The Effect of Global Financial Crisis on the Change in Differences Between State Banks and Private Banks’ Liquidity Behavior: The Case of Turkish Deposit Banking

Onur Özdemir and Fatih Kayhan
Additional contact information
Onur Özdemir: İstanbul Gelişim University
Fatih Kayhan: Metlife

Journal of Finance Letters (Maliye ve Finans Yazıları), 2019, vol. 34, issue 111, 403-434

Abstract: The aim of this paper is to analyze whether the 2008 global financial crisis significantly changed the differences between public and private deposit banks’ liquidity behavior in Turkey. The sample of this study covers public and private deposit banks which are operational in Turkey from 2005 to 2015 on the basis of quarterly released bank data. Empirical findings indicate that, contrary to the privately owned rivals, state-run deposit banks lowered their liquid assets in their balance sheets more than their private rivals and in return, they lent more for the purpose of eliminating the negative influences of crisis in Turkey.

Keywords: Financial Assets; Public and Private Banking; Global Financial Crisis; DiD Analysis; Standard Error Correction Method (search for similar items in EconPapers)
JEL-codes: E5 G21 H81 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/709575 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:34:y:2019:i:111:p:403-434

DOI: 10.33203/mfy.494491

Access Statistics for this article

Journal of Finance Letters (Maliye ve Finans Yazıları) is currently edited by Süleyman Kale

More articles in Journal of Finance Letters (Maliye ve Finans Yazıları) from Maliye ve Finans Yazıları Yayıncılık Ltd. Şti.
Bibliographic data for series maintained by Süleyman Kale ().