Investor Presentation
... Sør has virtually no exposure to oil & offshore, due to a long-term strategic choice Although the Vest-Agder area is more exposed to oil than average, the bank as a whole is below average, due to the portfolio in Aust-Agder and Telemark The bank's overall property exposure constitutes ~ 68% of ...
... Sør has virtually no exposure to oil & offshore, due to a long-term strategic choice Although the Vest-Agder area is more exposed to oil than average, the bank as a whole is below average, due to the portfolio in Aust-Agder and Telemark The bank's overall property exposure constitutes ~ 68% of ...
Bank Capital and Monitoring: Evidence from Loan Quality Gauri
... the minimum allowed by law, while the smaller banks increased their capital in the period preceding the financial crisis. They attribute this behavior to the moral hazard at the largest banks resulting from too big to fail precedent ...
... the minimum allowed by law, while the smaller banks increased their capital in the period preceding the financial crisis. They attribute this behavior to the moral hazard at the largest banks resulting from too big to fail precedent ...
Norges Bank Working Paper 2012/18
... and repossession can make collateral an expensive separation device. Both the use of collateral to deal with asymmetric information problems and the prevalence of liquidation costs have been empirically documented (see for instance Leeth and Scott (1989), Berger et al. (2011)). Manove et al. (2001) ...
... and repossession can make collateral an expensive separation device. Both the use of collateral to deal with asymmetric information problems and the prevalence of liquidation costs have been empirically documented (see for instance Leeth and Scott (1989), Berger et al. (2011)). Manove et al. (2001) ...
Offering Circular - Church Extension Fund
... public accounting firm in accordance with auditing standards generally accepted in the United States. ...
... public accounting firm in accordance with auditing standards generally accepted in the United States. ...
Official PDF , 36 pages
... SectionI presents some basic accountingdistinctions. SectionII discusses.debt as part of the intertemporal maximization problem of a debtor country and introduces the intertemporal budget constraint and the transversality condition on borrowing. SectionImthen considersborrowing in a recent class of ...
... SectionI presents some basic accountingdistinctions. SectionII discusses.debt as part of the intertemporal maximization problem of a debtor country and introduces the intertemporal budget constraint and the transversality condition on borrowing. SectionImthen considersborrowing in a recent class of ...
Long-Term Financial Capacity of the ADF
... apply differentiated lending terms in line with the debt sustainability capability of each group. Following Deputies’ guidance at the ADF-12 Mid-Term Review on this subject, Management will proceed with the introduction of an accelerated repayment clause and a voluntary prepayment framework for coun ...
... apply differentiated lending terms in line with the debt sustainability capability of each group. Following Deputies’ guidance at the ADF-12 Mid-Term Review on this subject, Management will proceed with the introduction of an accelerated repayment clause and a voluntary prepayment framework for coun ...
Leverage and Disagreement ∗ François Geerolf UCLA
... choose loans which are fully secured according to their beliefs. The leverage ratios of these loans are higher when they are relatively more optimistic. Those higher leverage loans would be attractive to all borrowers if implicit returns on loan contracts were the same, because borrowers would ideal ...
... choose loans which are fully secured according to their beliefs. The leverage ratios of these loans are higher when they are relatively more optimistic. Those higher leverage loans would be attractive to all borrowers if implicit returns on loan contracts were the same, because borrowers would ideal ...
Bond Prospectus of Limited Liability Company
... account that Bonds are not secured by pledge and third parties have not guaranteed for Bonds and Coupon payments related thereto. This section may not feature all the potential risks which may affect the Issuer. 4.2. Changes to regulatory enactments The Issuer operates in Latvia, as well as through ...
... account that Bonds are not secured by pledge and third parties have not guaranteed for Bonds and Coupon payments related thereto. This section may not feature all the potential risks which may affect the Issuer. 4.2. Changes to regulatory enactments The Issuer operates in Latvia, as well as through ...
GERMAN AMERICAN BANCORP, INC. (Form: 10-K
... activities deemed by the FRB to be “closely related to banking.” Under current regulations, bank holding companies and their subsidiaries are permitted to engage in such banking-related business ventures as consumer finance; equipment leasing; credit life insurance; computer service bureau and softw ...
