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-oriented regime for merger control increases banks' stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … alia for the general quality of institutions and individual bank characteristics, is the opaqueness that characterizes the …
Persistent link: https://www.econbiz.de/10013316912
centralization on bank risk taking depends on the balance of these two effects …
Persistent link: https://www.econbiz.de/10012977777
We build a general equilibrium model of banks' optimal capital structure, where bankruptcy is costly and investors have heterogenous endowments and incur a cost for participating in equity markets. We show that banks raise both deposits and equity, and that investors are willing to hold equity...
Persistent link: https://www.econbiz.de/10012906363
-oriented regime for merger control increases banks’ stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … alia for the general quality of institutions and individual bank characteristics, is the opaqueness that characterizes the …
Persistent link: https://www.econbiz.de/10011604832
Persistent link: https://www.econbiz.de/10009780132
Using household surveys and bank penetration data at the district-level in 2006 and 2009, this paper examines the … impact of Equity Bank-a leading private commercial bank focusing on microfinance-on access to banking in Kenya. Unlike other … commercial banks in Kenya, Equity Bank pursues distinct branching strategies that target underserved areas and less …
Persistent link: https://www.econbiz.de/10011395870
Persistent link: https://www.econbiz.de/10009625197
Persistent link: https://www.econbiz.de/10010194896
Persistent link: https://www.econbiz.de/10010342509
We explore the relationship between bank branch expansion, financial inclusion and profitability for Equity Bank …. Unlike traditional banks, including foreign and government owned banks in Kenya, Equity Bank targets less developed …-developed areas. The bank's business model proves to be highly effective, with branch-level profits rising in areas with a smaller …
Persistent link: https://www.econbiz.de/10012823651