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A special report on banking in emerging markets: Rambo in cuffs
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 395 no. 8682 (May 2010)
,
page 54+7.
Topik:
Western Banks
;
Emerging-market Banks
;
Deposits
;
Debts
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.60
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
WESTERN bank bosses often suspend their critical faculties when discussing their emerging-market peers. Suddenly it is not the next quarter that matters but the long-term flow of world historical forces. “They think about time in a very different way,” says one, Zen-like, before adding: “History always follows a course.” What lies behind this mumbo-jumbo is the recognition that emerging-market banks are not just getting bigger but also have piles of excess deposits because they are based in countries with high levels of savings. This would appear to give them a decisive advantage over Western banks that rely on fickle borrowing markets to do business. To add to rich-world banks’ discomfort, developing-world banks tend to have high capital ratios too. In banking, especially after the crisis, whoever has the deposits and the capital usually wins.
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