Tool 2: Fair Lending Legal Foundations
... Credit Transaction Every aspect of an applicant’s dealings with a bank regarding an application for credit or an existing extension of credit. Discrimination To treat an applicant less favorably than other applicants on a prohibited basis in any aspect of a credit transaction. Discouragement An oral ...
... Credit Transaction Every aspect of an applicant’s dealings with a bank regarding an application for credit or an existing extension of credit. Discrimination To treat an applicant less favorably than other applicants on a prohibited basis in any aspect of a credit transaction. Discouragement An oral ...
WHAT ARE OPEN MARKET OPERATIONS (OMO)? As the nation`s
... securities and injects money into the system by buying back those securities. The buying and selling of these securities by the central bank is called OMO. ...
... securities and injects money into the system by buying back those securities. The buying and selling of these securities by the central bank is called OMO. ...
Bank Runs in Emerging-Market Countries - Chicago
... First authorized to operate in Turkey in 1983, three foreign-owned finance houses began operations in the 1980s, and another three domestic houses entered the market in the 1990s (see Table 1). The SFHs can engage in all the activities of a commercial bank, as well as leasing and commodity trading. ...
... First authorized to operate in Turkey in 1983, three foreign-owned finance houses began operations in the 1980s, and another three domestic houses entered the market in the 1990s (see Table 1). The SFHs can engage in all the activities of a commercial bank, as well as leasing and commodity trading. ...
Understanding the crisis in emerging Europe [EBRD
... financial vulnerabilities. EBRD (2009, Chapter 3) analyses these issues in some detail and finds evidence for a role of foreign banks, and of foreign financing more generally, in both of these areas. In the next section we briefly summarise the background to the crisis and the main course of the cri ...
... financial vulnerabilities. EBRD (2009, Chapter 3) analyses these issues in some detail and finds evidence for a role of foreign banks, and of foreign financing more generally, in both of these areas. In the next section we briefly summarise the background to the crisis and the main course of the cri ...
Regulation on Maintenance of Minimum Reserves Requirements by
... such by NBG, regardless of whether or not it is included in the calculation of the regulatory capital. c) such liabilities on the balance sheet which are not related to the movement of cash flows. d) in certain occasions, other types of liabilities with prior written approval of NBG. e) liabilities ...
... such by NBG, regardless of whether or not it is included in the calculation of the regulatory capital. c) such liabilities on the balance sheet which are not related to the movement of cash flows. d) in certain occasions, other types of liabilities with prior written approval of NBG. e) liabilities ...
citibank, na colombo, sri lanka
... Balances with central banks Placements with banks Derivative financial instruments Other financial assets at fair value through profit or loss Loans and receivables to banks Loans and receivables to other customers ...
... Balances with central banks Placements with banks Derivative financial instruments Other financial assets at fair value through profit or loss Loans and receivables to banks Loans and receivables to other customers ...
44 STRESS TEST FOR ISLAMIC AND CONVENTIONAL BANKS
... the sample into two groups by business model (i.e. 5 conventional banks, and 3 Islamic banks) and try to capture the impact of these shocks on each group of banks applying the same procedures as those followed for the whole banking sector. To achieve this we attempt to examine potential implications ...
... the sample into two groups by business model (i.e. 5 conventional banks, and 3 Islamic banks) and try to capture the impact of these shocks on each group of banks applying the same procedures as those followed for the whole banking sector. To achieve this we attempt to examine potential implications ...
Tunisia: Letter of Intent, Memorandum on Economic Financial
... Lender of last resort. The implementation of a lender-of-last-resort (LOLR) facility by September 2016 will allow a differentiation of urgent liquidity operations from monetary policy ones. A framework agreement for loans granted under the LOLR was established in April with Fund technical assistance ...
... Lender of last resort. The implementation of a lender-of-last-resort (LOLR) facility by September 2016 will allow a differentiation of urgent liquidity operations from monetary policy ones. A framework agreement for loans granted under the LOLR was established in April with Fund technical assistance ...
Relationship between Interest Rate and Bank Common Stock Return
... allows US banks and other financial companies to offer more complex financial products. At the same time, it poses significant risk to the US financial market such as greater systemic risk, and privacy risk of the customers’ information. Second, there is the Financial Crisis in 2008, which was the w ...
