has created significant challenges for Ghana. A swift return to macroeconomic stability in 2013 was thwarted by weaker …

undertaken by central banks both in advanced and developing countries to promote financial inclusion. The issue has also … attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …

This paper runs qualitative and quantitative analyses of the financial soundness of Danish banks. Helped by a series of … Denmark’s financial policy initiatives, banks have made progress in improving financial stability. However, vulnerabilities … remain. To mitigate risks, banks should continue to build more robust capital and liquidity buffers, and enhance further the …

This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … increased purchases by the Bank of Japan. At the same time, illustrative scenarios suggest the interest rate risk exposure of … Japanese banks could decline substantially over the next two years. However, if structural and fiscal reforms are incomplete …

indices; second, which bank-specific characteristics explain these risk exposures; third, are there clusters of banks with … is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity … risk, specifically, has been steadily rising since 2008. Banks that are reliant on wholesale funding, have weaker capital …

time-varying market valuation for such a support. With large worldwide sample of banks, we estimate the structural subsidy …