Market discipline at German savings banks‡ pot

... reunification in 1989/1990, the East German savings banks were resolved – with the aid of West German savings banks – from the state bank and were reintegrated into the German savings bank organization ... income statements. We concentrate on unconsolidated statements of local savings banks to ensure comparability. 14 Nearly all savings banks report their statements in accordan...

Ngày tải lên: 15/03/2014, 10:20

... privatization of the banking market that was extensively carried out in other European countries has not occurred in Germany (Engerer/Schrooten, 2004: 74). But this does not mean that German savings ... exact data. Therefore the author did not work with a sam- ple, but prepared the data for all savings banks and all regions in Germany (statistical population). The Significance...

Ngày tải lên: 16/02/2014, 10:20

... subordinated debt or not. Spearman’s correlation indicates that the costs of issuing subordinated debt are significantly more relevant for the savings banks that actually have issued subordinated ... Assuming that the savings banks will satisfy 11 Ayuso et al. (2004), however, find a significant and negative relationship between the economic situation and the regulatory capital rat...

Ngày tải lên: 16/02/2014, 11:20

... between savings banks and regional indicators for Germany as a whole, western Germany and eastern Germany 119 Table 4 Savings bank lending from 1999 to 2003 Germany, western Germany and eastern Germany ... examination of savings banks as local players. 17 2 This is in view of the fact that there is no savings bank equalisation fund and that savings banks can only use their own regio...

Ngày tải lên: 06/03/2014, 10:20

... its savings banks were best at targeting those for whom they were intended, and the average deposits there were lowest in all occupational categories. These data strongly imply that Irish savings ... originally intended’. 29 Scattered aggregate data offer some firmer clues on savers’ socio-economic status. The following discussion is based mainly on the data collated in Tables 1....

Ngày tải lên: 06/03/2014, 10:20

... below on savings banks foundations, the savings bank still plays an important role, assessing the credit risk and facilitating the credit allocation. The microcredit initiatives of Spanish savings ... exclusion: Caixa Catalunya’s Un Sol Mon Foundation for example, operates a microcredit programme in Catalo- nia, which gives support to income-generating activities for individuals and c...

Ngày tải lên: 15/03/2014, 10:20

... following reunification and as east German savings and cooperative banks financed a substantial part of this catching-up process. Further, our dataset includes 288 observations with negative capital ... German savings and 2159 cooperative banks in west Germany over the period 1993 to 2003. 1993 is the earliest date for which data on risk- weighted assets are available. 2003 is the...

Ngày tải lên: 15/03/2014, 09:20

... S(3) S(12) S(60) R ˆ R Which interest rate scenario is the worst one for a bank? Evidence from a tracking bank approach for German savings and cooperative banks Christoph Memmel Discussion Paper Series ... 69 9566-1 Telex within Germany 41227, telex from abroad 414431 Please address all orders in writing to: Deutsche Bundesbank, Press and Public Relations Division, at the above ad...

Ngày tải lên: 22/03/2014, 23:20

... SMEs financing product, the German Savings Banks Funded Credit Scheme. Through the partnership with SBFIC (the German Savings Banks Foundation for International Cooperation) 12 from 2005-2007, ... financial institutions in their educational role to stimulate the mobilization of savings. They set up campaigns that are innovative and add value to the bank in addition to the marketing...

Ngày tải lên: 06/03/2014, 10:20

... annex. 10. Applications will initially be considered on a national level. The national organisation or national coordinator appointed by the national savings bank or organisation will prepare ... the Savings Banks Academic Award, please contact your country’s national coordinators 1 for all practical information. The national coordinators will prepare a short list of three candi- da...

Ngày tải lên: 06/03/2014, 10:20