In Bosnia and Herzegovina, we have seen a rather stable development with, so far, no apparent destabilising effects resulting from such ownerships. I believe that there are a  BIS Review 30/2010  1  number of reasons for the success in maintaining stability.
First, I think we have to recognise that the authorities in the countries hosting subsidiaries of banks from the European Union have applied and ensured compliance with adequate prudential rules that did not allow local banks to be highly leveraged.