Bu çalışmada, küresel finansal kriz sonrası süreçte önemi daha net anlaşılan likidite riskinin piyasalarda neden olduğu belirsizliklerden hareketle, finansal kuruluşlarca konuya ilişkin yapılacak kamuya açıklamanın geliştirilmesine dönük bir likidite stres testi yaklaşımı...

This paper aims to investigate the actual nature of the interest rate pass-through to Turkish cash, automobile, housing and corporate loan rates. Focusing on the possibility of nonlinearity in the adjustment of lending rates due to financial market conditions and monetary policies, we adopt the...

Credit rating is at the heart of conventional loan business and gaining more importance due to a new regulatory environment for capital adequacy. This paper investigates one of the essentials of credit rating, non-financial factors, with a context of informal sectors and regions. We have...

This study aims to discover whether markets take into account the phenomenon known as Too Big to Fail. Using Credit Default Swaps market data, which reflects the risk, markets attribute to banks, we calculate the default probabilities of banks over one, two, and three year periods. These results...

Çalışmamızda, makroekonomik değişkenlerin ülkemizdeki konut kredisi hacmi üzerindeki dinamik etkileri (2005: 01)-(2011: 09) dönemi için analiz edilmektedir. Değişkenler arasındaki uzun/kısa dönemli ilişkilerin araştırılmasında, eşbütünleşme testi/vektör hata düzeltme...

After the 2000-2001 financial crises, the Turkish banking sector experienced a process of concentration, with the tendency for merger and acquisition activities, the revocation of licenses and the liquidation of some insolvent banks. This paper assesses the competitive structures in the Turkish...

Over many decades, numerous cross-country studies and policy papers have argued that banks are not interested in lending to small and medium-sized enterprises (SMEs). In recent years, the visible transformation in the way that many banks are conducting business with SMEs suggests that a paradigm...

Turkish Banking Act exempts certain bank mergers from the Turkish merger control regime. With this legislation, a large number of the potential bank merger are exempted from obtaining the permission from the Turkish Competition Authority. Turkish Competition Authority and international...

After the systemic effects of bank defaults during the recent financial crisis, and despite a huge amount of literature over the last years to detect systemic risk, no standard methodologies have been set up until now. We aim to build a concise but comprehensive picture of the state of the art,...

In this paper, we analyze the price setting behavior of banks in the Swiss franc repo market by means of network topology concepts and measures. The sample ranges from October 1999 to December 2009. Hence, it covers a large part of the money market turmoil that started in August 2007. Among...