Financial crises and bank funding: recent experience in the euro area

Autor: Adrian Van Rixtel, Gabriele Gasperini
Rok vydání: 2013
Předmět:
Popis: This paper provides an overview of bank funding trends in the euro area following the 2007-09 global financial crisis and the euro area crisis. It shows that funding has become segmented along national borders and that secured instruments are much more prevalent than previously. Rising debt retention by euro area banks has accompanied greater dependence on liquidity provided by the ECB.
Databáze: OpenAIRE