Dutch paper finds global banking system has adopted ‘a more regional focus’

Researchers say global banking has not become more fragmented

netherlands-bank-2
The Netherlands Bank

The global banking system is not becoming more fragmented, but is shifting towards a "more regional focus", according to a working paper published by the Netherlands Bank today.

In The impact of the global financial crisis on banking globalization, Stijn Claessens and Neeltje van Horen find that cross-border bank lending has fallen sharply since the crisis, but there has only been "limited retrenchment" in foreign bank presence.

"While banks from OECD countries reduced their foreign presence,"

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