persons based on a core set of harmonised concepts and definitions. Starting with reference data from September 2018, credit …) individual credit exposures falling within the reporting scope. The reporting framework is the outcome of in-depth discussions … Regulation, AnaCredit will, already in Stage 1, significantly enhance the value for analysis on credit and credit risk in the …

results also show that after accounting for financing risks, credit risks, market power and bank business model, our empirical …

Central bank or International Monetary Fund lending should be regarded as a line of credit, analogous to private line-of-credit … products. Contractual provisions in private line-of-credit arrangements are designed to control managerial moral hazard and … provide a means for profit-maximizing lenders to credibly commit to withdraw credit and induce closure when appropriate. The …

The in-house credit assessment systems (ICASs) developed by euro area national central banks (NCBs) are an important … source of credit risk assessment within the Eurosystem collateral framework. They allow counterparties to mobilise as … collateral the loans (credit claims) granted to non-financial corporations (NFCs). In this way, ICASs increase the usability of …

arbitrage whereby banks funnel credit risk and low-quality collateral to the central bank. Weaker banks use lower quality …