IDEAS home Printed from https://ideas.repec.org/p/bbv/wpaper/0903.html
   My bibliography  Save this paper

The Spanish Approach:Dynamic Provisioning and other Tools

Author

Listed:
  • Santiago Fernandez de Lis
  • Alicia Garcia-Herrero

Abstract

The financial crisis of 2007 and 2008 has drawn the attention of regulators and market participants to the severe consequences of procyclicality in the financial system. While this had already been a concern during preparations for the introduction of Basel II, it seems that much still needs to be done. The Bank of Spain, as regulator of the Spanish banking system, has approached the issue its own way, well before the discussions for the introduction of Basel II started. Several tools have been developed, the most well-known of which is dynamic provisioning. Another tool which we shall briefly review is the treatment of securitisation by the Spanish regulator. Both issues will be developed in this chapter so as to draw some lessons for other countries interested in reducing the pro-cyclicality of their financial system.

Suggested Citation

  • Santiago Fernandez de Lis & Alicia Garcia-Herrero, 2009. "The Spanish Approach:Dynamic Provisioning and other Tools," Working Papers 0903, BBVA Bank, Economic Research Department.
    • Handle: RePEc:bbv:wpaper:0903
    as

    Download full text from publisher

    File URL: https://www.bbvaresearch.com/wp-content/uploads/migrados/WP_0903_tcm348-212919.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pfeifer, Lukáš & Hodula, Martin, 2021. "A profit-to-provisioning approach to setting the countercyclical capital buffer," Economic Systems, Elsevier, vol. 45(1).
    2. Julio Ramos-Tallada, 2010. "Financial distress and banking regulation: what is different about Spain?," Journal of Innovation Economics, De Boeck Université, vol. 0(2), pages 49-76.
    3. Sum Katarzyna, 2015. "Basic Indicators of Systemic Risk in the EU Banking Sector. Implications for Banking Regulation," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 47(1), pages 36-55, September.
    4. LaGarda, Guillermo & Manzano, Osmel & Prat, Jordi, 2015. "The Legacy of the Crisis: Policy Options in a Favorable Environment," MPRA Paper 72151, University Library of Munich, Germany.
    5. Lukas Pfeifer & Martin Hodula, 2018. "A Profit-to-Provisioning Approach to Setting the Countercyclical Capital Buffer: The Czech Example," Working Papers 2018/5, Czech National Bank.
    6. Pradeep Mitra & Marcelo Selowsky & Juan Zalduendo, 2010. "Turmoil at Twenty : Recession, Recovery, and Reform in Central and Eastern Europe and the Former Soviet Union," World Bank Publications - Books, The World Bank Group, number 2682, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bbv:wpaper:0903. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSCAR DE LAS PENAS SANCHEZ-CARO (email available below). General contact details of provider: https://edirc.repec.org/data/ebbvaes.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.