1.

Record Nr.

UNINA9910817533403321

Autore

Ong Li

Titolo

Foreign Banks in the CESE Countries : : In for a Penny, in for a Pound? / / Li Ong, Andrea Maechler

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-0331-5

1-4527-2485-7

1-4518-7202-X

9786612842764

1-282-84276-5

Edizione

[1st ed.]

Descrizione fisica

1 online resource (64 p.)

Collana

IMF Working Papers

Altri autori (Persone)

MaechlerAndrea

Disciplina

338.28394

Soggetti

Banks and banking, Foreign

Banks and banking - Europe

Banks and Banking

Money and Monetary Policy

Industries: Financial Services

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Banking

Monetary economics

Finance

Foreign banks

Foreign currency exposure

Currencies

Commercial banks

Financial institutions



Money

Nonbank financial institutions

Foreign exchange market

Banks and banking

Financial services industry

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"March 2009."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; Glossary; I. Introduction; II. The Data; A. Derivation of the Components of Bank Claims; Figures; 1. Components of Bank Claims on a Country; 2. Bank Claims Dataset Constructed From BIS and IFS Statistics; Boxes; 1. Deriving the Components of Bank Claims from BIS and IFS Data; B. Selection of Home and Host Countries; Tables; 1. CESE: Claims of Foreign Banks on Major Host Countries, as at End-2007; III. Stylized Facts: An Analysis of the Data; A. Local and Foreign Banks' Claims on All Sectors; 2. CESE: Claims of Foreign Banks of Major Home Countries, as at End-2007

3. CESE: Share of Total Foreign Bank Claims on Select Host Countries as at End- 20074. CESE: Share of Total Foreign Bank Claims of Home Countries, as at End-2007; 5. CESE-13: Changes in the Maturity Structure of Total Foreign Bank Claims on Select Host Countries, March 2005-December 2007; B. Local and Foreign Banks' Claims on the Private Sector; 6. CESE-13: Changes in the Sectoral Structure of Total Foreign Bank Claims on Select Host Countries, March 2005-December 2007; 3. CESE-13: Composition of Bank Claims on the Nonbank Private and Banking Sectors by Sub-Region

IV. A Quantification of Home and Host "Exposures"A. Short-Term Exposures; 4. CESE-13: Composition of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region; 7. CESE-13: Quantification of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region, as at End-2007; B. Longer-Term Exposures; 8. CESE-13: Quantification of Longer-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region, as at End-2007; V. Other Considerations; A. Possible Implications of Banks' Funding Sources

B. Data Shortcomings and Areas for Improvement5. CESE New Member States: Loan-to-Deposit Ratio; 6. CESE New Member States: Total Assets of Foreign Bank Branches and Subsidiaries; 2. Discrepancies Among Sources of Banking Claims Data: The Estonia Example; 9. Bank Claims: Stocktake of Data Availability and Sources; VI. Concluding Remarks; Appendices; I. A Comparison of Data on Foreign Bank Claims; II. Derivation of the Aggregate Claims Components on Host Countries; A.1. Bank Claims: Summary of Data Series, Sources and Calculations; A.1. BIS Consolidated Banking Data

A.1. CESE-13: Composition of Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Host CountryIII. CESE-13: Composition of Bank Claims on the Private Sector, by Host Country; A.2. CESE-13: Composition of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Host Country; IV. CESE-13:



Composition of Short-Term Foreign Bank Claims on the Private Sector, by Host Country; A.2. CESE-13: A Quantification of Short-Term Foreign Bank Claims on the Nonbank Private Sector, by Home and Host Countries, as at End-2007

V. CESE-13: A Quantification of Foreign Bank Claims on the Private Sector, by Home and Host Countries

Sommario/riassunto

The aim of this paper is to construct a comprehensive and consistent dataset to analyze the potential risks from foreign bank lending, for both the creditor and borrower countries of Central, Eastern and South-Eastern Europe (CESE). We develop a picture of bank claims on 13 CESE countries by combining credit statistics from several sources. Our constructed data suggest that some of these host countries have become more at risk from a sudden withdrawal of short-term external funding, while home countries have significant aggregate exposures to the region. Overall, we find that data on banking activity remain largely inadequate for surveillance and policymaking purposes, and that a concerted effort to improve data collection is needed at the international level.