Idioma:

The effects of loan portfolio concentration on Brazilian banks’ return and risk

Tabak, Benjamin M. ; Fazio, Dimas M. ; Cajueiro, Daniel O.

Journal of banking & finance, 2011-11, Vol.35 (11), p.3065-3076 [Periódico revisado por pares]

Amsterdam: Elsevier B.V

Texto completo disponível

Citações Citado por

Enviar para

Título:
The effects of loan portfolio concentration on Brazilian banks’ return and risk
Autor: Tabak, Benjamin M. ; Fazio, Dimas M. ; Cajueiro, Daniel O.
Assuntos: Bank loans ; Bank return ; Bank risk ; Banks ; Brazil ; Credit ; Default ; Diversification ; Emerging markets ; Financial crisis ; Focus ; Loan portfolio composition ; Loan portfolio composition Focus Diversification Bank return Bank risk Emerging markets ; Loans ; Portfolio diversification ; Portfolio performance ; Rates of return ; Risk management ; Studies
É parte de: Journal of banking & finance, 2011-11, Vol.35 (11), p.3065-3076
Notas: ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
Descrição: This paper tests whether diversification of the credit portfolio at the bank level leads to better performance and lower risk. We employ a new high frequency (monthly) panel data for the Brazilian banking system with information at the bank level for loans by economic sector. We find that loan portfolio concentration increases returns and also reduces default risk; the impact of concentration on bank’s return is decreasing on bank’s risk; there are significant size effects; foreign and state-owned banks seem to be less affected by the degree of diversification. An important additional finding is that there is an increasing concentration trend after the breakout of the recent international financial crisis, specially after the failure of Lehman Brothers.
Editor: Amsterdam: Elsevier B.V
Idioma: Inglês

Links

View record in RePEc

Voltar para lista de resultados

Realização: Logos de Redes Sociais:

The effects of loan portfolio concentration on Brazilian banks’ return and risk

Tabak, Benjamin M. ; Fazio, Dimas M. ; Cajueiro, Daniel O.

Amsterdam: Elsevier B.V

Buscando em bases de dados remotas. Favor aguardar.