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widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …
Persistent link: https://www.econbiz.de/10014437040
We find that the level of bank herding in real estate loans during boom period is substantially higher than the level … of bank herding in commercial and industrial loans or consumer loans. More importantly, we find that bank herding … find bank herding interacts with boom period to provide a stronger predictive power of systemic risk to next period beyond …
Persistent link: https://www.econbiz.de/10012889250
markets. The impact of GFC on bank efficiency and shareholder value creation is assessed for 29 large banks in the USA, UK … bank efficiency and shareholder value during 2008-09. A significant relationship between profit efficiency and shareholder … value and cost efficiency. Important determinants of shareholder value and bank efficiency are also identified, which …
Persistent link: https://www.econbiz.de/10012913163
important private bank in Algeria in the face of liquidity risk. Our empirical analysis adopts a bottom-up approach based on an … accounting method. It studies the relationship between the bank solvency ratio (ratio cook) and bank portfolios, such as loans to … the construction, trade, industry, and automotive sectors. Microeconomic stress tests assess the credit risk of a bank …
Persistent link: https://www.econbiz.de/10012793520
more opaque firms, for which a long-term relationship with their main bank has been the most effective way of overcoming …
Persistent link: https://www.econbiz.de/10012963383
We study the transmission of bank distress to nonfinancial firms from 34 countries during the 2007-2009 financial … crisis using systemic and bank-specific shocks. We find that bank distress is associated with equity valuation losses and … weakest financial positions. Our findings suggest that public debt markets do not mitigate the effects of relationship bank …
Persistent link: https://www.econbiz.de/10013038497
, including variables at the individual firm (e.g. bank) level, to be explored. The analysis covers overall US dollar issuance as …. Bank-specific variables are also relevant drivers of US dollar debt issuance: banks with higher asset growth, with a … banking subsidiary in the United States and with a high credit rating are more likely to issue in US dollars than others. Bank …
Persistent link: https://www.econbiz.de/10012987308
Persistent link: https://www.econbiz.de/10012989969
This paper examines the effects of state ownership and government interventions on lending behavior and capitalization of banks over the period 2005-2011. Using data from the highly state-influenced Russian banking sector, it is documented that the relationship between state ownership and...
Persistent link: https://www.econbiz.de/10012937756
In this paper we empirically analyze the determinants of bank default risk (measured by the banks' CDS spreads) for … European banks during the period 2008-2018. We examine the effect of (1) bank business model characteristics, (2) sovereign … document that accommodative ECB actions in general lower bank default risk. We also show that the downward effect of monetary …
Persistent link: https://www.econbiz.de/10012834126