Foreign currency loans to the unhedged non-banking sector are remarkably prevalent in Europe and create a significant … exchange-rate-induced credit risk to European banking sectors. In particular, Swiss franc (CHF)-denominated loans, popular in … that banks in Europe have continuously held more foreign-currency-denominated assets than liabilities, indicating their …

-affiliated, and low-leverage companies incline more towards this strategy. Credit rating, debt maturity, financial and interest …

" approach to study how lender composition and willingness to provide credit affect the relationship between credit expansions … and real activity. A key advantage of jointly modeling the demand for and supply of credit is the ability to evaluate … equilibrium elasticities of credit quantities with respect to variables of interest. We document that the sectoral composition of …

- or wrong-way exposures in respective commodity transaction. Identifying them is important, because otherwise credit costs … business in credit risky areas of the world.As concerns publicly listed counterparties I develop a simple approach for … picture of credit risk and to structure commodity transactions more rewardingly …

What is the current state of sovereign credit risk across Euro zone? Does the recent fiscal crisis extend to other (non … that sovereign credit risk adjustment in the Euro zone can happen, using various measures, but not without "fiscal pain" …

in the German power market. This paper describes the various types of credit exposures encountered in the commodity … markets, the available tools for credit risk management with a special focus on clearing, CDS, the hedging and pricing of … stochastic factor model (commodity, credit, and correlation of the two) to an example portfolio shows that an inefficient use of …

addition a conventional US monetary easing leads to a significant narrowing of the credit spreads on dollar …-denominated sovereign bonds that are issued by countries with a speculative-grade sovereign credit rating. However, during the …