Credit Risk in Two Institutional Regimes: Spanish Commercial and Savings Banks View Full Text


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Article Info

DATE

2002-12

AUTHORS

Vicente Salas, Jesús Saurina

ABSTRACT

Although credit risk is an important factor that financial institutions must cope with, the determinants of bank problem loans have been little studied. Using panel data, we compare the determinants of problem loans of Spanish commercial and savings banks in the period 1985–1997, taking into account both macroeconomic and individual bank level variables. The GDP growth rate, firms, and family indebtedness, rapid past credit or branch expansion, inefficiency, portfolio composition, size, net interest margin, capital ratio, and market power are variables that explain credit risk. However, there are significant differences between commercial and savings banks, which confirm the relevance of the institutional form in the management of credit risk. Our findings raise important bank supervisory policy issues: the use of bank level variables as early warning indicators, the advantages of bank mergers from different regions, and the role of banking competition and ownership in determining credit risk. More... »

PAGES

203-224

References to SciGraph publications

  • 1997-09. Determinants of Banking System Fragility: A Case Study of Mexico in IMF ECONOMIC REVIEW
  • 1991-03. Loan-loss experience and risk-taking behavior at large commercial banks in JOURNAL OF FINANCIAL SERVICES RESEARCH
  • 1997-10. Commercial Bank Risk Management: An Analysis of the Process in JOURNAL OF FINANCIAL SERVICES RESEARCH
  • 1997-10. Bank Risk, Capitalization, and Operating Efficiency in JOURNAL OF FINANCIAL SERVICES RESEARCH
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    URI

    http://scigraph.springernature.com/pub.10.1023/a:1019781109676

    DOI

    http://dx.doi.org/10.1023/a:1019781109676

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1006341430


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