Profitability of Foreign and Domestic Banks in Central and Eastern Europe : Does the Mode of Entry Matter?
Author
Abstract
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
Other versions of this item:
- Olena Havrylchyk & Emilia Jurzyk, 2006. "Profitability of foreign and domestic banks in Central and Eastern Europe: does the mode of entry matter?," LICOS Discussion Papers 16606, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
References listed on IDEAS
- Ralph de Haas & Ilko Naaborg, 2005. "Internal Capital Markets in Multinational Banks: Implications for European Transition Countries," DNB Working Papers 051, Netherlands Central Bank, Research Department.
- Demirguc, Asli & Huizinga, Harry, 1999.
"Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence,"
The World Bank Economic Review, World Bank, vol. 13(2), pages 379-408, May.
- Demirguc-Kunt, Asli & Huizinga, Harry, 1998. "Determinants of commercial bank interest margins and profitability : some international evidence," Policy Research Working Paper Series 1900, The World Bank.
- Berger, Allen N, 1995. "The Profit-Structure Relationship in Banking--Tests of Market-Power and Efficient-Structure Hypotheses," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(2), pages 404-431, May.
- Francisco Gonzalez, 2004. "Do equity investments affect banks' profitability? Evidence from OECD countries," Applied Financial Economics, Taylor & Francis Journals, vol. 14(15), pages 1111-1124.
- Allen N. Berger & Timothy H. Hannan, 1998.
"The Efficiency Cost Of Market Power In The Banking Industry: A Test Of The "Quiet Life" And Related Hypotheses,"
The Review of Economics and Statistics, MIT Press, vol. 80(3), pages 454-465, August.
- Allen N. Berger & Timothy H. Hannan, 1994. "The efficiency cost of market power in the banking industry: a test of the \"quiet life\" and related hypotheses," Finance and Economics Discussion Series 94-36, Board of Governors of the Federal Reserve System (U.S.).
- Allen Berger & Timothy Hannan, 1994. "The Efficiency Cost of Market Power in the Banking Industry: A Test of the 'Quiet Life' and Related Hypotheses," Center for Financial Institutions Working Papers 94-29, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Peek, Joe & Rosengren, Eric S, 1997.
"The International Transmission of Financial Shocks: The Case of Japan,"
American Economic Review, American Economic Association, vol. 87(4), pages 495-505, September.
- Joe Peek & Eric S. Rosengren, 1996. "The International Transmission of Financial Shocks: The Case of Japan," Boston College Working Papers in Economics 357, Boston College Department of Economics.
- Joe Peek & Eric Rosengren, 1996. "The international transmission of financial shocks: the case of Japan," Working Papers 96-1, Federal Reserve Bank of Boston.
- Stijn Claessens & Luc Laeven, 2004.
"What drives bank competition? Some international evidence,"
Proceedings, Federal Reserve Bank of Cleveland, pages 563-592.
- Claessens, Stijn & Laeven, Luc, 2004. "What Drives Bank Competition? Some International Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(3), pages 563-583, June.
- Claessens, Stijn & Laeven, Luc, 2003. "What drives bank competition? some international evidence," Policy Research Working Paper Series 3113, The World Bank.
- Claessens, Stijn & Laeven, Luc, 2003. "What Drives Bank Competition? Some International Evidence," CEPR Discussion Papers 4000, C.E.P.R. Discussion Papers.
- Eric S. Rosengren & Joe Peek, 2000. "Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States," American Economic Review, American Economic Association, vol. 90(1), pages 30-45, March.
- Berger, Allen N, et al, 2004. "Bank Concentration and Competition: An Evolution in the Making," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(3), pages 433-451, June.
- Bonin, John P. & Hasan, Iftekhar & Wachtel, Paul, 2005. "Bank performance, efficiency and ownership in transition countries," Journal of Banking & Finance, Elsevier, vol. 29(1), pages 31-53, January.
- Berger, Allen N. & Clarke, George R.G. & Cull, Robert & Klapper, Leora & Udell, Gregory F., 2005.
"Corporate governance and bank performance: A joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership,"
Journal of Banking & Finance, Elsevier, vol. 29(8-9), pages 2179-2221, August.
