Retail Bank Interest Rate Pass-Through: The Turkish Experience pptx

... intends to investigate the relationship between a money market rate and banks’ retail rates by empirically examining the pass-through process in the banking system of Turkey for the period between ... retail interest rates, Turkish banking system, ECM JEL Classification Codes: E43, E52, G21 1. Introduction This study deals with the relationship between a money marke...

Ngày tải lên: 15/03/2014, 02:20

... respectively. 4 Chart 1a illustrates that the level of bank deposit rates depends on maturity: typically the lower the maturity of the deposits the lower the deposit rate. The interest rate on overnight ... analysis between retail bank rates and market interest rates. The aim is to detect which market interest rates are most closely related to the bank...

Ngày tải lên: 15/03/2014, 14:20

... than the interest rates for the other countries. In Chile, however, the degree of comovement between retail bank interest rates and the money market rate is essentially the same as in other countries. ... rate 0.92 0.98 0.99 0.76 0.61 0.58 0.70 0.84 0.72 0.86 0.87 0.88 0.99 0.96 0.85 0.98 0.92 0.94 0.93 0.92 0.93 0.94 0.99 1.00 0.84 0.70 0.71 0.80 0.89 0.88 0.89 0.90 0.9...

Ngày tải lên: 22/03/2014, 23:20

... plots of retail interest rates. We also considered the possibility of disentangling the impact of the banking structure on the pass-through by comparing the response of retail banking rates with ... Rate to Bank Lending Rates: the Chilean Banking Industry," Paper presented at the Sixth Annual Conference of the Central Bank of Chile, December. Bondt, G., 2002,...

Ngày tải lên: 22/03/2014, 23:20

... interest rate risk (by varying the proportion of fixed -rate versus variable -rate loans, using interest rate swaps). Investigating these strategies is beyond the scope of this paper. rate risk, the ... where rl, rd, mrs and mrl are the retail lending rate, retail deposit rate, the short-term and long-term market interest rate, while r l is alternatively the...

Ngày tải lên: 22/03/2014, 23:20

... institutional banking patterns do not seem to explain the statistical similarity between interest rates. For example bank interest rates do not appear similar either between the Netherlands and ... regressions of the 5 categories of deposit interest rates; in the regressions of the 5 categories of lending interest rates to households; and in the 4 categories 20...

Ngày tải lên: 29/03/2014, 13:20

... lowering the interest rate according to the policy adopted by the Conference of Bankers at the beginning of the year, the State Bank preserved the status quo on the grounds that the inflation rate ... obtain the deposit amount. Due to the high inflation, if the banking industry does not increase the deposit interest rate, the net interest rate may...

Ngày tải lên: 15/03/2014, 01:20

... interest rate risk (by varying the proportion of fixed -rate versus variable -rate loans, using interest rate swaps). Investigating these strategies is beyond the scope of this paper. rate risk, the ... where rl, rd, mrs and mrl are the retail lending rate, retail deposit rate, the short-term and long-term market interest rate, while r l is alternatively the...

Ngày tải lên: 15/03/2014, 14:20

... response of the corresponding futures rates. Therefore, we explore how changes in the RBNZ’s interest rate projections for the 90-day rate j quarters ahead affect the futures rates with the corresponding ... how the unexpected part of the interest rate projections affects the market interest rates along the yield curve. 4.1 Level and timing components of an unexp...

Ngày tải lên: 22/03/2014, 23:20

... of market rates and bank rates. In general, bank interest rates seem to adjust most quickly in Spain, with the exception of the interest rates for mortgage loans. The reason for the apparent ... the opportunity cost (for lending rates) or the cost-of-funds (for deposit rates) against which the bank sets its interest rate, in terms of a mark-up to the market rat...

Ngày tải lên: 22/03/2014, 23:20