In this study, we explore whether and to what extent Environmental, Social, and Governance (ESG) factors impact banks’ funding costs. Using a sample composed of 493 banks located in 39 advanced and emerging economies over the 2003-2020 period, we find that banks benefit from incorporating ESG...

Using a global sample we reveal that banks benefit from incorporating ESG practices into financial decisions, enjoying lower costs of funds, as well as reduced costs of attracting deposits. All ESG dimensions are responsible for this outcome in the case of total cost of funds, whereas for the...

This paper investigates to what extent risk management and corporate governance mitigate the involvement of banks in credit boom and bust cycles. Using a unique, hand-collected dataset on 156 banks from Central and Eastern Europe during 2005-2012, we assess whether banks with stronger risk...