Banking Case Study
The banking industry in the emerging market economies: competition, consolidation and systemic stability - an overview
John Hawkins and Dubravko Mihaljek I. 2. Introduction ........................................................................................................................... Forces for change ................................................................................................................. Deregulation and opening-up to foreign competition ........................................................... Technology ........................................................................................................................... Changes in corporate behaviour .......................................................................................... Banking crises ...................................................................................................................... 3. State banks: privatisation ..................................................................................................... Performance of state-owned commercial banks .................................................................. Privatisation experiences and issues ................................................................................... Central Europe: role of strategic foreign partners ................................................................ Latin America: privatisation as part of structural reforms ..................................................... Crisis-hit Asian countries: how to re-privatise nationalised banks? ..................................... Is there a residual role for state-owned commercial banks? ................................................ 4. Domestic mergers and consolidation ................................................................................... Potential for bank consolidation ............................................................................................ Country
John Hawkins and Dubravko Mihaljek I. 2. Introduction ........................................................................................................................... Forces for change ................................................................................................................. Deregulation and opening-up to foreign competition ........................................................... Technology ........................................................................................................................... Changes in corporate behaviour .......................................................................................... Banking crises ...................................................................................................................... 3. State banks: privatisation ..................................................................................................... Performance of state-owned commercial banks .................................................................. Privatisation experiences and issues ................................................................................... Central Europe: role of strategic foreign partners ................................................................ Latin America: privatisation as part of structural reforms ..................................................... Crisis-hit Asian countries: how to re-privatise nationalised banks? ..................................... Is there a residual role for state-owned commercial banks? ................................................ 4. Domestic mergers and consolidation ................................................................................... Potential for bank consolidation ............................................................................................ Country
References: 2 The causes of financial consolidation in the advanced economies are similar; see Group of Ten (2001).