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 …

instruments to study international spillovers of prudential policy changes for bank lending growth. The collective analysis has … three main findings. First, prudential instrument effects sometimes spill over across borders through bank lending. Second …, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank-specific factors like balance …

bonds at the expense of lending to the real sector. To quantify the effect of this distortion, we build a standard RBC model … policy makes the steady state lending spread on loans to firms decline, stimulating investment and output. Also, it … stabilises the lending spread, leading to a lower volatility of investment and output. …

Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and … for public finances. Regimes for the restructuring and resolution of banks, financed by bank levies and fiscal backstops …, seek to reduce these costs. Bank levies attempt to internalize systemic risk and to increase the costs of leverage. This …

This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in … lending can be explained by a shift in credit towards both export-intensive firms and small banks without foreign asset …

We investigate how banks' capital and lending decisions respond to changes in bankspecific capital and disclosure … requirements. We find that an increase in the bankspecific regulatory capital requirement results in a higher bank capital ratio …, brought about via less asset risk. A decrease in the requirement implies more lending to firms but also less Tier 1 capital …

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. …