(2011), 'The non-bank bank
nexus and the shadow banking system', IMF Working Paper WP/11/289.
Stacked up against Mexico's banking system, which in total has about 15 million clients, that's a pretty big non-bank bank
for one store chain.
Table 2 Trends in Financing of Budgetary Deficits (Million Rs) Percentage Share in Financing the Deficit Overall External Domestic Non-bank Bank
Years Deficit Financing Financing Financing Financing 1980-81 14,618 47.7 52.3 36.2 16.1 1981-82 17,175 31.1 68.9 36.8 32.1 1982-83 25,654 20.1 79.9 56.0 23.9 1983-84 25,147 19.9 80.1 48.8 31.3 1984-85 36,777 14.1 85.9 35.0 50.9 1985-86 41,644 20.6 79.4 64.5 14.9 1986-87 46,710 18.0 82.0 58.5 23.5 1987-88 57,563 22.0 78.0 53.7 24.2 1988-89 56,879 32.0 68.0 66.6 1.4 1989-90 58,917 41.7 58.3 52.3 6.0 Sources: Economic Survey, 1986-87 and 1990-91.
The most popular strategy involved insurers acquiring unitary thrift holding companies, non-bank banks
, and limited purpose trust companies.
- Industrial loan companies and other non-bank banks
These so-called non-bank banks
are the investment banks, bank holding companies, and hedge funds.
Mergers and acquisitions will likely have reduced the number of banks and industry specialists and non-bank banks
will play a more prominent role.
These non-bank banks
borrowed funds from government development banks as well as from private commercial banks; in turn they gave loans to consumers to purchase homes and autos but were initially prohibited from accepting deposits or investing in securities or derivatives.
But they will face swarms of nimble competitors including community banks, industry specialists and non-bank banks
that specialize in providing specific services.
Lo paradojico de la situacion es que la actividad economica ha venido creciendo, y a tasas considerables, casi sin credito de los bancos, las empresas financiandose con recursos propios, con inversion extranjera o mediante colocaciones de deuda en los mercados internacionales de capital, que son opciones solo para las grandes y algunas medianas empresas, y las personas mediante las opciones de credito de los llamados non-bank banks
, como son las agencias de automoviles, las grandes tiendas departamentales, etc.
But some, like Central Pacific Bank's Yoshiharu Satoh, are confident that despite the additional players in the financial services game, Hawaii's banking industry will not be as severely impacted by non-bank banks
as institutions on the Mainland.
Rather, the concern was over the growth of "non-bank banks