The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs

The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs

Author: F. Calciano

Publisher: Springer

Published: 2015-05-26

Total Pages: 256

ISBN-13: 1137518731

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The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.


Book Synopsis The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs by : F. Calciano

Download or read book The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs written by F. Calciano and published by Springer. This book was released on 2015-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.


The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs

The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs

Author: F. Calciano

Publisher: Springer

Published: 2015-05-26

Total Pages: 256

ISBN-13: 1137518731

DOWNLOAD EBOOK

The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.


Book Synopsis The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs by : F. Calciano

Download or read book The Restructuring of Banks and Financial Systems in the Euro Area and the Financing of SMEs written by F. Calciano and published by Springer. This book was released on 2015-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007-2009 financial crisis has had a worldwide impact on banks and financial systems. It has also brought about major changes in Europe's financial regulatory framework which could lead to financing problems for SMEs. The book explores the restructuring process of banking and financial systems to its impact on the financing of SMEs.


A Strategy for Resolving Europe's Problem Loans

A Strategy for Resolving Europe's Problem Loans

Author: Mr. Shekhar Aiyar

Publisher: International Monetary Fund

Published: 2015-09-24

Total Pages: 79

ISBN-13: 1513511653

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Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.


Book Synopsis A Strategy for Resolving Europe's Problem Loans by : Mr. Shekhar Aiyar

Download or read book A Strategy for Resolving Europe's Problem Loans written by Mr. Shekhar Aiyar and published by International Monetary Fund. This book was released on 2015-09-24 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.


Finance for SMEs: European Regulation and Capital Markets Union

Finance for SMEs: European Regulation and Capital Markets Union

Author: Patrizio Messina

Publisher: Kluwer Law International B.V.

Published: 2019-06-19

Total Pages: 222

ISBN-13: 9403501448

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With the European Commission’s announcement of the Capital Markets Union in 2016, a major step was at last taken to provide for the special needs of small and medium enterprises (SMEs). This book presents the first in-depth legal analysis of the challenges that SMEs have to face when managing their balance sheets and trying to attract investors, what alternative financing tools are most effective and how recent legislation reaches fair and convenient conditions for SMEs. The analysis focuses specifically on the Capital Markets Union structure and on other European initiatives that support and enhance SMEs’ raising money on capital markets in order to better diversify their investments and plan a growth and development strategy. An updated description of the European framework is provided, together with references to relevant national systems. Issues and topics covered include the following: need for long-lasting access to funds; securitization for SMEs; SME Z-score; crowdfunding; and peer-to-peer, minibond and accounts receivables financing. Case study analyses furnish a deep understanding of the financial structures and their main features. Appendices include English texts of the main European Union (EU) legal documents pertaining to SMEs. For SMEs discouraged by over-regulation designed for larger businesses, and who find themselves in difficulties when they have to face the required process, this book will prove to be of immeasurable practical value. This book represents one of the first publications on SMEs and finance and contains data and information resulting from a deep and well-focused research on the topic. The added value of this study will allow the academics to understand the main issues related to this topic and will provide for a steady basis for further research and analysis with regards to law and economics for SMEs. Furthermore, it will be also warmly welcomed by practitioners in the area of SME financing and will be useful to support them in the selection of the most appropriate tools for their clients. Banks and interested EU officials will also value its clear and straightforward approach to the subject.


Book Synopsis Finance for SMEs: European Regulation and Capital Markets Union by : Patrizio Messina

Download or read book Finance for SMEs: European Regulation and Capital Markets Union written by Patrizio Messina and published by Kluwer Law International B.V.. This book was released on 2019-06-19 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the European Commission’s announcement of the Capital Markets Union in 2016, a major step was at last taken to provide for the special needs of small and medium enterprises (SMEs). This book presents the first in-depth legal analysis of the challenges that SMEs have to face when managing their balance sheets and trying to attract investors, what alternative financing tools are most effective and how recent legislation reaches fair and convenient conditions for SMEs. The analysis focuses specifically on the Capital Markets Union structure and on other European initiatives that support and enhance SMEs’ raising money on capital markets in order to better diversify their investments and plan a growth and development strategy. An updated description of the European framework is provided, together with references to relevant national systems. Issues and topics covered include the following: need for long-lasting access to funds; securitization for SMEs; SME Z-score; crowdfunding; and peer-to-peer, minibond and accounts receivables financing. Case study analyses furnish a deep understanding of the financial structures and their main features. Appendices include English texts of the main European Union (EU) legal documents pertaining to SMEs. For SMEs discouraged by over-regulation designed for larger businesses, and who find themselves in difficulties when they have to face the required process, this book will prove to be of immeasurable practical value. This book represents one of the first publications on SMEs and finance and contains data and information resulting from a deep and well-focused research on the topic. The added value of this study will allow the academics to understand the main issues related to this topic and will provide for a steady basis for further research and analysis with regards to law and economics for SMEs. Furthermore, it will be also warmly welcomed by practitioners in the area of SME financing and will be useful to support them in the selection of the most appropriate tools for their clients. Banks and interested EU officials will also value its clear and straightforward approach to the subject.


