Being a Foreigner Among Domestic Banks : Asset or Liability? /
Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improve...
|a Being a Foreigner Among Domestic Banks :
|b Asset or Liability? /
|c Neeltje Horen, Stijn Claessens.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (35 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves over time, possibly as they adapt, and is better when the home country is geographical or cultural (but not institutional) close to the host country. These findings show the importance of controlling for heterogeneity among foreign banks and help reconcile some contradictory results found in the literature on foreign banks' performance.
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|a Mode of access: Internet
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|a Claessens, Stijn.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/273
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/273/001.2009.issue-273-en.xml
|z IMF e-Library