procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …

recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole …

elements of credit risk management and important to prudential oversight. As illustrated in this paper, valuation feeds into … indicators of overall bank soundness and key macroprudential indicators. Country practices and recent moves to more forward …

credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in … Latin America increased after Basel. Consequently, Basel did not seem to lead to an overall credit decline. However, we do … Basel II might cause greater procyclicality of credit. …

This paper analyzes the credit crunch following the recent financial crisis in Korea. Using enterprise-level data, we … find that there were big differences in the magnitude of the credit contraction across different types of firms. In … particular, chaebol (conglomerate)-affiliated firms appeared to have lost the preferential access to credit they enjoyed in the …

which commercial bank holdings of excess liquidity exceed levels required for precautionary purposes. It proposes a …