Download or read book Effects of Foreign Banks Entry on Bank Performance in the CEE Countries written by Janek Uiboupin and published by . This book was released on 2004 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Short term Effects of Foreign Bank Entry on Bank Performance in Selected CEE Countries written by Janek Uiboupin and published by . This book was released on 2005 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inherited or Earned Performance of Foreign Banks in Central and Eastern Europe written by Ms.Emilia Magdalena Jurzyk and published by International Monetary Fund. This book was released on 2010-01-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a combination of propensity score matching and difference-in-difference techniques we investigate the impact of foreign bank ownership on the performance and market power of acquired banks operating in Central and Eastern Europe. This approach allows us to control for selection bias as larger but less profitable banks were more likely to be acquired by foreign investors. We show that during three years after the takeover, banks have become more profitable due to cost minimization and better risk management. They have additionally gained market share, because they passed their lower cost of funds to borrowers in terms of lower lending rates. Previous studies failed to pick up the improvements in performance of takeover banks, because they did not account for the performance of financial institutions before acquisitions.
Download or read book Foreign Owned Banks written by Małgorzata Iwanicz-Drozdowska and published by Springer. This book was released on 2018-12-17 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of the role of foreign-owned banks for credit growth, financial stability and economic growth in the post-communist European countries. Using data covering 20 countries over the period from 1995 to 2015, the authors analyse the evolution of banking sectors in CESEE after the transformation in the historical context. This helps draw a new picture of the role of financial development and EU accession in that region, being also a lesson for other countries or regions in transition. Additionally, as the Global Financial Crisis has left a stigma in banking sectors, the book shows its impact on the post-communist banking sectors. As the foreign banks dominate the banking sectors in CESEE countries (the stake of foreign-owned banks is below 50% of assets in only five out of 20 countries), their strategies materially impact the development of CESEE banking sectors, which warrants our scientific exploration. Arriving at a clear concluding point of view on the role of foreign-owned banks and providing insights for future policy of CESEEs towards foreign presence in their banking sectors, this book should be of interest to academics, students, and policymakers.
Download or read book Financial Markets in Central and Eastern Europe written by Morten Balling and published by Routledge. This book was released on 2004-08-02 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries of Central and Eastern Europe have been through a profound transition process for more than a decade now. The financial sectors and markets in the region have been subject to major structural reforms including privatization, liberalization and the acquisition by foreign banks of controlling interests in local financial institutions. This important new book includes papers that chart this process. Topics discussed include the implications of future EU membership, and the strategies pursued by the World Bank and International Monetary Fund.
Download or read book The Effects of Foreign Bank Entry on Domestic Banking Sector in Central and Eastern European Countries written by Ying Yu Li and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Structure and Credit Growth in Central and Eastern European Countries written by Burcu Aydin and published by International Monetary Fund. This book was released on 2008-09 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a modeling framework that delivers joint forecasts of indicators of systemic real risk and systemic financial risk, as well as stress-tests of these indicators as impulse responses to structural shocks identified by standard macroeconomic and banking theory. This framework is implemented using large sets of quarterly time series of indicators of financial and real activity for the G-7 economies for the 1980Q1-2009Q3 period. We obtain two main results. First, there is evidence of out-of sample forecasting power for tail risk realizations of real activity for several countries, suggesting the usefulness of the model as a risk monitoring tool. Second, in all countries aggregate demand shocks are the main drivers of the real cycle, and bank credit demand shocks are the main drivers of the bank lending cycle. These results challenge the common wisdom that constraints in the aggregate supply of credit have been a key driver of the sharp downturn in real activity experienced by the G-7 economies in 2008Q4- 2009Q1.
Download or read book Cross border Banking in Europe written by Franklin Allen and published by CEPR. This book was released on 2011 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report argues that policy reforms in micro- and macro-prudential regulation and macroeconomic policies are needed for Europe to reap the important diversification and efficiency benefits from cross-border banking, while reducing the risks stemming from large cross-border banks.Available online as pdf at: http: //www.cepr.org/pubs/books/CEPR/cross-border_banking.pd
Download or read book Profitability of foreign banks in Central and Eastern Europe written by Olena Havrylchy and published by . This book was released on 2006 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does the Entry Mode of Foreign Banks Matter for Bank Efficiency Evidence from Transition Countries written by Dev V. Vencappa and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the impact of specific modes of entry of foreign banks, i.e. greenfield investment versus merger and acquisition, on bank performance in three transition economies - the Czech Republic, Hungary, and Poland. We use stochastic frontier analysis to model and measure the cost efficiency of banks. We adopt a maximum likelihood approach to estimation in which the variance of the one-sided error term is modeled jointly with the cost frontier, thus enabling us to retrieve efficiency scores, as well as estimating the various determinants of X-inefficiency. We first find that foreign banks are generally more cost efficient than their domestic counterparts, a result that confirms those of the existing empirical literature. We then turn our focus to comparative performance of greenfield banks versus merger and acquisition banks (Mamp;As), and of Mamp;As versus domestic banks. The results show that on average, Mamp;As are surpassed in terms of efficiency by greenfields banks, but no cost efficiency difference is apparent between Mamp;As and domestic banks. However, we find a strong age effect with respect to Mamp;As which suggests that the evolution of Mamp;As' efficiency follows an inverse U-shape, that means Mamp;As tend to get more inefficient following the acquisition, but approximately 4 years and a haft later, their efficiency starts to improve.
