Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe

Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe
Author :
Publisher : International Monetary Fund
Total Pages : 41
Release :
ISBN-10 : 9781451961713
ISBN-13 : 1451961715
Rating : 4/5 (13 Downloads)

Book Synopsis Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe by : Ms.Emilia Magdalena Jurzyk

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.


Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe Related Books

Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe
Language: en
Pages: 41
Authors: Ms.Emilia Magdalena Jurzyk
Categories: Business & Economics
Type: BOOK - Published: 2010-01-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Using a combination of propensity score matching and difference-in-difference techniques we investigate the impact of foreign bank ownership on the performance
The Last Shall Be the First: The East European Financial Crisis
Language: en
Pages: 137
Authors: Anders Åslund
Categories: Banks and banking
Type: BOOK - Published: 2010 - Publisher: Peterson Institute

DOWNLOAD EBOOK

Foreign Banks and the Vienna Initiative
Language: en
Pages: 71
Authors: Mr.Ralph De Haas
Categories: Business & Economics
Type: BOOK - Published: 2012-05-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the form of the Vienna Initiative affected c
How Latvia Came Through the Financial Crisis
Language: en
Pages: 159
Authors: Anders Åslund
Categories: Business & Economics
Type: BOOK - Published: 2011 - Publisher: Peterson Institute

DOWNLOAD EBOOK

Latvia stands out as the East European country hardest hit by the global financial crisis; it lost approximately 25 percent of its GDP between 2008 and 2010. It
Global Banking Crises and Emerging Markets
Language: en
Pages: 189
Authors: Josef C. Brada
Categories: Business & Economics
Type: BOOK - Published: 2015-11-23 - Publisher: Springer

DOWNLOAD EBOOK

This timely reader of seminal papers published by Palgrave on behalf of Comparative Economic Studies, examines how and why foreign banks enter emerging markets