Does Foreign Bank Penetration Reduce Access to Credit in Developing Countries? Evidence from Asking Borrowers

Clarke, George R.G. ; Cull, Robert ; Martinez Peria, Maria Soledad

World Bank, Washington, DC

关键词: ACCOUNTING;    ADVERSE EFFECTS;    BALANCE SHEET;    BALANCE SHEETS;    BANK ASSETS;   

DOI  :  10.1596/1813-9450-2716
RP-ID  :  WPS2716

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Existing evidence on the effect offoreign bank penetration on lending to small and medium-sizeenterprises is ambiguous. Case studies of developingcountries show that foreign banks lend less to such firmsthan domestic banks do. But cross-country studies find thatforeign bank entry fosters competition and reduces interestrates, benefits that should extend to all firms. The authorsuse data from a large cross-country survey of enterprises toinvestigate this issue. Their results suggest that foreignbank penetration improves financing conditions (both thequantities of financing and the terms) for enterprises ofall sizes, although it seems to benefit larger firms more.