... allows US banks and other financial companies to offer more complex financial products. At the same time, it poses significant risk to the US financial market such as greater systemic risk, and privacy risk of the customers’ information. Second, there is the Financial Crisis in 2008, which was the w ...
The Federal Reserve and Its Power
... particularly in clearing checks drawn on depository institutions which hold reserves or clearing deposit balances with the Fed. • Bank deposits at the Fed can be easily transferred between the accounts of the depository institutions by making appropriate entries on the Fed books. ...
... particularly in clearing checks drawn on depository institutions which hold reserves or clearing deposit balances with the Fed. • Bank deposits at the Fed can be easily transferred between the accounts of the depository institutions by making appropriate entries on the Fed books. ...
Modelling in Corporate Finance
... markets can impair the value of banks’ assets both directly and indirectly (i.e. through reduced collateral values). Experience shows that especially the property sector and the share markets may play a critical role in triggering losses in the banking system. Similar effects are expected in a volat ...
... markets can impair the value of banks’ assets both directly and indirectly (i.e. through reduced collateral values). Experience shows that especially the property sector and the share markets may play a critical role in triggering losses in the banking system. Similar effects are expected in a volat ...
This PDF is a selection from a published volume from the National Bureau of Economic Research
... (potentially long) interim period when FD remains high. This is the subject of the present paper. The analysis of dollar liquidity runs in FD economies has often centered on the economy as a whole, stressing the need for “insurance” mechanisms and the limitations of the available options.4 While mos ...
... (potentially long) interim period when FD remains high. This is the subject of the present paper. The analysis of dollar liquidity runs in FD economies has often centered on the economy as a whole, stressing the need for “insurance” mechanisms and the limitations of the available options.4 While mos ...
Shadow Banking: Economics and Policy
... increases the safety of claims (in collateral transformation) for agents in the financial system, including ultimate savers. And in its asset-side role, it provides credit to borrowers—enabled by the fact that the safe liabilities created help attract savings. The financial crisis has highlighted th ...
... increases the safety of claims (in collateral transformation) for agents in the financial system, including ultimate savers. And in its asset-side role, it provides credit to borrowers—enabled by the fact that the safe liabilities created help attract savings. The financial crisis has highlighted th ...
Box Article: Investment Accounts under IFSA
... Investment accounts are an additional avenue, complementing private equity and venture capital funds, for businesses to access financing. The level of returns generated depends on the performance of the underlying asset, with possible upside potential in returns to customers generated from equity-ba ...
... Investment accounts are an additional avenue, complementing private equity and venture capital funds, for businesses to access financing. The level of returns generated depends on the performance of the underlying asset, with possible upside potential in returns to customers generated from equity-ba ...
The Chicago Plan Revisited Jaromir Benes and Michael Kumhof WP/12/202
... control of credit growth would become much more straightforward because banks would no longer be able, as they are today, to generate their own funding, deposits, in the act of lending, an extraordinary privilege that is not enjoyed by any other type of business. Rather, banks would become what many ...
... control of credit growth would become much more straightforward because banks would no longer be able, as they are today, to generate their own funding, deposits, in the act of lending, an extraordinary privilege that is not enjoyed by any other type of business. Rather, banks would become what many ...
Registration for Existing Postgraduate Candidates by Clinical 2016
... will be terminated if there’s no record of registration for 2016/2017 session). (3) Please be reminded that all higher degree candidates are required to renew the candidature at the beginning of every session throughout the stipulated duration of study. No letter will be issued to remind about this ...
... will be terminated if there’s no record of registration for 2016/2017 session). (3) Please be reminded that all higher degree candidates are required to renew the candidature at the beginning of every session throughout the stipulated duration of study. No letter will be issued to remind about this ...
FINO - International Finance Corporation
... Today, they are used by the government to transfer payments under the National Rural Employment Guarantee Act and to administer health insurance under the government’s health insurance program for people below the poverty line. Other services include a remittance solution which enables individuals t ...
... Today, they are used by the government to transfer payments under the National Rural Employment Guarantee Act and to administer health insurance under the government’s health insurance program for people below the poverty line. Other services include a remittance solution which enables individuals t ...
