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Are weak banks leading credit booms? : evidence from emerging Europe /

This paper examines the behavior of bank soundness indicators during episodes of brisk loan growth, using bank-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence is found that rapid loan expansion has weakened banks durin...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Tamirisa, Natalia T. (Autor), Igan, Deniz (Autor)
Autor Corporativo: International Monetary Fund. European Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, ©2008.
©2008
Colección:IMF working paper ; WP/08/219.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:This paper examines the behavior of bank soundness indicators during episodes of brisk loan growth, using bank-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence is found that rapid loan expansion has weakened banks during the last decade, but over time weaker banks seem to have started to expand at least as fast as, and in some markets faster than, stronger banks. These findings suggest that during credit booms supervisors need to carefully monitor the soundness of rapidly expanding banks and stand ready to take ac.
Notas:Title from title screen (viewed May 11, 2009).
At head of title: European Department.
"September 2008."
Descripción Física:1 online resource (21 pages)
Bibliografía:Includes bibliographical references (page 21).