EconStor >
Federal Reserve Bank of New York >
Staff Reports, Federal Reserve Bank of New York >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/60633
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorCrystal, Jennifer S.en_US
dc.contributor.authorDages, B.Gerarden_US
dc.contributor.authorGoldberg, Linda S.en_US
dc.date.accessioned2012-08-17T14:26:49Z-
dc.date.available2012-08-17T14:26:49Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/60633-
dc.description.abstractForeign bank entrants into emerging markets are usually thought to improve the condition and performance of acquired institutions, and more generally to enhance local financial stability. We use bank-specific data for a range of Latin American countries since the mid-1990s to address elements of this claim. Across the seven largest countries, we find that the financial strength ratings of local banks acquired by foreign entities generally show a slight improvement relative to their domestic counterparts. Our more in-depth case studies of Chile, Colombia, and Argentina do not indicate striking differences in health between larger foreign and domestic retail-oriented banks (although state banks are noticeably weaker). However, foreign banks often have higher average loan growth, higher average provisioning expense, and greater loss-absorption capacity. These results suggest that foreign ownership may provide important positive influences on the stability and development of emerging market banking systems.en_US
dc.language.isoengen_US
dc.publisherFederal Reserve Bank of New York New York, NYen_US
dc.relation.ispartofseriesStaff Report, Federal Reserve Bank of New York 137en_US
dc.subject.jelF3en_US
dc.subject.jelF4en_US
dc.subject.ddc330en_US
dc.subject.stwInternationale Banken_US
dc.subject.stwBetriebliche Kennzahlen_US
dc.subject.stwAufstrebende Märkteen_US
dc.subject.stwLateinamerikaen_US
dc.titleDoes foreign ownership contribute to sounder banks in emerging markets? The Latin American experienceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn33980467Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Staff Reports, Federal Reserve Bank of New York

Files in This Item:
File Description SizeFormat
33980467X.pdf129.78 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.