Greek banking: from the pre-Euro reforms to the financial crisis and beyond
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Basingstoke
Palgrave Macmillan
2012
|
| Schriftenreihe: | Palgrave Macmillan studies in banking and financial institutions
|
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025262535&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Beschreibung: | Includes bibliographical references (p. 201-213) and index |
| Umfang: | xxiii, 217 p. graph. Darst. 23 cm |
| ISBN: | 9780230356085 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV040409539 | ||
| 003 | DE-604 | ||
| 005 | 20121121 | ||
| 007 | t| | ||
| 008 | 120910s2012 xx d||| |||| 00||| eng d | ||
| 020 | |a 9780230356085 |9 978-0-230-35608-5 | ||
| 035 | |a (OCoLC)812263118 | ||
| 035 | |a (DE-599)BVBBV040409539 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 | ||
| 084 | |a 6,16 |2 ssgn | ||
| 100 | 1 | |a Pasiouras, Fotios |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Greek banking |b from the pre-Euro reforms to the financial crisis and beyond |c Fotios Pasiouras |
| 264 | 1 | |a Basingstoke |b Palgrave Macmillan |c 2012 | |
| 300 | |a xxiii, 217 p. |b graph. Darst. |c 23 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a Palgrave Macmillan studies in banking and financial institutions | |
| 500 | |a Includes bibliographical references (p. 201-213) and index | ||
| 650 | 4 | |a Banks and banking / Greece | |
| 650 | 4 | |a Financial crises / Greece | |
| 650 | 4 | |a Bank | |
| 651 | 4 | |a Griechenland | |
| 856 | 4 | 2 | |m Digitalisierung BSB Muenchen 4 |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025262535&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 940 | 1 | |n oe | |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025262535 | |
Datensatz im Suchindex
| _version_ | 1819320110372880384 |
|---|---|
| adam_text | Contents
List of Figures
xi
List of Tables
xv
Preface
xvii
Acknowledgements
xx
List of Abbreviations
xxi
1
Overview of the Greek Banking Sector
1
1.1
Introduction
1
1.2
Structural features of the Greek banking sector
2
The size of the banking sector
2
Numbers and types of banks
2
Market concentration
4
Trends in branch numbers and employment
6
1.3
Mergers and acquisitions (M&As)
7
M&A trends
7
Empirical evidence
9
1.4
Internationalization of Greek banks
11
1.5
Conclusions
14
2
Macroeconomic
and Institutional Environment
15
2.1
Introduction
15
2.2
Basic
macroeconomic
indicators
15
Gross domestic product
15
Inflation
17
Unemployment
21
Public finance
24
Trade balance
28
2.3
Institutional framework and business environment
29
2.4
Conclusions
35
3
Non-Banking Financial Institutions and Capital Markets
36
3.1
Introduction
36
3.2
Non-banking financial institutions
36
Insurance firms
36
Investment funds
38
Leasing and factoring firms
41
vii
viii Contents
3.3
Capital
markets
42
Athens stock exchange
42
The primary market for government paper
45
The secondary market for government paper
47
3.4
Conclusions
51
4
Central Banking and Policy Responses to the Crisis
53
4.1
Introduction
53
4.2
The Bank of Greece (BoG)
54
The establishment of the BoG
54
The Statute of the BoG
55
Administration and decision-making bodies
of the BoG
56
Responsibilities of the BoG
56
4.3
The European Central Bank (ECB)
57
The establishment of the ECB
57
Administration and decision-making
bodies of the ECB
58
The objective and strategy of the ECB
59
4.4
Policy responses to the crisis
60
Central bank intervention
60
Measures taken by the Greek government
63
Financial assistance from
Eurozone
and IMF
65
The
PSI
and
PSI plus
bond exchange programmes
65
European stabilization mechanism
66
Basel III and CRD IV
67
4.5
Conclusions
67
5
Supervisory Framework
69
5.1
Introduction
69
5.2
Licensing and activities of credit institutions
69
Requirements for setting up and pursuing the
business of a credit institution
69
Activities of credit institutions
70
Other matters relating to licensing and services
71
5.3
Capital adequacy requirements
71
5.4
Reporting and transparency-related regulations
72
5.5
Supervisory power
75
5.6
Liquidity requirements
77
5.7
Provisioning
79
5.8
Money laundering and the financing of
terrorism
79
Contents ix
5.9
Deposit guarantee and investors
compensation scheme
81
5.10
Conclusions
82
Retail Banking
83
6Л
Introduction
83
6.2
Distribution channels
83
6.3
Means of payment
89
6.4
The financial cards market
92
6.5
Loans to households and non-financial corporations
95
Loans to households
95
Loans to non-financial corporations
98
Bank lending rates
101
6.6
The deposits market
102
6.7
Conclusions
107
Performance of the Banking Sector in Greece
108
7.1
Introduction
108
7.2
Greek commercial banks versus banks in
other countries
108
7.3
A more detailed look at the performance indicators of
commercial banks in Greece
109
7.4
Greek cooperative banks versus banks in other countries
118
7.5
A more detailed look at the performance indicators of
cooperative banks in Greece
119
7.6
A brief review of empirical studies on the performance
of Greek banks
119
Assessing the performance of Greek banks
121
Determinants of Greek banks performance
124
7.7
Conclusions
126
Banking Risks
128
8.1
Introduction
128
8.2
Credit risk
128
8.3
Market risk
132
8.4
Operational risk
135
8.5
Capital adequacy
135
8.6
Liquidity risk
139
8.7
Cooperative banks
141
Credit risk
141
Capital adequacy
142
