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Globalization of Turkey’s Banking Sector: the Determinants of Foreign Bank Penetration in Turkey

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Author Info
Aysan, Ahmet Faruk
Ceyhan, Şanlı Pınar

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Abstract

Motivated by the increased importance of foreign bank entry, this paper takes a look at the issue from the perspective of both foreign entrants and the host country. What are the conditions that make the host country market attractive to foreign entrants? What changes in the home country motivate foreign banks to expand abroad? Attracted by the “pull” and “push” factors, foreign banks enter into the banking sector of the host country resulting in both benefits and costs to the domestic sector. Having given the reasons and the effects of foreign entry in a theoretical framework, this study attempts to find out any match of the theory with the evidence.

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File URL: http://mpra.ub.uni-muenchen.de/5489/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5489.

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Date of creation: 2006
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Handle: RePEc:pra:mprapa:5489

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Related research
Keywords: Foreign Bank Entry Internationalization of Banking

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Find related papers by JEL classification:
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

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  1. Clarke, George R. G. & Cull, Robert & Martinez Peria, Maria Soledad & Sanchez, Susana M., 2002. "Bank lending to small businesses in Latin America : does Bank origin matter?," Policy Research Working Paper Series 2760, The World Bank. [Downloadable!]
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  2. Magri, Silvia & Mori, Alessandra & Rossi, Paola, 2005. "The entry and the activity level of foreign banks in Italy: An analysis of the determinants," Journal of Banking & Finance, Elsevier, vol. 29(5), pages 1295-1310, May. [Downloadable!] (restricted)
  3. Du, Julan, 2003. "Why do multinational enterprises borrow from local banks?," Economics Letters, Elsevier, vol. 78(2), pages 287-291, February. [Downloadable!] (restricted)
  4. Aysan, Ahmet Faruk & Al, Huseyin, 2006. "Assessing the Preconditions in Establishing an Independent Regulatory and Supervisory Agency in Globalized Financial Markets: The Case of Turkey," MPRA Paper 5481, University Library of Munich, Germany. [Downloadable!]
  5. Mauro F. Guillén & Adrian E. Tschoegl, 1999. "At Last the Internationalization of Retail Banking? The Case of the Spanish Banks in Latin America," Center for Financial Institutions Working Papers 99-41, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
  6. Lensink, Robert & Hermes, Niels, 2004. "The short-term effects of foreign bank entry on domestic bank behaviour: Does economic development matter?," Journal of Banking & Finance, Elsevier, vol. 28(3), pages 553-568, March. [Downloadable!] (restricted)
  7. Jeon, Yongil & Miller, Stephen M. & Natke, Paul A., 2006. "Do foreign bank operations provide a stabilizing influence in Korea?," The Quarterly Review of Economics and Finance, Elsevier, vol. 46(1), pages 82-109, February. [Downloadable!] (restricted)
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  8. Adrian E. Tschoegl, 2004. "Financial Crises and the Presence of Foreign Banks," International Finance 0405016, EconWPA. [Downloadable!]
  9. Levine, Ross, 2001. "International Financial Liberalization and Economic Growth," Review of International Economics, Blackwell Publishing, vol. 9(4), pages 688-702, November. [Downloadable!] (restricted)
  10. Claudia M. Buch, 1999. "Why Do Banks Go Abroad? — Evidence from German Data," Kiel Working Papers 948, Kiel Institute for the World Economy. [Downloadable!]
  11. Jennifer S. Crystal & B. Gerard Dages & Linda S. Goldberg, 2002. "Has foreign bank entry led to sounder banks in Latin America?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, issue Jan. [Downloadable!]
  12. Joe Peek & Eric S. Rosengren, 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. [Downloadable!] (restricted)
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