Foreign bank participation in emerging markets: Lessons from Citibank case in Turkey

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Tezin Türü: Yüksek Lisans

Tezin Yürütüldüğü Kurum: Orta Doğu Teknik Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Türkiye

Tezin Onay Tarihi: 2010

Öğrenci: SİNEM TUBA TAŞDEMİR

Danışman: HANDE AYAYDIN HACIÖMEROĞLU

Özet:

An extensive literature has examined many of the consequences of foreign bank participation in emerging markets. However, research to date has largely focused on the effects of foreign bank participation in domestic banks and yet revealed little about the situation for foreign banks. The thesis, examines Citibank in Turkey as a particular case in order to address this gap. The results show that Citibank‟s growth and presence in the Turkish banking sector depends significantly on: ownership advantages related to the bank‟s dimensional scale; the need to follow its clients who have already expanded their activities into the Turkish market in order to save their pre-existing relationships; and the access to positive externalities offered by the Turkish market.