We examine whether banks manage firms’ climate transition risks via corporate loan securitization. Results show that … that lowers transition risk, we show that banks respond by a lower securitization of loans given to firms that become more … banks are more likely to securitize loans granted to firms that become more carbon-intensive. The effect is more pronounced …

This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate … debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but …

This paper derives a bank capital allocation model and applies it in the determinants of securitization. According to … Bank for International Settlements (BIS), banks are required to prepare regulatory capital for investment and loans, based … securitization to maximize utility. To derive a bank capital allocation model, HJB equation in control theory and a specific utility …

intervals. The model in this paper is in interest of any bank and in particular of banks with a higher fraction of NPLs in their …The purpose of this paper is to derive a model for calculation of maturities and volumes of repayments that a bank may …. Accuracy of derived model depends upon available data in banks about NPLs by corporate sectors and recovery rates by time …