There is an increased sophistication in the provision of financial services by UK financial mutuals. This paper presents evidence of a more complex process of price setting by these firms. From a theoretical model of the determination of deposit rates, the rate setting behaviour of firms is estimated empirically. Controlling for different service provision and firm characteristics heterogeneous...

We consider the problem of concurrent portfolio losses in two non-overlapping credit portfolios. In order to explore the full statistical dependence structure of such portfolio losses, we estimate their empirical pairwise copulas. Instead of a Gaussian dependence, we typically find a strong asymmetry in the copulas. Concurrent large portfolio losses are much more likely than small ones. Studyin...

The Basel II Accord requires banks to establish rigorous statistical procedures for the estimation and validation of default and ratings transition probabilities. This raises great technical challenges when sufficient default data are not available, as is the case for low default portfolios. We develop a new model that describes the typical internal credit rating process used by banks. The mode...

This paper argues that banks must be sufficiently levered to have first-best incentives to make new risky loans. This result, which is at odds with the notion that leverage invariably leads to excessive risk taking, derives from two key premises that focus squarely on the role of banks as informed lenders. First, banks finance projects that they do not own, which implies that they cannot extrac...

JEL Classification C12; C23; G21; G32. The only way to ensure a well-informed response to bank risks is by ensuring transparent disclosures that flourish with potential synergy. This study investigates the impact of bank disclosures on credit risk where panel data are used. PCSE and FGLS regression models are applied to a sample of 32 commercial banks in Bangladesh from 2010 to 2014. The result...

يا هچروم يدنب هشوخ متيروگلا ياراد پ ا ار يددعتم ياهرتم هلمج زا ،نتشادرب هب طوبرم ياهرتماراپ نتشاذگ اه هداد ديد عاعش ، يم هك دشاب ريثات و دنراد متيروگلا ييارگمه و دركلمع رد يدايز اطخ و شيامزآ تروص هب لاومعم نييعت يم رگ د دن . شور هلاقم نيا رد ي رب ينتبم CLA-PSO 1 ي هتسسگ لدم كي هك PSO دشاب يم يارب قيبطت كيتاموتا پ ياهرتمارا يا هچروم يدنب هشوخ يم داهنشيپ ددرگ . روظنم هب گلا ساسا رب هك د...

كچ ي هد فده و هقباس : شبات ،هتشذگ ههد لوط رد ناديم زا يشان يريگ نتنآ زا لصاح يسيطانغمورتكلا ياه هدـنريگ ياه / ت هدنتسرف تسا هتفاي شيازفا هارمه نفل . هعلاطم نيا In vivo جاوما رثا يسررب روظنم هب 950 نـفلت متسيس زترهاگم هارمه GSM ينلاوط تيوقت رب تدم ) LTP ( هيحان Dentate gyrus تفرگ تروص . شور و داوم اه : 32 ر أ داژن زا ركذم يهاگشيامزآ گرزب شوم س Wistar دودح ينس اب 3 نزو و هام 15 ± 220 ـ گ ،مر...

* نسيون لوئسم هد : نارهت ، و تمه عطاقت هاگشناد ،نارمچ ،يكــ شزپ هدكشــ ناد ،نارــ يا يكــ شزپ موــ لع هاگشــ يامزآ يميشويب نفلت : 88058742 email: [email protected] فده و هنيمز : ياهديسا رد هنيمآ تظلغ مسيناگراوركيم دشر رب يتوافتم تارثا فلتخم ياه يمامت دننامه و دنراد اه يتظلغ رد داوم صاخ دشر يارب مسيناگراوركيم تظلغ رد اما مزلا يم يمس رتلااب ياه دنشاب . عون هب هتسب ريداقم نيا دوب ده...

The spread of information technology and the digitalization financial services raise a range theoretical questions as structures banking industry undergo change. This change has intensified with impact COVID-19 pandemic which is already being observed. purpose this study therefore threefold: (1) to analyze IT on strategy functioning pre-COVID-19 sector; (2) challenges banks are facing in COVID ...