The influence of macroeconomic developments on Austrian banks
... interest rates) and indirectly (eg via their customers) dependent on the state of the economy. The main findings for the 1990s in Austria are as follows. Austrian banks increase risk provisions in times of falling real GDP growth rates and in times of rising bank operating income or operating result ...
... interest rates) and indirectly (eg via their customers) dependent on the state of the economy. The main findings for the 1990s in Austria are as follows. Austrian banks increase risk provisions in times of falling real GDP growth rates and in times of rising bank operating income or operating result ...
Did the Basel Process of Capital Regulation Enhance the Resiliency
... Keywords: bank capital, systemic risk, contagion, resilience ...
... Keywords: bank capital, systemic risk, contagion, resilience ...
Download attachment
... first cracks appear, by which time it is too late. In the case of LTCM the process worked wonderfully while the market was orderly. When the Russian government defaulted on $40 billion of its domestic bonds this caused a contagion or panic effect. Investors sold off less liquid foreign government bonds ...
... first cracks appear, by which time it is too late. In the case of LTCM the process worked wonderfully while the market was orderly. When the Russian government defaulted on $40 billion of its domestic bonds this caused a contagion or panic effect. Investors sold off less liquid foreign government bonds ...
three essays on financial intermediation and growth
... This dissertation would not have been complete without the intellectual support of my advisor Professor Paul Evans. His patience and encouragement helped me overcome many obstacles during my life as a graduate student, for which I am deeply indebted. I am also grateful to Professor Huston McCulloch, ...
... This dissertation would not have been complete without the intellectual support of my advisor Professor Paul Evans. His patience and encouragement helped me overcome many obstacles during my life as a graduate student, for which I am deeply indebted. I am also grateful to Professor Huston McCulloch, ...
Banking and Asset Prices ∗ Christine A. Parlour Richard Stanton
... associated with low real growth rates. Our model of the banking sector follows both Diamond and Rajan (2000) and Holmstrom and Tirole (1997). Projects are subject to systematic risk and industry-specific jump risk. In certain industries, cash constrained owner managers can hire an expert to affect the ...
... associated with low real growth rates. Our model of the banking sector follows both Diamond and Rajan (2000) and Holmstrom and Tirole (1997). Projects are subject to systematic risk and industry-specific jump risk. In certain industries, cash constrained owner managers can hire an expert to affect the ...
does islamic bank performance differ by region?
... positively in the other regions. A high non-interest earning assets/ta appears to lower profits in the Middle Eastern region while it has a positive impact on profits in North Africa and on return on equity in South Asia. GDP growth is a determinant of profitability in Middle East and North Africa, ...
... positively in the other regions. A high non-interest earning assets/ta appears to lower profits in the Middle Eastern region while it has a positive impact on profits in North Africa and on return on equity in South Asia. GDP growth is a determinant of profitability in Middle East and North Africa, ...
Determinants of Banking System Fragility: a regional perspective
... when capital levels are higher than a threshold of around 7%. Regarding the impact of banking competition, our findings are supportive of the competition-stability view in most regions as an increase in competition in the banking industry significantly reduces the probability of joint occurrences of ...
... when capital levels are higher than a threshold of around 7%. Regarding the impact of banking competition, our findings are supportive of the competition-stability view in most regions as an increase in competition in the banking industry significantly reduces the probability of joint occurrences of ...
Financial Engineering and Islamic Banks` contribution to economic
... unemployment by boosting construction and house building activities in society and generally any manufacturing activity using Islamic modes of finance. ...
... unemployment by boosting construction and house building activities in society and generally any manufacturing activity using Islamic modes of finance. ...
Banks, Government Bonds, and Default: What do the Data Say?
... demand for credit goes down because these events occur together with recessions, devaluations, and other adverse shocks. Hence, it is not bondholdings or default per se that matter for lending; ...
... demand for credit goes down because these events occur together with recessions, devaluations, and other adverse shocks. Hence, it is not bondholdings or default per se that matter for lending; ...
