The aim of this study is to assess the exchange rate risk associated with the Tunisian public debt portfolio through Value-at-Risk (VaR) methodology. We use daily spot exchange rates of the Tunisian dinar against the three main debt currencies, the dollar, the euro and the yen. Our period of...

Les déséquilibres mondiaux sont au coeur des préoccupations de la présidence française du G20 et ont été l’objet du VIe colloque international de la Banque de France qui a rassemblé un panel exceptionnel d’intervenants. William R. White (OCDE) en a fait la synthèse.

Are there so many differences between "conventional" and islamic banking principles in France? French banks are active in islamic banking and finance outside France for years.

Abstract: The purpose of this article is to evaluate the effect of financial intermediation on economic growth in the Democratic Republic of Congo (DRC) during the period from January 2001 to December 2012. The study is based on two econometric approaches to first, the direct approach, using...

This article is striving to present the Basel prudential framework (Basel II and Basel III) following the international financial crisis from 2007 to 2008 and interfer ences with IAS / IFRS-IASB. Clearly these two sites for African banks are structuring projects under the path taken by their...

This article is striving to present the Basel prudential framework (Basel II and Basel III) following the international financial crisis from 2007 to 2008 and interfer ences with IAS / IFRS-IASB. Clearly these two sites for African banks are structuring projects under the path taken by their...

Le début du XXIeme a connu un essor remarquable des marchés financiers, de l’innovation et des processus de déréglementation. L’inflation faible, la liquidité abondante, la confiance dans les marchés efficaces et autorégulateurs ont conduit a une perception généralisée de risque...

Le secteur financier a été le principal moteur de l'économie au cours des deux dernières décennies. Les avantages comparatifs du Luxembourg en matière d'activités financières résident essentiellement dans le caractère évolutif de son cadre législatif et réglementaire ainsi que dans...

In this paper, we identify several shortcomings in the systemic-risk scoring methodology currently used to identify and regulate Systemically Important Financial Institutions (SIFIs). Using newly-disclosed regulatory data for 119 US and international banks, we show that the current scoring...