Arbeitspapier
Bank recapitalizations and lending: A little is not enough
This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks between 2000 and 2013. Controlling for market implied capital shortfall of banks, we find that banks that receive a sufficiently large recapitalization increase lending, attract more deposits and clean up their balance sheets. In contrast, banks that receive a small recapitalization relative to their capital shortfall reduce lending and shrink assets. These results suggest recapitalizations need to be large enough to lead to new lending.
- ISBN
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978-92-95081-43-7
- Sprache
-
Englisch
- Erschienen in
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Series: ESRB Working Paper Series ; No. 16
- Klassifikation
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
- Thema
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Bank recapitalization
lending
zombie banks
bank restructuring
banking crisis
- Ereignis
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Geistige Schöpfung
- (wer)
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Homar, Timotej
- Ereignis
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Veröffentlichung
- (wer)
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European Systemic Risk Board (ESRB), European System of Financial Supervision
- (wo)
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Frankfurt a. M.
- (wann)
-
2016
- DOI
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doi:10.2849/804593
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Homar, Timotej
- European Systemic Risk Board (ESRB), European System of Financial Supervision
Entstanden
- 2016