Arbeitspapier
Emerging East Asian Banking Systems Ten Years after the 1997/98 Crisis
This paper looks at the development of the banking sector in emerging East Asia in the 10 years since the financial crisis of 1997/98. It suggests that the health of banking sectors in the region has improved substantially, with key changes including increased foreign ownership, movement into new business lines, greater transparency, and shifts toward household and real estate lending. In addition, supervisory and regulatory systems have been upgraded and have become more forward looking and risk based. However, it notes that major credit rating agencies continue to maintain relatively low ratings for many banks in the region, bank share prices have generally underperformed the market, and significant differences persist in the health of the region's banking systems. In addition, bank lending to private business has been weak across much of the region. Restructuring and reform are ongoing processes and will need to continue not only where further rehabilitation from the effects of the 1997/98 crisis is still required, but in other economies as well.
- Language
-
Englisch
- Bibliographic citation
-
Series: ADB Working Paper Series on Regional Economic Integration ; No. 16
- Classification
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
Financial Institutions and Services: Government Policy and Regulation
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- Subject
-
Financial crisis
restructuring and reform
credit rating
Basel core principles
- Event
-
Geistige Schöpfung
- (who)
-
Adams, Charles
- Event
-
Veröffentlichung
- (who)
-
Asian Development Bank (ADB)
- (where)
-
Manila
- (when)
-
2008
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Adams, Charles
- Asian Development Bank (ADB)
Time of origin
- 2008
Other Objects (12)
The Asian liquidity crisis
The Russian Banking Sector: Unsolved Problems Seven Years after the Crisis
Ratings since the Asian crisis
Upturn overshadowed by Asian crisis
The Asian financial crisis: Crisis, reform and recovery
What lessons have been learnt since the East Asian Crisis in 1997/98? CIBS, capital flows and exchange rates
Focus: banking and finance crisis
Stock return on Scandinavian stock markets and the banking industry: Evidence from the years of financial liberalisation and banking crisis
Structural aspects of the East Asian crisis
After the Asian crisis : Schumpeter and reconstruction
Testing for Contagion during the Asian Crisis
Financial market contagion in the Asian crisis
The Asian liquidity crisis
The Russian Banking Sector: Unsolved Problems Seven Years after the Crisis
Ratings since the Asian crisis
Upturn overshadowed by Asian crisis
The Asian financial crisis: Crisis, reform and recovery
What lessons have been learnt since the East Asian Crisis in 1997/98? CIBS, capital flows and exchange rates
Focus: banking and finance crisis
Stock return on Scandinavian stock markets and the banking industry: Evidence from the years of financial liberalisation and banking crisis
Structural aspects of the East Asian crisis
After the Asian crisis : Schumpeter and reconstruction
Testing for Contagion during the Asian Crisis
Financial market contagion in the Asian crisis
The Asian liquidity crisis
The Russian Banking Sector: Unsolved Problems Seven Years after the Crisis
Ratings since the Asian crisis
Upturn overshadowed by Asian crisis
The Asian financial crisis: Crisis, reform and recovery
What lessons have been learnt since the East Asian Crisis in 1997/98? CIBS, capital flows and exchange rates
Focus: banking and finance crisis
Stock return on Scandinavian stock markets and the banking industry: Evidence from the years of financial liberalisation and banking crisis
Structural aspects of the East Asian crisis
After the Asian crisis : Schumpeter and reconstruction
Testing for Contagion during the Asian Crisis