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Seminar Invitation - Thursday 9 March 2017 - Kyriakos Neanidis Εκτύπωση E-mail
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Seminars at the Department of Banking and Financial Management

Seminars Organizers: Dr. Michail Anthropelos, Prof. George Skiadopoulos.

 

 

 

 

The Department of Banking and Financial Management announces the upcoming seminar with Prof. Kyriakos Neanidis, University of Manchester

 

 

Kyriakos Neanidis will present:

 

Domestic or Foreign Currency? Remittances and the Composition of Deposits and Loans

ABSTRACT:

 

This paper investigates the effects of remittance receipts on the currency composition of deposits and loans in the home-country banking system. For this objective, we first develop a simple model that links remittance flows to the decisions of households and firms with regard to the optimal share of deposits and loans, respectively, held in the form of foreign currency. We, then, examine empirically the relevance of the theoretical predictions for fourteen Central and Eastern European countries over the last two decades. Both the theoretical and empirical findings underpin the importance of remittances for the currency composition of bank’s balance sheets, pointing to a mismatch between deposits and loans: remittances raise the share of foreign currency loans whilst they reduce the share of foreign currency deposits.

 

 

Prof. Kyriakos Neanidis,

University of Manchester

 

 

More information about Kyriakos Neanidis

DOMESTIC OR FOREIGN CURRENCY? REMITTANCES AND THE COMPOSITION OF DEPOSITS AND LOANS.

Time and Place

March 09, 2017

Time: 16.15-18.00

Place: Room 013

More upcoming Seminars 2017:

 

March 23, 2017

Claudia Custodio, Imperial College Business School

 

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