Shadow banks and macroeconomic instability CAMA Working Paper
... quality of collateral on their balance sheets, which loosens their funding constraint, and enables them to increase their leverage and their profitability. In our economy, shadow banks can therefore be thought of as collateral manufacturers, who take the raw material of loans produced by commercial ...
... quality of collateral on their balance sheets, which loosens their funding constraint, and enables them to increase their leverage and their profitability. In our economy, shadow banks can therefore be thought of as collateral manufacturers, who take the raw material of loans produced by commercial ...
Financial Stability Report
... reflected by the broad macroeconomic indicators, despite challenges posed by regional and global environments. The economy remained strong in 2013 at 7.0 percent growth, which was above the regional averages in SSA and the EAC. The growth is expected to increase further to 7.2 percent and 7.5 percen ...
... reflected by the broad macroeconomic indicators, despite challenges posed by regional and global environments. The economy remained strong in 2013 at 7.0 percent growth, which was above the regional averages in SSA and the EAC. The growth is expected to increase further to 7.2 percent and 7.5 percen ...
Leading indicators of distress in Danish banks in the period 2008-12
... banking supervision. The supervisory diamond consists of a number of benchmarks encompassing what must be considered as banking activity subject to enhanced risk, such as high lending growth, less stable funding conditions, etc. (the supervisory diamond is defined precisely in Section 5.1). These be ...
... banking supervision. The supervisory diamond consists of a number of benchmarks encompassing what must be considered as banking activity subject to enhanced risk, such as high lending growth, less stable funding conditions, etc. (the supervisory diamond is defined precisely in Section 5.1). These be ...
PowerPoint-presentation
... • But SME lending still only represent 6 to 8% of total lending • Particularly affects the service sector (lack of collateral, intangibility) => JEDCO / JSMP assesses the gap to be 250 to 400 MJD / year ...
... • But SME lending still only represent 6 to 8% of total lending • Particularly affects the service sector (lack of collateral, intangibility) => JEDCO / JSMP assesses the gap to be 250 to 400 MJD / year ...
Corporate Governance of Financial Institutions
... Financial Crisis Inquiry Commission’s report alone names excessive borrowing, low mortgage standards, high leverage, securitization, a reliance on short-term funding, offbalance-sheet entities, special-purpose vehicles, over-the-counter derivatives, a lack of transparency, credit default swaps (CDS) ...
... Financial Crisis Inquiry Commission’s report alone names excessive borrowing, low mortgage standards, high leverage, securitization, a reliance on short-term funding, offbalance-sheet entities, special-purpose vehicles, over-the-counter derivatives, a lack of transparency, credit default swaps (CDS) ...
Recommendations for a Legal and Regulatory
... • Two-thirds of SMEs in Serbia report problems getting credit • Available loan products are poorly suited for SMEs in terms of loan size, collateral requirements, and physical access • Microcredit provides an alternative, market-based approach to providing financing better suited to the needs of SME ...
... • Two-thirds of SMEs in Serbia report problems getting credit • Available loan products are poorly suited for SMEs in terms of loan size, collateral requirements, and physical access • Microcredit provides an alternative, market-based approach to providing financing better suited to the needs of SME ...
Opening Statement - Department of Finance ( 4 June 2014)
... non-bank credit intermediation1; It is important to note that shadow banking activities which include securitisation, securities lending and repurchase transactions, constitute an important source of finance for financial entities. It includes entities which: raise funding with deposit-like charac ...
... non-bank credit intermediation1; It is important to note that shadow banking activities which include securitisation, securities lending and repurchase transactions, constitute an important source of finance for financial entities. It includes entities which: raise funding with deposit-like charac ...
Estimating the intensity of price and non
... Kim and Vale (2001) focus on branches and their effect on loan market competition in Norway, Cesari and Chizzolini (2002) do the same for the deposit markets in Europe, while Barros (1995, 1999) uses differences in regional markets in Portugal as a strategic variable in the bank loan/deposit pricing ...
... Kim and Vale (2001) focus on branches and their effect on loan market competition in Norway, Cesari and Chizzolini (2002) do the same for the deposit markets in Europe, while Barros (1995, 1999) uses differences in regional markets in Portugal as a strategic variable in the bank loan/deposit pricing ...
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.