PL EN


2018 | 18 | 99-113
Article title

Banks’ Credit Ratings – Domestic and Foreign Notes

Title variants
PL
Credit ratingi banków – noty dotyczące zobowiązań w walucie krajowej i zagranicznej
Languages of publication
EN
Abstracts
EN
The aim of the paper is to analyse the differences between foreign and domestic notes given to banks by credit rating agencies. Following a literature review, the following hypothesis was proposed: Financial indicators have a stronger impact on the credit ratings of domestic rather than of foreign banks. The hypothesis was verified using panel ordered probit models. The analysis was based on European banks’ long-term issuer credit ratings given by S&P, Fitch and Moody between 2000 and 2015.
PL
Celem artykułu jest analiza różnic w notach dotyczących zobowiązań wyrażonych w walucie krajowej i zagranicznej. Przeprowadzono badania literaturowe i postawiono następującą hipotezę badawczą: wskaźniki finansowe silniej wpływają na credit rating banku dotyczący zobowiązań w walucie krajowej niż zagranicznej. Hipoteza została zweryfikowana z użyciem panelowych uproszczonych modeli probitowych. Analiza została przygotowana dla długoterminowych ratingów emitenta europejskich banków, które zostały nadane przez S&P, Fitch i Moody w latach 2000–2015.
Year
Issue
18
Pages
99-113
Physical description
Contributors
  • Uniwersytet Warszawski, Wydział Zarządzania, Zakład Bankowości i Rynków Pieniężnych, ul. Krakowskie Przedmieście 30, 00-927 Warszawa, Poland, pchodnicka@wz.uw.edu.pl
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-f742ba92-a2b6-4e97-855b-b0701ff09b40
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