How Mergers in the Farm Credit System Have Affected Ag Banks

IF 4.6 Q2 MATERIALS SCIENCE, BIOMATERIALS
Francisco Scott
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Abstract

Ag banks likely altered some of their strategic portfolio decisions after an FCS merger in their local credit market. Commercial banks and the Farm Credit System (FCS) have been the most important sources of agricultural loans in the United States in recent decades. Since the 1990s, however, mergers and acquisitions have increasingly concentrated both the FCS and commercial banks, raising concerns about potential effects on the agricultural credit market. Starting in the 2000s, the FCS gained a substantial market share of total agricultural debt, lending credibility to these concerns. Thus far, however, how the FCS’s evolving size and scope affect agricultural bank operations, particularly through mergers, has not been adequately examined. Francisco Scott explores the effects of FCS mergers on agricultural banks (ag banks) and finds that FCS mergers have had mostly muted long-term aggregate effects on ag banks’ interest income, efficiency
农业信贷体系的合并对农业银行有何影响
在FCS与中国本土信贷市场合并后,农业银行可能改变了一些战略投资组合决策。近几十年来,商业银行和农业信贷系统(FCS)一直是美国农业贷款最重要的来源。然而,自20世纪90年代以来,并购越来越集中于金融服务公司和商业银行,这引发了人们对农业信贷市场潜在影响的担忧。从2000年代开始,FCS在农业债务总额中获得了相当大的市场份额,为这些担忧提供了可信度。然而,到目前为止,FCS的不断发展的规模和范围如何影响农业银行的业务,特别是通过合并,还没有得到充分的研究。Francisco Scott探讨了FCS合并对农业银行(农业银行)的影响,并发现FCS合并对农业银行的利息收入、效率的长期总体影响大多不大
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来源期刊
ACS Applied Bio Materials
ACS Applied Bio Materials Chemistry-Chemistry (all)
CiteScore
9.40
自引率
2.10%
发文量
464
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