Showing 1 - 10 of 389
This paper examines consistency in the estimates of probability of default (PD) and loss given default (LGD) that nine large U.S. banks assign to syndicated loans for regulatory capital purposes. Using internal bank data on loans that had PDs and LGDs assigned by more than one bank, we find...
Persistent link: https://www.econbiz.de/10013061902
We find that that the Current Expected Credit Loss (CECL) standard would slightly dampen fluctuations in bank lending … predictability of credit losses …
Persistent link: https://www.econbiz.de/10012182062
share ownership in the secondary market using data from the Shared National Credit Program, a credit register of syndicated … importance of bank liquidity risk management as a motivation for loan sales, in addition to the credit risk transfer motive …
Persistent link: https://www.econbiz.de/10013028630
Our paper studies the role of the collateral channel for bank credit using confidential bank-firm-loan data. We … higher growth in bank lending with higher sensitivities for more credit constrained firms. Higher real estate values boost …
Persistent link: https://www.econbiz.de/10013289297
This paper presents empirical evidence on the effect of banks' financial position on credit growth using a sample of 29 … most important predictor of credit growth in the current year. The relationship between capital and credit growth is non … (decrease) in capital is associated with an increase (decrease) of 0.8 (0.3) percentage points in credit growth upon impact and …
Persistent link: https://www.econbiz.de/10011579142
Under the Community Reinvestment Act (CRA) banks can fulfill their affirmative obligation to meet local credit needs by … CRA credit for purchases has had its intended effect of increasing LMI credit availability by making LMI loans more liquid …
Persistent link: https://www.econbiz.de/10013404195
The new forward-looking credit loss provisioning standard, CECL, is intended to promote proactive provisioning as loan …
Persistent link: https://www.econbiz.de/10011927112
In this paper, we exploit a natural experiment in which thrifts in several states witnessed an exogenous reduction in supervisory attention to assess the effect of supervision on financial institutions' willingness to take risk. We show that the affected institutions took on much more risk than...
Persistent link: https://www.econbiz.de/10011710132
, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …
Persistent link: https://www.econbiz.de/10011710170
Capital Analysis and Review (CCAR) review, could unexpectedly affect the provision of bank credit. To quantify the impact of …
Persistent link: https://www.econbiz.de/10012016687