Law in transition online 2005 – Banking law in transition

The development of a reliable, market-oriented banking system is fundamental to economies in transition. Banks are key players in the transition process of the countries of central and eastern Europe and the Commonwealth of Independent States. Foreign investment, capital markets, local entrepreneurship, payment transactions: virtually all the elements of a functioning market economy presuppose that its actors can rely on a sound and stable banking system

.

This edition of Law in transition online assesses developments in banking law in the EBRD's countries of operation since the start of transition.