Banks' foreign credit exposures and borrowers' rollover risks: measurement, evolution and determinants
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.]
International Monetary Fund
©2013
|
| Series: | IMF working paper
WP/13/9 |
| Subjects: | |
| Online Access: | FLA01 Volltext |
| Item Description: | Title from PDF title page (IMF Web site, viewed Jan. 22, 2013). - "Research Department.". - "January 2013." The recent crises highlighted the role of cross-border banking linkages. This paper proposes two new measures for better capturing creditor banking systems' foreign credit exposures and borrower countries' reliance on foreign bank credit, by combining BIS data with bank-level data. The results indicate that the proposed refinements matter, especially when foreign bank affiliates' funding relies heavily on local deposits. In addition, after developing novel and necessary break-in-series and exchange rate variation adjustments, estimations looking at the driving factors of both measures during 2006-2012 highlight: (i) the role of systemic banking crises and global financial conditions in the evolution of banks' foreign credit exposures; (ii) the role of a larger set of factors in the case of the evolution of borrower countries' reliance on foreign bank credit--how countries borrowed, from whom they borrowed, and global financial and domestic demand conditions Includes bibliographical references |
| Physical Description: | 1 Online-Ressource (44 pages) |
| ISBN: | 9781475589481 1475589484 |
Staff View
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| 500 | |a The recent crises highlighted the role of cross-border banking linkages. This paper proposes two new measures for better capturing creditor banking systems' foreign credit exposures and borrower countries' reliance on foreign bank credit, by combining BIS data with bank-level data. The results indicate that the proposed refinements matter, especially when foreign bank affiliates' funding relies heavily on local deposits. In addition, after developing novel and necessary break-in-series and exchange rate variation adjustments, estimations looking at the driving factors of both measures during 2006-2012 highlight: (i) the role of systemic banking crises and global financial conditions in the evolution of banks' foreign credit exposures; (ii) the role of a larger set of factors in the case of the evolution of borrower countries' reliance on foreign bank credit--how countries borrowed, from whom they borrowed, and global financial and domestic demand conditions | ||
| 500 | |a Includes bibliographical references | ||
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| 650 | 7 | |a Credit |2 fast | |
| 650 | 7 | |a Risk |2 fast | |
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| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:13:58Z |
| institution | BVB |
| isbn | 9781475589481 1475589484 |
| language | English |
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| spelling | Cerutti, Eugenio Verfasser aut Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants prepared by Eugenio Cerutti [Washington, D.C.] International Monetary Fund ©2013 1 Online-Ressource (44 pages) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/9 Title from PDF title page (IMF Web site, viewed Jan. 22, 2013). - "Research Department.". - "January 2013." The recent crises highlighted the role of cross-border banking linkages. This paper proposes two new measures for better capturing creditor banking systems' foreign credit exposures and borrower countries' reliance on foreign bank credit, by combining BIS data with bank-level data. The results indicate that the proposed refinements matter, especially when foreign bank affiliates' funding relies heavily on local deposits. In addition, after developing novel and necessary break-in-series and exchange rate variation adjustments, estimations looking at the driving factors of both measures during 2006-2012 highlight: (i) the role of systemic banking crises and global financial conditions in the evolution of banks' foreign credit exposures; (ii) the role of a larger set of factors in the case of the evolution of borrower countries' reliance on foreign bank credit--how countries borrowed, from whom they borrowed, and global financial and domestic demand conditions Includes bibliographical references BUSINESS & ECONOMICS / Banks & Banking bisacsh Bank loans fast Banks and banking fast Banks and banking, International fast Credit fast Risk fast Bank Wirtschaft Banks and banking Banks and banking, International Bank loans Credit Risk International Monetary Fund Research Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=548014 Aggregator Volltext |
| spellingShingle | Cerutti, Eugenio Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants BUSINESS & ECONOMICS / Banks & Banking bisacsh Bank loans fast Banks and banking fast Banks and banking, International fast Credit fast Risk fast Bank Wirtschaft Banks and banking Banks and banking, International Bank loans Credit Risk |
| title | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants |
| title_auth | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants |
| title_exact_search | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants |
| title_full | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants prepared by Eugenio Cerutti |
| title_fullStr | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants prepared by Eugenio Cerutti |
| title_full_unstemmed | Banks' foreign credit exposures and borrowers' rollover risks measurement, evolution and determinants prepared by Eugenio Cerutti |
| title_short | Banks' foreign credit exposures and borrowers' rollover risks |
| title_sort | banks foreign credit exposures and borrowers rollover risks measurement evolution and determinants |
| title_sub | measurement, evolution and determinants |
| topic | BUSINESS & ECONOMICS / Banks & Banking bisacsh Bank loans fast Banks and banking fast Banks and banking, International fast Credit fast Risk fast Bank Wirtschaft Banks and banking Banks and banking, International Bank loans Credit Risk |
| topic_facet | BUSINESS & ECONOMICS / Banks & Banking Bank loans Banks and banking Banks and banking, International Credit Risk Bank Wirtschaft |
| url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=548014 |
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