. For example, FX lending to households is virtually non-existent in the Czech is close to 100 per cent of total household … (2) to try to explain these differing patterns in an econometric model. In order to do so, a panel database of household … household FX borrowing depends on the interest rate differential, the institutional features of mortgage financing and the …

heuristic approaches which capture the deviation of a bank's portfolio from a specified benchmark. Conceivable benchmarks are … indicate contradicting results on the individual bank level. Since distance measures are more appealing from a theoretical …, may be misleading. We further find that, despite these differences on the individual bank level, both approaches reveal …

lending behavior and risk sensitivity of a risk-neutral bank. CDS contracts may be used to hedge a bank's credit risk exposure … at a certain (potentially distorted) price. Regulation is found to induce the risk-neutral bank to behave in a more risk … credit risk. Under the substitution approach in Basel II (and III) a risk-neutral bank will over-, fully or under-hedge its …

-data of loans to SME and corporations of an anonymous commercial bank from Central Europe. LGD estimates are important inputs … in the pricing of credit risk and the measurement of bank profitability and solvency. Basel II Advance IRB Approach …

This paper presents the results of an analysis of data on individual bank loans of non-financial corporations in the … single bank, whereas less creditworthy firms and firms in cyclical industries tend to borrow from more than one bank. The … shows that the level of credit risk at bank level decreases in line with the extent to which firms applying single …

firms and banks are subject to moral hazard and monitoring is essential. Multiple-bank lending is optimal whenever the …. The model predicts a greater use of multiple-bank lending when banks are small relative to investment projects, firms are …