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Foreign Bank Acquisitions and Outreach : Evidence From Mexico / Beck, Thorsten
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Beck, Thorsten
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Bank Acquisitions.
- Banking Sector.
- Banking Sector Development.
- Banking Services.
- Banking Stability.
- Banks.
- Banks and Banking Reform.
- Corporate Law.
- Debt Markets.
- Finance and Financial Sector Development.
- Financial Crises.
- Financial Services.
- Foreign Banks.
- Law and Development.
- Municipalities.
- Local Subjects:
- Access to Finance.
- Bank Acquisitions.
- Banking Sector.
- Banking Sector Development.
- Banking Services.
- Banking Stability.
- Banks.
- Banks and Banking Reform.
- Corporate Law.
- Debt Markets.
- Finance and Financial Sector Development.
- Financial Crises.
- Financial Services.
- Foreign Banks.
- Law and Development.
- Municipalities.
- Physical Description:
- 1 online resource (43 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2008
- System Details:
- data file
- Summary:
- Between 1995 and 2005, foreign bank participation in Mexico rose from 2 percent of bank assets to 83 percent, as the top five largest banks were acquired by foreigners. This paper examines the link between foreign bank acquisitions and banking outreach. Using quarterly country, bank, and bank-municipality-level data, the authors find some contrasting patterns. As foreign bank participation rose due to foreign acquisitions, the number of municipalities with bank presence increased but the number of loan and deposit accounts fell for the country as a whole and for banks after they became foreign. The drop in the number of loans, however, was partially off-set by an increase in domestic bank loans. Further, the decline in loan and deposit accounts was more pronounced in more rural and poorer areas. Finally, only very rich and urban areas experienced an increase in branches after foreign acquisition.
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