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Mejra Festic and Jo e Glogov ek Macro determinants of the banking sector results in in the Czech Republic, Slovakia a

. Potential increase in economic growth in the New Member States should evoke higher demand on already-growing credits at the fact that the catching-up process could be combined with the general banking sectors' pro-cyclicality reinforcing credits growth around the EU accession and second; nominal convergence and lowering of interest rates increase demand for leveraging amongst companies and boost private consumption. Bank credits remain the important source of financing both investment and con29947

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Mejra Festic and Jo e Glogov ek Macro determinants of the banking sector results in in the Czech Republic, Slovakia a

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