Working Paper
Loan sales: Pacific Rim trade in nontradable assets
Abstract: An examination of the role of foreign banks in the loan sales market, finding that the motives for loan sales and purchases differ between U.S. and foreign-owned banks and between foreign banks of different regions, which is consistent with foreign banks' using the market for diversification.
Keywords: Loan sales; Pacific Area; International finance;
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/scribd/?item_id=494614&filepath=/docs/historical/frbclev/wp/frbclv_wp1994-14.pdf#scribd-open
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1994
Number: 9414