کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7364934 | 1479116 | 2014 | 16 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Can the Chinese banking system continue to grow without sacrificing loan quality?
ترجمه فارسی عنوان
آیا بانکداری چین می تواند بدون کم کردن کیفیت وام به رشد خود ادامه دهد؟
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
رشد اعتبار، ثبات بانک، سیستم بانکی چینی، چرخه تجارت،
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
چکیده انگلیسی
The Chinese banking sector has experienced significant growth following the Asian Financial crisis of the late 1990s. As expected, the state-owned commercial banks play a significant role, attracting foreign players keen to participate in this consistent economic progression. We calculate the banks' distance-to-default measures in a pre- and post-GFC scenario, and note that overall banks are not facing significant distress levels. The association between distance-to-default and credit growth is positive, albeit diminishing in a pre-GFC context. It is only when we separate the foreign from the local banks that idiosyncratic features emerge. We find that foreign banks have reduced their exposure to loans in the post-GFC period and are more financially distressed. The Chinese banking system and its loan quality is directly linked to real estate values and government supported infrastructure projects. Clearly, in China the two-way causality of both bank growth and its soundness partly depends on these projects' propensity in generating sufficient cash flows to repay the bank loans.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Financial Markets, Institutions and Money - Volume 31, July 2014, Pages 315-330
Journal: Journal of International Financial Markets, Institutions and Money - Volume 31, July 2014, Pages 315-330
نویسندگان
Jean-Pierre Fenech, Ying Kai Yap, Salwa Shafik,