Foreign entry in Turkey's banking sector, 1980-97

One remarkable consequence of Turkey's financial liberalization has been the large number of foreign banks entering the banking sector. Their effect? They appear to have increased competition and to have reduced the overhead expenses of domestic commercial banks, strengthening profits.

Bibliographic Details
Main Author: Denizer, Cevdet.
Corporate Author: World Bank
Format: Book
Published: Washington, DC: World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit, [2000]
Series:Policy research working papers
Subjects:
Online Access:http://econ.worldbank.org/docs/1217.pdf
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