State Ownership of Financial Institutions in Europe and Central Asia

This paper introduces key findings from a new cross-country survey on state-owned financial institutions in Europe and Central Asia. It covers 41 such institutions operating in the region as of end 2016, and considers variables in the areas of mand...

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Bibliographic Details
Main Authors: Ferrari, Aurora, Mare, Davide S., Skamnelos, Ilias
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/774471513778818629/State-ownership-of-financial-institutions-in-Europe-and-Central-Asia
http://hdl.handle.net/10986/29079
Description
Summary:This paper introduces key findings from a new cross-country survey on state-owned financial institutions in Europe and Central Asia. It covers 41 such institutions operating in the region as of end 2016, and considers variables in the areas of mandates, instruments, performance, governance, and monitoring/evaluation. It presents results over the period following the global financial crisis up to 2015, distinguishes between state-owned commercial and development financial institutions, and looks at differences among three geographical sub-regions.