Foreign Bank Subsidiaries' Default Risk during the Global Crisis : What Factors Help Insulate Affiliates from their Parents? /

This paper examines the association between the default risk of foreign bank subsidiaries in developing countries and their parents during the global financial crisis, with the purpose of determining the size and sign of this correlation and, more importantly, understanding what factors can help ins...

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Bibliographic Details
Main Author: Anginer, Deniz
Other Authors: Cerutti, Eugenio, Martinez Peria, Maria
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/109
Online Access:Full text available on IMF