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

Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has become large relative to some home and host economies. This paper analyzes recent trends of bank activities of financial groups he...

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Main Authors:	Feyen, Erik, Fiess, Norbert, Bertay, Ata Can, Zuccardi Huertas, Igor
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	WEST AFRICAN ECONOMIC AND MONETARY UNION EMERGING MARKET ECONOMIES INTERNATIONAL BANKING CROSS-BORDER BANKING HOME-HOST JURISDICTIONS FINANCIAL REGULATION REGIONAL HARMONIZATION CONSOLIDATED SUPERVISION REGIONAL COOPERATION
Online Access:	http://documents.worldbank.org/curated/en/146531599676174128/Cross-Border-Banking-in-EMDEs-Trends-Scale-and-Policy-Implications http://hdl.handle.net/10986/34479

id	okr-10986-34479
recordtype	oai_dc
spelling	okr-10986-344792022-09-20T00:11:15Z Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications Feyen, Erik Fiess, Norbert Bertay, Ata Can Zuccardi Huertas, Igor WEST AFRICAN ECONOMIC AND MONETARY UNION EMERGING MARKET ECONOMIES INTERNATIONAL BANKING CROSS-BORDER BANKING HOME-HOST JURISDICTIONS FINANCIAL REGULATION REGIONAL HARMONIZATION CONSOLIDATED SUPERVISION REGIONAL COOPERATION Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has become large relative to some home and host economies. This paper analyzes recent trends of bank activities of financial groups headquartered in 46 emerging markets and developing economies, as well as the ownership structure of 51 prominent financial groups from emerging markets and developing economies. The data suggest that cross-border groups in most regions have grown in size, geographical reach, range of activities, and group complexity. The increasing relevance and complexity of cross-border banking pose challenges for policy makers in home and host jurisdictions as well as for the groups themselves to maximize the benefits of international financial integration while mitigating the risks. This balance calls for stronger consolidated supervision, more regional coordination and harmonization, and better group-wide corporate governance and controls. However, key challenges include institutional capacity constraints and political factors. 2020-09-17T21:09:42Z 2020-09-17T21:09:42Z 2020-09 Working Paper http://documents.worldbank.org/curated/en/146531599676174128/Cross-Border-Banking-in-EMDEs-Trends-Scale-and-Policy-Implications http://hdl.handle.net/10986/34479 English Policy Research Working Paper;No. 9393 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	WEST AFRICAN ECONOMIC AND MONETARY UNION EMERGING MARKET ECONOMIES INTERNATIONAL BANKING CROSS-BORDER BANKING HOME-HOST JURISDICTIONS FINANCIAL REGULATION REGIONAL HARMONIZATION CONSOLIDATED SUPERVISION REGIONAL COOPERATION
spellingShingle	WEST AFRICAN ECONOMIC AND MONETARY UNION EMERGING MARKET ECONOMIES INTERNATIONAL BANKING CROSS-BORDER BANKING HOME-HOST JURISDICTIONS FINANCIAL REGULATION REGIONAL HARMONIZATION CONSOLIDATED SUPERVISION REGIONAL COOPERATION Feyen, Erik Fiess, Norbert Bertay, Ata Can Zuccardi Huertas, Igor Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
relation	Policy Research Working Paper;No. 9393
description	Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has become large relative to some home and host economies. This paper analyzes recent trends of bank activities of financial groups headquartered in 46 emerging markets and developing economies, as well as the ownership structure of 51 prominent financial groups from emerging markets and developing economies. The data suggest that cross-border groups in most regions have grown in size, geographical reach, range of activities, and group complexity. The increasing relevance and complexity of cross-border banking pose challenges for policy makers in home and host jurisdictions as well as for the groups themselves to maximize the benefits of international financial integration while mitigating the risks. This balance calls for stronger consolidated supervision, more regional coordination and harmonization, and better group-wide corporate governance and controls. However, key challenges include institutional capacity constraints and political factors.
format	Working Paper
author	Feyen, Erik Fiess, Norbert Bertay, Ata Can Zuccardi Huertas, Igor
author_facet	Feyen, Erik Fiess, Norbert Bertay, Ata Can Zuccardi Huertas, Igor
author_sort	Feyen, Erik
title	Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
title_short	Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
title_full	Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
title_fullStr	Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
title_full_unstemmed	Cross-Border Banking in EMDEs : Trends, Scale, and Policy Implications
title_sort	cross-border banking in emdes : trends, scale, and policy implications
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/146531599676174128/Cross-Border-Banking-in-EMDEs-Trends-Scale-and-Policy-Implications http://hdl.handle.net/10986/34479
_version_	1764480986009042944

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

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