Οι προσδιοριστικοί παράγοντες των διασυνοριακών τραπεζικών δανείων

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Keywords
Διασυνοριακά τραπεζικά δάνεια ; Θεσμικό πλαίσιο ; Διεθνείς τράπεζες ; Χρηματοπιστωτική κρίση ; Cross-border banking flows ; Institutional framework ; International banks ; Financial crisisAbstract
This thesis aims to study the determinants of cross-border banking flows, using data from the BIS and the World Bank, for the time period 2002-2012. This is the period which includes the outbreak of the world financial crisis.
It starts by pointing out the risks a bank could face, its profit sources, the importance of country’s institutional framework and the factor of asymmetric information which is related with the phenomenon of moral hazard and adverse selection. Also, It is being described what kind of business models banks are using to operate and how crisis effected those, focusing in the side of international banks.
Using the “e-views” econometric software, the period of analysis is being divided into two sub-periods, 2002-2007 and 2008-2012, in order to examine whether the determinants of cross-border banking have changed after the beginning of the financial crisis in 2008 and in what way and scale.