Bartik instrument for capital inflows. Our results suggest that foreign funds boost bank lending to the domestic economy …. This result is due to the positive effect of capital inflows on bank lending to non-financial firms and to other domestic …

’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 …