Progress in China'S Banking Sector Reform Has Bank Behavior Changed?
Substantial effort has been devoted to reforming China''s banking system in recent years. The authorities recapitalized three large state-owned banks, introduced new governance structures, and brought in foreign strategic investors. However, it remains unclear the extent to which currently...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/71 |
Online-Zugang: | DE-20 DE-824 DE-70 DE-155 DE-29 DE-22 DE-473 DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-739 DE-355 DE-Aug4 DE-1049 DE-12 DE-91 URL des Erstveröffentlichers |
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520 | 3 | |a Substantial effort has been devoted to reforming China''s banking system in recent years. The authorities recapitalized three large state-owned banks, introduced new governance structures, and brought in foreign strategic investors. However, it remains unclear the extent to which currently reported data reflect the true credit risk in loan portfolios and whether lending decisions have started to be taken on a commercial basis. We examine lending growth, credit pricing, and regional patterns in lending from 1997 through 2004 to look for evidence of changing behavior of the large state-owned commercial banks (SCBs). We find that the SCBs have slowed down credit expansion, but that the pricing of credit risk remains undifferentiated and banks do not appear to take enterprise profitability into account when making lending decisions. Controlling for several factors, we find that large SCBs have continued to lose market share to other financial institutions in provinces with more profitable enterprises. The full impact of the most recent reforms will become clear only in several years, however, and these issues should be revisited in future research | |
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publisher | International Monetary Fund |
record_format | marc |
series2 | IMF Working Papers |
spellingShingle | Podpiera, Richard Progress in China'S Banking Sector Reform Has Bank Behavior Changed? |
title | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? |
title_auth | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? |
title_exact_search | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? |
title_full | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? Podpiera, Richard |
title_fullStr | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? Podpiera, Richard |
title_full_unstemmed | Progress in China'S Banking Sector Reform Has Bank Behavior Changed? Podpiera, Richard |
title_short | Progress in China'S Banking Sector Reform |
title_sort | progress in china s banking sector reform has bank behavior changed |
title_sub | Has Bank Behavior Changed? |
url | http://elibrary.imf.org/view/IMF001/05458-9781451863314/05458-9781451863314/05458-9781451863314.xml |
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