Choose an application

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

Does an increase in lending by multinational development banks affect the private lending activity in developing countries? This paper shows that this is indeed the case using data on loans and investments by the EIB in combination with data on syndicated loans. We find that a pronounced increase in EIB operations is followed by a surge in the number and volumes of syndicate loans in countries outside the European Union. Our results suggest that multinational banks can incentivise private sector lending by playing an important role in signalling to private markets that borrowers in emerging and developing countries are safe.

Syndicated loans. --- Government lending.

Choose an application

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

This paper documents how economies in the East Asia and Pacific (EAP) region have integrated financially with the rest of the world since the 1990s. First, the region is increasingly more connected with itself and with other economies. Although economies in the North capture the bulk of the region's investments, EAP's connectivity with the South has grown relatively faster. Second, the largest economies in the region (China, Japan, the Republic of Korea, and Singapore) account for most of EAP's cross-border investments. Third, compared with the other South regions, EAP displays a higher level of intraregional and outward investments, reflecting the region's role as a net capital exporter. The differences with South regions are persistent over time. Although EAP lags behind as a destination of foreign investments, inflows to developing EAP economies are comparable to those to other South regions. Fourth, EAP's financial integration is related to its international trade patterns.

Cross-Border Capital Flows --- Foreign Direct Investment --- International Financial Integration --- Portfolio Investments --- Syndicated Loans --- Trade Flows

Choose an application

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

Syndicated loans --- Bank loans --- Banks and banking --- Prêts syndiqués --- Prêts bancaires --- Banques --- Law and legislation --- Risk management --- Droit --- Gestion du risque

Choose an application

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

This paper investigates how international regulatory and institutional differences affect lending in the cross-border syndicated loan market. Lending provided through a foreign subsidiary is subject to subsidiary-country regulation and institutional arrangements. Multinational banks' choices between loan origination through the parent bank or through a foreign subsidiary provide information about these banks' preferences to operate in countries with varying regulations and institutions. The results indicate that international banks have a tendency to switch loan origination toward countries with less stringent bank regulation and supervision consistent with regulatory arbitrage, but that they prefer to originate loans in countries with higher-quality institutions related to financial market monitoring, creditor rights, and the speed of contract enforcement.

Creditor Rights --- Finance and Financial Sector Development --- Financial Regulation and Supervision --- Governance --- International Financial Markets --- International Lending --- Multinational and Corporate Governance --- Multinational Bank --- Regulation --- Syndicated Loans

Choose an application

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

Syndicated Lending aims to increase the readers awareness of the benefits and risks involved in taking part in the Syndicated Loan market.This book covers:*Who the major players in the syndication loan market are*Why syndication loans are used*Syndication loan structures and documentation*Secondary syndication loan market*Inspired from the basic entry level training courses that have been developed by major international banks worldwide.*Will enable MSc Finance students, MBA students and those already in the finance profession to gain an understanding

AA / International- internationaal --- 333.712.0 --- Industrieel en handelskrediet: algemeenheden. --- Syndicated loans. --- Syndicates (Finance) --- Consortium (Finance) --- Pools (Finance) --- Underwriting syndicates --- Investment banking --- Participating loans --- Loans --- Industrieel en handelskrediet: algemeenheden