-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may … for the two main stateowned banks in mid-2012. To foster the credibility of the new tests, the main results and underlying … by ring-fencing impaired assets, which would create conditions for an orderly resolution of non-viable banks and a rapid …

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …

local governments and data from banks. Until 2011, of the outstanding bonds issued during the boom in the local government …

doctrine, whose prime goal is to protect investors against opportunism by banks, limits the involvement of banks in the …

Over the past one and a half years, the amount of credit granted by banks to Hungarian local governments has doubled … an effective restriction on debt, indebtedness in the sector is limited only by the market – i.e. banks’ lending … of coordination are not fully in place in Hungary. Our survey of banks underpins this assumption, revealing that due to …

banks using a non-parametric Monte Carlo re-sampling method following Carey [1998]. Our results are based on a panel data … set containing both loan and internal rating data from the banks’ complete business loan portfolios over the period 1997 … businesses in the sample is rated by both banks, we can generate loss distributions for SME, retail and corporate credit …

been given a central role. Although much research has been done on external ratings, much less is known about banks … the complete business loan portfolios of two Swedish banks and a credit bureau over the period 1997-2000. We study rating … portfolio with identical counterparts, substantial differences in the implied riskiness between banks. Such differences could …

equation we model the bank´s decision to grant a loan, in the second the probability of default. We confirm that banks provide …