| Description |
1 online resource (46 pages) |
| Series |
IMF Working Paper ; WP/19/146 |
|
IMF working paper ; WP/19/146.
|
| Summary |
Using data collected from pan-African banks' (PABs), balance sheets and other sources (Orbis, Fitch), this study identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking group's investment in the net equity of its subsidiaries to a set of explanatory variables, the analysis finds that cross-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Banks and banking -- Africa, Sub-Saharan
|
|
Banks and banking
|
|
Sub-Saharan Africa
|
| Form |
Electronic book
|
| Author |
Chen, Shiyuan, author
|
|
Maino, Rodolfo, 1961- author.
|
|
Pani, Marco, author
|
|
International Monetary Fund, issuing body.
|
| ISBN |
1498326269 |
|
9781498326261 |
|
