Expansion strategies of European banks to Brazil and their impacts on the Brazilian banking sector

Latin American Business Review

Volumn 3, Issue 4, 2002, Pages 59-91

  de Paula, Luiz Fernando R ^a,b  

^a STATE UNIVERSITY OF RIO DE JANEIRO   (Brazil)

^b CNPq ^*  (Brazil)

Author keywords

Brazilian banking sector; European banking consolidation; Foreign banks entry

Indexed keywords

EID: 34250902752     PISSN: 10978526     EISSN: 15286932     Source Type: Journal    
DOI: 10.1300/J140v03n04_04     Document Type: Article

References (28)

1. Aliber, R. Z. (1984). "International Banking: A Survey, " Journal of Money, Credit and Banking, Vol. 16, No. 4, pp. 661-678, November.
2. Belaisch, A., L. Kodres, J. Levy, and A. Ubide (2001). "Euro-area Banking at the Crossroads, " IMF Working Paper, No. 01/28, Washington, D.C.: International Monetary Fund.
3. Berger, A. N., R. DeYoung, and G. F. Udell (2000a). "Efficiency Barriers to the Consolidation of the European Financial Services Industry, " mimeo.
4. Berger, A. N., R. DeYoung, H. Genay, and G. F. Udell (2000b). "Globalization of Financial Institutions: Evidence From Cross-Border Banking Performance, " Federal Reserve Board Working Papers, Washington, D.C.
5. BIS. (2000). 70th Annual Report. Basel: Bank for International Settlements.
6. Calderon, A., and R. Casilda (2000). "La Estrategia de los Bancos Espanoles en América Latina, " Revista de la CEPAL, No. 70, pp. 71-89, April.
7. Carvalho, F. C. (2000). "New Competitive Strategies of Foreign Banks in Large Emerging Economies: The Case of Brazil, " Banca Nazionale del Lavoro Quaterly Review, No. 213, pp. 135-169, June.
8. Carvalho, F. C. (2002). "The Recent Expansion of Foreign Banks in Brazil: First Results. " Latin American Business Review, Vol. 3, No. 4. Central Bank of Brazil, http://www.bcb.gov.br.
9. Chase Manhattan (2000). The Chase Guide to Bank Bonds: Brazil, London: Chase Manhattan.
10. Claessens, S., A. Demirguc-Kunt, and H. Huizinga (1998). "How Does Foreign Entry Affect the Domestic Banking Market?" World Bank Discussion Paper. Washington, D.C.: The World Bank.
11. Deminguc-Kunt, A., and H. Huizinga (1998). "Determinants of Commercial Bank Interest Margins and Profitability: Some International Evidence, " World Bank Discussion Paper, No. 1900, March.
12. ECLAC (2000). Foreign Investment in Latin America and the Caribbean-1999 Report. Santiago, Chile.
13. ECLAC (2001). Foreign Investment in Latin America and the Caribbean-2000 Report. Santiago, Chile.
14. European Central Bank (2000). Mergers and Acquisitions Involving the EU Banking Industry: Facts and Implications, http://www.ecb.int.
15. Focarelli, D., and A. F. Pozzolo (2000). The Determinants of Cross-Border Bank Shareholdings: An Analysis with Bank-Level Data from OECD Countries, unpublished manuscript.
16. Freitas, M. C. (1999). "Abertura do Sistema Bancário ao Capital Estrangeiro, " In M. C. Freitas (Editor), Abertura do Sistema Financeiro no Brasil nos Anos 90, São Paulo: IPEA, Fapesp.
17. Grubel, H. (1977). "The Theory of Multinational Banking, " Banca Nazionale del Lavoro Quarterly Review, No. 123, pp. 349-363, December.
18. Guillen, M. F., and A. E. Tschoegl. (1999). "At Last the Internationalization of Retail Banking? The Case of the Spanish Banks in Latin America, " Working Paper, No. 99-41, Philadelphia: The Wharton School, University of Pennsylvania.
19. Guimarães, P., F. Monteiro, and A. Sanchez (2001). "State, Public and Private: A Complete Travel Kit to Survive in Brazilian Banking, " Latin American Equity Research, São Paulo: Santander Central Hispanico Investment.
20. Guimarães, P., F. Monteiro, and A. Sanchez (2001). "State, Public and Private: A Complete Travel Kit to Survive in Brazilian Banking, " Latin American Equity Research, São Paulo: Santander Central Hispanico Investment.
21. Hawkins, J., and D. Mihaljek (2001). "The Banking Industry in the Emerging Markets Economies: Competition, Consolidation and Systemic Stability, " BIS Papers No. 4. Basle: Bank for International Settlements.
22. Kregel, J. (2002). "The Prospects for European Bank Concentration in Light of Recent US Experience, " Latin American Business Review, Vol. 3, No. 4.
23. Levine, R. (1996). "Financial Development and Economic Growth, " Policy Research Paper No. 1678, Washington: The World Bank.
24. Molyneux, P. (2000). "Does Size Matter? Financial Restructuring under EMU, " unpublished manuscript.
25. Nellis, J., K. McCaffery, and R. Hutchinson (2000). "Strategic Challenges For The European Banking Industry In The New Millennium, " International Journal of Bank Marketing, Vol. 18, No. 2, pp. 53-63.
26. Paula, L. F. R. (2002). The Recent Wave of European Banks in Brazil: Determinants and Impacts, São Paulo: Banco Santos; Oxford: University of Oxford, Centre for Brazilian Studies. (forthcoming).
27. Sebastian, M., and C. Hernansanz (2000). "The Spanish Bank"s Strategy in Latin America, " SUERF Studies, No. 9, Viena: Société Universitaire Européenne de Recherches Financieres.
28. The Banker, March 2001, p. 83.