Narrow search
Showing 1 - 10 of 4,611
Cover Image
Intermediary-Based Loan Pricing
Mabille, Pierre; Wang, Olivier - 2021
drive the dynamic incidence of credit crises through impact and persistence …
Persistent link: https://www.econbiz.de/10013311061
Cover Image
Lending Relationships and the Pricing of Syndicated Loans
Zhang, Donghang - 2020
Using a new dataset on syndicated loan primary market pricing adjustments, we examine whether relationship banks' information advantage facilitates price discovery in loan issuances. We find that the lead bank makes fewer adjustments to the initial pricing terms of a syndicated loan and shortens...
Persistent link: https://www.econbiz.de/10012844132
Cover Image
Credit valuation adjustment modelling during a global low interest rate environment
Macek, Petr; Teplý, Petr - 2015
the global over-the-counter (OTC) derivatives markets, where significant counterparty credit risk prevails. In this paper …, we deal with risk under Basel III banking regulation and provide credit valuation adjustment (CVA) modelling, which is a … measure of the market value of counterparty credit risk. We use simulated data to develop a stress test model to determine the …
Persistent link: https://www.econbiz.de/10010468530
Cover Image
Differences between Loans Granted by Commercial and Development Banks : A Cross-Sectional Analysis of Interest Rate Margins
Huidobro, Alberto - 2015
This paper compares the effects of a set of factors that influence the interest rate margins charged on loans granted by commercial and development banks to private businesses in Mexico. Our database comprises more than 330 000 records of outstanding loans on December 2007. By means of WLS and...
Persistent link: https://www.econbiz.de/10013030400
Cover Image
Do Multiple Credit Ratings Affect Syndicated Loan Spreads?
Drago, Danilo - 2019
We analyse whether soliciting multiple ratings leads to lower syndicated loan spreads. Our results document that banks apply, on average, lower spreads to multi-rated firms. This effect depends on the reduction of information asymmetry about borrowers' creditworthiness (information production...
Persistent link: https://www.econbiz.de/10012900023
Cover Image
Loan loss pprovision : some empirical evidence for Italian banks
Caporale, Guglielmo Maria; Alessi, Matteo; Di Colli, Stefano - 2015
This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management, signalling) or non-discretionary (related to the business...
Persistent link: https://www.econbiz.de/10010496145
Cover Image
Do macroprudential policy instruments reduce the procyclical impact of capital ratio on bank lending? : cross-country evidence
Olszak, Małgorzata; Roszkowska, Sylwia; Kowalska, Iwona - In: Baltic journal of economics 19 (2019) 1, pp. 1-38
In this paper, we ask about the capacity of macroprudential policies to reduce the procyclical impact of capital ratio on bank lending. We focus on aggregated macroprudential policy measures and on individual instruments and test whether their effect on the association between lending and...
Persistent link: https://www.econbiz.de/10012010272
Cover Image
Cross country heterogeneity of procyclicality of bank loans : evidence from OECD countries using the SURE model
Pipień, Mateusz; Anand, Abhisek - In: Journal of banking and financial economics 20 (2023), pp. 93-110
Procyclicality of credit supply, which refers to the simultaneous movement of credit issued to the non-financial sector …. The impact of credit supply on the financial and real sectors may vary across different economies, and the …
Persistent link: https://www.econbiz.de/10014515568
Cover Image
FinTech Marketplace Lending, Default Risk, and the Business Cycle
Azizaj, Eris - 2021
This paper explores default in the FinTech marketplace lending market using a dataset of both extensive credit and soft … conditions play a role in consumer default and should be taken into consideration when assessing credit risk. I show that lenders …
Persistent link: https://www.econbiz.de/10013242456
Cover Image
Distance effects in CMBS loan pricing : banks versus non-banks
Eichholtz, Piet; Ongena, Steven; Yönder, Erkan - 2019
Comparing banks to non-bank lenders, we investigate whether the geographical distance between lenders, borrowers and their properties is reflected in the pricing of US mortgages that were included in US CMBS pools during the 2000 to 2017 period. The difference in loan spread when bank-borrower...
Persistent link: https://www.econbiz.de/10012134672