The Recent Internationalisation of Japanese Banks

Jonathan Batten and Peter Szilagyi

MPRA Paper from University Library of Munich, Germany

Abstract: We investigate the changing role and direction of Japanese bank internationalisation with an emphasis on the period from 1995 to 2008. In recent years Japan has gone from being a net receiver of international bank lending of US$230 billion (1995) to a net lender to international banks of US$235 billion (2008). The analysis of the international positions demonstrates that (a) Japanese banks significantly reduced their international exposures to mitigate the effects of their failed loans in the Asia-Pacific region; (b) European integration has been associated with enhanced claims, while during the same period Japanese claims were reduced; (c) Japanese bank internationalisation appears to be at odds with customer-related motivations, although such a low risk strategy would be consistent with socio-cultural or geographic influences, the effects of asymmetries in information and risk aversion. Finally, we can add to existing facts concerning the differences between domestic and international banking.

Keywords: Bank Financing; Financial Market Development; International Banking; Japan (search for similar items in EconPapers)
JEL-codes: F34 G18 O57 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Japanese Economy 1.38(2011): pp. 81-120

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/48049/1/MPRA_paper_48049.pdf original version (application/pdf)

Related works:
Journal Article: The Recent Internationalization of Japanese Banks (2011)
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:pra:mprapa:48049

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().