IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-030-12169-3_20.html
   My bibliography  Save this book chapter

The Conversion of Bank Deferred Tax Assets in 2016 to Bank Shares in 2017

In: Economic and Financial Challenges for Eastern Europe

Author

Listed:
  • Panagiotis Papadeas

    (University of West Attica)

Abstract

This study correlates the provisions of CRD IV with the application of IFRS in banks operating in Greece. The accounting losses allow the creation of additional DTA which are transferred in claims against the state (tax credit). Thus, in 2017 conversion rights (warrants) may be issued which represent common shares of total market value equal to 100% of these tax credits. Then, equivalent special reserve is formed, and the equity capital of banks is increased, since the DTA are not deducted from the common equity tier 1 (CET 1) ratio.

Suggested Citation

  • Panagiotis Papadeas, 2019. "The Conversion of Bank Deferred Tax Assets in 2016 to Bank Shares in 2017," Springer Proceedings in Business and Economics, in: Nicos Sykianakis & Persefoni Polychronidou & Anastasios Karasavvoglou (ed.), Economic and Financial Challenges for Eastern Europe, pages 313-322, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-12169-3_20
    DOI: 10.1007/978-3-030-12169-3_20
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:prbchp:978-3-030-12169-3_20. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.