Why Are Canadian Banks More Resilient?.
Title:
Why Are Canadian Banks More Resilient?.
Author:
Huang, Rocco.
ISBN:
9781451917284
Personal Author:
Physical Description:
1 online resource (21 pages)
Series:
IMF Working Papers
Contents:
Contents -- I. Introduction -- II. Fundamentals of Canadian Banks -- A. Bank Fundamentals and Peer Comparison -- B. Capital Ratios -- C. Liquidity -- D. Funding Structure -- E. Multivariate Regression Analysis -- F. Asset-Side Exposures -- III. Regulatory and Structural Environment in Canada -- A. Capital Regulation -- B. Liquidity Framework in Canada -- C. Banking Market Structure -- IV. Conclusions -- References -- Tables -- 1. Subsample of Banks -- 2. Capital Ratios -- 3. Balance Sheet Liquidity -- 4. Depository Funding -- 5. The Determinants of Bank performance during the Financial Turmoil.
Abstract:
This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in liabilities, and a number of regulatory and structural factors in the Canadian market that reduced banks' incentives to take excessive risks. The robust predictive power of the depository funding ratio is confirmed in a multivariate analysis of the performance of 72 largest commercial banks in OECD countries during the turmoil.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Added Author:
Electronic Access:
Click to View