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Article

Иностранные банки в странах Центральной Азии

The article is a pilot holistic study in Russian academia of foreign-funded banks operating or targeting Central Asian region and looks into the effect of exogenous and endogenous risks on banking performance and on regional banking sector at large. It is found that internationalization of banking regulation and supervision positively affects foreign-funded banks regardless of their size, country of origin, and local market experience. Identified risks further systematized through economic and legal domains that allowed understand the key characteristics of alien banks’ effective performance in Central Asia.