Template-Type: ReDIF-Article 1.0
Author-Name: Marios Clerides
Author-Email: m.clerides@cytanet.com.cy
Author-Workplace-Name: Hellenic Bank
Author-Name: Constantinos Stephanou
Author-Email: cstephanou@worldbank.org
Author-Workplace-Name: World Bank
Title: The Financial Crisis and the Banking System in Cyprus
Abstract: This paper briefly reviews the causes and propagation mechanisms of the global financial crisis, and the types of policy responses that have been undertaken to date in order to mitigate its adverse effects. It subsequently examines the way that it has been transmitted to the Cypriot banking system, and looks at the impact of the crisis on Cypriot banks so far.
Classification-JEL:
Keywords: Financial crisis, credit expansion, Cyprus banking sector, offshore
Journal: Cyprus Economic Policy Review
Pages: 27-50 
Volume: 3
Issue: 1
Year: 2009
Month: June
File-URL: http://www.ucy.ac.cy/erc/documents/FullTextCleridesStephanou.pdf
File-Format: Application/pdf
Handle: RePEc:erc:cypepr:v:3:y:2009:i:1:p:27-50