financial crises, keeping deposits in a safe place and paying back their loans. - Institutional risk profiles at the bottom end … small volumes. Although this profile may raise some concerns regarding reputational risks for the central bank and consumer … protection, in terms of financial instability, the risk posed by inclusive policies is negligible. - In addition, risks prevalent …

The failure to spot emerging systemic risk and prevent the current global financial crisis warrants a reexamination of …

2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and …

z-score), then apply the stochastic frontier analysis (SFA) to obtain the risk-return efficiency score for each bank …, and finally conduct ordered logit regressions of bank ratings on estimated risks, risk-return efficiency, and the inverse …This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and …

performance under a fragmented financial regulatory structure is not worse than under integrated regulation. This implies that …

inclusion (together with some control variables) on some measures of financial stability, including bank non-performing loans … and bank Z-scores. We find some evidence that an increased share of lending to small and medium-sized enterprises (SMEs …