Arbeitspapier

Retrenchment of euro area banks and international banking models

In this paper, we analyze the importance of international banking models, along the operational and the funding dimensions, for the decline in international positions of European banks since the crisis. Using BIS Consolidated Banking Statistics, we find that the multinational model (higher reliance on local activity) and the decentralized model (higher weight of local funding over local claims) is associated with lower retrenchment. We also find that more business synchronization between the home and the host economy is associated with higher declines in lending after the crisis and that the multinational and decentralized models mitigate such effect. On the other hand, lending to banks is not affected by the correlation of economic cycles between the home and the host country.

ISBN
978-92-9472-175-4
Sprache
Englisch

Erschienen in
Series: ESRB Working Paper Series ; No. 112

Klassifikation
Wirtschaft
International Investment; Long-term Capital Movements
Multinational Firms; International Business
International Financial Markets
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
global banking
cross-border bank lending
financial crisis
retrenchment

Ereignis
Geistige Schöpfung
(wer)
Argimón, Isabel
Fernández Ortiz, Elena
Rodríguez-Moreno, María
Ereignis
Veröffentlichung
(wer)
European Systemic Risk Board (ESRB), European System of Financial Supervision
(wo)
Frankfurt a. M.
(wann)
2020

DOI
doi:10.2849/857593
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Argimón, Isabel
  • Fernández Ortiz, Elena
  • Rodríguez-Moreno, María
  • European Systemic Risk Board (ESRB), European System of Financial Supervision

Entstanden

  • 2020

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