Determinants of US multinational banking performance in the Asia pacific region: An eclectic approach

The Asia Pacific region has provided the fastest growing and the most profitable overseas markets for US multinational banks (MNBs) since 1975. In the region, US MNBs remain the dominant banking power despite a recent contraction in their relative market share. This paper discusses major characteristics of US MNB activities in the region and identifies empirically major determinants of MNB performance in the two key countries of the region (Singapore and South Korea) using an eclectic approach.