Arbeitspapier
State-owned banks and international shock transmission
In this study, we reassess the links between commercial bank ownership and lending growth during the 1996-2019 period. We find evidence that the lending activities of foreign state-controlled and foreign privately owned banks differ, particularly during different crisis type periods and origins. Foreign state-controlled banks' loan growth rates are higher than those of foreign privateowned banks during host banking crises. By contrast, foreign state-controlled banks reduce their credit growth during a home banking crisis, while foreign private-owned banks increase lending in the host countries. Moreover, we find evidence that bank-specific characteristics were more important determinants of credit growth than ownership structure during the global financial crisis of 2008 and gain in importance in the post-crisis period.
- Sprache
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Englisch
- ISBN
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978-92-899-5110-4
- Erschienen in
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Series: ECB Working Paper ; No. 2661
Financial Crises
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
state-controlled banks
credit growth
crisis
internal capital market
Kowalewski, Oskar
Pisany, Pawel
- DOI
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doi:10.2866/53112
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:20 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Borsuk, Marcin
- Kowalewski, Oskar
- Pisany, Pawel
- European Central Bank (ECB)
Entstanden
- 2022