Bank and sovereign risk feedback loops
... e¢ cient tool to stabilize spiralling feedback loops between banks and the …scal authorities. Drechsler et al. (2013) study the reasons behind the heterogeneous take up of long-term re…nancing operations (LTROs) among European banks. They document that banks where this take up was larger also featu ...
... e¢ cient tool to stabilize spiralling feedback loops between banks and the …scal authorities. Drechsler et al. (2013) study the reasons behind the heterogeneous take up of long-term re…nancing operations (LTROs) among European banks. They document that banks where this take up was larger also featu ...
Impact of the Payment of Interest on Demand Deposits
... 1933, banks as a group have still had to bid for the demand deposit funds of the public in competition with other highly liquid financial assets. ...
... 1933, banks as a group have still had to bid for the demand deposit funds of the public in competition with other highly liquid financial assets. ...
investment banking outline
... a. limited retail deposits so purchased on money mrkt by selling CD’s or borrowing from fed b. bankruptcy of another bank to which it had made loans, dried up US retail deposits c. replaced deposits from Euromrkt - more expensive d. nonperforming loans e. bailed out by FDIC but shareholders lost out ...
... a. limited retail deposits so purchased on money mrkt by selling CD’s or borrowing from fed b. bankruptcy of another bank to which it had made loans, dried up US retail deposits c. replaced deposits from Euromrkt - more expensive d. nonperforming loans e. bailed out by FDIC but shareholders lost out ...
A comparative technical, cost and profit efficiency
... a low CAR can indicate moral hazard behaviour. Thus, banks with a low CAR may prefer high risk– return activities. Thus, the bank may appear very efficient in the short term, but could subsequently suffer a positional loss because of risky investments in the longer term. The four-bank concentration ...
... a low CAR can indicate moral hazard behaviour. Thus, banks with a low CAR may prefer high risk– return activities. Thus, the bank may appear very efficient in the short term, but could subsequently suffer a positional loss because of risky investments in the longer term. The four-bank concentration ...
Financial Markets, Banks` Cost of Funding, and Firms` Decisions
... insignificant, after controlling for the market-based cost-of-funding measures. Among the bank cost-of-funding measures used in our empirical work, the banks’ CDS spread dominate Tobin’s Q, suggesting that debt, rather than equity, is the marginal source of funding for the banks in our sample, and t ...
... insignificant, after controlling for the market-based cost-of-funding measures. Among the bank cost-of-funding measures used in our empirical work, the banks’ CDS spread dominate Tobin’s Q, suggesting that debt, rather than equity, is the marginal source of funding for the banks in our sample, and t ...
Download attachment
... whether an activity constitutes part of the business of banking, the Comptroller may “look beyond the label given to a certain activity to determine whether or not it is permissible.” Id. The court then upheld the Comptroller’s determination that a national bank’s issuance of standby letters of cred ...
... whether an activity constitutes part of the business of banking, the Comptroller may “look beyond the label given to a certain activity to determine whether or not it is permissible.” Id. The court then upheld the Comptroller’s determination that a national bank’s issuance of standby letters of cred ...
Receivables
... This is also called the income statement approach. It is based on prior experience of the business. It is computed as a percentage of credit sales. It ignores the current balance of the allowance ...
... This is also called the income statement approach. It is based on prior experience of the business. It is computed as a percentage of credit sales. It ignores the current balance of the allowance ...
chapter-iv - Shodhganga
... since 1980, but the assets of these banks have gone upto 20% in 2007. The total banking assets constitute more than 92% of GDP at the end of March 2008, and the commercial banking assets constitute more than 95% of total banking assets. Even though the number of foreign banks have gone up significan ...
... since 1980, but the assets of these banks have gone upto 20% in 2007. The total banking assets constitute more than 92% of GDP at the end of March 2008, and the commercial banking assets constitute more than 95% of total banking assets. Even though the number of foreign banks have gone up significan ...
