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.
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https://fraser.stlouisfed.org/title/working-paper-federal-reserve-bank-cleveland-4494/loan-sales-494614
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1994
Number: 9414