Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Although cross-border bank lending has fallen sharply since the crisis, extending our bank ownership database from 1995-2009 up to 2013 shows only limited retrenchment in foreign bank presence. While banks from OECD countries reduced their foreign presence (but still represent 89% of foreign bank assets), those from emerging markets and developing countries expanded abroad and doubled their presence. Especially advanced countries hit by a systemic crisis reduced their presence abroad, with far flung and relatively small investments more likely to be sold. Poorer and slower growing countries host fewer banks today, while large investments less likely expanded. Conversely, faster host countries’ growth and closeness to potential investors meant more entry. Lending by foreign banks locally grew more than cross-border bank claims did for the same home-host country combination, and each was driven by different factors. Altogether, our evidence shows that global banking is not becoming more fragmented, but rather is going through some important structural transformations with a greater variety of players and a more regional focus.

Bank loans. --- Banks and banking -- Foreign ownership. --- Economic development. --- International finance. --- International Monetary Fund. --- Finance --- Business & Economics --- Banking --- Banks and banking. --- Globalization --- Global Financial Crisis, 2008-2009. --- Economic aspects. --- International monetary system --- International money --- Bank credit --- Agricultural banks --- Banking industry --- Commercial banks --- Depository institutions --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- International economic relations --- Loans --- Financial institutions --- Money --- Financial crises --- Banks and banking --- Bank loans --- International finance --- Global Financial Crisis, 2008-2009 --- Foreign ownership --- Economic aspects --- Global Financial Crisis (2008-2009) --- E-books --- Banks and Banking --- Finance: General --- Money and Monetary Policy --- International Investment --- Long-term Capital Movements --- Multinational Firms --- International Business --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- General Financial Markets: General (includes Measurement and Data) --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- International Lending and Debt Problems --- Monetary economics --- Foreign banks --- Emerging and frontier financial markets --- Financial markets --- Cross-border banking --- Financial services --- Banks and banking, Foreign --- Financial services industry --- Credit --- United States