Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications

Feyen, Erik ; Fiess, Norbert ; Bertay, Ata Can ; Zuccardi Huertas, Igor

World Bank, Washington, DC

关键词: WEST AFRICAN ECONOMIC AND MONETARY UNION;    EMERGING MARKET ECONOMIES;    INTERNATIONAL BANKING;    CROSS-BORDER BANKING;    HOME-HOST JURISDICTIONS;   

DOI  :  10.1596/1813-9450-9393
RP-ID  :  WPS9393

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Cross-border banking in emerging marketsand developing economies has expanded across most World Bankregions and has become large relative to some home and hosteconomies. This paper analyzes recent trends of bankactivities of financial groups headquartered in 46 emergingmarkets and developing economies, as well as the ownershipstructure of 51 prominent financial groups from emergingmarkets and developing economies. The data suggest thatcross-border groups in most regions have grown in size,geographical reach, range of activities, and groupcomplexity. The increasing relevance and complexity ofcross-border banking pose challenges for policy makers inhome and host jurisdictions as well as for the groupsthemselves to maximize the benefits of internationalfinancial integration while mitigating the risks. Thisbalance calls for stronger consolidated supervision, moreregional coordination and harmonization, and bettergroup-wide corporate governance and controls. However, keychallenges include institutional capacity constraints andpolitical factors.