Renouf Publishing Co. Ltd.
embedded image
Renouf
Online Bookstore

ABOUT SSL CERTIFICATES

 
Quick Search
for: 
in 
 
Advanced search
F.A.Q.
Featured books
New in print
Best Sellers
President's picks

Shopping cart/Checkout  [0]
Sign-up for eUpdates
Where Have All the Profits Gone?
European Bank Profitability Over the Financial Cycle

by Enrica Detragiache, Thierry Tressel, and Rima Turk-Ariss

Series:Working Paper No. 18/99
ISBN 9781484354544
Code: #WPIEA2018099

Publication year: 2018

Cdn: $27.00; US: $23.50
Paperback
Language: English
34 pages
Add to cart
The paper investigates EU banks’ profitability through the recent financial cycle using banklevel balance sheet and income statement data. We find that banks that were more successful at protecting their profits had a less pronounced deterioration in loan quality and a larger improvement in cost efficiency. They also downsized their assets more aggressively during the crisis, and reduced reliance on wholesale funding more markedly post-crisis. Net interest margins remained broadly stable over the financial cycle, including post-crisis, and there is no clear evidence that aspects of bank business model, such as higher reliance on fees and commission income, were associated with better profitability post-crisis.
Where Have All the Profits Gone?
Cdn: $27.00; US: $23.50
International Monetary Fund (IMF) BookID: 122557 Added: 2018.5.15