Brown, Martin; De Haas, Ralph - European Bank for Reconstruction and Development (EBRD) - 2010
foreign currency (FX) lending in emerging Europe. We find that FX lending by all banks, regardless of their ownership …Based on survey data from 193 banks in 20 countries we provide the first bank-level analysis of the determinants of … indiscriminately because of easier access to wholesale funding in foreign currency. In fact, while foreign banks do lend more in FX to …