Profitability and risk of European banks : a comparison between fixed and floating rates
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/28120 |
Resumo: | The share of floating-rate loans and fixed-rate loans varies across countries and over time. This is a study about how the movements in monetary policy interest rates defined by the European Central Bank and the changes in the yield curve of the countries influence the share of floating-rate loans. Moreover, there is also an attempt to study the impact of this type of interest rate selection with the main components of profitability in banks. Using a ten-country panel and econometric models, I find that the monetary policy instruments do influence the choice of loans with variable rates. However, the effects of this choice on banks’ profitability is less significant, suggesting that it depends on other components. These conclusions contribute to the literature related with monetary policy and banks’ interest rate risk management. |
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Profitability and risk of European banks : a comparison between fixed and floating ratesMonetary policyBank profitabilityFloating and fixed-rate loansInterest rate riskDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe share of floating-rate loans and fixed-rate loans varies across countries and over time. This is a study about how the movements in monetary policy interest rates defined by the European Central Bank and the changes in the yield curve of the countries influence the share of floating-rate loans. Moreover, there is also an attempt to study the impact of this type of interest rate selection with the main components of profitability in banks. Using a ten-country panel and econometric models, I find that the monetary policy instruments do influence the choice of loans with variable rates. However, the effects of this choice on banks’ profitability is less significant, suggesting that it depends on other components. These conclusions contribute to the literature related with monetary policy and banks’ interest rate risk management.Bonfim, Diana Carina RibeiroVeritati - Repositório Institucional da Universidade Católica PortuguesaCordeiro, Ana Filipa Capela2019-08-07T13:20:43Z2019-07-0820192019-07-08T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/28120TID:202270858enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:33:41Zoai:repositorio.ucp.pt:10400.14/28120Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:22:31.134811Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Profitability and risk of European banks : a comparison between fixed and floating rates |
title |
Profitability and risk of European banks : a comparison between fixed and floating rates |
spellingShingle |
Profitability and risk of European banks : a comparison between fixed and floating rates Cordeiro, Ana Filipa Capela Monetary policy Bank profitability Floating and fixed-rate loans Interest rate risk Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Profitability and risk of European banks : a comparison between fixed and floating rates |
title_full |
Profitability and risk of European banks : a comparison between fixed and floating rates |
title_fullStr |
Profitability and risk of European banks : a comparison between fixed and floating rates |
title_full_unstemmed |
Profitability and risk of European banks : a comparison between fixed and floating rates |
title_sort |
Profitability and risk of European banks : a comparison between fixed and floating rates |
author |
Cordeiro, Ana Filipa Capela |
author_facet |
Cordeiro, Ana Filipa Capela |
author_role |
author |
dc.contributor.none.fl_str_mv |
Bonfim, Diana Carina Ribeiro Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Cordeiro, Ana Filipa Capela |
dc.subject.por.fl_str_mv |
Monetary policy Bank profitability Floating and fixed-rate loans Interest rate risk Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Monetary policy Bank profitability Floating and fixed-rate loans Interest rate risk Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
The share of floating-rate loans and fixed-rate loans varies across countries and over time. This is a study about how the movements in monetary policy interest rates defined by the European Central Bank and the changes in the yield curve of the countries influence the share of floating-rate loans. Moreover, there is also an attempt to study the impact of this type of interest rate selection with the main components of profitability in banks. Using a ten-country panel and econometric models, I find that the monetary policy instruments do influence the choice of loans with variable rates. However, the effects of this choice on banks’ profitability is less significant, suggesting that it depends on other components. These conclusions contribute to the literature related with monetary policy and banks’ interest rate risk management. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-08-07T13:20:43Z 2019-07-08 2019 2019-07-08T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/28120 TID:202270858 |
url |
http://hdl.handle.net/10400.14/28120 |
identifier_str_mv |
TID:202270858 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131930871988224 |