01925cas a2200277 a 4500 AALejournalIMF006171 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874150 1018-5941 BD-DhAAL BD-DhAAL Kozak, Sylwester. Foreign Bank Entry and Credit Allocation in Emerging Markets / Sylwester Kozak, Emilia Jurzyk, Hans Degryse, Olena Havrylchyk. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks' portfolio allocation to borrowers with different degrees of informational transparency, as well as by maturities and currencies. The impact of foreign entry on credit allocation may stem from the superior performance of foreign entrants ("performance hypothesis"), or reflect borrower informational capture ("portfolio composition hypothesis"). Our results are broadly in line with the portfolio composition hypothesis, showing that borrower informational capture determines bank credit allocation.m. Mode of access: Internet Degryse, Hans. Havrylchyk, Olena. Jurzyk, Emilia. IMF Working Papers; Working Paper ; No. 2009/270 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/270/001.2009.issue-270-en.xml IMF e-Library