Advanced search ?

Object

Determinants of liquidity risk in commercial banks in the European Union
Download

Title: Determinants of liquidity risk in commercial banks in the European Union

Creator:

Wójcik-Mazur, Agnieszka ; Szajt, Marek

Description:

Argumenta Oeconomica, 2015, Nr 2 (35), s. 25-47

Abstrakt:

In this paper we analyse the determinants of liquidity risk of commercial banks by comparing dependencies in two dichotomous groups, including banks operating in the countries of the so-called Old European Union (Austria, Belgium, Germany, Denmark, Spain, Finland, France, the UK, Greece, Ireland, Italy, Portugal) and the countries of the so-called New European Union (Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovenia, Slovakia). On the basis of two indicators of liquidity risk, we estimate the same group of determinants that co-create microeconomic factors (credit risk, effectiveness level, size of the bank, financial leverage level, engagement in the interbank market) and macroeconomic factors (weighted average for interest rates of the unsecured market of interbank O/N deposits, domestic credit provided by the banking sector to GDP, inflation, GDP). The determinants of liquidity risk specific for banks operating in the countries of the so-called Old European Union are slightly different from those for banks operating in the countries classified as the so-called New European Union. However, we can indicate a group of internal determinants that affect the level of liquidity risk, regardless of the form of liquidity risk measure adopted, and the country in which they operate (margin volume, credit risk level, and engagement in the interbank market). A significant difference in terms of the diagnosed flexibility is the effect of the weighted average interest rates of the unsecured market of interbank O/N deposits on the level of banks liquidity. In banks operating in the area of the Old European Union, the increase of O/N interest rates encourages intensifying the engagement in the money market. On the other hand, in countries from the group of the New European Union, the increase of this rate is not synonymous with the overall increase of liquid assets

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2015

Resource Type:

artykuł

Resource Identifier:

oai:dbc.wroc.pl:30365

Language:

eng

Relation:

Argumenta Oeconomica, 2015, Nr 2 (35)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Argumenta Oeconomica

Format:

application/pdf

Subject and keywords:

liquidity risk bank determinants of liquidity risk

Object collections:

Last modified:

May 26, 2022

In our library since:

Nov 10, 2015

Number of object content hits:

5 572

Number of object content views in PDF format

5786

All available object's versions:

https://dbc.wroc.pl./publication/33568

Show description in RDF format:

RDF

Show description in OAI-PMH format:

OAI-PMH

Edition name Date
Determinants of liquidity risk in commercial banks in the European Union May 26, 2022

Similar

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Identification of the dependences between liquidity risk and internal determinants in Polish banks

Wójcik-Mazur, Agnieszka

2019
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

The effect of structural liquidity on performance in Polish commercial banks (measured with margin level) in 2009-2016

Wójcik-Mazur, Agnieszka

2017
artykuł
Argumenta Oeconomica
Argumenta Oeconomica

Intraday liquidity modelling using statistical methods

Vojtková, Mária Mihalech, Patrik

2023
artykuł
Argumenta Oeconomica
Argumenta Oeconomica

Systemic risk affected by country level development. The case of the European banking sector

Karkowska, Renata

2019
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Bank solvency and liquidity risk in different banking profiles – the study of European banking sectors

Karkowska, Renata

2016
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Analiza systemu bankowego w kontekście wzrostu gospodarczego w Polsce

Wójcik-Mazur, Agnieszka

2011
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Chosen measures for pricing liquidity

Dziwok, Ewa

2017
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Zmiana pozycji innowacyjnej regionów w rozszerzającej się Unii Europejskiej

Szajt, Marek

2012
artykuł
More
×

Citation

Citation style:

Contact details

Address

Wrocław University of Science and Technology (Coordinator)
Library of Wrocław University of Science and Technology
Wybrzeże Wyspiańskiego 27
50-370 Wrocław, Poland

Phone

(+48) 71-320-38-30
(+48) 71-320-47-50

E-Mail

bc@pwr.edu.pl

Visit us!

https://biblioteka.pwr.edu.pl/

This page uses 'cookies'. More information