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Methodology
THE SITUATION OF banks in emerging markets varies with the region. The concept of emerging markets for the banking industry is becoming increasingly hard to define as a general category.
Central and eastern European banking systems are increasingly integrated in the EU mainstream - even in those cases where accession to the EU is not imminent. Important segments of Latin American banking are now in the hands of large global banking groups, primarily from Spain and the US.
In the Middle East, fears about major banking difficulties linked to the Iraqi war did not materialize. Russia remains an economy with an underdeveloped banking system,...
