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

Author Info

Listed author(s):
  • 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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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
Handle: RePEc:bis:biswps:406
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Keywords: euro area; financial crisis; bank funding; renationalisation; secured issuance; debt retention;

This paper has been announced in the following NEP Reports:

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