Borsuk, Marcin; Kowalewski, Oskar; Pisany, Pawel - In: IBF paper series (2022) 1, pp. 1-34
. Further, foreign state-controlled banks reduced their credit base during a home banking crisis, whereas foreign privately … credit during domestic banking crises in host countries, whereas lending by domestic state-controlled banks contracted …-controlled or privately-owned, transmit a currency crisis to a host country. Overall, our results suggest a mixed banking sector …