Financial crises and bank funding: recent experience in the euro area
Adrian Rixtel () and
Gabriele Gasperini
No 406, BIS Working Papers from Bank for International Settlements
Abstract:
This paper provides an overview of bank funding trends in the euro area following the 2007-09 global financial crisis and the euro area crisis. It shows that funding has become segmented along national borders and that secured instruments are much more prevalent than previously. Rising debt retention by euro area banks has accompanied greater dependence on liquidity provided by the ECB.
Keywords: euro area; financial crisis; bank funding; renationalisation; secured issuance; debt retention (search for similar items in EconPapers)
Pages: 36 pages
Date: 2013-03
New Economics Papers: this item is included in nep-ban, nep-eec, nep-fmk and nep-mon
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Citations: View citations in EconPapers (85)
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Persistent link: https://EconPapers.repec.org/RePEc:bis:biswps:406
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