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Financial crises and bank funding: recent experience in the euro area

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Author Info

  • Adrian Van Rixtel
  • Gabriele Gasperini

Abstract

This paper provides an overview of bank funding trends in the euro area following the 2007-09 global financial crisis and the euro area crisis. It shows that funding has become segmented along national borders and that secured instruments are much more prevalent than previously. Rising debt retention by euro area banks has accompanied greater dependence on liquidity provided by the ECB.

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Bibliographic Info

Paper provided by Bank for International Settlements in its series BIS Working Papers with number 406.

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Length: 36 pages
Date of creation: Mar 2013
Date of revision:
Handle: RePEc:bis:biswps:406

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Related research

Keywords: euro area; financial crisis; bank funding; renationalisation; secured issuance; debt retention;

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References

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Cited by:
  1. Paolo Angelini & Giuseppe Grande & Fabio Panetta, 2014. "The negative feedback loop between banks and sovereigns," Questioni di Economia e Finanza (Occasional Papers) 213, Bank of Italy, Economic Research and International Relations Area.
  2. Günther, Susanne, 2013. "Eine ökonomische Analyse der Systemrelevanz von Banken," Arbeitspapiere 139, Westfälsche Wilhelms-Universität Münster (WWU), Institut für Genossenschaftswesen.

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