The effect of foreign entry and ownership structure on the Philippine domestic banking market

• Main Authors: Unite, Angelo A., Sullivan, Michael J.
• Format: text
• Published: Animo Repository 2003
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/966; https://animorepository.dlsu.edu.ph/context/faculty_research/article/1965/type/native/viewcontent
• Institution: De La Salle University

We examine the response of domestic Philippine banks to the relaxation of foreign entry regulations that occurred in the Philippines. We find evidence that foreign bank entry is associated with a reduction in interest rate spreads and bank profits, but only for those domestic banks that are affiliat...