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Slovakia: Weak Credit Demand

Published: November 9, 2013; 16:42 · (Vindobona)

Due to the lack of credit demand, lending is below its potential. Foreign banks in Slovakia are relatively independent from their parents.

Slovakia: Weak Credit Demand / Picture: © EBRD

“The Slovak banking system is dominated by foreign institutions whose branch networks extend throughout the country and are perceived by all banks as strong competitors. Compared to foreign-bank subsidiaries in other countries, these banks are relatively independent from their parents. For instance, the share of Slovak subsidiaries that report their parents’ influence is…

This article includes a total of 347 words.

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