Russia’s regional banks don’t utilise local info
Local banks do not benefit from an advantage in monitoring ability and in information in Russia, a new paper from the Bank of Finland posits.
The analysis shows that there is no significant impact on syndicated loan spreads for local bank participation in a syndicated loan, nor any significant influence of the presence of domestic-owned banks or foreign-owned banks on the spreads.
The research posits that inability of local banks to exploit their advantage could result from their lack of
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