Why are Canadian banks more resilient? /

This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in liabilities, and a number of regulatory and structural factors in the Canadian market that reduced b...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Ratnovski, Lev (Autor), Huang, Rocco (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/152.
Temas:
2008-2009
Risk management.
Global Financial Crisis, 2008-2009.
Banks and banking.
Banks and banking > Canada.
Risk Management
Gestion du risque.
Crise financière mondiale, 2008-2009.
risk management.
Banks and banking
Risk management
Balance sheet.
Bank.
Banking.
Business.
Capital requirement.
Economy.
Finance.
Financial market.
Financial services.
Interaction (statistics)
Bilanzstrukturmanagement.
Bankenkrise.
Kanada.
Canada
Electronic books.
Acceso en línea:Texto completo
Descripción
Sumario:This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in liabilities, and a number of regulatory and structural factors in the Canadian market that reduced banks' incentives to take excessive risks. The robust predictive power of the depository funding ratio is confirmed in a multivariate analysis of the performance of 72 largest commercial banks in OECD countries during the turmoil.
Descripción Física:1 online resource (19 pages : color illustrations.
Bibliografía:Includes bibliographical references (page 19).

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