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There is much discussion today about a possible digital euro (PDE). Is this attention exaggerated? Are "central bank digital currencies" (CBDCs) "a solution in search of a problem", as some have argued? This article summarizes the main facts about the PDE and concludes that, if the decision on...
Persistent link: https://www.econbiz.de/10014282722
Banking services for individuals, businesses and even sovereign states have existed in various forms for thousands of years (from Sumerian times in Mesopotamia, 24 centuries BC1). To achieve this, financial institutions have had to rely on risk measurement tools which, for a very long time, were...
Persistent link: https://www.econbiz.de/10014546841
The EU plans to revise the capital adequacy rules for banks in 2025. Regulatory amendments will be introduced in Norway … for small and medium-sized banks (SA banks). This may enable SA banks to offer cheaper loans. The new rules will have … limited implications for the largest Norwegian banks (IRB banks), but they may contribute to more equal and comparable capital …
Persistent link: https://www.econbiz.de/10014551650
The EU plans to revise the capital adequacy rules for banks in 2025. Regulatory amendments will be introduced in Norway … for small and medium-sized banks (SA banks). This may enable SA banks to offer cheaper loans. The new rules will have … limited implications for the largest Norwegian banks (IRB banks), but they may contribute to more equal and comparable capital …
Persistent link: https://www.econbiz.de/10014551730
The 2019 revision to the Capital Requirements Directive allowed the systemic risk buffer to be applied on a sectoral basis in the European Union. Since then an increasing number of countries have implemented the new tool, primarily to address vulnerabilities in the residential real estate...
Persistent link: https://www.econbiz.de/10014565174
banks (rather than securities markets), which results in excessively volatile credit creation and lower economic growth …. Third, large universal banks - which perform a wide range of banking services, and are peculiarly common in Europe … - contribute more to systemic risk than small and narrowly focused banks. To deal with these problems, policymakers should consider …
Persistent link: https://www.econbiz.de/10011984890
1) Are Italian mutual banks efficient? Evidence from two different cost frontier techniques, by Juan Sergio Lopez …, Alessandra Appenini, and Stefania P.S. Rossi. The aim of the first paper is to analyze the efficiency of co-operative banks in … small financial institutions that used to operate in a more protected environment. Based on a panel of about 450 banks …
Persistent link: https://www.econbiz.de/10011689899
This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders … and regulators, which distinguishes banks from most other firms. The essay is structured into three parts. The theoretical …
Persistent link: https://www.econbiz.de/10011689905
The investigation of the sequencing of liberalization in the EU financial services industry is the primary object of this study. The relevance of the EU model for financial liberalization is threefold. First, the EU route towards liberalization in financial services could be regarded as a...
Persistent link: https://www.econbiz.de/10011689908
during the financial crisis as well as the recent developments of Italian banks, these results not only concern the US, but …
Persistent link: https://www.econbiz.de/10011730627