also to excessive maturity transformation and overindebtedness of financial institutions and to flaws in financial system … agencies or investors. The second part discusses maturity transformation and excessive indebtedness and their implications for … insolvency law. The latter two subjects are introduced in order to reduce the scope for submitting government to blackmail by …

regional factors, the loans' maturity structure is found to drive the bank-wide loss rates in the credit portfolio. (ii) The … nationwide loss rate has the most impact, followed by the maturity structure and the industry composition. (iii) For nationwide … banks, this percentage is less than eight percent. -- Credit risk ; systematic risk ; maturity ; stress tests …