... activities deemed by the FRB to be “closely related to banking.” Under current regulations, bank holding companies and their subsidiaries are permitted to engage in such banking-related business ventures as consumer finance; equipment leasing; credit life insurance; computer service bureau and softw ...
determinants of universal bank lending rate in ghana
... The main purpose of statutory reserve requirements set by the Central Bank is to protect the depositor but this pool of resources allows for financial, fiscal deficit has resulted in financial tax obligation on universal banks. It develops a situation that can create high inflation and continues hig ...
... The main purpose of statutory reserve requirements set by the Central Bank is to protect the depositor but this pool of resources allows for financial, fiscal deficit has resulted in financial tax obligation on universal banks. It develops a situation that can create high inflation and continues hig ...
Macro-prudential policy for residential mortgage lending (CP87
... International Organisation of Securities Commissions (IOSCO)’s 2013 report titled Mortgage insurance: market structure, underwriting cycle and policy implications. The Consultation Paper indicates on page 8 that negative equity is a well documented cause of mortgage defaults. Whilst we agree there i ...
... International Organisation of Securities Commissions (IOSCO)’s 2013 report titled Mortgage insurance: market structure, underwriting cycle and policy implications. The Consultation Paper indicates on page 8 that negative equity is a well documented cause of mortgage defaults. Whilst we agree there i ...
Alfjaneirtnjanjgahjktnm,brazjklhhjkznm
... Use the following to answer questions 22-23: A corporate customer obtains a $5 million line of credit from a bank. The customer agrees to pay a 6% interest rate and agrees to make compensating balances of 5% of the total credit line and 2% of the amount actually borrowed. These will be held in non-i ...
... Use the following to answer questions 22-23: A corporate customer obtains a $5 million line of credit from a bank. The customer agrees to pay a 6% interest rate and agrees to make compensating balances of 5% of the total credit line and 2% of the amount actually borrowed. These will be held in non-i ...
The Hazard Rates of First and Second Default
... rates of default.8 In this analysis we are concerned with determining whether borrowers who reinstate their mortgages face the same default hazard rate as borrowers at origination. The survival and hazard rates (Figures 1 and 2) clearly indicate differences in the underlying pattern of default. The ...
... rates of default.8 In this analysis we are concerned with determining whether borrowers who reinstate their mortgages face the same default hazard rate as borrowers at origination. The survival and hazard rates (Figures 1 and 2) clearly indicate differences in the underlying pattern of default. The ...
Investor Report RBS Citizens Financial Group, Inc. March 31, 2013
... and improved credit. Total revenues (net interest income and noninterest income) of $1.2 billion were down 2.2% from a year ago reflecting challenges in the broader economy and driven by a smaller balance sheet. The low interest rate environment has limited opportunities for spread expansion, which ...
... and improved credit. Total revenues (net interest income and noninterest income) of $1.2 billion were down 2.2% from a year ago reflecting challenges in the broader economy and driven by a smaller balance sheet. The low interest rate environment has limited opportunities for spread expansion, which ...
Pre-Sale Fitch - The Paragon Group of Companies
... The small initial portfolio size at closing could potentially lead to two levels of concentration risk in this transaction. The first emanates at the loan level where any single loan could potentially cause disproportionately larger losses than would be the case in a larger more diversified pool. Th ...
... The small initial portfolio size at closing could potentially lead to two levels of concentration risk in this transaction. The first emanates at the loan level where any single loan could potentially cause disproportionately larger losses than would be the case in a larger more diversified pool. Th ...
indictment_-_hallinanneff
... Columbia, effectively prohibited most forms of payday lending (the “Prohibited Payday Loan States”). For example, in Pennsylvania, the maximum interest rate permissible on personal loans of less than $50,000 was 6 percent per year. An exception existed for lenders licensed with the Pennsylvania Depa ...
... Columbia, effectively prohibited most forms of payday lending (the “Prohibited Payday Loan States”). For example, in Pennsylvania, the maximum interest rate permissible on personal loans of less than $50,000 was 6 percent per year. An exception existed for lenders licensed with the Pennsylvania Depa ...
Default Option Exercise over the Financial Crisis and Beyond
... models. The longstanding assumption of a static negative equity beta can result in significant risk management problems. In that regard, recent studies show substantial underestimation of default risk in an adverse market environment (see, for example, An et al ,2012 and Frame, Gerardi and Willen, 2 ...
