Re-examining the impact of foreign bank participation on interest margins in emerging markets

Emerging Markets Review - Tập 11 - Trang 390-403 - 2010
Tigran Poghosyan1
1International Monetary Fund, 700 19th Street, N.W., Washington, DC 20431, USA

Tài liệu tham khảo

Allen, 1988, The determinants of bank interest margins: a note, Journal of Financial and Quantitative Analysis, 23, 231, 10.2307/2330883 Angbazo, 1997, Commercial bank net interest margins, default risk, interest-rate risk and off-balance sheet banking, Journal of Banking & Finance, 21, 55, 10.1016/S0378-4266(96)00025-8 Barajas, 2000, The impact of liberalization and foreign investment in Colombia's financial sector, Journal of Development Economics, 63, 157, 10.1016/S0304-3878(00)00104-8 Berglof, 2002, The great divide and beyond: financial architecture in transition, The Journal of Economic Perspectives, 16, 77, 10.1257/0895330027120 Bonin, 2005, Privatization matters: bank efficiency in transition countries, Journal of Banking & Finance, 29, 31, 10.1016/j.jbankfin.2004.06.015 Boyd, 1994, Are banks dead? Or are the reports greatly exaggerated?, Federal Reserve Bank of Minneapolis Quarterly Review, 18, 2 Brock, 2000, Understanding the behavior of bank spreads in Latin America, Journal of Development Economics, 63, 113, 10.1016/S0304-3878(00)00102-4 Claessens, 2001, How does foreign entry affect domestic banking markets?, Journal of Banking & Finance, 25, 891, 10.1016/S0378-4266(00)00102-3 Claeys, 2007, Acquisition versus Greenfield: the impact of the mode of foreign bank entry on information and bank lending rates Claeys, 2008, Determinants of bank interest margins in Central and Eastern Europe: a comparison with the West, Economic Systems, 32, 197, 10.1016/j.ecosys.2007.04.001 Clarke, 2001, Does foreign bank penetration reduce access to credit in developing countries? Dabla-Norris, 2007, Bank efficiency and market structure: what determines banking spreads in Armenia? De Haas, 2006, Foreign banks in transition countries: to whom do they lend and how are they financed, Financial Markets, Institutions and Instruments, 15, 159, 10.1111/j.1468-0416.2006.00116.x De Haas, 2006, Foreign banks and credit stability in Central and Eastern Europe: a panel data analysis, Journal of Banking and Finance, 30, 1927, 10.1016/j.jbankfin.2005.07.007 Dell'Ariccia, 2004, Information and bank credit allocation, Journal of Financial Economics, 72, 185, 10.1016/S0304-405X(03)00210-1 Demirguc-Kunt, 1999, Determinants of commercial bank interest margins and profitability: some international evidence, World Bank Economic Review, 13, 379, 10.1093/wber/13.2.379 Denizer, 2000, Foreign entry in Turkey's banking sector, 1980–1997 Drakos, 2003, Assessing the success of reform in transition banking 10years later: an interest margin analysis, Journal of Policy Modeling, 25, 309, 10.1016/S0161-8938(03)00027-9 Detragiache, 2008, Foreign banks in poor countries: theory and evidence, Journal of Finance, 63, 2123, 10.1111/j.1540-6261.2008.01392.x EBRD, 2007 Fries, 2005, Cost efficiency of banks in transition: evidence from 289 banks in 15 post-communist countries, Journal of Banking & Finance, 29, 55, 10.1016/j.jbankfin.2004.06.016 Giannetti, 2005, Financial integration and entrepreneurial activity: evidence from foreign bank entry in emerging markets Gorton, 1998, Banking in transition economies: does efficiency require instability?, Journal of Money Credit and Banking, 30, 621, 10.2307/2601261 Havrylchyk, 2006, Profitability of foreign banks in Central and Eastern Europe: does the entry mode matter? Havrylchyk, 2008, Inherited or earned? Performance of foreign banks in Central and Eastern Europe Ho, 1981, The determinants of bank interest margins: theory an empirical evidence, Journal of Financial and Quantitative Analysis, XVI, 581, 10.2307/2330377 IMF, 2000 Lehner, 2008, Entry of foreign banks and their impact on host countries, Journal of Comparative Economics, 36, 430, 10.1016/j.jce.2008.02.002 Martinez Peria, 2004, How foreign participation and market concentration impact bank spreads: evidence from Latin America, Journal of Money Credit and Banking, 36, 511, 10.1353/mcb.2004.0048 Maudos, 2004, Factors explaining the interest margin in the banking sectors of the European Union, Journal of Banking & Finance, 28, 2259, 10.1016/j.jbankfin.2003.09.004 McShane, 1985, A time series/cross section analysis of the determinants of Australian Trading bank loan/deposit interest margins: 1962–1981, Journal of Banking & Finance, 9, 115, 10.1016/0378-4266(85)90065-2 Poghosyan, 2010, Foreign bank entry, bank efficiency and market power in Central and Eastern European countries, Economics of Transition, 18, 571, 10.1111/j.1468-0351.2009.00378.x Poghosyan, 2007, Banking efficiency in emerging economies: the impact of ownership endogeneity and EU accession Saunders, 2000, The determinants of bank interest rate margins: an international study, Journal of International Money and Finance, 19, 813, 10.1016/S0261-5606(00)00033-4 Schwaiger, 2008, Determinants of bank interest margins in Central and Eastern Europe Sengupta, 2007, Foreign entry and bank competition, Journal of Financial Economics, 84, 502, 10.1016/j.jfineco.2006.04.002 Stiroh, 2006, A portfolio view of banking with interest and non-interest activities, Journal of Money, Credit, and Banking, 38, 1351, 10.1353/mcb.2006.0075