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http://hdl.handle.net/10419/60633
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Crystal, Jennifer S. | | en_US |
| dc.contributor.author | | Dages, B.Gerard | | en_US |
| dc.contributor.author | | Goldberg, Linda S. | | en_US |
| dc.date.accessioned | | 2012-08-17T14:26:49Z | | - |
| dc.date.available | | 2012-08-17T14:26:49Z | | - |
| dc.date.issued | | 2001 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/60633 | | - |
| dc.description.abstract | | Foreign 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.iso | | eng | | en_US |
| dc.publisher | | Federal Reserve Bank of New York New York, NY | | en_US |
| dc.relation.ispartofseries | | Staff Report, Federal Reserve Bank of New York 137 | | en_US |
| dc.subject.jel | | F3 | | en_US |
| dc.subject.jel | | F4 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Internationale Bank | | en_US |
| dc.subject.stw | | Betriebliche Kennzahl | | en_US |
| dc.subject.stw | | Aufstrebende Märkte | | en_US |
| dc.subject.stw | | Lateinamerika | | en_US |
| dc.title | | Does foreign ownership contribute to sounder banks in emerging markets? The Latin American experience | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 33980467X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Staff Reports, Federal Reserve Bank of New York
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