Financial sector restructuring and regional integration in the Western Balkans (Английский)

The financial sector in the Western Balkans is bank-dominated, with banks accounting for over 90 percent of financial assets. Capital markets and the insurance sub-sector play a lesser role. Nonetheless, total banking assets in the Western Balkans are only equivalent to those of one mid-sized European bank. The benefits of regional integration derived from economies of scale, knowledge spillovers and increased liquidity would thus be substantial...
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