1.

Record Nr.

UNINA9910827453303321

Autore

Horen Neeltje

Titolo

Being a Foreigner Among Domestic Banks : : Asset or Liability? / / Neeltje Horen, Stijn Claessens

Pubbl/distr/stampa

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

ISBN

1-4623-6080-7

1-4518-7418-9

1-4527-8133-8

1-282-84460-1

9786612844607

Edizione

[1st ed.]

Descrizione fisica

35 p

Collana

IMF Working Papers

Altri autori (Persone)

ClaessensStijn

Disciplina

332.152

Soggetti

Banks and banking, International

Investments, Foreign

Banks and Banking

Finance: General

Money and Monetary Policy

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

General Financial Markets: General (includes Measurement and Data)

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Banking

Finance

Monetary economics

Foreign banks

Commercial banks

Competition

Bank credit

Banks and banking, Foreign

Banks and banking

Credit

Czech Republic

Lingua di pubblicazione

Inglese



Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di contenuto

Intro -- Contents -- I. Introduction -- II. Theoretical predictions and related literature -- III. Data and Empirical Methodology -- IV. Empirical Results -- V. Conclusions -- Tables -- 1.Review of Foreign Banking Performance Studies -- 2. Country Coverage and Characteristics of Banking Sector -- 3. Summary Statistics -- 4. Impact of Foreign Ownership on Profitability - Individual Country Regressions -- 5. Impact of foreign ownership on profitability - Home and host characteristics -- 6. Impact of foreign ownership on profitability - Distance -- Appendix Table -- 1. Variable Definitions and Sources -- References.

Sommario/riassunto

Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves over time, possibly as they adapt, and is better when the home country is geographical or cultural (but not institutional) close to the host country. These findings show the importance of controlling for heterogeneity among foreign banks and help reconcile some contradictory results found in the literature on foreign banks' performance.