01725cas a2200253 a 4500 AALejournalIMF006181 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874181 1018-5941 BD-DhAAL BD-DhAAL Horen, Neeltje. Being a Foreigner Among Domestic Banks : Asset or Liability? / Neeltje Horen, Stijn Claessens. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (35 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 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. Mode of access: Internet Claessens, Stijn. IMF Working Papers; Working Paper ; No. 2009/273 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/273/001.2009.issue-273-en.xml IMF e-Library