Bitar Mohammad, Tarazi Amine
Nottingham University Business School, University of Nottingham, Jubilee Campus, Nottingham NG8 1BB, United Kingdom.
Université de Limoges, LAPE, 5 Rue Félix Eboué, 87031 Limoges Cedex, France.
J Financ Stab. 2022 Jun;60:101009. doi: 10.1016/j.jfs.2022.101009. Epub 2022 Apr 25.
We discuss the implications on banks and the economy of prudential regulatory intervention to soften the treatment of non-performing exposures (NPEs) and ease bank capital buffers. We apply these easing measures on a sample of Globally Systemically Important Banks (G-SIBs) and show that these banks can play a constructive role in sustaining economic growth during the COVID-19 pandemic. In addition, an empirical analysis shows that prudential regulatory responses to COVID-19 along with high regulatory capital and low non-performing loans ratios are positively associated with economic growth. Thus, banks should maintain high capital ratios in the medium-term horizon to absorb future losses, as the effect of COVID-19 on the economy might take time to fully materialize.
我们讨论了审慎监管干预对银行和经济的影响，这种干预旨在放宽对不良风险敞口（NPE）的处理并放松银行资本缓冲。我们将这些宽松措施应用于全球系统重要性银行（G-SIBs）样本，并表明这些银行在新冠疫情期间维持经济增长方面可以发挥建设性作用。此外，实证分析表明，针对新冠疫情的审慎监管应对措施以及高监管资本和低不良贷款率与经济增长呈正相关。因此，银行应在中期维持高资本比率以吸收未来损失，因为新冠疫情对经济的影响可能需要时间才能完全显现。
