은행의 소유구조가 대출 및 경영성과에 미치는 영향

초록

This study evaluates the effect of ownership structure of Korean banks on the lending behavior and bank performance. The empirical analysis results show that foreign banks lend to SMEs less than domestic banks, while the ratio of lending to total asset smaller than that of domestic banks which suggests that the presence of foreign banks tend to reduce the share of traditional lending business in the domestic banking industry. Also, foreign banks are analyzed to reduce the lending to SMEs when the economy is in recession. While foreign banks are found to be more profitable when the proxy variable used for profit is NIM(net interest margin), the foreign banks are found to be less efficient in terms of interest rate spread and operating costs, which is different from what is expected in general. Government owned banks are found to increase the SMEs lending even though the estimation results are not robust depending on the empirical analysis models used. Government owned banks are evaluated to be more efficient than privately owned banks even though the profitability of them are smaller than that of private banks. Increase in the foreign share in the domestic loan market is found to enhance competitiveness and efficiency of the domestic banking industry.

키워드