From a period of growth and considerably high levels of profitability, Greek banks recently found themselves battling a major decrease in demand in the local market, and an increase in non-performing loans. How is the Greek banking system able to survive the crisis? This is discussed by looking at the last 15 years of the Greek banking system.

This excellent book guides the reader through the regulatory environment of banking and financial sectors in Greece and Europe. Although some of the topics are quite quantitative, they are illustrated with a rich and captivating assortment of applications of financial intermediations. This book is a must for students, academics, and practitioners in the field of finance and banking.

Iftekhar Hasan, E. Gerald Corrigan Professor of Finance, Schools of Business, Fordham University, USA

This new book by Prof. Pasiouras is very important and insightful for scholars in banking and financial markets. It is written by a well-known banking scholar in Europe and is a must read for those interested in recent developments in the banking and financial markets in Greece and the EU. I thoroughly recommend it.

Anthony Saunders, John M. Schiff Professor of Finance, Leonard N. Stern School of Business, New York University, USA.

Autorentext
FOTIOS PASIOURAS is Assistant Professor at the Technical University of Crete, Greece. Previously, he was a Lecturer at the University of Bath, UK, while he has held visiting research and teaching appointments at various institutions in Europe and the USA. He is an Editors-in-Chief of the International Journal of Banking, Accounting and Finance . He has published more than 50 papers in international journals such as: the Journal of Money, Credit and Banking ; Journal of Banking and Finance ; Financial Markets, Institutions and Instruments ; the Review of Quantitative Finance and Accounting ; the European Journal of Operational Research; and Omega .

Inhalt
Overview of the Greek Banking Sector Macroeconomic and Institutional Environment Non-banking Financial Institutions & Capital Markets Central Banking and Policy Responses to the Crisis Supervisory Framework Retail Banking Performance of the Banking Sector in Greece Banking Risks Corporate Governance Recent Developments and Future Challenges