International Financial Integration and Funding Risks : Bank-Level Evidence from Latin America /

Using a sample of over 700 banks in Latin America, we show that international financial liberalization lowers bank capital ratios and increases the shares of short-term funding. Following liberalization, large banks substitute interbank borrowing for equity and long-term funding, whereas small banks...

Description complète

Détails bibliographiques
Auteur principal: Catao, Luis
Autres auteurs: Dinger, Valeriya, Marcel te Kaat, Daniel
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/224
Accès en ligne:Full text available on IMF