Bank Capital and Monitoring: Evidence from Loan Quality Gauri
... and Rajan (2000), higher capital by providing a cushion, shields the bank manager from market discipline (a run by the depositors) allowing the manager to underinvest in monitoring and hence, higher capital adversely affects the value of bank’s loan portfolio. Overall, the above mentioned studies i ...
... and Rajan (2000), higher capital by providing a cushion, shields the bank manager from market discipline (a run by the depositors) allowing the manager to underinvest in monitoring and hence, higher capital adversely affects the value of bank’s loan portfolio. Overall, the above mentioned studies i ...
Chapter 8 Money, Inflation, Growth, and Cycles
... Money supply and money demand .................................................................................4 Money as a social institution .........................................................................................4 Why don’t the Ramsey and Diamond economies need money? ......... ...
... Money supply and money demand .................................................................................4 Money as a social institution .........................................................................................4 Why don’t the Ramsey and Diamond economies need money? ......... ...
Relationship lending - European Investment Bank
... banks, termed relationship lending.2 Relationship lending exists all over the world, including market-oriented banking systems such as the United States.3 Within the European Union, one of the countries where relationship lending is supposed to be especially prevalent is Germany, often cited as the ...
... banks, termed relationship lending.2 Relationship lending exists all over the world, including market-oriented banking systems such as the United States.3 Within the European Union, one of the countries where relationship lending is supposed to be especially prevalent is Germany, often cited as the ...
Monitoring Matters: Debt Seniority, Market Discipline and Bank
... average state bank’s return on equity increases by 4%. Are the effects we attribute to changes in the priority of the claim structure really causal? Using bankfixed effects that net out any unobserved time-invariant bank-specific heterogeneity mitigates omitted variable concerns. Likewise, state-qua ...
... average state bank’s return on equity increases by 4%. Are the effects we attribute to changes in the priority of the claim structure really causal? Using bankfixed effects that net out any unobserved time-invariant bank-specific heterogeneity mitigates omitted variable concerns. Likewise, state-qua ...
2nd DFD_Beikos - Institutional capacity and cooperation
... SME financing has been reinforced as one of the priority objectives of the EIB Group since 2005 The role of the EIB Group is to facilitate access to finance for SMEs at better financial conditions: • channel increased funding sources and intensifying our partnership with the banking sector • provide ...
... SME financing has been reinforced as one of the priority objectives of the EIB Group since 2005 The role of the EIB Group is to facilitate access to finance for SMEs at better financial conditions: • channel increased funding sources and intensifying our partnership with the banking sector • provide ...
Creating a Sovereign Monetary System
... More than 97% of the money used by people and businesses in the UK is created by commercial, or ‘high-street’, banks. Less than 3% is created by the state or central banks (such as the Bank of England). A similar situation exists in most countries around the world. Banks create new money, in the for ...
... More than 97% of the money used by people and businesses in the UK is created by commercial, or ‘high-street’, banks. Less than 3% is created by the state or central banks (such as the Bank of England). A similar situation exists in most countries around the world. Banks create new money, in the for ...
Dubai Islamic Bank Pakistan Ltd.
... faith-based clientele in the country in addition to gain attention of Middle Eastern Investors holding abundant liquidity. (report by Standard & Poor, 2009) ...
... faith-based clientele in the country in addition to gain attention of Middle Eastern Investors holding abundant liquidity. (report by Standard & Poor, 2009) ...
ProposedRuleAttach2015-00056
... Any interested person may participate in the rule making through submission of written data, views and arguments to the Division of Real Estate. Persons are requested to submit data, views and arguments to the Division of Real Estate in writing no less than ten (10) days prior to the hearing date an ...
... Any interested person may participate in the rule making through submission of written data, views and arguments to the Division of Real Estate. Persons are requested to submit data, views and arguments to the Division of Real Estate in writing no less than ten (10) days prior to the hearing date an ...
Bank
A bank is a financial intermediary that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.