these operations. Despite a vast literature on the topic, central bank approaches and practices vary considerably. In this …

financial inclusion in Cambodia. Based on a difference-in-difference analysis on bank and microfinance supervisory data, results …

be associated with greater resort to informal financial services compared with formal, bank-based access. This highlights …

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We … first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the … empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for …

). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and … financial soundness, to study the effect on the adoption of several financial products (bank accounts, credit and debit cards …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …

This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in … Europe after the global financial crisis (GFC). We find that the post-GFC recoveries in Europe have been weaker than previous … underperformance. Bank lending has been subdued as well, but this appears to have only held back the recovery relatively moderately. A …

the term sovereign risk. Developments in Europe since early 2010 presented new challenges for the functioning of private … shows that exposure to sovereign risk may have limited the ability of banks in Europe to attract deposits. The results are … robust to inclusion of conventional measures of bank performance and the sector-wide holdings of foreign sovereign debt …