documents a growing role of non-bank financial intermediaries in the provision of credit to NFCs. After exploring supply and … reallocation of credit to other sectors or assets. This could generate greater systemic risk through unsustainable valuations or … macroprudential framework for non-bank financial intermediaries and calls macroprudential authorities to closely monitor the NFC …

The importance of credit in the monetary transmission mechanism has recently attained a lot of attention due to a … growing understanding that credit market imperfections can have an impact on the monetary policy effectiveness. In this study … credit in the Polish monetary policy transmission. Papers on the role of credit in the money transmission mechanism (MTM) in …

credit crunch. Evidence of an increased sovereign-bank nexus highlights risks to macro-financial stability, especially as …During the pandemic, African banks rebalanced their portfolio towards sovereign assets, and crowding out of credit to … private sector intensified. Policy support, however, averted a credit crunch. The increase in public debt across Africa due to …

indicators (such as accounting ratios and credit ratings) to detect whether the market tracks bank risk. This approach overlooks …Accurate measurement of bank risk is a matter of considerable importance for bank regulation and supervision. Current …. Market monitoring of bank risk has typically been tested by regressing market-based risk indicators on various benchmark …

will be included in Norges Bank's assessment of vulnerabilities and risks in the Norwegian banking system. In addition to … are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for … estimating losses on corporate loans built up from microdata for each firm and loan in each bank. Losses are estimated using a …

will be included in Norges Bank's assessment of vulnerabilities and risks in the Norwegian banking system. In addition to … are therefore important in the assessment of financial stability. This paper presents Norges Bank's framework for … estimating losses on corporate loans built up from microdata for each firm and loan in each bank. Losses are estimated using a …

This occasional paper explains why the bank lending survey was developed by the ECB and describes its main features. It … discusses the importance of credit developments for both the economy and the functioning of monetary policy, and further … clarifies why the survey was introduced. Furthermore, the paper demonstrates that the value added of implementing a bank lending …