International trade in banking services

Article Abstract:

The export of banking services in the form of branches, subsidiaries and representatives is discussed. Using a particular trade model, it is shown that economies of scale determine the ability of a country to engage in international banking. Thus, banks from more advanced countries can readily put up branches in other countries with lesser economic means. When the host country is quite liberal in terms of capitalization requirements and has a high per capita income, exporting countries could establish subsidiaries. Representatives are the most limited form of banking services export.

International trade

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Asymmetric adjustment of commercial bank interest rates: evidence from Malaysia and Singapore

Article Abstract:

The rigidity of commercial bank interest rates in Singapore and Malaysia was investigated using time-series data for the periods 1983-1994 and 1983-to 1992, respectively. Specifically, the impact of the interbank rate on lending and deposit rates was examined through cointegration and an asymmetric error correction test of the mean adjustment lags when the deposit rate is higher or lower than its equilibrium. The results, which support previous research using US data, show that deposit rates are less rigid when they are higher than the equilibrium level.

Commercial Banking, Commercial banks, Singapore, Interest rates, Malaysia

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The extension of international credit by US banks: a disaggregated analysis, 1988-1994

Article Abstract:

Many US banks have expanded their operations to include countries with developing economies. Their presence in these countries has created macroeconomic effects on the international banking industry. Studies indicate that US exports to another country are positively affected by the extension of foreign credit. Certain ownership-specific incentives exist within international banking activities, which affect foreign credit extension.

Administration of General Economic Programs, Intnl Economic Policy, Foreign Loans-Exports ex Agric, Finance, International economic relations, Export credit

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