BIS Quarterly Review, December 2005

The Bank for International Settlements has published its December 2005 Quarterly Review. Foreign banks dominate the financial sectors in emerging economies to such a degree as to pose problems for regulators and potential threats to domestic financial systems, the report said.

Foreign investment in emerging economy banks, as measured by cross-border acquisitions, rose from about $2.5 billion in 1991-95 to $51.5 billion in the following five years and $67.5 billion from 2001 to October 2005, the

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