With that aim, a univariate GARCH model which takes into account not only the effect of the interest rate changes but also the effect of their volatility on the distribution of the Spanish bank stock returns is used. The results show that both changes and volatility of interest rates have a...
(MoneyWatch) Interest rates on Spanish bonds hit crisis levels today despite Madrid's increasingly desperate efforts to reassure investors. Investors are reacting to Friday's collapse of Bankia, the nation's 4th largest bank, and the announcement that Catalonia, Spain's most prosperous state, neede...
A tie-up between CaixaBank, the largest bank in the domestic market, and Bankia, Spain’s biggest mortgage lender, could herald other moves toward consolidation in the financial sector. Banks in Europe are having a hard time amid low interest rates, which squeeze their profits on lo...
The European Central Bank (ECB) abandoned its customary caution last week and raised interest rates by 75 basis points. With inflation in the euro area reaching a record rate of 9.1 percent in August, the boldness of the ECB's record interest rate rise caused concerns. However, some experts...
Long-term interest rates. Total, % per annum, March 2000–October 2006 Full size image Finally, in their recently published book, Copelovitch and Singer (2020) examine why some countries are more prone to systemic bank crises than others, and what makes banks vulnerable under contemporary condit...
The impact of interbank and public debt markets on the competition for bank deposits The growth in the interest rates paid on Spanish public debt since 2008 and the impairment of the interbank market have generated concerns about their effe... P Montes,Carlos - 《Spanish Review of Financial Eco...
"If we succeed in getting inflation under control and people can overcome their fear of continuing to lose purchasing power because wages cannot match the same rhythm, I don't think the situation has to be bad, although I do think that a lot will depend on how interest rates develop and ...
. This concern came with the bankruptcy of the Californian bank SVB, which, although it has a very different business model to that of Spanish banks, has made them look closely at where they are investing the excess liquidity that has been generated this year with negative interest rates....
Negotiation to remove Floor Rates and save money on interest payments – If you have a floor rate or minimum rate you were unaware of at completion let us negotiate with the Bank to get this clause removed. Arrears and defaults – Are you in arrears, have temporary issues and need help to...
In reality, however, Spanish mortgage buyers did not profit fully from the record-low interest rate environment in recent years under the floor clauses. Spanish banks such as Bankia and Caixabank said they have designed an express process to deal with the complaints emerged from the ruling of ...