- Berger, Allen N. & Clarke, George R. G. & Cull, Robert & Klapper, Leora & Udell, Gregory F., 2005. "Corporate governance and bank performance : a joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership," Policy Research Working Paper Series 3632, The World Bank.
- Ashoka Mody & Maria Soledad Martinez Peria, 2004.
"How foreign participation and market concentration impact bank spreads: evidence from Latin America,"
Proceedings, Federal Reserve Bank of Cleveland, pages 511-542.
- Martinez Peria, Maria Soledad & Mody, Ashoka, 2004. "How Foreign Participation and Market Concentration Impact Bank Spreads: Evidence from Latin America," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(3), pages 511-537, June.
- Martinez Peria, Maria Soledad & Mody, Ashoka, 2004. "How foreign participation and market concentration impact bank spreads : evidence from Latin America," Policy Research Working Paper Series 3210, The World Bank.
- Claessens, Stijn & Demirguc-Kunt, Asl[iota] & Huizinga, Harry, 2001.
"How does foreign entry affect domestic banking markets?,"
Journal of Banking & Finance, Elsevier, vol. 25(5), pages 891-911, May.
- Claessens, Stijn & Demirguc-Kunt, Asli & Huizinga, Harry, 1998. "How does foreign entry affect the domestic banking market?," Policy Research Working Paper Series 1918, The World Bank.
- Peek, Joe & Rosengren, Eric S. & Kasirye, Faith, 1999.
"The poor performance of foreign bank subsidiaries: Were the problems acquired or created?,"
Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 579-604, February.
- Faith Kasirye & Joe Peek & Eric Rosengren, 1998. "The poor performance of foreign bank subsidiaries: were the problems acquired or created?," Working Papers 98-3, Federal Reserve Bank of Boston.
- Tang, Helena & Zoli, Edda & Klytchnikova, Irina, 2000. "Banking crises in transition economies : fiscal costs and related issues," Policy Research Working Paper Series 2484, The World Bank.
- de Haas, Ralph & van Lelyveld, Iman, 2006. "Foreign banks and credit stability in Central and Eastern Europe. A panel data analysis," Journal of Banking & Finance, Elsevier, vol. 30(7), pages 1927-1952, July.
- Allen N. Berger & Asli Demirgüč-Kunt & Joseph G. Haubrich & Ross Levine, 2004. "Introduction: Bank concentration and competition: an evolution in the making," Proceedings, Federal Reserve Bank of Cleveland, pages 433-451.
- Williams, Barry, 2003. "Domestic and international determinants of bank profits: Foreign banks in Australia," Journal of Banking & Finance, Elsevier, vol. 27(6), pages 1185-1210, June.
- Gilbert, R Alton, 1984. "Bank Market Structure and Competition: A Survey," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(4), pages 617-644, November.
- Williams, Barry, 1998. "A pooled study of the profits and size of foreign banks in Australia," Journal of Multinational Financial Management, Elsevier, vol. 8(2-3), pages 211-231, September.
- Majnoni, Giovanni & Shankar, Rashmi & Varhegyi, Eva, 2003. "The dynamics of foreign bank ownership - evidence from Hungary," Policy Research Working Paper Series 3114, The World Bank.
- Kyriaki Kosmidou & Fotios Pasiouras & Jordan Floropoulos, 2004. "Linking profits to asset-liability management of domestic and foreign banks in the UK," Applied Financial Economics, Taylor & Francis Journals, vol. 14(18), pages 1319-1324.
- Serge Jeanneau & Marian Micu, 2002. "Determinants of international bank lending to emerging market countries," BIS Working Papers 112, Bank for International Settlements.
- Atif Mian, 2006. "Distance Constraints: The Limits of Foreign Lending in Poor Economies," Journal of Finance, American Finance Association, vol. 61(3), pages 1465-1505, June.
- Thorsten Beck & Asli Demirguc-Kunt & Ross Levine, 2003.
"Bank Concentration and Crises,"
NBER Working Papers
9921, National Bureau of Economic Research, Inc.
- Beck, Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 2003. "Bank concentration and crises," Policy Research Working Paper Series 3041, The World Bank.
- Williams, Barry, 1998. "Factors affecting the performance of foreign-owned banks in Australia: A cross-sectional study," Journal of Banking & Finance, Elsevier, vol. 22(2), pages 197-219, February.
