Foreign bank entry in South East Asia
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This paper examines the determinants of foreign bank entry in South East Asian countries after significant policy changes following the regional financial crisis in 1997/1998. The results show that manufacturing FDI and bilateral trade exert weak impacts on the decision of entry by foreign banks, providing little evidence for the argument that banks follow their home customers abroad. In contrast, local profit opportunities appear to be the prominent factor attracting foreign bank penetration in South East Asia. The results are robust to different modelling techniques.
| Original language | English |
|---|---|
| Pages (from-to) | 26-35 |
| Journal | International Review of Financial Analysis |
| Volume | 30 |
| Issue number | December |
| Early online date | 25 May 2013 |
| DOIs | |
| Publication status | Published - 1 Dec 2013 |