and traditional bank payments. I show that Big Tech's capacity for private money creation depends on the FinTech payment … market share, which determines users' tendency to convert FinTech money into bank money. The growing market share of FinTech …

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 …

financing instruments for banks and means of payment for bank customers implies spillover effects of bank lending. After a bank … finances loans with new deposits, the deposit holders' payments cause reserves and deposits to flow from the lending bank to … that generate respectively strategic complementarity and strategic substitution in banks' lending decisions. We model bank …

further split the samples of countries on the basis of the median levels of lending and the deposit rate spread, foreign bank …

interest rate policy period, change in banks' competitive behaviour affected the bank lending channel and discouraged banks …

policy period, change in banks’ competitive behaviour affected the bank lending channel and discouraged banks from taking …

Recent studies of monetary policy in developing countries document a weak bank lending channel based on aggregate data …, volumes and rates, coupled with unanticipated variation in monetary policy. We show that a monetary contraction reduces bank …

Central banks have been considering the introduction of central bank digital currencies (CBDCs). The theoretical … financial stability. To provide empirical evidence on this debate, we study the effects of the arrival of a new central-bank … issued currency on commercial banks in a historical setup. We use the opening of the Bank of Canada in 1935 as a natural …

loan pricing information of a large and multiregional operating bank for which the local competitive environment is … more than 10,000 German firms, we find that a higher degree of local bank competition results in a lower interest margin on … loans. We find weak evidence that a close relationship shields the bank's interest margins from competitive pressure …