... models. The longstanding assumption of a static negative equity beta can result in significant risk management problems. In that regard, recent studies show substantial underestimation of default risk in an adverse market environment (see, for example, An et al ,2012 and Frame, Gerardi and Willen, 2 ...
Short Selling Risk - Rady School of Management
... is the quantity of shares loaned out as a percentage of Loan Supply. Finally, Loan Fee, often referred to as specialness, is the cost of borrowing a share in basis points per annum. We use Loan Fee and Utilization to define two measures of short selling risk. The first measure, Fee Risk, is the nat ...
... is the quantity of shares loaned out as a percentage of Loan Supply. Finally, Loan Fee, often referred to as specialness, is the cost of borrowing a share in basis points per annum. We use Loan Fee and Utilization to define two measures of short selling risk. The first measure, Fee Risk, is the nat ...
The Community Reinvestment Act, Bank
... There’s a need for banks to underwrite loans locally and offer multiple lending products, including Community Land Trust loans; recommends initiating a local housing campaign, with each organization (bank, nonprofit, developer, city, businesses, etc.) committing to a common goal – overall messag ...
... There’s a need for banks to underwrite loans locally and offer multiple lending products, including Community Land Trust loans; recommends initiating a local housing campaign, with each organization (bank, nonprofit, developer, city, businesses, etc.) committing to a common goal – overall messag ...
Benchmarking and Comparing Entrepreneurs with Incomplete
... most of the analysis deals with a single investor and needs not specify the form of the financial contract. Moreover, the benefits of benchmarking are most evident in the finance of new ideas in new markets, where debt contracts are less predominant. Our paper therefore touches the literature on ent ...
... most of the analysis deals with a single investor and needs not specify the form of the financial contract. Moreover, the benefits of benchmarking are most evident in the finance of new ideas in new markets, where debt contracts are less predominant. Our paper therefore touches the literature on ent ...
simmons first national corp
... Decrease in due from banks - time Purchases of premises and equipment, net Proceeds from sale of foreclosed assets held for sale Proceeds from sale of foreclosed assets held for sale, covered by FDIC loss share Proceeds from sale of available-for-sale securities Proceeds from maturities of available ...
... Decrease in due from banks - time Purchases of premises and equipment, net Proceeds from sale of foreclosed assets held for sale Proceeds from sale of foreclosed assets held for sale, covered by FDIC loss share Proceeds from sale of available-for-sale securities Proceeds from maturities of available ...
ICON Leasing Fund Twelve, LLC - corporate
... We write to briefly summarize our activity for the third quarter of 2009. A more detailed analysis, which we encourage you to read, is contained in our Form 10-Q. Our Form 10-Q and our other quarterly, annual and current reports are available in the Investor Relations section of our website, www.ico ...
... We write to briefly summarize our activity for the third quarter of 2009. A more detailed analysis, which we encourage you to read, is contained in our Form 10-Q. Our Form 10-Q and our other quarterly, annual and current reports are available in the Investor Relations section of our website, www.ico ...
2011 Annual Report (Opens in a new Window)
... no significant improvement, and unit sales, other than foreclosed properties, remained at anemic levels. Another big impact on the health of the economy has been continued weak revenue numbers for most businesses. For many of them, sales remain well below pre-recession levels and their ability to do ...
... no significant improvement, and unit sales, other than foreclosed properties, remained at anemic levels. Another big impact on the health of the economy has been continued weak revenue numbers for most businesses. For many of them, sales remain well below pre-recession levels and their ability to do ...
ESSAYS ON LEARNING, INFORMATION, AND EXPECTATIONS IN MACROECONOMICS AND FINANCE
... However, today’s macroeconomists are presented with a plethora of options and a key challenge is to provide tractable and insightful models which are also consistent with the data. This thesis provides both theoretical and empirical contributions to this endeavor. The first chapter focuses on the ro ...
... However, today’s macroeconomists are presented with a plethora of options and a key challenge is to provide tractable and insightful models which are also consistent with the data. This thesis provides both theoretical and empirical contributions to this endeavor. The first chapter focuses on the ro ...
Loan shark
A loan shark is a person or body who offers loans at extremely high interest rates. The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans. Loan sharks sometimes enforce repayment by blackmail or threats of violence. Historically, many moneylenders skirted between legal and extra-legal activity. In the recent western world, loan sharks have been a feature of the criminal underworld.