’s domestic bank by an internationalized banking group. Our results show that, after the acquisition, firms have a significantly … higher probability of starting export in countries where the consolidated bank has a foreign branch, which proxies for the … mainly reduce firms’ fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …

in the Central and Eastern European (CEE) region before and during the crisis. We use a bank-level dataset on Western … higher non-performing loans (NPL) ratios at either the subsidiary or the parent bank level significantly lowered subsidiary … parent bank traits in countercyclical capital buffer calculations …