- DeYoung, Robert & Nolle, Daniel E, 1996. "Foreign-Owned Banks in the United States: Earning Market Share or Buying It?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 28(4), pages 622-636, November.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Havrylchyk, Olena & Jurzyk, Emilia, 2006. "Profitability of foreign banks in Central and Eastern Europe: does the entry model matter?," BOFIT Discussion Papers 5/2006, Bank of Finland Institute for Emerging Economies (BOFIT).
- Havrylchyk, Olena & Jurzyk, Emilia, 2006. "Profitability of foreign banks in Central and Eastern Europe : does the entry model matter?," BOFIT Discussion Papers 5/2006, Bank of Finland, Institute for Economies in Transition.
- repec:zbw:bofitp:2006_005 is not listed on IDEAS
- Havrylchyk, Olena & Jurzyk, Emilia, 2011.
"Inherited or earned? Performance of foreign banks in Central and Eastern Europe,"
Journal of Banking & Finance, Elsevier, vol. 35(5), pages 1291-1302, May.
- Olena Havrylchyk & Emilia Jurzyk, 2008. "Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe," Working Papers 2008-16, CEPII research center.
- Olena Havrylchyk & Emilia Jurzyk, 2011. "Inherited or earned? Performance of foreign banks in Central and Eastern Europe," Post-Print hal-03201982, HAL.
- Olena Havrylchyk & Emilia Jurzyk, 2011. "Inherited or earned? Performance of foreign banks in Central and Eastern Europe," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03201982, HAL.
- Ms. Emilia M Jurzyk & Olena Havrylchyk, 2010. "Inherited or Earned? Performance of Foreign Banks in Central and Eastern Europe," IMF Working Papers 2010/004, International Monetary Fund.
- Stijn Claessens, 2006.
"Competitive Implications of Cross-Border Banking,"
World Scientific Book Chapters, in: Gerard Caprio Jr & Douglas D Evanoff & George G Kaufman (ed.), Cross-Border Banking Regulatory Challenges, chapter 11, pages 151-181,
World Scientific Publishing Co. Pte. Ltd..
- Claessens, Stijn, 2006. "Competitive implications of cross-border banking," Policy Research Working Paper Series 3854, The World Bank.
- Claessens, Stijn & van Horen, Neeltje, 2012.
"Being a foreigner among domestic banks: Asset or liability?,"
Journal of Banking & Finance, Elsevier, vol. 36(5), pages 1276-1290.
- Neeltje van Horen & Mr. Stijn Claessens, 2009. "Being a Foreigner Among Domestic Banks: Asset or Liability?," IMF Working Papers 2009/273, International Monetary Fund.
- Claessens, Stijn & van Horen, Neeltje, 2009. "Being a foreigner among domestic banks: Asset or liability?," MPRA Paper 13467, University Library of Munich, Germany.
- Chen, Sheng-Hung & Liao, Chien-Chang, 2011. "Are foreign banks more profitable than domestic banks? Home- and host-country effects of banking market structure, governance, and supervision," Journal of Banking & Finance, Elsevier, vol. 35(4), pages 819-839, April.
- Claessens, Stijn & van Horen, Neeltje, 2012.
"Being a foreigner among domestic banks: Asset or liability?,"
Journal of Banking & Finance, Elsevier, vol. 36(5), pages 1276-1290.
- Mr. Stijn Claessens & Neeltje van Horen, 2009. "Being a Foreigner Among Domestic Banks: Asset or Liability?," IMF Working Papers 2009/273, International Monetary Fund.
- Stijn Claessens & Neeltje van Horen, 2009. "Being a Foreigner among Domestic Banks: Asset or Liability?," DNB Working Papers 224, Netherlands Central Bank, Research Department.
- Claessens, Stijn & van Horen, Neeltje, 2009. "Being a foreigner among domestic banks: Asset or liability?," MPRA Paper 13467, University Library of Munich, Germany.
- Stijn Claessens, 2017.
"Global Banking: Recent Developments and Insights from Research,"
Review of Finance, European Finance Association, vol. 21(4), pages 1513-1555.
- Claessens, Stijn, 2017. "Global Banking: Recent Developments and Insights from Research," CEPR Discussion Papers 11823, C.E.P.R. Discussion Papers.
