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Does good financial performance mean good financial intermediation in China? /
Chinese banks generate large profits and have relatively low nonperforming loans. However, good financial performance does not, in itself, guarantee that banks efficiently intermediate the economy's financial resources. This paper first examines how efficient Chinese banks are in financial inte...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
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| Colección: | IMF working paper ;
WP/09/170. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Chinese banks generate large profits and have relatively low nonperforming loans. However, good financial performance does not, in itself, guarantee that banks efficiently intermediate the economy's financial resources. This paper first examines how efficient Chinese banks are in financial intermediation, using the stochastic production frontier approach. Quality of loans are controlled for by focusing on net loans and correcting for nonperforming loans; Hong Kong SAR banks are included in the sample to have a more universally representative production frontier. The results suggest that Chines. |
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| Descripción Física: | 1 online resource (32 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 27-32). |
| ISBN: | 1451917457 9781451917451 1462399150 9781462399154 145270466X 9781452704661 1282843834 9781282843837 9786612843839 6612843837 1451873174 9781451873177 |
| ISSN: | 2227-8885 ; |