Ekonomická a finančná matematika

Dear All,

we are pleased to invite you to another Seminar in Empirical Economics taking place at the library of the Institute of Economic Research of the Slovak Academy of Sciences (IER SAS), on:

February 11, 2026 (Wednesday) at 10:00 – 11:30

This time, the invitation has been accepted by:

Peter Albrecht
(Faculty of Business and Economics, Mendel University in Brno, Czech Republic),

delivering a presentation titled:

“Lending Activity Patterns in CEE: Evidence from Ownership Structure Effects”

Abstract:
Using a panel dataset of over 450 banks across fifteen CEE countries from 1994 to 2022, we identify systematic differences in lending activities between foreign- and domestically owned banks. Our results indicate that foreign ownership is associated with a modest but statistically significant increase in lending, which is supported by higher net interest margins. Foreign banks in CEE, while benefiting from access to cheaper liquidity through their parent institutions in Western Europe, exhibit lending behavior that is more vulnerable to operational inefficiencies and external shocks. In contrast, domestic banks are more constrained by liquidity and capitalization, with higher equity and liquid asset ratios significantly reducing their lending capacity. Our findings underscore the significance of foreign ownership in influencing the transmission of financial characteristics into lending behavior, and emphasize the need to consider this factor when evaluating financial system stability. A direct message applies to the specific institutional features of central banks due to the structural trade-offs between cross-border integration and domestic autonomy within post-transition banking systems.


The seminar will be organized in a hybrid form – for those interested, the speaker and a couple of discussants will be present in the library of IER SAS.


Link:
https://teams.microsoft.com/l/meetup-jo ... d04a%22%7d


If you know of anyone who might be interested in this topic, please forward this information on.


More information about the seminars can be found at:
https://ekonom.sav.sk/en/empiricke-seminare11

If you prefer not to receive seminar invitations, please feel free to reach out to:
maria.lackova@savba.sk