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Effect of Bank Assets Securitization in Investment Flows: A Cross-Country Analysis

Author

Listed:
  • Akbarali Akhmedov

    (Researcher, Tashkent State University of Economics, Uzbekistan)

  • Umidjon Duskobilov

    (Head of Banking Chair, Tashkent State University of Economics, Uzbekistan)

Abstract

In modern financial architecture, banks actively engage in financial market operations to ensure the stability and efficiency of their activities. The latest trends in banking sector highlight the active role commercial banks play by securing their assets in securitization practices. The lessons from the global financial crisis show that securitization is one of the main methods for securing the soundness of bank assets as an investment tool. This paper investigates the impact of bank assets securitization on investment flows in 30 advanced and transition economies by applying GMM method. The results proved that securitization of bank assets significantly stimulates the inflow of investments towards selected economies.

Suggested Citation

  • Akbarali Akhmedov & Umidjon Duskobilov, 2019. "Effect of Bank Assets Securitization in Investment Flows: A Cross-Country Analysis," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 5(4), pages 13-17, May.
    • Handle: RePEc:mgs:ijmsba:v:5:y:2019:i:4:p:13-17
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.54.1002
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    References listed on IDEAS

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    1. Clemens Bonner & Daniel Streitz & Michael Wedow, 2016. "On the differential impact of securitization on bank lending during the financial crisis," DNB Working Papers 501, Netherlands Central Bank, Research Department.
    2. Omneya Abdelsalam & Marwa Elnahass & Sabur Mollah, 2018. "Religiosity and Bank Asset Securitization," Working Papers 2018-13, Swansea University, School of Management.
    3. Giorgio Nuzzo, 2017. "A critical review of the statistics on the size and riskiness of the securitization market: evidence from Italy and other euro-area countries," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Data needs and Statistics compilation for macroprudential analysis, volume 46, Bank for International Settlements.
    4. Giorgio Nuzzo, 2017. "A critical review of the statistics on the size and riskiness of the securitization market: evidence from Italy and other euro-area countries," Questioni di Economia e Finanza (Occasional Papers) 403, Bank of Italy, Economic Research and International Relations Area.
    5. Greenbaum, Stuart I. & Thakor, Anjan V., 1987. "Bank funding modes : Securitization versus deposits," Journal of Banking & Finance, Elsevier, vol. 11(3), pages 379-401, September.
    6. Omneya Abdelsalam & Marwa Elnahass & Sabur Mollah, 2018. "Asset Securitization and Bank risk: Do Religiosity or Ownership Structure Matter?," Working Papers 2018-17, Swansea University, School of Management.
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    More about this item

    Keywords

    Bank assets; Securitization; Investment; GMM;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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