found for hypothesized transmission mechanisms through improved financing for SMEs or greater overall bank credit flows. The …

found for hypothesized transmission mechanisms through improved financing for SMEs or greater overall bank credit flows. The …

The primary purpose of this article is to investigate the relationship between bank capital and credit risk taking in … and legal environment in driving bank capitalization and credit risk taking behavior in emerging market economies. …

fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …

central bank and supervisory authorities, and strengthening the rule of law. …

We analyse foreign bank penetration in Central and Eastern Europe (CEE)and its influence on private sector credit …,taking into account both cross-border credit and credit by foreign bank subsidiaries. By combining BIS and BankScope data into a … bank subsidiaries has increased considerably during recent years.However,in Hungary and Poland foreign banks were also …

-2000, with detailed information on bank ownership. Our analysis shows that during crisis periods domestic banks contracted their … credit and deposit bases, whereas foreign banks did not. Also, home country conditions matter for foreign bank growth, as …

bank affiliates are strongly influenced by the capital allocation and credit steering mechanisms of the parent bank. The … credit growth of subsidiaries therefore potentially depends on the financial health of the foreign based parent bank. …

by the state, discharged at first by the state bank issuing rediscounts to private banks. When the state bank became … currency board and the creation of a central bank in 1935, an institution that had no pretense of a nominal-anchor commitment … performance and financial- sector health. As one of its first substantive actions, the central bank engineered a bailout of the …