and led to bank restructuring and consolidation. This paper looks at firm access to credit in the region, focusing on the … role of credit market structure. Using firm-level data from theWorld Bank Enterprise Survey, we find that access to bank … likely to be financially constrained. We also find that a high degree of bank penetration and competition are significantly …

We analyze the effects on bank valuation of government policies aimed at shoring up banks' financial conditions during …/or guaranteed bank assets and liabilities. We employ event study methodology to estimate the impact of government …-intervention announcements on bank valuation. Using traditional approaches, announcements directed at the banking system as a whole were …

Are the drivers of domestic and cross-border M&As in the banking sector different? Despite the intense research on bank … that a bank is a bidder in a cross-border deal than in a domestic deal. Consistent with the findings of the literature on …

-border bank M&As are materially different from those banks targeted in domestic M&A deals. To address this question we use a … sample of over 24,000 banks from more than 100 countries. We begin by estimating the probability that a bank will be a M …&A target; this probability is based upon both bank specific and country specific characteristics. The sample also naturally …

banks are faced with the upcoming Basel III reform. Economic trends continue to exert pressure on the traditional bank …