The determinants of banks' liquidity buffers in Central America

Corinne Deléchat; Camila Henao; Priscilla Muthoora; Svetlana Vtyurina

Banks' liquidity holdings are comfortably above legal or prudential requirements in most Central American countries. While good for financial stability, high systemic liquidity may nonetheless hinder monetary policy transmission and financial markets development. Using a panel of about 100 commercial banks from the region, we find that the demand for precautionary liquidity buffers is associated with measures of bank size, profitability, capitalization, and financial development. Deposit dollarization is also associated with higher liquidity, reinforcing the monetary policy and market developm

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Year of publication:	2012
Authors:	Deléchat, Corinne ; Henao, Camila ; Muthoora, Priscilla ; Vtyurina, Svetlana
Publisher:	Washington, DC : Internat. Monetary Fund
Subject:	Bankenliquidität \| Bank liquidity \| Mittelamerika \| Central America \| Panama \| Dominikanische Republik \| Dominican Republic \| 2006-2010

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Extent:	Online-Ressource graph. Darst.
Series:	IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. 12/301
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	"December 2012 "Western Hemisphere Department Includes bibliographical references Systemvoraussetzungen: Acrobat Reader Cover; Contents; I. Introduction; Figures; 1. CAPDR Liquidity Buffers (2010); II. Determinants of Banks' Liquidity Buffers: Literature Review; III. Some Background on CAPDR Banking Systems; 2. CAPDR: Statutory Reserves and Liquidity Requirements by Currency; Tables; 1. CAPDR: Banking System Indicators, 2010; Box; 1. Financial Systems Supervision and Development in CAPDR; 3. CAPDR: Financial Soundness Indicators, 2005-10; IV. Determinants of Banks Liquidity Buffers in CAPDR; A. Data and Variable Definitions; 4. Bankscope Sample Coverage of Total Banking System's Assets 5. Liquidity Ratios at the System Level and in the Bankscope Sample6. Financial Development Indicators in CAPDR; 2. Variables Used in the Empirical Estimation; B. Stylized Facts; 7. CAPDR Liquidity Indicators; 3. Dependent Variables Means by Liquidity Ratio Quartiles; C. Empirical Analysis; D. Results; 4a. Determinants of Banks' Liquidity Buffer in CAPDR-Financial Depth; 4b. Determinants of Banks' Liquidity Buffer in CAPDR-Credit Institutions; V. Conclusions and Policy Lessons; 5. CAPDR: Largest Deposit Drop (December 2001-September 2011); References Appendix I. Reserve and Liquidity Requirements in CAPDRAppendix Tables; Appendix I. Table 1. Legal Reserve and Liquidity Requirements in CAPDR (2010); Appendix I. Table 2. Evolution of Reserve and Liquidity Ratios in CAPDR (2005-10); Appendix II. Table 1. Correlation Between Liquidity Ratios, Credit to GDP and Credit Institutions in CAPDR; Appendix II. Table 2. CAPDR Financial Safety Nets; Appendix III. Table 1. Descriptive Statistics; Appendix IV. Table 1. Determinants of Liquidity Buffers in CAPDR- Robustness Checks Appendix IV. Table 2. Determinants of Liquidity Buffers in CAPDR- Robustness Checks Electronic reproduction; Available via World Wide Web
ISBN:	978-1-61635-667-5
Source:	ECONIS - Online Catalogue of the ZBW

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