What drives local lending by global banks?
Uluc Aysun (),
Stefan Avdjiev () and
Ralf Hepp ()
No 2017-02, Working Papers from University of Central Florida, Department of Economics
We find that the lending behavior of large global banks’ subsidiaries throughout the world is more closely related to local macroeconomic conditions and their financial structure than to their owner-specific counterparts. This inference is drawn from a panel dataset populated with bank-level observations from the Bankscope database. Using this database, we identify ownership structures and incorporate them into a unique methodology that identifies and compares the owner and subsidiary-specific determinants of lending. A distinctive feature of our analysis is that we use multi- dimensional country-level data from the BIS international banking statistics to account for exchange rate fluctuations and cross-border lending
Keywords: Bankscope; G-SIB; bank-level data; global banks; BIS international banking statistics (search for similar items in EconPapers)
JEL-codes: E44 F32 G15 G21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban, nep-ifn and nep-mac
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Journal Article: What drives local lending by global banks? (2019)
Working Paper: What drives local lending by global banks? (2018)
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