| Description |
1 online resource (32 pages) |
| Series |
IMF working paper ; WP/04/149 |
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IMF working paper ; WP/04/149.
|
| Contents |
Contents -- I. INTRODUCTION -- II. CONSOLIDATION IN THE ARGENTINE BANKING SYSTEM -- III. METHODOLOGY -- IV. DATA -- V. RESULTS -- VI. CONCLUSIONS -- REFERENCES |
| Summary |
We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and insolvency risk is reduced. Additionally, the study suggests that mergers and privatizations have a beneficial effect on bank returns. The effects of a bank acquisition on return on equity is, however, negative. Acquisitions do not seem to have any effect on risk-adjusted returns. The study also finds that a bank's insolvency risk is reduced significantly through mergers and privatization and is unrelated to bank acquisitions |
| Bibliography |
Includes bibliographical references |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Bank mergers -- Argentina
|
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Banks and banking.
|
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Banks and banking -- Argentina
|
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Bank mergers
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Banks and banking
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Argentina
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| Form |
Electronic book
|
| Author |
Druck, Pablo, author.
|
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Marston, David, author.
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Susmel, Raul, 1962- author.
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International Monetary Fund. Monetary and Financial Systems Department, issuing body.
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| ISBN |
1282035312 |
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9781282035317 |
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9781451856927 |
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145185692X |
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9781451902020 |
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1451902026 |
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