. However, bank customers will only turn to the new business model of web-based financial intermediation if the economic …

European Central Bank's Financial Stability Committee Working Group on Stress Testing (WGST). Over a four-year period, the WGST …

This paper studies how banks simultaneously manage the two sides of their balance sheet and its implications for bank … risk taking and real economic activity. First, we analyze how changes in funding affect the supply of bank loans. We then …

of the banking union. The Bank Recovery and Resolution Directive (BRRD) represents an important milestone in the … opposite principle of bail-in, which makes the bank recapitalized from the internal resources at the detriment of investors and …

reserves and lend to each other. Our systemic perspective points to these featuring dimensions of ongoing bank activity. Our … model considers bank activity process within each bank entity and across entities. Each bank keeps currency money in bank … deposits on behalf of other agents. But the bank activity is further characterised by the capacity or privilege to use these …

banking system penetration promotes financial inclusion-notably, access to bank credit and to formal credit. The results of …

Der Beitrag von Institutionen-Vielfalt im Finanzsektor zu nachhaltigem Wachstum und Finanzstabilität - insbesondere die …

This article analyses the effects of the bank restructuring process performed in Spain between 2010 and 2016. First, we … Bank of Spain. Second, we investigate whether these reforms affected (i) the stability, (ii) the degree of competition, and … instability. On the other hand, the increasing bank market power fostered financial stability (i.e., lower risk-taking behaviour …