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Topology of the Hungarian large-value transfer system

Lublóy, Ágnes - Magyar Nemzeti Bank (MNB) - 2006

The paper deals with the topology of the Hungarian large-value transfer system, known as VIBER. The paper is generally descriptive in nature, the goal of the research being the assessment of the payment topology. A graph theoretical framework is applied; the graph representation allows a...

Persistent link: https://www.econbiz.de/10005562372

Operational Disruption and the Hungarian Real Time Gross Settlement System (VIBER)

Lublóy, Ágnes; Tanai, Eszter - Magyar Nemzeti Bank (MNB) - 2008

Central bankers wish to ensure worldwide that large-value transfer systems, as a component of the key market infrastructure, exhibit sufficiently robust levels of operational resilience. We focus on the operational resilience of the Hungarian real time gross settlement system, known as VIBER....

Persistent link: https://www.econbiz.de/10005562376

Household indebtedness and financial stability: Reasons to be afraid?

Holló, Dániel - In: MNB Bulletin 2 (2007) 2, pp. 23-30

relating to the risks of this growth and the long-term sustainability of banking portfolio quality. The continuous monitoring … on the findings of the survey. Our findings suggest that the shock absorbing capacity of the banking sector is sufficient … (i.e. the capital adequacy ratio of the banking system would not fall below the current regulatory minimum of 8 per cent …

Persistent link: https://www.econbiz.de/10005562392

How resilient are Hungarian banks to liquidity shocks?

Balás, Tamás; Móré, Csaba - In: MNB Bulletin 2 (2007) 1, pp. 6-11

For central banks, monitoring banks’ liquidity risk is of great importance from a financial stability perspective. One essential gauge for assessing liquidity risk exposure is whether banks have sufficient liquidity buffers to survive a potential unexpected funding crisis. In this article, we...

Persistent link: https://www.econbiz.de/10005562404

Competition in the Hungarian Banking Market

Móré, Csaba; Nagy, Márton - Magyar Nemzeti Bank (MNB) - 2004

This paper investigates the degree of bank competition in Hungary on various submarkets. An overview of stylised facts on the market structure, pricing behaviour and entry barriers suggests that the degree of competition may be rather different in the individual submarkets. Looking at the...

Persistent link: https://www.econbiz.de/10005562410

Is there a bank lending channel in Hungary? Evidence from bank panel data

Horváth, Csilla; Krekó, Judit; Naszódi, Anna - Magyar Nemzeti Bank (MNB) - 2006

In this paper we analyze the bank lending channel in Hungary. We provide a brief overview of the theory and the empirical approaches used to investigate the existence of bank lending channel. From the possible methods we use the generally applied approach suggested by Kahsyap and Stein (1995)...

Persistent link: https://www.econbiz.de/10005562420

Interest rate pass-through in Hungary

Horváth, Csilla; Krekó, Judit; Naszódi, Anna - Magyar Nemzeti Bank (MNB) - 2004

This paper studies the pass-through from the short-term money market rate to various forint denominated bank rates in Hungary between 1997-2004. The analysis is based on linear and non-linear error correction models (ECMs), using both aggregated and bank level data. According to the linear ECM...

Persistent link: https://www.econbiz.de/10005562429

The Role of Foreign Banks in Five Central and Eastern European Countries

Mérõ, Katalin; Valentinyi, Marianna Endrész - Magyar Nemzeti Bank (MNB) - 2003

During the last decade the development of the banking sectors in CEC5 countries was greatly determined by increasing … presence of foreign banks. Foreign banks played a significant role in privatising, re-capitalising and modernising the banking …

Persistent link: https://www.econbiz.de/10005562435

Credit Elasticities in Less-Developed Economies: Implications for Microfinance

Karlan, Dean S.; Zinman, Jonathan - In: American Economic Review 98 (2008) 3, pp. 1040-68

Policymakers often prescribe that microfinance institutions increase interest rates to eliminate their reliance on subsidies. This strategy makes sense if the poor are rate insensitive: then microlenders increase profitability (or achieve sustainability) without reducing the poor's access to...

Persistent link: https://www.econbiz.de/10005563750

Household Debt and the Tax Reform Act of 1986

Maki, Dean M. - In: American Economic Review 91 (2001) 1, pp. 305-319

Persistent link: https://www.econbiz.de/10005563882