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Book Cover
Author Basu, Ritu, author

Title Bank consolidation and performance : the Argentine experience / prepared by Ritu Basu, Pablo Druck, David Marston, and Raul Susmel
Published [Washington, D.C.] : International Monetary Fund, [2004]
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Description 1 online resource (32 pages)
Series IMF working paper ; WP/04/149
IMF working paper ; WP/04/149
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. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Bank mergers -- Argentina.
Banks and banking.
Form Electronic book
Author Druck, Pablo, author
Marston, David, author
Susmel, Raul, 1962- author
International Monetary Fund. Monetary and Financial Systems Department, issuing body
ISBN 1282035312
1451902026 (e-book)
9781451902020 (e-book)