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Possible foreign bank headache for EU entrants

Extensive foreign control of bank assets in nearly all the new member states highlights the importance of information sharing.
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The entry to the EU of 10 new members, eight of which are central or eastern European (CEE) countries, brings many advantages but for the banking sectors in these CEE states there are also some concerns.

The issue concerns the share of total bank assets held by foreign-controlled banks which exceeds 70% in most of these new member states, with the exception of Slovenia.

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