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Bank market power and revenue diversification: Evidence from selected ASEAN countries

机译:银行市场力量和收入多元化:来自某些东盟国家的证据

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摘要

This paper examines the association between bank market power and revenue diversification using a sample of 153 commercial banks from five Association of Southeast Asian Nations (ASEAN) member countries (Indonesia, Malaysia, the Philippines, Thailand and Vietnam). We find a non-linear relationship between bank market power and revenue diversification, where at lower degrees of market power (in loan and deposit markets) banks concentrate on revenue diversification. In contrast, those with greater market power focus more on traditional interest-based products. Our findings also indicate that credit losses experienced earlier, during and after the Asian financial crisis have encouraged ASEAN banks to diversify into non-traditional activities to compensate for their excessive losses. When the markets recovered and loan demand increased, however, traditional interest-based business has become more important. These results remain consistent across all models providing robust results.
机译:本文使用来自五个东南亚国家联盟(ASEAN)成员国(印度尼西亚,马来西亚,菲律宾,泰国和越南)的153家商业银行的样本,研究了银行市场力量与收入多元化之间的关联。我们发现银行市场支配力与收入多元化之间存在非线性关系,在较低的市场支配力(在贷款和存款市场),银行专注于收入多元化。相比之下,具有更大市场力量的公司则更多地关注传统的基于利益的产品。我们的研究结果还表明,亚洲金融危机之前,期间和之后经历的信贷损失促使东盟银行转向非传统活动,以弥补其过度损失。但是,当市场恢复并且贷款需求增加时,传统的基于利益的业务就变得越来越重要。这些结果在所有模型中保持一致,从而提供了可靠的结果。

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