Financial comparison of Western Balkan and Baltic Sea states using the CAMEL approach

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Žurnalų straipsniai / Journal articles
Language:
Anglų kalba / English
Title:
Financial comparison of Western Balkan and Baltic Sea states using the CAMEL approach
Authors:
Kubiszewska, Katarzyna
In the Journal:
International business and global economy, 2017, 36, 31-46
Subject Category:
LT
Estija (Estonia); Kroatija (Croatia); Latvija (Latvia); Lietuva (Lithuania); Finansų įstaigos. Bankai / Financial institutions. Banks.
Summary / Abstract:

ENThis article aims to compare the situation in the banking sectors of two regions that have much in common due to their political and economic history: the Western Balkan states of Serbia, Croatia, and Macedonia and the Baltic Sea states of Lithuania, Estonia, and Latvia. It presents three approaches to defining banking stability that can be found in literature and carries out a preliminary analysis of the financial performance of the discussed banking sectors using the CAMEL approach. Although in 2010 the banking sectors of the Baltic Sea states were in a worse shape than the banking sectors of the Western Balkan states, it has been proved that the banking sectors in countries in which the process of economic transformation has been completed could recover from a crisis faster than states that are still undergoing this process. Economic transformation is essential for the further development of the market economy and the sooner it is completed, the sooner the banking sector can develop and the easier it will be to recover from a crisis or an external shock.

DOI:
10.4467/23539496IB.17.002.7450
ISSN:
2300-6102; 2353-9496
Subject:
Ekonomika / Economics
Permalink:
https://www.lituanistika.lt/content/96204
Updated:
2026-02-25 13:52:48
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