Foreign Bank Participation and Crises in Developing Countries
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.
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dig-okr-1098671332024-08-08T17:03:01Z Foreign Bank Participation and Crises in Developing Countries Cull, Robert Martínez Pería, María Soledad ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY 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. 2012-06-05T16:42:13Z 2012-06-05T16:42:13Z 2007-02 http://documents.worldbank.org/curated/en/2007/02/7361403/foreign-bank-participation-crises-developing-countries https://hdl.handle.net/10986/7133 English Policy Research Working Paper; No. 4128 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
| institution |
Banco Mundial |
| collection |
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| country |
Estados Unidos |
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US |
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Bibliográfico |
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En linea |
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dig-okr |
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biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English |
| topic |
ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY |
| spellingShingle |
ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY Cull, Robert Martínez Pería, María Soledad Foreign Bank Participation and Crises in Developing Countries |
| description |
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. |
| topic_facet |
ADMINISTRATIVE COSTS ASSET HOLDINGS AVERAGE VALUES BANK ACCOUNTING BANK ACQUISITIONS BANK ASSETS BANK FOR INTERNATIONAL SETTLEMENTS BANK MERGERS BANK OF GREECE BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUDGET DEFICIT BUDGET DEFICITS CAPITAL FLOWS CENTRAL ASIAN COMMERCIAL CODE CREDIT MARKETS CROSS-BORDER CROSS-COUNTRY EVIDENCE DEGREE OF COMPETITION DEPOSIT INSURANCE DISTRESSED BANKS ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENCY IMPROVEMENTS EMERGING MARKETS EMPIRICAL ANALYSIS EMPLOYMENT ESTATE EXECUTIVE DIRECTORS FINANCIAL FIRMS FINANCIAL INTEGRATION FINANCIAL LIBERALIZATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FOREIGN ASSET FOREIGN ASSETS FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN ENTRY FOREIGN OWNERSHIP FOREIGN PARTICIPATION GOVERNMENT INTERFERENCE GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HOST COUNTRIES HOST COUNTRY HOST DEVELOPING COUNTRIES HOST ECONOMIES INFLATION INSTITUTIONAL DIFFERENCES INSTITUTIONAL ENVIRONMENT INTEREST INCOME INTEREST RATES INTERNATIONAL BANKS LATIN AMERICAN LAWS LIMITED LIQUIDITY LOCAL MARKET MARKET SEGMENTS MARKET SIZE MIDDLE EAST NATIONAL BANK NORTH AFRICA OPERATING COSTS OPERATING EXPENSES OVERHEAD COSTS PRIVATE BANKS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION OF STATE PROFITABILITY PROPERTY RIGHTS PROTECTION OF PRIVATE PROTECTION OF PROPERTY REGULATORY RESTRICTIONS SHAREHOLDING SMALL BUSINESSES SMALL COMPANIES SMALL FIRMS SUB-SAHARAN AFRICA SUBSIDIARIES TRINIDAD AND TOBAGO VOLATILITY |
| author |
Cull, Robert Martínez Pería, María Soledad |
| author_facet |
Cull, Robert Martínez Pería, María Soledad |
| author_sort |
Cull, Robert |
| title |
Foreign Bank Participation and Crises in Developing Countries |
| title_short |
Foreign Bank Participation and Crises in Developing Countries |
| title_full |
Foreign Bank Participation and Crises in Developing Countries |
| title_fullStr |
Foreign Bank Participation and Crises in Developing Countries |
| title_full_unstemmed |
Foreign Bank Participation and Crises in Developing Countries |
| title_sort |
foreign bank participation and crises in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2007-02 |
| url |
http://documents.worldbank.org/curated/en/2007/02/7361403/foreign-bank-participation-crises-developing-countries https://hdl.handle.net/10986/7133 |
| work_keys_str_mv |
AT cullrobert foreignbankparticipationandcrisesindevelopingcountries AT martinezperiamariasoledad foreignbankparticipationandcrisesindevelopingcountries |
| _version_ |
1807160033882931200 |