Ten years of the Vienna Initiative

Amidst the global financial crisis, international institutions, national authorities and international commercial banks collaborated closely to prevent contagion spreading to Central, East and south east Europe. They built a platform, the Vienna Initiative, that helped curb disruptions and restore c...

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Bibliographic Details
Main Author: European Investment Bank
Format: Online
Language:English
Published: European Investment Bank 2021
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Online Access:OCN: 1134979321
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Summary:Amidst the global financial crisis, international institutions, national authorities and international commercial banks collaborated closely to prevent contagion spreading to Central, East and south east Europe. They built a platform, the Vienna Initiative, that helped curb disruptions and restore confidence in the banking system. Ten years later, the Vienna Initiative has transformed itself into a broader platform for collaboration. It tackles the unique challenges of a region that combines widespread cross-border banking with regulatory and supervisory interdependence, to better support innovation and growth. Commemorating 10 years of the Initiative, this book brings together experiences from the key actors and institutions involved from the beginning.