The employment and social impact of the global financial and sovereign European crises has been particularly severe in the Euro-Mediterranean region. Southern, Eastern and Northern Mediterranean countries have all been experiencing a prolonged employment crisis, whereas the improving employment...

The global financial crisis underscored the importance of regulation and supervision to a well-functioning banking system that efficiently channels financial resources into investment. In this paper, we contribute to the ongoing policy debate by assessing whether compliance with international...

In this changing context of evolving market structures and regulations, the bank business models analysis can provide market participants, depositors, creditors, regulators and supervisors with a useful tool to better understand the nature of risk attached to each bank business model and its...

This paper has three main aims. First, by applying the Ayadi et al. (2016) approach, we provide fresh evidence of different levels of bank risk (measured by the distance to default), considering the possible specificities across business models of European banking. Second, we try to explain...

The global financial crisis underscored the importance of regulation and supervision to a well-functioning banking system that efficiently channels financial resources into investment. In this paper, IRCCF Director Rym Ayadi, members of the IRCCF scientific board Sami Ben Naceur and Barbara Casu...

This study assesses whether lending to SMEs could and should be one of the conditions for a bank to qualify to receive State aid. The assessment consists of a legal and an economic part. In the legal part the possibilities to apply the conditionality to State aid are explored. The economic part...

IRCCF Director, Professor Rym Ayadi, contributed to the second issue of the journal “European Economy” dedicated to banks, regulation and the real sector. Entitled “Who takes the risks for funding SMEs?” the issue was launched on October 27 during a Round Table at the Italian Senate....

CEPS and the International Observatory on Financial Services Cooperatives (IOFSC) at HEC Montreal have initiated an annual monitoring exercise on banking business models in the EU. Based on their balance sheet structures, 147 European banks that account for more than 80% of the industry assets...

This study comes in response to the continuing evolution of market structures and regulatory overhaul since the financial crisis of 2007-2009 in the US. The banking sector has largely suffered after the collapse of Lehman Brothers in September 2008. The initial context of decades of deregulation...