Does foreign ownership contribute to sounder banks in emerging markets ? The Latin American experience

@inproceedings{Crystal2001DoesFO,
  title={Does foreign ownership contribute to sounder banks in emerging markets ? The Latin American experience},
  author={Jennifer S. Crystal and B. Gerard Dages and L S Goldberg},
  year={2001}
}
  • Jennifer S. Crystal, B. Gerard Dages, L S Goldberg
  • Published 2001
Foreign bank entrants into emerging markets are usually thought to improve the condition and performance of acquired institutions, and more generally to enhance local financial stability. We use bank-specific data for a range of Latin American countries since the mid1990s to address elements of this claim. Across the seven largest countries, we find that the financial strength ratings of local banks acquired by foreign entities generally show a slight improvement relative to their domestic… CONTINUE READING
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