Bank ownership and lending pattern during 2008 - 2009 financial crisis - Evidence from China

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorTang, Mengshu
dc.contributor.departmentRahoituksen laitosfi
dc.contributor.departmentDepartment of Financeen
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2015-11-04T13:21:17Z
dc.date.available2015-11-04T13:21:17Z
dc.date.dateaccepted2015-07-16
dc.date.issued2015
dc.description.abstractThis Master's thesis investigates the different impact on bank lending in China from banks with different ownership during the recent financial crisis in 2008 to 2009. This paper finds that foreign banks in China were generally lending less comparing to banks with joint ownership in non-crisis years, but they did not completely contract their credit supply when the recent financial crisis struck. Government banks were quite supportive during the financial crisis by increasing lending in corporate loans and in construction industry specifically. On the other hand, domestic private banks were the most supportive in the crisis as they have increased their credit supply significantly throughout the 2008 to 2009 financial crisis. This paper also studies how banks' financial performance affected the bank lending in China during the 2008 to 2009 financial crisis. Banks with considerable assets were more supportive in the latter year of the financial crisis and banks with high capitalization were generally lending more in real estate, construction and manufacture industries in 2008 but less in corporate loans in 2009. Banks with high profitability changed their lending strategy during the financial crisis by curtailing lending in corporate loans as well as construction industry. In addition, banks with high solvency became stricter and more careful with their lending and banks with sufficient funding also became more selective in the credit supply in the second year of the recent financial crisis.en
dc.ethesisid14087
dc.format.extent51
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/18413
dc.identifier.urnURN:NBN:fi:aalto-201511054984
dc.language.isoenen
dc.locationP1 I
dc.programme.majorFinanceen
dc.programme.majorRahoitusfi
dc.subject.heleconrahoitus
dc.subject.heleconfinancing
dc.subject.heleconpankit
dc.subject.heleconbanks
dc.subject.heleconomistus
dc.subject.heleconownership
dc.subject.heleconrahoitusmarkkinat
dc.subject.heleconfinancial markets
dc.subject.heleconkriisi
dc.subject.heleconcrisis
dc.subject.heleconKiina
dc.subject.heleconChina
dc.subject.keywordbank ownership
dc.subject.keywordbank lending
dc.subject.keywordfinancial crisis
dc.subject.keywordChina
dc.titleBank ownership and lending pattern during 2008 - 2009 financial crisis - Evidence from Chinaen
dc.typeG2 Pro gradu, diplomityöfi
dc.type.dcmitypetexten
dc.type.ontasotMaster's thesisen
dc.type.ontasotPro gradu tutkielmafi
local.aalto.idthes14087
local.aalto.openaccessyes
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
hse_ethesis_14087.pdf
Size:
5.46 MB
Format:
Adobe Portable Document Format