technique, the study shows that interbank borrowing has a significant impact on the bank credit, and an inverse relationship …

bank lending and risk-taking channels of monetary policy by exploiting – Italian's unique – credit and security registers …

operating de facto as the global central bank providing international lender of last resort support to the system. It is a …

. In the second, we use the bank-specific regulatory change to estimate credit supply responses from (1) a countercyclical …

studying an extensive dataset of banks' liquidity uptake and pledged collateral in central bank repos. We document systemic … arbitrage whereby banks funnel credit risk and low-quality collateral to the central bank. Weaker banks use lower quality … collateral to demand disproportionately larger amounts of central bank money (liquidity). This holds both before and after the …

financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector …

How do capital and liquidity buffers affect the evolution of bank loans in periods of financial and economic distress … relates macroeconomic aggregates to individual bank balance sheet items and interest rates. We find that banks with high … liquidity buffers also affect bank responses to monetary policy shocks. High bank capitalisation reduces the degree to which …