|
|
|
|
| LEADER |
02640nmm a2200565 u 4500 |
| 001 |
EB001844916 |
| 003 |
EBX01000000000000001008905 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
180827 ||| eng |
| 020 |
|
|
|a 9781484352755
|
| 100 |
1 |
|
|a Di Vittorio, Fabio
|
| 245 |
0 |
0 |
|a On Bank Consolidation in a Currency Union
|c Fabio Di Vittorio, Delong Li, Hanlei Yun
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2018
|
| 300 |
|
|
|a 26 pages
|
| 651 |
|
4 |
|a United States
|
| 653 |
|
|
|a Depository Institutions
|
| 653 |
|
|
|a Banks and banking, Foreign
|
| 653 |
|
|
|a Commercial banks
|
| 653 |
|
|
|a Banks
|
| 653 |
|
|
|a Finance
|
| 653 |
|
|
|a Industries: Financial Services
|
| 653 |
|
|
|a Banks and banking
|
| 653 |
|
|
|a Financial sector policy and analysis
|
| 653 |
|
|
|a Financial institutions
|
| 653 |
|
|
|a Value of Firms
|
| 653 |
|
|
|a General Financial Markets: Government Policy and Regulation
|
| 653 |
|
|
|a Micro Finance Institutions
|
| 653 |
|
|
|a Financial Institutions and Services: Government Policy and Regulation
|
| 653 |
|
|
|a Mortgages
|
| 653 |
|
|
|a Nonperforming loans
|
| 653 |
|
|
|a Loans
|
| 653 |
|
|
|a Capital and Ownership Structure
|
| 653 |
|
|
|a Goodwill
|
| 653 |
|
|
|a Bank soundness
|
| 653 |
|
|
|a Banks and Banking
|
| 653 |
|
|
|a Banking
|
| 653 |
|
|
|a Financial Risk and Risk Management
|
| 653 |
|
|
|a Financing Policy
|
| 653 |
|
|
|a Foreign banks
|
| 653 |
|
|
|a Finance: General
|
| 700 |
1 |
|
|a Li, Delong
|
| 700 |
1 |
|
|a Yun, Hanlei
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b IMF
|a International Monetary Fund
|
| 490 |
0 |
|
|a IMF Working Papers
|
| 028 |
5 |
0 |
|a 10.5089/9781484352755.001
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2018/092/001.2018.issue-092-en.xml?cid=45753-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a The paper focuses on the impact of diversification on bank performance and how consolidation through mergers and acquisitions (M&A) affects the banking sector’s stability in the Eastern Caribbean Currency Union (ECCU). The paper finds that a lower level of loan portfolio diversification explains higher non-performing loans and earnings volatility of indigenous banks, as compared to foreign competitors in the ECCU. We then simulate bank mergers both within and across ECCU countries by combining individual banks’ balance sheets. The simulation shows that a typical indigenous bank could better diversify against its idiosyncratic risk by merging with other banks across the border. In addition, we point out that M&A, leading to a more asymmetric banking sector, may increase systemic risk
|