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TZID:Europe/Paris
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DTSTART:20251026T030000
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UID:calendar.137905.field_date.0@www.tse-fr.eu
DTSTAMP:20260906T053029Z
CREATED:20250825T091001Z
DESCRIPTION:Romain Bouis (IMF)\, “Financial Stability Workshop - How Do Hig
 h Interest Rates Affect Banks: The Roles of Loan Losses and Macroprudentia
 l Policy”\, Séminaire Banque de France\, September 4\, 2025\, 14:00–15:30\
 , BDF\, Paris\, room Salle 5 de l’espace conférence.\n\nThis paper examine
 s empirically how the effect of interest rates on the three components of 
 bank profits – loan loss provisions\, net interest margin\, and non-intere
 st income – varies depending on bank characteristics and the macroprudenti
 al policy environment. A new finding is that higher interest rates lead to
  larger loan loss provisions for banks offering flexible-rate loans\, but 
 that this effect is attenuated when macroprudential borrower-based measure
 s have been tight in preceding years. Tighter macroprudential settings als
 o reduce the effect of higher unemployment on loan loss provisions recorde
 d by banks\, and thereby the negative impact of unemployment on profitabil
 ity. Moreover\, we find significant heterogeneity across banks: the profit
 ability of banks with strong risk appetite that extend loans at flexible r
 ates decreases with the interest rate\, as the effect of loan losses domin
 ates the effect on interest margin\, while the profitability of other bank
 s benefits on average from higher interest rates.
DTSTART;TZID=Europe/Paris:20250904T150000
DTEND;TZID=Europe/Paris:20250904T163000
LAST-MODIFIED:20250827T001001Z
LOCATION:September 4\, 2025\, 14:00–15:30\, BDF\, Paris\, room Salle 5 de l
 ’espace conférence
SUMMARY:Séminaire Banque de France
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2025-financial-stability-worksh
 op-how-do-high-interest-rates-affect-banks-roles-loan-losses-and
END:VEVENT
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