This paper analyzes the impact of the guarantee provided by mutual guarantee societies (MGSs) on the risk premium that banks should charge for small- and medium-sized enterprise (SME) loans under the new Basel Capital ...

This paper analyzes the impact of government bailout policies on the risk of the banking sector in OECD countries between 2005 and 2013. We use the 2007-2008 financial crisis as an exogenous source of change in bailout ...

This thesis discusses the financial, commercial, political and legal risks of international trade operations involving International Bank Guarantees. It starts by defining the most usual international trade instruments ...

Top management from retail banks must delegate authority to lower-level managers to operate branches and service centers. Doing so, they must navigate through conflicts of interest, asymmetric information and limited ...

The preferred guarantees are one of the most important tools that Peruvian banking regulation must mitigate credit risk and strengthen the soundness of financial system institutions, reducing the probability of bankruptcies ...

Top management from retail banks must delegate authority to lowerlevel managers to operate branches and service centers. Doing so, they must navigate through conflicts of interest, asymmetric information and limited ...

This paper presents a study about operation planning for radial distribution systems using a mixed-integer second-order cone programming formulation. The proposal consists of a complete model for solving the problems of ...