domestic systematic banking crisis and the global financial crisis of 2008. Our panel dataset comprises data on more than 400 … banks for the period 1994- 2010. Our analysis shows that foreign banks provided credit during domestic banking crises in … the global financial crisis, while government-owned banks expanded. Consequently, our results show that foreign …

subsidiaries during the financial crisis of 2008. Our results demonstrate that a subsidiary's reduction in lending is strongly … increased their credit supply prior to the crisis, they reduced their lending activities during the crisis. Additionally, we … deposit growth significantly during the crisis. During the crisis, subsidiaries could not rely on their parent banks’ support …

with banking and insurance sectors, we show that credit risk transfer can be beneficial when banks face uniform demand for …