Eastern Europe's risky credit boom

The rapid pace of credit growth in the private sector has been a salient feature of the economic environment in central and eastern Europe (CEE) over the past few years. In a number of countries, bank credit has expanded by 4-5% of GDP for several years in a row. This has sparked a debate over whether the credit boom in CEE reflects a normal and expected "financial deepening" - a steady rise in credit-to-GDP ratios as countries in the region catch up with advanced market economies in an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: