Huizinga, Harry P.; Can Bertay, A.; Demirgüc-Kunt, A. - Tilburg University, Center for Economic Research - 2011
A bank’s interest expenses are found to increase with its degree of internationalization as proxied by its share of … bank is performing badly. Our benchmark estimation suggests that an international bank’s cost of funds raised through a … foreign subsidiary is between 1.5% and 2.4% higher than the cost of funds for a purely domestic bank, which is a sizeable …