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We develop a macroeconomic portfolio stress test that is specifically geared towards small and medium-sized banks. We combine a credit risk stress test which simulates credit impairments via a CreditMetrics type multi-factor portfolio model with an income stress test in the form of dynamic panel...
Persistent link: https://www.econbiz.de/10011308474
Germany's bank-based financial system provides a high level of financial inclusion, measured by bank outreach and use … implementing the right to a basic bank account with an overdraft facility and protection against attachment, establishing public …
Persistent link: https://www.econbiz.de/10010532087
commercial bank, the authors choose Archimedean Copula to fit the default relationship between loans, combined with the loss …
Persistent link: https://www.econbiz.de/10012175768
Small business lending has historically been very local, but distances between small businesses and their lenders have steadily increased over the last forty years. This paper investigates a new lending strategy made possible by distant small business lending: industry specialization. Using data...
Persistent link: https://www.econbiz.de/10012230524
problem of asymmetric information, particular in SME lending. Moreover, connections to other socio-political aspects must be … regulation and Europeanisation of supervision, however, -so far neglecting differences in risk profiles and bank sizes … Problem asymmetrischer Informationen besser überwinden, insbesondere bei der Kreditvergabe an KMU. Darüber hinaus sind weitere …
Persistent link: https://www.econbiz.de/10012153544
budgeting and decision making for SMBs strategic planning, prove to be a critical process for the overall bank efficiency. With …
Persistent link: https://www.econbiz.de/10012153569
, insbesondere für KMU, und (e) die Verknüpfungen zwischen Diversität im Bankensektor (Finanzsektor) und nichtfinanzieller, "realer …
Persistent link: https://www.econbiz.de/10012153580
hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …
Persistent link: https://www.econbiz.de/10011697389
indeed share SMEs' credit risk of lending in order to help raise bank efficiency. …
Persistent link: https://www.econbiz.de/10011779564
Medium Enterprises (SME), their probability to export (i.e. the extensive margin) and their share of exports on total sales …'s debt with its main bank to firm's total assets. Our results show that the strength of the bank-firm relation has a positive … impact on both SME's probability to export and their export margins. This positive effect is only marginally mediated by the …
Persistent link: https://www.econbiz.de/10011774346