000 02333nam a22003854a 4500
001 WPIEA1492004
003 IMF
005 20190405163324.0
006 m o d
007 cr cn|||||||||
008 020129s2004 dcu o i00 0 eng d
020 _a145185692X :
_c15.00 USD
020 _z9781451856927
022 _a1018-5941
024 7 _a10.5089/9781451856927.001
_2doi
035 _a(IMF)WPIEA1492004
040 _aDcWaIMF
_beng
110 2 _aInternational Monetary Fund.
245 1 0 _aBank Consolidation and Performance
_h[electronic resource] :
_bThe Argentine Experience.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2004.
300 _a1 online resource (32 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 04/149
520 3 _aWe 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.
588 _aDescription based on print version record.
650 7 _aBank Consolidation
_2imf
650 7 _aBank Performance
_2imf
650 7 _aBanking Industry in Emerging Markets
_2imf
650 7 _aBanking System
_2imf
650 7 _aBanking
_2imf
650 7 _aFinancial Institutions and Services
_2imf
651 7 _aArgentina
_2imf
776 0 8 _iPrint Version:
_tBank Consolidation and Performance : The Argentine Experience
_dWashington, D.C. : International Monetary Fund, 2004.
_z9781451856927
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 04/149
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/00614-9781451856927/00614-9781451856927/00614-9781451856927.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781451856927
_zIMF Book Store
999 _c151691
_d151691