Liquidity risk
144
8.8
Conclusions
145
χ
Contents
9
Corporate Governance
147
9.1
Introduction
147
9.2
Recommendations at an international level
148
The Walker report for the UK
148
European Union directives and
recommendations: general
150
European Union directives and
recommendations: financial institutions
153
Basel Committee on Banking Supervision
154
9.3
Corporate governance in Greece
157
Act
2577/2006
of the Governor of the BoG
157
Other corporate governance frameworks and laws
161
An overview of the corporate governance of
the major Greek banks
162
9.4
Conclusions
166
10
Recent Developments and Future Challenges
167
10.1
Introduction
167
10.2
Financial results and stock performance
167
10.3
Credit ratings
170
10.4
Stress testing results
171
10.5
Resolution of Greek credit institutions
173
10.6
M&A deals, restructurings and privatizations
175
10.7
Challenges for Greek banks
176
Exposure to Greek government bonds (GGB)
176
Developments in the business and
macroeconomic
environment
178
Exposure to the South-east European countries
183
Basel III and CRD IV
183
10.8
Conclusions
186
Notes
187
Bibliography
201
Index
214
|
| any_adam_object | 1 |
| author | Pasiouras, Fotios |
| author_facet | Pasiouras, Fotios |
| author_role | aut |
| author_sort | Pasiouras, Fotios |
| author_variant | f p fp |
| building | Verbundindex |
| bvnumber | BV040409539 |
| ctrlnum | (OCoLC)812263118 (DE-599)BVBBV040409539 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01368nam a2200361 c 4500</leader><controlfield tag="001">BV040409539</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20121121 </controlfield><controlfield tag="007">t|</controlfield><controlfield tag="008">120910s2012 xx d||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780230356085</subfield><subfield code="9">978-0-230-35608-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)812263118</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV040409539</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">6,16</subfield><subfield code="2">ssgn</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Pasiouras, Fotios</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Greek banking</subfield><subfield code="b">from the pre-Euro reforms to the financial crisis and beyond</subfield><subfield code="c">Fotios Pasiouras</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Basingstoke</subfield><subfield code="b">Palgrave Macmillan</subfield><subfield code="c">2012</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xxiii, 217 p.</subfield><subfield code="b">graph. Darst.</subfield><subfield code="c">23 cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Palgrave Macmillan studies in banking and financial institutions</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references (p. 201-213) and index</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Banks and banking / Greece</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial crises / Greece</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Bank</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">Griechenland</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung BSB Muenchen 4</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025262535&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="940" ind1="1" ind2=" "><subfield code="n">oe</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025262535</subfield></datafield></record></collection> |
| geographic | Griechenland |
| geographic_facet | Griechenland |
| id | DE-604.BV040409539 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T16:14:27Z |
| institution | BVB |
| isbn | 9780230356085 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025262535 |
| oclc_num | 812263118 |
| open_access_boolean | |
| owner | DE-12 |
| owner_facet | DE-12 |
| physical | xxiii, 217 p. graph. Darst. 23 cm |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | Palgrave Macmillan |
| record_format | marc |
| series2 | Palgrave Macmillan studies in banking and financial institutions |
| spellingShingle | Pasiouras, Fotios Greek banking from the pre-Euro reforms to the financial crisis and beyond Banks and banking / Greece Financial crises / Greece Bank |
| title | Greek banking from the pre-Euro reforms to the financial crisis and beyond |
| title_auth | Greek banking from the pre-Euro reforms to the financial crisis and beyond |
| title_exact_search | Greek banking from the pre-Euro reforms to the financial crisis and beyond |
| title_full | Greek banking from the pre-Euro reforms to the financial crisis and beyond Fotios Pasiouras |
| title_fullStr | Greek banking from the pre-Euro reforms to the financial crisis and beyond Fotios Pasiouras |
| title_full_unstemmed | Greek banking from the pre-Euro reforms to the financial crisis and beyond Fotios Pasiouras |
| title_short | Greek banking |
| title_sort | greek banking from the pre euro reforms to the financial crisis and beyond |
| title_sub | from the pre-Euro reforms to the financial crisis and beyond |
| topic | Banks and banking / Greece Financial crises / Greece Bank |
| topic_facet | Banks and banking / Greece Financial crises / Greece Bank Griechenland |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025262535&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT pasiourasfotios greekbankingfromthepreeuroreformstothefinancialcrisisandbeyond |