Showing 31 - 40 of 167
In this article we first document the evidence showing how an efficient retail payment infrastructure enhances economic performance. We then review the policy tools available to promote efficient retail payments in Europe. We argue that while SEPA is an important policy initiative that...
Persistent link: https://www.econbiz.de/10011201806
relationship between retail payment business and overall bank performance. Using data from across 27 European markets over the … period 2000–2007, we analyse whether the provisions of retail payment services are reflected in improved bank performance … adoption of retail payment transaction technologies. Retail payment transaction technology can itself also improve bank …
Persistent link: https://www.econbiz.de/10008626084
disciplining banks. Under our proposal, investors buy the subdebt of a bank only if they receive favourable information about the … bank, and the bank is subject to a regulatory examination if it fails to issue subdebt. By forcing banks to be examined …-destroying actions to benefit themselves, but may also encourage banks to lower asset risk. It shows that subdebt regulation and bank …
Persistent link: https://www.econbiz.de/10009358951
are required to purchase a distressed bank because of political factors (the government’s role), their performances are at …
Persistent link: https://www.econbiz.de/10010698834
Consider a competitive bank whose illiquid asset portfolio is funded by short-term debt that has to be refinanced … of social externalities of bank failures further lowers the optimal level of transparency. Moreover, asset risk taking …
Persistent link: https://www.econbiz.de/10009651893
This theoretical paper explores the effects of costly and non-costly collateral on moral hazard, when collateral value may fluctuate. Given that all collateral is costly, stochastic collateral will entail the same positive incentive effects as nonstochastic collateral, provided the variation in...
Persistent link: https://www.econbiz.de/10008800750
We aim to assess how accurately accounting and stock market indicators predict rating changes for Asian banks. We conduct a stepwise process to determine the optimal set of early indicators by tracing upgrades and downgrades from rating agencies, as well as other relevant factors. Our results...
Persistent link: https://www.econbiz.de/10010548598
In this paper, by employing a novel approach, we study the relationship between bank type and small-business lending in … a post-transition country. Using a unique dataset on bank branches and firm-level data, we find that local cooperative … domestic banks. Our results are important from a policy perspective, as they show that foreign bank entry and industry …
Persistent link: https://www.econbiz.de/10010945118
This paper examines blanket guarantee and restructuring decisions in respect of a multinational bank (MNB) using Nash … bargaining, when the threat of a panic motivates countries to take decisions quickly. The failure of the bank would cause …, the bank is either liquidated or one – or both of the countries – recapitalizes it. The partition of the recapitalisation …
Persistent link: https://www.econbiz.de/10004976732
timetable that will end in the authorities stepping into the bank while it still has positive capital, if the earlier stages are …
Persistent link: https://www.econbiz.de/10004976733