The effects of net interbank borrowing on commercial bank risk
| Autor: | Che-yi Su, 蘇哲毅 |
|---|---|
| Rok vydání: | 2012 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 100 In this paper we investigate whether banks that borrow from other banks have lower risk levels. We concentrate on the European and U.S banks that allow us to explore the relationship of interbank lending and interbank borrowers. We use comprehensive panel data on international banks including commercial bank over 2001 to 2010. Specifically, we empirically investigate both bank’s financial characteristics, and dummy variable of area and time. The empirical results generally confirm the hypothesis that long-term interbank exposures result in lower risk of the borrowing banks. It means increasing interbank borrowing result in lower bank risk. Banks decrease interbank borrowing result in higher bank risk because of credit risk of bank increase. Furthermore, the paper also examines whether the involvement of financial tsunami has any significant effect on the banks’ risk. The empirical results generally confirm interbank borrowing will reduce bank risk under economic boom, but interbank borrowing will increase bank risk under economic recession. Keywords:, market discipline, transition countries. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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