risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …

standards change in reaction to two specific macroeconomic developments, namely an increase in bank funding costs and a sudden …. Insofar, we provide evidence of heterogeneity in the bank lending channel, depending on the situation of the lenders and the …

This paper aims to model the probability of a borrower violating an asset value covenant in a shipping bank loan … on the largest dataset of shipping bank loans examined to date. Results reveal that the initial amount of loan over the …-lending financial institutions, since (i) vessel prices serve as the main collateral in bank loan agreements, and (ii) vessel prices are …

-data of loans to SME and corporations of an anonymous commercial bank from Central Europe. LGD estimates are important inputs … in the pricing of credit risk and the measurement of bank profitability and solvency. Basel II Advance IRB Approach … perform better, implying an asymmetric response of the dependent variable. -- credit risk ; bank loan ; loss given default …