Foreign banks contribute potentially large longer-term benefits to their host economies (see, for example, Claessens and van Horen 2012). But the experience of the recent crisis has revealed that their lending can be more cyclical than that of domestic banks (Cetorelli and Goldberg 2011, Claessens and van Horen 2012, De Haas and Lelyveld 2011).
Foreign bank lending during the Crisis: Evidence on branches vs subsidiaries
John Hooley, Glenn Hoggarth, Yevgeniya Korniyenko, 14 February 2014
Foreigners vs. natives: Bank lending and loan pricing
Thorsten Beck, Vasso P. Ioannidou, Larissa Schäfer, 13 July 2012
The past two decades have seen a large increase in foreign bank entry across the globe. The increase in foreign bank participation has been especially strong in the transition countries of Central and Eastern Europe and Latin America, reaching well above 80% of the number of banks in several countries (Claessens et al. 2008).
2nd MoFiR Workshop on Banking
7 - 8 March 2013, Ancona (Italy)
The aim of the 2nd MoFiR Workshop on Banking is to bring together scholars in banking and finance to discuss the causes, transmission mechanisms, and consequences of the crisis, focusing also on the policy implications for the current situation and the potential reforms.
The organizing committee invites the submission of full papers or extended abstracts on the following themes:
• Financial sector fragility, contagion, safety nets, and crises;
• The (dis-)advantages of cross-border banking;
• Liquidity management and provision by financial intermediaries;
• Banks’ organizational models, informational asymmetries and distance;
• Bank lending, entrepreneurial finance and firm growth;
• Experiments in banking.
- Andrea F. Presbitero
- Ancona (Italy)
- Open attendance
- Università Politecnica delle Marche and MoFiR
- More information:
Disclaimer: Vox is not responsible for the accuracy of this information.
Foreign banks and the global financial crisis: Investment and lending behaviour
Stijn Claessens, Neeltje van Horen, 31 January 2012
Foreign banks have in many countries become important sources of financial intermediation. Given this importance, understanding the impact of the financial crisis on foreign-bank behaviour is important. Questions being asked include:
Foreign banks: Trends and impact on financial development
Stijn Claessens, Neeltje van Horen, 28 January 2012
Although interrupted by the recent financial crisis, the past two decades have seen an unprecedented degree of globalisation, especially in financial services. Cross-border bank and other capital flows have increased dramatically. Many banks have ventured abroad and established a presence in other countries.
Foreign banks and small and medium enterprises: Are they really estranged?
Thorsten Beck, Asli Demirgüç-Kunt, Maria Soledad Martinez Peria, 1 April 2010
The financing of small and medium enterprises (SMEs) has been a subject of great interest both to policymakers and researchers because of the significance of SMEs in private sectors around the world and evidence that these firms are financially constrained. According to Ayyagari et al.
In defence of foreign banks
Ralph De Haas, 28 May 2009
“Banker” has recently become something of a dirty word and “foreign banker” a most reviled sub-species. In recent months, foreign-owned banks have, amongst other things, been accused of abandoning some of the emerging markets that have contributed so much to their profitability over the last decade.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
DellaVigna, Durante, Knight, La Ferrara
Ostry, Berg, Tsangarides
Allen, Eichengreen, Evans
Greenwood, Guner, Kocharakov, Santos
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche