The macroeconomic sources of systemic risk in the banking sectors of five new EU member states

By Mejra Festić, Alenka Kavkler, S. Repina. 2011

202 citations recorded by the source corpus.

Subfields: Finance

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Credit risk determinants: Evidence from a cross-country study (2015, background): “A banking crisis may occur following volatility in the macroeconomic environment (Festic et al., 2011; Louzis et al., 2012; Nkusu, 2011) such as a fall in growth, or increases in levels of unemployment, interest rates, and inflation.”
Macroeconomic Determinants of the Credit Risk in the Banking System: The Case of the GIPSI (2013, background): “Considering a panel of five new EU member states (Bulgaria, Romania, Estonia, Latvia, and Lithuania), Festic et al. (2011) also show that the mix of slowdown in economic activity, growth of credit and available finance and lack of supervision are harmful to banking performance and deteriorate…”
Factors influencing bank risk in Europe: Evidence from the financial crisis (2015, methodology): “loans to gross loans, has commonly been used in the literature as a measure of bank soundness (Berger and De Young, 1997; Delis and Kouretas, 2011; Festic et al., 2011).”