How foreign participation and market concentration impact bank spreads: evidence from Latin America
Material type:
- 332.1098
Item type | Current library | Item location | Shelving location | Call number | Status | Date due | Barcode | |
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Books | Vikram Sarabhai Library | Rack 18-A / Slot 662 (0 Floor, West Wing) | General Stacks | 332.1098 P3H6 (Browse shelf(Opens below)) | Available | 156329 |
Increasing foreign participation and high concentration levels characterize the recent evolution of banking sectors’ market structures in developing countries. We analyze the impact of these factors on Latin American bank spreads during the late 1990s. Our results suggest that foreign banks were able to charge lower spreads relative to domestic banks. This was more so for de novo foreign banks than for those that entered through acquisitions. The overall level of foreign bank participation seemed to influence spreads indirectly, primarily through its effect on administrative costs. Bank concentration was positively and directly related to both higher spreads and costs.
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