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We develop a measure of systemic stress for the Italian financial markets (FCI-IT) that aggregates information from five major segments of the whole financial system, i.e. the money market, the bond market, the equity market, the foreign exchange market and the market for stocks of financial...
Persistent link: https://www.econbiz.de/10012865128
This paper studies the characteristics of the recent evolution of loans to non-financial firms in Italy from an …-side determinants of credit are also discussed. We find the following results. First, bank loan dynamics have been weak compared to the …
Persistent link: https://www.econbiz.de/10012865592
This paper introduces a coincident indicator of systemic liquidity risk in the Italian financial markets. In order to take account of the systemic dimension of liquidity stress, standard portfolio theory is used. Three sub-indices, that reflect liquidity stress in specific market segments, are...
Persistent link: https://www.econbiz.de/10013048157
This paper studies what impact liquidity shocks have on liquid assets and domestic and cross-border lending. In particular, we look for differences across banks depending on their international exposure and we account for the effects of the sovereign debt crisis and the ECB's non-conventional...
Persistent link: https://www.econbiz.de/10013026934
Following the sovereign debt crisis, bank interest rates charged to non-financial firms declined sharply in the euro … drop in Italy, 36 out of 160 basis points in core European countries and less than 20 out of 306 basis points in other … vulnerable economies. The key firm characteristic driving the decline in interest rates in Italy and in other vulnerable …
Persistent link: https://www.econbiz.de/10012921953
transformation, which influenced both lending policies and risk management, Italy's mutual banks are faced with the upcoming Basel … III reform. Economic trends continue to exert pressure on the traditional bank business model. The entry into force of …
Persistent link: https://www.econbiz.de/10013082383
In December 2010 the Basel Committee on Banking Supervision published a set of new regulations for banks in response to the financial crisis. This paper aims at evaluating the possible effects of the new framework on banks' available regulatory capital and risk-weighted assets and assessing...
Persistent link: https://www.econbiz.de/10013082457
Il lavoro analizza l'organizzazione dell'attività di prestito delle banche utilizzando i risultati di due indagini riferite al 2006 e al 2009. In questo periodo l'utilizzo di metodologie di rating e scoring è andato diffondendosi anche alle banche più piccole; gli intermediari maggiori hanno...
Persistent link: https://www.econbiz.de/10013082460
committed to the reduction of this phenomenon. The Bank of Italy has a fundamental role in the field of financial inclusion …, and technical cooperation with other central banks. The Bank has been one of the first institutions to draw public …
Persistent link: https://www.econbiz.de/10013067047