Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212255 
Year of Publication: 
2013
Series/Report no.: 
Bank of Finland Research Discussion Papers No. 15/2013
Publisher: 
Bank of Finland, Helsinki
Abstract: 
Abstract In this study, we reinvestigate the question of whether government banks are inferior to private banks. We use cross country data from 1993 to 2007 to trace the different types of government banks. These types comprise banks that acquire distressed banks, normal banks, or no banks at all. Contrary to common belief, the evidence shows that unless government banks are required to purchase a distressed bank because of political factors (the government's role), their performances are at par with that of private banks. This fact particularly holds true in countries with poor records on political rights and governance.
Subjects: 
Government banks
Political factor
Government role
Merger
Distressed bank
Institutional factor
JEL: 
C23
G21
G28
G34
Persistent Identifier of the first edition: 
ISBN: 
978-952-6699-29-5
Document Type: 
Working Paper

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