- Nguyen, My & Perera, Shrimal & Skully, Michael, 2016. "Bank market power, ownership, regional presence and revenue diversification: Evidence from Africa," Emerging Markets Review, Elsevier, vol. 27(C), pages 36-62.
- de Haas, Ralph & van Lelyveld, Iman, 2006. "Foreign banks and credit stability in Central and Eastern Europe. A panel data analysis," Journal of Banking & Finance, Elsevier, vol. 30(7), pages 1927-1952, July.
- Manthos D. Delis & Sotirios Kokas & Steven Ongena, 2016.
"Foreign Ownership and Market Power in Banking: Evidence from a World Sample,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(2-3), pages 449-483, March.
- Manthos D. Delis & Sotirios Kokas & Steven Ongena, 2014. "Foreign ownership and market power in banking: Evidence from a world sample," University of Cyprus Working Papers in Economics 03-2014, University of Cyprus Department of Economics.
- Delis, Manthos D & Kokas, Sotiris, 2014. "Foreign ownership and market power in banking: Evidence from a world sample," MPRA Paper 53957, University Library of Munich, Germany.
- Kosmidou, Kyriaki & Pasiouras, Fotios & Tsaklanganos, Angelos, 2007. "Domestic and multinational determinants of foreign bank profits: The case of Greek banks operating abroad," Journal of Multinational Financial Management, Elsevier, vol. 17(1), pages 1-15, February.
- Florian Leon, 2015.
"What do we know about the role of bank competition in Africa?,"
CERDI Working papers
halshs-01164864, HAL.
- Florian LEON, 2015. "What do we know about the role of bank competition in Africa?," Working Papers 201516, CERDI.
- Florian Leon, 2015. "What do we know about the role of bank competition in Africa?," Working Papers halshs-01164864, HAL.
- Williams, Barry, 2003. "Domestic and international determinants of bank profits: Foreign banks in Australia," Journal of Banking & Finance, Elsevier, vol. 27(6), pages 1185-1210, June.
- Haselmann, Rainer, 2006. "Strategies of foreign banks in transition economies," Emerging Markets Review, Elsevier, vol. 7(4), pages 283-299, December.
- Kosmidou, K. & Pasiouras, F. & Zopounidis, C. & Doumpos, M., 2006. "A multivariate analysis of the financial characteristics of foreign and domestic banks in the UK," Omega, Elsevier, vol. 34(2), pages 189-195, April.
- Claeys, Sophie & Vander Vennet, Rudi, 2008. "Determinants of bank interest margins in Central and Eastern Europe: A comparison with the West," Economic Systems, Elsevier, vol. 32(2), pages 197-216, June.
- Catarina Figueira & Joseph Nellis & David Parker, 2009. "The effects of ownership on bank efficiency in Latin America," Applied Economics, Taylor & Francis Journals, vol. 41(18), pages 2353-2368.
- Demirguc-Kunt, Asli & Laeven, Luc & Levine, Ross, 2004.
"Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(3), pages 593-622, June.
- Asli Demirgüč-Kunt & Luc Laeven & Ross Levine, 2004. "Regulations, market structure, institutions, and the cost of financial intermediation," Proceedings, Federal Reserve Bank of Cleveland, pages 593-626.
- Asli Demirguc-Kunt & Luc Laeven & Ross Levine, 2003. "Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation," NBER Working Papers 9890, National Bureau of Economic Research, Inc.
- Panayiotis P. Athanasoglou & Matthaios D. Delis & Christos K. Staikouras, 2006.
"Determinants of Bank Profitability in the South Eastern European Region,"
Working Papers
47, Bank of Greece.
- Athanasoglou, Panayiotis & Delis, Manthos & Staikouras, Christos, 2006. "Determinants Of Bank Profitability In The South Eastern European Region," MPRA Paper 10274, University Library of Munich, Germany.
More about this item
Keywords
Banking system; Competition; FDI; Financial markets;All these keywords.
JEL classification:
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EEC-2006-02-19 (European Economics)
- NEP-FIN-2006-02-19 (Finance)
- NEP-FMK-2006-02-19 (Financial Markets)
- NEP-TRA-2006-02-19 (Transition Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cii:cepidt:2005-21. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cepiifr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.