When and Where? Drivers of Banks’ Internationalization from the Destination Market
This third chapter first describes the economic factors of a country that should attract foreign banks. Then it investigates the impact of regulation and reforms carried out by governments on the internationalization process when a bank has chosen the country of destination after identifying the need to do business abroad. The final section considers the aims of governments in the integration of financial markets of European countries as a consequence of European Union membership. In each section, the general context is described using the World Bank database. The type of internationalization sought in Europe and acts of regulators are also discussed.
KeywordsRegional banks European banks Financial integration Regulation impact Reform impact Banking Union Capital market union (CMU)
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