EME banks have ‘substantially’ increased global footprint – BIS research

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Emerging market economy (EME) banks are becoming increasingly important players on the global stage, according to a study published by the Bank for International Settlements.

The special feature, released as part of the BIS’s latest quarterly review, draws on the institution’s global banking statistics to reveal the “rapidly increasing presence” of EME banks in global markets.

Authors Eugenio Cerutti, Catherine Koch and Swapan-Kumar Pradhan find EME banks tend to lend through foreign

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