Using a novel dataset that combines syndicated loans originated in the Asia Pacific markets with greenhouse gas emission intensity data of borrowers, this study examines whether and to what extent banks in the region have considered climate-related risk in their loan pricing decisions. Our...

As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks’ balance sheets can have very sizeable implications for the transmission of monetary policy. This paper provides an overview of developments in banks’ balance sheets,...

In this paper, we empirically analyze the transmission of realized interest rate risk - the gain or loss in bank economic capital due to movements in interest rates - to bank lending. We exploit a unique panel data set that contains supervisory information on the repricing maturity profiles of...