TY  - BOOK
ED  - International Monetary Fund.
TI  - Bank Consolidation and Performance: The Argentine Experience
T2  - IMF Working Papers; Working Paper
SN  - 145185692X :
SN  - 1018-5941
PY  - 2004///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Bank Consolidation
KW  - imf
KW  - Bank Performance
KW  - Banking Industry in Emerging Markets
KW  - Banking System
KW  - Banking
KW  - Financial Institutions and Services
KW  - Argentina
N2  - 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
UR  - http://elibrary.imf.org/view/IMF001/00614-9781451856927/00614-9781451856927/00614-9781451856927.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451856927
ER  -