Download or read book Investigating Diversity in the Banking Sector in Europe written by Rym Ayadi and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A midst stormy waters, financial systems develop and evolve. New institutional forms and instruments are invented and put into use. Some of them turn out to be successful while others disappear: a natural process of creative and dynamic competition argues for diversity. Diversity offers an optimal environment in which new ideas can come to life, existing ideas can evolve and old ideas make a comeback. In the aftermath of the financial crisis, the foundations of several decades of modern and innovative financial systems have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices have called for a return to more traditional approaches to banking and finance, no one has argued the merits of diversity. This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system. Book jacket.
Download or read book Foreign Bank Participation and Crises in Developing Countries written by Robert J. Cull and published by World Bank Publications. This book was released on 2007 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the recent trends in foreign bank ownership in developing countries, summarizes the existing evidence on the causes and implications of foreign bank presence, and reexamines the link between banking crises and foreign bank participation. Using data on the share of banking sector assets held by foreign banks in over 100 developing countries during 1995-2002, the results show that countries that experienced a banking crisis tended to have higher levels of foreign bank participation than those that did not. Furthermore, panel regressions indicate that foreign participation increased as a result of crises rather than prior to them. However, post-crisis increases in foreign participation did not coincide with increased credit to the private sector, perhaps because in many cases foreign banks acquired distressed banks.
Download or read book Foreign bank entry and performance written by Ilko Naaborg and published by Eburon Uitgeverij B.V.. This book was released on 2007 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Sector in the Enlarging European Union written by Daniel Stavárek and published by Cambridge Scholars Publishing. This book was released on 2009-10-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present book is a collection of studies presented at the 10th International Conference on Finance and Banking which took place at Silesian University - School of Business Administration in Karviná, Czech Republic on October 19 - 20, 2005. All papers presented at the conference have been peer-reviewed and, consequently, the nine best papers that discuss issues corresponding with the book’s focus have been selected by the editors for publication in this book. In spite of the fact that the book is a collection of independent studies it represents a comprehensive and consistent work. All studies (book chapters) are tied together by common references. Through original research, the book will cover various aspects of financial and banking sectors in new EU-member countries, giving a comparison of their development to financial sectors of developed countries. Special attention is paid to prospective integration of the new EU-member countries to the European Economic and Monetary Union and the implications for national economic policies. Generally, the book we are offering gives very deep insight into the financial sector of new EU-member countries written by a very interesting group of authors. It combines young and promising economists with respected researchers living in new as well as in traditional EU countries and working in various ways with the financial sector. The book successfully pulls together theory and actual development of financial sectors in new EU-member countries. Moreover, a rich blend of applied theory and actual practice makes the book attractive for a wide spectrum of readers.
Download or read book Foreign Bank Acquisitions and Ooutreach Evidence from Mexico written by and published by World Bank Publications. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Banks written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2012-01-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20 percent in OECD countries and 50 percent elsewhere. Foreign banks have higher capital and more liquidity, but lower profitability than domestic banks do. Only in developing countries is foreign bank presence negatively related with domestic credit creation. During the global crisis foreign banks reduced credit more compared to domestic banks, except when they dominated the host banking systems.
Download or read book Cross border Banking written by Gerard Caprio and published by World Scientific. This book was released on 2006 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. This volume discusses topics that include: the landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, and more. Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. It requires cooperation by regulatory authorities across jurisdictions and a clear delineation of authority and responsibility. That delineation is typically not present and regulatory authorities often have significantly different incentives to respond when cross-border-active banks encounter difficulties. Most of these issues have only begun to be seriously evaluated. This volume, one of the first attempts to address these issues, brings together experts and regulators from different countries. The wide range of topics discussed include: the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, safety net concerns, failure resolution issues, and the potential future evolution of international banking.
