Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004

This paper investigates how provisioning behaviour across Central and Eastern European commercial banks is related to the business cycle, income smoothing and capital management. The analysis is conducted on a sample of 52 banks from five European Union countries over the period from 2004 to 2010. T...

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Main Author: Makaricevs, Aleksandrs
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2011
Online Access:https://eprints.nottingham.ac.uk/25267/
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author Makaricevs, Aleksandrs
author_facet Makaricevs, Aleksandrs
author_sort Makaricevs, Aleksandrs
building Nottingham Research Data Repository
collection Online Access
description This paper investigates how provisioning behaviour across Central and Eastern European commercial banks is related to the business cycle, income smoothing and capital management. The analysis is conducted on a sample of 52 banks from five European Union countries over the period from 2004 to 2010. These countries are: Latvia, Lithuania, Estonia, Slovenia and Slovakia. To summarise, the present paper finds evidence that loan loss provisions are highly procyclical across all the researched countries. However, procyclical effect is mitigated by the income smoothing. Additionally, empirical results show that provisions reflect changes in the expected quality of a bank’s loan portfolio, measured by the change in the amount of nonperforming loans. Furthermore, obtained results show strong evidence of capital management through loan loss provisions.
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language English
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spelling nottingham-252672018-01-30T09:30:23Z https://eprints.nottingham.ac.uk/25267/ Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004 Makaricevs, Aleksandrs This paper investigates how provisioning behaviour across Central and Eastern European commercial banks is related to the business cycle, income smoothing and capital management. The analysis is conducted on a sample of 52 banks from five European Union countries over the period from 2004 to 2010. These countries are: Latvia, Lithuania, Estonia, Slovenia and Slovakia. To summarise, the present paper finds evidence that loan loss provisions are highly procyclical across all the researched countries. However, procyclical effect is mitigated by the income smoothing. Additionally, empirical results show that provisions reflect changes in the expected quality of a bank’s loan portfolio, measured by the change in the amount of nonperforming loans. Furthermore, obtained results show strong evidence of capital management through loan loss provisions. 2011-09-23 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25267/1/dissertation_with_title.pdf Makaricevs, Aleksandrs (2011) Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Makaricevs, Aleksandrs
Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title_full Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title_fullStr Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title_full_unstemmed Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title_short Banks’ loan loss provisioning behaviour and procyclicality across Central and Eastern European countries joined the European Union in 2004
title_sort banks’ loan loss provisioning behaviour and procyclicality across central and eastern european countries joined the european union in 2004
url https://eprints.nottingham.ac.uk/25267/