interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets … market rates. As low profitability could hamper the ability of banks to expand lending, I also investigate the impact of the … NIM on new lending to the non-financial private sector. In general, the NIM is positively related to lending: When lending …

We study the implications of the Eurosystem's expanded Asset Purchase Programme (APP) for the bank lending business of … the Eurosystem's Bank Lending Survey, we identify the exposure of banks to the APP and corresponding effects on loan … confidential bank-level data on quantitative balance sheet items and interest rates as well as on qualitative survey responses to …

explained better by a bank's current balance sheet composition, the longer the forecast horizon. The opposite holds for banks …

crisis and the coronavirus pandemic. From mid-2013 to 2015-16, the monetary policy pass-through to the bank lending rate … interest rate pass-through to bank retail rates following conventional and unconventional monetary policy shocks. The median … monetary policy shocks grows substantially since the onset of unconventional measures in 2011, changes in bank retail rates …

Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is … reduces their ability to lever up and weakens their lending standards. …

Exploiting confidential data on individual German bank balance-sheets, I analyse what characterises a bank that opts to …

transformation seem to account for a much smaller share (about 20%) of the median bank’s net interest margin. …