further promote SMEs, and improve access to financial services in the region. Experts and decision-makers assess the opportunities and challenges presented by the EU accession process and Basel II, and offer candid insight into the expanding role of the private sector in developing the financial landscape. The perspectives presented in this book will prompt discussion and intellectual exchange that will serve as a new starting point for further successful cooperative initiatives.
Content:
Front Matter....Pages I-XX
Setting the Stage for Stability and Progress in Southeast Europe....Pages 7-37
The Scenario for EU Accession by Southeast European Countries....Pages 39-42
Infrastructure Finance, Accession, and Related Policy Issues in Southeast Europe....Pages 43-46
Making It Easier to Do Business in Southeast Europe....Pages 47-54
Financial Sector Development in Southeast Europe — The Roles of EU Accession and Basel II....Pages 61-91
Implementing European Standards of Banking Regulation in Georgia....Pages 93-97
Issues Concerning Foreign Banks' Operations in Bosnia and Herzegovina....Pages 99-102
The Role of Foreign Banks in SEE....Pages 103-106
The Impact of Basel II on Banking in Albania and Southeast Europe....Pages 107-111
Financial Stability in Southeast Europe — Basel II and the Challenges Ahead....Pages 113-123
Bankers' Perspectives — Dynamic Banking in a Changing Market....Pages 131-162
Evolution of the Banking Sector in Southeast Europe — The Role and Business Strategies of Domestic Banks....Pages 163-167
Financing Small and Medium-Sized Companies....Pages 169-171
The Business Strategies of Domestic Banks in the Long Run — SME Lending as an Attractive Market Segment....Pages 173-177
Building a Market Niche Also Builds a Market — Opportunity Bank in Montenegro....Pages 179-182
Clients' Perspectives — Providing More Effective Financial Services for Micro and Small Enterprises....Pages 189-211
Access to Finance: Issues and Opportunities in Southeast Europe....Pages 213-217
Nonfinancial Obstacles to SME Financing in Serbia....Pages 219-226
Constraints to Business Development in Bulgaria and the Case for Action....Pages 227-231
Degrees of Competition in Serving Target Groups — They May Be Closer than You Think....Pages 233-237
A New Approach to Business Development Services in Southeast Europe....Pages 239-242
Public-Private Partnerships for Financial Development in Southeast Europe....Pages 251-275
Replicable and Transparent PPP Models for Financial Sector Development....Pages 277-281
Using PPPs to Facilitate Transactions in Financial Markets....Pages 283-288
Sustainable Microfinance Banks — IMI as a Public-Private Partnership in Practice....Pages 289-296
Opportunities for Public-Private Partnerships in Financial Sector Development....Pages 297-302
Public-Private Partnership — Results in the Banking Sector in Southeast Europe....Pages 303-321
Microfinance Investment Funds — An Innovative Form of PPP to Foster the Commercialisation of Microfinance....Pages 323-335
An Overview of Banking, Financial Regulation, and Access to Financial Services in Southeast Europe in the Context of EU Enlargement....Pages 339-351
Back Matter....Pages 353-369
A distinguished international group of central bankers, commercial bankers, entrepreneurs, academic advisors, policymakers, and representatives of development finance organizations and donor agencies, brought together by KfW, examines in this book the future of financial sector development in Southeast Europe. They explore ways to strengthen the banking sector in Southeast Europe, further promote SMEs, and improve access to financial services in the region. Experts and decision-makers assess the opportunities and challenges presented by the EU accession process and Basel II, and offer candid insight into the expanding role of the private sector in developing the financial landscape. The perspectives presented in this book will prompt discussion and intellectual exchange that will serve as a new starting point for further successful cooperative initiatives.
Content:
Front Matter....Pages I-XX
Setting the Stage for Stability and Progress in Southeast Europe....Pages 7-37
The Scenario for EU Accession by Southeast European Countries....Pages 39-42
Infrastructure Finance, Accession, and Related Policy Issues in Southeast Europe....Pages 43-46
Making It Easier to Do Business in Southeast Europe....Pages 47-54
Financial Sector Development in Southeast Europe — The Roles of EU Accession and Basel II....Pages 61-91
Implementing European Standards of Banking Regulation in Georgia....Pages 93-97
Issues Concerning Foreign Banks' Operations in Bosnia and Herzegovina....Pages 99-102
The Role of Foreign Banks in SEE....Pages 103-106
The Impact of Basel II on Banking in Albania and Southeast Europe....Pages 107-111
Financial Stability in Southeast Europe — Basel II and the Challenges Ahead....Pages 113-123
Bankers' Perspectives — Dynamic Banking in a Changing Market....Pages 131-162
Evolution of the Banking Sector in Southeast Europe — The Role and Business Strategies of Domestic Banks....Pages 163-167
Financing Small and Medium-Sized Companies....Pages 169-171
The Business Strategies of Domestic Banks in the Long Run — SME Lending as an Attractive Market Segment....Pages 173-177
Building a Market Niche Also Builds a Market — Opportunity Bank in Montenegro....Pages 179-182
Clients' Perspectives — Providing More Effective Financial Services for Micro and Small Enterprises....Pages 189-211
Access to Finance: Issues and Opportunities in Southeast Europe....Pages 213-217
Nonfinancial Obstacles to SME Financing in Serbia....Pages 219-226
Constraints to Business Development in Bulgaria and the Case for Action....Pages 227-231
Degrees of Competition in Serving Target Groups — They May Be Closer than You Think....Pages 233-237
A New Approach to Business Development Services in Southeast Europe....Pages 239-242
Public-Private Partnerships for Financial Development in Southeast Europe....Pages 251-275
Replicable and Transparent PPP Models for Financial Sector Development....Pages 277-281
Using PPPs to Facilitate Transactions in Financial Markets....Pages 283-288
Sustainable Microfinance Banks — IMI as a Public-Private Partnership in Practice....Pages 289-296
Opportunities for Public-Private Partnerships in Financial Sector Development....Pages 297-302
Public-Private Partnership — Results in the Banking Sector in Southeast Europe....Pages 303-321
Microfinance Investment Funds — An Innovative Form of PPP to Foster the Commercialisation of Microfinance....Pages 323-335
An Overview of Banking, Financial Regulation, and Access to Financial Services in Southeast Europe in the Context of EU Enlargement....Pages 339-351
Back Matter....Pages 353-369
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