Greek Banking: From the Pre-Euro Reforms to the Financial Crisis and Beyond (Palgrave Macmillan Studies in Banking and Financial Institutions)

Through The 1990s And Early Part Of The 21st Centrury, The Greek Banking Sector Witnessed Fundamental Change Because Of Its Preparations For The Entry Into The Eurozone, With Deregulation, Technological Improvements, Mergers, Preparations For The Euro, And High Growth And Profits. More Recently, Greek Banks Have Found Themselves At The Heart Of The Financial Crisis And In Headlines Around The Globe. From A Period Of Growth And Considerably High Levels Of Profitability, Greek Banks Found Themselves Battling With The Trimming Of Greek Bonds, A Considerable Decrease In Demand In The Local Market, And A Sharp Increase In Non-performing Loans. What Are The Characteristics Of The Greek Banking System? Is It Able To Survive The Crisis? What Lies Ahead? This Book Answers These Questions By Providing A Discussion Of The Greek Banking System From The Mid-1990s Up To The End Of 2011. It Covers Topics Including Profitability, Bank Risk, Corporate Governance, Structure, And The Macroeconomic, Institutional And Regulatory Environment Of The Greek Banking Sector--provided By Publisher. Overview Of The Greek Banking Sector -- Macroeconomic And Institutional Environment -- Non-banking Financial Institutions And Capital Markets -- Central Banking And Policy Responses To The Crisis -- Supervisory Framework -- Retail Banking -- Performance Of The Banking Sector In Greece -- Banking Risks -- Corporate Governance -- Recent Developments And Future Challenges. Fotios Pasiouras. Includes Bibliographical References And Index.