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pro vyhledávání: '"Di Vittorio, Fabio"'
Credit is key to support healthy and sustainable economic growth but excess aggregate credit growth can signal the build-up of imbalances and lead to systemic financial crisis. Hence, monitoring the credit cycle is key to identifying vulnerabilities,
The paper focuses on the impact of diversification on bank performance and how consolidation through mergers and acquisitions (M&A) affects the banking sector's stability in the Eastern Caribbean Currency Union (ECCU). The paper finds that a lower le