Rating and financing subsidies for global systemically important banks

• Autorzy: Kleinow J.

Warianty tytułu

PL

Ocena i finansowe dotacje dla banków o znaczeniu globalnym

• Języki publikacji: EN

Abstrakty

EN

The international financial? This paper provides an empirical way for the identification and valuation of implicit crisis of 2007 - global systemically important banks receives debt funding cost advantages of more than 2011 showed that when it comes to the crunch, governments bail out their banks. The implicit insurance against insolvency results in better ratings and lower funding costs for banks. But what is the value of the bailout expectation for banks as perceived by market participants governmental rating and financing subsidies for banks by analysing the support imbedded in banks’ credit ratings. The results show remarkable rating and funding subsidies: A small group of so-called 590 basis points. European banks have a funding cost advantage of 134 basis points (or 3.3 rating notches), whereas listed banks receive 67 basis points (or 1.7 notches) of support.

PL

W artykule przedstawiono wyniki badań dotyczące kryzysu finansowego z lat 2007-2011. W trakcie kryzysu, rządy podejmowały działania, aby ratować swoje banki. Badania dotyczyły wartości sum, które przekazano bankom i postrzegania przez społeczeństwo tego procesu.

Słowa kluczowe

EN

banks; bailout; rating fund

PL

banki; bail out; fundusz ratingowy

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2014
• Tom: z. 71
• Strony: 163--180
• Opis fizyczny: Bibliogr. 27 poz.

Twórcy

autor

Kleinow J.

• Technische Universität Bergakademie Freiberg, Freiberg, Germany

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