Theoretical principles and practical advice on the formation of reserves on active operations of banks were considered. The main differences were identified between Regulation No. 23 "About the formation and use of Ukrainian banks’ reserves to offset possible losses from active banking...

We examine the impact CDS protection on lending relationships and efficiency. CDS insulate lenders against losses from forcing borrowers into default and liquidation. This improves the credibility of foreclosure threats, which can have positive implications for borrower incentives and credit...

Following the 2009 recession, a turnaround in corporate lending has not occurred in Hungary. Therefore, the risk of the phenomenon known in the literature as a creditless recovery has risen significantly. Based on empirical analyses, a creditless recovery leads to a slower and protracted...

Escalation of the global financial crisis in autumn 2008 ended the economic boom in the Central and East European region, which had been financed by external funds and accompanied by dynamic expansion in credit. During the recession, corporate loan portfolios started to decline in nearly all...