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Abstract
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.
Related information
Legal transition programme
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