The influence of bank ownership on credit supply: Evidence from the recent financial crisis

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F13%3A10196501" target="_blank" >RIV/00216208:11230/13:10196501 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.ememar.2013.02.002" target="_blank" >http://dx.doi.org/10.1016/j.ememar.2013.02.002</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.ememar.2013.02.002" target="_blank" >10.1016/j.ememar.2013.02.002</a>

Result language
angličtina
Original language name
The influence of bank ownership on credit supply: Evidence from the recent financial crisis
Original language description
This study examines how bank ownership influenced the credit supply during the recent financial crisis in Russia, where the banking sector consists of a mix of state-controlled banks, foreign-owned banks, and domestic private banks. To estimate credit supply changes, we apply an original approach based on stochastic frontier analysis. We use quarterly data for Russian banks covering the period from the beginning of 2007 to the end of 2009. Our findings suggest that bank ownership affected credit supplyduring the financial crisis and that the crisis led to an overall decrease in the credit supply. Relative to domestic private banks foreign-owned banks reduced their credit supply more and state-controlled banks less. This supports the hypothesis that foreign banks have a "lack of loyalty" to domestic actors during a crisis, as well as the view that an objective function of state-controlled banks leads them to support the economy during economic downturns. (C) 2013 Elsevier B.V. All righ
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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