The main purpose of our work is to construct portfolio loss distributions of small and large loans in Argentina using bootstrapping techniques. Annual data (covering the 1999-2005 period) from the Debtors Register of the Central Bank of Argentina over 580.000 records have been used. The work has...

This paper analyzes the relationship between the quality of the commercial credit portfolio and diversification in the financial entities of Argentina during the period 1998-2006. To this effect, a database of the financial sector (banking and non-banking) is used, which allows to consider three...

Loan diversification is a typical mechanism used by financial institutions to minimize their portfolio risk. However, diversification might not always be beneficial in response to the complex task of monitoring credit risks and the associated incentives. For instance, a highly diversified bank...

The paper investigates the use of collateral in the Argentine banking system by exploiting a rich dataset administered by the Central Bank (Central de Deudores). The study focuses on commercial loans to firms with balance sheet information available over the 2001-2005 period. The first part...

This paper analyzes the relationship between the quality of the commercial credit portfolio and diversification in the financial entities of Argentina during the period 1998-2006. To this effect, a database of the financial sector (banking and non-banking) is used, which allows to consider three...