BADARAU, Cristina; LAPTEACRU, Ion

doi:10.1016/j.ribaf.2019.03.004

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BADARAU, Cristina
Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Institut Léon Duguit [ILD]

LAPTEACRU, Ion

Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
Institut Léon Duguit [ILD]

Langue

Article de revue

Ce document a été publié dans

Research in International Business and Finance. 2020-01-01, vol. 51

Résumé en anglais

The outbreak of the 2007–2009 financial crisis and of the European sovereign debt crisis again raised questions about the vulnerability and the behaviour of banking institutions. The un- conventional monetary policies that followed have flattened the yield curve and created a low interest rates environment. This can give rise to risk-taking behaviour from banks and can therefore undermine the stability of the banking system with negative impact of the credit supply, corporate investment and real economy. This article proposes a literature review on the main determinants of bank lending and risk-taking decisions, going through the competition in the banking market, the bank connectedness with firms and the role of monetary and banking authorities. The systemic risk concept is also discussed as well as its drivers and potential measures that should be monitored by prudential authorities in order to preserve financial sta- bility< Réduire

Mots clés

Bank risk

Systemic risk

Mots clés en anglais

Banking competition

Bank connectedness with firms