development of regional and double-purpose banks, i.e. savings and cooperative banks, mainly account for the differences in the … degree of centralisation. Whereas no such bank exists in the UK any longer and real savings banks in Spain have almost … disappeared, two decentralised banking groups with more than 1,400 savings and cooperative banks dominate business finance in …

apply negative interest rates to corporate deposits. The results suggest that banks that are highly exposed to the negative … interest rate policy (NIRP), i.e. funded by a larger share of household deposits, are more likely to apply negative corporate … deposit rates. Furthermore, I examine whether banks adjusted their fee and commission strategy during the NIRP period and if …

on financial stability and the real economy. We investigate the cyclicality of SME lending by local banks with vs … maximization and a sustainable provision of financial services to local customers. We find that banks with a public mandate are 25 … percent less cyclical than other local banks. The result is credit supply-side driven and especially strong for savings banks …

After the collapse of Lehman Brothers, a rapid and far-reaching shrinkage of international banks’ assets with a focus …

transforms existing financial claims against ultimate borrowers that have been originated by traditional banks. Based on … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …

one banking relationship as long as they account for only a small share of the total loan volume of their banks. The …

in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports …

We use a unique data set that comprises each bank’s bids in the Eurosystem’s main refinancing operations and its … recourse to the LOLR facility (a) to derive banks’ willingness-to-pay for liquidity through a one-week repo and (b) to show … that a bank’s willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

the 26 largest euro area banking groups. Banks with more customer deposits are negatively affected by negative rates, as …We show that negative monetary policy rates induce systemic banks to reach-for-yield. For identification, we exploit … higher returns. Effects are stronger for less capitalized banks, private sector (financial and non-financial) securities and …

customer deposits would have been associated with a higher probability of financial distress for savings banks and credit … banks in the time period between 1995 and 2013, before the Basel III liquidity regulation to address excessive maturity …. Using a dataset that contains information on critical events of German banks, we find that financing loans using fewer …