through diversification. In recent years, the development of markets for credit securitization and credit derivatives has … are quite severe. A potential successful application of credit securitization and credit derivatives for managing credit …Banks increasingly recognize the need to measure and manage the credit risk of their loans on a portfolio basis. We …

exchange-rate-induced credit risk to European banking sectors. In particular, Swiss franc (CHF)-denominated loans, popular in … awareness of the exchange-rate-induced credit risk they face. …

This study examines the role of loan guarantees in lines of credit granted to small businesses. Since there is evidence … credit and that loan guarantees and collateral are to some extent substitutes in that loans guarantees are a close substitute …

This paper aims to determine the role of the expected credit loss approach as defined in IFRS 9 in the effects of … credit loss approach, the links between loans growth and the capital ratio were enhanced. In particular, lending growth is …

We examine the impact of credit default swaps (CDS) on lending relationships and credit market efficiency. CDS insulate … threats, which can have positive implications for borrower incentives and credit availability ex ante. However, lenders may … credit constraints and be detrimental to welfare. Our analysis yields a number of empirical implications, some of which have …

The information asymmetry between the borrower and the lender is a well-studied issue in the credit contracts. Various … mechanisms (credit rationing, short-term debt, relationship banking, collateralization) have been discussed in the literature to … reduce the asymmetry. This paper examines the role of credit line in reducing the information asymmetry through better risk …

The information asymmetry between the borrower and the lender is a well-studied issue in the credit contracts. Various … mechanisms (credit rationing, short-term debt, relationship banking, collateralization) have been discussed in the literature to … reduce the asymmetry. This paper examines the role of credit line in reducing the information asymmetry through better risk …