Foreign Bank Ownership and Household Credit
Type
working paper
Date Issued
2012
Author(s)
Abstract
Abstract: This paper uses survey data for over 23,000 households from 28 transition countries in 2010 to explore how the use of household credit is related to foreign bank ownership. In countries with higher foreign bank presence we find a stronger relation between household income, education and employment status and the use of credit cards and mortgages. Our findings are robust to endogeneity and are supply rather than demand-driven. They suggest that foreign banks- as compared to domestic banks - are more likely to cherry-pick their retail credit customers.
Language
English
Keywords
Access to finance
Household credit
Bank-ownership.
HSG Classification
contribution to scientific community
Refereed
No
Subject(s)
Eprints ID
217563
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Name
12_6_Brown_Foreign Bank Ownership and Household Credit.pdf
Size
392.12 KB
Format
Adobe PDF
Checksum (MD5)
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