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Paskolos gavėjo kreditingumo įvertinimas

Aleknevičienė, Vilijatestas; Jatkūnaitė, Dalia - 2005

Rendering of the loans is one of the main activities of commercial banks, giving the largest income, but at the same … time raising the highest risk. Trying to avoid the risk of non-repayment of the loans, to insure the redemption of the loan … in time and to gain a profit as more as possible commercial banks should give the loans only to the reliable clients …

Persistent link: https://www.econbiz.de/10009478970

Development and structuring of commercial mortgage-backed securities in Australia

Chikolwa, Bwembya - 2008

According to the Reserve Bank of Australia (2006) the increased supply of Commercial Mortgage-Backed Securities (CMBS), with a range of subordination, has broadened the investor base in real estate debt markets and reduced the commercial property sector’s dependence on bank financing The CMBS...

Persistent link: https://www.econbiz.de/10009437644

Preferred Stock and the Debt-Equity Hybrid Puzzle: An Analysis Using Credit Ratings

Tse, Senyo (contributor); McAnally, Mary L. (contributor) - 2011

This study investigates the effect of preferred stock on the credit ratings assessed by professional credit analysts. Preferred stock inherently contains both features of debt and equity financing. Hence, the nature of preferred stock has presented a puzzle to the efforts of accounting...

Persistent link: https://www.econbiz.de/10009465160

ESSAYS ON FORCES UNDERLYING 2008 FINANCIAL CRISIS: CREDIT RATING AGENCIES AND INVESTOR SENTIMENT

Alp, Aysun - 2010

The roots of the 2008 financial crisis are often traced back to the collapse of the housing bubble. The factors that precipitated the crisis, and propagated its effects on firms and consumers to produce an economic contraction, are still the subject of ongoing debate among academics, policy...

Persistent link: https://www.econbiz.de/10009450957

Bank credit rating dynamics

Ford, Guy; Sundmacher, Maike - Macquarie University; University of Western Sydney; … - 2007

An increase in the credit rating on an organisation?s debt is generally perceived positively, as higher credit ratings are, in the main, associated with lower perceived volatility in the market value of the assets of the entity that has issued the debt. If banks price their assets to realise a...

Persistent link: https://www.econbiz.de/10009481958

Economic capital, loan pricing and 'ratings arbitrage'

Sundmacher, Maike; Ellis, Craig - University of Western Sydney; University of Western Sydney; … - 2008

loans based on economic capital is preferred to regulatory capital for its ability to better capture the unique risks and …

Persistent link: https://www.econbiz.de/10009482154

Intergrating governance and risk-preference in banking insitutions

Ford, Guy; Sundmacher, Maike; Daly, Kevin James; … - Macquarie University; University of Western Sydney; … - 2005

All banks must hold capital equal to the minimum regulatory requirement. However, in many cases the level of regulatory capital diverges from the actual (economic) capital held by banks. A bank's actual capital is typically linked to a target credit rating, which is in turn determined by the...

Persistent link: https://www.econbiz.de/10009482211

The impact of economic capital on the optimal funding equation for a bank

Ford, Guy; Sundmacher, Maike - Macquarie University; University of Western Sydney; … - 2004

This paper develops a framework for examining the impact of changes in the solvency standard of a bank (target credit rating) on the pricing of bank assets. We show that the decision of a bank to increase its solvency standard increases the price of bank assets to the extent that a bank prices...

Persistent link: https://www.econbiz.de/10009482237

Innovation in Governance: The Case of the Fiji Nursing & Associates Credit Union

Kumar, Nirmala D.; Pathak, Raghuvar D.; Van Gramberg, … - 2007

One of the reasons for the success of Fiji Nursing and Associates Credit Union (FNACU) was through innovation in governance by making amendments to the Credit Union Act to allow for expansion of their membership to paramedics and minors. Cooperatives including credit unions have played a...

Persistent link: https://www.econbiz.de/10009437790

Impediments to microfinancing of smallholder forestry on Leyte Island, The Philippines

Peque, Dennis P. - 2005

to banks, they make loans available to any borrower regardless of the intended use of the money as long as borrowers …

Persistent link: https://www.econbiz.de/10009447887