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Foreign Bank Entry and Credit Allocation in Emerging Markets

2009-12-01 Business & Economics
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Release : 2009-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 154/5 ( reviews)

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Book Synopsis Foreign Bank Entry and Credit Allocation in Emerging Markets by : Ms.Emilia Magdalena Jurzyk

Download or read book Foreign Bank Entry and Credit Allocation in Emerging Markets written by Ms.Emilia Magdalena Jurzyk. This book was released on 2009-12-01. Available in PDF, EPUB and Kindle. Book excerpt: We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks' portfolio allocation to borrowers with different degrees of informational transparency, as well as by maturities and currencies. The impact of foreign entry on credit allocation may stem from the superior performance of foreign entrants ("performance hypothesis"), or reflect borrower informational capture ("portfolio composition hypothesis"). Our results are broadly in line with the portfolio composition hypothesis, showing that borrower informational capture determines bank credit allocation.m

Foreign Bank Entry and Credit Allocation in Emerging Markets

2009 Banks and banking, Foreign
Download Foreign Bank Entry and Credit Allocation in Emerging Markets PDF Online Free

Author :
Release : 2009
Genre : Banks and banking, Foreign
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Foreign Bank Entry and Credit Allocation in Emerging Markets by :

Download or read book Foreign Bank Entry and Credit Allocation in Emerging Markets written by . This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks' portfolio allocation to borrowers with different degrees of informational transparency, as well as by maturities and currencies. The impact of foreign entry on credit allocation may stem from the superior performance of foreign entrants ("performance hypothesis"), or reflect borrower informational capture ("portfolio composition hypothesis"). Our results are broadly in line with the portfolio composition hypothesis, showing that borrower informational capture determines bank credit allocation.

Foreign Bank Entry and Credit Allocation in Emerging Markets

2009 Banks and banking, Foreign
Download Foreign Bank Entry and Credit Allocation in Emerging Markets PDF Online Free

Author :
Release : 2009
Genre : Banks and banking, Foreign
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Foreign Bank Entry and Credit Allocation in Emerging Markets by :

Download or read book Foreign Bank Entry and Credit Allocation in Emerging Markets written by . This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks' portfolio allocation to borrowers with different degrees of informational transparency, as well as by maturities and currencies. The impact of foreign entry on credit allocation may stem from the superior performance of foreign entrants ("performance hypothesis"), or reflect borrower informational capture ("portfolio composition hypothesis"). Our results are broadly in line with the portfolio composition hypothesis, showing that borrower informational capture determines bank credit allocation.m.

Open Doors

2004-05-13 Business & Economics
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Release : 2004-05-13
Genre : Business & Economics
Kind : eBook
Book Rating : 132/5 ( reviews)

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Book Synopsis Open Doors by : Robert E. Litan

Download or read book Open Doors written by Robert E. Litan. This book was released on 2004-05-13. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press, the World Bank, and the International Monetary Fund publication The extensive reforms and liberalization of financial services in emerging markets worldwide call for cutting-edge strategies to capture the benefits of new investment opportunities. In Open Doors, a volume of papers from the third annual Financial Markets and Development conference, multidisciplinary financial sector experts analyze current economic and political trends and prescribe practical advice to the financial development community. The book addresses the key issues of concern regarding the emerging markets, including the trends, motivations, and scope of FDI in finance; policy options that will best capture the opportunities of foreign entry; and the role of foreign institutions in e-finance innovation. The authors focus on specific topics such as foreign participation in emerging market banking systems and securities industries, WTO policies and enforcement, the role of foreign banks, liberalization of insurance markets, the need for capital markets, and the policy, regulatory, and legal issues associated with e-finance. For policymakers and financial practitioners affected by the WTO's Financial Services Agreement, this timely book should be of particular interest. Contributors include Donald Mathieson (International Money Fund), Pierre Sauvé (Trade Directorate, OECD), George J. Vojta (formerly with Bankers Trust and Citibank), Harold D. Skipper (J. Mack Robinson College of Business, Georgia State University), Benn Steil (Council on Foreign Relations), Morris Goldstein and Edward M. Graham (Institute for International Economics), Nicolas Lardy (Brookings Institution), Phillip Turner (Bank of International Settlements), and Robert Ledig (Fried, Frank, Shriver & Jacobson).

The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets

2010-04-01 Business & Economics
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Release : 2010-04-01
Genre : Business & Economics
Kind : eBook
Book Rating : 611/5 ( reviews)

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Book Synopsis The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets by : Herman Kamil

Download or read book The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets written by Herman Kamil. This book was released on 2010-04-01. Available in PDF, EPUB and Kindle. Book excerpt: The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions contracted sharply, lending to Latin America and the Caribbean (LAC) was significantly more resilient. Analyzing detailed BIS data on global banks' lending to LAC countries-whether extended directly by their headquarters abroad or by their local affiliates in host countries-we show that the propagation of the global credit crunch was significantly more muted in countries where most of foreign banks' lending was channeled in domestic currency. We also show that foreign banks' involvement in LAC has differed in fundamental ways from that in other regions, with most of their lending to LAC conducted by their local subsidiaries, denominated in domestic currency and funded from a domestic deposit base. These characteristics help explain why LAC has not been struck as hard as other emerging markets by the global deleveraging and pullback in foreign banks' lending.

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