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Lost & Found in Eastern Europe: Replacing Funding by Western Europe’s Banks

By | June 13th, 2012|Advanced Economies, Economic Crisis, Emerging Markets, Finance, growth, IMF, International Monetary Fund|

There is little doubt the era of generous funding from Western Europe's banks to their subsidiaries in the East is over, but this doens't have to translate into a reduction of bank credit in the emerging economies of Europe. The IMF's latest analysis shows an increase in local deposits in most countries of the region has offset the withdrawal of funding from Western Europe.

Inci Ötker-Robe

By | May 27th, 2011|

İnci Ötker-Robe is currently an Advisor at the IMF’s Monetary and Capital Markets Department. She was previously the Chief of the Financial Sector Analysis Division and a research fellow at the Central Bank of the Republic of Turkey. Since joining the IMF she has worked on a range of emerging market countries, including Bulgaria, Croatia, Romania, Ukraine, Indonesia, and Malaysia, and more recently on advanced financial systems. She has written extensively and published on financial stability, systemically important large complex financial institutions, financial interlinkages and contagion, rapid credit growth, capital controls, monetary and exchange rate regimes and currency crises.   Latest post:
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