LEADER 06440oam 22013214 450 001 9910779223603321 005 20230802005349.0 010 $a1-4639-9609-8 010 $a1-4639-3902-7 035 $a(CKB)2550000000106154 035 $a(EBL)1606510 035 $a(SSID)ssj0000953405 035 $a(PQKBManifestationID)11519584 035 $a(PQKBTitleCode)TC0000953405 035 $a(PQKBWorkID)10910304 035 $a(PQKB)10104273 035 $a(MiAaPQ)EBC1606510 035 $a(Au-PeEL)EBL1606510 035 $a(CaPaEBR)ebr10566324 035 $a(OCoLC)870244935 035 $a(IMF)WPIEE2012010 035 $a(IMF)WPIEA2012010 035 $a(EXLCZ)992550000000106154 100 $a20020129d2012 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aForeign Banks : $eTrends, Impact and Financial Stability /$fNeeltje Horen, Stijn Claessens 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2012. 215 $a1 online resource (42 p.) 225 1 $aIMF Working Papers 300 $a"January 2012". 311 $a1-4639-6329-7 311 $a1-4639-3115-8 320 $aIncludes bibliographical references. 327 $aCover; Contents; I. Introduction; II. Description of the Dataset; III. Trends in Foreign Banking; A. Aggregate Trends; B. Income Group and Regional Trends; C. Globalization and Regional Integration; IV. Importance of Foreign Banks, their Behavior and impact on Domestic Systems; A. Relative Importance of Foreign Banks; B. Differences in Balance Sheets and Performance between Foreign and Domestic Banks; C. Foreign Banks and Domestic Credit Creation; V. Foreign Banks and Financial Stability During the Global Financial Crisis; VI. The Future of Foreign Banking; VII. Conclusions; Table 327 $a1. Number of Banks by Host Country, Aggregates by Income Level and Region 2. Number of Foreign Banks by Home Country, Aggregates by Income Level and Region; 3. Number and Share of Foreign Banks from Home Regions; 4. Importance of Foreign Banks in Local Banking System (2007); 5. Differences in Balance Sheet between Foreign and Domestic Banks; 6. Private Credit and Foreign Banks; 7. The Global Financial Crisis and Credit Growth of Foreign and Domestic Banks; Figure; 1. Number and Share of Foreign Banks, 1995-2009; 2. Number of Entries and Exits of Foreign Banks 327 $a3. Relative Foreign Bank Presence across Host Countries, 1995-2009 4. Share of Foreign Banks in Investing in Own Regions, 1995-2009; 5. Relative Importance of Foreign Banks (2007); Appendix Table; 1. Percentage of Foreign Banks among Total Banks, by Country; 2. Percentage of Foreign Bank Assets among Total Bank Asset, by Country; References 330 3 $aThis paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20 percent in OECD countries and 50 percent elsewhere. Foreign banks have higher capital and more liquidity, but lower profitability than domestic banks do. Only in developing countries is foreign bank presence negatively related with domestic credit creation. During the global crisis foreign banks reduced credit more compared to domestic banks, except when they dominated the host banking systems. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2012/010 606 $aBanks and banking, Foreign 606 $aInvestments, Foreign 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aMoney and Monetary Policy$2imf 606 $aInternational Investment$2imf 606 $aLong-term Capital Movements$2imf 606 $aMultinational Firms$2imf 606 $aInternational Business$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aFinancial Markets and the Macroeconomy$2imf 606 $aBanking$2imf 606 $aFinance$2imf 606 $aMonetary economics$2imf 606 $aForeign banks$2imf 606 $aEmerging and frontier financial markets$2imf 606 $aBank credit$2imf 606 $aFinancial sector development$2imf 606 $aFinancial institutions$2imf 606 $aFinancial markets$2imf 606 $aCredit$2imf 606 $aMoney$2imf 606 $aCommercial banks$2imf 606 $aBanks and banking, Foreign$2imf 606 $aFinancial services industry$2imf 606 $aBanks and banking$2imf 607 $aUnited States$2imf 615 0$aBanks and banking, Foreign. 615 0$aInvestments, Foreign. 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aMoney and Monetary Policy 615 7$aInternational Investment 615 7$aLong-term Capital Movements 615 7$aMultinational Firms 615 7$aInternational Business 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aFinancial Markets and the Macroeconomy 615 7$aBanking 615 7$aFinance 615 7$aMonetary economics 615 7$aForeign banks 615 7$aEmerging and frontier financial markets 615 7$aBank credit 615 7$aFinancial sector development 615 7$aFinancial institutions 615 7$aFinancial markets 615 7$aCredit 615 7$aMoney 615 7$aCommercial banks 615 7$aBanks and banking, Foreign 615 7$aFinancial services industry 615 7$aBanks and banking 700 $aHoren$b Neeltje$01509559 701 $aClaessens$b Stijn$0282431 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910779223603321 996 $aForeign Banks$93762922 997 $aUNINA