Economics at your fingertips  


Angela Roman () and Alina Sargu ()

Revista Economica, 2012, vol. Supplement, issue 4, 552-560

Abstract: In the last two decades the usage of innovative financial instruments has increased in the European banking sector. Traditional instruments like loans sales have been complemented by new ones like the credit derivatives instruments. In this context, the aim of our research is to test if and how the usage of the credit derivatives instruments and the loans sales operations can be influenced by a series of banks characteristics. In order to achieve this we have used a multiple linear regression analysis, where the independent variables were represented by a series of banks characteristics, like banks size, their profitability or capitalisation ratio and the dependent variables were represented by the estimations made regarding the major European banks presence on credit derivatives and loans sales markets. The sample used was comprised from the major 20 banking groups located in the European Union and the analysed period was 2007-2009. The obtained results suggest that larger banks, well capitalised and strongly geographically diversified tend to be the most active in credit derivatives instruments operations, while loans sales operations tend to be dominated by the banks well diversified, highly capitalise and that have very good loaning opportunities.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... nte/Volume4-2012.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Revista Economica from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Eduard Alexandru Stoica ().

Page updated 2019-10-10
Handle: RePEc:blg:reveco:v:supplement:y:2012:i:4:p:552-560