Report on Financial Structures

Report on Financial Structures

Author: European Central Bank

Publisher:

Published: 2002

Total Pages: 376

ISBN-13:

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Book Synopsis Report on Financial Structures by : European Central Bank

Download or read book Report on Financial Structures written by European Central Bank and published by . This book was released on 2002 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area

Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area

Author: Michael Ehrmann

Publisher:

Published: 2001

Total Pages: 68

ISBN-13:

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Book Synopsis Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area by : Michael Ehrmann

Download or read book Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area written by Michael Ehrmann and published by . This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Euro Area Policies

Euro Area Policies

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

Published: 2018-07-20

Total Pages: 86

ISBN-13: 1484369289

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Overall the resilience of large euro area banks has improved, but important vulnerabilities remain. Capital buffers are in aggregate sizeable relative to immediate threats, but some banks are especially vulnerable to credit risk and others to market risks, including a substantial rise in risk premia. The banking system as a whole has ample liquidity, against a backdrop of ECB support. At a structural level, low profitability is found in many banks across all business models, despite improving conjunctural conditions. The interconnectedness analysis shows that strong buffers are effective in dampening both vulnerabilities and onward transmission. Risks to financial stability relate mainly to tighter financial conditions, weaker growth, and policy and geopolitical uncertainties. The withdrawal of the United Kingdom from the EU (Brexit) could potentially disrupt financial market and services, and thus the wider economy. Also, policy reversals could hurt debt sustainability and test the cohesion of policy making in the union.


Book Synopsis Euro Area Policies by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Euro Area Policies written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2018-07-20 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overall the resilience of large euro area banks has improved, but important vulnerabilities remain. Capital buffers are in aggregate sizeable relative to immediate threats, but some banks are especially vulnerable to credit risk and others to market risks, including a substantial rise in risk premia. The banking system as a whole has ample liquidity, against a backdrop of ECB support. At a structural level, low profitability is found in many banks across all business models, despite improving conjunctural conditions. The interconnectedness analysis shows that strong buffers are effective in dampening both vulnerabilities and onward transmission. Risks to financial stability relate mainly to tighter financial conditions, weaker growth, and policy and geopolitical uncertainties. The withdrawal of the United Kingdom from the EU (Brexit) could potentially disrupt financial market and services, and thus the wider economy. Also, policy reversals could hurt debt sustainability and test the cohesion of policy making in the union.


Corporate Finance in the Euro Area

Corporate Finance in the Euro Area

Author:

Publisher:

Published: 2007

Total Pages: 0

ISBN-13: 9789289901710

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This report analyses the financial position of non-financial enterprises in the euro area, in particular the amount of external financing, the choice between debt and equity and the composition and maturity structure of debt. It aims at identifying the main features of the euro area, as well as the peculiarities that depend on the country of origin and the sector of activity. Attention is also devoted to assessing whether a country's institutional features are correlated with different financial structures by firms. In light of the particular interest in the access of small and medium-sized enterprises (SMEs) to financing, the report also analyses how financing patterns differ across large, medium-sized and small enterprises. Finally, the report discusses the recent trends observed in the corporate finance landscape of the euro area over the past few years. Although it is still too early to pass final judgement, vast structural changes are underway that could have already influenced in a positive way in the availability of external funds for firms.


Book Synopsis Corporate Finance in the Euro Area by :

Download or read book Corporate Finance in the Euro Area written by and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report analyses the financial position of non-financial enterprises in the euro area, in particular the amount of external financing, the choice between debt and equity and the composition and maturity structure of debt. It aims at identifying the main features of the euro area, as well as the peculiarities that depend on the country of origin and the sector of activity. Attention is also devoted to assessing whether a country's institutional features are correlated with different financial structures by firms. In light of the particular interest in the access of small and medium-sized enterprises (SMEs) to financing, the report also analyses how financing patterns differ across large, medium-sized and small enterprises. Finally, the report discusses the recent trends observed in the corporate finance landscape of the euro area over the past few years. Although it is still too early to pass final judgement, vast structural changes are underway that could have already influenced in a positive way in the availability of external funds for firms.


Financial Markets, SME Financing and Emerging Economies

Financial Markets, SME Financing and Emerging Economies

Author: Giusy Chesini

Publisher: Springer

Published: 2017-10-11

Total Pages: 159

ISBN-13: 3319548913

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This book investigates small and medium sized enterprises (SMEs) access to credit, the earning quality, and the cost of debt in the European Union. It also examines two important risk measures in financial markets: the volatility index (VIX) and Credit Default Swaps (CDS). Finally, it deep dives inside one of the most important emerging markets, China, to assess monetary policy and the relationship between financial institutions and real estate firms. This work will appeal to both academics and practitioners in the areas of SME financing, financial markets and emerging economies.


Book Synopsis Financial Markets, SME Financing and Emerging Economies by : Giusy Chesini

Download or read book Financial Markets, SME Financing and Emerging Economies written by Giusy Chesini and published by Springer. This book was released on 2017-10-11 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates small and medium sized enterprises (SMEs) access to credit, the earning quality, and the cost of debt in the European Union. It also examines two important risk measures in financial markets: the volatility index (VIX) and Credit Default Swaps (CDS). Finally, it deep dives inside one of the most important emerging markets, China, to assess monetary policy and the relationship between financial institutions and real estate firms. This work will appeal to both academics and practitioners in the areas of SME financing, financial markets and emerging economies.


The Transformation of the European Financial System

The Transformation of the European Financial System

Author: Vitor Gaspar

Publisher:

Published: 2003-01-01

Total Pages: 334

ISBN-13: 9789291813483

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Book Synopsis The Transformation of the European Financial System by : Vitor Gaspar

Download or read book The Transformation of the European Financial System written by Vitor Gaspar and published by . This book was released on 2003-01-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: